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For the wealthiest americans. and gerri is with us with her two cents, anchoring the "willis report", and the president called for a spending freeze and an increase in spending. at the same time. explain this. >> confounding. the ten year plan calls for spending in each of the 10 years of that plan, more than the government is taking in. that should give you a clue how this will work. here is what the president wants to spend: $53 billion for high-speed rail and $16 billion for a national wireless network to help folks in rural community to get access and infrastructure banking costing $50 bil...

Income is $1,800 a year. >> not big. it shows up in many ways, the economic problems. thank you. you can learn more of egypt's economic impact and all the day's hot stories on the "willis report" today and every day, weekdays, at 5:00 p.m. eastern on the fox business network, the fastest growing business news on television. if you don't get it -- demand it. the f.b.i.'s joint terrorism task force briefing wall street banks on a terror plot. we should know officials say there is no specific threat. no specific threat. but al qaeda in the arabian peninsula warned of attacks against financial ins...

There. i guess queens is there, too, but nassau is the rich county, and auditors say the county could face a budget gap this career of over $170 million! and gerri has her two cents from the "willis report". it wasn't that along ago nassau county, they give back a bunch of tax money and they got way into the hole and they took $100 million, a bailout from the state of new york and they have done the same thing again and new york is not in a bailout mood. >> they collect $1.8 billion in property and sales taxes and they cannot make the budget. that is amazing. what is going on there, the county...

The road, though, all of these municipalities have to make this up by getting money from the people, you call it whatever you want, a tax, a surcharge, whatever, they will give more money to the municipalities so in many cases, probably not in nassau, but they will have less money to spend and that has a ripple effect. >>guest: this is a slow train moving is what you will see. they will get more money, and how is the great question. a lost them look for safe bailouts. and the money for that? taxpayer dollars. >>shepard: we are out of the bailout business, i will see. but it seems like. all the...

And if you are not familiar with congressman ryan that is about to change. the 40-year-old is a leading advocate of conservative government spending. and republican leaders clearly see the congressman as a rising star in the party so we continue coverage with gerri willis. she is the anchor of "the "willis report"." what do we expect the congressman ryan to say? we ought to point out the elephant in the room is the voice of the opposition after the state of the union, there the republican or the democrat, is the voice of the opposition, rarely does well in the last few careers. >>guest: absolu...