Give them a raise. There are steps we can take to help families make ends meet. Fewer are more effected than the earned income tax credit. Right now, it helps about half of all parents at some point. Think about that. It helps about half of all parents in america at some point in their lives. But i agree with republicans like senator rubio that it doesnt do enough for single workers who dont have kids. Lets do more to help americans get ahead. Lets help americans save for retirement. Today, most americans dont have a pension. Social Security Check often isnt enough on its own. And while the stock market has doubled over the last five years, that doesnt help folks who have 401ks. Tomorrow i will direct the treasury to create a new way to elp americans start. Myira. New savings bond to encourage folks to build a new nest egg. No risk of losing what you put in. If this Congress Wants to help with me, work with me and fix an upside down tax code that helps the wealthy saveb. Offer every am
Inside. It has not been a good year for the president. In the last state of the Union President obama called on congress for an increase in the minimum wage. He didnt get it, and today he announced he was sidestepping congress to get the minimum wage increase for some federal workers. Immigration reform went nowhere. Gun control measures stalled. The president wauxz into the chamber for the First Time Since the 17day Government Shutdown centered around his Signature Health care law. The same bitterly divided donothing congress were just 72 laws passed in all of 2013. We have an allstar panel joining us tonight for our live coverage. Were joined by shark tank agency kevin oleary, cnbc contributeors jared bernstein, the former chief economist for veep joe biden, white house political direct for president george w. Bush, nara tanden. She was president obamas domestic policy director during his reelection campaign. And cnbcs robert frank. First, lets go to cnbcs chief washington correspond
July 20th, 2013. Announcer from nbc news, this is today with lester holt and erica hill. Live from studio 1a in rockefeller plaza. Welcome to today on this saturday morning. We are here with jenna wolfe. Lester is on assignment and erika is off. Im the lucky one. Where was it warmer, california or new york . Its been so hot here. I dont know how you have been dealing with the heat. No problem. I had a softball game yesterday at noon. It was unbelievable. I never thought we would make it through, but we won. At the airport, 101 degrees the pilot announced t. Waves came through the airplane. I was walking here and it was 87 already. We are going to have more on the heat and coming up, why firefighters outside palm springs are dealing with high temperatures themselves. The somber anniversary. Its been one year since a gunman went on a rampage. Well remember the victims and the one couple turning this day into one of the happiest of their lives. If you thought you might be waking up to bab
Campaign fundraising case, and there was alito with that outburst from the second row of the well of the house. Their about to introduce members of the cabinet. There will be one member who is not there tonight, the energy secretary, he is at an undisclosed hoax, as tradition would have it. Theres the first lady coming into the first ladys box. [ applause ] john, of course its a very interesting selection of guests that theyve taken for the first the ladys box with dr. Jill biden and valerie jarrett, the confidante to the president and first lady. Heroes from the Boston Marathon bombing, that indelible image of the gentleman in the white hat welling an injured to safety. The man who came to assistance and both of them sitting together in that box tonight. Mr. Speaker, the president s cabinet. Often, the applause, we listen to how much applause the president gets, how many times he hes interrupted by applause, whether or not republicans applauded or they applaud together. Did you try to
Nation on earth. The question for everyone in this chamber, running through every decision we make this year is whether we are going to help or hinder this progress. For several years now, this town has been consumed by an argument over the proper size of the federal government. Its an important debate. One that dates back to our very founding. When that debate prevents us from carrying out even the most basic functions of our democracy, when our differences shut down government or threaten the full faith and credit of the United States, then we are not doing right by the american eople. Now as president , im committed to making washington work better and rebuilding the trust of the people who sent us here. Nd i believe most believe your too. Thanks to the work of democrats and republicans, congress produced a budget that undoes severe cuts to education. Nobody got everything they wanted. We can still do more to invest in this countrys future while bringing down our deficit in a balanc