president. >> steve moore, i think he hits it right on the button the i this many p p.m. was just disconnected, but i want to go to this point. what christie is saying is what scott walker was saying in wisconsin. if you have a reduction of state payrolls, that opens the dao are for a healthier low-tack private sector growth and job creation. sup what obama just doesn't get? >> he doesn't get it. what's not being given enough attention is not that he said it's doing just fine, but the second part was we need more government to get this economy to run, and i agree with chris christie. what you need right now is austerity in government and you need private sector growth, and obama has it exactly back-aswards. >> i'm going to give you a chance to rebut. going back to the very beginning of the session, the private sector lost a million jobs, including what have been picked up, but the net is we've lost 5 million jobs in the private sector, only 470,000 jobs in the public sector, and in a few key states, like wisconsin, like new jersey, like new york, like illinois, like calif

steve moore may disagree with what i'm about t f, steve. you can do this. but i do believe we are going have to have more of a boost, either a spending boost or a middle class tax boost that gets the economy going. then when we hit an inflection point, 3% growth and 5% unemployment, that's the trigger for serious debt reduction. we don't want to do it before that. >> the reason it's not going to happen youshgs explained all spending, that's exactly what barack obama did in 2009 and it didn't work. >> it's not going to happen because republicans don't want it to happen because they don't want the president tbe reelected. they're not going to do it even if that's the right thing to do. >> i believe they're not doing it because they don't think more spending is what is the right thing to do. that's what got republicans elected in010, is to stop the spending. but one thing that could help the economy and actually help barack obama a lot as well is to maybe call off the big tax increase in january for everybody. let's just not -- you and i probably could agree o

jenna: steve moore, senior economic writer for "the wall street journal".as the european commission president, jose manuel barrasso. >> yeah. it was quite an arrogant statement for somebody who leads the european union when they're in such demise, and you've got these countries that need bailout after bailout. you know, it is true that the u.s. economy kind of led the world into recession. we were the first major country to be in recession. but you know this, jenna, europe's problems have been around for 30 or 40 years. their paying a -- they're paying a high price for a welfare state and entitlement programs that they simply can't pay for, and nobody wants to lend them money anymore. so to blame the united states for europe's problems is, i think, a really outlandish comment. jenna: it brings up a broader question, though, of a game like follow the leader. like, who is the leader in the global economy right now to follow? who is that country or that person that others are going to fall in line with? >> it's a great point, jenna, and this is the whole probl

steve moore, thank you very much. i will work on that autographed copy of paul ryan's plan for you. >> i want one of those too. bill: to our viewers, juan williams, karl rove, set up rematch. go to "america's newsroom." click on bya box. shoot me a e-mail at hemmer@fox news.com. or follow me on twitter. at bya. martha: they're still wrestling wigs horrible wildfires out west and they have high winds and new fires are starting to break out. more evacuations are being ordered in colorado as the flames are spreading. look at these pictures. live in denver for you moments away. >> the supreme court ruling on the new, president's new health care law. could come any day. could come any moment. martha: 10:00 perhaps. bill: 10:00 eastern time is normally when decisions are announced. either way this shakes out. what can you expect when you heading for a doctor's checkup? the doctor is in the house to tell us. stay tuned on that. good morning! wow. want to start the day with something heart healthy and delicious? you're a talk

>>neil: steve moore caught the same, does congress spend money on tax cuts?selling author from "wall street journal" and what do you make of that? >>guest: there -- everyone is tag about the tax cliff. bernanke talked about it in his testimony. and it is so important for people to understand, there are two cliffs. one is the spending cuts that are scheduled as part of debt reduction deal. the other is the big, what we call tax-ageddon. my view is that the tax, raising the tax rates is a disaster. it would hold back business expansion and possibly cause a double dip recession. but, senator casey is wrong. i think bernanke is wrong. i think half of the economists on wall street are wrong saying cutting government spending is bad for the economy. it isn't. because when the government spends a dollar that dollar is taken from people. it is taken from you. or me. or the bond market. >>neil: but what about equating tax cuts with that. >>guest: ridiculous. a tax cut allows to you keep my own money. >>neil: but it leads, initially, to washington. we give it to them,

steve moore has studied this case on its own and says jason puracal could have been targeted by authorities because he's a wealthy american. >> they claim head had all this money in bank accounts. okay, fine. but jason called witnesses to show this is my money. i'm a witness, that's my money in an escrow account to buy this property. the judge declared that inadmissible. >> the prosecution was also unable to prove that money changed hands between puracal and the other 10 traffickers who told the judge they never even met jason. >> the prosecutor and the investigators are saying there's money laundering going on here. this guy did it. you're going to have to take our word for it. >> but despite the lack of evidence, or any evidence according to his lawyers, jason puracal was still found guilty and sentenced to 22 years. >> they're accusing me of international drug trafficking without any drugs. money laundering without any money. organized crime with other 10 people charged in this case and i don't know any of the other 10. >> he's filed an appeal but that has gone nowhere. cnn has tried to

he co-wrote this op ed along with our pal steve moore. there it is.your piece, you mentioned that president obama has been bragging that he's the lowest spender in 60 years. you say it's bill clinton. who is right? >> well, bill clinton was great on spending throughout the full eight years in his office. i pleen, as you know, i supported clinton in both terms and he cut spending a lot and frankly as a result of getting out of the way and bringing government out of there, we had one of the biggest booms in all history. bill clinton did a great job as president. he cut tax rates as well on capital gains, cut them on elderly workers. he cut tax rates in his first two years of office. he was spectacular all the way through. i think he was a great president. >> is obama a hero or a goat? and what about george bush? is he a hero or a goat? >> well, let me just tell you. that obam in during all the years of george bush's big increase in spending, which were george bush's last two years in off the, he spent, i mean, huge increase in spending as you can tell f

