cutting entitlements for the needy, raising taxes on the rich. washington is hot about this. how about the governors. governor daniels is here. democratic member of the deficit super committee congressman van hollen is here. first senior correspondent dennis kneale. nice to see you. what is his plan? >> it is a three trillion dollar plan. it looks good. he said three dollars in spending cut for every one dollar in revenue. maybe a dollar for a dollar. this shows that he does not -- it is not good economic policy for a couple of reasons. i don't think he gets what the people of america are feeling. 14 million unemployment employed now. >> greta: that's not the under employed and give ups. that's 25 million. >> what they most is -- what they want most is a job.

i got a tax on millionaires. now we are going to tax them does that make you feel better? no, it doesn't give me a . he's out of sync. 1.6 trillion in new taxes. the spending cuts for real? 1.1 trillion of that is based on we are not going to be fighting the wars. they weren't going to last forever. lower interest that is not a spending cut that's a lower expense. >> greta: here's what bothers me when i hear we are going to draw down the troops to 3,000 then add 8,000 contractors. who pays for the considerers? >> it is a false savings. tax hikes are real. raise rates on 200,000 earnings, eliminate deductions, double tax. oil, private jets, wall street

he keeps saying we ought to pay our fair share. he won't say what's fair. the top 1% pay 40% of all federal income tax they get only 19% of the income. they pay 28% of all federal taxes of all kinds. how much do you want, sir? how much is enough? this is clearly class warfare. when you then bring in warren buffet who is worth 50 billion dollars. and use him to justify raising the tax on millionaires. a guy who earns a million dollars a year would have to work for 50,000 years to get the wealth that warren buffet has. i don't want warren buffet deciding that millionaire has to pay higher taxes. it is not his business. worse, he's a hypocrite. he wants the government to collect more tax. why when he dies he will take his entire foundation fortune which would provide billions to the government instead, he's going give it to bill gates' foundation so the

government doesn't touch a penny of it. how is it that his company, pays very low in taxes? he's allowed, he should do that. we should hold on to as much of our money as we can. we'll make the economy better not worse. this plan is going in the wrong direction in every way, i fear. >> greta: how do you really feel about it? i'm joking with you. in one minute, what would you do? >> this is a spendingroblem. george bush added 1. billion, per day to our national debt. obama is adding 4.1 billion per day. before obama, 20% spending federal now it is 26%. you have to cut spending. >> greta: who? >> you have to get rid of all tax increase plans and stop talking about it. when you tell businesses we are going to raise taxes in 2013, you just told me i have to start girding for it now and i'm changing my behavior

now. it is a terrible idea greta. >> greta: dennis, nice to see you. >> great to see you. thank you for not letting -- >> greta: governor daniels has a new book. nice to see you. i'm listening to the president's program today. will it help indiana? i realize you have a huge surplus. you have an unemployment rate around 8.7%, does this help >> no, the help we want as dennis just said an economy that starts growing and provides jobs and opportunity and hope once again for our people. tally, that would be helpful in -- incidentally that would be helpful in paying down the debt. in fact, it is getting a little old. did the president forget he just raised medicare taxes last year they are coming in a year from now on the same people. h xá never seems to understand

that these folks he wants to keep laying more and more burden on predominantly are small businesses the enterprises that have always generated the net new jobs in america. it will not generate the revenue he's talking about. and it is counterproductive in terms of the growth that alone can get us out of this fix. >> greta: i'm all curious, when you took office you had a 700 million dollar deficiency. now you have a billion dollar surplus that's a big jump in five years. i'm a little curious. i realize the states problems are different than on a national level. is there anything in particular that on the state level, that could effectively be transfered on a national level that would make a difference as fast as you can because we are desperate. we need the fastest ideas is what i mean. >> i'm with dennis. this is a spending problem.

the nation cannot afford the expense of government we have today. let alone the biggest problem or the unfunded and unfundable commitments that are out in the future. >> greta: like what? >> social security and medicare. >> greta: we can't just let people -- we can't hold them up. what do we do? >> you say to the people on the programs today, nothing will change. for you, for the people now in retirement or soon to be. nothing will change. a deal is a deal. you have counted on these programs. will you help us create, for the future, starting in a few years, a social security and medicare system so younger generations, people paying for your retirement and health care in this pay as you go system, can have some protection too? the president keeps going on and on about these millionaires he dislikes so much. he ought to feel good there are fewer of them than there were when he became president. look at the statistics.

