This is polls and bears. Thank you for joining us. Joining me today, john, jonathan. Democrat michigan congresswoman, pushing out for the minimum wage to be 20 an hour, stating that she cant allow people to be living off of tips. Larry responding with a warning about the impacts the high wage could have on small businesses. Some wages go up for workers but we also lose millions of of jobs. Businesses cant afford it. We can have an unlimited wage through private sector. What a 20dollar minimum wage be worth it . It is a killer for small businesses. It hurts every teen in america. I have a teen, i wouldnt even pay him 10. Honestly, young people, minimum wage is typically the first job you get. Someone getting minimum wage, they get it for six months and they get a rate raise after that. We know this, this is proven, coming back to the first minimum wage in the 30s. It destroys jobs. It resulted in less pay, even Bernie Sanders campaign now. We know this. It destroys opportunities. I make more than my minimum wage job now. People build their skills. I dont believe in one answer solutions. We have a minimum wage that hasnt increased since 2009. Overall, i think its concerning the inequality. I think that is the indirect message here. Why not talking about disadvantaged people . Housing for low income people. Everybody increase minimum wage, they have not been doing as of late as well. I agree. It needs to be rates. Fifteen dollars, but think about what 20 means. 38000 a year, a waiter for waitress at ihop would make 20, 83000 a year. Twice a starting teacher would make. This makes no sense. Wait a minute. Minimum wage goes away with economic wages. You say we need to raise the minimum wage, but 20 is not the right number. So what is . Minimum wage should be zero. Let people begin to build their skills. Weve got breaking news. Shares of amazon, apple and facebook and off of it all falling. Reports of the Justice Department opening an antitrust review. According to d. O. J. , it will focus on internet search, social media. Its not naming specific companies but we know the list. Its outrageous. These are iconic companies. Weve got other countries trying to tax our own companies. Now we are taxing our own companies . Dont they realize they misused it . That is a different issue. I think the idea that you get big and you are successful, somehow you are a monopoly . Microsoft began its antitrust accusations in the 90s, it was 17 years before the stock regained. This is very worrisome for these companies. Im looking at the stock, they are going down. They were doing well. Im wondering, is there going to be a big selloff tomorrow . I think so. Its gone up a little since then, i still on google and amazon but i do believe this is the new one. They go after banks and old companies, Tech Companies are the red meat for their base. It is going to hurt them. The Technology Information age, companies, there is so much competition. Its not easy to stay at the top. Let the free market work. So much of economics now is centered around politics. Weve got a perfect storm. Republicans and democrats for their own reasons going against the companies. We have to stop lobbying for these companies. Lets stop that altogether. I agree. You remember a long time before microsoft had a lobbyist. Just leave us alone. Not anymore. Conservatives up in arms over what trump calls a real compromise on the budget. Could their opposition to the bill . Latest from capitol hill coming next. 22 trillion within the next two years. Im easy on this vote, its a no. So you only pay for what you need. Liberty. Liberty. Liberty. Liberty. Join us for a walk . Id love to, but my legs and feet are so tired and achy. Walter, you need revitive its the circulation booster it really got me moving. I use my revitive every day to relieve my aching legs and feet. Its so easy. Drug free. 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You know your family we know Senior Living. Together well make the right choice. Ill make no apologies for this. I think it is the best we could have done. The alternatives were much worse. Perpetual chaos. I think weve done the best we can. Senate majority eater defending a new budget deal. Causing some outrage among some. Mark walker wishing his disapproval and showing the villain the joker, a pile of money on fire. Lets bring in chat. Its easy to joke but its no joking matter. Are there enough preservatives republicans on this . To keep it from passing . Hopefully we will know more later tonight. They will be ripping his side later tonight. This will have to be a mixture of democrats and some republicans. If the president is on board, that could change things. Many dont like this at all. He said its something he cant support. I asked him, isnt that the problem . You look at the two biggest areas of spending, entitlements and defense spending. He said it is toxic when cutting those things. Everybody wants to cut spending but they also dont want to give up on the issues they like when it comes to defense. New talk about entitlement, here is the dirty little secret. This does not fund the government. All this does is set the spending cap, by september 30, they have to vote a pass. Whenever you want to call it, they could risk a Government Shutdown if they dont work it out. This is only the first half. This is more of a comment. I think i feel a conspiracy of silence on both sides. We continue to talk about this on the show, interest on debt that we are paying, it will triple in the next decade. Whether it could potentially be knocked down by both democrats and republicans but i am more concerned, we put the cap on, what is next . Why has nobody been talking about it . Republicans, nobody is talking about it. Trump talks about having serious deficit talks and conversations and a second trump term. Nobody believes that. Keep in mind what they are doing as they are lifting the caps which are imposed after the big fight over the debt ceiling. Those were imposed in 2011. Paul ryan several years ago, mine was the speaker, he kept going down the road how long we keep the caps on. Now they are taking them off. The one thing they made a difference on, they started to save a little from the agreement from 2011. The reason it was so honest and the defense is the largest portion, the Part Congress controls, they started to make a dent. But the problem is, nobody wanted to spend less on defense. For three years in a row, the federal budget fell. I cannot blame into pelosi for this, republicans are partners in crime here. Its a really tough felt. Promising to be conservatives, this is a betrayal. Well see whether they can get those votes. They look like hypocrites, they are. Ive got to say, i am frustrat frustrated, all republicans who oppose it under obama, they were very adamant about that. You have the president years. Why not make that . What has happened here is the white house is very afraid, a Government Shutdown and they dont want a big fight over the debt ceiling. They feel like they have cleared it. I think they could have gotten a better deal. Do they have any say at all . Fortyeight, 40 votes in minority. That could be a key if they pass this. They will vote no. The chair of the republican committee, that is the largest block of conservatives. He opposes this. I asked the treasury, they have their weekly lunches, i said will this past . He said this will pass, absolutely. President supports it. What happened to the Republican Party . We have the largest debt in the history of this globe. They are about to sign two more years. Theres no difference between republicans and democrats. The only thing in partisan its all of them, they just all want to be reelected. This is a key question. You have people who go out and say, i oppose voting to rate the debt ceiling. If they are not for cutting entitlement, ive asked senators and house members, are you disingenuous . I wont vote to raise the debt ceiling but they dont want to address entitlement. Mcconnell said the entitlement programs were written for the 30s and 60s. Need to calibrate that. They have not done that. Now they cover much more than they did when they were created. Great stuff. 