neil: the voters decided. neil: they did.inning the pr war, that is, the idea that republicans take, take, take, cut, cut, cut, and there's no reason to cut, and, you know, look at the economy, look at the markets. what are they talking about? in other words, don't pay attention. >> when you have the bully pulpit -- neil: has to be something in the water. they are bragging about it. >> it's a battle. market's up, and i'm not sure why. obviously, corporate profits are up, but when you take into account our debt ceiling issues and then our -- obviously, o national debt and deficits -- neil: are they whistling past the graveyard? >> we'll have an adjustment. i hope not. i hope we continue to build incomes up, keep the corporate profits up, but unless we reform the tax code, unless we reform, obviously, the entitlement programs, unless we get debt and deficit and fiscal issues under control, we're in trouble. neil: senator, i thought you were swimming upstream in massachusetts. amazing, ted kennedy's seat, shocking, actually. may

neil: be patient.his march to an all-time high will happen, it will be brought to you guy the government. they want uncle sam to keep doling out the cash. welcome i am neil cavuto. take away the "cash for clunkers" they could not sell the bars, credit for homebuyers, they could not find homebuyers, comes back just days later, and bernanke not taking away the fix, market the tear. to you see a pattern? all about big government driving all of the buying, true. bet you a benjamin this latest rally is all, well, ben, ben bernanke. have you met a banker to turn down a rescue for himself? so far any00 of cutting back on -- hint of cutting back on the goodies only cuts back on the buyers, it is a matter of when, not if, we're all big government advocates now about we like it or not, don't look now the way that the street is going, uncle sam is a buy. no oner charles feels pain, he loves a rally as much as the next guy he just does not flip over the trigger coming from these days, and sabrina shafer and steve

neil: what u.s. court would give that creadance. >> that is a great question, and a great point, we would like to think a u.s. court would give them a level playing field. >> we'll see what happens, this is presiding. >> a bad day for new york mayor, the courts banning michael blumberg's big soda ban, meet the woman that made this happen. >> lois, i'm about to drink my first soda, better come stop me, oh, that must be the schedule ar, ohsugar, oh,god that is goof a sudden i want to run, chase me, [laughing] command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to placebeyond it. siemens. answers. ♪ right. but the most important feature of all is... the capital one purchase eraser. i can redeem the double miles i earned with my venture card to erase recent travel purchases. d with a few clicks, this mission never happened. uh, what's this button do? [ electricity zaps ] ♪ you

neil: okay.ok at this and say is the administration by not going as aggressively on spending thing signaling we think we could grow out of this, and do you, a finer market minds i know, see anything that would hint of that being the case because that's the only way you can get out, only cut so much, and if you really doneed to boom your way out of something like this. >> well, the only boom thing that i can see is, you know, and you talked about it in the earlier segment is the whole, energy fracking. if that takes off, kind of like the internet did in the late 90s, maybe we can grow our way out of it, but as long as government's growing at the rate it is now, every dollar we spend, send to government whether it's via tax cuts or closing loopholes s a dollar spent infirst timely, and i just -- inefficiently, and it's flat lining at best. neil: if we sputter back, and it's a point, peter, many have been concerned about, that we go back into something bad, and every market high ever achieved, and g

i'm neil cavuto. guess what.n for much of the country the snow is still falling, the sky is not. kids still eating. the doom and gloom politics, some doing a little toupe changing. -- tune changing. >> maybe an overstatement. >> neil: overstatement? well, he is not alone. quoted as saying they spent two weeks building up the sequester. so, it's something we're going to get into in a moment. first, how all of this is playing out right now. a bit of egg on their face for the time being. >> yeah. got a little bit out of control here where president obama at one point said criminals would have to be let go, janitors at the capitol just got a paycut, and fact checkers went onat the obama administration and obama had to appear at the press conference last yankee and said it's that going to be the apocalypse. president obama is sending out cab nat officials saying there will be pink slips for teachers, and then arne duncan had to backtrack. an awkward time for the obama administration, going to be a slow-moving catastro

