for 2014 and we will see you next week ♪ ♪ watch us. the willis report is next. >> hello. tonight on "the willis report." three days to go before the first obamacare debt by the white house changes the law again we have the latest in custers are screaming mad target is not doing more to help them after a data preach can consumers be made whole? the second busiest shopping day of the season we will tell you where retailers are doing to get you in their store. we are watching out for you. tonight. "the willis report." gerri: the willis report

yo show. your money. yo voice. the government is backtracking as if things coul not get any more confusing the administration into a changes the rus r consumers yet again days before theig deadline. todd miller at the american enterprise instituteoins us now. thank you for being th us. here is what they say i your health re insance policy was canceledou can claim the haship emption not responsible for coming to terms to be the individual mandate i thought this was the law of and we we all subject to obamacare now the government comes to terms that people cannot sign up for coverage? >> that was yesterday's law it is like the night at the

improv comedy keeps coming on but it is sad the policies are changed and revised i am looking for new announcements for christmas steve will probably have a new health care policy for other aspects. gerri: you're not seriously suggesting we will ge more announcements? >> yes. this administrationith its approach is like somebody who isehind on a very pensive loan normally the loan shark cuts of the thinkers a of the toes but thedministration does it is self with those provisions that are no longer workable. gerri: so it is too late to buthis idea the fantasy thatomehow the obama will follow its own wa?

i don't see that. >> correct. >> this is what hhs said. >> of the consumer believes the plan option is more expensive the and th canceled health insurance licy thecodbe eligible for catastrophic corage for the hardship exemption. that is more expensive than obamacare coverage? really? >> it could be. the actual premiums would be loaded if they of theul loaded policies you wilnot get any subsidies for the catastrophic coverage even if you bght it through the change. that is the difference from netost but this backtracks thathe coverage scheme, regulation, subsidies are not workg and for the people who work their way through the web site

they are told thank you very much that we willet you ofe hook. that is a bet -- a bad headline. gei: listening to what the president said. the basic structure of the law is working. you still have to laypeople that signed up those that rolled through in the first three weeks of december alone. gerri: what? really? i don't think that is true? >> note. they're all kinds of fake numbshe 2 million came fromdding medicaid some cod be bag andank to work outhe details lat it is fuzzy for those who

had gotten through these applications. remember last week's rule was you did not have to pay for this insurance they will now cover you for a period of time but weill make it up later. these are people who did not completehe pross but it is better on the state exchanges. gerri: we are running alist of delays. 24 that is what we calculated. 24 changes. that was to be the perfect solution cut the coing keep your doctor the world is your oyster now more people have lt insurae coverage take a lookt these numbers. 365,000 cancellations cancellations, nearly 6 llion. i see this as a tragedy for

the american people. >> it is anmbarrassment. we cant just make ings up but it tur out that is what goes on. gerri: i aee. looking for word i am afraid to say 2014 will be its own problem looking for those who provide coverage it is more expensivand they get less oions? >> not only led be higher or your doctor is not ithe network and the first month in particar is a nightmare for matching up as opposed to what the paper work shows and who is holding the bag what is not regular reimbursement. >> that is scary. people are going to e doctor or dead hospital to

find out youon't have coverage. thank you for coming on. it is a pleasure to see you. merry christmas. >> u tell the nex surprise >> we wi have you back. w end exclusive update. targetresponse to the willis reporon thellout of millions of customers impacted by thatate a breach. we ha co-founder and chairman of identity the 911. great to have you. 40 million america in the cross hairs facing what could be a financial loss or identi theft we don't kn. what do you make of it? >> el link him breath is still unknown. we just knowow they found out out, it wws realed by me of the pcessors.

some people were notified by credit-card companies, rget mada statement we still try to gather the full dimeions but its pretty serious. gerri: we go to night mentioning security, of the numbers that were stolen debit and credit card numbers are out there sold by crimina and to other iminals. maybe were shopping at targetblack friday value reformation is sold at 20 or 100 bucks per piece for your information right here probab russian criminals buying your information on the black market is a tredy. ople pass this off as just another blow up. i believ targets >> they are fighting the uphill battle and by the way

