captioned by the national captioning institute --www.ncicap.org-- >> business news from m the capital region. this is "washington business report," with abc7 national correspondent rebecca cooper. >> thank you for joiningng us for a look a business and finance in the washington regioion, and one area in the news this week, prince george's county. we wilsit down with county executive rushern baker, but first we crossed the potomac where the race is in its final seat ands closely wated across t countntry. last week we spoke to former governor george allen. this week, democrat tim kaine on taxes, jobs, and how to grow the economy. >> thank you for joining us.

the same question that i asked senator george allen, an issue that weigh the minds of many -- automatic spending cuts tt are scheduled to take place in january. youut forthth a detailed proposal. tell us what that plan is. >> i will. we are only here because off congress not been able to work together. i put a plan on the table get rid of $1 trillion of cuts by doing e following. we have to make a decision about the bush tax cuts. they expire year-end. i would let them expire for over $500,00000 in income. we need compromise. making them permanent would bust the deficit whiter. let's find a compromise budget wider. but signed a compromise.

fix medicare. allow the federal g government to negotiate for prescriptions ther than accept the price is a pharmaceutical company chararges. that is what a business would do and it is what we do in the v.a. system. finally, we should not be giving tax subsidies to the big private oil companies. they made $130 billio in profit. i want them to be profitable. they do not need our help. if you did those things, now you need to find 230 billion in cuts over 10 years. secretary leon panetta said we could find cuts, but did n not tell us to save on the wrongng things rather than the rit things. targeted savingsgs isomething we know how to do. there is a three-step plan that

gets us to a reasonable m mode. each of those elements represent a compromise. >> you have that critics, including economists, that say any tax hike, whether it is not higher income or not, are bad for the economy in a slow recovery mode. >> i was a governonor in one of the most business friendly states in america in the worst recession in 75 years. letting the tax cuts expire over $500,000, and go back to the rates that when we last had done the economy was booming, it will not hurt the economy. maintaining tax cuts for middldle- class people is important so they can spend in a way that would drive demand and continue to help us grow. but in the tax cuts expire at the top end will not hurt the economy. and, we are losing subsidies to

oil compans? that will not hurt them at all. they do not need corporate welfare from the federal taxpayer. >> the other big criticism -- many in our audiencee are small business owners, and many would fall into a tax bracket that would be considered as an earned over $500,000. how do you protect small businesses? >> i am passionate aut small businesses. my father ran a manufacturing busineness tt we all worked in. i am mindful of small business. i think movingng the threshold from 50 -- twitter $50,000 to $500,000 makes sense. if we're going to fix our deficit, everybody will have to be on the table sacrificing something. if you are making spending cuts, they are likely to have the greatest effect on lower and

middle class people we need to have tax reform that puts folks at the upper to the toll on the table as well. there is not a solution that does not involved sacrifice. i just want to make sure it is to be shared sacrifice. >> let's look at one thing that has become popular. i think it is a good thing. fact-checking. when someone is given the lowest rate for advertising, you get a pants on fire. you have not gotten a pants on fire governor, but you were given a mostly false for an advertisement claiming the tax burden was lowering in your turn on virginia family -- families. they say you parsed individual statistics, and the revenue was shrinking because the economy was shrinking, and they point ouyou propose a tax hike. how do youou respond? >> it was not in our advevertisement. it was a statement in a debate.

but they said it is my facacts were are -- accurate but they needed more context. we have a lower tax burden in terms of what virginia residents were paying as a percentage of state and local taxes when i was governor compared to when george allen was. just like unemployment, we were better than other states when i was governor. i gogovevern in a tough time. it was in the midst of the worst recession since the 1930's. in that time, i did keep taxes low. i brokered the deal to give the the the state tax and took tens of thousands of low-income virginians off of the tax rolls. i think our economy would be stronger and the state financially if we were investing more in infrastructure, and one of the things i have been interested in, when i was

goveor virginia was ranked repeated the most business- friendly in the nation, and we are slipping because they do not think virginia is investing in infrastructure we need. if we need to invest in order to create jobs and drive the economy forward and infrastructure -- airports ports, those are perfect investments to make. i going to continue to do what i think is right for the country. one of the things that i would really like to see happen is i think finding this compromise on the bush tax cuts is very important. if the president and democrats let them expire over 250 republicans wi not say you are right. we will do what you say.

