you and senator dorgan brought out some key points.large tax breaks for the wealthiest. you said from 35% to 25%, it's actually 39.6%, because if we don't do anything, the tax rate goes back to 39.6 january 1st. that's a huge give away to the wealthiest people in the country. corporation tax rate goes down from 35% to 25%, and then he does this kind of magic asterisk thing and says we're going to make up this lost revenue with getting rid of tax breaks. and ryan has this reputation of being the truth teller. what tax rates are you going to get rid of? >> how much is it worth? >> you got rid of that you would get over $100 billion a year in revenue. i mean maybe he is going to tell people that, but put it on the table. it's one of these things where he has got the giveaways, and these big tax breaks for the wealthiest people in the country. if he had his way that's what is down there. then unspecified -- you know taking away these tax deductions we don't know what they are. >> because he calls it the path to prosperity obviously he was

sot dorgan: 3:56-4:06 our money is going overseas inn many casee to countries that don't like us.l. and frankly enough oo that american dollar spills from the barrel that funds terrorists that comes back o haunn us. broll: keyestone broll starting aa ;;6critics say the president'' rejection of the keystonee pipleine expansion because f sign of his energy policy failure. keystone would have connected oil frommcanada to the u-ss the gulf of mexico and the rest of the oold. broll: backtimeethe clinton &pinto hereeven former presiden bill clinton believes the obama administration needs to take action now. sot clinton keyytone ::1-40so i think we should embrace it and develop a stakeholder driven system of high standards for doing thee workk sot heritagee 1:1991:30 to me it seemed like a nn brainer. it was something thht would have created jobs, created economic activity and brought up to 830,000 barrels of oil per day on to the global marekt. broll: wpec drilling gulf broll starting at 1:05 and 1;;22n novembbr of last year,,the president placed a 5-yyer moratorium on new off-shore drill

broll: backtime his sot head over the introffrmer senator byron dorgan...sot dorgan 47-51what we need. sot dorgan: 3:56-4:06 our money is going overseas in many cases to ccuntries that don't like us.l. and frankly enough of that american dollar funds terrorists that comes ;26critics say the president's reeection of the eystone pipleine expansion because of environmental concerns is a sign of his energy policy failure. keystone would have connecteddoil from canada to the u-s, the gulf of mexico and the rest of the world. broll: backtime the clinton sot for the ttlking head cover into hereeven former president bill clinton believes the obama administration needs to take action noo. sot clinton keystone :31-40so i think we should embrace it and develop a stakeholder driven system of high tandards for doing the work. sot heritage 1:19-1:30 to me it seemed like a no brainer. it was something that wwuld have created jobs, created economic activity and brought up to 830,000 barrels global marekt. broll: wpec drilliig gulf broll tarting att1:05 and 1;22in november of last year, the president

that's former senator from north dakota byron dorgan. up next we are just getting started picking apart mr. ryan's budget. and let's face it there is a lot to pick apart. you are watching "the war room" only on current tv we'll be right back with you. the real world. it has under-seat storage to bring everything, available seating for up to seven people to take everyone, and the grip of available all-wheel drive to go everywhere. think of it as a search engine makes me look like my dad... in the 70's... man. now this makes me look a bit too...artistic! [ shivers ] in the winter i grow it out... but i keep it tight. it's not like i'm hibernating. [ male announcer ] master your style... even trimming, a close shave and accurate edging... with the new gillette fusion proglide styler. every bit of hair means something. ♪ >>> welcome back to "the war room." we have been following what has been going on in illinois tonight, just to give you the final results. it has been called for governor romney. there is about 45% of the vote in. 50% to rom

