how you doing? >> the healthcare bill can survive but as a maximum. >> reporter: there is a wave of new taxes coming right at the economy. i'll give you a short list. if you don't pay for insurance you will pay a tax. if your company doesn't offer insurance, it pays a tax. there is an investment income tax, a tax on generous healthcare plans, medical devices will be taxed, charitable hospitals will be taxed, innovating drug companies taxes, all healthcare insurers will pay a new tax, black liquor, a by oh file, there is a new tax on that, you name it, bill, it's taxed. bill: the taxes are coming to

pay for the law. >> reporter: that's exactly right. bill: what impact will that have on the economy. >> reporter: we got word the economy is slowing some more. spending has stopped. it's dead flat. what do you do when you introduce new taxes to an already slowing economic? it slows some more. businesses look out in the future and they can see higher taxes coming at them and they know their cost of health insurance is a negative for businesses. bill: when you bring on higher costs would you expect that then? >> reporter: if you have a slower economy and you i am poas new taxes there is less hiring, more firing and a bigger government deficit. bill: can you put a dollar amount on that? >> reporter: it runs to several trillion dollars in a

10-year period. bill: trillion? in all aspects of the u.s. economy? >> reporter: yes. you can't put a precise number on this. but if you foe out -- what the analysts are saying, you add up all these taxes and you are talking trillions. bill: here is patti ann. patti ann: some emplayers are concerned about the cost of the law worried it will threaten their livelihood. >> it will be a challenge, how we continue from a tax perspective, it will affect us all the way up the food chain. >> there are taxes that will be burden some to small business owners. mandates that will be burden

some to small business owners. patti ann: the national federation of interest business calls the court's decision a terrible setback but promises to fight on to protect small business owners. bill: we are hearing from the insurance industry saying the ruling will make the rates go up even more than they have since the law was first enacted. >> in the long run a lot of the insurance companies won't be there because they won't be able to provide the mandates and coverages in the federal law. bill: if that's the case, where do those consumers go? others claim it will lower insurance premiums because a larger pool. americans will be covered. we have a fair and balanced debate in a moment. patti ann: republican hopeful governor mitt romney seizing on the ruling urging voters to

support him in november if they want that law repealed and replaced. >> i disagree with the supreme court decision and agree with the dissent. what the court did not do in its last day in session i will do on my first day if elected president of the united states. i will act to repeal obama-care. you can choose whether you want a larger and larger government in your life twin and your doctor. whether you are comfortable with higher deficits for the coming generations. patti ann: governor romney has raked in serious cash since that ruling. he has reportedly hauled in more than $4 million. president obama saying it's time to move forward. >> the highest court in land has spoken. we'll continue to implement this law and we'll work to improve upon it where we can. but what we won't do, what the

country can't afford to do is refight the political battles of two years ago or go back to where we were. bill: the state of florida was if the first state to sue over the president's healthcare law. in the next hour florida attorney general pam bondi is here. we'll ask what's next for her state. we'll go through the next steps and help you understand it as best we can, this on the day after. patti ann: congress voted to hold attorney general eric holder in criminal contempt yesterday. it's the first time such a sanction has been imposed on a sitting member of the president's cabinet.

>> the resolution is agreed to. patti ann: 100 democrats staged a walkout in protest. it's over the justice department's refusal to hand over memos on the scandal. >> reporter: congressional investigators still want the document they have been denied so far related to operation fast & furious. the chairman of the house oversight mitt he thinks they might keep striking out if they keep asking the attorney general to turn them over with that contempt. now they can take him to court. >> based on past experience it's possible the president will instruct the u.s. attorney not to prosecute further. house authorized me to hire staff and legal staff who then can pursue civilly in the courts to try to get a federal judge to

order separately this discovery. >> issa says he will give the administration a chance to press charges against the attorney general. patti ann: what is the attorney general's reaction? >> reporter: he's dismissing to both citations as being politically motivated and calling out chairman issa. >> today's vote is the regrettable culmination of a misguided investigation during an election year. by advancing it the past year and a half, congressman issa and others have focused on politics over public safety. >> reporter: earlier yesterday holder was at a conference at disney world and joked it was good to be there and not in washington, d.c. patti ann: what does the family of brian terry have to say about

this? report * they think if the justice department had come clean at the beginning of the investigation the citation wouldn't be necessary. they said the justice department should have released the document relating to operation fast & furious months ago. patti ann: peter doocy live in washington for us. bill: what we are finding out is what the lawmakers want to do about this. they want answers for the terry family. >> what percentage of the truth will you settle for? if you have ever sat on the other side of the table from parents who lost a loved one, is 50% enough? 75%? a third? bill: we'll hear from that man right now.

he's live with us in a couple moment. patti ann: we'll ask senator john cornyn about republicans' promise to repeal. >> i think the real outcome of today's decision is to strengthen our resolve to make sure this law is in fact repealed. we'll work every single day between now and election day and the american people will get an opportunity to make their decision on election day. down here, folks measure commitment by what's getting done. the twenty billion doars bp committed has helped fund economic and environmental recovery. long-term, bp's made a five hundred million dollar commitment to support scientists studying the environment. and the gulf is open for business - the beaches are beautiful, the seafood is delicious. last year, many areas even reported record tourism seasons.

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i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios patti ann: education protests rocking the streets of chile. thousands of students demanding free education. this is the third such protest this year.

bill: top republican lawmakers promising not to give up the fight on the president's healthcare law promising to take action asap. >> when we return the week of july 9 i scheduled a vote for total repeal of the obama-care bill to occur wednesday, july 11. in that way we can clear the way towards patient center care and lowering costs and better access. bill: texas republican john cornyn, good morning to you. >> good morning. bill: what are you planning? >> we need to repeal and replace this monstrosity of a law which contrary to what the president said, is a tax on the middle class. we know many of the promised

made in order to sell this legislation have proven not to be true. premium prices have not gone down, they have gown by $1,200 for a family of four. when know if you like what you have you can't keep it. whether than have people forget this legislation it's now front and center and i think it will be the center of the campaigns for the u.s. senate. we can repeal it and replace it. bill: you were one of the first to come out with a statement yesterday. and you said there will be plenty of time to debate the court's decision? is there plenty of time? >> it's a complicated decision and people are still parsing through it. but ultimately we have to remember our constitution starts with three words, "we the

people." no matter what the supreme court said or previous members of congress have said, the power of the people is through their elected representatives to repeal and replace this law. so the ball is clearly back in congress' lap and this will be front and center in the presidential campaign. i can't imagine anything president obama will want to talk about less than his tax on the middle class. bill: andrea works with president romney. she says $4.2 million raised online since the scotus supreme court decision. >> in 2010 the vote that resulted in a change in the composition of congress, i think that means we'll see a repeat in