i'm neil cavuto. at fox on top of an insult that's over the top, walmart giving up because unions refuse. they are backing off plans into new york city, tired of the constant run-ins with politicians loyal to unions who didn't want the nonunion walmart near the city. give walmart credit for trying. for years, looking to open a store in what is perhaps the priciest real estate in the world and the most burdened shoppers in the world and offered to make its stores smaller, any size, any burrough, any time, any way to get into a market whose residents are paying through the nose and desperate for a break, any break, only stopped by politicians equally desperate not to let walmart give them a break. walmart just croaked, said good buy. it's gone. it's done. it's over. will you union loving cow politicians, you won. are you proud? are you happy? explain to me how you go back to the constituents and brag about how you saved them from $4 prescription drug, cheaper milk, butter, bread, tides, and cereals that

neil: really? >> i do, look at europe, why is this we would push when -- >> you wish to be europe cutting like they are, that is the last thing we have to fear, i think at rate we're going, you could be right, but todd, i don't see a immediate concern for worrying we're cutting too much. >> right, nile, no, the reason where we're doing well, because free market capitalism, and a self-healing system. when people misallocate capital they will lose their capital, that is where you get recessions, coming out of recession, you have capitalist free market, people try to improve their lives, and the lives much their family that is what drives this country forward, not some government program, we can't trust -- >> if it was a self-healing system, then why would we need the bailout when the private sector tanked the economy? >> well, actually when you look at it the recession ended 5 months into the president obama's first term. so, it had corrected. what we did -- >> bottom line, we can ba go back. i do wa

good seeing you. >> thank you, neil. >> neil: meanwhile, stocks soared.he dow is on the tear and 48 million meshes are on the dole? food for thought i guarantee you will make you puke. what's droid-recognition ? understanding you clearly... what is the capital of zimbabwe ? ... the first time you ask with the google voice search. the droid razr maxx hd by motorola. droid recognition. droid powerful. michael, tell us why you used to book this fabulous hotel? well you can see if the hotel is pet friendly before you book it, and i got a great deal without bidding. and where's your furry friend? oh, i don't have a cat. ... 50% during priceline's spring hotel sale use promo code spring for additional savings on all ... express deals. priceline savings without the bidding. ... what's droid-endurance ? the longest 4g lte battery in a razr thin profile. with 32 hours of battery life that turns an all-nighter, into a two-nighter. the droid razr maxx hd by motorola. droid-endurance. droid-powerful. >>. >> neil: with unemployment dropping and home prices rising, why

neil: sohy aig?> a combination of circumstances, they were not the government's favorite company, i think they got into a situation which the government just grabbed the money, and they needed a vehicle to do the backdoor bailouts. neil: aig said it was the way to do it. >>emember, the shareholders, remember the reason that hank starr brought this lawsuit, shareholder after shareholder after shareholder wrote him, said can't you do something about it. >> what does class action mean now. >> all of old shareholders, all of the shareholders who were shareholders in 2008, and the iron i becausirony because aig n in the lawsuit, aig's current shareholders may not be able to share in the recovery. what aig has done, i understand why they do it given the role that government has played. putting them in that position, but the consequence is that the current shareholders are not be able to share in the recovery, unless we can convince the court to allow to us represent aig,. neil: all right that is a big up h

neil: neil: hasn't posts anti-hurricane hurt?

but maybe neil knows. that's it for "studio b." neil cavuto with "your world" is next. feel neil thank you. better late than never. have a look at this senate budget plan first. let's say, good things take time but doesn't mean that bad things still can't take the cake. if democratic senator patty muirry is calling this budget heavenly, when you see what we uncovered, heaven can wait. >> welcome everybody. glad to have you 1,414 days. that is how long it took democrats to finally come up with a new budget. that's close to four years. in the same amount of time, you could have built three and a half empire state buildings, or the golden gate bridge, or assemble and mobilize 5,978 ships like they did in world war ii. that enough time to construct not just one titanic. how about two? because that's no ship. and the five and a half trillion bucs we head to our budget proves we're in deep. >> so glad you had to reach that. >> neil: it is interesting, took this long to get this. >> something so simplistic and so insincere. the administration and apparently senate democrat doe