>> hill battle? what didhey do? where is the c? they put out some p.r. releases but will not pick up the phone how mnyweets or facebook post from people who sat on the phone trying to talk to someby from target nobody gs on the phone with them? >> it outrageous thhre is a flawomeone managed to exploit that as people were explting debit cards and credit car now they have announced today there'll be free credit monitong. gerri: that is no a comfort. the iormation has aready been stolen now you tell me youoffer freeredit

monitoring? now ey say if you have a loss they will make you whole but you may not know for awhile. maybe it happens down the ro. >> one of the thingshat is important people have to look at credit accounts and they count on a daily basis. they should do this anyway. to make sure every transaction they see is there's. people may nt to replacace their cards this could be part of their buying pattern people also have to remember gerri: but you cannot find or fall on csumers shoulders it just is not good enough. i want you to hear from the people trying to get target to respond.

>> are u kiing me? afr 48 minutes on hold been a busy signal and the call is dropped. completely unacceptae. >> white you cancel everyone's card and reissued to everyone since none of can get through? people would be grateful for e pro-active nature. >> target needs do more to protect its customs data to restore confidence how come it has not gotten ahead of the news? but 22 days between the time the rip-ofstarted in the date they said something apparently reporters were calling them from all over the countr they did not say anything they let people use the credit cards and put themselves at risk. why?

trying to uphold their good name during the season? crazy. >> there are suations where of a dat em preach you hear the alarm sometimes they cant be discovered right to way. sometimes law enforcement instigates and they tell the target they dealt with their release that does not excuse the problem. gerri: target did not even find out first. they had to be told by other people in the industry. this is not a proem on the web but in the ral world that they were not ableo handle now 40 million americans, who knows? will they be ripped off?

will they have their identity stolen? we have radio silence. >> we don't know so far target maintains the pin number for the debit card has not been compromised. ifhey are you have another set ofroblems because it is one thing for someone to use your debit card for a specific transaction it is another thing if it is used an-atm machine. gerri: thatas the good ne the numbers were not stolen. >> but the biggest problem it is not the first. i a -- iwill not be the last the businessommunity does n take ts as seriously as they should. breach after breaching an issue after issue. and what they need to protect themselves and they

don't create systems that respondent to people when theris a breach to make sure they are taken care of. gerri: i agree. we running out of time. think you for coming. we appreciate it. thing gives you stillave time to give an end more on a massive story from a target as lawsuits kyle in against the discount retailer. this is the quicksilver cash backard from capalne. it's not the "juggle a bunch of rotating catees" card. it's not the "sign up for rewards eachuarter" card. it's the no-games, no-messing-'rod, no-earning-limit-having, do-i-look-like-i'm-joking,

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gerri: the problems fo target keep coming. notust dealing with the llout of a securityreach but now being s by customers for invasion of privacy and negligence. can and these cases stand? let's ask our guests. >> we don' lik target right now butwe will not make any monef suing target to avert the customers that this is what happened very quickly they did at.

but the credit card is paid via -- b the company. gerri: 22 days? reporters werealling them but they heard nothing spinet they had still have full disclosure with data reach where once they kn that they are to do it immediately. >> that was reasonable to d the own internal investigation also t.j. max gerri: this is a different case real world theft not online. >> but thesemagnetic cards inxistence for ever. he would think with this particular point the point i try to make is that aspect

has had stakes in other situations there is ttlements because this offer issues are known. these are not new problems. >> i gave you that but with dollars and cents in front of a jury or judge for damages you really have damages when erything is paid for? >> that is a problem. >> but the person in the street yes the fraudulent charges may be paid by somebody ails the late payment fees what about overdraft otection or identity theft? >> i agree with all of that. >> i completely agree but in the court of loss. -- court of law. i agree. i love to shop there but now claims scared. but they say we take care of all of that then there is nothg to argue about.

