spend that is going up as a cost we mentioned. we are looking at 500 billion in new taxs and tremendous loss of value and loss of coverage. 35 million people and forbes loss of jobs as well and the health care science and that is 50,000 people losing their jobs. reason and force. you deal with force. that is what obama care does. >> and gary, k. we have had on average spending on health care is 4 percent . that was during the recession. the new jump in 2014 and revisit what the law actually does. >> and look at it was a give me and this is going to cost mart and anybody belling it couldn't cost more. costs are going up and businesses when you tell them you are going to find -- fine

them a small amount to get them on health care. and this is a lie from the get on and a sham is a lot more than that. we are talking trillions and name a program that didn't cost trillions more . sad story. you are my economist. but it is like 2021 health care spending will be 1-fifth of the u.s. economy. do you agree with that. >> yeah, those are the projections and this report basically confirms what we have known all along. health care is increasing. but let's focus in on the affordable care act. what it over time it will not contribute more to health care spending than if we didn't have the law. but we'll be insuring 20 more

people and providing better coverage for everybody. if you insure more people and at the same costs. that is a no brainer. they'll go to the doctor and that's what it is. mab it is okay. my good friends christian's point. that is about 1-fifth of the act. you can't read it.

and congress didn't read it no one knows what is in it. health care is costing 22 percent of the budget and it is going to rise and talk to any be with a small business to someone hires on. their health care went up 15 percent and it goes up next year and every year and you got to stop it >> unintended consequences are large employers will drop coverage on low wage employees. that is not a good thing. it is not good that corporations are making the dition to say it is too expensive to take of the people. medicare and medicaid is not addressed. you will see enrollment of those 32 percent by 2014. and pile on the costs of things you can't afford. doctors are leaving the field. think of how obama care is

passed. doctors and insurance providers as nefarous evil and we can't have a free market. a doctor would take out your tonsils if you needed allergy medication . talking about costs. go look at the flow chart of how many more departments and how many more government people are needed to run this and talking about the i.r.s. coming in to oversea health care and people making sure they are in health care. and you are getting more government people running how you live. they are involved enough. it is blowing up the budget worse than it is. >>old on. >> by the way, it is the way those payments are set. they are not set by doctors but by burrcrats and you go down the chart. you have an experience payment

here and tonight, it may have cost 20 and they don't know. you have morons in the government setting the prices for the people burrcratically. and you know what it is going to cost with the medical profession. >> how is that different than the insurance companies setting the prices for products and services. it is the same thing. >> let's not make it more than it is. >> you ask me. and let me answer the question. >> it was a rhetorical question. >> no, it is differentbecause if you have health care and allow them to go across state line they will compet and that's what would happen. >> we have had since the bin beginning of time free market to make health care affordable. and it isn't happened. >> christian, are you speaking. go ahead, next question.

>> johnathon is having a fit. >> and the major, what is the difference the government or private health. that is a major. difference. obama care is forced. if i buy it is a choice. but obama is forcing health care and health care companies to give it to you and the governmentads wayne runs the whole ship. >> i have to go back to something we said earlier. what are we doing to the medical device industry we are killing it, right . so that costs is going to be passed on as well in-- unintended consequences will not be quantified at this point. >> major insurance company united health care said a lot of the provisions we will keep. it is too expensive to undo

what is happening in the law. the supreme court throw it out or even pieces of it. what does it mean for insurance companies? >> i think they will pick and choose what they think is good for them. there is talk about government being good and versus the private. since when has our government been efficient in anything? and when our government come in under budget? every time they do it they lost tons of money. we are talking about medicare and medicaid. trillions of losses in the future . and who is going to lose out? taxpayers. and all of the costs controls again. and now offering to pay off

student loans to get people to move there and they are not alone. will it pay off for taxpayers or leave them over the barrel. got a potty mouth? get ready to pay up . crack down on cursing another public good or cash strap much. ♪

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meet the new definition of durability: the john deere select series. with endless possibilities, what will you create? ♪ learn more about the new select series x310 with power steering at johndeere.com/x310. >> last night's tight rope act is not the only news coming from niagara falls this week. they are helping to pass student loans for young workers willing to move to the area. what do you make of it. >> well, why should you take taxpayer money. you know in the 1700 and 1800. we have on ghost towns in the united states. and we have had a big flourish

and now no longer who said they have to work. you know. niagara falls is 100 percent of the population down to 50 percent. they ought to change it to viag rafalls and bottle the water. maybe that will help. >> glad you said that. johnathon it is not just niagara falls, but in kansas. they need doctors and nurses and lawyers and trying to get them to move in the rural areas. >> you know, what about a circus? >> they would hire. >> but cheryl, it is cash for clunkers for a city. it is more intervention and evasion reality that maybe niagara falls or kansas is not eye huge productivity center anymore it is a short-term stimulus and take the money

from taxpayers, remember them? and giving it to favorit groups . the student debt to begin with. that was government intervention with the student loan bubble they created. >> christian, the towns spent $200,000 in niagara falls. wouldn't that be reasonable to spend to get economic activity. >> four bucks for taxpayer in niniagara falls. and that said. i don't think it is going to work. young people are attracted to city and towns that have economic development and jobs and community development and if niagara falls is not going to invest in those areas it is not going to work. it has to be part of a comprehensive rivittlization.