2012 of what we saw in 2010. if you will recall what motivated a lot of people at town hall meetings to get energized was obama-care it was other things, but that was the primary cause. now that people have been reminded about what a intrusion this was on their individual choices and unaffordable it is, the sleezy deals that were made in order to get it passed by getting different senators to vote for it because of special deals. all that is coming back in the people's mind and will be part of the campaigns and i don't think that helps the president or incumbent democrats who helps pass this piece of legislation. our fox polling on wednesday afternoon came out 16 hours before the decision. federal government forcing americans to boy health

insurance. 60% say it's a violation of their individual rights. what does that mean? >> it means obama-care remains unpopular. i think we'll see a difference in the composition in congress and the white house in november. but it is a mandate for us as the elected representative.of the people to fix this legislation. it may be constitutional according to five members of the supreme court. but that doesn't mean it's the right policy and it doesn't mean we can afford it. that's what the conscious will be addressing in july as soon as we can get on the agenda for a vote. bill: thank you for your time. we'll see if the predictions prove true or not. john cornyn on the hill the day after. patti ann: free on bail or stuck in jail. the killer of trayvon martin

george zimmerman is trying to convince a judge to grant him bail a second time. bill: there is a flood of questions after the president's healthcare ruling. we'll go live to atlanta. home to one of the largest hospitals in the country. how they are reacting to the decision. s wanted a puppy, but they can be really expensive. so to save money i just found them a possum. dad, i think he's dead. probably just playin' possum. sfx: possum hisses there he is. there's an easier way to save. geico. fifteen minutes could save you fifteen percent or more on car insurance.

bill: the delta 4 rocket has launched into space. here is how it flood cape canaveral, florida just moment ago. >> liftoff for the united launch alliance. delta 4 l-15 mission.

bill: that is a lot of booster power to get that thing off the ground. that's massive. this is part of the national security payload for the national reconnaissance office. it goes into space on a beautiful morning in cape canaveral, florida. so job well done. 9:23 on a friday. patti ann: the supreme court's healthcare ruling leaves unanswered questions for the nation's hospitals. what about patients who remain without insurance. who will cover their medical costs. jonathon, how will this affect grady memorial. >> reporter: grady memorial, that public hospital, treats 100,000 uninsured patients in a

year. last year that treatment amounted to $200 million in unreimbursed costs. many of those charges are passed on to local taxpayers. but the i forwardable care act would change that. listen. >> a third of the patients we take care of at grady have no insurance whatsoever. because of that have limited access to healthcare. so for those individuals now they will have a payment source. >> reporter: the grady ceo says the uninsured tend to delay treatment. so as more people get access to health insurance there could be unprecedented demand on hospitals nation ride. so those hospitals need to prepare. patti ann: how do you accommodate the demand without overloading the system. >> reporter: you need to take the pressure off the emergency rooms. you need to have more attention

to preventative care. they pay doctors, and nurses to check up on patients with e-mail in between visits to monitor diabetes or high blood pressure. >> regardless of the kind of office practice you have, you might be able to keep the patient from ever need to go go to the emergency room. >> reporter: this model called the patient-centered medical home they believe there save money by preventing treatable conditions from turning into expensive hospital emergencies. bill: just thinking about what senator cornyn was saying. in a moment here this landmark decision possibly giving the

2012 election a whole new battleground. who has the advantage. the president or governor romney? a terrific panel in a fair and balanced debate in just a matter of minutes. patti ann: george zimmerman is expected to ask a judge to grant him bail. that request coming up. [music] see life in the best light. transitions® lenses automatically filter just the right amount of light. so you see everything the way it's meant to be seen. experience life well lit, ask for transitions adaptive lenses. would you mind if to be i go ahead of you?omer. instead we had someone go ahead of him and wifty thousand dollars.

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bill: this is a live look in florida. we are waiting and now we see george zimmerman. he entered the courtroom a few minutes ago. a judge will decide whether he gets bail. this is sanford, florida. he's not wearing shackles in court today. is that right, phil? >> reporter: that's right. no shackles and no inmate orange clothing. the judge allows him to dress in civilian clothes. his brother is also appearing in court as a supporter and trayvon martin's parents just walked into the courthouse. april 20 the judge set the bond at $150,000 charged with second degree murder for murdering

trayvon martin. but he may have committed perjury when the zimmerman's said they had no money for bail. but he feels optimistic he will get the same bond today. >> he does not have any access to the legal defense fund. it should be reasonable bond. the $150,000 that was granted last time is appropriate. >> reporter: last time the prosecutors hoped for a $1 million bond or no bond at all. bill: do we expect any new evidence in court today? >> reporter: it's possible we'll see some visual presentations. setting up some projection screen material, also it's not decided yet, at least he said so on the way into the courthouse whether george zimmerman will take the stand to publicly apologize to the court for not

speaking out when his wife was on the phone testifying they had no money when according to bank transfers she had $55,000 from that legal defense fund her personal account. that may happen. we'll see if the judge will grant some leniency on the bond. then a couple of issues we expect the judge to rule on releasing more than 100 jail phone call from sometimerman. also the full statement from witness number 9, believed to be zimmerman's ex-girlfriend who told police zimmerman had some racist ideology. patti ann: the supreme court decision to uphold the president's healthcare law. republican presidential hopeful mitt romney is using it as a rallying cry. in the past 24 hours he raised millions for his campaign. >> this is a time of choice for

the american people. our mission is clear. we want to get rid of obama-care we'll have to replace president obama. my mission is to make sure we do exactly that. patti ann: monica crowley the author of the book "what the bleep just happened." juan, this morning congressman paul ryan says with this decision the court raised the stakes in this election. romney since the ruling has raised $4.2 million from 42,000 individual donors. will romney benefit politically? >> that's a lot of money to raise in a 24-hour cycle. he stirred the base or the court stirred the base and romney's response to promise to repeal it delivered on something that was satisfying to a conservative base that was disappointed with ned's ruling.

