you have the betsy johnson project which will smooth some final salaries that are going to be paid out. yet the idea that public employee -- you don't have to do an immediate 6% exchange. you can say some of the wages going for could be contributed. we need to come up with a defined contribution plan for future employees so that the future doesn't have to deal with this. those are the realistic ways we can address the problem, hoping for higher investment yields is a foolish chase. you can get market return to may be better that's 3% going forward over the next five or ten years per that's not enough. >> and to follow up doctor pierce, what you're talking about is reducing the benefit for future state employees. do you think that would perhaps affect employee's wanting to work for the state? >> what i would say is we have a very generous medical plan. we have a very generous retirement plan and we have our salaries which are good. i'm saying unfortunately because of the deficit in the system the current employees who are working some of the future increases are going to have to instead

you have the betsy johnson cannot package which will smooth some of the final salaries that are going to be paid out. you have the idea that public employees in the systems, the vast majority, that's going forward. you don't have to do an immediate six percent exchange, you can say some of the wages and salary benefits can be contributed. we need to come up with a defined contribution plan for future employees so that the future doesn't have to deal with this. and those are the realistic ways we can address. i'm hoping for higher investment yields is a fool chase and you're going to get moderate returns and maybe a little bit better and that's three percent going forward over the next five or 10 years and that's not enough. >> to follow up quickly, what you're talking about is reducing the benefits for future state employees area you think that would perhaps affect employees wanting to work for the state? >> what i would say is this, we have a very generous medical plan. we have a generous retirement plan here, and then we have our salaries which are good and i'm saying that unfortuna

michelle reed and her husband former guard kevin johnson and mayor sacramento. and betsy another education activists. >> the president a luxe sun will be the first boy to live in the white house since jfk junior and it will be a few more months before he gets there. baron will be staying in new york with his mom until the school year ends. the family lives at trump tower which -- and security has been tightened >>> election officials now one week from today and that would make the results official. katie -- one of the closest riches -- races, pop -- prop 205 failed by about 67,000 votes. >> some democrats are asking president obama to pardon more than 750,000 undocumented young immigrants brought into the country by their parents. the fear is they won't have protection that they've enjoyed in the proposal is drawing >> it's a hail mary shot at the last hour and it should not happen. when you are talking a pardon it was never intended to act in this capacity. >> this year is likely a moot point. white house official saying presidential power cannot give legal status to und

johnson, a former four-time nba all-star and presently the mayor of sacramento, california. that meeting lasted about a half hour. after rhee, another possible education secretary, betsy deb boss. we're getting a better idea how these things are orchestrated. it's very regulated. one candidate leaves, a blazer shows up, another candidate arrives. mr. trump and mr. pence stand in the doorway. most recently the one we saw in was marine core general james mattis, potential secretary of defense. that looks very, very likely indeed. one final point, we asked mr. trump as he stood out front, does he expect anymore announcements. the word for him was, we'll see. it could happen. i think it just happened with my revealing general mattis' fate. back to you. >> doug, thank you very much. julie? >> meantime, congressional democrats expressing serious concerns with president-elect trump's administration picks so far. steve bannon in particular, senator jeff sessions, congressman mike pompeo and retired general mike flynn are all figures shrouded in controversy. kristin fisher is live in washington with more. >> reporter: democrats are having a hard time with all those picks becau