we have to have a compromise. both sides test a version of the bill on the tax cuts with full knowledge the other house would to enter a building nothing. the time for showboats and non- negotiable positions are over. with the fiscal quit sequestration and oth challenges, you have to find compromises and put people in the nate that know how to do it. >> governor came -- kaine ththank you for joining us. ouour thanks to governor tim kaine for ining us. yoyou can watch both videosn o our web site,. stay with us. growth plans for prince george's county. county executive rushern baker ♪

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it is not rushern baker you're abouout toto see on televisision. wewelcome to the world of television. rurushern baker was stotopped in traffic. we had guests that we plan to save f thanksgiving, but instead you get them today. welce to two on turnovers making a name e -- entrepreneurs making a name for themselves. welcome. talk about what you're doing that is getting p press nationwide. it started in california. dry bar. why iit so ccessful? >> no cuts, no color. >> people come in with white hair, and you are paid ney to blow dry. >> we prefer to wash it, we blow itut and style it, and she is in and out in 45 minutes.

>> you had a big job before this idea tell us at you did before and why you saw v value? >> i have to augment the -- admit i thoht she was crazy. >> you were just quoted d in an "wall streett journal" article that male executis with no hair are seen as more successful. that is not the case for females. >> i really did not get it. i lent her the money and it cost beyoyond our wildest imagination. i realize my sister was onto someing. we opened up dry bar. >> congratulations. i have to refer to ed ryan, who has perfect hair, but he was a guest, and hehe couldot derstand the. he said i could get my hairut and blow drie why wld women do this for the

same price? >> most get their hair cuts every six-to-eight weeks. a lot of our clients come in once a week and they feel and look amazing. it iss something they cannot do for themselves. theyre coming into us just to get their hair blown o out. you do not need a hair cut every week, but t you get a style that is red carpepet, look lik1 million box. > "entrepreneur magazine" dia great profile of both of you and they made the case that they man with a loadd -- hear from dry bar cod w walk taller. this is answerhe argumentt thatt women with the right of parents could be more powerful in the business world -- women with a right power could be momore powerful in the business world?

>> it is transformational. she is all business, leaves, and there is this moment where she is giggling. many of our clients have been tested but one wanted to invest and we sat down and she really explained why she comes in so often. she e saidid it is not because of the way y i look, b but the way i feel. we realized -- a light bulb went off ththat it s the confidence, nonot much just the way it made them look. >> you rlly know how to cater to the washington woman. i have not been there, but it even has special places for your ipad. >> custor service is reallyy important to us. we want them to feel takaken c care of and pampered. we have iphone chargers, you can watch check flicks, really fun

movies. they are sitting at a bar. they fl like they can get their work donone, too. many arere working on their ipad. is that custor experience takingn -- >> this is a fununny story maria shrer used to come to the shop alall of the time and always had aunch of work w with her. she comes in, twowo iphes, gets caught up in a movie. >> i knew where that was going. happens to me all the time. >> she came in, lifteted it up, and i i think "sex in the city was playing -- sex in the city" was playing. >> i gott. i want to ask about the biggest lesson you have learned.