the question is whether the conservatives can sustain that anger. if they sustain it they may get a 2010 mid-term result when they brought 63 republicans into the house. but can they sustain it after the supreme court decision that was much anticipated. >> this is not just the conservative base we are talking about here. this bill's unpop laisht has only increased over time as more and more americans have discovered what's in this bill. so we are talking upwards of 60% of the american people would like to see the entire thing repealed we have between 70% to 80% of the american people who think the individual mandate is unconstitutional. and we have 52% of democrats believing the mandate is unconstitutional and incorrect. so it's not just about mobilizing the con bays. what's happening is that the american people are seeing that the obama-care decision

yesterday, the policy as a whole is emblematic of what they have done to take this country in that they are rejecting wholesale. patti ann: president obama told a reporter that this was definitely not a tax. >> for to us say you have got to take responsibility to get health insurance is not a tax increase. way it's saying is we are not going to have other people carrying your brudens for you. everybody in america just about has to get auto insurance. patti ann: does this paint him into a corner? >> i think he will continue his political affect and not call it a tax it's an incentive for people to get health insurance. they will talk about exactly how small a penalty it is for people who do not get health insurance and i think they will point to

mitt romney who when he was governor of massachusetts had the same funding mek tonight.line in place, the same kind of tax and he wouldn't call it a tax, he calls it also an incentive to get health insurance. patti ann: the massachusetts healthcare system had a similar mandate. governor romney denied it was a tax. is this a difficult issue for romney to run on? >> doing something at the state level is different than doing it at at federal level and making it a mandate for every american in every state. the president can use whatever euphemism he wants. the reason he and his administration did this wild tap dance on it's a tax, it's not a tax, don't call it a that, it's a penalty. the only person who is willing to say he's for higher taxes is warren buffet. it's a politically tough thing to tell the american people you want to raise their taxes,

especially in a bad economic environment. now the president is stuck with defending an unpopular healthcare bill and the mega tax increases that will come with it. this is going to be a highly regressive tax that will hit the poor and the middle class. patti ann: there is a tweet going around, obama lies, freedom dies. critics are saying this is a huge power grab by the federal government and it sets a precedent that the federal government can tax anything and make the citizens buy anything. >> the supreme court ruling is the congress has the power to tax us. that's nothing new. everybody on the legal said says it was a stretch for justice rob towards rewrite the law and call it a tax. original basis was under the commerce clause he says it wasn't constitutional. he stretched and introduced the tax idea patti ann.

i don't think you have a situation where the president is going to have to defend it in that way. i think once the court ruled there was a sense of the big fight is over. having stirred the base, and the base is uet about this, the conservative base. the question is whether you can also stir independent voters. i think the polls indicate most people are in a wait and see mode. what does this do to our healthcare on a personal basis. does it drive my insurance premium? does it get between me and my doctor? people want to sight. you can imagine the obama administration the next few days will be aggressive in telling people about the benefits, the fact that healthcare costs have come down. about closing the donut hole for seniors. about keeping kids on their parents' insurance. patti ann: what about this concern about the federal government having too much taxation power. >> i think most of the american

people understand and juan pointed to independents. before this decision 70% of independents wanted the entire healthcare repealed. it's not just the conservative base. it's the bulk of the american people. i think most people understand that healthcare reform was never really about healthcare it was about government power and control. one of the reasons why -- the main reason why the democrat and team obama went after healthcare first was because if the government controlled your healthcare the government controls you. the american people are rejecting that wholesale and i think you will see that come november. bill: what do you think at home? here is our question online. who do you think benefits more from the ruling on healthcare? the democrats or republicans? log on to foxnews.com/americasnewsroom. markets are booming.

the dow reacting to europe's latest plan to bail itself out of. the list goes on. $174 to the positive side. we have seen these markets in the past, too. they are a yo-yo. it's great news. patti ann: eric holder making history. the first cabinet member to be held in contempt of congress. we'll have more on that. >> this is something that makes a witch hunt look like a day at the beach. >> we have no other choice. but we as a body, as a separate branch of government have a duty and obligation and we are fulfilling that today. (phone ringing) good afternoon. chase sapphire. (push button tone) this is stacy from springfield. oh woah. hello? yes. i didn't realize i'd be talking to an actual person. you don't need to press "0" i'm here. reach a person, not a prompt whenever you call chase sapphire.

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regrettable culmination of what became a misguide and politically misguided action during the last year. congressman issa and others have focused on politics over public safety. pill * the republicans pushing for a contempt vote after the administration refused to turn over thousands of document in the operation fast & furious sting. trey gowdy is on the judiciary committee on oversight and government reform. good morning to you. you have been vocal from the very beginning. you put out a statement saying the attorney general has chosen not to do the right thing so we must. and what now? >> well, you know, it's funny, bill, alexander hamilton once worried the judiciary would not be powerful enough. we saw yesterday the judiciary

resolves disputes between the legislative branch and the executive branch. once again we'll go to the court system. the district of columbia is likely not to prosecute the contempt so we'll go to the d.c. court system for civil contempt and we'll see if this late invocation of executive privilege is warranted. the bad news for those who want answers and despite what the attorney general says this has nothing to do with politics. bill: i want to ask you about that. do you think the house has gone as far as it can on this issue? >> yes, unless information comes from other sources. there are whistleblowers who do provide us with information from time to time. bill: this is the vote slate yesterday afternoon on criminal contempt.

