start at 2:00 p.m. eastern. when it gets underway you will watch it live here on c-span2. right now, some of this morning's "washington journal". >> host: adam green is joining us pretty is the cofounder of the progressive change campaign. remind viewers about your committee and itsf work. >> guest: the campaign is about a million member activist group active in elections and issue advocacy. we describe the type of bold economic populace hero that we try to elect, both on the state level and federal level. then we work with them on issues like medicare for all, social security and others.

>> host: in virginia, what happened there? does that give you any sense of what might happen in 2018. >> guest: absolutely. a big sense but it seems that the democrats have the wind at their back going into the 2018 election. we are focusing on the candidates who want huge upsets in virginia. campaign members donated t ig nearly $150,000. we are thrilled to see good authentic people who weren't political hacks.ic we inspire people to come out in the swing districts. one woman won a huge upset. no one expected her to win perch she had a healthcare issue in her family. she iran on medicaid i expansion and she defeated a longtime republican incumbent. she was one of many people who iran for office and one. >> host: on the independent newspaper out oft britain, this is taking a look at 2018, talking about a potential for

weighing the victories in 2018. you see that potential. >> guest: we see the potential. that's the key word. our belief is progressive someone just ride the waves but help increase and cause the wave to begin with. democrats do have a track record of addressing defeat from the jaws of victory all too often. the potential iss to have good inspiring people whose personal story as part of their message, who's running on kitchen table issues like social security and education and the safety of their communities that they will win. if we try to act like republicans, if we feel people who actively brag on various issues, republicans, voters are pretty discerning. our hope is that we have genuine authentic candidates. >> does that depend more on organizations like yours of the dnc, how do they factor in to making thatki happen. >> ultimately it's cliché. it depends on the voters and how they vote in primaries.

organizations like others move on. working hard to get people the nomination and that's what we did in virginia. we had one 100% track record on our primary endorsements and those people went on to flip red seats blue in the virginia election. we see many across the country when there's some okay people running in the inspiring people running and then there's the people who want to be corporate democrats or act like republicans. our hope is that our party chooses genuinely inspiring people. >> adam green is with us and hurt a little bit about the role that his organizations play in 2018. if you want to ask him questions about 2018, the role of progressives during that time, 2,027,488,000 for democrats. 8001 for a publicans. two 8002 for independence. if you want to send us a tweet and make your thoughts known that way, you can do that at

@cspanwj and you can also go to our facebook page. the wall street journal is taking a look at some democrats and what they're doing in the lead up to that. i will reduce some of the story saying that he spent time friday on those trips to the district that the party must carry if it hopes to win back the house majority in 2018. this is part, it says we have a lot in common but they may see in a different way or different perspective. they may not think you are talking about what they are nk about, but you really are. what you think about that? >> first i think it's great if they actually go across the country listen to voters comes were very confident that if they listen they will find one key thing which is that voters want inspiring candidates willing to challenge power and fight for the little guy. our definition of a big tent is not that everybody is saying the same thing across country but that we have lots

of people from many areas ofe life at going core democratic values. in some places, maybe people want to challenge drug companies and have lower prescription drugs. perhaps in other areas or pollution, maybe they want people to challenge big oil companies. maybe nevada where there were high foreclosures you want people who will challenge wall street. there's different issues fornt different localities but a willingness by democrats to challenge power is what we hope he is hearing because that would result in the to support the actual populace candidates who will fight for the little a guy. >> host: one more line from the story, such thing that went gop seats and retained seats stand the districts, the democratic leaders should talk more about bread-and-butter activities. >> it wouldn't quite put it like that, but different

issues include some of those issues. what do people think about when they're sitting around the dinner table at night? often times it is economic issues but it's also will my kid be able to be safe? will my daughter be safe? will she have a tommy over her own body. it is inherently important for democrats to be on the record on all of these issues. there should be no democratic candidates that aren't thing where they stand on issue of choice. there's no democratic shouldn't say they support the black lives matter movement and decreasing police

brutality. what's essential in their campaign can be up to local areas but democrats need to show up for the fight and be on the record so people know where they stand. >> does it follow an idea of a litmus test? >> not in all cases, but in some cases. increasingly, i think there's consensus that if you're not willing to support an issue like women's autonomy over her own body that you're not a democrat.su i would say with that, with being willing to fight structural racism and being able to challenge corporate power, whatever that means locally, though should be poor democratic values. core values. sometimes litmus test is used, but itss would be smart for every democrat to support some version of medicare for all because what better brand is there in politics than medicare.

rren's student and appointed by kamala harris to be the top consumer watchdog for the state of california which she is now. she is running on issues that stand republican, democratic support. republican voters don't want their homes taken away by big banks. katie porter is the type of person that you win republican support the right way, not by pretending to be a republican. going to be some races that are increasingly competitive. we were proud to endorse and d cam -- andy kim. he is a former obama administration diplomat raising good money for one of the most viable candidates in that district for a long time. and randy rice running against paul ryan.

we were proud to be supporting che.iron stash -- sta who is part of the message. now saying this guy, paul ryan wants take a will your health care. i will fight for workers. pickett text on workers every day. i will fight for workers. first call,. >> caller: how you doing.e i would like to follow up and saywe when you put a progressive and you get more government intrusion, you get higher taxes, you get morens regulations, you get more of everything that the clinton support. i think if you do put progressives y in, you will be going backwards. you want progress. you willss digress. therefore i don't think progressives have a good agenda for the american

economy or the american way of life because they are just not willing to -- also you'll have more abortions and governments applying abortions. i guarantee you you will be taking more god out of the schools and public places also. >> host: okay. you put a lot out there weag will allow our guest to respond. >> guest: obviously people are not going to agree on this.et whether it's you or tim who is voiceless before, progressives, at theiv core value want to fight for thes little guy. sometimest there are people whr masquerade as progressives who are in the pocket of big corporations. i think there is somewhat of a divide in the party right now, trying to push the party to be more in line with its own values on some of these issues. your taxes are going up but

the a corporations are sharing -- it's amazing howal many giveaways are given theom corporations in the nominal suppose it attempt to create jobs. meanwhile you have corporations paying zero taxes while you pay more. you have privatization of our roads and our parking meters. he basically sold off the right to parking meters in chicago. surprise surprise they jacked upin the price of parking and ticketing. we can'te have that. we need someone who will fight for the little guy. >> host: independent line, vivian, go ahead.e >> caller: i think the biggest problem we have in america today is term limits. look at g this guy. he is here already. we just had an election one year ago and you're already talking about elections again.

