b1 let's say you are one of the millions that couldn't make it into work today and maybe you figured that you log onto the obamacare website. chances are that you're we time goes down. today we are just learning that things are going up. promoting low premiums for scores of americans, but there is a catch, and it's a big one. it comes at a cost of much higher deductibles.

this is according to the kaiser family foundation. still, the obama administration argues that the high upfront costs do not factor in the tax subsidies for individuals making less than around $29,000 in a family of three making less than $49,000. the trouble is status only 30% qualify for subsidies and not a lot of them and this is the latest surprise in this not exactly unscripted health care law. millions of americans have already discovered that they can't keep their doctor, they can keep the hospital either. and millions more that say they can't keep their health care plan. my next guest says the problems

will keep coming as more americans want to help your website into a little bit of discovery and what they want they can have and they have to have. and it might come in the form of this and dick cheney is talking about the medical device tax. which a 2.3% surcharge on devices from the baby lay readers to pacemakers. and it could be a real killer for those who find themselves unable to pay for it mr. vice president, it's good to have you. >> thank you for being here if

you are >> there are a lot of things in obamacare that i think would put the treatments at risk in the medical device task, for example, the procedures, devices, they didn't even exist in 1978. they've all been developed in the last four years and that led to the development of this, all of those things were been crucial in the last thing we need to do is impose its brand-new tax on medical

devices. >> what about big expenses and meaningful surgeries? >> it was all covered by medicare and blue cross blue shield. and they covered the most of my career and i became eligible for medicare. so i had this as a backup. but a lot of doctors and institutions and people that can't pay an insurance that will cover, it'll be a big difference and they end up using the pool of doctors and hospitals and practices that are going to be able to afford the care for those who need it so that might

or might not be the case. so what is going on there? >> i don't know. bill and i have talked on occasion or two on the telephone about the mutual mess of this. he has been a patient of this as well. but obviously i have not been in touch with him and i don't know what the plans are. i didn't realize until reading the book on touch and go allies. i heard back in 2000 you had written a pre-resignation letter if you ever became incapacitated, you know, just take me out. [laughter] so what was the reaction? >> nobody knew except the president and myself and it only came out later after i had written the book. the idea was basically dead there is enough involved with

this. >> the 26th amendment covers this, and they have had to step aside and he takes over. but there's no similar procedure. so you can have a president with a stroke worry about heart attack, unable to function, still able to take over if something did happen to the president and unable to exercise the 25th amendment if necessary. so in order to guard against that eventuality, i signed a resignation letter, effective march 28 and it was dated march march 28, 2001 and i gave it to him, it was addressed to the secretary of state and gave it to my assistant and told him that if i had a stroke or some such thing like that, whether or not he wanted to vacate the

office. >> what did he say? >> i told him about it. and he thought it was a good idea. neil: thise been part of this decision as well? >> well, no, they couldn't make the decision. the letter was an addict and control. >> when a president or vice preeident resigns, it goes to the secretary of state. >> knowing your health background and everything else, you're part of this committee. and obviously all of these issues notwithstanding, you are still his god.

>> originally he had asked asked me and i said no, i wasn't interested. i liked what i was doing. and he came back to me and asked if i would help them find somebody and i was happy to do that. and that's something that i can do for him that would be over by the convention. and then we went through that whole process and there was a branch in a hot summer day in july and that makes a solution to the problem. and that is when it occurred to me that he never accepted this original metal and it sort of broke me into the process and frankly, i learned a lot in terms of how i thought about the job and what he was trying to achieve. >> he was inexperienced,. >> yes, he persuaded me that i was the right choice and i had to bend that myself.

and this includes the health issues and i debated it in the vice presidential debate, i had to check it out and it was the right way. >> my goodness. >> he took all of that on board and concluded that i was the guy anyway and it worked. >> you correspond much? >> i sent him a copy of my book. i have a note from him about a week ago. [laughter] >> of course, he had a near heart attack and so i sent him a copy of my book. >> it's a growing club as well. president bush flying on down for president obama to honor nelson mandela.