>>i thr dorgan predicted sae compartments whh ulveee wod' h aiste th'sheeaise.te in e exuberance. tusutoavbn omhi wl,ompeleowayheean, t pofs erol eaedt t d ac le ince dikevytngls, o ul bke a wnooc ni reuls >u di'tsk the pson, the homeowner whohoserour g. show me proof of your savings." >> that'right. but can you imagine that you publicly acknowledge that you were creating products and sellg emntthmae that had no documentation or less than normal required documentation? and this was -- it's sort of like taking a product and puina on it and saying, "this might be oin,anpuinit on the supermarket shelves. >> you know and i think, "well, human beings certainly can go insane. so can systems, gh" >> yeah, and so can groups of human beings. in the '90s, the investors took over. and they basically said to management, "we don't care what you do. n'ca my ive jets, houses, golf courses, imming pools, whatever you have, as lo ashicgo. if share price goes down, we're going to get rid of you even if you're good." and managers started being scared of their stockholders and ths ea of shareholder v

they hadn't been warned. >> i believe that when this legislation is enacted -- >> remember byron dorgan? he sounded the alarm about the dangers of striking down glass-steagall. but his concerns were dismissed by wall street, by the clinton white house and most of his own colleagues in congress. but on the day of the vote, the senator from north dakota gave one of the most prescient speeches in our political history. >> i worry very much that the fusing together of the idea of banking which requires not just safety and soundness to be successful but the perception of safety and soundness to merge it with inherently risky speculative activity, is in my judgment unwise. i think we will in ten years' time look back and say we should not have done that. >> ten years later, 2008, your prophecy came true. our financial system came crashing down, and taxpayers, as you had predicted, had to bail out the banks, just as you said we would. what did you know that no one else knew? >> i don't know that i knew something. i felt something very important about all of this. i you know, i had read what we

your book is "blowout" and former senator byron dorgan, ails a pleasure. >> let's do it again. i'm really really anxious to see the show. >> thanks, senator, appreciate it, talk to you soon. >> aw. >> that's so sweet. >> take that ed schultz. >> i'm just kidding. >> he's the first person from capitol hill who ever called up rebecca personally and said can i be on the show? >> she probably hung up. >> yeah, this is senator dorgan, and i'm the queen of england. >> well, you give me your cell phone and how about you, see if this is -- i'll call you back and see if this is really a number. give me your digits. i've got to go. >> let's go to eva in miami you're on "the stephanie miller show," hi, ivas. >> ivas. >> good ivas. >> i've been listening, this is not the first time trying to make this call. >> rebecca's tough. >> well, i just wanted to call and make a few couple little points. i'm from miami and i feel for the trayvon martin thing but it's kind of like i've been living here all my life, i got to realize something. we live amongst people that still, i don't want to say it b

brian dorgan is here with us. i wanted to put up my four favorite budget frauds from paul ryan's new plan to see how you would react to that. my first fraud in ryan's budget is that he's no fiscal conservative. interest in the national debt is the fastest growing program in ryan's plan, and he doesn't balance the budget until 2040, and then only on phoney assumptions. what kind of fiscal conservative is that? number two, paul ryan flunks math. he says we can double the number of seniors on medicare without raising taxes on anyone. that is not reasonable. anyone who looks at it knows. number three, he's a hypocrite. ryan says obama's health reform is a payoff to the health industry. that's a laugh. but ryan voted for exactly the same approach for the bush drug plan which gave insurance to private insurers to expand coverage. skpl and lastly, he's not courageous. he plugs programs for the poor. how would you box me on those early frauds? >> you get a pass grade, my man. it's hard to have a debate with someone who th