i can't understand this at all. why arewhg you talking about elections when we've just elected our president one year ago. this is ath ridiculous. totally ridiculous. we need term limits. get all the old guys out of their and get some new flesh in their and let's not be talking about reelecting people when we've only had elections one year ago. it's ridiculous. >> what were talking about elections, there is an important election in virginia and washington and other states across countryry and it was indicative of a trend. good people opting to run for office and numbers we haven't seen before. voters coming out in record numbers to say we want change. pretty much tear point. wee also have an election less than one year way in 2018. it's not presidential but many will be on the ballot.

we hope that we can have an inspiring candidate they're to pick up that seat but also wave of not just democratsad but great progressive fighters who will be advocating for people like you, 2019. >> host: will you be putting a candidate out there for diane feinstein's race in california? >> we are still looking at that one. if wewe get involved, it wouldle not be on behalf of diane feinstein. she is not, she made some good votes but she did not represent the future of california. her saying that we still need t to give president trump more time to prove he can be a good president, being one of then top democrats in the senate out there on the gun safety issue, being asked on meet the press whate laws could have been in place that would've prevented some of these tragedies and not being able or willing to name those laws

was weird. it sent a signal that she's a little bit too inside the beltway right now and somebodytu who is actually out there andin willing to talk about banning high capacity clips. it should of been easy and authentic.ve california is a little. daunting because it's so expensive to win a race there. a it's really s cool that we have people running against her. for us it's a matter of priorities and whether we w prioritize that race. >> host: from san antonioas texas, louise, democrats line. >> mr. green, i feel like using the term progressive actually hurts the democrats. i think a lot of people relate

that to socialism. the comments i want to make our about medicare. part if they would make medicare available for anyone over 65 and if they're still working, give them the option ift their company provides healthcare, let them keep that, let them have that choice or they could buy into medicare for $200. month or whatever would seem applicable. i think that would put a big burden off of the insurance companies and therefore make the rates a lot lower for other people. i am big on education. i feel like that doesn't get pushed enough. in texas, we have a big problem with education.

our kids graduate from high school and then they don't qualify once they get in college. they have to take all these refresher courses. anyway, i will leaveer it there. thank you. >> guest: i agree with both of your initial points. honestly, we ared not wedded to the label of progressive. if a candidate wants to run on big ideas like expanding medicare and social security benefits, debt-free college and call themselves a democrat or populist or just a fighter for regular people, that's fine with us. the ideas are what matter. i constantly notice, in various polls, the only 20 or 25% of people will call themselves liberal or progressive or some variation. a huge majority, 70% or morene will support ideas that are progressive like expandingin social security benefits. so point wellll taken on the label. let me say something about medicare. one of thee central issues of the 2018

election. the fact thataw we just saw every single successful delegate canada in virginia talk about and make central toai the campaign the idea of expanding medicaid is a hardener of things come in 2018 when you talk about extending medicare on the federalha level. medicare for all andus single-payer are not synonymous. to compare is one version of expanding medicare to all,e basically seeing everyone will have medicare mlb the only system. i think even bernie sandersll said that. the long-term vision in his mind and he calls itr medicare for all, single-payer because there are variations. our campaign has been working closely with senators on thel hill to put another version of medicare for all on the table inme the near future which is a medicare option for all. any individual or any employer who wants to can voluntarily decide toth get their insurance through medicare as a opposed to a for-profit insurer that

profits by denying people care. this is a popular issue. but have more options in the marketplace. even republican supporte. free market. they should be intimidated by the fact that medicare has lower administered of cost and everything a private insurer or that the popularity of medicare is higher than every private insurer. let's have some fair competition, and that would be one version of medicare for all. all advice to democrats would be to support some version of medicare for all going into the election because it's a political goal backom home and it will positively impact the lives of millions people. >> adam green is the cofounder of the change committee and we will hear next from wisconsin, republican line. >> good morning cspan. adam, couple quick questions. the first one, the takeoff of the last caller, i'm wondering about the evolution of theou term progressive used in politics in the united states. why is it no longer cool to be called liberal, now you're progressive. in my opinion, s from what i've

seen, the progressive movement is rather stifling if you don't agree with everything they say. my second question is, why is george so involved with all these liberal causes. i knowg he's a big funder for many people including yourself. what is his involvement in today's politics? >> thank you. >> interesting questions. so the first one, i get pretty much every time i'm on the show and my first thought is always my cofounder who is now achieved her doctorate and knows the actual history of the word progressive so i am a current copy of that.as i think you are actually asking about the word liberal versus progressives which i can answer a little bit more. there is actually an attempt in 1988 and around their to demonize the word liberal- associated with various things. i think theres was an attempt to switch language a little bit and honestly i'm not sure

it's that big of the deal for voters. most people don't really care about the labels, they more care about the issues and we are perfectly comfortable with that. to beon continued on that front. so is he a big funder of us? not a huge funder. he is welcome to write larger text to us if you would like too. he isam somebody who's family was very much impacted by the holocaust. he escaped these authoritarianie cultures and is seeing what a non- open society looks like, and his self-described mission would be described as open society, meaning allowing regular people to have a voice, not having authoritarian regimes, the foundation is called the open society foundation and it's stuff that are in line with that. s whether it's making it so there isn't police brutality, sof people can work walk around openly and not fear for their lives are making sure that we have people in office or institutions thinking about

ideas that will allow regular people to live their ownin lives, i think that's where he's coming from. but he can always e-mail. >> willie organization or organization like yours have any direct impact on the senate race in alabama, particularly supporting doug jones? >> our members have alreadys. checked in about $40000 to doug jones. my guess is that others across thean country, organically, and through groups will be putting money into that race. doug jones has made it pretty clear he wants to run his own race and not have a repeat oft the john assad's situation. we respect that a lot of people will respect that. that will be interesting to watch.ck either pockets around the world? is not trying to act like a republican. he has p his own brand of justice as a u.s. attorney and

prosecuted some hate t crimes back in the day that were really important for him to prosecute. he stood up f w for justice. he will likely come to d.c. and not vote to give away the farm to rich people. he willth not vote to lower the tax rate which no one wants. he is a good example of someone with a version of national values that he is a messenger for. >> host: on larger issues, your thoughts on al franken and does the current issue concerning him. >> last week was very tough for a lot of people. many people carry very muc -- care very much about the issues happening right now. at its core this is about abuse of power. as i mentioned before what unites people as progressives

is a willingness to challenge power. whether it's fighting racism or the use of power. on that ground today differentiate. to the actively use that power to call the principle of a o high school and have someone pulled out of class to the office to get on the phonehe when he asked her for a date. that is such a disturbing example of the abuse of power, and if t there are more things that come out with al franken during his time in the senate, i think that would change a lot of opinions. right now, i think this is acknowledged by him and many others is a horrible mistake. fortunately. [inaudible] i don't think he will resign,

