michael milken, the chairman of the milken institute. back to you guys in the studio. >> still to come here on the show, u.s. prospects are brightening. could it be derailed by the ongoing battle in washington? stay tuned. we head back out to steve to talk market reaction to everything going on with tom finke, the ceo of babbson capital. at farmers, we make you smarter about insurance. because what you don't know, can hurt you. what if you didn't know that posting your travel plans online may attract burglars? [woman] off to hawaii! what if you didn't know that as the price of gold rises, so should the coverage on your jewelry? [prospector] ahh! what if you didn't know that kitty litter can help you out of a slippery situation? the more you know, the better you can plan for what's ahead. talk to farmers and get smarter about your insurance. ♪ we are farmers bum - pa - dum, bum - bum - bum - bum♪ >>> welcome back. you're still watching "worldwide exchange." for the first time in 17 years, the u.s. government will go into a shutdown. steve

that was in the midst of the whole financial milken and he had us shortfall of $2 million what would you have cut instead? >> i would have reinstated the tax on the milk -- the millionaires but it is funny that you should mention that the katchis he talks about what a tough budget he was faced with but governor you a and 49 other states were forced with the recession bottomed you chose it a fact he made state history he cut property taxes ever in the middle of a recession and he cut school and did that have millionaires pay 1 penny more that is not the type of governor. >> the billionaires' tax is estimated to bring $685 million. may be little more that would not plug the $2 billion holds you'd have to cut something. >> as a budget chair weaver in the middle of the global meltdown so to discuss that in retrospect is difficult but when i was in the middle of the global milk down revenues were falling we could figure it out to prioritize and cut $4.5 billion and education is the last place i would cut. >> senator buono did prioritize and she would spend and spend and spend then leave u