17 democrats broke with republicans voting yes. on civil contempt, 258-95. 21 democrats breaking with republicans on yes. what about the politics of that vote? >> there was a lot of pressure to not break ranks shop of these democrats voted publicly on the floor with their vote. privately they want the same thing we want. they want to know what happened. when the former speaker pelosi couches this argument in racial terms, when you politicize it and demagogue it as a political issue it puts a lot of pressure on democrats not to break ranks. i appreciate those who put the pursuit of justice ahead of politics. in washington when one goes the other way it makes it bipartisan. bill: what did you think of the democrats walk out on that vote? >> i don't know what purpose that serves. i try hard not to judge other

people's motives. i happen to like cummings, the ranking member on oversight as a person. it just cheapens the body when you politicize things that should not be political. the pursuit of a criminal justice matter if anything in the world should not be political it should be that. so i wish they had stayed. i wish they had voted. but they don't usually look to me for political advice. bill: you mention this racial issue. how to you respond to that when it's nancy pelosi, the house minority leader or other democrats who suggest it's eric holder and some of the voter rights laws that he's pursued in various states, that this is a mere reaction to that. what would you say? >> i said a few things in the past that have gotten me brought into the principal's office. it was mind numbingly stupid.

and i'll tell you what, all the democrats other than miss pelosi i heard ask that question have demured and refused to go along with her conspiracy theories. what else can she say. the facts aren't on her side, the american people aren't on her side. so thee wants to appeal to the basest instincts to people and charge racial animus. the fact that we are in an election year is because he wouldn't give us the document last year which if memory serve.is an odd-numbered year. the on reason we are in a presidential year is because he delayed. this started well before eric holder started suing states over voter i.d. i'll tell you another thing. i asked the attorney general last time he was before the judiciary. is it possible to believe in good faith that you should have to show an i.d. to vote?

he said absolutely. i don't judge your motives. i find it instructive that eric holder gives us more of a break with respect to our motives than pelosi does. bill: have you had contact with brian terry's family since yesterday? >> i have not. i feel certain chairman issa has. the last time i spoke to brian terry's family was at a committee hearing. bill: trey gowdy, a republican from south carolina. patti ann: his family says they knew nothing of the billion dollar ponzi scheme pulled off by bernie madoff. now another had inoff has been arrested. >> i took my board and took off. are you receiving a payout from a legal settlement or annuity over 10 or even 20 years?

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bill: the father-daughter team come together rescue of a family from alabama nearly swept away by deadly rip currents. six family members caught in choppy waters caused by tropical storm debby -- >> about it time i got out there for the second one i was exhausted. but i kept going. i thought i have got to get these guys in. >> the waves was taking me under and farther out. and i just got tired and i started cramping up. >> the surf is up due to tropical storm debby that just came through. >> they didn't have to come out there but they did.

bill: great news after the cpr was performed in the sands on st. pete's. the family is going to be okay and they are thankful allison and her dad were nearby. patti ann: another madoff arrested. this time' peter the brother of bernie madoff. he's expected to be charged with crimes related to his brother's billion dollar ponzi team. >> reporter: despite bernard madoff saying he carried out his crimes alone, his brother peter will be facing charges at the federal courthouse in downtown manhattan. he's scheduled to plead guilty to conspiracy, falsifying document, and filing false tax returns. he agreed to relinquish his

fortune and serve 10 years in prison. he was at second in command at bernard madoff's investment and securities firm. while peter's crimes pale in comparison to bernie's who swindled investors out of billions of dollars. he's the first relative to ever admit wrongdoing in connection with the fraud. as part of his plea deal he agreed to forfeit a $143 billion penalty he can't likely afford to play. the guilty plea shows he enabled his brother's crime. but it does not mean he knew about his brother's ponzi cream. peter has had to fend off numerous civil lawsuits against him by madoff victims trying to recover money stolen from them. victims accuse madoff and his

two sons of treating the firm as a family piggy bank. patti ann: thank you, julie. bill: she was one of the first to challenge the healthcare law the moment was signed by president obama. florida attorney general pam bondi reacts to the supreme court ruling and why she argues it is not over yet. if paula ebert had her way, she would help her child. no. no no no no no. mommy's here [ male announcer ] with everything. but instead she gives him capri sun super-v. with one combined serving of fruits and vegetables. new capri sun super-v.

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syou know, i've helped a lot off people save a lot of money. but today...( sfx: loud noise of large metal object hitting the ground) things have been a little strange. (sfx: sound of piano smashing) roadrunner: meep meep. meep meep? (sfx: loud thud sound) what a strange place. geico®. fifteen minutes could save you fifteen percent or more on car insurance. bill: top of the hour, 10:00am here in new york. fox news alert. state governments looking ahead at the next step in the healthcare saga. and what are those steps? brand-new hour of "america's newsroom." i'm bill hemmer. patti ann in for martha today. patti ann: they are pledging to repeal the healthcare bill after the supreme court upheld the

law. bill: pam bondi, attorney general for the state of florida. good morning to you. >> tkp morning. bill: yogood morning. bill: you led the charge on this. >> yes. bill: what did you think of this. >> we were extremely disappointed and shocked by the ruling. we always thought, of course, the main point at issue was whether the federal government could force us to do this under the commerce clause. we never felt that the taxing power was going to be an issue -- bill: seemed like a bit of a wildcard. >> yeah, you think? bill: especially when the chief justice was a party to that. did you see that come from any direction? >> no direction. i don't really think any analyst in the country saw it coming from that direction, not at all. it was a same, it was sobering, because we learn now that our system of government only works

when our leaders are honest with us, and we've had a president who has been out there saying, this is not a tax, this is not a tax, and this now is what, more and $4 billion tax on the people. and so that's all this was, a tax, according to the united states supreme court, yet our president has been saying the contrary. bill: your state faces and issue where you have to set up the exchanges. a lot of states are behind the 8 ball as i understand. your republican rick scott, they are perhaps not as advanced in setting of these exchanges as other states might. it's my reading of the law if you do not set up these exchanges washington will do it for you. >> that's what we're going to make that decision, we are working with the senate president, the speaker of the house, and with governor scott. and i'm proud of governor scott for not taking money and getting wrapped up in something that we

firmly still believe is unconstitutional. bill: the statute reads kathleen sebelius. the secretary of health and human services, shall, quote, establish and operate the exchanges for the states. >> isn't that frightening? federal government over reach at its best, it really is. bill: there is a line in here from "the new york times" article that the expansion of medicaid under the affordable care act could increase the state's tab to $1.1 billion by the year 2017. how do you deal with that? >> we are very pleased that the medicaid coercion, we won in that respect, the medicaid coercion, that they cannot force us to continue on with this. or take away all of our medicaid funding. so that was very important. that was a win for us. that was a very important win for us. bill: what is even more confusing is you don't know what the states are going to do if you're not compelled to act. >> bill, the whole opinion is

confusing, and it's left us so many unanswered questions. i can tell you in florida we want affordable healthcare, accessible healthcare and we want to do what is best for the citizens of our state. bill: one more thing, this came out about 2:00 in the afternoon on wednesday, a fox news poll where we asked people about the federal government forcing americans to buy health insurance. 60% felt it was a violation of their individual rights. what does that tell you? >> it tells me that they feel what we feel, that it's unconstitutional. we still believe it's unconstitutional. it is such an over reach by the federal government. you know, we have a federalist society and our founding fathers firmly believed that states should have the right to do what we feel is best for our individual state. and that's the biggest fear of this opinion. it's fraught with peril. bill: you have been at the forefront from the beginning.

