There has been historically, if we do a couple of things differently everything would be much better. I dont think thats the case. I think, first of all, this is a very complex business. I think were actually pretty good at it. We had the best military in the world and we have had the best military in the world for quite a long time. I think we can get a lot better and we need to do a better job in a number of different fashions than what were doing. As an industry person or as a government person, i believe that identifying specific things you can do that will actually have an impact, trying them in some case and seeing if they do and attacking on a number of fronts prioritizing those fronts and going after the things you think will have the greatest benefit is the right approach. We have learned from our own experience here. And i think were actually making quite a bit of progress. If you look at the data i think you may be starting to see some changes in terms of results. If you loo
Mr. Ellison let me thank the speak for allowing us time to talk about the peoples budget. This is a budget that puts. 4 Million People back to work. Earlier in this debate, my colleague on the other side of the aisle, pulled up a chart and did a comparison between our budget and the republican budget. But there was one category that i did not see on that chart and that is how many jobs do you create . How many jobs do you create . This is the right number we should be comparing budgets on. I would say for americans all over this country looking for work, wanting to make a valuable contribution to themselves and their family, this is the right budget because this is the jobs budget, this is the good work budget, and this is the peoples budget. Id also like to give a big thanks to over 150,000 people who signed a petition in favor of the peoples budget. Citizen ack at this slists know whats good for their government. They want the progressive budget, trained economists who have stripped
Welcome to the willis report. Your somehow, your money, your voice. Tonight a new Government Program to help thh middle class invest for retirement. President obama and the administration started the new today selling it today. Its called my ra. What does it do . Will it help anybody . With us now the chairman of advisers and the president of tfg management will be joined a little later by ed from chatwood capital. Welcome to you both. To get started. I want to start with a description of what it is. And hear some details. Weve been reporting in this all day long, the detail from the president last night state of the union pretty thin. Here is what we know now. Youre only eligible if youre solidly middle class earning less than 191,000. You make after Tax Contribution like a roth ira. Its 25. You can get started cheap. And savings maximum you can have is 15 ,000. This is a completely liquid account from Senior Administration officials told me this afternoon. If youre following my twitt
Iim gerri willis. Get ready. A flood of obamacare rules are coming, and it will take a mountain of paperwork to get in all the fine print. Fox businnss Liz Macdonald this year. Lets break it down. You know what i love about congress . I dont really love it. They pass a law and then its sort of like the irs has to do it. The irs has to enacted and oversee. And the joke is that the iris is operating on pneumatic tubes. The obamacare law is going to basically blow a lot of circuits and burn a band with. So the deal is made if you have investment income, Capital Gains or dividends, not only do you have to pay taxes when you cash out, youre going to have to pay an extra surtax on top of that. So what were seeing is the ira saying, we have to a shoot possibly 1509 pages of rules. It becomes a little bit about this and then it disappeared. Apparently it disappeared from the irs. All of a sudden out of the blue we have that already by april april 15th. Nancy pelosi said we have to pass it to s
Iim gerri willis. Getready. A flood of obamacare rules re coming, and it will take a mountain of paperwork to get in all the fine prnt. Fox buinnss liz macnald this year. Lets break it down. You know wh i lov about congress . I donreally le it. They pass a law and th its sort of like the irshas to do it. The irs hato enacted ad oversee. Anthe joke is that the iris is operating on pneumatic ubes. The amacare law is going to basically blow a lot of circuits and burn a band with. So the deal is made if you hae investment income, Capital Gains or dividen, not only do you have to pay taxes when youou cah out, youre going to have to pay an extra surtax on top of that. So whatere seeing is the ira saying, we have to a shoot ibly 1509 pages of rules. It becomes a little bit about this and then it diappeared. Apparently it disappeared from the irs. All of a sudden out of the blue have that already april april 15th. Nancyeli said we have to pass it to see whats in it. Well now were seeing whats