what might happen this weekend. next comes "the willis report." gerri: hello everyone, i am gerri willis and this is the willis to work to show where consumers are our business. and another big government program. free college. >> free for everyone who is willing to work for it. gerri: the president says it's free, but guess who is willing to pay for it. we are breaking down this proposal. in a violent day in paris. french police and terrorists clashed in a bloody battle. hostages are killed in the prime suspect in the terror attack are now dead found dead are said kouachi and cherif kouachi. gerri: gas prices less than $2 per gallon in much of the country, but now lawmakers even

some republicans, want a federal gas tax for the first time in >> if there is ever going to be an opportunity to raise the gas tax, the time when oil prices are so low now is the time to do it. gerri: also the jobs report. unemployment dropped to 6.5 year low grade when will folks start getting a pay raise? we will have answers. and the hot troublespots for 2015. we have your ultimate guide to the best deals and destinations inside the u.s. and beyond. coming up next where consumers are our business. gerri: the president today wrapping up the final day of his national tour. he announced another giveaway of your taxpayer dollars. free community college. getting to the outrage tonight with david he media and

business professor at george washington university and steve moore at the heritage foundation and the senior vice president of publishing at the princeton review, take you for joining us. the president basically says that if you can maintain a 2.5 gpa at a community college that is if you can do this, you can get two years of free college. i started thinking about this when i heard this this morning. who is going to benefit from this? where does this proposal come from? >> of course community colleges benefit because the supply of students might go up. but there are states across the country that already have this type of incentive, like tennessee, where the president made the announcement today and it's not clear that the students are actually benefiting from lower tuition costs. gerri: i have to tell you that apparently this organization of community colleges pitched this very idea down to the last

period. it comes sort of from the industry. this is what they want. i am sure that this is really going to appeal to middle america, but come on you are repurchasing someone's suggestion. i am all about the taxpayer dollars this week. the president, he was in detroit and he was saying that the bailout of the auto industry was $80 billion, now we have it back up in the housing industry and now this. , what is this going to cost? >> there is no such thing as a free lunch is the famous saying but there is no such thing as free community college. someone has to pay for it. i am a big fan of community colleges and i think that a lot of them do a fantastic job up are. people for the work force with a lot of needed skills. the idea of making it free -- just doesn't appeal to me at all and here is why. what we have seen in so many instances with all of the student loans and grants and all

the aid that we provide the colleges, basically what you colleges do when you give them more free aid and scholarship? biggest raise the tuition. gerri: they raise the tuition. >> that is what is going to happen here. gerri: i think you are absolutely right. we need to put a floor and it will only go up and up. you say, if you earn expert on education, you say that this could be theoretically a good idea. why is that? >> i think the whole idea of making college more accessible, 9 million students could profit from this, it's a great exercise. but as you answered a question about who is going to pay for it, it's a question that students and parents are asking as well. sitting down looking at college costs and we talked about her going up and up trade-in than trade and then we have a little bit of salvation here whether it will pass or not who knows, but it adds to that the discussion and brings it to the table right

now. gerri: david, is that you? >> i just want to make a quick point that it's never really worked. what has happened is that tuition rises and college hasn't become more affordable to people. by the way, i want to make another point that i think it is an orton for families and students to have some skin in the game. but they will get more out of it than just a free good. gerri: that is where i was going to go next which is if you don't pay for it and you only have to have a 2.5 gpa why would you work hard two even today people that go through and get a four year degree employers are complaining that these people don't know anything and that they are not repaired for the work force. >> if something is for you almost value in it nothing. the average tuition -- and i have seen it in community colleges, it is $10.41 per day for the average tuition to go to a community college. and that is two copies that you

don't have at starbucks. in order to get education and then gain between 2000 and $4000 per year extra in the work ways. gerri: i think that there are lots of schools in this category that are doing a great job. for example they tailor their curriculums to what employers need and they get kids on track to get a job and make money and it's great stuff. but they have always sort of been a second-class citizen and rob, even you guys are reviewing these schools. so doesn't that dashwood and that further push down the way that they are regarded in society? oh, that's the free school, don't hire him come here into the free school. wouldn't we think about it differently? >> i hope that we do, we have been writing this for many years, except through this channel, thinking about the associates degree, leading it to the bachelor's degree.