>> opec. >> neil: daryl hannah is. no one has looked at splash, hello. >> we saw it this week, in a report and retail sales report, imagine if we could unlock all the energy we have here. that is one of the things that is holding us back. >> neil: is that one of the reasons that opec's numbers are down? >> of course the president as jay carney said this week, this green initiative is much more important than anyone watching the show having lower energy bills. this is what hollywood is saying. >> this is right for adam and his buddies let them eat cake moment. >> neil: there is no an eliteist bone -- you would never go to north dakota. >> i'm going to tell you this. we have in new york state, we should be fracking here and putting all these people out of work to work. >> neil: adam, in all seriousness, is there a connect between are going full fracking and opec now screaming? >> there is no question, in the span of a few short years we were very concerned about being dependent on opec to achieving oil independence in th

. >> neil:.ould both be right or wrong. maybe he had no idea. either way he was wrong and he needs to come out and say, i screwed up. that is one for you america. instead he makes jokes like it never happened. >> he never says he wrong, ever. >> neil: thank you very much. $500 to help her daughter find a job. do you think she is wasting time. here is the story after this next segment how soon ceos will be standing in line. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools yo

neil: all right, thank you so much. >> neil, neil. >> kate we're going to a break and pay our bills evenhough washington can't. >> and round two, back, punchy and ready, you dad, i'd put that down. ah. 4g, huh? verizon 4g lte. 700 megahertz spectrum, end-to-end, pure lte build. the most consistent speeds indoors or out. and, obviously, astonishing throughput. obviously... you know how fast our home wifi is? yeah. this is basically just asast. oh. and verizon's got more fast lte coverage than all other networks combined. it's beer. yes. oh, why didn't you just say that? huh-- what is he doing? you are gonna need a wingman. and with my cash back, you are money. forget him. my airline miles will take your game worldwide. what i'm really looking for is -- i got two words for you -- re-wards. ♪ there's got to be better cards than this. [ male announcer ] there's a better way with creditcards.com. compare hundreds of cards from all the major banks to find the one that's right for you. it's simple. search, compare, and apply at creditcards.com. first round's on me.

neil: keith?the news is reported that there has not been bank runs, the first glimmer that this was going to take place, the fast money got out of dodge, it is gone to singapore, and to other places. there was a backdoor run they have not reporteddity. so big money has been stolen twice. neil: at is a good point, john, that bridges up point, when they count their loot, the government, about how much they got, a realize we were trying to take 40 to 80% of rich guys money including oligarchs and mob guyssthat got the many out before theax fell, they will realize we did not get enough, we have to get more. tax. we might have to go down the food chain, and get more from lesser rich folk, right? >> yes, and rich folks are not going to be there any more, the bank run will start as soon as they can get the money out, and this is economic suicide for cyprus. malta and le luck and luxemburga similar bank run, it is going down to 143%. >> you are right, let me show the imactage this is where, they have guar

>> neil: it is? >> of course, it contains more chemicals you can imagine. >> neil: i'm going back to regular junky stuff. here's what was odd about and it those who support the mayor, everyone said it was okay when he went after saturated fats. maybe there were attempts to appeal it and no one ever did. he got away with that. why not this? >> he was too forceful. he tried to jam it down everyone's throat. you can't do that to new yorkers. >> neil: what would have been the middle ground for you? >> maybe a possible committee, appoint a committee to oversee the problematic -- >> neil: rather than ramming it down your throat. >> right. sugar is a problem. the mayor and his idea i don't think was wrong. i think this heart was in the right place. >> neil: do you have to post calorie counts? >> not yet but we have it on the labels. that's going to happen soon. >> neil: you just dodged the bullet but you have other bullets. >> a lot more. >> neil: a lot of people say this has been the first sign of the deat