the -- he's looking if in direction greta, every as far

as i can tell, we all are in this mess together. and every american, regardless of philosophy, has a very common interest in a strongly growing private sector. and every national decision for the next several years, i believe ought to be tested against the question, will doing this make private investment and growth and therefore jobs, more or less likely? unfortunately, this administration seems to make every call in the opposite direction. >> greta: there's never a discussion -- at least i don't hear it, the urban areas where they have enormous unemployment rates hovering around 25%. people -- maybe education, jobs, what do we do about those urban communities that taking a beating that don't have much of avis -- of a voice? >> we don't continue to pour more money into programs that have encouraged dependency. and limited the incentive for people to take better care of themselves.

i don't think there is a separate economic policy for different parts of economic. i think we need a macro economic policy. >> greta: how do we inspire them? is there an inspiration issue in those communities? >> i can only speak for our stay. i don't think there's any shortage -- for people to do better for themselves and their families. urban in indiana going back school or back for training. the desire to work is still there. this book i wrote i stay optimistic about the character of americans and their ability to make wise decisions for themselves and come together to make the kind of decisions we were just talking about. a pro growth tax policy, all-out energy production policy to pay americans for the energy that we need. a regulatory cease-fire. not to, i would stop the new

regulations in their tracks. and provide some of the certainty that dennis talked about. so that the businesses of our state and i talk to them all the time, are generating, some of them are making some money and paying their current workers more. but they are far too reluctant right now to hire anybody new because they think that more taxes and more regulation are coming. >> greta: you have a horse in the race for 2012 yet? >> i don't presently. >> greta: leaning towards one? >> going to support the nominee of our party. i hope a nominee will step boldly on these subjects. level with americans about the changes that we ought to make. about the way in which we are in ts together. the thing i thought was most unfortunate about the presidents presentation it was intentionally divisive.

purposely divisive when we ought say to americans, sure we have differences but we've got one or two absolutely common threats and common problems to solve, the debt and need for a pro-growth economy. let's come together on that. i'm hoping we will have a nominee who summons the best -- assumes the best about americans and summons the best from them. >> greta: governor thank you. the governor is back tomorrow night about something else. you have to guess what it is. or be here tomorrow night 10 p.m. on the record to find it. >> 12 member of congress, six republicans and six democrats have been assigned to the super committee to figure out where to cut and where to find revenue. hard to make friends when you are trying to cut and raise revenue. we spoke with one of is members congressman chris van hollen from the great state of maryland. i assume you her the president's speech in morning. >> i did. >> greta: one of the things that he spoke about. i've spoken to a lot of

wealthy democrats who are not happy with the reference that he made today about millionaires and billionaires having to pay their fair share. are rich democrats currently paying their fair share or not? >> issue was making sure that very wealthy people, people making over a million dollars a year pay essentially the same effective rate as most of the people who work for them. >> greta: that's in the question. with all due respect because it is not new today. we'll get to the buffet issue. i'm talking about are wealthy democrats have they been paying their fair share for the last two, three, four years? >> people who have been getting special tax preferences are not. they are not paying -- sharing the responsibility and trying to address the challenges that our country faces. what the president was doing was laying out a long term deficit reduction plan. says over a period of time we have to reform our tax code in a way that eliminates preferences.

that benefit certain special interests and have disproportionately benefited very wealthy people. >> greta: what do you think would be a fair share percentage of earned income that the wealthy should pay? >> well, if you go back to the 1986 reagan tax reform proposal, they had the same rate applying to income on capital gains and dividends and earned income. the last time we had a big tax reform proposal under president reagan that was the result. equal tax rate applied to folks who earn most of their income through investments in the stock market and people who earn their income by working for wages. if that was a good enough tax reform plan for ronald reagan, i don't know why it is not a good enough approach for republicans today. >> greta: if i understand you correctly the issue with buffet is he doesn't earn his like a salary, but he gets it because he's been a successful man and he gets capital gains

from his, that's why he's in a lower tax bracket he doesn't have an earned income? >> warren buffet said it himself. he gets most of his income through cap fall gains and dividends through investments. in our current system that is taxed 15%, a much lower rate than a middle income taxpayer would pay someone at the 28% tax bracket now. the point buffet is making is that it is not really fair to tax income that is earned through dividends and capital gains at such a lower rate than wage income earned by people who are requesting to work everyday and earning their living through the sweat of their brow. there's nothing wrong with earning your money obviously through capital gains and dividends. the question he properly raised was why should people benefit from such a lower tax rate on that income, compared to income earned from people making wage income?