we'll see how the politics deals with this the next 120 days. pam bondi, nice to see you. patti ann: 21 house republicans are also doctors and they are calling the supreme court decision, quote, disastrous. >> miami outraged, i think my colleagues are outraged. in regard to the political aspect of this i think the american people are going to continue to oppose this. i think it will help governor romney become the 45th president of the united states. i say to democrats, and president obama you may have chicken salad today but on november the 7th it's going to be chicken something else, and we're going to make lemonade out of lemons. patti ann: members of that doctors' caucus admits that the healthcare system needs reform but they did not give details and applausable alternative. bill: what is in store for your wallet? what is in your wallet for the next ten years. the patient protection

affordable care act contains more than $400 billion in new taxes and tax hikes over the next decade. that includes 20 new or in creased taxes on american families and small businesses. about 35% of those taxes affect families making under $250,000 a year. patti ann: stockton, california is now officially the largest city in america ever to declare bankruptcy. unable to cut a deal with creditors on hundreds of millions of dollars of debt they faced the proper paperwork. jerry willis joins us to discuss this. how big is the stockton bankruptcy compared to other cities. >> reporter: it's the biggest every. vallejho filed back in 1978.

this is a real benchmark now. this is a real turning point. i think you'll see more cities falling into bankruptcy. their general manager said yesterday our general fund is depleted. patti ann: other cities can avoid this. the big question, how did stockton get so deep in the hole? >> reporter: one big problem and i think you've talked about this on your show before is that they have incredibly high retiree costs. people who serve the city as cops, firefighters get incredible packages when they retyre. they had an expensive downtown revitalization program that they are having trouble paying for. they were part of of the housing boom, and they anticipated tax revenues and property taxes that never materialized. and so they are suffering from that as well. lots of problems, too much debt, not enough revenues. patti ann: a troubling conversation. jerry willis of fox business net work. you can safp jerry ever catch

jerry at 6 and 9 eastern time. bill: when you start to think about cities like detroit, michigan, and we were talking about some other major american cities that are under the burden of this bankruptcy possibility also, they've got a big hole to dig out of. watch that story as we hang onto that. seven minutes past the hour, dissenting justices slamming the ruling on healthcare. did you see what was in their writing? and some legal experts saying that the supremes just made a big mistake. our legal panel breaks that down in a matter of moments. patti ann: what will all this do to your insurance premiums, why rates presiden rates are about to go up. and also this. >> otherwise you're going to have to -- bill: sitting on the tarmac for six hours, that is not a good idea in the summertime.

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bill: a bit of business news right now. americans were no cautious when hitting the stores last month. the commerce department reporting consumer spending was flat in may. average income grew by .2%, bit of a silver lining right now. falling gas prices this summer could help spur more spending and growth. patti ann: the critics say the supreme court made a major mistake with this healthcare ruling, despite the support of john roberts, the conservative chief justice wrote it is reasonable to construe what congress has done as increasing taxes. such legislation is within congress' power to tax. dissenting justices wrote, to say that the individual mandate merely imposes a tax is not to interpret the statute but to rewrite it. judicial tax writing is

particularly troubling. we have jay sekulow chief council for law and justice, and chip murray. thanks for joining us. judicial rewriting is troubling. do you agree with that. >> i sure do. the president of the united states says this is not a tax. he said it throughout the entire debate as the cases were moving forward in litigation. it was the congress clause which is what the president was basing his defense of the statute on, and the taxing authority, even in oral argument they ran away from the whole idea that this could be a tax. john roberts is the um spire, he calls the ball and strikes, he called it a strike, the decent called it a ball. i sided with the decent here, i think clearly this was an over reach. to rewrite the statute and making it a tax, i think under cuts not only the credibility of the white house here, who is saying this wasn't a tax, but i think also it was a stretch

legally cheeking. >> chip merlin i'm going to quote clark nealy, he says it's a terrible mistake and the supreme court has forward the most significant expansion of federal power since the new deal. does that concern you? >> i disagree with the premise. i think we'll have problems with the commerce clause in the future because of them finding that the commerce clause was inapplicable to enforce this act. the truth of the matter is republicans were calling this a tax from day one when it was first going through, so it shouldn't be a surprise to anybody. that issue will have to be addressed by the united states supreme court, and they address it on the side of this is a tax and it's within congress' power to do this. it shouldn't be surpris surprising this issue was not addressed, many people dislike the policy of this particular bill. the national healthcare reform act people don't like. they don't care what reason was

going to be used as long as it was going to be unconstitutional. >> what you said is not correct. patti ann: go ahead, jay. >> the white house defended the action, the statute as a part of the commerce clause authority. republicans said from the beginning, this was a tax. the defense of the act, the statute was not based on the taxing authority, it was based on the commerce clause, and it was the taxing authority was what the supreme court, at least five justices, including the chief justice decided rewrite the statute. the word tax never appears in the statute. it is a tax on the middle class and the greatest middle class tax increase in the country. no tax cut here, big tax increase. to say this was the republicans, please. the defense of the statue was by the solicitor general of the united states and he was the one who said this was the commerce clause authority and i'm glad the five justices said does not apply and would not be covered

under commerce. patti ann: he said congress may use its taxing power as an incentive to have people do things they don't want to do. this will have growth stifling uncertainties. people are very worries about the precedent this sets. what do you say to them? >> i would say to them that while congress' taxing power increased the authority under the commerce clause has decreased. there will be a lot of legislation challenged in the future regarding congress' power, because no, sir of their power comes through the commerce clause which has been receded because of this decision. many conservatives out there shouldn't take this as a horrible decision, truly i think it reigns in congress' power where it's been most prolific, which was under the commerce clause. patti ann: does it expand power under the federal government or reign it in. >> this idea that you can call something a tax even when it's not allegedly a tax increases

government power, that i the problem here. the commerce clause is utilized often as the support constitutionally for legislation. this was a situation where there was not the regulation of commerce, and five justices got this absolutely correct, this is what paul khra meant argued at the supreme court. this isn't regulating congress. you're being basically taxed for not doing something, you're not being taxed for getting something, you're being taxed for not something doing. i don't think this is a good day for conservatives on the court. i understand and i'm glad that the commerce clause restrictions were put in place, we argued aggressively on behalf of almost 120 members of congress that there was no commerce clause authority, that we won. but at the end of the day a stat aourbgts th statute, the affordable care law is now the law. mitt romney said yesterday, the supreme court may have said it's constitutional, but it doesn't mean it's good law. the ra ramifications of this are significant. patti ann: thank you. bill: more of that to come.

