Peter Marisi News Today

The trump administration . sean hannity iscalling out waters and the left saying the reason they are getting radical is because president trump is defying their predictions and finding success . >> we will be doing it in october, maybe a little sooner. one of the things were thinking about bringing the21 percent back to 20 and for the most part the rest of it could go to the middle class . heather: trump is delving into the details about the second phase of his tax cuts which he expects to roll ...

Shift in u.s. monetary policy in nearly five years. the fed expected to ease the model designed to prop up the economy during the financial meltdown. here to explain what this means for us as well as the economy, university of maryland economist, peter marisi and greg, gentlemen, good morning. >> good morning. >> lets set the bar where we are with the economy. this is kind of a snapshot that we have. unemployment steadily declining. 7.3%. home sales up 17% from a year ago. inflation seems to be ...

Beneficiaries. for those -- i just turned 52. my retirement age now is 67. if my kids were going to retire at 68 or 70 it would really be no big deal given that life expectancies are expanding so dramatically. 78.2 years now. its going to be 80, 90 years when our kids hit that part of our lives. i dont really understand either adjusting the cost of living benefit which is, as you say, very modest, or even changing the retirement age. it seems theyre messing around with things that, you know, rea...

Problem in health care, and that is its simply too expensive in the united states. >> id love to get you back. were going to get more details and well hear more of the debate coming up. peter, ron, great talking to both of you. and well be right back. ♪ [ acoustic guitar: upbeat ] [ dog ] we found it together. on a walk, walk, walk. love to walk. yeah, we found that wonderful thing. and you smiled. and threw it. and i decided i would never, ever leave it anywhere. because that wonderful, bounc...

They claim to be. >> how do you see this as meeting us halfway? we cut $5 trillion in spending. he raises $1 trillion in spending and raises $1.1 trillion in taxes. >> if you want to defend the middle class, you dont cut social security and you dont cut medicare and you dont cut benefits for disabled vets. >> lets bring in cnbc contributor ron insana and university of maryland business professor peter marisi. can we start with the bone of con tense, changes of social security. the house and sena...

Jenna: our next guest is warning the impact of super storm sandy could slow growth in this already weak economy to as little as 1% in the fourth quarter. it could also unleash a big, big spurt in spending as stricken areas start to rebuild. how do these thins come together. early estimates of property damage along the eastern seaboard are running as high as $20 billion and it could end up a lot higher than that. business losses could reach another 30 billion. you have a total loss of $50 billion...

Nature of american capitalism, watch out for gingrich. a state college professor is a heck of an opponent for a constitutional lawyer. id gladly take the president on and put gingrich in my stead. >> jonathan, your thoughts? >> where to begin. look, i think the republican opponents whether its going to be newt gingrich or whether its going to be a mitt romney, the president is going to have a tough re-election campaign to begin with. the economy is still bad. he shouldnt be in as good a position...

We woke up this morning in our hotel to a cascade of negative super pack funded ads. ill just reverse the order starting with you, peter. how much of an asset to the obama campaign is the republican opposition and what could the republican opposition do to call the president out on the breach between the magical words of his speech and his speeches and the failure to address the bank restructuring trade agreements and the tax code? >> well, i think they need to get away from attacking each other...

Street perspective and the wonderful confluence of events is that all of this neatly happens to happen last night in washington with the state of the union address and allows the president to basically give a campaign speech in the august house chamber. >> that is living if youre a politician im sure. peter, at the end of the day we all can endorse the presidents rhetoric. i think we all fundamentally agree to not having two sets of rules, to having a culture of investment, to having a culture o...

Up. on banking we still have the problem of banks too big to fail. ill see if he keeps his promises if citi bank needs a bailout because it really is still too big to fail. we need to chop them down to size and that hasnt been done. on trade what he announced last night, a special task force, he really already has that. thats what the u.s. trade representative does. he simply has not gotten tough with china on currency. hes acknowledged it needs to be done and he hasnt got it done. the stuff on ...