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Taxes over the next 10 years and democrats bouncing on that as a boon to the rest. >>guest: democrats have the same old standard lame line about a boon to the rich because they don't want a robust economy. paul ryan has made a great first step with what he laid out today. what i like he says it is a cows, -- cause, not a budget. it is a cause to get the tack brackets down to 10 percent and 25 percent, that is a great start. this is the part that the obama administration simply will not acknowledge. you have get to cut-rates rather than raise rates if you want the economy to grow faster and you...

White house are now seriously imagining a scenario in which through the president's veto, he ends up then being politically responsible, in effect, for having all tack brackets increased? >> i think to say they seriously imagine it and say they will stick to it are two different things. but i do think you have to look at it from this perspective too. let's say you work for barack obama, and you say to yourself, there's no way with the baby boomers retiring, with health care costs being what they are, with the need to have a strong domestic research and education system, that we could have the ...

Problem. he simply said, when this happened two years ago, or a year ago, actually, in a different political context, we came out okay. but the reason was, the white house was very interested back then in stimulus and they felt they could get quite a lot of it by bargaining out the bush tax cutts. they did get quite a lot of it and extended them for two years. now barack obama will have either won re-election or have lost it, and there will be less of a need for stimulus. we are not in the same position we were at the very end of 2010. not to say we don't need any of it, but to say that the si...