in fact, by the cbo data, according to the cbo data, republican tax reform reduced federal taxes for every household across every income level, but increased the share of taxes for the top 1%. so i know it's, it's, as we talk through numbers, there's percentages and dollar amounts, but we need to make sure that you know what the, what the true effect is. and i know as irm from georgia, but uh buddy carter was talking about, there's a whole host of statistics. we could talk about whether it's the, the $36 trillion in debt that we're at or the, the 75 to $100,000 a second, depending on which day you calculate, uh, the amount of money that's being borrowed. uh, we've got to focus on several things and, and instead of talking about that a little bit, i want to talk about something. i know that mr walker talked about in his presentation is doge and the government of the department of government efficiency and the launch of the doge caucus here in congress. i know it's going to present us with a wide range of options and recommendations and these ideas are just starting to look at how do w

liz: the cbo reports says u.s.own from 2.3% this year to 1.9% next year and slip to 1.8% in 2026. i mean, we had a third quarter 2.8 but the cbo is saying the economy is slowing down and wait for this. the cbo says the u.s. will only add around 50,000 jobs a month by 2026. the unemployment rate will tick up to 4.4. this is not good news. this is out of the cbo the media and democrats kept touting. >> well yeah, and that's why i have confidence that with this new administration with the incoming president-elect donald trump, look, i think in part the reason why the biden administration failed as i pointed out joe biden has been in political office in d.c. for over 50 years. a lot of the people on his economic team, these are people who have been in academia or who have worked in government their entire lives whereas if you look at donald trump, he's a business guy. this is a guy whose had to solve problems for a living, who has had to deal with consequences of failure and also surrounded himself with if you look at

my point on cbo is cbo has got very pessimistic forecasts.eraging just under 2% growth for the next 10 years. that makes no to sense to me. if we were to to grow at 3, that gives you at least $4 trillion more many revenue. so those cbo forecasts which, to me, are very pessimistic and, hopefully, will not be accurate. charles: you've got a whole lot of pessimism if about the trump agenda. tariffs are inflationary. getting rid of illegal immigrants, even those who commit crimes are inflationary. and some of the other things, to your point, smaller government means less money to go around. so every single day we wake up to criticism over these policies even hoe they haven't happened yet -- even though they haven't happened yet. >> on the government side, they're freeing up money to be more productive in the economy. on the tariff, it's a price level adjustment. and in the case of '18 and '19 with china, input prices from china actually fell. china absorbed the full margin. so it seems to me this notion that some of these policies are inflationar

and the cbo that applies to dbi cbo grants, which are dbi only general fund supported expenditures. so we were given the amount that will be in the department's budget submission. that's the $3.672 million, down from the 4.32 as approved last year. there is a lot of uncertainty with the budget overall. we have a new mayor, a new administration coming in, so it remains to be seen what the new administration will do, what changes they will make in the mayor's budget office, what their priorities will be. so we have i think the whole city is in a general holding pattern. they've been told to make these reductions for now, and then we will have new conversations in the mayor's phase of the budget with the new administration. and also recently, after this presentation was developed, we learned some news about one of the cbos that i'd like to share, casa justa just cause one of the smaller psyop program cbos has let us know that they will close permanently and cease operations very soon, december 20th. so we're meeting with them to determine what that means, what the impacts are. are they

in budget years 11 to 30, based upon cbo estimates of preventive health savings legislation. now, i have no doubt that preventive medicine saves money. but putting mona fund for -- but moaning money in a fund for 11 to 30 years out can only lead to what we know happens too obstruction of justice -- too often here in the united states senate of budget gimmicks, saying that we're going to use funds in a certain fund. well, that's perfectly a legitimate thing to do, but you have to have confidence that what cbo says about that is going to be legitimate and have credibility. and so what i've been trying to work out with representative burgess is just exactly to do that. yeah, put this fund out there, as you say it's going to save money, but i want to the make sure that cbo, when they say something, we have a way of verifying that. so i want to the say that i appreciate the intentions of this bill. increasing preventive health care to improve health outcomes and help patients and taxpayers avoid costly treatment and services down the road is a laudable goal. however, i'm concerned

