joining me now the founder and president of the center on budget and policies bob greene stein, he's the recipient of the moynahan prize of civil and social science. thanks for joining me tonight. >> my pleasure, lawrence. >> walk me through cut, cap and balance. i haven't studied it, bob, because i don't spend a lot of time studying things that aren't going to become law. >> the cut part has cuts so deep so fast starting october 1st, 75 days from now. they're so deep at a point when the economy is this weak that based on mainstream economic estimates it would cost about 700,000 jobs in the fiscal rear that starts october 1st. the cap part is more severe than the cut part. the cap part would put a cap on the total amount of federal spending allowed each year for the next ten years at precisely the level you get to if you do every one of the cuts in paul ryan's budget. it would lock in and effectively require future congresses and the president to do the ryan budget in full with its medicaid, medicare, education and other cuts, and then the most extreme part is actually the balance par

[applause] >> i'm delighted bob stein is on the panel, a father of three who lost his job last year. after working more than 20 years in sale and another six as a custodian at a parochial school, bob was fired and replaced with a cleaning surface. i went to parochial school in new jersey, so the nones would be upset to here me call a a public school. he was replaced with a cleaning service, and he'll tell us a little bit about his hunt for a new job which has not been easy. welcome, bob, and thank you. [applause] >> the empty chair there is not because anybody feared showing up to debate us today. al franken fears nobody. [laughter] he's going to be here later and wrap things up for us. senator franken grew up in st. louis park, minnesota, and spent 37 years as a come -- comedy writer. i wish he'd let it rip here and do a routine about the shenanigans he's seen since coming to washington. he probably won't do that, but he'll be with us, and we're be looking forward to that. let's get busy and do some work here. since we're talking about the real world, bob, why don't i just start with

[applause] >> i am delighted that bob stein is also on the panel, a father of three who lost his job last year. after working 20 years in steals and six as a cues toadian as a parochial school, he was fired for a cleaning service. i went to a catholic school in jersey, so the nuns would be upset to hear he call it a public school, it's a parochial school. he was fired and replaced for a cleaning service, and eel talk about his hunt for a new job which has not been easy, so welcome, bob, and we welcome you. [applause] the empty chair there is not because anybody feared showing up to debate us today. al franken fears nobody. [laughter] he's going to be here later, and he's going to wrap things up for us. senator franken grew up in st. louis park, minnesota, was a comedy writer, author, and radio talk show host. i wish he'd let it rip when tee comes here and do a routine about the shenanigans he's sense since being in washington. he probably won't do that, but anyway, senator franken will be with us, so we're looking forward to that. let's gets busy. we'll do some work here. since we're

here's how the head of the non-partisan center on budget and policy priorities, bob greene stein, a frequentguest on this show, described that republican plan today. house speaker john baynary new budget proposal would require deep cuts in the years immediately ahead in social security and medicare benefits. benefits for current retirees. the repeal of health reforms coverage expansions or wholesale avis rags of basic assistance programs for vulnerable americans, the plan is thus tantamount to a form of class warfare. if enacted it could well produce the greatest increase in poverty and hardship produced by any law in modern united states history. this may sound hype bolick, but it is not the mathematics. on a night when the democratic president and the republican speaker of the house both had the chance to address the american people, it's worth remembering where the american people stand on the issues at hand. a pugh poll released just last week shows 50% of republicans, 53% of independents, and 72% of democrats say we should maintain social security and medicare instead of reducing the de

[applause] >> i am delighted that bob stein is on our panel. s a father of three that lost his job last year. after working more than 20 years year in sales, and another six as a custodian, bob was fired and and replace with the cleaning service. he will tell us a little bit about his hunt for a new job, which has not been easy. welcome, bob, and see what. [applause] -- thank you. [applause] >> the empty chair down there is not because anybody feared showing up to debate as today. al franken fears nobody. he will be here later, and he will wrap things up for us. senator al franken grew up in st. louis park, minn., and spent 37 years as a comedy writer, author, and radio talk-show host. i wish he was elected reps and will retain about the shenanigans' he has seen since he, -- since he came to washington. let's get busy. we will do some work here. since we are talking about the real world, bob, why don't i start with you? exactly how long have you been looking for a job this last time, and give a sense of what that has been like? >> i have been un

bob, very much. >> that will work out in '64, pat. >> more "morning joe" ahead with sam stein, michael steel and chuck being produced to power our lives. while energy developement comes with some risk, north america's natural gas producers are committed to safely and responsibly providing decades of cleaner burning energy for our country, drilling thousands of feet below fresh water sources within self contained well systems and using state of the art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment we are america's natural gas. and clean for our communities and the environment woman: saving for our child's college fund was getting man: yes it was. so to save some money, we taught our 5 year old how to dunk. woman: scholarship! woman: honey go get him. anncr: there's an easier way to save. get online. go to geico.com. get a quote. 15 minutes could save you 15% or more on car insurance. >> ( rooster crows ) >> by 2020, 50 billion network devices will roam the earth. that's seven devices per person. this will change how we

ben stein, a speech writing, suggesting they try to help the president's popularity by getting a country song written or john wayne give a speech. a message from gergen saying they got a call from bobhe goods on the coverup and later another memo saying that the white house council is telling the white house council the story might never run because, quote, it is not well-sourced at this point. rebecca? >> wow. bill plante at the white house. thank you. joining us now, bob woodward, subject of the note, and for the record, his sources stood the test of time and coverage of the watergate scandal. how much does all of this surprise you? >> it's interesting because this is 38 years ago, carl bernstein and i were doing this reporting for the "post" talking to people, getting lots of detail about the coverup, about illegal campaign money, dirty tricks, and it was an era when you could go to the white house and talk to dave gergen for an hour and a half and spell out what we had and say, what can you give me guidance on, what's your response? and there was no rush to print. we eventually printed all of these stories, but sometimes it would take weeks. >> you bring up an interesting point