Page 2 - Consolidation Program News Today

And scott, very good friend of cbs, jordan goodman joins us again. Welcome to the show. Lets talk about spend now and pay later in this Financial Literacy. You know, terry we talk about this in any way imaginable. But it seems like the more that we talk were just not finding a solution. And these kids in college and universities are mounting debt. What is missing . I think part of it is the culture weve created in terms of things are important. Getting access to stuff, right. You see it, you nee...

School, Christian Camp and homes to evacuate near sonora. One person was injured. Firefighters said its growing at a dangerous rate of speed, now 20 contained. The area is going to get considerably hotter over next few days. In yosemite, the fire burned 500 acres with no containment. It was spotted last night in indian canyon, burning dead trees, creating a large plume of smoke. Yosemite is expected to get hotter, like the bay area. So well check in with Spencer Christian to get the latest on ou...

The way. You just heard the voice of a British Airways bielt after a plane enjoin burst into flames during takeoff. The crew ordered passengers to evacuate from the boeing 777 on the runway. 159 passengers escaped on slides. Two passengers went to the hospital with minor injuries. You can see smoke rising in the picture tweeted by a passenger aboard a jet. Firefighters put out flames quickly. They moved in and put out the engine fire as well. And everyone is okay. Good evening, im dan ashley. Im...

When we are doing automatic adjustments . With that said i think it would be an improvement however we did it so if we to indexing when it came to when it came to individual parameters that would make sense as well. One thing i would notice we should be sure to index both the benefit side and the revenue side as in fact Peter Diamond suggests. To be critical of such an automatic mechanism would not simply be solvency. Our Current System would probably be made solvent. Congress will just get arou...

That discussion for davids i think we really have to all think very seriously about it not just in our normal thinking about longterm fiscal policy that we have had for the last 25, 30 years but in terms of what has happened in fiscal and Monetary Policy in the last seven or eight years. So on one hand i think much of the premise of what we did in the 90s was precautionary savings. You can see that we have to project not only that you might have a down turn but that you might need a stimulus eff...

I can add on both of those, just take that as another example and what is uncertainty. That matters a lot. You can get different results. You need to have that on the bigger issue of uncertainty and ambiguity, one of the things we havent talked about at all is what the view of the nation should be regarding uncertainty. When you move away from the standard and expected framework or even within that we have to have the government be riskaverse. Once you move into areas where there is not ambiguit...

Americans not scrutinizing it too closely. Happened inwhat 2005 in 2006. The financial crisis in 2008 has really caused a lot of people to the fundamental propositions of the u. S. Foreignpolicy. And the onese approach is to continue to count on this disconnect. It is not a new phenomenon and frankly it hasnt really it plays out that way and a minute. I think that is a reasonable approach. There is a couple different ways this manifests itself. During the cold war, this of course, it was a bipar...

Going to be joining us in just a second. First, welcome, all the people out in live stream land. Well be taking your questions on hash tag politico breakfast. Tweet us, welcome to the others watching. Appreciative to the bank of america for making these conversations possible. We had a Great Partnership this year, including conventions, election night, and so were very, very excited to be ail to bring these substantive conversations about the most important issues driving washington to you, than...

Mr. Reid mr. President . The presiding officer the majority leader. Mr. Reid i ask unanimous consent the call of the quorum be terminated. The presiding officer without objection. Mr. Reid mr. President , this senate is a place where we make friends we have our differences on policy but we really are a senate family. And its just not that way with democrats who work here in the senate. Its also with republicans. When we work together, which we do outside the view of most of the public, we work w...

Point, yes, we have class warfare. Those who are poor are completely left out of the National Dialogue on poverty and hunger. That is a bipartisan effort, to keep people who are poor out of the National Dialogue. That is why i work with low income women to be able to take photographs and provide direct testimony on their experiences with raising children in poverty, how to break cycles with poverty, and there are so many conversations happening. This concept of violence and the trail. People hav...