the amount of money being spent on these programs is hundreds of billions of dollars more than the cbo ever anticipated spending. you know what else, people are not interested even with the subsidies for buying these electric vehicles. we have seen it. the price sales for electric vehicles has been abysmal. even withhi the subsidies. many many workers who lost their jobs because of companies being forced into making electric vehicles. ford and general motors have announced massive losses pushed by the administration. no matter anyway you look at it, these things are piling up on the lots. they tell me they cannot sell these even at a loss. the american people do not want to be told what they have to buy get rid of the car ban in these car by -- car bribes and put american drivers back into the driver's seat. >> was five years since the first case of covid was reported today throughout government offices, not a creature is stirring, not even a mouse. this is my telework report. it has revealed who was naughty and who was nice. before covid about 3% of the federal workforce was teleworki

that seemed to be so good that we were incorporating our cbo? >> there is distinctions and i'll let jeff add. >> maybe give us a sense because it is a unique project. >> it is. >> wondering if there is anything we should be made aware that what we are not getting or so we don't have a false expectation. >> firstly, for das for our department, our target population are older adults and people with disabilities so the information that will be searched from the tool should be-the result should show specific programs for that target population and for dph there is difference. >> okay. just so we have a sense. thank you. >> again, jeff, the deputy cio and run the it department, so you might get it flavored answers here. from the perspective of the question you are asking, there is one tenant sacred to us with this particular project and partnership. it is really about the community agency and insuring that they have one place to look for this. we have big it departments and we work together. the agencies that are providing the services to our residen

short-term challenge and everything you've been talking about this morning reflect the difficulty, cbos so of course we are working with them and supporting them wherever they end up and we worked to have a cost estimate available as soon as legislation moves forward. neil: i know you try to be bipartisan but doesn't worry when the president-elect says get rid of the debt ceiling altogether entirely? i am wondering, does that complicate things? >> an interesting issue because the debt ceiling is important to many people, a way to focus on the fiscal situation and demand the attention of policymakers but it has to be raised in the consequences of not would be catastrophic. so it is both, certainly focuses attention and from my perspective anything that focuses attention on the difficulty of the fiscal challenge is welcome. even when it's difficult as we see the situation now. neil: we have elon musk and vivek ramaswamy combining forces. there are a lot of congress men and women who say all well and good but that is what congress is supposed to do, not these guys, they worry about the pr

point is, revenues have almost doubled from what the cbo suggests, there was no loss of revenues all bs, and steph moore and i have been talking about current services baseline to be current policy baseline, you don't score spending as no deficit impact but tax cuts having a deficit impact that is malarkey, that is absolute malarkey and the cedthe idaho senator crapo is right. >> you know, larry, you are right, i just love being on with you and grover and steve, and i wish that steve forbes were here too we would have the whole gaining together. you are right a tax cuts and jobs act pay for itself in first two years and increase in total federal revenues from prior two year was higher than prior two years to the two years prior to that. now we get the corporate tax revenues are up, this is is amazing they really work, people don't waste their time on high taxes, they just wait, when the break comes they take off. and also the poverty levels were lower, and economy did well, it was a win-win-win across the board, bringing it down to 15% and doing what steve and grover suggested is gre

jacqui: what's your bumper sticker message for people looking at the cbo, and the stock market and that the mood is dampened. >> and i think it's taken a breather, it went up 1500 points when trump was elected. stay the course, we have the best economy are, and the rest of the world is looking at the united states with envy what we're going to do in this conduct. it's a great time to be an american and an investor in american companies. jacqui: stay the course, that's the bumper sticker message. steve moore, appreciate it. >> merry christmas, thank you. jacqui: merry christmas. >> jacqui, thanks. the consumer financial protection bureau sued jp morgan chase, wells fargo and bank of america on friday claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular payment network zelle in violation of consumer financial laws and bank of america said it strongly disagrees with the lawsuit saying would add, quote, huge new costs on banks and credit unions offering the free zelle service to clients. jacqui. jacqui: several venezuelan gang members arr

the cbo estimates from 2016 before the first trump tax cuts, then 2018 gaffed wards. (accucapnt trial version) 22018 afterwards.the revenues d from what the cbo suggested. there was no loss of revenue. it's all bs. the current service's baseline should be a policy baseline. you don't score tack cuts as having a deficit impact. that's absolute malarky and the idaho senator, mike crepo is exactly right. >> larry, you're right on that. by the way, i just love being on with you and grover and steve and i only wish steve forbes were on here too. we would have all the all gang together. it would be great. but you're totally right. (accucapnt trial version) the tax cuts and jobs act paid for itself in the first two years. the increase in total federal revenues from the prior two years was way higher than it had been from the prior two years to the two years prior to that. i mean, now we even get the corporate tax revenues are up. it's amazing. these things really work. people don't waste their time on high taxes. they just wait and when the break comes they take off and also