so how do you feel now? >> i have great respect and admiration for nelson mandela and what he did and he sacrificed this with what he achieved once he got out and at the time we were voting back in the 80s, he was still in prison and the question was whether or not we should embargo american firms and working and doing business. the reagan administration said no and he was one of the premier leaders in south africa and he urged us as well. and so the argument on the right inside it was the only way a man came to the defense wage was if he was working there. i wasn't a big fan. >> iran today is useful, but

unfortunately, we are starting to trade them away now. neil: when you say trade him away,. >> i'm not impressed. >> now, this is the precursor to something more substantive. you don't believe that? >> i have my doubts about that. the ratings have been down this road before, stretching out the negotiations and in the meantime, they are very busy working on improving their enrichment capabilities of a have a significantly expanded the number of centrifuges. >> so you think that they are getting closer? >> and they're getting very close. >> able to break out in a number of weeks, by taking an awful lot of uranium that has arta been enriched up to the 20% level. and it doesn't have to go much further to make it weapons grade. and it would be relatively simple as claimed by the

administration and its turning into an oxide, which is convertible by chemical needs very easily. so it's not going away. >> to one ends? >> i think eventually nuclear weapons. >> is kinder and gentler language. >> at the same time, we have all of this notion about a new leader and the ron is a moderate. i was talking to someone just a couple of days ago is. there have been a number of executions that have been taking place in the worry in which it occurred as its predecessor. >> did you know, mr. vice president, that miley cyrus was

made the top 10 finalists for one of these folks, and there are 10 of them, but on the list of potential person of the year, kathleen sebelius, edward snowden, bashar al-assad and do you have any insight? >> know, i'm speechless. i think of this as a tremendous honor. and one where we designate somebody. >> so you are not a fan? >> absolutely. >> you look at this media push to materialize a lot of these things and come up with a top 10 lists? from your earliest days, as a

chief of staff, on and on we go, what has changed? what you think of the environment now and the media in which you play? >> there is a temptation that i look back and we talk about the good old days. and once again i'm talking about this and i'm trying to avoid doing that. but i also remember that there was, there has been some hard times as well. i arrived in washington in 1968 and that was the year that bobby kennedy was killed and it wasn't exactly like this. it's different now. and the technology is something that we are still trying to sort out. >> is it too much? >> with all the business networks and all of the blogs. can you envision a young guy starting out back and?

and how would all the leaders that you work with us to the constant of this? >> i think pretty well. i personally think that the proliferation of the communication is part of the development. and it makes people all over the globe talk about this. i can call anywhere in the country and they have this and it's a phenomenal development, if you look at all of this that has been developed in technology and i can barely use my cell phone. but it is remarkable what it means for the country and we don't know what the long-range and practices. it has increased in cardiology and health care and a lot of other things. and putting it to good uses.

neil: a lot of his reflections of all of their internal struggles and democrats are having their struggles as well. we will have more coming up next. as a business owner, i'm constantly putting out fires. so i deserve a sml business credit card with amazing rewards. th the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, ndy. [ male announcer get the spark business card from capit one. choose 2% cash back or double miles on every purchase, every d.

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♪ neil: continuing the former vice president of the united states. the book is out and it's a great read with what you think you might know. you probably do not. an american medical odyssey. you learn a couple of things about the man. everyone wants to prepare you as everything but darth vader. is that bug you? >> now. though it is not. >> obviously i'm always grateful to the donor and the donor's family. but at the outset, they don't encourage this exchange as you find out what this is. i think it is my new heart and

not to take anything away from the important situation in terms of how we think about it. neil: obviously you have remain vigilant on things like hair and things in things that matter to you and there is a great idea. the mainstream, and it is a mass at times. >> i think it's overdone. i think the democrats have their problems and they all voted for obamacare. on the republican side, we do have controversies on what is new in a number of things and so i think it's healthier to have it inside and outside. >> the republicans didn't do very well. >> the point is in my mind that the tea party people that i

know, and i know quite a few, they are basically fundamental patriotic americans and conservatives and a lot of them are republicans and have been and they are deeply concerned and they fear for the constitution and the country and what kind of nation we will leave our kids and it is of legitimate concern the on what you think of the message and ted cruz? >> i don't know him very well. he obviously speaks for a significant number of voters and he's controversial without question. >> john mccain that not too long though that's not the way to do it. >> that may be. i wasn't there. john and i used to have our differences as well. >> what about challenging them?

>> i'm a strong supporter and i do believe that we need a new generation of leaders and part of our problem is if we get into a position, all we are doing is it status quo. it's time for attracting folks to come to broaden the base of the party. >> the tea party? >> i think a lot of tea party supporters have to do with mainstream republicans. >> she walks her line. neil: but they really think that they don't have to do that. look at the national republican committee which is part of this incumbent protection agency and we are facing such a radical precedent. and so she seems to be part of that view of the incumbents like that. >> well, no more than jerry ford

was when he ran for congress in 1948. and i think that we almost did the same thing before and. >> and none of this worries you? >> no, it doesn't worry me. it's a sign of the dynamism inside the party and the fact that we have people who are mad and angry and want to do something about it, it is the vehicle in which that ought to be done and i think that is basically healthy and i think that we do not want to maintain the status quo and we should try to support the status quo instead of reaching out and broadening the base, and attracting new people. >> chris christie? >> i think chris christie is a promising figure although i don't agree with him on many things. but i figure there are a lot of governors out there like scott walker and wisconsin and others in chris christie in new jersey.

