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April 2, 2011
>> some goes for empty paychecks, former ceo got a raise of 80 increase in two years from 900,000 a year to more than 1.6 million. some of the money also goes to lobbying. aarp is the fourth highest spending lobbying group in washington and one of the things it lobbied for was the new health care law. >> they know it will protect the benefits our ce orcs receive. >> the law cuts 500 billion from medicare, leading critics to believe if aarp had a conflict of interest because they predicted the cu...
April 2, 2011
A lot of people dont do that. >> exactly. thats a long time. >> gregg: it is. lets hope it works out. amanda, money magazine, great to see you. >> thanks, gregg. >> heather: nice tips. some republican lawmakers, they want a government investigation into the aarp. they say there is questions about the groups profits and tax exempt status. jim angle has that story. >> three republican lawmakers are calling on the irs to investigate the nonprofit states of aarp which makes hundreds of millions of d...