Wrote for slate, you stated that while supporting the minimum wage absent other policy changes, you would prefer other policies because they tend to be more progressive, paid for disproportionately through taxes on the wealthy, on upperincome individuals rather than through higher prices that might be passed along to consumers. In a piece on the minimum wage for the New York Times this march, former cea chair christina roamer made a similar point stating it might be the case that, quote, businesses pass along some of the cost of a higher minimum wage to consumers through higher prices. Often the customers paying those prices including some of the diners at mcdonalds or the shoppers at walmart have very low family incomes. Thus, this price effect may harm the very people whom a minimum wage is supposed to help. Is it, in fact, likely in your opinion that consumers would foot the cost of a higher minimum wage . I think its a relatively small portion of the cost for those businesses. I th
Decade. So the work will continue. Are you getting cooperation from libya on this issue of capturing and seeing that those who committed the attacks on our conflict are brought to justice . I dont want to talk in particular about particular operations or particular conversations, but as we have said publicly the leaving government has been cooperative with us in this investigation. We expect them to be cooperative with everything weve done and the support weve given them. Let me ask you, in terms of the al libi capture on october 5, as i understand he was captured on october 5, placed on ship and then was interrogated for, this is going to all public information, now hes been publicly indicted, until the 12th in which is brought into civilian custody, is that right . I dont know the exact dates spent just about a week of interrogation . Sounds right. Mr. Beers, identify the beginning of al qaeda as the attacks on our embassies in africa, and, of course, al libi has been charged with th
Is set to discuss strategy with Health Insurance ceos. White house meeting comes after obama adds a substantial change to the law. The president said thursday that Insurance Companies can offer another year of coverage under their existing plants. Thats because people have been losing coverage and havent been able to find new plans on the healthcare. Gov website. It continues a white house official says that obama and senior aides are meeting with a senior officials to discuss Holding People enrolling in new plans and help to minimize any disruptions as consumers switch to new plans. The official was not authorized to speak publicly in advance about the meeting. They spoke on the condition of anonymity. That from the associated press. At the head of the Congressional Budget Office testified wednesday before the house and the Senate Budget Conference Committee Douglas Elmendorf told the lawmakers even shortterm agreement on spending levels would be better than no deal at all. Conference
Television for serious readers. Coming up next hearing on the Health Care Law and federal subsidies for insurance providers. This is an hourandahalf. The chair will recognize an opening statement. Todays hearing is once again about protecting taxpayers and consumers from the consequences of the Affordable Care act, mainly the giveaway of taxpayer dollars to ensures. First, section 1342 of the Affordable Care act created what are known as risc corridors, a mechanism that will protect Insurance Companies from some of the financial losses. It works by decreasing payments to plans whose expenses are below projections, those with healthier than expected and release and redistributing those dollars to plants whose expenses exceed projections, those with sicker than expected enrollees. If done in a budget neutral fashion taxpayers would have little to be worried about when it comes to risk. But while the administration has paid lip service to the program being budget neutral it has also indic
Expense. If they live far from a va hospital, 40 miles is the agreedupon distance, you will secretary the. A. Ability to fire senior managers accused of mismanagement. They can obviously fire those who are ill performing. Timekes a very long because of federal rules about letting employees go and their process to appeal. This was one of the reasons the controversy started in the first place. V. A. More to come on this deal in the house and senate. Did address the immediate crisis of veterans being forced on the long waiting lines for health care. It strengthens the va so that we can put a permanent end to long waiting lists. It addresses the very serious problem of accountability and makes certain that this honest and incompetent senior officials at the va do not remain employed there and in addition and provide some other significant benefit for veterans and their families. Funding for veterans needs must be considered a cost of law, and appropriated as charges that they. Planes and t