sot dorgan: 3:56-4:06 our money is going oversses in many cases to countries that don't like us.l.ouuh of that american dollar spills rom the barrellthat &pkeyestone broll starting at ;26critiis ssy the preeident's rejectiin of the keystone pipleine epansson because of environmental concerns is a sign of his eneegy policy failure. kkystone would ave connected oil from canaaa to the u-s, the gulf of mexico and the rest of the world. broll: backtime the clinton sot for the talking hhad cover into hereeven ffrmer president bill clinton elievvs the take action now. sot clinton - keystone :31-40so i think we should emmrace it and develop a takeholder driven system of high standarrs foo doing the work. sot heritage 1::9-1130 to me it seemed like a no brainer. it was something thatt pould have created jobs, created economic activity and brought up to 830,000 barrels of oil ppr dayyon to the global marekt. broll: wpec at 1:05 and 1;22in november of last year, the president placed a 5-year moratorium on new off-shhre drilling productioo. but already in the countriis have leased oil producin

senator byron dorgan's new novel puts america's energy crisis in a totally new light.ng "morning joe" brewed by starbucks. dor not in this economy. we also have zero free time, and my dad moving in. so we went to fidelity. we looked at our family's goals and some ways to help us get there. they helped me fix my economy, the one in my house. now they're managing my investments for me. and with fidelity, getting back on track was easier than i thought. call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. if you're looking for a place to get together, you came to the right place. because here at hotels.com, we're only about hotels. finding you the perfect place is all we do. welcome to hotels.com. >>> i transmit this information. that is a sentence that should only be spoken into a shoe phone. i wonder if russia has been our enemy for so many years because everything they say just sounds evil? maybe it's just all been a misunderstanding of tone and syntax. we would go, hey, man, is dinner ready? and in russi

i hope to be as old-fashioned as senator dorgan who warned us that lowering the barriers that protect us from financial catastrophe can only destroy jobs, not create jobs. destroy jobs. i hope the senate will turn away from the house bill that threatens more fraud, more abuse and renewed crisis. i hope the senate will embrace reforms that are present in our substitute amendment, that give our innovative companies the chance to compete without endangering investor confidence or the stability of our economy. and, madam president, i note the absence of a quorum, and i yield the floor. the presiding officer: the clerk will call the roll. quorum call: mrs. shaheen: mr. president, i ask that the quorum call be lifted. the presiding officer: without objection. stphaoepb intervene thank you. when i talk to small business owners in new hampshire, one thing i notice consistently is access to capital is a real challenge. while our communities banks have increased their lending, capital access from large banks and other entities has been very hard to come by. as a result, small businesses fightin

rebim yourselfing folks, they are going to quit providing. 31%, this is according to that factcheck dorgan folks that look at the claims this is what they say. 31% of primary physicians restricted medicare patient in their practices. you know what that means? 31% of all the doctors in the land who provide primary care services, those most needed services said they do not take every medicare patient that comes knocking on their door. they can't. they restrict how many medicare patients they will take into their practice. we are putting docs out of business and into retirement, who is going to provide the care, mr. speaker? who is going to provide the care if we force the people who do it today out of business tomorrow? 62% of family practitioners would stop accepting medicare patients if reimbursement rate cuts follow current law. hear that, mr. speaker. hear, -- hear that, mr. speaker. if current rates follow the current law -- i'm not talking about if a new draconian procedure gets put in place or a future crazy congress tries to socialize health care, no, no, if the current law of the la

senator byron dorgan former studio. i wish he were still there.so going to be joined by sandra fluke. i think that's how we pronounce her name. we've said it fluke, but she is the now famous georgetown student who stood up for women's rights and was attacked mercy mercilessly by rush limbaugh. unfortunately, he is still on the area and avery friedman our legal guru is here to take a look at the latest on the trayvon martin case. let's get right to it but first. >> the full court press. >> bill, what would you do with over a half a billion dollars? >> ask me saturday. >> yeah. tonight's mega millions jackpont is workth an estimated $540 million. it's the lottery largest jackpot in history to seeday as more tickets are purchased, the drawing at 11:00 o'clock eastern tonight. lump sum payment options, current value, $390 million. >> now, here is -- yeah, but here is what gets me. this is counter-intuitive because the bigger the prize, the less of a chance you've god to win. >> yeah. >> but the bigger the prize, the more people who buy tickets. right?