you can always listen to the show on sirius xm radio channel 113. ly see you -- ly see you here tomorrow and monday at 2:00 p.m. hello. tonight on "the willis report." besides free checking. hello new bank frees. consumers hit where it hurts. also, what is going on with men in this country? a record number of working age men in their prime not working. any fresh? >> tons of six-inch subs to choose from. >> subway subway will stop making the bread used with a chemical used in rubber mats. we're watching out for you tonight on the "the willis report." ♪ lots of great stories tonight. but first, the common core

debatest clades. republican senators proposing a resolution calling on the federal government to stop cohearsing states to adopt the highly controversial education standards. news of how much it would actually cost to implement the program has many states rethinking the whole program. here with more michael mcshane a fellow in education policy study at the american enterprise institute. he's coed or it of the new book "common core meets education reform. what it all means." welcome back to the show, mike. so lindsay graham, republican senator and several others saying the government is doing is essentially coerce. do you agree? >> coercion is a strong word. i think strong promotion is a pretty accurate way to describe it. in the race to the top program that was part of the economic stimulus package, as well as no child left behind waivers which were regulatory relief offered by the department of education. those encouraged states to adopt the common corps. standards or

common and college career ready standards. gerri: okay. before we get too deep in to this. what graham is saying he's not talking about the details which were eloquently put forward by you moments ago. he's talking about the fact the government is putting money on the substantial and that's encouraging states to get involved. however, states are just now finding they are going to be on the hook as well for as much as $12 billion. $10 billion up front and $800 million in seek of the success of seven years. it's a huge amount of money. how is it possible these states can even afford it given what has been going on with state finances. >> well, that's a great question. i mean, in one way, some of those costs might be in purchasing textbooks or technology or other resources that states are already sort of planning to do every so often. but a lot of the new infrastructure upgrades there are real question marks how states will be able to afford getting high speed internet to the school they need. the horde ware and software grades necessary to give the tests. i think it's a big question

mark. gerri: florida, indiana, south carolina all saying, you know, we may not be involved with common core. where are they thinking about opting out at this point? >> well, i think there are two issues. one, you already highlighted which is about cost. the rubber is starting to meet the road and people are less than enthused about having to pick up the price tag. i think the other piece is about politics. we're seeing push back on the right and the left. gerri: absolutely. it's interesting, parents say they don't like it. teachers say they don't like it. it seems like everybody is against it. tell our viewers the essence of that objection to common core. >> i think on the political right mostly the issue is what you highlighted earlier talking about federal overreach. people don't like their state was sort of promoted by the race to the top program or an issue in the 2012 election, et. cetera. it's interesting on the political left, as the common core standards are become the backbone for accountability programs for schools and teachers, those that actually fall under those programs,

teachers like you highlighted and schools as well are starting to say, wow, hay have we had adequate professional development. are the tests ready? do we feel like we'll be fairly evaluated based on the standards. gerri: what we're not talking about which is important in a common core conversation if it is a program developed by elites to promote elite education for competition in the global marketplace. i think a lot of people have objections to the idea that this was put forward by bill gates. essentially to provide workers for his company, sort of. what do you make of the goal -- educational goals of common core? >> i think the educational goals of common core are pretty broad and about promoting literacy and numerous. i think some of the thought of elitism are a little bit exaggerated. but i think that just the general idea of having a more uniform standards across the country is something that a lot families will pushback against.

they have a different vision what the educated child should be. gerri: they want to have a role in education. they want a say how their kids are instructed no bigamist i are or surprise there that people don't want to be ignored. and i understand that. what do people tell you? what do parents tell you about these programs? >> you know, it's a mixed bag, i mean, some teachers, especially lip. i started my career, i was in inner-city high school teacher in alabama. teachers that come from small states that previously didn't have access to the same type of materials that teachers in texas, california, or florida that are bigger markets. i think a lot of them have a positive view of the common core. they get to use the apps being developed in silicon valley. which they didn't have access to before. again, i think a lot of teachers are frustrated they feel they haven't had adequate professional development. i think they think the tests are -- gerri: let's be clear. it's not adequate professional development. they're afraid they get graded and scored and maybe lose money; right? >> sure. yeah. absolutely. these are the backbone for the