neil: move on. let me ask you, when turn around at aig, you fought with the government, a couple of key ises. capping key executive pay, including, it was all about marshals and retaining and recruitingood talent, by government a standard it would be impossible, you got your way, i was thinking of you when i heard what they are concocting in switzerland. a great bastion. what do you think? >> w have to deal with reality there is a backlash continuing. related to pay. what is most important, most -- >> last country i thought it would backlash though. >> unfortunate for switzerland, they changed law, they said shareholdersill vote, make decisions, shareholders well, but many of largest swiss institutions, the shareholders americans. >> they will regret that move. >> they will say, wait we've given hedge funds and mutual fund in america the vote overpay in switzerland. in the end if we perform, pay is not a big issue. if we treat people fairly it is not an issue. neil: i guess is comes back to what is

neil: much cooler. >> i don't know about, that but thank you, neil, here is a classic case neil, it justvious where capitalism, free market works in in case, to young man tune of $30 million. looking at washington opposite of what they reward, they don't reward innovation, they reward things like being in your job for 30 years, building your dertment bigger could absorbing more and more of the people's money in the form of budget. that is what the buschcrats in washington -- bureaucrats in washington do, they just want to grow their power base, unless it is something focused like landing on the moon, or winning world war ii, here in dc it is opposite of e innovation. neil: deedee, you were one of these that always turned me down. >> no, actually, you picked right girl for that, i was the one that always went out with the nerveds over th ferds nerds. the government has no business to be in, they don't know what they are doing, everything they tried to work on business failed. look at solyndra and the companies that have been boondoggled. the government is ifficient, th should try to grab

neil: michelle? >> neil, millions of americans have been dealing with this economy for years now reducing their budget. you don't see people in d.c. talking about there is going to be food contaminated creating this crisis. it is not until the jobs of government workers are on the line and it might be minimized just a little bit, they go crazy. americans realize how out of touch, they look like a bunch of spoiled brats in the beltway they feel like they should not have to suffer the realities of the economy while everybody else has to do that. neil: americans are getting used to not only the effort that got walloped, but 90% of working americans who saw what was taken out of their paycheck about 2%, which is a lot more than the cuts the government has to make right now. americans are adjusting and making those adjustments. would it kill washington to do the same? >> we should be not just trimming the federal government because that is all sequester is, cutting off a fingernail. we have gangrene and t

seeing you again. >> thank you, neil. >> neil: paul ryan's budget democratic counterpart.gress i know you agree with everything herman cain just said. i guess i want to see where this goes from here, because obviously the ryan plan goes nowhere in the senate. i imagine it goes nowhere with guys like you, i imagine. patty murray's plan in the senate goes nowhere in the house, i imagine. so where do you see common ground? >> well, neil, i think the balanced point is somewhere in the framework of the simpson-bowles plan. the plan reduced the deficit through the balance approach that clued additional targets cuts and also revenue from closing a lot of the special interest tax breaks for very wealthy people, tax breaks which mitt romney and paul ryan talked been on the campaign trail. >> neil: they were without raising the overall rate. now we have the rates raised. so republicans talk of a need for a trigger. they might go along with this tax break stuff and all their closing the loopholes, that they did agree it's sort of wasting time and money and the tax code, but you guys

neil: or a power saw. i guess, people say, can can't happen here, but to your point it is happening here, we have taxes on assets here. the federal government with some of the changes in the new health care law is doing it and has succeeded in forcing it. i don't think it a huge leap that everyone seems to think, going after folks bank accounts there are a lot of more routes you can go to so wallop people through all sorts of means. >> andyprus there is an interesting debate with this plan going on, is it a basically a complication -- com come com n diego or a tax, governmenting take money from people who make things, government is taker people are makers, nobody will dispute that but whenanguage they use to describe when they take from makers. you know, there are the taxes on assets, tax that are on insurance companies that are getting passed to consumer and you know maybe down the line there will be questionable taxes on savings accounts. you never know what the united states will do. neil: all i know, t

