kakkad alan simpson's turn out and then. he comes. out on auditions country. if i find. i tried for dying of hunger we have having thought about having money. over sixty three percent of gdp. under all but young young. right. cations one point. as a young young chechen version he teaches him canyons. i i asked him if i tried to focus on the. i will say they don't feel that they have they have delayed a little bit on the chechen. but the chechens ad nations i joined it was easy and i. know he's a he's a semester at. and i said. you know you're going to see. the night night. now the idea. that no we don't. suggestions that they're not quite quite. well that was. the threat friendly in the actual jointly and if if he does te solicited is easy but it but it was. canceled with within the country. lots of interesting. and if you've been in a. he needs you few in blind eyes and was a little bit and see how many. people ths lying to the facts commitment he fifty gb twelve point one one. actions. when i when i was going to be going on with. the audiology. we agree with your dog.

. >> when we come back former republican senator alan simpson joins rick santelli to get his take ons and more. another look at stocks at this hour the steepest slide in the s&p 500 and the nasdaq since the beginning of the month with all 11 s&p groups trading lower. "squawk on the street" will be right back we took legendary... and made it liberating. we took safe... and made it daring. we took intelligent, and made it utterly irresistible. we took the most advanced e-class ever... and made the most exciting e-class ever. the 2018 e-class coupe and sedan. lease the e300 sedan for $569 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. you or joints. something for your heart... but do you take something for your brain. with an ingredient originally found in jellyfish, prevagen is the number one selling brain-health supplement in drug stores nationwide. prevagen. the name to remember. >>> welcome back facebook trading in correction levels this morning. dominic chu at headquarters for our etf spotlight at how the stock is dragging down other names this morn

former debt commission co-chair alan simpson joins me on the phone right now.enator, you've been blaming both parties for this runaway spending that knows no pause. we're lookly looking at a trillion dollar deficit this year when all is said and done. your thoughts. >> neil, you've been a great paul revere but you have no horse. you've been sending out the warning but it is too slow. nobody is listening. it is, i'll tell you, the thing that capsuled it for me, watch these young people march on washington. let me tell you in 16 years, 16 years you're going to see the greatest march on washington you ever seen because these young people and they're going to waddle up to the window of social security and get a check for 23% less. the trustees of the system are saying that. and everybody is, the tea party is doomed because their whole issue was cut spending. all their buddies just said, well, we can't do that because we want the gravy and we're sorry about not wanting to do revenue. so, you know, we'll just hand it to our poor old grandchildren. what a disgusting t