tests that evaluate how well they're doing their job. so they are rightfully, probably concerned. gerri: it's a fascinating topic. i keep hearing wild things about how kids are being taught that just makes me crazy. mike, you have to come back and talk to us more about this. great taupic. thank you very much for your time. >> totally. any time. gerri: and first your cable bill. remember that? then your cell phone bill. now more and more banks are doing away with offering free checking. yes, you pay for that, too. joining me now kneel weinberg. the editor in chief of "american banker." welcome back to the show. it's great to have you here. the number we were showing here is fascinating. the proportion of bank account to have a fee. it just, you know, it goes down and down and down now just below 60% the ones that offer free checking. what is going on? why is this happening? >> well, you can perhaps thank senator richard durbin. there was a durbin amendment

which meant banks can charge so much in fees when you use the debit card. the debit card used to get a lot of ref new from character. -- checking account. if they don't get it from that they charge fees. what you see the fee -- gerri: thed to frank? did dodd frank have a role? >> it's part of the dodd frank ability. gerri: let's back up six paces here. dodd frank. we bailed out the bank with taxpayer dollars and now it's coming back to bite us in the butt. we no longer have free checking. how is it we pay both times? >> it's the law of unintended consequences. the idea occur win bin was talking about punishing the banks and helping small savers inspect tend hurts small savers they're the ones paying fees. gerri: let's take a look at the numbers. these monthly service fees are interested for no interest checking account they go from $1.77 in 2009 to $5.54 in 2013. when you look at interest-paying

checking account. 2013 $14.64. is there any way out of this? can you not pay the fee? >> there is a way. actually, the largest bank which are subject to the fee cap on the debit cards. they are getting rid of the free checking. the smaller banks those less than $10 billion in assets for the vast majority have free checking. gerri: that's interesting. because they are under a lot of pressure right now in term of repaying the government for some of these. most of these community banks are gone from tarp. they certainly are facing a lot of financial troubles. there's a huge, obviously, new amount of regulation they have to face. you're seeing the number of these community banks go down drastically. >> and yet we keep using these institutions. take a a look at these numbers. customers putting more cash in to non-interest checking accounts. should we applaud because people

are putting more money away or should we say it's not the right place to put it? >> you can put in a checking account and get nothing and in a civic and almost nothing. they leave in the checking account. gerri: we know they are getting returned very little for the money. >> of the inflation they are losing money. gerri: what do you say to people who believe i don't want to pay this for a checking account. my money could be used better elsewhere. what should they do, neil? >> you should get district depositive it or find another way. look at the small print and find out what you have to do at the particular bank to get free checking. look for a small bank or a credit union or a large bank. many if you still have your salary depositive ited directly from the employer will give you free checking. gerri: what proportion do you have any idea how many allow you to -- >> i think it's still the majority of large banks. gerri: that's the thing to do. right? , i mean. >> either that go to a small bank. you lose the national atm

network. that's trade-off. >> credit union. >> yeah. there are a lot of options. thank you for come together show. great to have you here. thank you very much. now we want to know what you think. here is our question tonight. are you feed up. feed up with bank fees? log on to gerriwillis.com. vote on the right-hand side of the screen. we'll show you the results at the end of the show. we have more to come. including why consumers aren't buying electric cars. and let the obamacare bailout begin. the first insurance company, drum roll, already set to get hands on millions of taxpayer dollars. i kid you not. details coming up.

tonight new development in the story of a target hack attack. investigative blogger says the target vendor information use bid the hacker, well likely a heating ventilation and air-conditioning contractor. they got in in november using

stolen credible from a pennsylvania-based hvac company. can't make it up. and a bailout for insurers. it's a drastic unintended consequence from obamacare we've been warning about for months. and today a major provider announcing it's gging to be needing hundred of millions of dollars to stay afloat. will you wind up picking up the tab. joining me now president of american action forrum. great to see you, doug. let's talk about human that here. they have a call on u.s. tax payer dollars. i can't get over this. we've been warned it was going happen. what do you make of it? >> i think there is a predictable result of the policy. the way it works is that if you end up with a set of customers in your insurance plan who are very expensive, and aren't paying premium enough to cover their cost, and they're not. get a provision where the government picks up first 50% of the losses and then 80%.