a new green energy company planning to file for bankruptcy after receiving tens of millions of your tax dollars in we are live in washington to figure that one out. patti ann: a hit-and-run that could have turned deadly. we'll have the video that police are using to catch a driver on the run. >> i'm not angry, i'm a little confused why they didn't stop. ♪ [ engine turns over ] [ male announcer ] we created the luxury crossover and kept turning the page, this is the next chapter for the rx and lexus. this is the pursuit of perfection. did you know honey nut cheerios is america's favorite cereal? oh, you're good! hey, did you know that honey nut cheerios is... oh you too! ooh, hey america's favorite cereais... honey nut cheerios ok then off to iceland! honey nut cheerios by what's getting done. measure commitment the twenty billion doars bp committed

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failure. the new orleans hornets making a big slash selecting anthony davis as the number one big, the big easy celebrating that top bic. bill: he was just a great player, with kentucky. and he had home more friends today than he did yesterday. congratulations. another green energy firm backed by the white house bytes the dust. abound solar filing for bankruptcy after receiving 70 million taxpayer dollars from the same program that funded now bankrupt solyndra. doug mcelway is on this in d.c. when did it come to light, doug. >> reporter: it same to light yesterday in the midst of all the supreme court stuff. it kind of got lost in that. they released a new campaign to taught green energy, beyond

solyndra how hraorpbs accelerating america's transition to a clean energy future. fred upton calls that quote an astonish piece of propaganda especially in light of the newest bankruptcy fighting. abound solar received a $400 million energy department loan guarantee back in january of 2011 one of its executive expressed high hopes for its low cost solar panels. >> we are in the process of building our second line right now, we'll build a third line probably late this year. >> reporter: fast forward a year and a half now the company is bankrupt. it issued a statement reading in part, aggressive pricing actions from sign he's solar panel companies have made it very difficult for early stage start up companies like abound to scale in current market conditions. it says it supports enforcement of free trade with china but admits any such action is too late to help that company. bill: this company joins a growing list of companies that took these loan guarantees and

for many of them it did not workout very well, did it, doug? >> reporter: it certificate lee did not. solyndra had a $535 million deal, it's bankrupt now. beacon received a $43 million loan guarantee, it's now bankrupt. a battery maker, number 67 on the white house list of a number of products that are changing america. it received a 18.5 stimulus grant it's bankrupt. a battery maker received stimulus and laid off workers at its michigan plant. the electric vehicle manufacturer received $529 million in stimulus loans, announced layoffs of 26 people from its delaware factory. they say it's temporary and it's being a prudent company at this

point. bill: thank you, doug. patti ann: it was already the most devastating wildfire in colorado history and now this raging inferno has turned deadly, and it's nowhere near being under control. bill: also back on healthcare, what does the ruling do to your bottom line? is your premium about to go up or come back down to earth? that is a great question. >> americans were promised lower health care costs. they are going up. americans were promised lower premiums. they are going up. most americans were promised their taxes wouldn't change, and they are going up. are you receiving a payout from a legal settlement or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. @t

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martha: a fox news alert. the worst wildfire in colorado's history has claimed its first life. a body was found inside a chart home in colorado springs. president obama issued a disaster declaration. nearly 350 homes have been destroyed. thousands of people have been forced out with nothing but the clothes on their back. >> our house burned on the night of her birthday. it will definitely be a memorable birthday for her. >> we are sad, of course. we lost a lot of possessions. some are easily replaceable, but some are not.

>> what would not be replaceable? >> her wedding dress. martha: alicia acuna is with us. we hear some people are being allowed back? >> a significant number of the evacuees are being allowed back into their homes because a lot of those orders actually have been lifted. 32,000 people were initially evacuated from their homes or in because of all of this success but the firefighters have been having some of the people started go back home last night. firefighters say that they had such a good night, they did not even allow the fire lines through it all. even with the progress, there are frustrated residents about the evacuation of want to get back into their homes dinner. telling us this much and the news conference. >> it's not something you want to do, but sometimes the right thing isn't going to be the painless thing. that is the exact question, sir. don't try to shoot it. i pay taxes in this state, so i

don't have the option. >> there was a body that was found in the remains of a home, in addition to backing the police chief says at least two people are missing at this point. however, firefighters are saying that they have great weather yesterday. they are saying that they made great strides. 53% containment come and they do expect that number to go up again today. martha: we hope to find the two missing people. what can you tell us about the president's visit? >> the president is expected to arrive later on today. he is expected to tour some of the destruction and thank the firefighters. however, he is receiving some criticism from former colorado governor, bill owens, a republican who is saying he is diverting time, energy, and resources. he declined an offer of a visit in 2002 by president george w. bush to a wildfire. the white house, in response, is saying that obama insensitive to

is sensitive to ensure that his visit does not impede on the response and governor hickenlooper here, a democrat, says he's looking forward to the president's visit. martha: alicia acuna, thank you so much. live in colorado springs, colorado. bill: what does it mean now, america? we are talking about the health care billing in the insurance industry. the insurance industry responding to the ruling print warning that the law will raise health care costs. for many americans, supporter of the law for saying that it's designed to bring premiums down. what is right? joining us now is robert circle -- zirclebach. gentlemen, to both you, welcome here. >> thank you for having us see one robber, what you do you think it does on the insurance front? >> we need to focus on portability. there are a number of significant provisions in health

care reform law that will add to the cost of health care coverage. for example, there is a 70 billion-dollar tax on health insurance or goes into effect in 2014. all these other reforms are going into effect. that is going to add to the cost of health care coverage. millions of people are going to be required to buy more health care coverage that may have today. it is that is also going to add to the cost of coverage. bill: who pays for that specific provision? three well -- bill: where does that money come from? >> anytime you have a tax on health insurance, it is the people that an opinion. individuals, families, small businesses. with the tax is structured, beneficiaries and trent beneficiaries and medicare and medicaid, they will see higher costs as a result of the tax. bill: you are laying it down everyone is going to get higher prices. ron, what about that?

