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There is what's called a personal use prohibition, which means he can't use any of those funds for expenses that he would have had had he never run for elected office. he can't use them to buy a house or buy somebody else a house, et cetera. what he could do is transfer the money to the republican party. he could give it to charity. he could also keep it if he thinks he might have a political comeback down the road keep it exactly where it is and use it for a future run. it's also possible he could use the funds for any legal fees it may incur during this probe. they do have specific rules wha...

Actually like what this guy's doing. >> your reaction? do you think he's still in a kamikaze mission? >> well, i think making the defunding of obama care as the reason to not lift the debt ceiling and continue government was the wrong approach. i think we need to do a lot here. i voted against it. i was there on christmas eve voting against it. every republican did. but i think when we're talking about the debt ceiling we've got to put in the actual spending and reform of our spending practices. that's what i meant, that you've got to go for something where we can agree you've got to do someth...

Over any reasonable limit of debt to gdp after the ten-year horizon. and you got to start dealing with it sooner rather than ator. >> and standard & poors today said the shutdown has cost the u.s. economy $24 billion which is a pretty startling number. you say that's insignificant when you look at the economy as a whole. >> well, it's a big number to most americans obviously. but we're a $17 trillion economy. a $17 trillion dli economy. what we need to do is to provide more certainty and stability with regard to our tax policies, with regard to our spending practices. we can make these changes...

Less than a year he has been hospitalized. let's get back to one of our top stories now. the new questions that are arising in the growing controversy surrounding the internal revenue service. agency officials grilled by congress over their excessive spending practices in the -- and the so-called swag bags given out at really lavish conference. >> were you thinking this will never be seen? or were you thinking how will this look? >> when we have episodes like this it has an impact on the average person. i live in a block where most people don't even make $50,000 a year. but yet still we can ...

As head of the u.s./africa command. defense secretary leon panetta's expected to decide his fate soon. >> reporter: government wide there's been a crackdown on lavish spending, and this time the focus is on four-star general william kip ward, head of the military's u.s./africa command. here's how he described the assignment months ago. >> the continent of africa is important to our security, to stability of the world. >> reporter: defense officials confirm an investigation into ward's spending practices has been going on for 17 months, and inspector general for the defense department has appar...