it's so the-called bailout provision. what we're seeing is the result of a bad policy with bad execution. we saw on healthcare.gov. gerri: but doug, i'm already paying for this through higher taxes, my costs for health coverage is already higher. i'm getting less and paying more. now we pay this, too? i just don't sit well with taxpayers. >> here is the way it was designed. the idea you have a good policy. we don't. but if you have a good policy in place then there are other companies that have the low-cost patients. they'll pay a tax. this policy is supposed to be classic tax and spend. tax the winners, spend it on the losers. the trouble is we're probably not getting the winners. it's a poorly designed policy. cbo thought it would make money for the government now we're seeing the first company saying no, we're losing money and the question is how big will it be? gerri: well, you know, you have an interesting answer to the question. i think what you're saying,

least at my producers, not everybody come up front like humana and say say give me more cash. they're going raise rates. >> it's inevitable next year. no one want to be in the position. the premiums will go up. what happens then? the people who are cheap don't buy insurance because they got doctor on their own. the expensive buy insurance, it gets worse. it's a fundamental problem with obamacare. it's a tip of the iceberg. gerri: tip of the iceberg here. here is humana enrollees 20% are aged 30 and younger. they said we can't make money doing that. the program doesn't work for us. i think it's a tragedy they're asking for money. i think the whole program is tragedy to begin with. >> remember it was stole humana saying we're going get 40% young people. the young invincible in there and made them price policy accordingly. gerri: it didn't work. >> it's not happening.

now we have the problem. gerri: no. and now new reports that people can't keep their doctor and the narrow networks now. which astonishes me. now they force the insurers to broaden the networks, have more doctors, more hospitals available. but how? , i mean, doesn't the economics of this depend on something else? >> depends on the -- that will increase their losses and then they'll be back. all right. [laughter] the administration -- i don't understand this at all. you have to cover the benefits it makes the insurance more expensive. you have to cover the cost of taxes. more expensive. and the insurers are trying to find a way to keep premium down. tight network do it. now the administration say we want the low premium but broad network to. it basically means every insurers has to lose money. that's the plan. gerri: and so then we can bankroll them further and give them more taxpayer money. my head is spinning. is there any way out of this? seriously, every day, every week another nail in the coffin of obamacare, but it's the law of the land.

it's not going away, doug. >> the law has to be changed. i mean, this is fundamentally flawed. the administration's solution to all problems is to one, throw money at it. two, blame the insurers, and three, relax any rule that looks politically potent. that's not going to work. [laughter] gerri: i know. it is a politically run program for politicians who don't want to be on it. it crazy. are you going to be talking to some of these insurancers and coming days? i know you're work on a business looking at all health care issues -- >> yes. gerri: tell me about that. >> we've talked to insurancers. we have talked to the advocacy groups who study the policies. we have built the capacity to analyze reforms. repeal and replace, as we so seen out of the senate with coburn, burr, and senator hatch. see what happens to premiums. turns out the premiums go down. coverage is about the same. we have the capacity to understand how we can fix this

thing, really, what is going to deliver lower cost. what deliver low premium. what is going to enhance coverage. i'm quite excited about it. >> can you get anything done before another election? don't you have to have at least two houses of congress or a house of congress and the president seat? can you get anything done unless you have a majority rule? >> umm, i have no illusions we're going it see the law changed in the near term, but i have lived my life in the vein belief that better informed policy makers will make better policy. we'll see. [laughter] gerri: we'll make a side bet on that, doug. great for thank you for coming on. later in the somehow why you should expect a wild and wacky jobs report tomorrow. next we answer the question how do you do that? we help you decide if an electric car is right for you. don't go away.

can you really save money driving an electric car?