but we will see what happens. >> host: sheila, from virginia, independent line. >> caller: i do consider myself an independent part i wanted to go back to whatever but he was talking about with term limits. the only way we really truly get people to think about it is -- like you we had in virginia this wonderful election was so many different people running. it wasn't the same people. so, i think, if we were running different peopleth against the establishment that has been here for 20 or 30 years and change it, that's the way we get term limits. but if we keep voting for the status quo over and over and over, we will not change anything.re >> i think your core point ise absolutely correct. i'm not sure your solution is

the topic priority one pair let me explain that. actually right. in virginia, what we just hadre were new people, fresh bloodan being put into political office. t the face of the legislature in virginia will be w dramatically changed from a bunch of old white men to amazingly beautiful diverse younger set of people, and i think that will be gained game changing in the long-term. but that wasn't term limits.er there were people in their for million years who were defeated by challengers. what we need a really good challengers who represent diversity who areo authenticd messengers to step up for officeer and do the right thing. i understand that temptation to worry about term limits and i might or might not support it, but i would say that campaign-finance reform is wayif more important than term limits. think about it. if youou have a term limited senator for six years in the senate, what will their incentive be if they know they will be out of power in a few years? to suckto up as much as possible to corporate lobbyists. they have the ability to fund them for the rest of their

life. actually, campaign reform and ethics reform should be married back and forth. we need to sever that tie so that people,in warmer in these buildings are activelyy working foror the people, not worrying about corporate cash for the next election and not worrying about corporate cash for the d next job. >> from delaware, albert, goo ahead. >> caller: adam, thank you soo much for all you do and all. your organization does. could you touch a little bit on the 50 or 60 red seats that hillary gotth across the country. have you pulled them out and how far have you come onou technology against republicans? i appreciate it. >> host: these are some very relevant questions. >> guest: there's about 23 seats that are currently represented by republicans in congress thatot hillary one.

katie porter is one of ouren first endorsements in these contested races and our mission is to have as many good candidates going into the general election november 2018, good candidates being authentic, inspiring people whose message and personal story are one and the same, who can really bring people out to the polls because of how popular their messages. going beyond that, groups like ours will be looking at races that were considered secondfi and third tear. in the past and that we now have a fighting chance to contest. the great news is that because the political establishment has not been paying attention districts there are great people running for office who have been building momentum who are now primed to be them nominee and potentially crush republican opponents in these cam districts. : , ultimately we need to win 24

seats. can have a bigger wave than that. host: one more call. democrats line. caller: thank you. two things. taxes. thate are for the needs help the people. by the way, the taxes you are talking about cutting are not the corporate taxes. corporate taxes need to be corporate taxes need to be cut. taxes foror the people, not too much. as eisenhower said beware of the military industrial complex. >> host: we are running out of time. leave it to your first point. >> guest: i hope every republican in 2018 up a bumper or the republican message, corporate taxes need to cut, taxes to the people not so much.

that would incentivize the democratic wave. this ise e basic fairness in ts is an example of what winking americans by contending there's tax form that will benefit them but atre the end of the day republicans in congress are trying to cut medicare and take away healthcare for over 10 million people in order to give giant tax cuts to the richest americans and corporations. i would ask anyone who is getting a big a single to make a second call today. (202)224-3121 and call your congressman and asked them to please do not vote for this horrible tax bill which is a giant giveaway to which and corporations of the medicare. thank youth c-span for allowings to take place. >> host: elections and what is the best way to keep the best candidate to your supporting and your ordination and similar supporting? >> guest: i would encourage anyone who wants to be go to our website and join the fight.

for candidates it's important that candidates across country speak up about these issues in washington. there are reporters back home they want to tell the stories of actors back home and want to be part of the fight and to step up as a hero whether the issue of weakest taxes or medicare or anything else. that is important. represent the grassroots and consider yourself part of a national army. >> host: adam green, cofounder of progressive change campaign. thank you for time's. >> live now to the press room at the white house. the breathing was set to start at 2:00 p.m. eastern and they move that back an hour to 3:00 p.m. earlier the president announcing that the north korea would be added to the state sponsor of terror.

something that george hw bush did in 1988 and they were moved by george w. bush in 2008. questions about that are expected this afternoon at the breathing. this will be coming up at 3:00 p.m. eastern, live on c-span2. right now more of today's washington journal. >> host: joined by daniel griswold, codirector of the program of the american economy in globalization and here to talk about a new report taking a look at immigration system in the united states. good morning toe you. a line from your report and i want to start this and get you to expand on it. you write when it comes to immigration that it increases the total number of workers in the labor force while at the same time increasing the average productivity of workers across the economy, immigrant and nativeborn alike. can you expand on that. >> guest: america needs immigrants to grow and prosper in the 21st century. president wants to raise our growth rate to be president and i think that's the right goal and at has to be part of the conversation. immigration growsbe the economy. one would get more workers.

our workforce growth is the lowest it has been since the great depression. half a% arere year. if you look at just us-born americans to us-born parents that number will drop by 8 million the next two years. we need immigrants to grow our labor force. the other thing immigrants do is raise our overall productivity. the important thing to remember is immigrants are not like us. they are overrepresented on the high end of the skill spectrum and the low end. my report emphasizes high skilled immigration and when we let high skilled immigrants into the united states they raise our overall activity by starting companies, by filing patents and 70% of the workforce are immigrants. they account for one third of the phd's in the workforce and the stem subjects in science and technology, engineering, they file one third of the patents.

they are founding important us companies high-tech startups and we need immigrants. >> host: when it comes to those immigrants that should be the priority. >> guest: yes, we tend to undervalue high skilled immigrants and too much emphasis on family reunification and that's the main thrust my paper. >> host: let's talk more about the paper but the meanwhile journal this morning set high skilled workers that become the focus of the examination when it comes to -- this is laura meckler saying the imagination more closely scrutinizing those applications sending back more than one in four applicants between january and august. what does that suggest to you? >> guest: that may be taking us in the wrong direction. we need to scrutinize we have a right to decide who comes into the country but the h1b program is a probationary program. high skilled immigrants can come in and work for three years and

there pieces are renewable and it's a dual intent visa. they can apply for permanent green card status, legal residency. we need more h1 b1 workers who can then transition into permanent residency and citizenship. will give the united states an edge in the 21st century global economy. >> host: what's occurred current number allowed in what should that number because mark. >> guest: i think we have a absurdly low cap of 65000 a year. his next two to 3000 for other categories and that is far too low. in our employment in long-term permanent employment visas it is 14%au of our overall visas and f you look at canada and australia they get 61% of their visas based on employment. if we want to be more like canada and australia and we hear people in the immunization pointing to them as examples and we need to open ourselves up to a lot more high skilled foreign-born workers who transition to permanent status of the green card.