gerri: people are already doing two years at a community college as a way of getting into a four year institution. why do we need the government involved? >> i think that it will provide better access. thinking about the mentally dollars that exist right now telegrams, $5700 maximum pell grants, state aid, tuition tax credits for students and families, there are great things to cover us. gerri: i will contact you get back you on pell grants in a minute. but i want to ask steve how is the president going to pull this off? they're talking about $3000 per year. this is an executive order? do they go to congress? >> i wouldn't put it past them to try to do it with the executive can. because he does everything that way. but i think that he will need congressional approval because this will be a massive expenditure of taxpayer dollars and i think that i don't see a republican congress saying yes, let's give everyone college

free. i think i've told you this before, my oldest son goes to northwestern, $58,000 per year. and the cost of these universities is the biggest scam in america. the problem is that what i would like president obama to face is start looking under the hood, demanding accountability at these universities see how they are spending the money that is what no one in the ivory towers one. they are terrified of that. gerri: i agree with that. >> quickly this is the fourth time that president obama has pushed some version of free tuition for community colleges, bipartisan congress turned his first four years, this is going to be pretty much dead on arrival. gerri: okay, guys, thank you so much. you guys are all a great complement and thank you for being on the show have a great weekend. of course we want to know what you think. should taxpayers send kids to college for free? should that happen?

i don't know. log onto gerriwillis.com and vote on the right-hand side of the screen and i will share the results at the end of the show. and we have the latest out of the city of terrorists, the death toll stands at 17. plus consumers getting a break on gas, but now congress wants to pay for the action and lawmakers including republicans are pushing to raise the federal gas tax. let us know what you think. send me a tweet or send us an e-mail from our website at gerriwillis.com. we will be right back. these ally bank ira cds really do sound like a sure thing but i'm a bit skeptical of sure things. why's that? look what daddy's got...

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guy benson is here with us, political editor of townhall.com. so how many breaks as the american consumer got over the last two years? i only count one and that is the price of gas. and they want to take this away from us. what is your take on it? >> i'm just mystified by this. i have to say herriot low and you are right, this is finally a break, everyone feels that it hits them in the wallet immediately. washington swearing in a brand-new republican congress, people saying maybe we ought to raise taxes because these gas prices have gotten so low that we can get away with it and pay for some spending down the road. i understand policy arguments on both sides, charles krauthammer arguing, saying that the gas tax should be raised a lot higher than what they are proposing here in washington on the hill.

and then it should be offset elsewhere, they say. but no i cannot have got my head around it. gerri: lets to shame them all, the operative phrase is to leave the door open for the tax increase. that is what james van hoch had to say. saying that i don't think we should take anything off the table at this point. bob corker in tennessee also a republican said that it's time for congress to hike the federal gas tax. mike in wyoming and orrin hatch. what the heck is going on here? tell me, is this the new spirit of benevolence between the party in washington? it seems to be going one way. gerri:. >> there are pretty strong conservatives on all fronts. let me stipulate that i know

that if we are going to go down the road of comprehensive tax reform which i think we need to do, simplification making it flatter and simpler, i am for that. in order to get democrats to go along with it and to have a prayer of it being signed by president obama, you must leave some things on the table for closing loopholes and that sort of thing and i am for that. but in this case that's not what they are talking about in terms of my understanding. they are talking about needing to raise the gas tax in order to pay for this highway fund and saying that this is a way and a political viable way of doing that avenue. just to make the point what on earth are republicans thinking? this is what week -- record numbers of republicans to push back against the obama and democratic agenda and here we are talking about raising taxes on a bipartisan basis. the democratic proposal. i mean -- i am at a loss. gerri: i am at a loss as well.

the federal gas tax -- there has been all kinds of talk not just in washington but in some statehouses and legislatures where they say things like what we should really do is index it to inflation. so what a dangerous thought that is. you think that that is a possibility? >> any of these things are possible. the fact that they are talking about it out loud shows that it's a possibility and i think it's a wrongheaded decision. they also talk about how it is sort of a theme we have heard this from some guys, that it's a consumption and not a tax, which means nothing to the average person in america. and let's not forget that the gas tax in particular is a progressive tax and the people who benefit most from the price of gasoline are working class people who have been forking over huge amounts of money to

fuel up cars and try to tax those people more. it's a bad idea bad politics and policy, all due respect to these gentlemen and to the esteemed charles krauthammer with whom i rarely disagree. gerri: my favorite word of the day is bound to us. we don't hear a lot. have a great weekend. >> you as well. gerri: not only the price of gas, but heating costs are lower, giving consumers relief as the temperatures plunge. and how the ladies and gentlemen of fox business and fox news are keeping warm. i showed you last night but take a quick look at some more. >> i can't wear a snowmobile suit in new york city. so this is what i call my snowmobile suit. >> i love it. take a look at this. [laughter] >> that's all she's got. >> i love this.