gerri: americans falling out of love with their electric car? listen to this. sales of the two most popular cars in january, electric cars, taking big hit sales for one didn't even break a thousand. despite the thousand of dollars in tax credits and rebates uncle sam is using to lure in customers. is there any benefit of going green for your bottom line. hey, lauren. good to see you, thank you for helping us with this one. so do you think we have a right here? are americans falling out of love with electric cars? >> i don't think there was a big

love for them to begin with. there was a lot of high excitement of having one and being the first to have a green car. what happened is you look at the total sales 3.3% of all cars sold. it's a teen any amount. they are people that want to have the cars. you think about sales overall. they're not something people want. there's a range anxiety that it's hard to get over. gerri: look at the numbers. sales down 50%. the volt down 62%. there's also the factor of, let's face it, gas prices are doing all right here. take a look, today's average regular $2 $3 month 27 a gallon. the trent has been down. it seems to me maybe you don't start thinking about green or electric. >> right. it's true. price of gas and, of course, when you think about the cold weather and the impact it has on batteries we've had cold weather across the country. everyone is thinking, you know,

if i've got an car maybe it's not a choice for me. it's a lot of factors to be considered. depending upon where you live. the strong market are atlantic and frisk. those are the real markets where they are stong. you don't see them in places like new york. plug-in and drag your cord across to the building. you have to pay for the connection in addition to the parking. gerri: talk about the battery and what is happening in the cold weather. >> the cold weather can cut the battery life in half. that's typical. batteries in any car struggle a lot when the weather is sub zero anywhere in the northeast. it was 2 degrees this morning. no car wants to star. neither do we. you think about how it cuts the life in half. it will make an impact on the daily drive. it could effect the sale of an electric car. gerri: as a consumer and looking for value for money. one of the things you consider buying a new car is depreciation. let me tell you, the cars depreciation on them amazing.

spark after five years it keeps 28% of the value. the ford focus. 20%. nissan, the nissan leaf after five years is worth 15% of what you paid for it. i mean, come on! >> it's unbelievable. gerri: right? do all cars appreciate that much? >> no. regular cars don't depreciate that much. when you lease a vehicle the payment is based on the car worth down the road. don't forget about the smart and the ev and the fiat. those are cars not worth nearly as much. there's a resale value the after market on these type of cars people don't want them. i can buy a new car and it would make more sense. when you look at the cars going auction. they are being bought but they take a long time to get them off used car lots. one thing before you buy a used car there might be a good deal on it. you adopt know how it's maintained. if they didn't maintain the maintenance and inverter fluid. that would be on you.

could be expensive. gerri: what are you considering when you buy a new one. if you're try -- you want to be good. you want to go green. what are the issues you should think about? >> well, before you do anything how many miles do you drive daily. you can figure out easily on the vehicular you're driving. 30 miles a day. that might work round-trip maybe so you to make a couple of other stops. keep that in mind. that works for you. check with your insurance company. find out the insurance rates. they a might be higher. it might be higher in boston than kansas city. those are impacts on your budget as well. find out your state as well as municipality and your company offers. the $7500 tax secret there. when i tell people you figure it out figure state, local, and company might offer. look at other options. there are options that diesel or -- better fuel economy. gerri: i have to tell you. it was a great point. a lot of regular old fashioned cars go a long way on a gallon

of gas. my car turns off when you sit at the red light and starts up. there's all kind of technology out there. go ahead. >> right. >> you can buy a ford fiesta that gets 45 miles to the gallon. a jetta gets 52 miles to the gallon. you can buy a fiat. if you want to keep it small. you still get great fuel economy to the 40s. how about the nissan? get 43 miles to the gallon and plenty of backseat space. and storage it may be something you lose. the truck gets smaller because the battery pack is back there. gerri: one more question for you. you mentioned diesel. i don't understand why we don't do more of that in this country. you get great -- >> that's almost a whole segment on its own. diesel, when produced a lot is shipped to europe because that's the way they want it. europe is already converted. i have a diesel vehicle that

goes 700 miles on a tank. no problem. fill up once a month. i used to fill up once a week with combat gas -- gas powered. all the german manufacturers have it as well as the cruise. you can buy the two liter tv great american car with a diesel engine. i would say it's going to be long time coming. a lot of your viewers and people out there saying, you know, diesel -- firm as a kid. it was black and smokey. that's history. today it is clean and absolutely cleaner exhaust pipe emission than gas-powered vehicles. gerri: go further! yeah. lauren, thank you for coming on. great stuff. great information. thank you. >> thank you. she's awesome. coming up it's not just mother nature wreaking havoc on the nation's airlines. we'll explain. next, as we look ahead to the jobs report, new numbers show just how bleak things are for working-age men.

