former cbo director, douglas holtz-eakin, next. u: the unemployment rate dropping and dramatically. the jobs picture, however, is still stagnant. former cbo director, douglas holtz-eakin, joins us here in just moments to explain all of this and to give us a perspective on the economy going forward. on wall street, stocks finished the nasdaq down about 13 points. for the week, both the dow and s&p up 1% while the nasdaq posted a fractional gain. as i reported, the september unemployment report did come in at 7.8%, down from 8.2%, 114,000 jobs, 10,000 of them government jobs. unemployment is 15% with 23 million americans still unemployed, under employed, or having simply given up looking for work. crude oil dropping again on concerns of slow economic growth. crude oil down a dollar 83 under $90 a barrel. for california, prices statewide for gasoline are $4.99 a station, and some stations charges $6 a gallon. others shut down because of gasoline shortages. nationally, the price of a gallon is now $3.79. good news, however, exxon report

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former cbo director, douglas holtz-eakin, next. ve lately. because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. lou: the unemployment rate dropping and dramatically. the jobs picture, however, is still stagnant. former cbo director, douglas holtz-eakin, joins us here in just moments to explain all of this and to give us a perspective on the economy going forward. on wall street, stocks finished the nasdaq down about 13 points. for the week, both the dow and s&p up 1% while the nasdaq posted a f

former cbo director, douglas holtz-eakin, next.se fellas used capital one venture miles for a golf getaway. double miles you can actually use... but mr. single miles can't join his friends because he's getting hit with blackouts. shame on you. now he's stuck in a miniature nightmare. oh, thank you. but, with e capital one venture card... you can fly any airline, any flight, any time. double miles you can actually use. what's in your wallet? alec jr? it was a gift. lou: the unemployment rate dropping and dramatically. the jobs picture, however, is still stagnant. former cbo director, douglas holtz-eakin, joins us here in just moments to explain all of this and to give us a perspective on the economy going forward. on wall street, stocks finished the nasdaq down about 13 points. for the week, both the dow and s&p up 1% while the nasdaq posted a fractional gain. as i reported, the september unemployment report did come in at 7.8%, down from 8.2%, 114,000 jobs, 10,000 of them government jobs. unemployment is 15% with 23 million america

lou: douglas holtz-eakin, good to talk with you, thanks. >> thank you, lou. obamacare rant went viral. 2 million folks got engaged. the illinois state candidate joins us heres. i was always interrupting my teammates. earlier in my career, my coach approached me. he said, "i think that, you know, sometimes i don't feel like you're focused." so the next day, i went and saw a doctor. it was my adhd. like many kids with adhd, i didn't outgrow it. if you were diagnosed with adhd as a kid, you might still have it. find out more. take a quiz at ownitquiz.com to help recognize the symptoms. then talk with your doctor. it's your adhd. own it. mortgage. married. two great kids. he wants to protect his family with a $500,000 term life insurance policy. what do you think it'll cost him? a hundred dollars a month? sixty? forty? actually none of the above. john can get a $500,000 policy -from a highly rated insurer - for under $25 a month. his secret? selectquote. selectquote is impartial. they'll search the pick of insurers like these to give you a choice of your best pri

lou: douglas holtz-eakin, good to talk with you, thanks. >> thank you, lou.: up next, a remarkable woman who is obamacare rant went viral. 2 million folks got engaged. the illinois state candidate joins us here think 10 or 20 pounds of extra weight isn't much? we went to a park and we handed people 10- and 20-pound sandbags. here's what happened. i just truly feel winded. i can feel it in my back. i didn't realize what extra weight on the body feels like. oh, i definitely felt it in my knees. you can easily put 2, 3, 4, or 5 pounds on in a year. woman: 10 pounds makes a big difference. no one liked carrying the extra weight, but people do it all the time. wouldn't you like to drop that weight and stop picking up more? man: i think this is a lifechanger for me. . you know, i often say, look at me, i am nobody's puppet and nobody owns me. i can just do the right thing. i believe that the time has come, i am a national team in this country was founded on entrepreneurship and the less government and so, we need people to vote their conscience and vote right becau

we'll talk to douglas holtz-eakin on the budget deficit.e will give us some insight and analysis how it all works into the election next hour. friday trading session still underway. we'll see you in the next hour. keep it here on fox business. [ le announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save you up to thousands of llars in out-of-pocket costs. call today to request a free decision guide to help you better understand what medicare is all about. and which aarp medicare supplement plan works best for you. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choo

