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That she has done this. also say i can certainly understand her concern if this was a part of our calculation with the letter that senators grassley and graham wrote urging an investigation of christopher steele. i think that's a terrible thing to do. and just part of an effort to go after christopher steele and go after fusion gps, go after the fbi, go after the doj. look at anything except what russia did in our election. tremendous disservice i think to christopher steele who really did a patriotic duty in alerting the fbi that a presidential campaign may be compromised by the russians. >> ...

You are right to point out that the republicans in congress have made a real issue of fusion gps and the ways in which that may have been the source for the fbi's work launching that investigation. what simpson is saying is that the fbi was doing this work but perhaps it was not taken seriously as steele is saying. >> thank you so much. >> thanks. next, trump versus oprah. we'll tell you what the president said about the potential 2020 rival and what the people closest to oprah are saying about her ambitions. former arizona sheriff joe arpaio is throwing his hat into the senate race hoping...

Congress more than they are blaming him, and the white house knows this everyone is going to be blamed eventually and the mud is going to spatter on both sides. >> that's true. >> josh, we have another crisis around the bend. the sequester is going to happen tomorrow and then march 27th we have to figure out how to fund the government. when is the time? we keep asking this for a grand bargain. if it's not the fiscal cliff, if it's not the debt ceiling, sequester tomorrow, government running out of funding, when does that moment come if it ever does? >> what simpson and bowles has done is come ...

Saudi arabia, iran, venezuela. two-thirds of the government revenue from that would go to debt reduction and the opaying off the debt. one-third would go for infrastructure which would give you the act to have an infrastructure program that would actually get us back on track. and you look at places like the highways you're describing, the bridges, if you don't have some systematic investment program then you're not going to be able, i think, to compete with china and india. >> governor huntsman, where's the money going to come from? >> we've got to earn our way forward. there's no question ab...

We have to rein in the scale of the federal government. so we do need to have our employer tax rates brought down to be competitive with other nations. that's about 25%. we also have to make sure we give relief to people who need it most. the people that have been hurt in the obama economy are the people in the middle class. and so i've put in place the significant savings incentive. tax reduction. i eliminate any tax on savings for middle income americans. no tax on interest, dividends or capital gains, but i look long term to do what jon indicated. take bowles/simpson and reduce the rates in...