details after the break.

gerri: well congress today decided against extending unemployment benefits for the long-term unemployed. and the news, well, it comes on the day we learned that more about a growing segment of the population relying on those benefits. american men in their prime working years who are jobless. let's bring in heritage chief economist steve moore. welcome back to the show. i have to tell why you, the numbers blew me away. one in six men are jobless.

that's 10.4 million fellas out there who are not working. and could be. they're working age. what is going on? >> well, we want the women like you to earn the paycheck. [laughter] no, but, i mean, this is a big, big problem, gerri. when you've got nearly 10 million employable male adults right in the strike zone, right in their higher or -- what should be their highest earning years between the age of 25 and 54 not work it's a symptom of what, you know, we talked about this many times on the show before. we have a shrinking labor force. and it's not just people retiring. it's not just young people not getting jobs. those are problems too. it's people who might lose a job when say 50 years old and can't find a new one. gerri: if that's the case, what is going on here these guys lost jobs during the recession and they just can't get employed again? >> well, we don't know for sure, gerri. we know there are a lot of jobs that are still going unfilled.

if you look at the trucking industry there's 75 to 100,000 trucking jobs that are not filled today. a lot of truckers who lost their jobs what did they do? they went on unemployment insurance when they lost their job. as you know, people don't start looking for a job until the benefits run out. we we've had a massive increase on the number of people on disability. a 30% increase. gerri, do you think 30% more americans have become disabled in the last five years? i don't think so. i mean, people lose unemployment benefits and shift to disability. in other words, we're paying people not to work. when you do that, you get less work. gerri: the people who lost their jobs during the recession, the great, you know, -- that thing is in our rear view mirror now and has been for a number of years. if you haven't been working it's harder to get a job. partly my heart goes tout people. i know, it's very -- the economy isn't turning over big numbers of jobs. >> no. >>we're gerri: you mentioned and

there are opening in trucking that may be the anomaly. >> well, e, look, i think people who want a job can find one. it might not be exactly the job you want, but, you know, huge safety net programs. we -- gerri: true. >> we have seen a massive increase in food stamps, subsidizes. i'm not saying people are lazy. some are finding the job they want. because we have put an lot of bad policies in place. tomorrow's unemployment report is a big one. gerri: what is your expectations? the consensus right now 178,000 jobs created. the job res rate at 6.7%. what do you say? >> it stinks. gerri: i agree. >> we just had less than 100,000 jobs last month. we should be expecting 300, 400,000 jobs of the month. it's a fifth year of the expansion. we haven't had the burstout in

growth we have been expecting now for four years. so if we get less than 200,000 jobs i'll be disappointed. gerri: i want you to hear something that bob iger, the ceo of disney told me last night about the health of the american consumer. frankly, i found shocking. listen to this. >> i say right now what we're seeing is a relatively improved economy versus maybe a year ago. there's still not that much visibility. i don't think there's huge confidence out there. it doesn't necessarily mean people are pessimistic. i think it suggests, at least from our perspective, they're somewhat uncertain. gerri: i thought it was interesting. his business is growing. he has a great top line. he can say everything is wonderful and nothing hurt. he didn't say that. what do you make of the comment? >> i agree entirely with that analysis. i mean, look i've been bullish, as you know, in 2014. i've been expecting a really good year with maybe three or 4% growth which feels like a sprint

compared to what we've had. the last month, january has been pretty slow. manufacturing has been flat, housing sales are starting to slow down, the car sales are flattening. i'm not quite as confident, frankly, gerri, as three weeks ago. they're going blame the weather. if we don't get a good jobs report tomorrow they're going to blame the weather just like the month before. gerri: it's true. you make a good point, steve. please come back soon. it's good to see you. >> great to see you. time for a look at stories you're clicking on fox business. com. a former portfolio manager has been convicted of insider trading. matthew has been found guilty of dumping millions of shares two pharmaceutical companies in 2008. he did it after he learned the secret result of an alzheimer's drug trial. what a difference a day makes. stocks sharply higher. dow up 188 points today. but it was a different story for twitter. the stock price taking hit after