>> greta: i think some of the gripe with some of the wealthy that i've spoken to, by the reference of fair share it suggested they've been cheating when they've been paying everything that has been asked of them that's a little bit of a rub to create, i hate to use class warfare, the reference not paying their fair share is one of the issues for them. >> that's ridiculous. no one is accusing people of not meeting their legal obligations. the point is the tax code as it is currently written provides a much lower tax rate for people who earn their income through investments. capital gains and dividends. than it does for many who earn their income by going to work everyday and earning a wage. what warren buffet was inting out is that his effective tax rate is in fact lower than the effective tax rate of the people who work for him. including his secretary. it is not that -- warren buffet is complying with the law. the point he's making is we

should change the law to make it more fair and to have shared responsibility. >> greta: now, everyone in this country is worried about jobs, if you are unemployed you are really worried. i'm curious, how you grade the february '09 stimulus bill for job creation? in many way was the president has proposed somewhat parallels that one. what grade do you give the february '09 stimulus as it impacts jobs. >> all you have to do is look at grades given it by nonpartisan groups like the congressional budget office. they just gave the facts -- [ talking over each other ] >> greta: i want your grade. i'm trying to evaluate how good it is in your mind. did it achieve that which you wanted? >> yeah, the recovery bill prevented the economy from getting a lot worse, a lot faster. it prevented millions of americans from losing their jobs.

are we happy with the current situation and the status quo? of course not this is kind of like running down an escalator -- running up an escalator that is moving down quickly many if you hadn't done the recovery bill you would be much farther down. even with the recovery bill sometimes you feel like you are running in place because the economy was on a huge downhill sly. 700,000 americans were losing their jobs every month -- before the president was sworn in. he inherited an economy that was falling through the ceiling. the recovery bill helped stabilize people it helped put people back to work. we now have very, very slow economic growth. >> greta: see the entire interview at gretawire.com. scan your phone at the code on your screen and you will be at the blog immediately. >> straight ahead, if you read greta tail wire you know i took tucker carlson to the --

woodshed about something on his website. he's here we'll see what happens. tucker carlson is next. >> event days away could rock the entire middle east. at this hour the obama administration is scrambling to avert big trouble. ambassador bolton is here. >> should rush limbaugh get a spot as an adviser? he has an idea for warren buffet. hear from rush limbaugh, straight ahead there's only one bottle left !

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>> greta: tucker carlson and i have been in an internet slugfest for the last 36 hours. it has not been fun. it started when i read a posting on his website friday night. it is plain we r5j,p]&y disagree. tucker joins us. good evening. >> evening greta. >> greta: three choices. you can read what was written on your website that i find disgusting and vile. i can read it or we can dispense of it. where do you want to start? >> i find it disgusting and vile . we wrote a news story about mike tyson's attack, verbal attack on sarah palin. mike tyson is a convicted rapist, he used sexually violent and threatening language to describe governor palin. our view was if he had said those words about any other

woman in publish life, about hillary clinton, if he said them about the first lady, madeleine albright they would be on the front page of the "new york times". because it was sarah palin he was attacking they were being ignored by news outlows that don't like sarah palin. i felt that was wrong. this happened. we ought to hold it up to public view and he ought to suffer the consequences for what he said. somehow you and i'm going to give you the benefit of the doubt and assume you didn't read the piece assumed we were making this attack on sarah palin which was the opsite. >> greta: first of all, i think you are lying tucker about something. you know i love you. when you wrote the story when it went out friday night it had none of that. i have the whole story here. people started raising holy hell because of what you wrote. the next morning you come up with this idea that you write this sort of editorial note that wasn't there the night before as i see it was cover. what was written here is not journalism it is glorifying --

let me finish, it glorifies violence on women. you had every opportunity -- >> your ad hominem attacks. >> greta: let's talk about the guy who wrote in, now putting pictures of me interviewing mike tyson on his twitter. you want to talk about ad hominem attacks? >> fact is, our story has not changed. i added an editor's note the following day because a couple of people on twitter misunderstood reading only the headline and not the story. >> greta: you make a good point, you say the headlines. >> believed we were somehow making these allegations or attacks against sarah palin. we were reporting them as we would. when al-qaeda says we are going to destroy america. we report it. we don't endorse i we hold it up for the public to denounce. >> greta: let me read your stuff that had no editorial comment. fed line, sarah palin met the womb shifter i'm talking about

the -- >> repulsive. >> greta: there is no place on friday night that you say it is repulsive. >> that is the point of the piece. >> greta: it is funny -- >> it is prima facie repulsive. you think we are endorsing this? >> greta: here's the problem. you are not a first defender with me am i gave you the benefit of the doubt six months earlier you wrote that film comment on your -- that mill mm >> i've known you for almost 20 years i have a wife and three daughters. i like women more than i like men if i could finish. second, these are the words of mike tyson a convicted rapist. you had mike tyson on your show in april of this year and you asked him nothing about his sexual assault. nothing about his attack against women. you asked him like how long have you been a vegan?

