stephen moore, how are you, stephen? >> great, thank you. bill: now he has the book, prosperity, and the rush -- the return to prosperity. you have three issues, the economic destimulus bill and so far, what you can tell about what's been made public, what's the issue? >> the issue is the president is trying to advance this economic stimulus plan to create jobs which includes a lot of tax cuts for small businesses but guess who pays the price tag for this huge trillion dollars health care bill? all these new taxes on small businesses, the same businesses that are supposed to get tax cuts and the -- in the jobs stimulus bill. so i think when you look at who's going to pay the cost of this bill, it's pretty clear it's the employers in this country and if they're paying a higher tax, they're not going to hire as many workers. bill: that's one issue you have, the other is this is bipartisan, right? how many republican ideas were incorporated in what the white house has put forward? >> bill, meet the new health care bill, same as the old health c

stephen moore from "the wall street journal," thanks for coming on. we appreciate it. >> nice to see you. >> good to see you. >>> up next, the deadly shark attack in florida. we will hear from the lifeguard who tried to save the kite surfer. >>> and check out this x-ray. yes, it's the saints logo and, yes, it's in a woman's throat. we'll tell you what happened and how it got there. the mystery behind this sleeping beauty, what's causing this teen to sleep for up to two weeks at a time. you could buy 300 bottles of water. or just one brita filter. ( drop plinks ) brita-- better for the environment and your wallet. that's what's gonna happen here. ♪ because you're tasty with toasty whole grain. [ crunch ] wheat thins. toasted. whole grain. crunch. the crunch is calling. ( kids giggling ) ♪ you have multiple cars... and multiple toys... with multiple places to go. so be smart. simplify. combine and save. get all your insurance from one allstate agent, and you can get multiple discounts... on your multiple policies. simpler is smarter. that's allstate's s

host: stephen moore is an editorial board member of "the washington journal."talk about the budget and what are your concerns. guest: i have a concern that the vast majority of americans have that our budget has spiraled out of control and our debt is on an unsustainable path. we have spent over $2 trillion in new spending since the economic crisis began. it has not created jobs, it has only created massive indebtedness. i worry that a great nation has to pay a bills -- its bills and we have not taken that pretty scary as number in this budget is that we're going to borrow $1.60 trillion dollars this year. over the next 10 years, by many projections, we will borrow $10 trillion. it is hard to see how america can retain its economic greatness with that kind of fiscal policy. host: what about the defense department spending in iraq and afghanistan? guest: the number one priority of the government is to keep us safe and to defend our national security. i am in favor of spending money on defense. i'm not in favor of wasting the money. there are ways that every bure

then stephen moore of "the wall street journal." >> in-depth look comes paul johnson, author of over 40 books. his latest is on winston churchill. join our three-hour conversation. it will be live from london on sunday at noon eastern. >> defense secretary robert gates and joint chiefs chairman robert mullen testified on the budget request for the pentagon. it is just over $700 billion. carl levin of michigan chairs the armed services committee. here is part of the hearing. the department of defense fiscal year 2011 budget request, and the the 2010 quadrennial defense review end of the 2010 ballistic missile defense review ballistic missel defense review. gentlemen, as always, we are thankful to you, for your families for your dedicated service to our nation, to the soldiers, sailors, airmen, marines at home and in harm's way around the globe and to their families. your commitment to the welfare of our troops and their family shines through all that you do. the american people are grateful for that. and we are grateful and eager to help whenever we can. the fiscal year 2011 budget re