>> host: our guest if you want to ask questions about his research particular take look at those high skilled workers and immigrants coming to the (202)488-8000 for democrats, (202)748-8002 for republicans. how does it affect those nativeborn and do they miss out on opportunities to get at those jobs? >> guest: the important thing to understand about immigrants is they complement us workers and make us more productive and the same is true in canada and australia. the canadian government just enacted a bill called the candidate future bill and that will significantly increase immigration to canada. far above what we allow into this country is the rate of their population. if you look at immigration as a rate, canada allows in far more immigrants as a share of its

preparation and if you look at employment it's nineis times as many and australia is ten times as many and they find that the results are overwhelmingly possible. there's an international monetary fund last year that said for every percentage point increase in the foreign-born population of the country incomes measured in. capita goesin up to president in the long run. more immigrants, especially the high skilled variety, means higher incomes, more opportunities for nativeborn americans. >> host: as far as the immigrants incomes how does that compare to nativeborn person of the country could get? >> guest: depends on the skill level. we have a competitive labor market and this is for h1 b workers to move from one employeroy to the other and that requires employers to be more competitive in offering salaries because they don't offer competitive salaries that worker will go to another firm and

that's the best job protection americans have is competition among employers. the evidencee is immigrants do not undercut the wages of the vast majority of americans. >> host: when you get that evidence? >> guest: lots of studies, out at the university of california and others, david card, research is overwhelmingly positive on the overall impact of immigration on the united states and there's a certain group of american workers with a high school diploma in immigration can reduce your wages one or 2% but the best thing you should do their is go back to school and getas your ged and get a 30% pay increase for their. >> host: calls are lined up for you. the first is from tampa, florida, john, republican line. your latino result. >> caller: thank you. the us allows 1 million legal immigrants into the country every year and it has been doing this for a long time. when you consider nafta and the

other trade deals "after words" that have no representation for labor and only business and all the off shoring of jobs the situation h1 b situation you see in the news and a million legal immigrants lose every year but the us does not produce 1 million good paying jobs every year which is why you've seen real wages for us citizens continuously drop and will continue to drop while productivity continues to go up. the wealthy get very, very wealthy and the typical us citizen with the median level of education their real income to go down over time as a the effects of nafta and all the immigration. >> host: color, thank you.

>> guest: i disagree with a lot of it. first the large majority of americans they do not compete head to head with immigrants. if real wages have gone down this country it's not because -- you talk about 1 million immigrants to the country were a nation of 325 million people and that's a share of our population we talk about anything else in the unappointed rate and the poverty rate and if you're looking at the share of immigrants. thousand in this country it's on theof lower end of what it has been. it's about 3.3 immigrants every thousand and if you go to canada or australia or higher in its eight, nine, ten immigrants for every thousand publishing in those countries. they are prospering western democracy and doing fine with significantly higher rates of immigration that we have. i'm not talking about opening

the bill gates and everyone wants to come in but let's raise immigration by 1.4 million a year and that's only one tenth of a% increase in our population rate which is our population growth is lowest it's been since the great depression. we need immigrants to grow and prosper particularly high skilled immigrants andnd let's enact intelligence immigrants reform. >> host: while in washington dc, independent. >> caller: are the master of economics and i know the comics have opinions like everyone else and some have three or four opinions but i think this guy is making up stuff as he goes along. i can do a study that says the sky is purple and let me give you an example. a large pharmacy recently fired 480 people in their it section and brought in hp one visa people.. disney fired 250 it folks and brought in 250 visas and yet this guy sitting here telling me it's not having an impact.

i've got friends and my brother his friends who got fired but he would love to stay on for another six months of can trade these h1 the one visa and all those that were fired from these corporations. theoretically this is not happening but what is happening is complete crap. >> host: thank you, rob. >> guest: i can't investigate your examples and i read some of that in the paper but those are not typical examples of the impact of immigration on this country. immigration, as a largely positive effect on us economy and it is driving our hard tech sector and that's why we go to silicon valley. asked if the technical workers there, the it workers there are foreign-born and founding some of our most successful companies and creating patents with new products. we need these immigrants to go and look at other advanced western countries, not only canada but ireland and others

have a higher percentage of immigrants in their country. in australia 20% of the population is foreign-born. in canada it's 20% and in the united states is 13.5%. i think that is good and there is room to go and there's plenty of work to go around in this country for immigrants and nativeborn americans together. >> host: steve for senator immigration takes argument with theea idea of the labor market d how it impacts low workers. in the first quarter of the year only 60% of young nativeborn americans without a college degree are working and 30% were not employed. those includes those in school and in 2000 -- the bottom line is a young, less educated these are the workers most likely to be with daca recipients. you talk at highly most, what about those who don't have a high school degrees? >> guest: i disagree with steve.

he iss blaming immigration for a problem that has other causes. a recent paperof was published about the phenomenon of decreasing laborforce participation and it is people going on disability and other things. it's not a lack of opportunity in the job market. with low skilled immigrants, low skilled americans they're getting it from all sides. the technological changes in our economy that are disadvantaged low skilled workers. the answer isn't to raise walls against immigration but to encourage americansns to stay in school and we don't all have to have bachelor degrees or science degrees but getting a high school diploma and getting an associates degree from a community college can make all the difference in your career prospects. >> host: you mentioned daca recipients and how much of those fall into the high-tech labor camp and also what do you think about the house and senate now they have to come up with a

solution to daca next year. >> guest: i think the daca kids, however many there are, they are a sure bet for our country. most of them haven't known any other country but the united states and their totally assimilated and they speak english fluently and many of them have college degrees and there's a lot of them working for high-tech companies and just the kind of immigrants we need for our country to grow in the 21st century and were doing a demographic challenge in this country. our workforce is going to start declining in a few years and you look at japan, western europe, russia, even china are facing shrinking workforces and that will create problems for refunding tech retirement programs and will pay the so security and other retirement cost for the 10000 baby boomers who are retiring every day it is not just their native born children but immigrants.

we don't have immigration including the daca children we will have to cut benefits of your listeners were going on social security or raise the taxes of their children. i think more immigration is the answer. >> host: from our democrat line from ohio, jean, hello. >> caller: hello. i would like to say this. my son recently graduated from engineering school here in ohio and cannot find a job in ohio. currently 31% of the engineers in the united states are foreign-born. i would like to know how many is correct are good for him and what would he consider adequate 50%, 60%? engineering starting weight has gone down and it's gone down by 20000 a year for the starting wage for an average engineer today. it has gone down because of 31% foreign-born engineers that they employers probably say they can hire for only 50000 a year.