ready ringback for cbo, when you love that guy in boy e, i need to buy you watch too much. indeed. tv johnny murphy, sorry. julia steve on us as though uh, somewhere in your, excuse me we seem you picked it up over the phone with us here. this little 940 to the customer. chunk assembly has a wonderfully unusual lineage. the siberian dentist thing was even nominated for a family sort of lot in 2008 and received the title family of rush at the criminal . but even more important to the lifetime of work study in the family tree is now an examples to future generations receiver, gm store. so most of those of you, so not guess oregon is actually these national it. i see you're more from the more stuff you boss me. yeah. it's a judas, su wolf. who are the appearance that i see? yeah. awesome. may assist you. that's on our side of the phone on the the one with the pool, so normal and so forth. let us know some of the images on some ground squared amount from that's why little you much roy watched the dealer words the which isn't going to do with me as well. when i go and still able to star

you fucked over itself off for cbo, when you love that guy in boy e, i need to buy. you must indeed be john d months. you saw the julia you'll see my sister in law somewhere near. excuse me. we seem, you put the phone with that the here, this little night for 0 to the customer. chunk assembly has a wonderfully unusual lineage, disability and dentist. thing was even nominated for a family sort of lot in 2000 to date and received the title family of rush at the criminal. but even more important to me, lifetime of, with studying the family tree is now and examples to future generations. receiver, gm store. so most of those are piece or more abusive we're getting, this actually is nationally and i see you more than we're still here with me here. if that you just you or the appearance that i see you awesome may assist you. that's on our side of the phone on the the no better place to be the village in the sun is beautiful features is purely anarchist in the sense that there are no authorities within the city. everyone is their own citizen. half the people are here because

this is partly on our department to be clear that we have metrics we want to meet to help the cbo's meetm and show case to the board to you all on commissions we are meeting those moving forward. in terms of contractual services professional services we hire, there will be a lot of scrutiny. anything not performed by staff look at those we don't have a lot of those osb it is something this is citywide direction. eliminate vacancies on staffing side don't add new ft e's the hiring we do are replacing positions vacant and everything stable and very hiring freezes no layoffs that is good. but it does mean we will have to work with when we have. basicly on a personnel basis. and there are pending directions and i'm sure we will get more. for now e eliminate redundancy so we make sure across department and it is city level that we are not doing the statement thing in different places. and then this is a not note that does in the mean a lot to the commission when we do nonprofit contracts every year we see cost of living or cost doing business increase of 3 business acided to that. it increase

her over to soft cost is um for cbo, when you love that guy in boy e, i need to buy you to miss d. e i d e. sorry, julia c. stella, somewhere in your, excuse me we seem you picked it up over the phone with us here. this little 940 to the customer tank assembly has a wonderfully unusual lineage beside berry and dentist. thing was even nominated for a family sort of water in 2000 to date and receives the title family of russia, the criminal even more important to the lifetime of work studying the family tree just now and examples to future generations receiver cm, storks, most of those abuse or more abuse organ, it's actually use nationally. i see more the more stuff you brought me here at the judas ers eve or do you need a test that i see? yeah. awesome. this issue that's on our side of the phone. the oh, the other many places in the world where you can say you're on the divide between the 2 oceans and the you might not think kids. what does this hey, english is northern, are found guest vision in the channels that us national parks. and today's, we know the stuff was taking a deep

don't have confidence in the cbo. that you should and i would be happy to explain -- >> i would love that conversation. please let us do that. >> the cost of the american tax pay of immigration, legal and illegal can be seen both in the illegal can be seen both in the congressman, thank you. i believe that you should and i would be happy to explain. the cost to the american taxpayer to immigration legal and illegal, can be some -- it seemed both i' the legal and state budget and the economy. what cbo has shown in a recent analysis is that over the last few$6 years is making the federl budget stronger over the coming decade because the immigrants are paying taxes in many cases and not receiving benefits in most cases. not the full assessment. they don't need it to be a full assessment of what the overall impact. >> the center for immigration study puts the cost for taxpayer at 68,000 over the illegal immigrant. the center also states that 4 million children of illegal immigrants cost taxpayers 68 billion in public educ