neil: welcome, i am neil cavuto. it hit me like a ton of bricks today. democrats resisting spending cuts. if you really want to know why paul ryan's budget will not advance much further than the house it was passed today, allow me to read the opening sentiments from the associated press were today. a familiar budget plan, the nuts and bolts programs of the government. it is cruising for passage in the tea party flavored house. wow, that is supposed be a news piece. the law undream line of what was supposed to be a tax piece. it restores my of the cruel automatic spending cuts. all is missing is a line like thank god for the democrats. then it was also considered a cheese head. it starts out fair and factual enough under the rhine plan, the government subsidizes it. the only famous unnamed critics who say all of this would mean ever shocking. he is heartless and soulless and probably the double in pinstripes. it is one thing when they say it was all but a sham. it is another thing for them to prove that it is an even bigger sham. they are darn near inbred

your world with neil cavuto is coming up. happy easter. >> neil: what does snail mean? say it ain't escargo. ♪ >> neil: well maybe not all our dreams, but his music lives on. forget about across owl ages, now all species. this just in. we all spent nearly a million bucks to study how snails get it on, and this much we now know. they take it slow. they make it last. sorry, barry, sometimes, sometimes they don't even need a partner. who knew there was so much to learn about snails? don't even get me started on duck genitalia. forget shrimp on a treadmill, that's so last year boondoggle. keep singing, barry. break out the drink and plop yourself in the waterbed. washington has got its kink on and is moving on. settle in, but you better open your wallet now. i like barry white, but this is huge. welcome, everybody. happy friday. i'm neil cavuto. in the scheme of things, what's $880,000 to study snail sex? the national signs foundation wants to know how it is new zealand mud snails that can reproduce sexually or asexually often end up choosing sexually. i'm just hazarding a

.. >> neil: all right.ooking live at caracas, vends, tens of thousands of mourners are trying to get a final glimpse of the coffin of hugo chavez. the death of the controversial leader is fueling scramble here. he used oil as a political tool some say weapon and whoever his successor is is likely to do the same thing. with things in a flux there former republican presidential candidate and utah governor jon huntsman jr. said this time it's time to start flexing our pipeline muscle here. great to have you. >> great to be with you, neil. >> neil: how should we respond to his death? what type of overtures? i know we did the customary thing in the administration, you know. we were thinking of venezuelan people, et cetera, et cetera. what do we do? >> well, we have to do that, which isn't going to naturally give rise to another hugo chavez kind of character. so what created the environment for his rise? it was the collapse in oil prices. back in the late 1990s. and then what gave them sustaining power? it was th

>> neil: welcome. neil cavuto and today your world coming from, well, a typical american street. well, one with an urban feel, new york city to be exact. and i wanted you to picture something that is going on in cyprus and maybe put it in privilege what is going on half a world away. imagine if you wanted to go to an atm machine or a bank and everyone you hit up was closed. you go to td ameritrade. closed. citibank, closed. bank of america, closed. wells fargo. closed. all these banks, all these offices, within a block of where i stand right now, but none of them are open. you can't get your money.n ablet your money for upwards of a week. it's been the way things have been in cyprus now for the better part of a week. imagine going that long, not getting access to your cash. imagine being a rich depositor and seeing the government take close to half that cash. now you've got an idea of how bad this problem is and how if it happened here, it would feel a heck of a lot worse. that's why we're on the stree

neil neil do you think it's too late for that? that this sort of medical ship has sailed and despite all the problems, i don't see the administration trying to draw it back. paul ryan wants to rescind the whole healthcare program and start fresh, but that's unlikely. so given that distinct possibility, what are we left with? >> well, i'm not as pessimistic as you are. i think there is just a slight chance that maybe some people who have pushed this thing forward, can stop for a moment and instead of thinking about themselves and their own political agenda and their own political future, think about the good of the people and the good of america. i think there's still that slight possibility. it doesn't seem great, i admit, but it's possible, and it's something we should work toward. assuming that doesn't occur, we need be looking at all the legal possibilities that exist in order to save us from this financial disaster, which is pouring fuel on the fire which is the incredible debt that continues to pile up day-by-day, which some