>> guest: well, thank you color. my son is graduating with an engineering degree next may and i don't think he is a problem with death position on this. i question your figures. engineering is one of the best paying jobs. if you graduate with an engineering job like my son has gotten this feedback from employers they want to hire you. they are a hot commodity. i think the incentives for american kids to go to engineering school we have to be do not have enough nativeborn americans going into the high school positions. turn away immigrants wages will bump up somewhat in those fields they won't hire the workers in the be less investment in those jobs will go offshore. if us companies can't hire the technical workersth they need to create products here in u the united states they will move

their operations overseas where they can hire the workers they need. i'd rather the united states be open to the best, brightest, high skilled workers to come here to work alongside my son and your son and others to create a brighter future for america. >> host: from ashland, ohio, independent line, gary. >> caller: thank you. i have one question. mainly how much are the benefit] [inaudible] >> host: thank you, color. what is the impact on the physical state, texas, here in the united states and the national academy of science had

d a very competence of study tht they published last year and he found low skilled immigrants do consume more in government benefits than they pay in taxes and that is no big surprise. but ifve you look at hire skilld immigrants so let's take a 25 -year-old immigrant who comes here at college degree and over their lifetime they will pay more to the government at all levels and taxes and they will pay $500,000 for, half million dollars more in taxes and they have an advanced degree of $1 million. if you let in another 300,000 high skilled immigrants as i deposef my paper that is like paying off $150 billion of the federal debt when they come in. and you let in. thousand last year and paying off another $150 billion so high skilled immigrants are gravy to the government. they are paying more taxes on day one than they consume in government services. >> host: your report goes on to say immigrant with less than a

high school will pays a net cost of $109,000 over his or her lifetime. >> guest: yes, and that's i think low skilled immigration more of an emphasis on temporary immigration and let's expand temporary immigration so they can come here in their prime working years and worked for three-ten years and then go home. low skilled immigrants have traditionally done that but high skilled immigrants which have more green cards so they can live here permanently and be a productive part of our society and taxpayers for their lives. >> host: mercator .org and you can it provides a link to promote growth and daniel grizzle, argus, talks about that. from florida, republican line, susan, go ahead. >> caller: yes, i really question some of this research. economics is supply and demand. when you bring in more high skilled workers from other countriestr that will decrease e

pay for these individuals, just like engineering. i have a son who graduated and it took him seven months to find a job and ended up at a company from belgium. >> guest: thank you very much. i certainly believe in supply and demand and thanks for bringing that up. the thing with immigration again, immigrants are not like us. they tend to complement american workers. having to engineers instead of one isn't a disadvantage for an advantage. there is a conglomeration affect and synergy and when people work together there is more ideas being created and also more immigrants attractme more investment so if there is more engineers available to more companies able to grow that employ engineers and that attracts investment in our

overall economy so while yes, supply and demand apply i think there are other factors here and is immigrants come in and they get woven into the fabric of our society and economy we can all prosper together. >> host: dede frederick says this. to him getting a good workout today. [laughter] no, it's not. one i question the premise that our real wages are lower than they were ten or 20 years. i don't think that's true. especially when you factor in the impact of technology and improvements in our living standard. if we just haven't been growing as fast as they are think the problem is in other areas, our tax code is an embarrassment that needs to be reformed overregulation of business and

k-12 education system that is not serving america's best interest. we need education reform. i think all of these are on the agenda of our current administration. let's focus on those areas and againstding walls immigration. we need more immigration particular high skilled immigration not less. >> host: this is jerry in baltimore, maryland,d, democrat line. >> caller: thank you for taking my call. i don't know who this supposedly is here and trust me, i'm no trump supporter but there was an apple commercial years ago and it came on that this is an apple. then you don't need people up here telling you this is a bananas and how many are they shout it is still an apple. that is what this guy is doing. i am a tech worker. i used to work for ibm. got laid off in 2000. guess who replaced me? a contract, indian company that brought over people that could

barely speak english and put them up 12 in a room and they work for them. theyr got paid and the contractr got paid less than the combined salary of half the people there. so, you are wrong. i'm not sure who is paying you. >> host: will let him respond. >> guest: i can't investigate the particulars of your case. of course, ibm has gone through a lot of transition issues that don't have anything to do with immigration. they have to do with changing markets for it hardware and all of that. lots of people have gotten laid off by ibm for the last 15 years and it has nothing to do with immigration. i think companies like ibm and more importantly the company is being founded today the googles and others that are being founded today need immigrants to grow and prosper and they work

alongside americans. this isn't a zero sum game. when immigrants come here they bring ideas and bring ambition and the file patents and enable us companies to expand and that's why other countries australia and others are expanding their opportunities for high school immigrants to come in because they know that is native residents to prosper. >> host: how is their pool of native born residents to take compared to the immigrants where are there direct as far as publishing concern. >> guest: i go into detail in the papers. at as a share of population they are much more generous in letting immigrants in and i look at canada and australia and i see prospering, pluralist, anglo-saxon countries are doing quite well and i think were doing reasonably well today too. i think this is part of the answer not the problem.

>> host: we have n more talent pool to draw from? and that there is a? >> guest: i think the levels of education in the countries are fairly comparable and i think they're letting in high skilled immigrants in an employment situation that is reasonably similar to ours. if anything we have an advantage or more high skilled workers here in technology-based that can more easily and readily afford high skilled immigrants. >> caller: thank you for taking my call. you had four on c-span i guessed talking about guaranteed income because automation and robots replacing people and you heard elon must came out with it the truck should be autonomously will need a truck driver and he is called for guaranteed income

and bill gates has talked about taxing robots that replace people so aer lot of these peope that you are saying they are great in these high-tech companies and you're talking about not having enough jobs for people and they will have to have guarantee of income and how does thathe mess with what you'e saying about that we need more people in the country for jobs whereas they are saying there will not be enough jobs for people. >> guest: ray, that's a fascinating subject we could spend the whole subject talking about automation. i'm a techno optimist. i think robots like immigrants will work alongside americans and make us more productive and create new opportunities. there was a lot of handwringing

back in the early 60s about how automation was going to eliminate jobs and we have created tens of millions of jobs and since then we've had an undetermined rate that is as low as it was then. i don't think robots will take our jobs. i don't think immigrants take our jobs but i don't think immigrants take our jobs. all of these make our economy more effective and they make americans more effective. the key is not to just enact change but to prepare ourselves in our children to embrace the opportunity, exciting opportunities, being created in our economy today and that means improving k-12 education so the kids come out of high school more literate than they are today emphasizing the stem subjects in college and encouraging even more american young people to go into those fields. that is the answer. >> host: dan griswold, mankato center at mason university.

