could double next year without pension reform. >> rahm emanual, you have to go. if you vote to change our pensions, you are going to be gone. >> about $1 billion in pension payments are due in 2015 that. could lead to huge property tax increases, slash city services and cuts to city worker benefits. >> just lean on it. you only need like 100 feet. >> chicago firefighters are among the city workers caught in the cross hairs of the pension crisis. >> let that burn up a bit and we will hit it again when it burns through a little. >> fire captain joel burns is 50 years old and spent 25 years on the job. now he is five years away from retirement. >> when you are young you are not thinking of your pension. the old timers worry about the pension there was more of a guarantee. you just assumed the pension was going to be there. >> you have a fire up in a bow string there. i showed up for work every day. i expect that that's going to be honored, their end of the bargain. if that wasn't, at this late stage of the game i would consider that a betrayal absolutely. i would be

. >> mayor rahm emanual. >> i want to hear about chicago now. it is oh, don't go to chicago. the violence is unbelievable. tell us why people say that. >> first of all, they are watching cbs and you late at night. no, it is on the way down. >> the number one thing the mayor doesn't want to talk about on national tv. >> good to see you, mr. mayor. >> is it frustrating when you get to the national stage and you are on the david letterman show and one of the first questions is what about all of the violence in chicago? >> chicago has a great reputation as a great city. we are an architectural, culinary and theater capital and people will see the progress we are making of taking a problem and starting to solve it. i want to see it faster. i know that is not a surprise to some of you. i want to see it yesterday. i want to see it more. i don't want to make the phone calls to the individual grandmothers and mothers that i have to make anymore. i don't want to do that. >> the mayor relies on his top cop to get results and one of garry mccarthy's big crusades is his call for mandatory

chicago's fiery mayor, rahm emanu emanuel, agrees, but is he all wet when it comes to education in theity? my candid conversation with rahm emanuel, next. >>> chicago mayor rahm iman eem wants to talk, chicago. chicago. shiny new space, motorola, in the shiny new building. a job of the future, does rahm emanuel think a longer school day is the crucial place to start? >> what city fought for the longer day? what city succeeded largest increase in school time not only during the year, but also towards, two weeks towards the end and the reason i was nutty enough to jump in the lake is because we have this thing calmed the summer of learning and the kids in the city of chicago, $2 million in the summer. that's why i jumped in the lake. i challenged them, and they did it. >> some sap the quality education, good enough to have them their longer, it's got to be enrichment, other stuff? >> through the longer day, we pick between math and music. we don't pick. between arts and arithmetic. our kids get art and arithmetic. i won't put words in scott's mouth, i'm sure what they look for is not jus

. $11.49 for emanual razor but $12.59 for a battery powered version.s from cut price rivals, you told us about the dollar's a club, it got its name offering u.s. chef shaving experience for $1 a month. some strong views about competitors, listen. >> you think your raising needs a flashlight, back scratcher and son blade? my grandfather has one blade. liz: and polio. we like him. we are watching this closely. and the big boys down, check the 1-year performance of gillette's parent company procter and gamble absolutely huge. energizer holdings as well. you can see proctor and gamble has underperformed energizer holdings. so keep that in mind. i am working today, lots of folks from fox business are and i am always on call for you and over the weekend anything could break, you don't know. head to foxbusiness.com/oncall. gives you everything you need to know delivered to your smart phone. you cannot afford to miss it. if you care about your money and last i checked everybody does. one of the world's biggest cruise lines making a huge bet on future growth by

mayor emanual wants to capitalize on that. >> 100 cities that really drive the world economy.hicago's in it. unlike berlin, unlike new york or shanghai, we're not guaranteed a lot. what we do in the next two to three years will guarantee whether in 20 or 30 years we're in the top 50 or we slide back. i'm determined to keep us in that top 50 and moving. >> welcome to o'hare international airport. as we celebrate the opening of runway 287. >> chicago's o'hare airport once was america's busiest. a lot of work has been done to try to reclaim that crowd and rahm plans to be the guy to make it happen. >> when we say building a new chicago, we mean building a new chicago. [ applause ] we have a world-class work force, second to none. we have world-class transportation, stoekd none. this is church now. we have world-class city, second to none. and with this runway, the world's coming to chicago and chicago's coming to your house. [ applause ] >> something different is being unleashed in the united states and frankly around the world today. what's happening in many ways led by the city