is that true? >> i think that families are going to be a whole lot better off. it will be better off in a number of ways to first of all, families that have incomes below 400%, a family of four less than $92,000 in income, family of three, less than $75,000 of income, they are going to get subsidies to make premiums more affordable. that is going to mean that they are going to have less out-of-pocket costs to pay for premiums. bill: what about the larger point that robert is making? >> first of all, the folks who have the greatest difficulty paying for it are middle-class folks who will be helped. then, for others, one of the significant components of costs is that all of us who are insured ultimately wind up paying for the cost of the uninsured and they get care because they can't pay for it. on average, the added costs that we pin our premiums to pay for the uncompensated health costs of the uninsured is over $1000

per year for family coverage. if we get more people cover, that means that those additional costs will come down. bill: this is what the cbo says as of two 201,314. individuals and businesses pay approximately $37.4 billion more in health insurance premiums. that is what congress has said. what they are saying about how engages the spell. now, robert, at the expense goes higher, consumers are left to make a choice. if they can't afford it or don't want to pay the bill, they are going to be looking at other options. the logic serves that the next option would be a government exchange, which is the programs that will be established in all the states, and ultimately is at the end your? >> first off, on the point about subsidies in the congressional budget office and what they

said, 40% of people are not eligible for subsidies. they phased out quickly for people at the higher end of those who are seeking subsidies. for most people, they are paying the full cost of the insurance and all of the benefits and taxes that it requires. one of the things that is important to keep in mind is that not everyone will be impacted the same. people who have coverage through large employers and have comprehensive benefits today, they will not see the same impact that someone who is purchasing coverage on their own who perhaps has purchased a less progressive benefit package in exchange for a lower, monthly premium, they're going to have to buy a much broader package that they have today and the cost will go up. we need to not only look at what is the average impact, but what is going to be and what it will mean for specific individuals, families, and small employers. bill: what you are trying to determine if the net effect? >> yes. bill: robert is making the point that we will all pay more. >> i don't believe that mr. it

all. first of all, small businesses, people get coverage mainly because of their businesses. small businesses have the greatest difficulty affording coverage. they are already getting 35% tax subsidies of the cost, and it will go up in 2014. there's less pressure on the small businesses to force these costs upon their workers. that is very important. the other thing is that robert was talking about possibly premiums going up because of a richer benefit package. but the most significant thing about getting a better benefit package is that people pay less in deductibles and copayments. when you focus on premiums, you are not focusing on the overall cost savon the point is that for many americans come you are not denying the fact that they are going to have to pay more money, right? >> you know, americans are

paying more money with each passing year. the affordable care act legislation is going to allow people to get help so that their out-of-pocket burden will be reduced from what it otherwise will be in the absence of this law. bill: thank you gentlemen both so much. it is the first time we have heard from the insurance industry, and there's a lot more to go over on us. thank you for cracking the surface. bill: martha: now that it is considered a tax on the american public, the debate is getting hotter. >> i can't help but wonder if members of congress would have voted for the affordable healthcare act it has been described as a tax on ordinary americans who do not have insurance. martha: what about that? susan collins, would it have passed through congress if that the president sold it as a tax?

nancy pelosi dosh that question yesterday. you can bet your bottom dollar that congressman allen west has an answer for us. bill: the skies may be friendly, but the tarmac after six hours, not so much. it was not a passenger who lost his cool this time. >> we have it on the video. geico, see how much you could save.

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the. bill: we are not 19 minutes before the hour in trying to find a solution in syria. diplomatic efforts being blocked by russia. moscow standing by syrian president bashar al-assad with veto threat to the u.n. the question is why. the minister of foreign affairs for canada is in our studio today. john, welcome. what is with russia a few? >> they are standing by an old ally. they are expressing frustration at what they saw happen in

libya. they are showing a more aggressive posture on foreign policy. bill: you don't see them backing down at this point, do you? >> no, more than 100 civilians, they were quite critical -- we are seeing some movement. not enough in any large number. bill: explain the historical significance that russia holds? >> back in the cold war days, that was one of their closest allies. now at record entrance represents a strategic relationship in the region. they are also angry with the sheer not extending the mandate in libya. they are playing and aggressive policy in the world's. bill: are we playing an aggressive posture? >> the u.s. has failed to take tough sanctions. the west has worked very well that the arab league. which is pretty good substitute. in the absence of tough sanctions,, they nudge to telling them this time to let

go. bill: what i see from the outside, pardon for the interruption there, from the outside from the western world is allowing the slaughter to continue. >> oftentimes what you find in these leaders is that when it happens and when the dust clears and six months or a year or two years, you look back with extreme regret. is syria the latest example of that? >> i think that we see the success that nato and some countries had with libya. there have been people that suggest we can do the same thing in syria. what worked in libya won't work in syria. it is a different neighborhood. a larger defense -- there defense system. israel and the nato countries made it very problematic. honestly, bashar al-assad's has the support of a sizable minority. qaddafi and libya had no minority. bill: and the complexities are much greater than they were in libya. >> the u.n. special envoy, says

he is optimistic. should he be? >> if a peacemaker is not optimistic, i don't know who candy. he has gone beyond content above and beyond the call of duty. bashar al-assad has supported the recent efforts to have monitored content monitoring efforts. what we need to see is when the world gathers in paris for the fourth friends of the syrian people meeting. we need to really focus in unify the approach -- the entire world coming together speaking with a loud and strong voice. bill: at that meeting fails, as the world they'll? >> i think there's no doubt that diplomacy has not been successful in this regard. that is usually frustrating to all of us. we are not going to give up. we are going to keep on the pressure and if we can get top u.n. sanctions, that will certainly get bashar al-assad's attention. bill: on what question. the question of iran going nuclear and how israel reacts or does not react. has the window closed with

israel to take action? to absolutely not. for us, in canada, and many around the world -- iran represents the biggest threat to security. we can't look at it through the lens of israel. in the area, the thought is possible for around with a nuclear weapon. proliferation -- we could see two or three countries within the first three years to become nuclear states. the swagger that iran would have in that region. bill: will israel, however, act? >> we will see. president obama has said that all options on the table. obviously, the iranians have a chance to back up the into the program, and supper they haven't taken the offer from the west we want to see that happen we're going to continue to put a lot of pressure on that. bill: sir, thank you for time and welcome to our country. and welcome to new york. bill: martha: lucky to be alive after a car jumped the curb and nearly

takes out a preschool teacher. we will have that video next. >> i was very confused because i was on the sidewalk. it wasn't until i saw the car going by, and i realized that i had gotten hit security would be- there's no charge for the bag. thanks. i know a quiet little place where we can get some work done. there's a three-prong plug. i have club passes. [ male announcer ] get the mileage card with special perks on united, like a free checked bag, united club passes, and priority boarding. thanks. ♪ okay. what's your secret? [ male announcer ] the united mileageplus explorer card. get it and you're in. a little bird told me about a band... ♪ an old man shared some fish stories... ♪ oooh, my turn.