the report, like you said, his latest research available online if you treat yourself at dan griswold. thank you for your time. >> white house briefing is coming up and one half hour. the us will designate north korea as a state sponsor of terror amid heightened nuclear tensions on the korean insulted the president saying the designation will impose further penalties on the country. he called it a long overdue step and certainly questions about that expected at the briefing when it starts. it is scheduled for 3:00 p.m. eastern and will have it live when it gets underway here on c-span2. until then more from today's washington journal. >> host: time for our weekly your money segment and this week we take a look at a new report on how americans are doing and saving for retirement. from the government accountability office and the person behind this report joins us now. he is a team director for the

education workforce and income security team. good morning. >> guest: good morning. >> host: for small, what is the government accountable thehe office? >> guest: a nonpartisan basket of arm of the u.s. congress. we work for committees of congress and majority leader, mitch mcconnell, chuck schumer, and we respond to request for information from congressional committees asea well as legislative mandate and it will ask us to list at a particular issuere. >> host: you get those are prosper members of government but it's the head of your organization asks for the latest asreport looking at retirement from the united states. >> guest: that is correct. the controller general has the authority to initiate and work on his own or issues that he thanks are of such national importance that it's necessary to alert the congress and the public of the significance. >> host: how are we doing as a

country and saving for retirement? >> guest: overall, is the reason we put the report out for a lot of people in this country things, retirement prospects, do not look so great. if you look there are three major pillars for concluding to retirement, social security, employer pensions and private savings in each one of those is facing real physical challenges andti physical stress. for example, social security will only be able to pay three quarters of promise benefits by 2035 and occupational or private pensions about half of sector workers don't even have access to any set of retirement savings plan and for those who do increasingly they are in 401k type plans which can provide retirement income is much more responsibility in individuals and private savings would put the increase in debt over time it did come down from the recession and increased healthcare costs most income incomegoing to higher workers. it's increasingly difficult for

many working people to save for retirement. >> host: if you want tork get enough competent.in do so with our guest. if youti are working adult and saving for retirement your hat have questions, (202)488-8000 and maybe you are retired. call (202)748-8001 and you can also take us. those defined contribution plans those 401k plans and 693,000 of those types of plans if i'm reading correctly. what does that number suggest to you push mark. >> guest: a lot of plans but again just because you're covered by plan doesn't necessarily mean you're constraining toan your retireme. a lot of times your employer will offer a plan but you have to affirmatively contribute. many employers will provide a only if you contribute yourself. a lot of workers even are covered by it doesn't necessarily mean they will have savings in the plan when they were tired.

>> host: that is free money and why are people t taking advanta? >> guest: that is a good question. a lot of times people may not be aware or even if it is free money they may have income constraints, student loans, mortgage, have a family and again most income growth over the last year has gone to the highest percentage of workers. most workers of lower income workers haven't had income growth and the rising healthcare costs which are problem as well. >> host: those are the numbers and plans are out there and so you're talking about and tell us about the amounts of the savings and is there a generic or at least average amount that these type of plans and how does that bear up to the amount you will need when you retire? >> guest: we found that about 29% of all workers in fact have a traditional pension or any retirement savings at all. the people in the plans the average amount of savings is

depending on what you look at because it could be 50 and a hundred thousand and then we get to retirement and that may seem like a large amount of money in a lump sum but that money to last you for the remainder of the retirement years is a challenge. it's not all that much money in fact we know that people are living longer today and if you're age 65 today you have an average lifespan you're looking at for a woman is over 88 years of age so people are living longer and they will need more money to make it last throughout those additional years of retirement. >> host: those are the numbers and hee will be under scream ad charlie is the government accountability office is to talk about the latest report looking at the latest retirement reports. we will take calls. is michelle from minnesota. michelle you are on with our guest and you find yourself as a working american. go ahead. >> caller: yes, i'm working american. i've beenn working since i was 6

years old. my recommendation is to start saving as early as possible. you have to start paying yourself the 10% most people wait to save money after -- >> host: you're breaking up of it. >> caller: sorry. my comment is people have to pay themselves first and have to start saving as soon as possible. people say they don't money to save but they wait until the bills are paid and they don't have money to say. the key is pay yourself the 10% and then pay your bills and live within yourin means and still safe. i started saving when i was in my early 20s. i started paying 10% away and nowst i'm 62 and i put 20% away frankly i'm just a regular person and i'm approaching $80,900,000 in my savings.

and investment. you can do it it is just paying yourself first over many years. >> guest: first of all, congratulations. that is tremendous even able to do that and you're committed to that. that is certainly will help in your retirement. for a lot of people in your right that pain money and first and making it a priority is important and should people should do that. there are people for example who losese their jobs and during the great recession a lot of people lost their jobs in some of them had to take money out of their retirement accounts to avoid losing their homes and you can have a health problem and perhaps takeei money out and sometimes it's hard c choices of people have to face but you are right. basically, today people if they want to have a secure retirement will have to be start saving vigorously at an early age. >> host: what is the formula for spark she started at 20 and what

should be receiving at that point? >> caller: transferred to the sooner the better. that is helpful. one thing is there are old rules running potentia pensions. many pension plans, even 401k type plans will not allow workers under age 21 to participate in the plan. that is something that is an artifact from the early days of orissa and one orissa is -- >> guest: the federal law governing pensions in the early days of pensions. even if they want to save they may not have the opportunity to save and their employer pension because they been excluded. >> host: from a retired worker, retired person in tallahassee, florida, brenda your next. >> caller: yes, i retired at the age of around 52 and i had heart disease and later on had a

breast cancer so i file for my disability and i got it after working 35 years. the key was working 35 years and i had to start putting in an ira where i worked from the time i did work and when i retired i started getting social security, medicare and trying on my ira at 59 and a half. the key to retiring is to get out of debt, stay out of debt and spend your money wisely and thereir is one more thing -- if you sell a home later on in life say you have a second home or something put that money into a certificate for you are at least earning two and a half% on 100,000 that is $2500 a year times five years is almost 12000. >> guest: yes, very good advice.

