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/PRNewswire/ -- The Missner Group, (TMG) a Chicago-based fully integrated general contractor and real estate developer, is pleased to announce the completion...
Assistant at the bank paid more in taxes than they did. look, the economy is booming in so many respect, but for 40 years -- this isn't just donald trump. 40 years the average american, if you look in real term, haven't really gotten a wage increase. >> dana: will you keep the trump tax cuts in place? >> i would change some of it for sure. one of the things we saw last year, trillion dollars of stock buy backs. that wasn't done for the person who cleans the bank, it was going for the head of the bank. corporate rate, 21%. i think you can put it at 25% >> dana: you don't think that would hurt t...
Good day, there's new hope this friday that we are not headed for a double-dip recession. the stock market surged thursday when a european deal helped diffuse the debt crisis in europe and greece. meanwhile, the commerce department says the economy grew twice as much in the third quarter than it did in the second, and the administration just announced two new executive actions. could it be the president and the economy, on a roll? >> i got so excited when i saw that the u.s. economy grew at 2.5%. >> the good economic news rang in a rally on wall street. the dow up nearly 340 points, but will t...
$147 billion a year in terms of cost to the federal government. so there's $1.5 trillion with 1% increase in interest costs if you don't cut enough. so if you cut 1.5, we get a 1% increase we haven't done anything. so you have to be aggressive. you have to actually get it done. a couple of points. number one is, if you did everything that was in this recommendation, the government in 2020 would still be 63% bigger than it was in 2001. in real term. that's number one. number two is the government as a percent of the gdp would be back down under 20% which has been its historical average. which g...
Significant spending and getting your house in order, otherwise you're going to get a downgrade, and a downgrade is an interest cost for every 1% increase in interest cost, it's at a minimum $147 billion a year in terms of cost to the federal government. so there's $1.5 trillion with 1% increase in interest costs if you don't cut enough. so if you cut 1.5, we get a 1% increase we haven't done anything. so you have to be aggressive. you have to actually get it done. a couple of points. number one is, if you did everything that was in this recommendation, the government in 2020 would still be 63...