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jon: in just 10 minutes we will have new developments happening now on to huge news stories. the supreme court decision to uphold the presents massive health care overhaul and vote by the house of representatives to hold eric holder in contempt of congress. also today, a possible vote in congress on a massive transportation and student loan bill. what is in it for you and what will it cost? plus, economists author ben

stein joins us in the hot seat. he's taking your questions. go to fox news.com/happening now. see you in 10 minutes. bill: thank you, watch closely on the upper right-hand corner of your screen. you can see an suv slam into a woman on the sidewalk. her body goes flying backwards. >> i was in a lot of pain. i started crying and everybody at the bus stop was wonderful. one person was holding his hand and another this one. i'm not angry. i'm a little confused why they didn't stop. bill: i bet she is. britney is recovering. doctors say she cannot walk for three months. a manhunt is underway for the driver responsible. martha: new questions over the health care ruling and whether the law would have passed if it

were initially pitched as a tax rate yesterday, nancy pelosi was asked whether the individual mandate constituted a tax payment this has of course upheld the legislation. i think him and i have to see in specific language that they identified with how they wrote the bill in the house. as part of this decision. part of the documentation for the decision. call it what you will, it is a step for america's families. you know what? take yes for an answer. this is a very good thing for the american people. martha: joining us now is congressman allen west of florida. a member of the republican committee. thank you for joining us, congressman. >> thank you for having me speak to you heard nancy pelosi saying that's good for the country, who cares how we got there. what is your response? >> i think that former speaker losey is delusional.

this is something that we have to pass in order to find out what is in his belt. there has been a deception against the american people from this. it is now $1.7 trillion. the president said that this was not a tax, now we know it is constitutional because it is seen as a tax. i find it ironic that when thomas jefferson was about to sit down and write the declaration of independence, one of the preeminent reasons was because of onerous taxation that was coming from king george king george the iii. this is unprecedented. taxation authority to the federal government. it really does boil down to behavior modification by way of taxation. martha: you released a statement to that effect saying that congress has granted -- has been granted infinite taxation power, there are no longer any limits on what the federal government can tax its citizens to do. there are people saying that

that is an exaggeration, but it really doesn't sell. >> i don't think that is an exaggeration. legal precedent has been established so that the federal government can say, based upon their own ideological agenda of health care, that the american individual citizens much persist content purchased a policy where they will be taxed. i would go out and say that every person in the united states of america needs to go out and buy something. i wonder how nancy pelosi, is on if on the other side of the aisle, would react to that. martha: that is the question that so many people are asking now. how the farthest to go. this is a sad day day for america. individuals sovereignty has been defeated. what recourse does the public have for those who are against this ruling? >> welcome i think the greatest recourse to the that the public has been that this is a republic. and it is based upon individual's rights and freedoms

in the democratic process. come november, understandably the only way that this patient protection affordable care act can be taken off the rolls is that you cannot have the same person in the white house nor this demonstration. and i think that that is exactly what you will see happen. thank you setting aside the wider implications, you say that this law specifically -- it will hit the middle class especially hard. hundreds of thousands of jobs will be lost. businesses will try to avoid the penalties of cost. created by the law. >> welcome if you, if you look at the employer mandate, when i go down and talk to a lot of small-business small business owners, they are going to be dropping people off of their health insurance. because of the rise of insurance premiums. we have artie. there is a mandate within the portal correct that says that when you go over 50 employees, we have to provide a certain level or else he will be fine. you will see that happen. the private sector will not be able to compensate for these

rising insurance premiums. especially when you have these mall avec margins. you will see more americans being put on the unemployment rolls. more americans being forced towards government-backed insurance, which means that there will be higher taxation is. this really is not going to work very well. when you're telling mirkin people that if you don't purchase come you'll be taxed, that is going to affect a lot of families are another struggling with this economy. martha: congressman allen west of florida. they do so much for joining us. bill: they had a busy day on the house side. unprecedented act from congress. the house voting to hold attorney general eric holder in contempt of court. rte fallout of that vote is just beginning. with a new continuous spray wand. and a fast acting formula. so you can kill bugs inside, and keep bugs out. guaranteed. ortho home defense max. see life in the best light. so you can kill bugs inside, and keep b[music]. guaranteed. transitions® lenses automatically filter just

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bill: six hours on the tarmac. i mean who would not go bonkers, including the flight attendants. >> i don't want to hear anythi

anything. once we close the door -- [inaudible] [bleep] >> otherwise you're going to have to fly -- [shouting] >> he's the one that is doing it. we have multiple people on this aircraft. >> we have it on the video. jon: how did that thing workout. that was american eagle tphroe flight, jose serrano, a six year veteran, daring passengers to get off the plane. i'm on vacation next week. i guarantee it will not happen on my plane. good to be with you. mart that is back and monday. we'll see you real soon. "happening now" starts right now. jon: a firestorm erupt as the house finds eric holder in contempt of congress, democrats walking out on the vote.

the attorney general calling it pure politics. republicans say they want to get to the bottom of a border agent's murder. jenna: the political fallout from the healthcare ruling, the white house calls it a victori victory, but the victory is firing up the republican base. jon: a federal disaster declaration after colorado's most destructive fire ever, killing at least one person and destroying at least 340 homes. firefighters in a desperate battle with flames that remain out of control. we are live on the fire lines, all "happening now." right now the historic contempt of congress vote against attorney general eric holder heading into uncharted territory. good friday morning to you. i'm jon scott. jenna: glad to have you with us, everybody, i'm jenna lee. it is an unprecedented move by