then you sent out a photograph of yourself smiling and laughing with mike tyson. >> greta: i did interview mike tyson about the rape case four years ago. >> if you are so offended by mike tyson -- [ talking over each other ] >> greta: tucker, i expect a convicted rapist to be that many if i go to prison that's the stuff i hear. >> why didn't you ask him a single hard question you let him talk about his pigeons. i quoted him so people could judge what an animal he is. >> greta: are you going to low -- to let me talk. glen rice, a basketball player is a nice mellow, docile man, nonthreatening guy. you consider that journalism? why did you put that up there? >> that is a question from mike tyson. if bin laden says i'm going to destroy israel we quote him. i agree it is repulsive. >> greta: it is a lie to say

you put an editorial comment. you waited 16 hours until you got caught with your pants down on it. >> i never changed the article. >> greta: why didn't you put the editorial comment at the beginning. >> people were not reading it. >> greta: i am reading it. which part of this horrible stuff don't i get? >> there are quotation marks. >> greta: i understand that tucker. tucker -- >> the same mike tyson you talked to about his pigeons. >> greta: i didn't talk about rearrangement -- >> you sucked up to mike tyson. >> greta: no i didn't. >> he's a convicted rapist. >> greta: you are a purveyor of smut. >> no, i'm quoted a convicted rapist. >> greta: explain the crab -- the stuff -- >> you know you can't defend. if you were mistaken, i get it. >> greta: i didn't put this

stuff on the internet. i didn't put in stuff on. >> as you know, we were not attacking sarah palin. we were holding this up so readers could understand the film coming out of tyson's mouth. not an experience they would have gotten from your show and the pigeon conversation. >> greta: i'm saying you are the worst purveyor of smut against women. read your own website. >> as long as we hide comments like this. >> greta: you didn't put that editorial note on until you got caught. that's just cover. tucker we are not that stupid. >> answer this question, if mike tyson said this about the first lady, hillary clinton, would you also say that we should pretend he didn't say it? that we should keep this news? >> greta: you know what tucker, you tried to hide it with that little editorial note 16 hours later. you tried to hide your motive. >> look, you didn't understand we were not attacking

sarah palin >> greta: i'm told we gotta go. come back tomorrow. >> read the piece greta. >> greta: coming up, mahmoud abbas in new york everyone is on edge because we know why he is here and what could happen. >> warren buffet has a problem, rush limbaugh has a solution. hear that, coming up. [ junior ] i played professional basketball for 12 years. today i own 165 wendy's restaurants. and i get my financing from ge capital. but i also get stuff that goes way beyond banking. we not only lend people money, we help them save it. [ junior ] ge engineers found ways to cut my energy use. [ cheryl ] more efficient lighting helps junior stay open later... [ junior ] and serve more customers. so you're not just getting financial capital... [ cheryl ] you're also getting human capital. not just money. knowledge. [ junior ] ge capital. they're not just bankers... we're builders.

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the most important weeks at the u.n. in our lifetimes. friday prime minister abbas officially asks for statehood at the u.n.. the u.s. an promising to vote know and if -- vote no and if necessary, veto it. john bolton joins us. ahead. let's assume there's a vote and the united states has to veto it. what happens appears next? >> that ends the prospect for a palestinian membership in the u.n.. procedural alternatives. the most likely thing they will do is seek to have the u.n. general assembly where we don't have a veto. either declare palestine to be a state or declare palestine no longer to be an observer organization at the u.n., but to be an observer state. both of those alternatives, in an effort to make believe that

palestine has become a state. >> greta: what happens in israel? now let's say we are at that situation and everyone in that region is now absolutely deeply distressed? >> if i were israel and/or the united states i wouldn't pay any attention to a general assembly resolution. the general assembly could vote this week to make disneyland a state. it wouldn't have any more impact outside of the hall for palestine or disneyland. the general assembly does not have authority to take these things. -- to make these decisions this is purely theatrical and people ought to treat it that way. >> greta: is it likely to escalate violence? palestinians, in a way the palestinian leadership i should say in a way are making a threat here that either you give us what we want or our people will go into the streets. my response is that is not a way to deal them is an effort