>> but they don't. >> they will. >> other retailers there was $7 million worth of damages with 40,000 class members they got what it is $75 each gerri: the reality is this is unacceptable thhs is their responsibility. let's talk about is what is valuable? is that the inventory? the stores or restate? >> than they e not protecting that they have our information stolen. >> but theroblem is in a court of law at what happened. >> but this period was during the black friday period. they tried to patronize the

stores now they get this? >> no target tells people to go out and cancel the card in the middle of the holiday season before the biggest shopping day of the is ludicrous. >> now it is a real problem. >> elete it out in front of it? they suld have done it o weeks ago. >> would get the statues they will not be held accountable in a court. >> there is already a lawsuit in california. it is unfortunate we don't have a federal statute. >> so it was meaningful to the coany but not the consumers. >> but the consumer is capped. >> it could be a tiny amount we will pay you back. gerri: why isn't the ceo talking about this?

>> they should be. this is an outrage. gerri: i apologize. merry christs. think you very much. braving the malls he wi tell you whi poll t the stop and headingo onsumer repos" for you procrastinators looking for something to put under the tree. my customers can shop around. but it doesn't usually work that way with health care. with unitedhealthcare, i get information on quality rated doctors, treatment options and cost estimes, so we can ke better health decisions. th's health in numbers. unitedhealthcare. open to innovation. open to ambition.

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gerri: the clock is tickining as americans wait until the last minute to finis shopping habit you find the best cadging a gift? visiting "consumer reports" testing center. the liday sson people are not done. >> as o early december only one-third have started so lot of the stores the will be marathon shopping. gerri: believe fellardest for the last. >> spouses, a significant others children never to m3 but who's to the most regally kids with9 percent of those surveyed in

"consumer reports" saidhey will spend more money on their kids than anyone else. gerri: will cap the tablets with the ipad air? >> for the new one is thin an light colors are studying and realistic it is abt 13.five hours of battery life it is easy to read it is aboutwice as fast. gerri: it's is lovely you also have the kid version. >> the curio is wondeul it is responsive with the silicone bumper 63 pre-install caps with seven hos of battery life it you can access e parental controls.

gerro many worry and my protected. >> this is one of t best opons out there we like the security inherited this product. >> if my husband came to me with this should not be happy. you should have a more open mind if this is cool not like a vacuum cleaner but it is a fun appliance that can do somhing you don't want to do. gerri: big conces how this has been operated but the problem with these it seems they miss a lot of areas but the i robot is terric it picked upalmost everythin in its path when we tested it h here at "consumer reports" i it did a terric

job it is pgrammable you could ha it afte everybody is asleep it is for a hundred $50 but it was a standout. to be but once the blue touse -- bl two's people can talk on the airplane it will sell out. >> this is supb. it offe blue tooth or wire cake aut the capability in the blutooth realm and natalie that very good ways canceling prerties for sizing comfort to a huge utility it is a terrific model. >> what you recommend? we back the buck stops he

sa nokia libya about would hundred dollars with a two-year contract what stays t about this product is phenomenal. with 1.to make a pixel and it can shoot a low light -onditions or photo correction.. >> this is something that has reached new heights. gerri: why you have to wait to get your tax rund next year and wt you should d about a. even during the busiest this shopping season consumer is sick of the discounts why the fatue? the fatue? after the brk.

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gerri: t christmas sean of midtown retailers pulling out all the stops to open their wallets will this work ? here today if we have a personal finance expert. what are th doing? any other discounts? >> probably asood if n beer. with the little electronic pet? [laughter] 3999. you will see good promotions across the board then th extended hours. gerri: we have a good graphic ll us about the

marathon retailer. >> around the clock they will be open crazy kohl's, a macy's, a ys r us some going over 10 hours consecutively to bring in traffic is crazy. and some are extending fr shipping as late as the 23rd with free shipping or expeted shipping. gerri: value? >> they guarantee. is crazy a phenomenal number becausethey know that people are opping online and waiting and procstinating. gerri: they're up against problems a shorter holiday. >> losing 1.5 billio because of that. gerri:etailers have been so aggressive but what is interesting is they don't get the sales they expected

