Reason.com and co-author of "The Declaration of Independents" Nick Gillespie talks about what he calls government waste. Ranging from Social Security to the wars, Gillespie explains how there is a spending problem rather than a revenue problem.

"For years, the government has spent more money than it takes in. The result is a lot of debt on our nation’s credit card – debt that unless we act will weaken our economy, cause higher interest rates for families, and force us to scale back things like education and Medicare. "Now, folks in Washington like to blame one another for this pr

"Hello, I’m Congressman Jeb Hensarling of Texas and I serve as the chairman of the House Republican Conference. "You know, unfortunately, every day we hear about some friend or some neighbor who just got laid off or still can’t find a job. The Obama Administration promised its ‘stimulus’ plan would help keep unemployment below eight perc

Thomas E. Woods Jr., author of "33 Questions About American History You're Not Supposed to Ask," and Reason Magazine Writer Damon Root on the myths in American history.

Countdown: President Barack Obama and House Speaker John Boehner tried for weeks to craft a deficit-cutting deal that would fix the U.S.'s budget problems. On Friday, the effort collapsed. Are we past the point of agreement? Keith and Brian Beutler of Talking Points Memo try to predict the outcome.

"You never say never. This is a standard answer that I’ve kind of learned how to give which is .. 'you never say never,' but I never rule out being on Dancing with the Stars either," Fmr. Gov. Jeb Bush (R-FL) said on "Hannity."

KRAUTHAMMER: This is Obama at his most sanctimonious, demagogic, self-righteous and arrogant. And given the baseline it wasn't a pretty sight. Look, he started out by summoning the leaders of Congress -- summoning them -- at 11:00. Who does he think he is? In the American system, the executive and Congress are coequal. In a banana republic, the

Rep. Chris Van Hollen (D-MD) says President Obama is sincere with offering debt cuts.