woman. >> neil: i will.ean hannity hopes you go to hell. >> i'll meet o'reilly there. he's catholic so he may not get in. >> neil: that's fine. okay. let's finish this, that was george platter making his final appearance here at fox. i want you to forget about immigration reform. are illegals already gutting our system? because they know no one is going to tell them to go, and the latest news they got that proves they are here to stay. fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. if youthen this willbrids arbe a nice surprise. meet the 5-passenger ford c-max hybrid. c-max come. c-max go. c-max give a ride to everyone it knows. c max has more passenger volume than competitor prius

neil: the die has been cast, bank deposits are fair game, wow. welcome. i am neil cavuto. focus on this rich guys did not dodge the tax. now a government has broken precedence, by going after what is in their bank account, how long do you think it will be before governments start sniffing around your bank account. frankly, i believe it's not long. think this country, when first federal income tax was just to blender efforts of world war i but it stuck around. or europe. expanded. what started out as a 4% tax for millionaires is now north of 20%, and en snaring, well, everyone. that is what concerns me about this cyprus tax. what the poor saps will discover when the banks reopen in cyprus, run. can't take their money and the government is watching and limiting, and i am kind of worrying. what is going on in this island nation, is a tsunami. bank on it. literally. to rich edison, in cyprus to this nervous night before, hey, rich. >> good evening neil, you have to imagine, folks without access to their banks account will have some tomorrow 8:30 in the morning. for more than a

neil: here we go again. a propensity on the part of the government to say we might inconvenience you, but you better not inconvenience us getting your tax payment in late or think you can delay the healthealth care related taxes kicking in now. >> the hysteria about the snow here in d.c. is like the hysteria over the sequestration. it happened, and so far the sky is not falling. reality is the cuts here in washington means we will spend less than we originally planned on spending so yesterday the senator pointed out this year we're going to have to spend $85 billion less, in washington that is pretty much pocket chan because that is the amount the federal government borrows just about every month so the real crisis is the national debt. we are concerned about the waiting at the airports and that is not happening yet. neil: we take no light of the defense-related contractors who will be furloughed through this process, but the fact of the matter is in the vast scheme of things, in a 16 plus trillion dollars d

neil: all right, thank you so much. >> neil, neil. >> kate we're going to a break and pay our bills even though washington can't. >> and round two, back, punchy and ready, you get ready. ♪ right. but the most important feature of all is... the capital one purchase eraser. i can redeem the double miles i earned with my venture card to erase recent travel purchases. d with a few clicks, this mission never happened. uh, what's this button do? [ electricity zaps ] ♪ you requested backup? yes. yes i did. what's in your wallet? yes i did. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doct

welcome, i am neil cavuto. i bet you look at these images out of cyprus today and say, those poor suckers. at least they can't shut down our base here or limit how much we can withdraw our banks, like they plan to do when they reopen there, at least they can't monitor us and how many times we use our agents over there. that is cyprus. it is not us. for now, you are right. but i want you to look very closely out of this tiny island nation. this is what happens when the government fears contagion. it starts doing naughty things. this is limiting how much those folks can take out once they can get out the money. it is enacting sweeping measures that are raising eyebrows wodwide. banks rethinking even being there. paying customers wanting to get out of there. it is a mess. in these next 72 hours, cyprus officials are very lia. they a working overtime to contain this mess. let me put it this way. cyprus is no longer an island. cyprus is a tsunami. it scares me customers worldwide. that is what they are hoping to avo

but the neil cavuto is it -- that neil cavuto fitness center.f at first you don't succeed steal again. did not get much does not mean that it is not intend to. if. ♪ neil: cypress is the latest, maybe even the boldest. 80 percent of the rich bank holding bank accounts. they did so right out of their accounts, without asking. that was a new twist. confiscating well partly is because it's still happening. france now hittingompanies with what it hopes will be a 75% wealth tax. to no less, the united states pushing it posted a 50 percent for individuals with a variety of other health care related taxes started cominto say nothing of what they're planning for companies. is enough to make charles payne throw up, especially charles when it is clear that the bureaucratic fees are not exactly giving up. >> they do not give up. they have an ideological. they usually put some sort of humanistic or economic trappings to make it look better, but i think essentially it comes down to some sort of dislike for people who are ultimately successful, serious, serio

