Page 179 - Ed Schultz News Today

Demand in the market, which lowers the interest rates, increases the price of bonds. bonds trade inversely to their interest rates. so that will drive down interest rates, encouraging people to borrow more money. >> so what is this going to do to the housing market? weve seen a slow recovery come back? should this really be a shot in the arm? >> it should help encourage that recovery along. what it does, it keeps mortgage rates lower than they ordinarily would be. >> and for the long-term? >> an...

What is going on there? >> well, there are efforts under way in ohio right now to gather signatures for an initiative, and i think were going to face this challenge in ohio, and i think other states. listen, ed, a handful of billionaire oligarchs. he intends to fund anti-union initiatives. thats what were facing. its an attack on the middle class. but were going to be ready for it in ohio. and i believe, as you said, i believe a sleeping giant has been awakened, and i think the people of michiga...

I might not agree with the direction the president is taking, but i got to pay my federal taxes or the irs will come after me. so the idea that you get all the benefits of the union membership and you dont have to pay your dues, and the union has to earn the support is a bunch of nonsense. the majority in those shops have spoken. 51% have wanted a union, and if you dont like it, you can take your business elsewhere. were only 17% union. i agree with the governor, though. its both a shot in the g...

0 thats a fun and important thing to do. the same thing happened when it came time to elect members of the u.s. congress from michigan. more voters in michigan cast a ballot for a democratic member of congress than cast a ballot for a republican member of congress. and it was by quite a lot, by a couple 100,000 votes. oorm, more michigan voters wanted to send a democrat to congress to represent them than wanted to send a republican to represent them. guess who is actually going to congress to re...

0 this time around in michigan, so it was the republicans who drew up the maps. and so republicans got themselves pretty good advantage. they got to decide how to clump voters in certain districts, how to divide voters in other districts so the election could produce the maximum number of republican candidates that conscience and the federal justice department would allow. that same dynamic at work that we saw in michigan, that same deal that played out there, it played out in other states too. ...

Save money, yes, but only because state governments, employers, and individual seniors would pay more. how much more? estimates from the center for budget priorities and policy shows the federal government would save about $5.7 billion, while the rest of the health care system would spend $11.4 billion more to give the same benefits. actually, this is what the republicans would like because it would help them kill the program. im joined tonight by pulitzer prize winning journalist david cay john...

What is your response to that? >> well, they have part of this right, and they have part of it totally wrong. what theyre right about is they see the handwriting on the wall and the fact that theyre going to have to join with democrats to extend the middle class tax cuts. because if they dont, the whole country will see that they were willing to tank the entire economy and give everybody a tax increase in order to get this bonus break for folks at the top. so i think youre seeing more republican...

To pay more was not a side issue in the campaign. it was a central issue in the campaign. and i have faith that the president is very focused on that. obviously every member of congress reserves the right to look at any agreement to make sure that it does reflect those priorities. but everything the president has said indicates that he is working to get an agreement that is good for the economy and deals with the long-term deficit in a balanced way, meaning that high income individuals are going...

It was a central issue in the campaign. and i have faith that the president is very focused on that. obviously every member of congress reserves the right to look at any agreement to make sure that it does reflect those priorities. but everything the president has said indicates that he is working to get an agreement that is good for the economy and deals with the long-term deficit in a balanced way, meaning that high income individuals are going to have to contribute more and share greater resp...

Costs in the health care system. they mean theyre going to unload those rising health care costs on to the backs of seniors. a very different approach than the president and democrats took in the affordable care act, where we reduce the overall expenditures without just passing them on. >> congressman chris van hollen, good to have you with us tonight. thanks for your time. >> good to be with you too, ed. >> remember to answer tonights question there at the bottom of your screen. share your thou...