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Seem to demonstrate why the united states is now ranked 25th in the world for mathematics. they both produced economic plans but neither appears to stand up to scrutiny. and this is particularly painful for paul ryan, who has described him as a policy wonk, a numbers guy, and a man who is always prepared to do the math. we're joined now by jared bernstein, former chief economic adviser to vice president joe biden and a man who eats numbers for breakfast. jared, we mention mr. ryan's problems with the math, so please take a listen. >> you're the master of the budget, so briefly lets go through ...

The way democrats want to and get the money you need run the government at the level it needs to be run. >> greta: if there is no change in the tax code what is going to happen? >> we go bankrupt. you can't spend the kind of money this administration and speaker pelosi and the folks in charge now are spending without fundamental reforms of both tax revenue and spending. >> greta: what do they say when you tell them that? >> i'm not sure what they believe. they keep spending this money and say they aren't interested in spending more but they keep spending. two plus two doesn't equal four here n...

Way the democrats want to do so and get the money you need to run the government at the level it needs to be run. >> so if there is no change in the tax code, what's going to happen? >> we go bankrupt! you can't spend the kind of money that this administration and speaker peuloseet and folks in charge right now are spending, without fundamental reforms ever both tax rev new and spending. >> >> greta: what do they say when you tell them that? >> i am not sure what they believe because they keep spending this money and in fact, they say they are not interested in spending more money, but they ke...