i know you've been able to overcome some serious challenges so i applaud you for that. those are things that deadly people can do if they can save money earlier and they can sort of take advantage of smartly doing things and selling their home and so on which raises another issue about financial literacy. a lot of people don't know the rules on r the best choice of financial action for them is to take and that is something that asce a nation we have to do work on as well. >> host: especially on 401k plans. you have options and how much education does fund have to provide and where else can you go as far as learning more about that? >> guest: 401k's put a lot of responsibility on individual employees. first they have to figure out how much to contribute and force

more is better sometimes they also have to take into account other things going on in their lives but even want to contribute you have to figure out where to invest the money. how much risk are you comfortable with and what kinds of options and what about fees. some of gift financial options and the cost more than others. this is a problem and also if you're able to refer through all of this and you get to retirement and you have a good amount of money you have to figure out how to make that money last the remainder of your time and how do you spend it down. to purchase an annuity or all of it or do you strategically draw the money down when you take the money out and invested and these are all things that someone has to figure out. many employers i will provide information to provide people and help them with this but for many people they don't and what they really should try to do is

get financial advice from a reputableea firm. >> host: we have of you are online and are to be this is they should be mandatory that you contribute to a 401k plan at least 2% gets something of the company matching. >> guest: in some countries already have that and for example in the uk with the nest program there is increasingly they are making it mandatory for all employees but some money into basically a 401k type account and the problem with making things -- well, many people have concerns about making things mandatory or universal because they may have other financial needs and they may have as a child and they may have something they have lost their jobs and other people just philosophically are opposed to putting money into being forced into but in general there is a lot of support when we did these expert panels there was a lot of support for making contributing

to retirement a mandatory or universal action. >> host: mike, retired person in west virginia. >> caller: i graduated in 1963 and i'm 72 and i worked up until i was 65 and i thought i would be okay to retire and i did. i lost the biggest part of my 401k andka i never made a lot of money but i invested and my employer puts him in and then i lost during the 2007-2008 during the bush administration when stock markets dropped from 14 to seven and i lost half of it. i didn't know what to do so i took out what i had left and tried to thrive on it. now i'm 72 and i'm working again. is it the stock market that determines your and people like

me they made a bad decision and maybe it was or wasn't but i got that money and i put it on my house and so now i'm back to work making small wages again and i'll be here the rest of my life. >> host: depending on the stock market for these type of benefits or gains over the years talk t about the risk there? >> guest: i think that illustrates one of the challenges of the 401k plan. particularly once you get into the retirement phase or what they call the d cumulation phase of your financial life what do you do with that money. if you leave it in the markets and you really should get some advice, financial advice to help you and there are other things and other options that you could take some of it and purchase an annuity and a lot of some people don't like annuities because you put in a lot of money and the returns to look good but on the

other hand it's a guaranteed income for the remainder of your life or there are strategies that one can do to take out strategically a certain amount of money each month but this is a case where you do need advice and you need assistance from e someone a reputable person frm the outside or possibly your employer. >> host: raul in laredo, texas. hello. >> caller: goodib morning. i want to suggest maybe why keep order social security maintains after you work so long once you pay off your borders and you can earn up to a million and i would say to change it and if you make it thenca it contributes to thoe regardless of the amount of orders you may go over which is fine but the other question is why has the so security decided

if you have a school district and you do not contribute to social security which i did for quite a bit of time that you're not allowed to get both. you are shortchanged and you will not get all your quarters if you have not paid them up. i wanted to find out why that has happened. >> guest: that is a great question. firstboou of all, let me talk at the t first part. social security is facing serious challenges. by 2035 it will only pay 75% of promised benefits to people so congress and the 2 ministrationo t act before then to shore up te financial strength of social security. increasing the taxable wage base which is what they are suggesting has been one option and there are a number of people in congress that support those kind ofl proposals. that is one way to get into social security and bolstered

its finances down the road. the other issue about what you're referring to is the government pension offset and the windfall elimination which someone who is not paying into the social security system and most of their career and tries to get a spousal benefit but we will see a reduction and basically that is to correct the fact that they didn't pay into the system for as many years as other people but also to correct the progress of any of the benefits. that is why some of that has gone on in its very completed area but basically done to try to ensure equity between those in the social security system which is 96% of the workforce and thosely were not.

>> host: the lines report says in 2015 according to the most recent data 34% of households save 90% of more for their income for social security in addition to the democratic [inaudible] a lot of people are depending on's program. b >> guest: absolutely. social security accounts for 33% of all of the income age 65 and over to their income. >> host: it should be a mix of social security but what you say for yourself and other means in order to plan for retirement. >> guest: historically, the school.g at pension, private saving, and social security. >> host: a lot of questions about the future of pensions and their purity. does this reportth address thos? if those people who have the ability to make sure they are sustainable.

>> guest: we talked about 401k plans but there are still a lot of traditional pensions around the country and many of these rightma now are also facing serious financial stress. inin particular there are what they called multiemployer plans. these are plans which are created by a collective-bargaining agreement, have lots of employers being into the system in many of these plans for a variety of reasons, demographic shifts, changes in industry, workforces and so on do not have the money to pay full benefits and some of them, for example, there are some pensions bite 2024, and 2025 will be insolvent resulting in many workers throughout the country retirees throughout the country seeing reductions in their pensions and this will be a problem. congress is looking at again and they tried to address it a few years ago but they are also looking at it again right now. this is a serious issue and hopefully it will get addressed

in the next few years. >> host: mike inn cookeville, tennessee. hello. >> caller: yes. i worked for about ten years for a company in cookeville for about ten years and only deposited about the% of my income but i earned money and i put in a 401k and i had to get rid of any and every penny of it and what they call they spend down in order to get the insurance [inaudible] back then i had to get to that money. >> host: okay color, thanks to one of the big challenges facing

many retirees even with medicare and healthcare shots. for retirees under age 65 a serious illness, even if you're in the exchanges and you have insurance can be a significant drain on your income so this is certainly a challenge that we are facing. the sleeper in the issue here now is long-term care. as we live longer people get into the high '80s and 90s andd the demand for long-term care for retirement and you have some situation where you're able to continue to get services in your home or moving into a retiree home and there will only be more of a demand for this and it's very expensive and this is real challenge will be facing. >> host: gao makes several recommendations when it comes to retirement savings programs. universal access to retirement

savings is one of them but one of the ones you list could prove options for the spend down days of retirement why is that important? >> guest: as the gentleman said earlier when you even if you are able to figure out that you been able to invest wisely and you've avoided some market problems and you saved a bunch of money you aree now retired and what you do with your money you have a couple hundred thousand dollars or more and what do you do? how do you make sure it lasts for the remainder of your life. it is not obvious. most employers don't provide any sort of annuity option or provide program where you could say getet a monthly check out of your money and make it a certain amount to make sure it lasts for the remainder of your life and they simply give you a lump sum. a lot of people it can be tempting to pay off existing debt or go on a long vacation

and get money to their children and people don't realize that this lump sum may look like a lot of money it is in fact has to last you are probably another 20 or 30 years and when you look at it that way it's not as much so the challenge here is how do you help people who are retired and get this money and how do you help them make sure it lasts for the remainder of their life so when it's late life they're not winding up being in poverty. >> host: bill in chicago. go ahead. >> caller: there is a social security advance and it will work with any pension plan in any land whether private or public pension. social security should let recipients have an advance equal to invest in one month necessary import at 5%. it should be repaid. deductions in ten months or less

