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Next fiscal year. the price tag expected to be 6 trillion. the highest sustained federal spending since world war ii and dramatically transform the fabric of america. administration looking to pay for it with tax hikes. it would run a deficit of 1.8 trillion dollars. >> dana: that's a lot of money. >> bill: a billion used to be a lot of money. no more. >> dana: we need to note something about the timing of this announcement. you could announce a budget any time. they chose friday before memorial day weekend to announce a big budget. to me that's when you dump bad news. i think the 1.8 trillion...

That. >> when you do a first read of it there are things worthy of debate especially when you get to the funding mechanisms but the plan that elizabeth warren laid out is a visionary document, a fundamental reimagining of american healthcare and the dream big fight hard structural change candidate this fits in line with her brand as a candidate. when you look at the status quo of 500,000 people going bankrupt every year due to medical care millions of people uninsured have no coverage at all. she is saying we can fundamentally insurance cover every american regardless of race, gender, income l...

The rnc's platform, not romney's platform. these a big disconnect between what romney espouses and what his party espouses. the platform has been consistent over several cycles. they often call for these human life amendments. it's only because of todd akin that people are now paying attention to the extremism of the gop on abortion. >> let me ask you, congresswoman, we've got a new poll from gallup, maybe it conforms to your thinking there should be exceptions for rape and incest. 67% of your party in the gallup poll, which is a respected poll, say they'd like to see an exception for those tw...

But the platform is a visionary document. it is there supporting the culture of life and then the issue recognizing federalism, send it back to the states and the states will make their decisions. >> so the platform is silent on the issue of abortions for people who are victims of rape or incest? >> it is silent on the exceptions because that is an issue handled by the states. >> okay. might i ask why the platform or the plank would be silent about this issue? especially the more conservative members of your party, for example, todd akin who cosponsored legislation with your party's vp nominee...