466 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Friday. don't feel bad for walmart. the company that earned more than $466 billion in revenues in the 2013 fiscal year has enlisted none other than sir elton john to perform as part of the events surrounding their annual shareholders meeting. walmart will also have to use some of their earnings to pay $82 billion in fines after pleading guilty on tuesday to improperly dumping hazardous wastes in california and missouri. for walmart, that's pocket change. so is change reallying co incom walmart? ed is joining us, mayor of allentown, pennsylvania. i want to start with you, peter, because we've b...

Ball to see that. >> the income gap is so out of control. you know, we can't just keep vilifying them either. if you just keep vilifying walmart and not figure out a way to work with them, we're never going to get anywhere. if you look at -- i looked at 466 billion was -- the next highest retailer in the world only had 113 billion in sales. they are three times larger. they're not going away. we have to praise their efficiency and what they do well and we have to challenge them on deficiencies and figure out a way to go forward or else we're never going to get anywhere. >> i will ask again. i ...

Military. some of these things, like medicare, back to the states. medical malpractice reform, strengthen work force by attrition. i've got the bill and it's there and i want people to look it up. it's senate bill 3473. it solves the problem. we have other ways. whatever happened to the old democrats? remember it was kennedy back in the '60s that said we got to raise more money, more revenue for the great society programs and the bestncrease revenue is to reduce marginal rates. he did it and what happened? he increased the amount of money that came from rates, 94 billion. then along came reaga...

How worried are you about automatic across the board cuts? >> well, i'm very worried about it. speaking from experience, having lived through a period when the military was made a bill payer for the federal government and we saw what happened as far as the reduction of ammunition and fuel and spare parts, and when i deployed in 2003 we saw we didn't have enough body armor. my humvee was one of many that didn't have the up-armor which would have been a bad day for me if the ieds had started early. to we have made the cuts to the military, $466 billion over the next six years and another 500 abo...

Bill: what about your tea party supporters that say you have got to bring this stuff down somehow. >> we already looked at cuts in the department of defense by $466 billion the next 10 years. but we have to look at many different government agencies. fails duplicative programs. why do we have a department of commerce and a u.s. chamber of commerce. a department of energy that was created 40 years ago to make the united states of america energy dependent yet are dependent on foreign energy sources 66%. i think we can stop the growth of the bureaucratic nanny state. bill: what did you think abou...