Page 937 - Pensions News Today

Trillion of spending cuts. >> over how long? >> 10 years. but here is the really interesting thing. lets go to the next chart. half of those -- >> thats nothing, though. >> its not nothing. look at the next chart, joe. the next chart, ryan is proposing to cut 33% out of what are so-called other mandatory programs. this is not medicare or medicaid. but look what these are. >> herein lies the problem. and this is what i have been saying is wrong with the republican party and the democrats because ...

the latest shooting was on monday when three children and a teenager were kill at a nearby jewish school. police say negotiations are still under way with the suspect in this hours long standoff. diana magnay joins us from toulouse with the latest. this standoff has been going on for three hours now at the very least. is there a sense theyre making any headway? >> reporter: well, weve just heard from the mayor, actually, whos been talking to police right outside the house, just up the ...

>> teacher in louisiana saying they are standing up for student to protest education reformings. rich, you say it is exactly why we need the reforms that they are walking out on. >> yeah, give me a break. teachers are not standing up for anybody but themselves and their unions and all of us on the show agree that we support teachers and we support ones that really care and what i dont get about the unions is why they spent so much time protecting the incompetence and border line pedophiles and p...

Radicalist. everything he advocated, old age pensions, worker safety, womens suffrage became the law of the land within a couple of decades. >> scott ferris, you can come back to nerdland any old time. alison is going to hang out with us a little bit longer. up next, the day that changed american politics. [ male announcer ] this is lois. the day starts with arthritis pain... a load of new listings... and two pills. after a morning of walk-ups, its back to more pain, back to more pills. the even...

Budget. it has to do with the fact that teachers, public employees have a chance to decide whether to belong to the unions and the unions are aware they could lose millions in members, so, in my opinion that is what the fight is about. >>mike: lets look at the situation over the 72 school districts in the state of business $162 million. and 330,000 students affected. and $500 per student. what is the solution? >>guest: well, the solution is the economy we are in right now makes sense. for public...

Pensions. here in san diego * we have a retired librarian who draws a $234,000 annual pension. and workers are getting -- can retire with full benefits at age 55. new employees wont get a pension, they will get a 401k. currents employees will pay more on politicians will get no pension at all. >> i want our taxpayers to know government employees are going to receive no better retirement package than the hard working families that pay the bill. >> this ballot measure is illegal. if it passes well...

Force two cities to go bankrupt. that includes the wildly popular tourist destination of san diego. that is where we find william la jeunesse. he is live. william, explain if anything can fix this. >> reporter: well, this is ground zero, ali, for pension reform. voters in june will consider ballot initiatives here in san diego and san jose will radically change how government workers are paid. let me show show you why. half of every payroll dollar in these cities pays not for salaries of current...

White house. >> another measure of the growth of the regulatory structure is the length of the federal register, last year ran to $82,41 -- 82,415 pages, new record. which has grown by 20% in the last three years, twice the growth it registered in bushs first three years in office. >> bret: thank you. san diego may soon be ground zero in the battle by cities to get themselves out of massive debt over public pensions. correspondent william la jeunesse looks at both sides of the struggle. >> facin...

Of scare tactics and misinformation in the arguments to spike pensions over the past 15 years. they said if you didnt give employees lavish pensions we wouldnt be able to recruit and retain quality employees. those arguments were false. they led us down the wrong path. and now we are paying the price. >> reporter: so, jon, as you know unions will fight this tooth and nail, first in television, direct mail and finally in the courts if it survives however, you can bet that other cities are going t...

Under the last presidency everyone was upset with the oil speculators. >>gerri: this is interesting, from the commodities future trading commission, look at prices, how much they have gone up, this is what you can attribute to speculators, according to the federal government, the people that my network would say this is bunk. >>shepard: why? >>gerri: they say 80 percent of the price of oil is oil. 80 percent is gas. more of what you see in the northeast where prices have spiked so much refiners ...