. >> i will offer paul tucker a chance to ask a question. >> a comment, i agree with up on do not give inflation targeting, that battle needs to be constantly reaffirmed. i think central bankers elsewhere in the world are puzzled by the fed's slow approach to plaintiff easing. rather than deciding on a stock of money, base money. that you want to put out there and then review after a wild whether you have done enough. just as you would set an interest rate, leave it, and decide after a wild whether you have done enough. instead, you have a policy to trickle it out there on a flow basis. >> i have never heard $85 billion a month called a trickle. [laughter] we have obviously been trying different approaches on that. qe1, qe2, a $600 billion purchase over a specified period of time, it provides a lot of certainty, markets like that. when you make the reaction, the market reaction occurs immediately. there is clarity around it. policy not how monetary should be conducted. monetary policy should be adjusting your instruments as the economic outlook evolves. one of the lessons we learned fr

joining me is jill tucker, paul rogers, environment writer and managing editor for kqued science and john meyers political editor, joining us from the state capitol. john, let's begin with you, which programs and services will get the biggest boost and where there surprises? >> i think the surprise is the surplus. especially when you look at the state's finances over the last several years. it's been more than a decade that we had a surplus. schools always get a lot. jill has details on that. i think the big take away from all of this frankly is that this is probably a harder budget fight than when you don't have money. when you don't have money, the governor can stand there and say hey guys there's nothing i can do. now everybody is coming with their hand out. they see the surplus and have ideas on how to use it and the governor will try to pledge the idea of prudence and caution and one of the stories is the large budget surplus that he wants to be in the reserves. the rainy day fund. and the fight how to avoid the bust and boom cycles, that will be interesting to watch much. >> he

i also want to pull up before we get to tucker in just a second, this from rand paul this weekend onole war on women issue which we know was very successful in the last election round for democrats. he says this whole sort of war on women thing i'm scratching my head, if there is war on women i think they won. tucker, i know they win all the time because iroverwell manied by women. >> i'm overwhelmed. they're not winning at white house, obama pays his fee pale employees significantly less than male employees. we did analysis of at "daily caller" of white house staff women are behind men. the numbers don't back up what he said. what he said is ridiculous. adjust time for women take off voluntarily to raise children they make more than men. you noted they graduate from high school and college much higher rates. they also live longer of the truth is obama got reelected because of female voters, especially single female voters, especially college educated single female voters this is the constituency the white house panders do relentlessly his remarks relate no relation to realty. >> sic