Page 8 - Work Around News Today

Theyve worked their lives, 20 years and then lost their jobs. and to now put them down and out would make no sense at all. >> do you support a work-around on these defense cuts? nearly $600 billion. the president says no easy off-ramps. republicans are saying we cant gut the pentagon, even though thats what the failure of the super committee always said would happen. >> quell, let me say this. that would be a huge mistake, and it would basically make deficit reduction impossible. the whole purpo...

And $15 if your checking balance slips below $1,500. >> banks are trying new manners of fees, really turned into the airline industry trying to nickel and dime you. >> reporter: the work-around, keep all your accounts at a single bank, checking and savings count towards your minimum. number four, ever higher atm fees. you will pay $3.81 on average for using an out-of-network cash machine. so consider an online bank because many of them reimburse you for atm fees. final gotcha, soaring bounced ch...

Your debit card for revenue. >> its pretty irritating. >> reporter: bank of america is about to start charging a $5-a-month debit card fee. use your card once to buy a $1 bottle of water and you will owe it. a b of a spokesperson says economics of offering a debit card have changed with regulations. wells fargo and chase have experimented with similar fees. >> quite literally spending money will cost you more money. >> reporter: the work-around, use a credit card instead of a debit card as long ...

Which the house banned this year. so whats this all about? watchdog groups worry its a backdoor way around the ban. the house armed services chaim cuts hundreds of millions of dollars from a variety of defense programs and put the money in a newly created pot dubbed "the mission force enharsment transfer fund." lawmakers are using it to pay for projects and policy proposals. to some it is a pet project slush fund. >> this never has never been in this bill before. its certainly suspicious that it...

♪ ♪ ♪ its memorial day, may 30th, 2011. president obama is at arlington national sepl tore. live pictures paying tribute to those men and women who gave their lives to defend our country. shortly the president will speak at arlingtons amphitheater. his address live, as well as remarks from mike mullen and defense secretary robert gates. arlington national cemetery, 624 acres of hallowed ground, the final resting place for fallen troops from all of americas wars, including the mo...

It looks like a work-around. >> reporter: but it is another form of pork. >> well, no, i disagree. i dont think that it is pork because youre not able to allocate where it goes. >> reporter: that is a big difference with traditional earmarks, lawmakers guaranteed funding for projects back home. here, the defense department has final say over the money. but in some cases, there appears to be little doubt lawmakers districts would benefit. betty sutton secured more than $30 million for a defense c...

Hundreds of millions of dollars was cut from a variety of defense programs and put in a pot and lawmakers are using it to pay for projects and policy proposals. to some its a pet project slush fund. >> this money has never been in this bill before. its certainly suspicious it has occurred for the first time after earmarks have been placed under a moratorium and it looks like a work-around. >> reporter: but its another form of pork? >> no, i disagree. i dont think its pork because youre not able ...

what? they found another way to spend your money. plus, a dramatic escape for passengers aboard a delta flight. well show you what happened in this memorial day weekend, the fleet has arrived in new york. ill speak to a marine who survived being shot and is headed back to combat in afghanistan. we start with spending cuts on capitol hill. every politician is looking for a way to save a little money, whether its from medicare or public television or what have you. but funding cuts m...

passengers aboard a delta flight. well tell you twhapd. and take a close look at the circle on your screen. sometimes baseball fans will do whatever it takes to catch a ball, including dropping their kid just to make a catch, come on. its sunday, may 29th, 6:00 a.m. in atlanta, 5:00 a.m. in joplin, missouri. the nations chief executive offering a shoulder to cry on this morning, headed to tornado damaged joplin, missouri. president obama is expected in joplin shortly after 1:00 easte...

Karlgaard, elizabeth macdonald and quentin hardy. i put a lot of money in social security, should i kiss it goodbye? >> pretty much. social security was supposed to be a guaranteed retirement plan for people but it just isnt, because its more like a ponzi scheme. and the money is running out. the congressional budget office estimates in 20 years benefits will have to be cut by 20%. thats probably a conservative estimate. what we need to do in terms of reform is scrap this entirely. people coming...