elizabeth mcdonald, rick unger and john tammy. john, why would we want them to do anything with this if this is what we get? >> it's a reminder that bipartisan is the most overrated concept in politics. any time the two parties get together, we've always got to watch our wallets. in this case, it's a normally expensive bill and violates the most basic concept in economics which is comparative advantage. >> rick, cooperation usually means more spending. more spending means more pork and that's not good for the economy. >> well, let's tear that apart a little bit. nobody is going to disagree when we say pork. intellectually, it's a terrible, terrible thing to do and should not drive legislation. what fascinates me, however, well beyond our recent years it's always been pork and it's always been earmarks that are used to get an agreement. the questionyou need to ask is y. why do these politicians require this before they vote the way they should and if they are going to do anyhow, maybe we should bring earmarks back because at least

elizabeth mcdonald, rick

elizabeth mcdonald, emac, good day to tu. did he say anything positive? >> it is hard to find anything positive in his comments here. what he is saying, the size of the u.s. debt is going to restrain economic growth in future years, and going to give dc policy makers less flex eblt as the debt gets bigger and the size and increasing the risk that sometime in the future, investors in the debt could demapped higher interest rates. and here's what is going o. the cbo is expecting exactly below average economic growth in and around starting in 2017 according to the report and the jobless rate will stay above six percent. and what is missing in action in these discussions is the size of the cost of the u.s. debt. it is just $225 billion. and that is about the size of a country of kasisstan. and about the size of belgium. what needs to be in the mix is what taxpayers will owe in terms of interest costs. the federal government collects 2.8 trillion in tax collections from individuals and businesses and the like. that is the issue. >> when you talk about the labo

. >> elizabeth vasquez makes $8 an hour in new york city at a mcdonald's fast food and those who supportould allow me to move into my own place and be able to pay my own bills. >> reporter: but in new jersey, dolores riley say if her payroll costs go any higher, she could be forced to shut down her day care business. >> i don't know if i can make it. i really don't think i can afford it. >> reporter: when new jersey raised its minimum wage to $8.25 an hour in january, riley says out of fairness, she felt she had to increase every employee's salaries. not just the lowest earners. rileys she'll pay an extra $15,000 in payroll this year. >> which is a lot of money. i'm not a rich person. i'm certainly not a gap. >> reporter: the president has urged those to follow gap's lead along with action from congress. >> i'm going to be speaking republicans who are game and to work with us. >> reporter: this week, the congressional budget office raised its minimum wage report one that is going to add to both sides. >> to republicans, the cbo hammers home the hope that if you raise the minimum wage, yo