to create facts on the ground in the middle east by wandering the carters of the united nations. it is a fantasy effort. it ought to be treated that way. the united states could have stopped this a long time ago. i put a lot of blame here on the obama administration's incompetent diplomacy. >> greta: the obama administration is doing everything it can including secretary of state clinton to try to make sure this vote doesn't happen. >> no they are not. >> greta: what do you say they are not doing? >> i would do what we did in the first bush administration in 1989 when the plo did the same thing that the palestinians are trying to do now. i would tell the other 190 plus members of the united nations, if you vote for a declaration of palestinian statehood, the united states will defund the united nations, period, close quote. >> greta: that happens, what do you predict is the natural sequence of events to follow?

>> exactly what happened in 1989 when the plo tried get into the world health organization. it stopped their effort and it stopped it for 20 years after. i think it would work here. the obama administration made this point, six months, nine months, a year ago we wouldn't be here today. >> greta: prime minister netanyahu is coming to the united states as well what do you peck will be the way he will address -- you expect will be the way he will address this when he's here? >> i think the israelis would assume not to have a vote. they will work to see if they can prevent the plo from getting a majority in the security council which is nine votes under the u.n. charter, 9 out of 15. if the palestinians get less than nine votes then a u.s. no vote is not a veto because we are not blocking may >> . i think think what the -- i think what the europeans are trying to do and what the obama administration tried to do is get the israelis to make

concessions to get the plo to back off. i think that would be a big mistake. >> greta: the way i hear from you, you don't think it is momentous? >> only if you believe what happens in the general assembly affects the real world. i think we ought to -- >> greta: i don't -- i think the impact in israel when the palestinians come away without being a state and they are very angry and looking for reasons to fight. that's what my attention is on. >> look, if it takes failure at the united nations to get them to go into the streets, they need to find other work to do. this is purely political. even hamas, this may be the only time in my life i've agreed with hamas, in is an effort without any content to it. it is exactly right. >> greta: ambassador, thank you. >> thank you. >> greta: this might be one of the nation's biggest scandals after you hear what steve

brill says you may ask how do we let this happen and how do we sleep at night? minutes away. >> wicked, fighting words. what caused this guy who happens to be a billionaire to punch another billionaire on tv? that video is next.

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these are the reasons i quit smoking. [ male announcer ] ask your doctor about chantix. over 7 million people have gotten a prescription. learn how you can save money and get terms and conditions at chantix.com. >> greta: now to our new york newsroom. >> reporter: a 10th person has now died from injuries suffered in that crash at the reno air show friday. close to 70 people were injured. one person remains in critical. five others still listed as serious. the ntsb is expecting a camera and memory cards from the plane to yield significant information. preliminary report on the crash is expected friday. >> federal appeals court throwing out that 17 year prison sentence of convicted terror plotter jose padilla. saying it is not enough. he has arrested in 2002 on

suspicion of plotting to set off a dirty bomb and convicted of conspiracy to commit murder in 2007. the appeals court said the sentencing judge didn't factor in his criminal history or al-qaeda camp training. i'm ainsley earhardt. now back to on the record with greta. thanks for watching. >> greta: is there a fix that -- we spoke with steven brill founder of court tv who just released the book inside the fight to fix america's schools. nice to see you. >> same here. >> greta: where are we? >> we are in a schoolroom at a very successful charter school in harlem called harlem success. if we were allowed to walk about 50 feet that way, we would be on the other side of the bidding which is a public

school, a conventional public school this is like a science experiment. was when you remove the burdens of -- what happens when you remove the burdens of a union contract and bureaucracy. take the same kids in the same community. here they perform on tests and otherwise the way can is in scarsdale a well to do suburb of new york do. on the other side of the building they perform, unfortunately the way you would expect the stereotype of a harlem kid who comes from an impoverished home, maybe even a broken home would perform. this is a miracle, but not. the teachers here work until 5:00. they expect that their kids will succeed. they don't assume failure. and it works. >> greta: who pays for this? >> the taxpayers?t public school. the interesting thing, they -- the state and city pay less per student, for the students here than they pay on the other side of bidding.