ev with this craziness. >> table get some traffic the days aheadre the busiest spping days as we go intnextee it gets busy and saturday, b tomorrow is generally ry busy so i t they will get the traffic but overall sales will be up three or 4% which is okay. you think it would be better >> with said gdp report he would d think people would be more extended. >> that they are tired of the discounts. >> th are used to free shipping something excsive

something not going out to every tom dick and harry we are provided with text messages total craziness. gerri: get a less than stick to window go fther. americans were criticized for consumer oriented to buy the new stuff are they over that? >> they do but they buy a lot of junk showi a lof people to have these budgets but they're worrd they cannot keep the budgets of 59 percent say they're more likely to vote that specifically tse to go in there to spend the money like nono tomorrow because they need more stocking stuffers.

gerri: w want to ask about reid shifting there's a poll that shows its okay. do you go along with that? >> i agree but you have to do with the right way. i got a blue sweater was not my color but i knew it is extly what he wanted and your size i ba gift it. i would take it. >> i think it is perfectly fine and has come more ceptable. boreeoe do at. gerri:erry christmas. here is a question to you reid gift? i will share the results since most americans do what are the most commonand gives? number five is jewelry. year o stuff is just

vintage the cture frames. swap out the smilg faces. number three gift baskets. make sure the items have not gone bad first. [laughter] nuer two houseware coffee ms, blunders, and the nuer one goes to be gifted item is clothing. i am shocked. but then they see you did not ar it to. alwaysremember the cardinal rule is remembered you gave it to you in the first place. when we come backdvice on the best retirement option and to the importantteps to take this weeko make thpavement of filing your taxes o little less. taxes o little less. ♪ [ male announcer ] e new new york is open.

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gerri: you may have to wt long to get your refun check the government shut down ierrupted the task to upte the processing systems so they have to start processing returns january 31st 10 days ler than normal. great toe been on the set. le are a fan o the refund although i am not but they rely on the many the earlier the deadck -- the better. >> ufortunately these pele will have to wait it affects those that most needed the money.

they live paychecko paycceck but ose that file pay down holiday bills or essentials purchases. it is unfortunate but this if you use tax software to file your return you can start filing electronically through jittery second. we will hold the return and tell the irs opens the d doors then they willransmit and it will be first in line to t the refund. gerri: h&r block is doing that same thing but i do see people outhere those who tend to be wealthier but you can do things right now to reduce the tax bll.

what you think? taxpayers willll see sticker shoc but this is a great time to look at your donations not only cash but furniture and toys can be written off on the tax return to the extent that you value those. >> at the devil is with e details. backs of your retirementhe payment. whether the i.r.a.r the 401k plan invested in your future through your retirent plan is a great tax savings moved. gerri: this education savings is a good thing to reduce. >> everyone really college, which is very

expensive. it does provide tax benefitslleo dooverlook that but these education benefits kim / that. gerri: i like playing with pretax dollars. if you get a bonus don't take it on christmas da waituntil to refers to to pusht into theext year. is a with deductions move those in to a 2013 for the immediate benefit. gerri: a lot ofhanges coming. thank you for coming on. merry christmas. for more last-minute tips to and on wednesday, a christmas day user's guide to taxes everything you need to know not all 401k

progograms a created equal you're looking well for you and your buddy some of the best on the market best on the market ♪ this is the quksilver cash back card from capil one. it's not the "limit the cash i earnvery month" card. it's not the "i only earn decent rewards at the gas station" card. it's the no-games, no-signing up, everyday-rewarding kung-fu-fighting, silver-lightningn-a-bottle, brbringing-home-the-bacon cash back card. this is the quicksilver card from capital one. unlimited 1.5% cash back on eve purchase, everywhere, every single day so a yourself, what's in your wallet? see who does good work and compare costs. it doesn't usually work that way with health care. but with unitedhealthcar i get information on quality rated ctors,

treatment options and estimates for how much'll pay. thelps me, and my guys, make better decisions. i don't like guesses with my business, and definite not with our health. innovations that workfor . that's health in numbers. unitedhealthcare gerri: if you want to know which companies offer the best choral

gerri: i don't know about you t i use my 401 plan to pay for my retirement so which companies have the top program? jog me n is the bright scope ceo.