the cbo, the congressional budget office, which is sort of a neutral scorekeeper for congress, has madeat quite explicit, as have many other outside independent analysts. that would cost quite a bit of money just to extend the existing tax cuts that were put in place in 2017. and then remember that on top of that, donald trump has also pledged to lower the corporate tax rate, down from 21% down to to 15%. also to exempt taxes or exempt from from from income taxes, a bunch of other categories of income tipped income, social security income. uh, what am i forgetting? overtime, income, all sorts of other things. so all of these things would be very expensive in the near term. that would potentially stimulate the economy. but in the longer term, the cbo has found that it would likely slow economic growth and potentially contribute to higher inflation. >> we're going to leave it there. catherine rampell, thank you so much for coming in on this holiday week. appreciate your time this morning. all right. just ahead, a recall this morning after a house cat died from eating pet food. pet food te

all cbos. we got the mayor, london breed. who as she's mayor, got the lowest homicide count since the 60s. and i'm sure you're going to speak on that. that's right. and i just told the sister seven years ago, in this exact same room is where she came when mayor ed lee made the late mayor ed lee passed away when she announced she was being mayor. so thank you. welcome back. it's always good to have you, queen. you know, i am always here representing for the people. we are our district attorney, brooke jenkins, in the house. we got moms demand action. maddie scott from brady campaign. we got pierce's pledge. leslie a mother. we got everett butler, who represents all the lifers. lifers? raise your hand. we have stacey from the dispensary. private sector from the stores, the dispensary world. my sister right here, daisy wright. she's here with steph, my filipino sister. welcome. we have many people here that make this what it is. our 14th annual gun buyback. we have already got 4000 guns off the streets. right? we got 350 assault

some cbo emerson has chosen to donate to are mission hiring hall with cap program. a program afforded to disadvantage students the opportunity to learn soft skills necessary for job readiness. we hired two students from this program. construction industry workforce initiative, a program for college students to align with employers for summer internships and we hosted three interns in the last 4 years. the children book project as you heard, they help students of all ages to acquire books they can keep for free. since the puc has adopted the social impact partnership program, i have seen a great shift in reporting process with newly adopted sip portal. the sip staff is always inquiring about our needs and how to make the process more streamline. this year they conducted the firm convening experience and we had a very good positive experience with them. they are a good team to work with. thank you. >> francisco decosta. >> commissioners, i don't think any of you all have read the emerson report, which was a 15 year contract. in that contract you would see the photogra

that congressional budget office report we were discussing, the cbo talks through why are revenues higher. some is economic growth. some is inflation. some is unexpected sources of revenue like the higher tariffs trump brought in in his first term. it's a complicated question and a complicated analysis to sort out what is moving where. i think it's still fair to say that tax cuts reduce the revenue that the federal government brings in. >> we have a viewer in michigan who directs his comments to corporations. corporations are not regardless of what republicans say paying their, quote, fair share. >> a corporation is a legal entity. the legal entity cuts the check to pay corporate taxes. the burden economically falls on various people, corporate shareholders in the form of lower returns and workers in the form of lower wages. this is what the nonpartisan congressional budget office finds. the burden of that falls on low and middle income households through lower corporate returns if they're invested, they have a pension, 401(k) and through lower wages remembering that economic burden of th

the cbo and committee for responsible federal budget are making assumptions.are looking at the extension of '17. that will expire. what will it take to make that happen? trump talked about lowering the corporate rate yesterday. that upset democrats, not something even some republicans want. there are lots of dials congressional republicans can turn. they just don't have enough things revenue raising that would offset cost. they have plenty of ideas on how to spend the money but how do we pay for it? kailey: dang math is a problem. laura: what else is new? broadly most of corporate america would be thrilled with a lower rate. i wonder about tech companies. kailey: we see a lot of activity for tech companies, the billionaires who lead them when it comes to their relationship with this administration. me donatingta -- meta donating to the inaugural committee and jeff bezos will go tomorrow lotto -- will go to mar-a-lago. laura: we are seeing a lot of these pilgrimages. these donations are unique, they are large numbers. these companies, which tends to be a bipart

