Senate Republicans blocked consideration of the Democratic version of financial reform legislation, saying is creates a permanent bailout culture. Democrats say the vote shows Republicans are defending the status quo on Wall Street by opposing the bill. California Rep. Tom McClintock explains why he believes there is no doubt that Democrats plan to soak taxpayers again with this bailout fund. We’ll ask him how people should decide which party is telling the truth, and we’ll get his thoughts on President Obama considering a Value Added Tax to help pay down the deficit and the dismal report on the new health care laws from the president’s own Department of Health and Human Services.