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Saving for retirement and savings stated after retirement. And you reap lord says americans s accounts are rising. This is just under two hours. The finance committee will come to order. Would you take a look at the state of Retirement Savings in america, it is clear that something is out of whack. The american taxpayer subsidizes retirement accounts. Still millions of americans nearing retirement have little or nothing saved. The fact is the incentives and savings in the american tax code are not getting to those who need them most. Of the pack savings has about 59,000 set aside for retiremen...

Himself called 911 with a simple request. Im on speaker phone right now. [ screaming ] stop chasing me im going to crash okay. Are you the driver driving the wrong way . Yes, i am okay. You need to tell him to stop chasing me tell the helicopter to stop chasing me. Reporter one that couldnt be han horde. Reporter the dispatcher somewhere in the east bay. Tell the helicopter to get off me stop the chase and i will stop running reporter the driver apparently named justin was right. He did crash in North Berkeley at the corner of hearst and california. Andria borba, kpix 5. A growing environmenta...

Friday. You can see this morning theres green arrows up again. The s p futures up by 6 and nasdaq up by 18. Steve. Dupont is just breaking and my software is just loading and i dont have it. Were going to read the stories here and becky and andrew look up dupont there. Four dow components among the Companies Set to release before the bell. United and verizon. In Economic News arguing Central Banks need to set higher inflation targets to avoid dealing with low economic growth. Rosengren said he wanted to debate whether the u. S. Target of 2 was too low. Developing story out of the midwest today...

And its been a while since we didnt have any the irs is going to become increasingly dysfunctional in terms of its basic mission. And my concern is not what do we collect with our own efforts, my concern is at some point the voluntary Tax Compliance system begins to erode. And thats not an on off switch. And you cant wake up one day and say, wow, i didnt know that was going to happen, heres some more money. So part of the reason im so serious about this is that people need to understand the fiveyear implications and ramifications of where were headed. And as ive said in other contexts, i dont ...

Cuts, its tax enforcement Taxpayer Service improvement of the i. T. Systems have to be put on hold. In terms of the implement ache of the Affordable Care act, i couldnt be more pleased with what the employees of the irs have been able to do. Thank you commissioner. Thank you, senator sasse. Let me admit back the envelope calculations are dangerous my logic was in error. Really the extrapolation 172 times 2, would be 344 in the second year and 430. Its not i want to correct the record. I was wrong. The so really looks like the minimum penalty will be the maximum penalty if we extrapolate it. We...