>> as a result they are agreeing with all. and the reason is, my guess is they will not pay off their student loans at some point. those kids made an investment and a bad one if they are carrying all of the debt. no one will pay you back if you take a loss, cheryl and that's what this is. no town is going to pay for the portfolio losses. >> and the thinking from the town level . i said this in the beginning

of the segment. bringing in more individuals would boost the economy. the thing is, is that going to hospital economy. >> cities try to attract businesss and incentatives and paying off on loans and individual basises. it will not help them get or bring in a few people. everybody has been saying niagara falls and other places that maybe have life. they have to change their structure and change what they are doing from top down and giving a few bucks to pay off loans is not going to do the trick. all of the government giving to this person and that person . paying off this and that the. that's not what government was made to do. it is tireless to watch.

wupts the intering vention. ethanoyl or cash for clunkers. that's why interventions in this economy . new york has the highest localitate and tax burdon on any individual and so maybe that is a good place to start if they want to attract new sources of productivity. >> johnathon i am shocked. >> where is it written that the town can't go broke? the city of alejo, california . city of stockton may go broke. maybe it is a wake-up call for the people who pass the dumb laws. that you have to take care of your own. >> wayne showing the love for our nation's politicians. thank you very much. >> coming up. fun fined for a foul mouth. >> what is your [bleep] problem. watch your mouth or the

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all kinds of vehicles, all kinds of savings. multi-policy discounts from progressive. call or click today. >> coming up. cash strapped governments fouling residents. and is there anything running asmock. and saving the american dripe.

>> governor mitt romney is going through pennsylvania on a six state tour to a state president obama won in 2008 and hoping to turn the spotlight back on the economy. and they announced that the government will stop. and house oversight chairman

darrell issa is is willing to postpone the incontent of congress vote if holder will turn over documents. and people have to reverify citizenship or lose registration status. we'll hear from attorney general pam bondy and alberto gonzalez. stay with us. residents in one long island town will have to shell out a thousand green backs if their green lawn is not cut. they are fining people 20 bucks for using profanity.

they are going crazy. >> i don't know what is these municipal lawmakers are making. they are broke . so instead of fixing the problem, they fine us for all of the things. this is not the way to do this by the way. and my money stays with me. i spend my properly. >> but wayne, people are not following the letter of the law. it is now fined. >> people make the law in their community. and pull great people together and they make decisions of how behavior should be. they are entitled to do that. they vote for that. that's what should be f. they don't like it. vote against it. you do certain things in the community. pudon't like it move against.

>> christian. >> 80 percent of the town voted to make it a fine. and if $20 is going to be the penalty for cursing. i think people are probably not going to curse. if a thousand is the result of letting your property get blighted. you will not do it. it is not about the cash, but enough of a financial disincentive to get people to do what they should be. >> what about mowing your lawn. you have to mow or you get fined. >> it is an infringement on the you had man rights and i strongly disagree with wane and christian. we don't live in a majority rule democracy. we live where individual rights, namely the right to speech more than any of them are protected by the constitution and 80 percent of

the folks don't like this word or arcticle or tv show or political idea. that is not congruent america ideas it is more like nazi germany or korea. >> and what about the kids? >> look first of all it is proposed by government and not the voters. the government doesn't give a hoot about whether your grass is too low or high. and doesn't care if you are cursing. they care about the bucks. that's why slot machines are all and cameras for track. that's all it is about. anybody thinking differently, no. >> great discussion. and everybody behaved themselves. christian dorsey. thank you for joining us. coming up. coming to america. foreigners looking for a safe place to park their cash and putting it in u.s. housing?

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>> it is time for what do i need to know for next week? tracey. >> foreign investors are buying up the real state. they are starting to move the market. >> okay. >> and people love discounting and strongest spot market . i love family dollar stores here . broke out a thick volume this week and 25 percent next month. >> wayne rogers. don't be nuts. be logical. look at serious logic. and i think alabama care will be overturned and i am thankful that eli lily are doing well. they deserve a look. johnson and johnson and eli lily is on the top of the list. that is it for the cost of the freedom block. thank you for being here and happy father's day and have a great weekend.

mitt romney hits the road. mitt romney campaign buzz takes him to states that obama won in 2008. the president is making big news and the governor is trying to reverse and put the spotlight back on the economy. like it or not. the new immigration policy is dominating the headlines and we'll get the first exclusive reaction from alberto gonzalez . the first hispanic general under president bush. and fast and furous . caring down calls to resign. attorney general eric holder agreed from the man leading the charge. i am uma pemmaraju. america's news headquarters starts right now. >> it is the economy,