>> neil: remember how this got nasty? >> would you consider it constitutional for congress to specify that the first amendment shall apply only to the following books. >> i'm not a sixth grader. i've been on this committee for 20 years. i've been up close and personal to the constitution. i have great respect for it. you wanted to lecture me on the constitution. i appreciate it. know i've been here to a long time. >> he chose not to answer the question i asked which is -- in her judgment, it would be consistent with the constitution for congress to specify which books are permitted and which books are not. >> the answer is obvious, no. >> neil: don't look now but they are clubbing each other. we couldn't get diane but we did get ted. we're going to talk to ted cruz what has turned into a little more than a spat. try washington's version of ali frazier but it's not going to be pay-per-view. we have all the bloc by blows free of charge -- blow-by-blows. >> before we get to the republican senator, take a look at republican s

i'm neil cavuto.do you say if you're a republican and the leaders of your own party in the house are saying the debt is no immediate crisis. well, you go nuts, because john baner and paul ryan just proved it. they're not only ryan rhinos on the cries but they're in bed with the president ignores this constitutional crisis. mark is on the phone with us right now. what do you make of this? >> it is extremely frustrating if you're an average citizen watching this. last year when you count fiscal operating debt and unfund liabilities, it wasn't 1.2 trillion. it was 6.9 trillion being spent we don't have. and even hear something pundits circling the wagons saying this isn't a fiscal debt crisis yet. what dot we have to do become cypress or greece for people to recognize this? we have tens of trillions of dollars in unfunded entitlement obligations. even the ryan budget does nothing with respect to social security. on obamacare, in the ryan budget takes the taxes and repealing obamacare. what is happening i

neil: thank you, rich. banks reopen tomorrow, anyone's guess what fallout will be, especially when they arere informed you cannot take it all out or leave the country with it either. kind ofakes me wonder whether the price of admission to a club is worth it, in germany most members do not meet requirement to be in the club, why not just jump the club. see the euro for what it is and close the club, la is the worse that could happen. let's ask nicole, who knew cyprus well, her parents were born there. and ty young, who knows euro spillover well, what are you hearing from your folks and friends out there about what is expect tomorrow. >> i'm speaking with people in cyprus, i have a first cousin there. a lot of friends and family, there is a lot of -- while some people thought tooay's bailout of a celebration, in fact there is a lot of sadness, sorrow, they are frightened and scared, they have worked their whole lines, they put money in the barge, where you are supposed to trust, they see it taken away. a lot

neil: congressman always a pleasure thank you. >> thank you neil. in the meantime a thousand dead ducks found in a chinese river. but yoko is still singing the same old tune. still thinking it stinks here, yoko should buy a one way ticket there. [ lorenzo ] i'm lorenzo. i work for 47 different companies. well, technically i work for one. that company, the united states postal service® works for thousands of home businesses. because at usps.com® you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, nousiness too small. neil: there must be something in china's water, it is not yoko ono and daryl hannah. while they protest pollution problems here, 1,000 dead ducks floating over there. little more than a week after 16,000 pigs were also found floats just as dead. in another river this yet no quacking or squealing from environmentalists here, sabrina schaefer thinks something stinks. she said it is at green double standard, you think that

reporter: neil, hi there.l street is this dynamic of touris and traderrers who cannot be bothered. even on a day like today, people hustle and bustle, and business as usual but they looked up and noticed the extra media presence, and we told, the the dow hit a new record, hasn't done that in some five or six years, and they all pretty much agreed that's a good thing but there are still a whole lot of things to be concerned about. in fact more things to be worried about with this economy than to celebrate. >> hope it will help my 401k. i've very excited. >> definitely good news. >> translates to more jobs for our people. >> most of the people on the street are not feeling the effect of it. >> you had half as many people unemployed, the prices at the gas tank were half the price. so your seeing the effects of, we just broke the record but the underlying economy was much stronger when we hit these levels. >> he makes a terrific point that latter segment, saying that things were better the last time the dow hit th