stuart: douglas holtz-eakin. thank you. >> what do you make of that.u were bursting. charles: i agree with him. i think he was being too niles. i saw a lot of red flags in this report. 104,000 private sector jobs versus 215 the same period. 600,000 increase in part-time and 16,000 jobs lost in manufacturing another month in a row manufacturing jobs are fading, to me they're all red flags. 1.3% gdp you add it up we're moving backward not forward. >> he made a great point the household survey how they gom to 873,000 new jobs added. charles: i'm saying that my hunch is that they asked the question differently, that's all. stuart: well, now. charles: i think they asked the question differently. stuart: i don't believe they cooked the book, i think it's oh, so convenient the number 873,000. charles: maybe cooking the books is a harsh term, but i think they found a way to manipulate the numbers not necessarily by shenanigans, but asking the question differently from the three previous months. and it's just a hunch. stuart: statistics, to be statistically via

douglas holtz-eakin will be here to tell us what this means for the election. connell: over the weekend, the super sonic skydive. this guy is crazy. everybody talking about it on the internet. big pay off for advertisers who were betting on this guy jumping from whatever it was, 24 miles up. dagen: is it wrong to say i really didn't care? connell: um, no. dagen: i just didn't. connell: even though it is sponsored by red bull, unlike you. let's look at some winners in the s&p 500 today. market is up and so are the stocks. never mind -- i was going to suggest -- no i'm not going to suggest that you jump from -- dagen: off a cliff. connell: no not that. dagen: 56 million seniors, many of them voters have just found out how little they will get as a cost of living adjustment next year. this economy dependent on the consumer and who is spending money. just got a shot in the arm in today's retail sales numbers from one thing. we will tell you what it is. and that skydiver who made the record jump over the weekend, also scoring big-time for advertisers. it's the botto

chicago proper professor charles lipscomb and former director of the congressional budget office, douglas holtz-eakin. thanks to you both for joining us. doug, what do you think of those pictures? >> i think this is a reminder that greeks have not done the hard reforms they need to be successful. to be successful in the bad growth, big debt environment they have to cut government employment and reduce transfer programs. they have done very little of that. they were supposed to cut 30,000 jobs. they cut 1,000. they lost another nine from attrition. their entitlement reforms are not too dramatic. they have the retirement age up to 62. it is 67 in germany. angela merkel is there to remind them they have a lot of work to do. melissa: charles, what do you think of those pictures? >> well, they're the, european equivalent of burning an american flag, right? they're dressing up to in order to insult --. melissa: at least. >> in order to insult the germans. what doug says is absolutely right about how, how much austerity still has to go in greece. but it is also worth remembering that over the last three yea

former congressional budget office director douglas holtz-eakin and other economists look at the issue. our live coverage from the urban institute here in washington, d.c. starts at noon eastern. >> every generation through our history has worked and sacrificed to leave a better country to their children and grandchildren and future generations. we, we were then spending their money, we are now even more, much more, spending their money, and we are leaving them a mess that will be a very difficult to deal with, and if we are that weak, just think of who wants to come here first and take us over. now, the last thing i ever want to see is to see our country taken over because we're so financially weak we can't do anything. >> uh-huh. >> and we're moving in that direction. we're on the edge of the cliff, and we have got to start fixing it now, otherwise we're leaving a disaster to our children and grandchildren in the future, and we could even lose our country. >> ross perot, interviewed by "usa today"'s richard wol on the economy, the deficit and debt and how it's changed since he ran fo

speakers include douglas holtz-eakin.hat will be live here on c-span2 starting again at 12 in eastern. >> a look now at campaign spending and political ads in the presidential election. from the annenberg public policy center at the university of pennsylvania, this is about 45 minutes. >> i am the editorial communications director at the center for responsive politics, and we are here to talk about the challenges posted journals by dark money and their mysterious donors. erika fowler is joining me on the panel. she is from the west the medium project achieves an assistant professor of government at western university. director of the media project which tracks and analyzes all political ads aired on broadcast television in real-time during elections. she specialized in political communication and she'll be talking about some of the ads we are seeing outside groups and the nature of them. i'll go and talk, go on and talk a little bit more about what we are seeing in the nature of third party ads, third party dark money or

douglas holtz-eakin is president of the american action forum and headed the domestic policy staff in the campaign ad was the director of the congressional budget office. donald marron is the director of the tax policy center and member of george bush's advisor and acting director of cbo and finally, digamma rogers blogs as an economist and was the chief economist of the house budget committee for the democratic staff of the house ways and means committee. the format today will be relatively straightforward. each of the panelists will speak for five minutes. i will ask some questions and we will get a discussion going up here and then turn to the audience to give you all a chance to ask questions. we have people watching on c-span and on the web. if you are not in the room and have questions, please send them to publicaffairs@urban.org and the questions will come to me. let's start. >> thanks everybody for being here and for braving the rain to talk about the fiscal cliff and we will try not to ruin your lunch. as howard mengin we put out a report yesterday about the tax components of