. >> it is super bowl of tax credits reconciliation bills renewing tax cuts jobs cbo considers that spending they will have to be huge on discontents huge undertaking you will see president trump regulatory agencies do deregulating bring down energy costs economy moving congress needs to do its jo on permitting reforms securing border, congress needs to help president trump out only so much he can do for his regulatory agencies. cheryl: more than 36 trillion dollars indebted right now fiscal responsibility is i would hope would be number one priority for this congress. >> we shall see. >> getting started this hour coming up a major cyberattack by china, on treasury department raising security fears weeks beforep president-elect trump takes office again, new york congressman mike lawler with reaction warning for republicans who want to oust, house speaker johnson you are watching "mornings with maria" live on "fox business" happy new year. ♪ ♪ (♪) car, this isn't the way home. that's right james, it isn't. car, where are we going? we're here. (♪) surprise!!! the future isn't scary. not invest

david: what you did, and cbo and other idiots inside beltway don't do what you do.ring. we're hearing about 5 trillion, to despite fact it didn't happen in 1920s. it at any time happen with jfk tax cuts or reagan tax cuts o or with the trump tax cuts how many times do you have to relearn, you know who learned it well, large part thanks to you was ronald reagan, have a beautiful old clip from his last press conference in 1988, he was against reporter saying same crap that you hear these days tax cuts your tax cuts mr. president, cost trillions. hire is what ronald reagan said. >> now, with regard to tax cuts, yes, the rates were cut, but since 1981, our revenue from those taxes has increased. by 375 billion dollars and power projection for 1990 and budget now, calls for another 80 billion increase in the revenue, with rates as they are. if you look back beyond us, to coolidge, and his tax cuts, if you look to kennedy tax cut in his administration similar to one we put in never case, it did not reduce the government revenue it raised them. >> art laffer that sounds li

veronica writing i believe it's in reason, she says according to brand-new cbo congressional budget officedget deficit is around 1.8 trillion. it is heading to 2.8 trillion in 10 years. think about this. trillions. assuming a very rosy scenario, worrisome is the interest on government debt will eat up over 20% of revenues in 2025 almost no money left for the other stuff like education agricult agriculture, energy, the federal government debt is over $28 trillion by one measure, iso- one measure its over $36 trillion. she says to trillion dollars more than last year end 6 trillion more on the biden/harris team entered the white house. this debt stands at one 100% of america's gross domestic product. other than a one year exception at the end of world war ii is the highest ratio would never had and the poi in the point iss going up. now what does that mean? that means our debt, right now is as big as all things produced in our economy. our debt as big as our economy in is going to be bigger than our economy soon. what does that mean? it means financial disaster. our economy cannot even keep

have to be recalculated and repriced if on other hand if you want tax cuts, i know a lot of people in cbohat don't want tax cuts. >> i agree with senator crapo, he is right. if you look at just history, it shows when we extended bush f tax cuts we use policy baseline, this is current policy. if congress does not act by end of next year, every single american will face a increase in taxes. this is current policy, if congress does nothing, every american will face a tax increase. larry: that is the risk. it is unacceptable. jason smith thank you for giving us the warning bell we appreciate it. >> good to be with you. larry: all right. now continue this conversation joining us incoming senator finance committee chair, mike crapo of great state of idaho, welcome, sir. i assume you heard the chairman of house ways and means committee, jason smith, he agrees with you. there is a current policy baseline. there is precedent for it no reason whether it has to be priced out all over again. >> that is correct. i agree with jason we must pass this tax bill through reconciliation this year. there is a

windfall, corporate income tax alone has produced bitter than 30% higher revenues than predicted by cbo in 2016, and top 1% of taxpayers may more and more of total share,. that is. the 1099 small business tax deduction, and small business folks with their llc's pay individual income taxes. steve forbes is right. reducing capital gains t tax will generate a massive revenue windfall just as it has in the past. sooner trump 2.0 tax cuts can get moving in congress, happier those working class trump voters will be. and the faster the blue collar boom will reignite. that is tonight's riff. all right. despite all odds and earlier reports we have joining us, great texas senator mr. ted cruz, thank you senator cruz, i was never worried about that, producers get nervous. so, we have a bunch of things to talk about. you are right guy. i just want to start with this issue, now surfacing, i heard rumors about this, i don't know a week or two ago, now we have two reconciliation bills, the first one will have energy i guess border and defense. and then we'll get to the tax cuts later on. in the back-e