reporting stronger than expected revenue but investors are worried that the company's growth is slowing after adding 9 million new monthly users in the fourth quarter. well below the average of 16 million. retailers are taking rosie view of 2014. the national retail federation said it expects sales will increase more than 4% this year. this after winter storms hurt sales in january. those are some of the hot stories right now on foxbusiness.com. when we come back, how consumers got subway to change its tune or rather its bread. if you feel like the flight are getting canceled. you are probably right. why all the changes? we'll tell you. ♪

gerri: winter storm. cause the cancellation of nearly

40,000 flights in january alone. many are rescheduling flights more often. joining me now found enand president of airfare watch doug dog. it's tens of thousands of flights that are getting camed all the time. if you look at 2013, flights company canceled 81,265. they delay 1.1 million. >> it's amazing. mostly weather. in some cases it's airline con solation and the new rule that pilots have to have more rest between flights. it they are not prepared for that. pilots are going to be retiring in the next few years. we are going to see some more cancellations. i think the big story here is that some of the flights are being rescheduled far in advance of the day of travel. gerri: let's get to that in a second. you were talking about the reasons for all the cancellations. right. come on. all the airlines are consolidating. they're taxing out hubs all over the country. if you don't live in a major

east coast or west coast city you could see your cost of flying go through the roof. >> that's absolutely true. we learned that united is basically downgrading the cleveland hub. delta did the same thing with memphis last year. cincinnati and probably some other of these hubs that are no longer necessary thanks to consolidation. gerri: you are mentioning flights are canceled months in advance. i don't understand this. what is going on? why are they changing the schedule all the time? >> it's partly profit, jerry. they are hell belt on making a profit. they stick it out in the past and compete with the other airline. now there's less competition. they abandon the route. what is happening a lot of people are being stuck either having to buy a fare on another airline if there is another airline flying the route at the higher fare or having to

overnight say miami on the way back from the caribbean because of a schedule change. these aren't cancellations actually scrubbing flights from their schedule in order use their resources more profitably. gerri: as you said it's creating a domino effect for consumers. it's not just the extra hotel night and car additional day and maybe fees or fines for staying over and staying late. if $2.7 billion that's the change in cancellation fees they collected over the past year. you know, this is really the cost of doing business for somebody who travels all the time. you look at the fees you face and they're growing, growing, growing. what you paid for the ticket is the small proportion of the total cost; right? >> there's good news. we know that southwest doesn't charge a change for cancellation fee. if you cancel or challenge 60 days or more ahead of your origin nam travel date, there's

no change or cancellation fee. i think other airlines should adopt that. they are able to sell the seats if you cancel or change far in advance. sometimes at the higher fare than what you've paid. cannot see why they institute that system wide. gerri: there's a lot of things i would have them do, george. thank you. one of many on my list now. thank you for bricking it up. it's great to see you. one of the other issues facing airlines is tighter security and no place is tighter than the sochi airport. opening ceremony set for tomorrow night. with the privilege of hosting the game comes the not so welcome price tag. the olympics' financial disaster. number five, new york back in @%80 the coast -- the cost of hosting the games was much less, pardon me. new york state had to bail out the winner city after the games went 320% overbudget.

number four france. the host of the 1992 winter games went 135% over budget ending with a deficit of $57 million. number three montreal. the 1.5 games was just paid off in 2006. unbelievable. number two, japan. the cost of the games is hard to establish after scores of records were destroyed, it's estimated the city went 56% over budget in paying $11 billion for the games. the number one olympics financial disaster it had to be athens, greece. thing were so bad many credit the $6 billion plus debt to be the start of the financial collapse of the entire country. there's a lesson there. don't host the olympics. still to come, my two cents more. score another victory for the consumer as the petition forces subway to change the way it

bakes their bread. ♪ come sail away ♪

coming up subway removes a nasty chemical from

♪ gerri: subway says it will stop putting a chemical used in rubber mats in its bread. the fda said the chemical, which keeps the bread fresh, is safe to eat but banned in most of europe. let's bring in nutritionist kari. i'm going -- i'm going say this chemical name. it has so many syllables. you know it's a bad thing. -- oh! that's the only time i'm going to say it in the entire segment. >> it was great.

