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Every taxpayer in the u.s.? $166,000. the reason i say taxpayer is because those are the folks who will end up footing the tax. >> sandra: ari fleisher former press secretary during the bush year, frequent guest on this program. here's what he had to say. time to abolish the debt limit. raise it this fall and eliminate it. what does it accomplish other than risk default and showdown. >> all due respect to ari, but no, no, no. like there's one kind of qasi break. we publicly embarrass congress if they raise the debt ceiling. it's an embarrass that they can't live within their means. we take tha...

Kill a bill already passed by congress and refuse to pay bills already run up by the congress in an attempt to basically risk default. this is an attempt to destroy all we know of as the republican form of government in this country with the purpose i don't know the purpose. what is it? >> beats the hell out of me. but i think that the probably the best explanation is that these guys are catering to the most strident voices in their party. i think cruz is a very ambitious guy. he's been in iowa, got a great reception there with this kind of rhetoric. and you know, i think that he sees a niche ...

In addition to their vowshut do american government, the government wouldn't be able to pay its debts and would go into default. it would destroy the united states credit rating and send us spooirg into default. this is cruz's operation. this is more than obstructionism, this is political terrorism, a strategy of mass destruction and demolition with a hope after the rubble is settled they'll be the ones left around to pick up the pieces. david axe rod and steve schmidt is a republican strategist. david, first your view. i believe it's terrorism. this is the first time i've seen a political par...

Schmidt. david, first your view. i believe it's terrorism. this is the first time i've seen a political party or even a fraction of it saying their number one goal is "a," to shut down the american government. and it is the american government. kill a bill already passed by congress and refuse to pay bills already run up by the congress in an attempt to basically risk default. this is an attempt to destroy all we know of as the republican form of government in this country with the purpose i don't know the purpose. what is it? >> beats the hell out of me. but i think that the probably the best...

Prescribe from time to time. that's pretty broad. so according to current existing law, and this is actually true, the government could, for instance, strike a coin tomorrow at the united states mint at west point and as long as it was platinum, the secretary of treasury could decree that this new coin was worth $1 trillion. doing so would solve a really big problem that's looming on the horizon. secretary of treasury could then take the $1 trillion coin, deposit in its account at the federal reserve, and use the money to write checks to pay our debts, even if congress refuses to raise the deb...