2020 democrat Elizabeth Warren isnt waiting to win the presidency to put one of her major agenda items into effect. Details on who will pay for that, that is coming up next. Its a question of our values and choices we make. Hey im bill slowsky jr. , i live on my own now ive got xfinity, because i like to live life in the fast lane. Unlike my parents. You rambling about xfinity again . Youre so cute when you get excited. Anyways. Ive got their app right here, i can troubleshoot. I can schedule a time for them to call me back, its great you have our number programmed in . Ya i dont even know your phone anymore. Excuse me . what . I dont know your phone number. Aw well. He doesnt know our phone number you have our fax number, obviously. Todays xfinity service. Simple. Easy. Awesome. Ill pass. A 2 tax on the top one tenth of 1 . Of fortunes in this country, those that are more than 50 million. That would be enough for universal childcare, Tuition Free College and cut Student Loan Debt for 43 million americans. Elizabeth warren is officially introducing a bill and eliminating to it that for americans. 50000 in Student Loan Debt for household making less than 100,000 a year. She claims her legislation for impact 43 million americans with student debt and she is starring in free tuition. The full cost yet to be determined. She plans to pay for it with attacks on those who own more than 50 million in assets. Is the bill worth the cost . Its not just out greatest, you get a free education, its protecting individual rights. Whats frustrating is she does not talk about education within the context of why education is so expensive. Why has the cost gone up with things Like Technology and clothing and other elements . Thats because government has meant results. For every dollar of student loans, the tuition goes up 58 cents. More than that. Thats why college is so expensive. The scandal here is how much college is and they are charging families. People did pay off student that, like you. If you hadnt done it, its ridiculous. A lot of these high ranking individuals come from a lot of these schools that have power later on and they are influencing capitol hill. That is a major issue. We are not objecting the actual issue. The issue is extremely high tuition. Everyone gets almost 30,000 dollars worth of student debt. That is high compared to other countries. The point is, the issue of education itself. Elizabeth warren has ignorance of what is wrong with our country. What is wrong with inequality. A kid from a low income area who does not graduate high school is 47 times more likely to end up person rated. Low Income Housing in low income areas are not graduating high school. Who is this for . This is for the 1 . Fix the education system. This is ignorance. What gets me, shes getting all these plans, everything will be paid by this tax where she takes 2 , money already taxed, she takes 2 of the wealth from these very rich people and that will pay for it all. Rich people dont get rich by being stupid. Did you say we rich people . Rich people will find ways to avoid this tax. It didnt work. In the end, you pay for free food, free tuition, free childcare. The culture here, if you want to know why it is so progressive, its because government has played such a dominant role. California making headlines as the first city to ban natural gas. What does this really mean for businesses and people who lived there . That is next. Fisher calls regularly so you stay informed. 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There was unanimous approval, no one spoke out against the move. The utility out here also backing it as well. They do have electricity and gas for the city. It will be a winwin for them. They are creating electricity or many cities. Its unclear, what will happen to the price of natural gas. Just like many other areas, residents are paying way above the natural average. 50 more for both. The costs are already quite high. We are in a unique situation here. Natural gas is not widely used out here. Mostly just to heat water and cook with. Its mostly from solar and wind sources. They like to be seen as the leader. Energy programs are pretty novel and no Plastic Straws to be found. When you eliminate natural gas, critics call it for two signaling. We are looking at making Construction Costs lower. The energy costs themselves will be lower because the electric devices are more attention. They use new technology that is now four times as efficient as your typical gas appliance. 2000 using its in the next five years. Developers tell us if its expanded to taller buildings, would add more costs. If we were to use individual hot water heaters, that would probably go up by ten or 20. Would add three or 4000 each apartment to add a hot water heater to each. The heaters would take up valuable real estate, which are getting smaller and smaller. He grew up here in the area and has developed it for about three years. Solar and natural gas is the most costefficient way for larger buildings. Thank you. Will it really help the environment to make the cleanest fossil fuel we have, more expensive for the poorest families . I dont think it will help the in permit. It is the cleanest fossil fuel. This is a democracy. The City Council Unanimously approved this. While we may disagree, i dont get wise, natural gas is one of the best things to use, but it is their right as a democracy to run it however they choose. Its not a consequence that berkeley was named by a major survey as the worst place for new home buyers because of initiatives like this that make it more expensive. The 3mile island accident, it basically turned off generations to nuclear power. Another clean energy source. Any use of fossil fuel, even natural gas which is half of polluting as crude oil, this is what makes our economy run. Thats their goal, to hurt man, not even help the environment. Dont you think that is an exaggeration . This is only affecting low rise, new buildings. Everybody is going with it, even pg and e. The fact that in that report that we heard, both prices have been climbing in california. It will not change that much. I think all of this weve got to run, for folks poor folks are the ones who are going to have to pay for this. 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