what is this chemical? >> it has been approved by the fda. it is also grass which means generally recognized as safe. it is -- gerri: not in europe, my friend. >> well, here in the u.s. it has been. it was approved to be used as a dough conditioner. gerri: what which is what? >> condition the dough. when you think of bread baked in the pan. it's typically used for many, many years. gerri: make it spongy and springy and nice mouth feel. >> correct. gerri: what is interesting is 60,000 people signed a petition on the web and now subway is saying we're getting rid of it. >> well, actually they've been working on this for well over a year. gerri: they didn't do it until the folks came out and saidlet get rid of it. >> i'm not sure. i don't work at the company. but as i understand it, they've been working on this for over a year. it takes time. when you reformulate a product where your consumer loves to eat, it takes time.

so it tastes same. gerri: you think they would have gotten rid of this if there wasn't any kind of petition in the public. >> since they've been working on it and complete to be complete in a couple of weeks, i do believe based on what i was reading about the company and they're trying to make their products healthier. i guess they looked at the ingredients again. and i don't know for sure there's one ingredient. gerri: regardless of subway's motivation. we don't know. we are guessing. here is what they said publicly. we are already in the process of removing said chemical as part of the bread improvement effort. they said they were ahead of the game. i believe that consumers are forcing big companies, and, i mean, big consumer companies to make changes to what they're doing with the petition. >> if that is what is happening. i think it's very positive. because then companies are listening to the consumers. that's what we want. we want our voices to be heard. >> the irony, of course, is that subway is eat fresh!

and now each fresh like a rubber mat. eat fresh like a yoga mat. not on a rubber mat when -- come on. the irony here is crazy. >> supposedly this is an additive that has been used for many years. by many manufacturers of bread. and now they're going remove it. so i think we should look at that it is a positive thing and that it's going to be out and we don't have to think about it when we're doing yoga. or eating. it's a positive move. gerri: my favorite is the tuna fish sub. now i have bigger questions. it they're happy having this particular chemical in the sandwich, what else might be there? >> they're working on improving all of their product. i think many companies are doing. i think we need to look at that. >> i didn't know you were a supporter of subway. thank you for coming on. we appreciate it. i'll be back with my two cents more answer to the question of the day.

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gerri: according to the wall street banks, more and more banks are doing away with checking. andrea writes to us and says that i'm senate with the banking industry and roy says enough is enough time to do it. we also asked a question on gerriwillis.com. 83% said yes, 17% said no. here are some of your e-mails. bill writes to us about obamacare. he said that single-payer would be the only thing worse for our country than what we have now. fewer doctors, doctors offices have huge lines. we need to go back where we were and leave the government out of bed. and she says i just paid eight bucks per gallon of mao.

someone send obama to the grocery store to buy his own food. and here is kurt from wisconsin. obama has no idea how to create jobs he is only interested in organizing the tendency to perpetuate his party. i love hearing from you. go to gerriwillis.com and finally tonight. i don't know about you, and i am fed up as a taxpayer with paying the tab for everyone ostrich night alone. we talked about the cost of education reform, obamacare, adding as much as 10 million in cost to say budgets. so maybe that is not going to happen. that is my "two cents more". coming up, we moved to 5:00 p.m. eastern time.

just in time for valentine's day. discover everything from financial advice from newlyweds to everything in between. we haven't covered and that is it for tonight "willis report." thank you for joining us and don't forget to dvr our show. lou: good evening, everyone. it is official. this will not be the year of action on immigration like the nation. the republican leadership today announced that after flirting with the idea of an the that the house of representatives will not take up the issue this year. speaker john boehner listened to his constituents on caucus and apparently took seriously the thoughts to his speakership. we'll have the story tonight and also the department of justice refusing a congressional request for the we doj investigator to appear before congress. among our