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Read the dissent, it says taxes are unpopular. that's why we look to the house of representatives to pass taxes. this is going to be -- this is a political gift. >> actually what the chief justice said, and i go back to this, it is not our job to protect the people from the consequences of their political choices. seems like you have an election in 130 days. >> what is really interesting about today is how it really is a win-win-win. it was a win for obama. he didn't get his signature thing knocked out and declared unconstitutional and a big massive fail. it was a win for people with pre-exist...

Apparently appearing to want to strike back. in fact, the romney campaign is reported hauling in more than $2.5 million since that decision was handed down this morning. and joining me now with more on the historic day, author of the best-seller "screwed" former white house advisor dick morris. >> i believe this crosses a line. i believe with the dissenting justices. we have the economic issues, which is the largest tax increase coming, and then we have the political fallout, dick. what is the political fallout? >> well, i think obama won the battle today and lost the war. he won a puric victo...

History when the bush tax cuts expire? >> right. so the president, who said during the entire debate on healthcare that this is not a tax went on abc news, george stephanopoulos, and it's not a tax, i'm sick of people calling it a tax, it is not a tax, he said, and then he has his lawyer, this and this is what is important, the solicitor general goes up to the supreme court of the united states and argues it's a tax. reluctantly because they didn't want to say it was a tax but that's exactly what the chief justice and four other justices found were we now have the greatest tax increase on the ...

Read the dissent, it says taxes are unpopular. that's why we look to the house of representatives to pass taxes. this is going to be -- this is a political gift. >> actually what the chief justice said, and i go back to this, it is not our job to protect the people from the consequences of their political choices. seems like you have an election in 130 days. >> what is really interesting about today is how it really is a win-win-win. it was a win for obama. he didn't get his signature thing knocked out and declared unconstitutional and a big massive fail. it was a win for people with pre-exist...

>> i will do whatever i can to ensure the mental class tax increase doesn't go into effect and doesn't hurt economic growth in america. but here is what i expect i hope. i hope thereof democrats in the u.s. senate that say while they agree with all of us that we do have a health insurance problem in america, they never intended to create an irs problem for millions of americans which now is what millions of americans are going to have really soon. this isn't what anyone wanted and i hope we have the chance to redo this thing in the right way. >> and tax on all americas and the cornerstone of t...