emanual said it's not weather. is chicago helpless? >> we saw a program featuring the mayor and police chief and school principal roma romancizing chicago. poverty reduces life options. it undermines the will for education. it weakens it's mind, the body, the spirit, poverty matters. >> and last year the number of killings reportedly dropped to 415, the lowest in nearly a half century. but those statistics have come under serious scrutiny. there is allegations and investigate if i have report by chicago magazine that maybe the books are being cooked. what do you think? do you think the problem is getting worse or is it getting better? >> those numbers gave us a false sense of hope. you go to those same communities. you look at the abandoned lots, and the vacant houses of when the bail out. i went to citibank in st. louis. they havthey have 467. million dollar $467 million bailout.you just tf of that kind of loans, and you could be rebuilt. the 1% are getting 1% justice. and the 1% opportunities. but for the 99%, we're building more and

. >> mayor rahm emanual prefers to go to staged environments. >> when the mega phone is on he goes out understand the anger. it doesn't mean it is right. the hard work was done by people doing the hard work. so you say to me i'm accountable for what i do and i'm willing to take it. somebody calling a name i have had my whole life. >> so far things are off to a smooth start. the mayor stops by a once under performing school that has made vast improvements. >> we started with a quote or question and wanted to put you on the spot. >> when a stupid man is doing something he is ashamed of he always declares it is his duty. why would someone do this? first of all, the stupid man can't be too stupid because he is ashamed of something so he has some self-awareness. i would not call him stupid. do i pass? >> he takes questions one student asks about school closings. >> it is just elementary schools? why not just high schools? >> we made a decision this year not to do any high schools because there is a concern about safety and there was basically the history. i want everybody to know there ain'

zeke emanu emanuel, former white house health policy adviser, currently chair of medical ethics and health policy at the university of pennsylvania. dr. emanuel, i'm sorry that i said your field is boring. >> yeah, you're going to make me unemployed. nobody is going to want to hear my boring things anymore. that's, like, terrible. rachel, you'll have to have me on, nonetheless. you have to promise that. oer oirz, you know. >> you have to start coming up with health policy terms that are as cool sounding as death spiral. when this was going to be a huge con fiull grace, it was very, very exciting. now it feels like less people being uninsured. >> yes, we're about to go further into the weeds of how do you design a really good website, what do you have to do to make sure it's vibrant and people want to come and shop? what do you have to do to get cost control to work? those tend to be in the weeds and can even bore my children. i think you're right. >> were the republicans right to say that if -- and the conservatives more broadly -- were they right to say that if people didn't sign up, that

. >> mike emanual is watching from the hill. what are the certaoncerns about executive overreach?the health care law three dozen time and they think he should come back to congress to change it. here you have the chief law enforcement officer of the united states, the attorney general before congress, jow better believe he is going to get tough questions about selective enforcement and how the adjustments to the health care law and selectively enforcing others law and how it is legal. there is going to be fired up lawmakers ready to ask questions of him and looking for his answers. >> the house is said to be running out of patients. you are is 11 months down the road since lois lerner appeared. what is the next move? >> they will push holder on the justice investigation of what went on at the irs. the woman leading the investigation is a obama donor and a donor to democratic causes so lawmakers are concerned she may not be seriously investigating the matter and they are preparing their own paperwork sending a complaint to ask them to prosecute it further. the speaker told megan ke

mike emanual is live. the case being made for doing this today is what?lois lerner violated the constitutional rights of people in this conservative organizations by ordering others to infringe on their rights and said she released taxpayer information of people affiliated with the groups. democrats wanted to discuss this in open session but the commit voted 23-12 to do it behind closed doors because of the sensitive nature. we expect the vote on whether to send this to eric holder later this morning. >> once it is at the department of justice, what happens? there is no guarantee it will go anywhere. >> you are right. 2008 was the last time this happened with roger clemmins. they didn't feel like he was honest. the justice department did prosecute. but the house oversight is supposed to recommend the entire house vote to hold lois lerner in contempt with congress. this is putting pressure on eric holder and the justice department to act and also pressure on lois lerner and attorney to come forward and talk to congress. we have seen her come up and take th