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Whether it's to japan, china, saudi arabia or whatever. >> i think the foreign policy community increasingly agrees with that view. larry summers raised this question, how long can the world's biggest borrower remain the world 'biggest power? that's a very and profound question. but i do want to say this. i shy she got one thing wrong. she accused greenspan i saying -- he said we can cut taxes, he is a spending hawk, has been all his life, did not want to raise spending. the deficits we now have are a product, yes, in part of the tax cuts, but they're also part of a whole lot more spending sin...

Effect on distribution of the tax burden, it ought to be preobama and not post obama or do we have to enshrine what obama did in the tax code, i don't think so. paul: i'm with you on that one, senator and just about everything else but i want to ask you about the deficit charge because a lot of people are saying, hey, this is going to increase the deficit, there's no plan right now in the details to pay for that, finance the rate cuts, you're a spending hawk, been a deficit hawk, what do you make of that charge? >> well, first of all, well in the hell were the people when obama doubled the deb...