>> every time i mention the tea party. >> there are people who have strong feelings about it and it's taking place within the party and he has done a lot of work to earn the nomination just like anyone else. >> i don't know him well. i had lunch with him once. i watched him operate in i wasn't a fan when the hurricane hit. >> he was d thought was necessary. >> you think you'll regret it? >> i don't know that he had any other choice, frankly, in terms of doing what he was supposed to be doing. but just like all of us, we carry a we have done in the past and that's part of our legacy. and you have to be able to

explain it and support it and get people to understand if you want them to support you in the future and he has that same task neil: what is your biggest regret? >> list doesn't have to explain me at all. she's her own candidate. and it's an asset and liability. and she is a mother of five by people. a lot of experience at the national level, and i think would be a much better senator for wyoming in the years ahead. in a hundred years we have never had anyone serve more than three terms except for the ones back in the 50s. and this includes women and minorities in folks who are doing this and i think the country would be better for it.

neil: as a father does it trouble you that she and her other daughter have this fight going? >> no, there have been differences before. all of them have worked out. and i would prefer that it is done inside the family. neil: okay, a little off the wall. but the jeff bezos of amazon. saying they might be utilized. what do you think of that? >> well, i thought it was an interesting notion. and we do pretty well. we have good roads. and i was struck by the idea. i don't know what you do at the really heavy stuff or how that

works. but i don't expect it to happen tomorrow. we had a big investment in the delivery systems that we had out there now. >> we are using them more and more and i noticed that watching the parade and wyoming and i can look up over the main street of jackson and there was a small drone and local law enforcement, basically, keeping in on the crowds and so forth. neil: you know what this has raised? >> in this particular case i didn't see anything inappropriate. >> would he think of edward snowden? two i think he's a traitor. >> so if he ever made it back to the united states a maxima i would like to see him tried for treason. >> what people say he's a hero?

>> he is not. actually not. it is devastating what he has done and what he has revealed. our intelligence capabilities are a crucial part of keeping the state and he has done us and destroy this capability. >> were you aware to which the nsa was collecting the e-mail records? >> from what i saw we had some first-rate professionals undertaking those programs carefully and we have worked hard to get the opinion on how far we can go and i think those were all good programs and superbly handed by professionals in new york.

neil: let's say about the whole spying and nsa issues. >> the problem is that he's not credible and what we need and we have the unfortunate juxtaposition is that the irs is a real scandal and the nsa is doing the nation's business and historically as far as i know, and i haven't been involved since i left the white house, but doing a superb job and it was a very sound program that was carefully monitored and it's unfortunate that the only person that we have defended is a president that no one trusts. he didn't know about the irs. he didn't know about the nazi. i find it hard to believe. >> which is worse. that he didn't know? to well, i think the latter.

and i think that -- i don't how know how many times you can say i don't know about that and the president of the united states, i think those are things that maybe if you didn't know about, he has an incompetent staff or he's giving instructions that he doesn't want to talk about. >> well, i'm not running for anything. >> okay, we have a lot more coming up. including a renegade republican who is was trying to send us a message in new york. [ female announcer ] what if the next big thing, isn't a thing at all?

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neil: one of the most crucial states in the country of new york, i'm talking about the early tea party sensation. carl, it is good to have you with us. -ou have been rattling the cages again, trying to intimate that you just might run and would it be on the conservative line? how would you describe it? >> that the republicans can't come up with a candidate who vets himself for the entire

upstate and it's acceptable to them, but to everybody in the state, the people who feel right now that they can't relate to their party because what the legislature has been doing is buying into everything that andrew cuomo tells them to do. people want change and they want something different. in the way they are going to get it is if we get a strong candidate. and this is the majority leader of the senate and he is the minority leader of the republican caucus in the assembly. >> so only the traditional republicans keep this, they go back and say, well, crawled and fire them up on all some lenders.

>> right. in today's world, just as dick cheney was saying. >> he was kind of concerned as well. could we get a sense of that amax. >> this is why it the early stages of masses change looks like. >> we have everything to go down by now. >> we like that is out there? >> i like ted cruz and i like christopher scott walker. >> i think that he plays for himself and i think that he is very much about chris christie and i think that he is part of

it. >> i'm not quite sure. when it comes down to hard leadership positions, then you can make the right decision. >> you are a big believer in web business grow, we've made millions and stay out of my way and this and that. and i have 525 employees and this is a nightmare for us. it is a nightmare. and in the best interest of my company, it would be to pay the penalty and let them to go out there and buy their policies and suffer the increased costs. i don't know how we will be able to protect them and i just don't know how i can protect my people. and they rely on me, i'm a leader, i'm their leader. and right now we have some heavy concern. because the number of people spouses were covered now have to come over our policy and they have to talk about these serious disability problems.