i'm averaging numbers that we have but i think the average cbo this euronext is like 3.1. i'm sort of remembering that in my head. in my new york fed lecture which we do for you to again, i went to basically the forecast revisions both all around the world and lots of people have moved up right around three. given that we are in a world where we were thinking we might be stuck in the ones, that's quite impressive movement. if it ended up being 2.9, attempt off of three, then that would still be a good year. >> paul from the "washington examiner" ." >> kind of unrelated question. having worked with politicians, how is trump different being a businessman? how does the approach your information differently than say others? what are your chances for the tao under 36,000 and trump? >> president trump, i'm each person you work with has their own style and so on but i think for the most part president trump's style is similar to that of mitt romney. a little bit of romney, a little bit of mccain. even going back to teaching governments in batch of school come the problem is you'v

if you look at the cbo elections re-election, they were 6% fiscal deficit for the next ten years.metrics or policy proposals which the incoming administration is talking about and you have unified congress, that can go up 8%. that is a business asic expansip of the strong economy. for 2025, we think inflation can certainly be an outcome if the tariffs policy is more moderate than the metric has been. >> right. let's talk about the fed because the recent comments from fed official has been vague saying we'll keep an open mind. chances of a cut are still quite high. why do you think they are providing us with the vague message at this moment? >> i think if you look at the trade policy in the u.s. and fiscal policy in the u.s., it has shot up until the time the new administration comes in and clarity starts to come into play. that will have a meaningful impact on monetary policy trajectory. i think it makes sense to hedge your bets right now because the economy is strong as chair powell said yesterday. then wait for the big policy announcements on the fiscal and trade side to come in

ferry, cbo a little while ago put out a letter, i mean hours ago, i think, and one of their numbers was a dynamic score that at 10% across the board would static decrease deficits by about 2.2 trillion dynamic about 2.1. but if it's a broad-based, are you someone is, you know, because you have pretty good, pretty impressive economic credentials, do you also see the currency adjustment within a broad-based, um, sort of flattened model tariff like that? >> our own model shows with a larger, a larger tariff, 20 and 60. roughly $6 trillion of federal income over 10 years, so that's considerably more, ok, and that's because we assume the economy will grow more than i suspect the cbo does, although i haven't read -- >> they did a 60% tariff, but some of the numbers in there were solely focused on, it looks like on china. but have you ever run the 10% model? >> yes, we've run a 10% model and published it, and it was somewhat consistent with what you're asking about. let me answer your question directly because currency is what you're interested in. >> currency is one of my, because there's a r

david: well you did what the cbo and other idiots inside the beltway don't do. you used dye nominated ic scoring, they use an old fashion green eye shade scoring that says well no it's going to cost 2 trillion and now we're hearing about $5 trillion despite the fact it didn't happen in the 1920s, it didn't happen with the jfk tax cuts, it didn't happen with the reagan tax cuts and it didn't happen with the trump tax cuts. how many times do you have to relearn the lesson? and but you know who did, art? who knew the lesson very well? the large part thanks to you, but was ronald reagan. i've got a beautiful old clip from his last press conference in 1988 where he was going against a reporter saying the same kind of crap that you hear these days that the tax cuts, your tax cuts, mr. president, cost trillions of dollars. here is what ronald reagan said in 1988. roll tape. >> now, with regard to the tax cuts, yes, the rates were cut, but since 1981, our revenue from those taxes has increased by $375 billion, and our projection and we've been very accurate on our proje

chris is a cbo of the ruby at media group.e interest of national security and can tiktok as we know it survive without bytedance? >> tiktok is always been a national security threat. so, can tiktok survive? perhaps but i do not think it is likely. if it is band that will people try to circumvent that band with vpns? guess they will try to do that but i think the larger question is, is tiktok a national security customer i say yes. next why is it a national security threat? one of the reasons why is because of the massive amount of data can collect on u.s. citizens and what can you do with that data? you can use it to train artificial intelligence algorithms and resell that. if you start training on u.s. citizens at a very young age you can use that in a way a former espionage. if you resell that to someone else that date it becomes very valuable to other people. there is a lot of play here. is not just talk about free speech this is a much greater. the stakes are very high when it comes to national security and the future of t