>> it's necessary. >> do yourself a favor get dressed indoors, then you can go out into the vortex after you get comfy. >> staying fully dressed until i have to go on air. i have two sweatshirts on underneath pants and thermal socks. i'm not taking the gloves off until i have to be on neil cavuto -- i'm going to give myself 30 seconds to change in two minutes to run down there and this is staying on. gerri: if you want to see more of how the men and women of fox are bundling up in this ridiculous weather, go to gerriwillis.com and my twitter page at gerri willis fbn. we have it all they are also on facebook. check it out. later in the show the later on

the terror rampage gripping paris today. new concerns about u.s. security and more than a quarter million jobs were added in december but wages went down. when will we be getting that

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the way once again one of the higher-paying categories. adding a higher paying jobs and also a nice upward adjustment for november and october. so that is the good news. gerri: i'm going to pick a nit with you. those numbers were bumped up 353,000, december doesn't hold a candle to that and worse than that the wages are down. that is what is surprising to me and i will tell you because in november we got an increase in wages. what is your view of what is going on out there? at first glance wall street was thrilled with these numbers. they saw the jobless rate and then they peeled back the pages and got a closer look and i think that they thought it was worse than i thought. >> the reason it went down in december has a lot to do with there are a lot of temporary jobs in the holiday season. many of which jobs tend to be

entry-level or low-paying jobs. when you look at a year-over-year basis which gives us good reason as to what is happening, the results they are are pretty troubling because the average wages are up just 1.7%. in the last 12 months. that is why the american consumer is in spending. gerri: you have got great numbers on this from your own survey and what you say is that americans are just one paycheck away from living on the street. what did you find out? >> you and i talked about it on the show many times before that savings is a sore spot for americans in terms of their financial security and comfort level, things like stagnant income have kept people from moving the needle. what we find is that people don't have enough emergency savings to cover six months or even three months of expenses.

what we are finding is troubling numbers of americans don't have enough to cover an unplanned expense where there is a thousand dollar emergency visit, car repairs they are living close to the edge. gerri: we had an economist who said one in six men of working age are not working. think about that. that is a large proportion of men sitting on the couch waiting for a handout from somebody. not gainfully employed. so i think you know intellectually what that does to people if they are not engaged in doing something all the time. >> absolutely. from an economic standpoint we are missing out on opportunity. when we look at the reason we get a slow growth economy with economic recovery, that is part of it. those that are not participating in the labor force were drawing a paycheck, they are also

inhibiting in terms of spending power as well. and it's a vicious circle in some ways good in other ways bad. gerri: you bring that up labor force participation rate and we have been watching that her at fox business and it is down right proportions of americans working in the work force and working, declining by two tenths of a percent. we have to go back 40 years to find numbers that are similar to that. millennial they have the last word on everything. here's what they said. they were asked if you don't get a raise, what are you going to do. they say they are going to quit. 35% said that they will look for a new job if they don't get a raise next year. do you think that they will be successful? >> when you see the type of job growth numbers, there are plenty of opportunities out there for them. gerri: thank you for coming on the show and it's good to see you. >> thank you. gerri: coming up some of the best advice of "the willis report" has to offer and french

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>> gerri: did a moment to roundup of the best advice now some of the big stories authorities in france bringing to an end as a hostage standoff killing three terrorists including the two brothers suspected in the wednesday magazine attack. they came out of their hold up with guns blazing and were killed in a shootout. a hostage was freed is safely then another terrorist was killed in a grocer's store in paris along with for hostages. there is a least one terrorist still on the run tonight. we will have more on this in a moment to including concern over u.s. security. the house overwhelmingly passing a bill authorizing the keystone pipeli