because the teachers awe union forced a law in the albany legislature. this school while it spends less per student way out performs that side of the bidding. so it is not about money. >> greta: it is about the union contracts. >> the union contract, the teachers union considers in the united states have become such that you have 3.2 million k-12 teachers in this country the largest single occupies except for sales clerks. the only occupies where performance doesn't count. what counts how long you have been breathing. if the rest of the country knew about in, as they are starting to know in communities like this one, they would change that. that's the purpose of this book. >> greta: how can anyone support a school, let's take the other side of this building, when you company pair it to this side with such a failure rate compared to this? -- how could anyone be an advocate for leting that

breathe another day? >> it is the bigotry of low expectations that president bush first talked the rationale has been there isn't anything we can do for those kids. poverty such a terrible thing and discrimination and broken homes. all of which are huge obstacles to a kid succeeding. the fact is they are not obstacles that you have to give up on. with this building, if you would have been in this billing this morning what you would see, demonstrated that those kids don't have to fail. if you have the right teachers, with the right motivations, the right training the right tools and also the right expectations, the kids in this room can succeed and they are succeeding. >> greta: i understand the unions are fighting it, it is their future. what is president obama said about teachers's unions? >> to his credit, he didn't get the memo that most of the rest of the democratic party has gotten for 30 years the teachers unions are the base

of the support of the democratic party in primary elections in terms of money and everything else many the president sponsored race to the top which was a competitive grant program. he got a lot of democrats and union people angry. unfortunately, now that he's asked for a new round of stimulus, he basically just wants to dole out the money to school systems without asking them to did the reforms that his race to the top package asked them to do. so he's back sliding a bit. >> greta: how about teachers union leaders? >> i spent more time with randy wine garden -- randi weingarten. i like her, i think she sincere, smart. i think she struggling to make hurt that she doesn't become the equivalent of the next president of the united auto workers. in other words the considers don't get so good and don't stay so good for the narrow interests of the teachers that the competition from schools

and the political opposition overwhelms the union. >> greta: in terms of the book if you had one thing, if you could change one thing in terms of fixing this problem, what would it be? >> i would introduce, as a general matter a work ethic of performance into the most important profession in our country. as opposed to protection. which is what we have now. you are protected. you are in this job on that side of the building, you are in that job as long as you breathe. on this side of the building in this classroom, you are in this job as long as you are producing effective learning experience for the children. >> greta: straight ahead, watch out injuries shore, tv talk show giving a new meaning to fist pumping. >> warren buffet has been doling out advice. now rush limbaugh has advice for him. i couldn't concei this as a heart attack.

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growth here's the best of the rest. rush limbaugh attacking the name stake of president obama's buffet rule. warren buffet has been outspoken. now limbaugh is firing back. >> calling it the buffet tax.

warren would you pay your secretary a little more instead of us sitting here having to hear how she pays a higher rate. give her a raise. here's a guy running around talking how his secretary as a higher tax rate than he does, which actually true. give her a raise. for crying out loud. this poor woman is being made to sound like she can barely get through the day because the government is taking so much of what she earns. the buffet tax. i think they are mispronouncing it. it ought to be called the buffet tax not buffet since everybody and anybody who makes over $200,000 a year is now on the menu. [ speaking russian ] >> greta: okay fighting words brought to life on russian tv.

check out these billionaires attacking each other. the two were discussing the world financial crisis. one said he would rather fight than engage in name calling. the other man obliged. no one was hurt. did they get their point across? there you have the best of the rest. coming up, your last call. one more quick round before we turn down the lies. jay leno has a terrible pick for a new white house budget office. find out, next. there's only one bottle left ! i've got to tell susie ! the vending machine on elm is almost empty. i'm on it, boss. new pony sorry ! we are open for business. let's reroute greg to fresn growing businees use machine-to-machine technology from verizon wireless. susie ! the vending machine... already filled. cool be. because the business with the best technology rules.

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>> greta: time for last call. you know the u.s. is running up debt but jay leno found a guy living like that who has bills to prove it here is a bizarre story. seems zrern's television consumer trouble shooter. you know they have guys named

tino filed for chapter 7 after running out a $78 million debt on a salary of $2 million a year. wow. he ran up another $78 million. do you know where this guy could wind up? in the white house budget office. >> that is your last call. thanks for being with us tonight. we'll see you all tomorrow. make sure you go to greta wire and tell us what you thought about tonight's show. o'reilly factor is next. and we'll be live from washington, d.c. tomorrow night. go to greta wire.com. good night. in the wings. your turn, bill. o'reilly factor is on. tonight. >> last thing you want to do is raise taxes in the middle of recession. >> that was then. this is now. >> those who have done well,