neil: it sounds to me like you are definitely running. >> this is if a good candidate doesn't pop up. and i'm more about the philosophy of the party and coming out with a party that is responsive to the people. he went out there and he made his own mistake and he never should've done that. people are upset. he made a big mistake in upstate new york economically. >> i think he's very vulnerable. neil: okay, it it's good to see you. coming up next, money going in and out. which is why the independent is a perfect show to follow in

prime time. and at the end of the show i will show you a special preview. but first, a laundry list of things to do and excuse me if i say, what is so awful about this? look at the spending that is under control. your cash is next. [ male announcer ] here's a question for you:

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neil: it could be a big deal. the congress is ready for its first budget agreement. word is that the only historic thing about it, but why is that such a bad thing? democrats are pushing to extend unemployment benefits and it doesn't appear to be taking much heat. and again, a hike in the national gas tax as well. again, not happening. but my next guest says that that is okay by him. and so, you like the fact that they are not doing all of these things. is that right? >> yes, if they try to bite off more than they can chew, the american people get kind of jumpy. but the reality is what small business owners need, they need

stability and right now it's not the worst thing in the world. because think about every time they make a decision, usually they are trying to make this grand bargain and this enormous decision and it's not going to work. >> the big thing that is going on is nothing. and i think that the republicans learned a lesson and they want to talk about obamacare because it works. >> but maybe they are so sick and tired of this big government, that it was right and the republicans views. >> many people say that running campaigns come they want to see sensible solutions and both sides give something in what they don't want to see is hate and discontent. >> this was based on a slow-moving ship.

the american people don't want that very quickly. look at obamacare and it passed very quickly. obama became president, the democrats got to control both houses, it was changed overnight. i am a small business owner. what a disaster it has been, every single one of my plans have changed and all of my deductibles have on other things are not good. >> i don't see that at all. >> hoping that things stabilize. it all works out. and don't you think there will be a pendulum swing against big government initiatives in that sort of thing? >> we get to vote.

when people are tired of getting sick and tired, they get to vote their feelings. and they will raise that. >> i think that a well and the big question is that there are people who are being helped by this law as well and it's going to be the most vocal and who gets the message out there. >> i think that the congress needs to take the hippocratic oath like doctors do. do no harm. >> thank you guys very much. and so it is cold outside. what the heck as a business ner, i'm constantly putting out fires.

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neil: time for your blades. there's a lot of retailers and not all, but the ones who can help separate the flakes. looks good who looks good in this environment right now to you? >> well, nobody really does.

we already had fewer shopping days and with the cold weather that kept people in, our economy will spend less on the christmas holiday season. >> if we get weather like we saw in the northeast, and it lasts for another week or two, and overall you look at tiffany's and others and they are winning the day right now and you buy what you want. >> yes, that's what i was thinking about.

and wal-mart is the big one as well. without benefit? >> yes, i think that it will be held a little bit and when it comes to pulling this, we are told that the fed is in no rush and this is a painting of a ridiculous amount. any take away of that could affect long-term rates, especially it will affect mortgages and i think that they are smart enough to know what

happens if they go south on us. >> well, we know where she's been, part of the federal reserve. but as chairman, where she going to go at this? unemployment sitting around its .5%, economic economic growth. without stayed the same? we just don't know. but i will say that they have created the europeanization of the american economy and that's what's happening. the poor are just bailing out of the market in having government take care of them. >> it's not unknown. i think she's gging to make ben bernanke like paul volcker and i think if the economy heads south, you will see more than 85 billion a month being printed and i think that's what she's about and i'm calling it going forward. >> all right.

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the tweets come in fast imperious. what do our of followers say ? and he defines the true embodiment of a patriot and also i think he is the smartest guy in the room regardless of who else is in the room even do. also with the mainstream media he and president bush will be appreciated history much to the chagrin of some liberal media. he still receives up bad rap. here on fox business we try to present both sides of the story i'd like eveready else who just shows one way it is part of fair and balanced am looking at the world not just the way everybody else sees it but the way it really is. that is fair and balanced the essence of no bias noble and a new show kicking off

right now called a "the independents" edge tunes for you to step back to see the world through the libertarian perspective but there is a lot of sides to that perspective. the way you want to it, the way you need it. now. >> a handful majority of americans identify themselves as independents regardless of the two-party system is all that back fighting in washington making use stick to your -- six your stomach? tolerance, the freedom to raise your kids and run your business the way you see fit should not be a luxury but every day in america. a new show that will call both parties out so we can get government the hell out of the ways you can live your life. this is a "the independents" kennedy: