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I was -- i was someone who ran businesses for 25 years and balanced the budget. >> lebo, of course they add up, i was someone who ran businesses for 25 years. explain to me the logic there. >> well, i think the logic is this, i think the math question has really bedevilled mitt romney and also bedevilled paul ryan in the last few weeks and paul ryan is supposedly the better explainer of the two. it's a problematic narrative for them and frankly what it does is puts focus on the speculative nature of their plan and what doesn't, you know, and raising a lot of questions about it rather than rais...

Can you declare anything off limits? >> we are saying high-interest people. >> home mortgage deductions? >> you can guarantee that no one making less than $100,000 will have mortgage deduction impacted? guaranteed? >> he keeps trying to make you think it's a movie star, hedge-fund guy. >> 97% of the small businesses make less than $250,000 a year, would not be affected one bit. >> you know this taxes a million small businesses. >> does it tax 97% of the american businesses? >> it taxes small businesses who are the greatest job creators. >> and you are going to increase the budget. you are goin...

>> that means successful -- >> no specifics. >> what we are saying, lower tax rate, 20 percent, start with the wealthy -- >> you guarantee this math will add up. >> six studies have verified that this math adds up. >> vice-president biden -- >> let me translate. let me have a chance to -- >> you are going to increase. >> we are not going to cut the defense budget -- >> this is $2 billion. >> that's not -- [overlapping dialogue] >> we are talking about -- >> no massive. >> we are saying -- >> defense increases. >> you want to get into defense now? >> yes, i do. that's another math question. how...

>> that means successful -- >> no specifics. >> what we are saying, lower tax rate, 20 percent, start with the wealthy -- >> you guarantee this math will add up. >> six studies have verified that this math adds up. >> vice-president biden -- >> let me translate. let me have a chance to -- >> you are going to increase. >> we are not going to cut the defense budget -- >> this is $2 billion. >> that's not -- [overlapping dialogue] >> we are talking about -- >> no massive. >> we are saying -- >> defense increases. >> you want to get into defense now? >> yes, i do. that's another math question. how...

Good to have you back with us. thanks for watching "the ed show" tonight. now it's time to do some math. of course, paul ryan flunked the math test last night in front of about 50 million people. >> and you're going to increase the defense -- >> we're just not going to cut the defense budget -- >> you're going to increase it $2 billion. $2 trillion. >> so no massive -- >> no, we're saying -- >> -- defense increases? >> you want to get into defense now? >> yes, i do. i do. because that's another math question. i want to know how you do the math and have this increase in defense spending. >> $2 ...