this is fascinating because you have so much datat your fingertips with 401k. les talk about how you come up with this list to help us know how the for a 1k plan is good >> this is not a political contest your survey. be actually grabbed the fed to statements for each pl and we do a lot of processing in putting into quantitative scoring model in trying to determine which plan will get you to retire but faster. gerri: what kinds of things you consider? is it the options it? we back the number one thing is how much money actually goes ito the planet your behalf with your deferral or that your company puts in for you for the match.

fees, quality of deduction and options you have a good option? real-estat bond? small-cap? how long does it take to you to get the match. gerri: you have put it to gather. but now look at t number ofind 401k pla in the cotry is the nfl career savings an. how did that happ? >> they're highly paid when you see a very distinct employees that oftentimes the comny is is a device to contribute more on behalf of ththose employees becse th do not want lose them. in this case. gerri: and uned airl pilots are southwest pilots

that are well paid have good compensation of packages what was the savings plan and udi arabia of oil? thatwas another pan that was incredibly generous. they just love the company because they say it does a lot including putting a ton ofoney in that has been on the list i think every year since we started five years ago. then they decided to be so generous. %-those other plants.ut was there any surprises of companies that you expected to have good plans but were not sogerous? >> i have been watching apple for several years it a great company if you just held the stock for yourself you made money but the benefit will come in the form of other things outside

of the tirement plan relative to google's ori am it is just n that generous gerri: that is fascinating. wide you go to the trouble? >> our mission statement is about providing retirement security to the work force and providing transpency. it incentivizes whether the cfo or the plan sponsor for the company like schwab who is of low cost index for the market pixel whole market better. gerri: fascinating. is a great coach check out the web site. we will beight back with theser to the question of the day. to you me announcer ] thistore knows how to handle a saturday crowd. ♪

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gerri:ccding to a new fox

news poll,,more than 7-inch and people say it is okay to every audi do that? here is what some of your posting on my facebook page. i've done it. it is thh thoug that counts. jack rigs, normally i have no problem with it, but everyone should be reminded to always practice safe we ge in. that means be discreet. we also asked the question on gerriwillis.s.com. 33% said yes, 37 perct of you say don't do that to me. here are some of your e-mails. in rponse to your question of whher the government should ovide job equality or equality of opportunity, the government has no constitutional business guaranteeing any sort of jobs. give m need only get out of the way in a business to provide all the jobs. jim from indiana says it cannot guarantee equal results. the best that we can do is to guarantee an equal opportunity. the results lie in the hands of the individual. agree, jim. and rant from wisconsin agrees, it is not the government's job

to make sure everything is fair. life is not fair. hang a skill set or knowledge enshrined productive results for your employer will get you ahead in thisountry. lincoln said, you cannot lift up the wage earner by bringing down the wage payer. we love hearing from you. send meny member. t to gerriwillis.com. consumers get the short end of the stick all too often, and so it is with the target each of security. as we have been saying, 40 million americans have been exsed to identity theft and financial losses. consumers on the hh. while targets says customers won't pay for losses, what about the people losehe peace of mind or are forced to cancel cards during t holiday season. for its part, target could have done a better job protectin yes. the company 20ays to make public the breach. their response after the announcement was subpar. waited and waited and did not get a responsee. the company cl talks directly to the public.

come on and say something. consider this an invitation to come on "the willis report". that's my "2 cents more." and that's it for tight on "the willis report." thank you for joining us. have a great night. the obama administration's collection of scandals and lies have led to comparisons to former prede richard nixon d today, the washington post released a statistical analysis confirming the comparisons, the nixon, the only president to post lower ratings in the position than where presint obama finds himself tonight. i'm lou dobbs. good evening, everybody. theashington post, today, released a dammingoll for the obama administration, the president's approval rating at the end of s