Page 797 - Pensions News Today

Retreats, speaker boehner retreats. speaker boehner should be replaced. why would he do this? hes taking a hit in the short term to do things that benefit republicans in the long term. what did you talk about? potential for market turmoil and for republicans to blame something. what did he do? he couldnt find the votes to say, link this to a medicare fix. couldnt find the votes to link this to something else, maybe military pensions, he decided instead, let the democrats pass this, most house re...

And hug him for the first time in that long. >> amazing rafael romo. what an assignment you have today. now to washington, just in, the house of representatives voting to repeal a cut to military pensions, move from last years budget agreement. earlier, house speaker john boehner and republicans dropped their demand to link this repeal to a measure raising the debt ceiling. that vote over the nations debt scheduled tonight. drug trafficking, money laundering, feds take aim at the mafia, arrestin...

This. but i think it doesnt change the fact the dynamics are changing corporate america, and the government is looking to step in and provide more benefits, companies are looking to provide less, leslie. >> as we know historically anytime a company wants to have more money so they can have their yachts and their jets and multiple homes, what do they do? they take from their workforce, they take their pensions, they take their 401(k) plans. they take vacation time and certainly cut into the healt...

Fact, that -- we saw just last night, that that case was turned back, so that, in fact, in arizona, so the lawsuit challenging the arizona governor, jan brewers medicaid expansion, was followed by fellow republicans in the state legislature, which actually dismissed in a ruling on saturday, in this major victory. but here she is, trying to be honest. and she gets sued by her own party. >> instead of having an honest agreement. you know, the reality is, at a certain point, youll have the votes on...

Companies to bring pensions up to date which means revenue and tax collection. bill would have excluded any kpla mant who earned $1 million more in the previous year. this would have added zero to the deficit and senator portman voted against it. today senator portmans office provided a statement which reads in part "with record numbers of long-term unemployed workers, i worked with my colleagues to try to find a common sense way forward to pay for three-month extension of unemergency unemployme...

Woman from nevada, 57 years old. shes couch surfing. going around to friends homes, apartments, and sleeping on their couch. 57 years old. worked from the time she was 18 years old. shes lost her job. she cant find a job. shes a long-term unemployed. >> the measure needed 60 votes to pass because republicans filibuster everything, so it needed five republican votes and it got four of them. senator kelly ayotte of new hampshire, senator susan collins of maine, dean heller of nevada and senator li...

Todays bill had offsets. the $6.4 billion was paid for by pension smoothing which allows companies to bring pensions up to date which means revenue and tax collection. bill would have excluded any complaintant who earned $1 million more in the previous year. this would have added zero to the deficit and senator portman voted against it. today senator portmans office provided a statement which reads in part "with record numbers of long-term unemployed workers, i worked with my colleagues to try t...

All the time about these burdensome pension obligations, how expensive they are, how public employees need to take a haircut. meanwhile you find that we are actually giving out more money in corporate sub is ysidiesubsi. >> we looked at ten states and compared the annual costs of those pensions to the am costs of state giveaways in the name of economic development and just out right corporate tax loopholes, delaware and nevada, passive income loopholes, failure to tax income of certain kinds loo...

Lifetime. if you play 3 1/2 to 4 years, you get five years of insurance, continued insurance and then you have a $25,000 a year that caps at like $300,000, which is 12 years. i played 12 years, i was lucky to be in that first class of people that get lifetime, not lifetime but whenever that 3 $00,000 caps out. the league should do more, the league should do more with this collective bargaining negotiation, it comes down to one side saying what were willing to accept and the other side what were ...

If theyre lucky, a lot of full-time elected officials receive pensions. full time. now in illinois, even those who work part time are getting lifetime benefits. in fact, just 42 former part-timers in illinois collecting -- receiving collectively over $200,000 a year. should your tax dollars go to support part-time workers so they get full-time pensions? stuart varney weighs in on this. how do they let that happen in illinois? >> let me reverse it for a second. if you work in the private sector, ...