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A fancy way to say it -- >> to the tune of $45 million a month foritous buy up our own treasury stocks. the argument is about $85 billion per year. when you put it thatn that context and understand that revenues have increased in the united states of america by 10% and spending by the for the government has increased 16% and we have a federal government spending 25s% of our gross domestic product, this is not a revenue issue, this is a spending issue. i think what we need to do is come up with the right type of legislation to solve this thing, keep these tax rates where they are and then if we...

Being able to express a federal voice for us. they voted to have this president come back in. this isn't a big bait and switch. the president ran on this, campaigned on this, it was driven into the ground through social media, news coverage, newspaper headlines. what part of it is a bait and switch to republicans that they did not realize taxes were going to go up on the wealthiest of americans. it was going to have to be, you need to pay more because we have to get out of this spending issue we have and we have to get out of our debt issue. we have to pay off the credit card for two unpaid wa...

Frum said, the conservative entertainment establishment. i mean, the conservative media establishment. they lied to the donors. they lied to the base. they lied to everybody about how romney was ahead and things were looking good in the senate. the pollsters -- everybody lied. and so guys keep writing checks and nifind out the reason they went to minnesota and pennsylvania is all these people were saying romney was going to win ohio, they knew he was not going to win ohio. they knew all along. >> you know what i like? i like that the focus is not so much where it is -- and i'm curious to get y...

Some taxes on capital gains on dividends and small businesses are going up. you have got the spending issue. i think that will be a big brawl. i'm not so sure that will get settled anytime soon. jenna: quick final question. >> yeah. jenna: 2 dal billion spent on the election and we got pretty much exactly the same result. >> amazing. >> does that mean politics is a bad investment? >> i know a lot of conservatives saying that, there were major, super pacs spent hundreds of millions of dollars, you have to wonder what did we get in return for that? what was the total, like five or six billion sp...

That -- they wanted an untapped, raise the limit. well, the tea party changed everything. >> and it all comes down to the spending issue, right, which was republicans forced the president's hand on spending so politifax argues -- >> republicans. >> and even some democrats got on board with the tea party trying to limit some of the spending coming out of the obama administration. it is correct under president obama, spending has dropped to the lowest point in nearly 60 years and you can credit republicans in part, maybe some members of the tea party for getting it down to the point where it can...