steve moore. great to be with you.ut down on your medical bills, who doesn't, right? doctors are offering a little-known discount on your medical care but there is a catch in this. but this is some story. a live report coming up next. plus the miami heat live to play another day. >> down low against ray allen. jump hook won't go. james comes plying in and -- flying in and throws it down. he has 27 first half points. gregg: 45 in all. it was a smackdown at the garden, beating the celtics in the nba eastern conference finals. the series tied at three. the game 7 tomorrow night in miami. winner facing oklahoma thunder in the nba finals. i was just in oklahoma city. they are jacked up. >> thrown away by wade. gregg: welcome back. an oregon woman getting the scare of her life while mowing her lawn, running over a rare giant spider. this thing was as big as a buick. maybe not a buick but big. amber kincaid said she saw something really big sitting there. right away she knew this was no ordinary spider. >> thought i ran over

steve moore is a writer for the "wall street journal." 's a secret meeting, now, steve so both side can speak freely. what are we doing? >> this has been quite a week. you're right. it started out with president clinton saying maybe we should suspend all these tax increases. then he got smacked down by the white house and they said you're free-lancing, you're not taking the party line an quickly retreated. you also had a top economist from the obama administration, larry somers who said this week, maybe it's time not to do this tax increase. what this is all about as you aptly put it on january 1, 2013 we will have this big tax time bomb explode, higher capital gain taxes, higher dividend taxes. higher small business taxes, and more and more politicians are coming to the conclusion that this is a disaster for the economy. that's what this is all about, jenna. it will be interesting to see whether the white house pre streets from this and says, look beings given the state of the economy, the lousy jobs numbers, the lousy stock market and gd

flynn is senior market analyst at price futures group, also a fox business network contributor, and steve moores senior economics writer for "the wall street journal". welcome to you both. steve, why are prices lower? >> well, look, like everyone, jenna, i love the idea of paying less than $3.50 a gallon. it just made my weekend. but, you know, part of the reason that the gas price is falling is we are producing more oil and gas in this country which is the good news part of the story. the bad news part of the story, jenna, is the major driving force for this decline in gas prices has been the global economic slowdown. there's much less business production, so industry is usingless oil and gas -- using less oil and gas, and that means as demand has fallen, so has the price. and that's the real danger point that maybe this economy is slowing down so much, people are going to pay less for gas, but they may not have jobs. jenna: and that's the trade-off. phil, i gave steve the first question so we could salute you because you predicted this way back in february. you said gasoline prices were going

a sprint store, or call 855-878-4biz. [ chirp ] >>> we're joined by stephen moore and diane swonk and mohammed al arian. steve is going to make the argument for why you out there should not feel as pessimistic about the economy as you do. steve? >> i think there is too much doom and gloom herement fir. corporate balance sheets are so much better today than they were three or four years ago. that problems that corporations had, they're sitting on a lot of money, trillions dollars of money that is ready to be reinjected into the economy. second of all, i do think you're going to see a bipartisan agreement in 2013 to really fix the tax system on the personal side. >> really? >> i really do. consensus is coming that the tax system is now -- >> do you think that people in congress -- do you think they see things differently? we don't compromise. we don't go to the other side. >> i think that's going to change. i think we're going to sigh' ee reduction in the loopholes. one last thing, the energy future is so positive for the u.s. in the next 10 or 15 years, we could actually be exporting energy, oil and gas. so al

steve strasburg. they sweep the blue jays, and they won six in a row for the first time in 24 years. here's rookie tyler moore getting his first career start at first base. boy, would he make the best of it. two on, laced this one into the gap in left center, then boop, bounces over the wall. ground-rule double gives him his first career rbi. that gives the nats and strasburg a 2-0 lead. top of the fourth, tied at two, moore at the plate again. bye! see ya later, wouldn't want to be ya. over the fence, two-run shot. nats are up 4-2. new pitcher in for the jays, doesn't matter. tyler moore again, over the fence in center field. kid went 3 for 4, two home runs, five rbi, what a way to start off. career day. now stephen strasburg dominant on the mound. good-bye, he's done, swinging, strike three. strag burg six innings, eight strikeouts, but the bull pen comes in, does not allow another run, nats sweep the series. now six in a row here's tyler moore on all those home runs. >> it felt pretty good. it's just -- i'm just so happy for this team, very honored to be a part of this organization. this whole season, but

steve and norm for a terrific debate. [applause] [applause] >> they showed their great intellect and stability. i would like to note that this and debates are available at aei.org. i would like to note that moore'sook will be available for purchase after we adjourn. here is the book, "it's even worse than it looks." please look at these two gentlemen. the title of this book is "it's even worse than it looks." look at them. they are even better than they look. thank you very much. [inaudible conversations] [inaudible conversations] >> up next on c-span 2, senate finance committee chairman max bachus talks about overhauling the nation's tax code. then google discusses the history of the internet. >> the lettuce and british media investigation continues all this week in london. in testimony on monday, orden brown was critical of rupert murdoch. his son, james murdoch commander edition newspapers. tomorrow, john major and ed miller band testified before the commission. wednesday, it is deputy prime minister nick clegg and thursday, david cameron will take questions from the levinson inquiry. we will have live coverage starting at 5:00 a.m. eastern here on c-span 2. >> nancy pelosi began her career i