Instead of laying out a serious economic plan, Republicans spent the week talking about the gold standard, same-sex marriage and tax cuts. They did talk about our #1 issue - jobs – but Mitt Romney’s claim that he can create 12 million jobs in 4 years is a bold-faced lie.

Plus...the national debt is pushing $16 trillion. President Obama put together the Simpson-Bowles commission to tackle the problem. The commission issued a bipartisan debt reduction plan, which President Obama ignored. VP Candidate Paul Ryan criticized the president for that at the RNC this week; problem is, Paul Ryan opposed the plan as well. Ali speaks with former senator Alan Simpson to find out if anyone is serious about fixing our debt problem.

And...former presidential candidate Jon Huntsman is a real fiscal and social conservative. But he worked for President Obama, and - partly because of that - his poll numbers never got out of single digits. He's boycotting the Republican National Convention because he says the GOP has lost its way. He tells Ali whether a Romney presidency can improve America's economic situation and what it will take to bring conservatives together again.

Your Money with Ali Velshi airs on CNN Saturday at 1:00p and Sunday at 3:00p ET