lou: our first guest says obamace cannot survive in its present form we cannot afford to buy a product that the cost grows faster than income the bnd has to be reaced and the jury being us now is one of the foremost authorities the father of the health savings account now ceo of national center of policynalysis curing that health care crisis. this model we have seen clearly is broken. people are not signing up insist on a mandate to make it work people are resisting the mandates and are receiving waivers. how soon to the other .6 million have had their insurance canceled but only 3 billiohave picked up coverage where is the inflection point when do it untraveled? >> if you get into the death spiral only sick people are in the pool so the premium keeps rising in if only the really sick people are in the pl the premium goes sky high the insurance company go bankrupt or leave the market. lou: rigo we have already been told they will go higher nothing dramatic changes second moody's has already put them on a negative outlook expecting two or 3 percent reductions of earnings. this is a trai

military personnel get a raise here, no new money for obamac e obamacare.iden gets a pay freeze. what doesn't sit right for you about this budge? >> n.i.h. funding, the investments that we make in research of health and decision, it is a budget, but the house republicans will leave town this week without increasing minimum wage, without -- >> congressman, stand by. i apologize, the president making comments at a cabinet meeting. take a listen. >> official cabinet meeting of the year, and i want to wish everybody a wonderful new year. we've got a lot to do in 2014. as i've said before, this is going to be a year of action. we've seen the economy improve. we want to maximize the pace of our recovery, but most importantly, we want to make sure that every american is able to benefit from that recovery, that we're not leaving everybody behind, and everybody is getting a fair shot. i was very pleased to see the house and the senate agree to a budget and to put forward a bill that will fund our government, as well as allow us to take some important steps to provid