and have [inaudible] the advance must be repaid for another can be given. >> guest: yeah, i think there used to be an option where one could pay back the social security benefits later and you could start so security at age 65 and pay the money back at age 70 and then you would wind up getting a higher benefit but they got rid of that a few years ago. you no longer are able to game the system in that regard. >> host: report address the fees associated with 401k's and how much they should charge and how much and how you pay attention to those? >> guest: we mentioned the importance of these. these canan really be a tremends drag on earnings over a career with a compounding over 30 years. higher fees can result in a much lower account balances. right now there are regulations

and if you have a 401k plan sponsors have to provide you information on the fees associated with each of the investmentav options if you plan offers. they also f f collect informatin from service providers on which of the most expensive relative cost of different options and they can choose to minimize or offer you a platform or portfolio of options that are in fact low-key so there are some protection there for 401k plans. when you get to iras it's more on the retail market and there are less regulation of these but more disclosure which is pretty much you will get a perspective from someone from a service provider and somewhere in the perspective they will tell you the fees andom you have to do te research on your own. >> host: i know you don't cover capital but is there anything in the current debate over the

house and senate tax bills that could affect retirees with special incomes? >> guest: i was talking about reducing the contribution limits for 401k plans right now the contribution limit is $18000 for workers under age 50. it goes up to 24000 for every people for aged 50 and they were talking about lowering the contribution limit and allowing contributions above that limit which would be post- tax dollars, what they call [inaudible] like a roth ira. the difference between a 401k plan is you put pretax dollars in with a roth individual retirement account, for example, you put post- tax dollars when you take it out it's not taxed so we will make some changes there right now it appears that that proposal has been dropped. there aren't any really significant things going on in

the past regarding text at this time. >> host: kansas city, missouri, working adult, lisa, you're on with charlie. >> caller: my question is this. why is it that when you go ahead and you apply for social security they cut your earnings off and then you have to go ahead and you have to try to work to make up the earnings that they cut off because you can't keep working and making that social security amount higher and higher. i am working right now but i drew social security and they said you are cut off now and you can't keep contributing to social security to keep your wages high enough so that you can get that extra money on your social security check in the future. i want to know why isn't congress doing something about that. theree are poor people out here like me trying to work and

trying to stay alive because were 66 and we may not have income put away or anything like that. why isn't congress addressing people like me? >> guest: well, i know there have been and people try to to look at increasing minimum benefit increasing benefits but we've done work, gao, looking at proposals to help those who receive, vulnerable populations and women in low income and there is thinking on that but right now the congress, at this time right now the congress is focusinge on tax reform. >> host: how is social security calculated about how much he will get back? >> guest: social security and the minimum amount needs to be 40 quarters that you pay social security and that is basically ten years. when they do calculate social

security benefits they look at your highest years of earnings and they calculated off of that and there's a formula they calculateig your average monthly benefits and then they adjusted for inflation and its somewhat of a compensated formula but that is the way it comes out. when they received your benefit it is increases your cost of living. one other thing to keep in mind isy you get a larger benefit for the longer you are able to wait to play. for example, if you get $1000 a month benefit at age 62 and if you wait till age 70 which is the longest he would wait you would get $1,750,000 a month. it's a significant increase.

although many people are unable to wait and he had strenuous jobs and they worked in construction or they got laid off and there were no prospect for them to get but to the extent that peopleus can wait ty will get a significant increase ins, their benefits. >> host: one more call. richard in missouri. hello there. >> caller: i'm calling and i'm retired and i just turned 80 and i worked as a union carpenter all my life and have a pretty good pension out of the deal but i paid into the pensions i've got my pension and they didn't give it to me. i paid into. my wife was fortunate enough to have a union job two and but we don't buy new cars and i built my own house and my father said no one needs a $35000 house but

we've lived a pretty good life. ... some of them are underfunded. so, one of the challenges for younger people is that now really they have to try to build the pension essentially, build a retirement, savings account through 401(k) plan. it's a much different challenge, just as a -- to give an an deck dote, my father was police officer in new york city, retired and then work for chase manhattan bank and got a traditional pension. when he retired he got two checks in the mail and social security and he was really -- he could survive.

had comfortable retirement. he really would have -- it would have been very difficult for him. he had a high school degree. would have been very difficult for him to navigate the 401(k) world and save up money. so, he was really lucky, but increasingly for our children, more and more, they're going to have to take the responsibility of retirement savings on their own. >> host: the report is called the nation's retirement system, available through the gao.gov, and charlie chalking about it. thank you for your time. >> guest: thank you. >> we're live nowty white house, the briefing with sarah sanders should get underway momentarily. earlier president trump announcing that the u.s. will designate north korea as a state sponsor of terror. the president saying that the designation will impose further penalties on the country. north korea joins iran, suedan, and syria on the list of state sponsors of terror.

cnbc's washington correspondent reports also the president says that after the tax debate, he will work on health care, infrastructure and welfare reform. when the congress returns next week, look for florida action ahead in the u.s. senate. [inaudible conversations] >> we're going to wait for the briefing to get underway. we'll show you the conversations from "washington journal" yesterday, looking at campaign 2018. >> our sunday roundtable looking ahead at 2018.

the mid-term elections. womaning stephan and brian. thank you both for being with us. let's talk about the g.o.p. and this mid-term election, typically the party in power loses seats. will the republicans lose house and senate seats. >> i think it's too soon to tell. i remember in '98 thinking we would- >> when bill clinton was president. >> i major in 2002 thinking we were being this historical first two year thing and president bush rallied and held our losses to a minimal amount. so, i think at this point it's too soon to tell with the environment come november 2018. i just know. >> give us one state, one senate race that worries you the most. >> you know, think obviously -- i mean, it's tough to tell today but alabama with the moore -- very concerning, and we'll have a lot of tests in western states where president trump did better

than republicans have done in the past, and are we going to be able to replicate this situation in states like ohio, indiana, michigan. >> host: what is more damaging, having roy moore lose a seat and the democrats pick up a key seat in a republican stronghold or to have roy moore in the senate and republicans have to deal with him that way. >> either way is a bad situation. from what senator mcconnell said in the week, if gets he seat there were be nasty machinations -- >> good afternoon. thank you for being patient with us. i brought a special guest so i figure you might be okay if we were a little delayed. the president hosted a very productive cabinet meeting this morning and made news by announcing the united states has again designated north korea a state sponsor of terrorism. as the president said, one of the primary goals of his recent asia trip was to