let's take a quick break and we will be ght back. first, o hot minute. >> training governmt and contract work forces was prominent in the media with the proclamation of october as national security -- cyber security awareness month. 11 tips were issued on building a better prepared workforce. the recommendations included creating a dedicateded server security career path and proven opportunities for veterans. federal news radio reports said the relatively new cyber security work force framework developed by 20 different agencies is having a significant impact on defining and prepari a better trained work force. "the wall street journal" reports on what raytheon is doing to prepare its own worork forc finally, new research put

statistics to the public sector workforce usage of srtphone r businessse, and the concerns they had about security. ease go to wjl [ male announcer ] this commercial is not about getting fios. it's about getting os. that moment after you nally got it that you actually get it. when you see up close the difference 100% fiber optics really makes and you say to yourself "whoa...we are not on cable anymore." when you can see blades of artificial grass in their full glory you get it. or the first time you download

a 2-hour movie in 2 minutes, you get it. when you say i way nt it installed saturday at 9:30... ...and they showed up at 9:30. [ male announcer ] bingo! you get it. this family gets it. this building gets it. this stadium gets it. this guy does not get it. and he is so bummed... but don't take our word for it... ask a friend, ask a neighbor, or anyone else who's got it. i got it en you could dvr a television show from a cab which i think is nuts! [ male announcer ] and see why millions have already swedched to fios. there's never been a better time to get it. get our best price online guaranteed for a year, call the verizon center with no annual contract. for customers with disabilities at 800-974-6006 tty/v. once you've got it, you get it.

we are back with abc7 a and michael. you used to offer clan-toto-clieient in your car. now you are nationwid what is one lesson you have learned? >> well, it is about the people and the quality of the blowow outs and ihink we hav almost 1000 emploloyees.. there are a lot of stylists to be trained. it is a lot of work. if you get the right infrastructure in place and hire the right people- >> when i got hired, , i did not knknow what i was doingng but d you already have some eect as thee perfect blowout, that does not have thee personality, or

meon that has the personality but not the skill? >> they have to have the right personality, be really nice. highly said the blocks have to be fantastic but the -- i ve always said the gloves need to be fantaic but customer servrvice, better. [laughter] >> if only. michael, some the lessons you learned? >> the two biggest thingngs are hiring out of the curve. we opened the first nine locations with sheer muscle, not knowing what we're doing. we broughtht on a seasoned executive. it was hard to pay for the salary bore we really needed it, but we knew we did not need to do it. higher ahead of the curve. the second part was rsing money. it was eye-openi to see

private equity guys interested inin i investiting, and to navigate that world he made another tough decision, with an investment bank th ran a a form pross. it w was night and day difference. we w were able to pick a quality partrtner and raise $60 mlion from private e equity. that really y brings a lot of value to the table. had we not taken the time to go throughh that formal process, we would not have the right partner we have today. >> what is the final goal? world domination? >> world domination. alli webb, micichael landau, thank you for joining us. our number of the week after the break.

i got it en my internet here was faster an at my office. [ man ] i got it when i uploaded a gigabyte of photos. i literally wanted to say "did you see that?" [ male

announcer ] when people switch from cable to verizon fios, there comes a moment when they get it. the difference 100% fibpter optics makes. when i saw that picture i really got it. i can enjoy the game better at home than going to the stadium. i got it when our apartment became the apartment. [ male announcer ] there's never been a better time to get it. get our best price online guaranteed for a year wwith no annual contract. call t verizontcenter once you've got it for customers with disabilities at 800-974-6006 tty/v. you get it. as you will need an expense account to take advantage of our number this week, $5,000. it is a partyweet package at the mayflower renaissance hotel.. that $5,000 will buy you an election-size sweweet, and dedidicated for a party, and when everything in washington wants,

a political swag bag. your personal buet is in a state of sequestration, there are humble packages starting at 224 and night, but if you want to go big, check out the w hotel, whington, for $200,000 on inauguration night. thank you for spendi your time with us tay f for "shington busisiness report." we hope to see you next week. check out all of our shows and type in ashington siness report." thankou for joining us. i am rebecca cooper. man: to some people, social serity is just a number. but to me, it's money that i earned. i count on

social security. ani don't want washington politicians like george allen... privatizing it. if george allen wants to risk his own money on wall street... that's fine. but i don't want him risking mine. george allen just isn't watching for us. anncr: the democratic senatorial campaign committee is... responsible for the coent of this advertising. ♪ ♪ ♪ ♪

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