gerri willis is next. gerri: hello, everybody i'm gerri willis. right now on "the willis report." has your electricity bill shot up lately? get used to it. electricity prices may be going up for good. >>> also, how do you do that? getting the best seat on a plane. >>> sell in may and to away. it is an old stock market addage, but will it hold true this year? we're watching it for you on "the willis report." hold on to your wallet because those high electricity prices at many of us have seen lately, well they may be with us for a while. one of the main reasons is torrent of new government regulations. those regulations range from the closing of coal-fired plants to mandates for expensive green energy production. with more on this, jails sweeney, senior fellow at hoover institution. welcome to the show. good to have you here? what is going on here? what do you think is driving electricity prices higher? >> the, combination of several things. but the biggest issue is, that the distribution infrastructure. the transmission, transformers and the wires and all of this distribution infra

gerri: hello, everybody, i'm gerri willis. right now on "the willis report," it is the day many americans hate the most. it's tax day. it is also a day full of surprises for many tax-filers. are you one of them? >>> good news to report on alzheimer's. you got your kid and grandkids to thank. and are you taking our cash challenge? >> i'm chris lynch. i'm 48 years old. i'm single and i want to take the all-cash challenge. gerri: more people living debt-free after ditching the plastic. we're watching out for you on "the willis report." gerri: it is the 101st federal tax day in our nation's history as we share in a important national pastime, complaining about taxes. first some facts. irs received 100 million tax returns so far and is expected to collect a total of $3 trillion. that is up 9% from last year. there were big changes this year. big surprises for a lot of folks as well, we have pete step from the national taxpayer union, art laffer, one of the country's best known economists and former economic advisor to president ron

gerri. gerri: peter, we asked this question last night actually.ould banks be in the cross-hairs of some of these bad guys? and now you're saying regulators are warning banks. i have to ask you, what should people think about the safety of their bank accounts? >> we, obviously, if you're a bank customer and you see anything funny going on with your account or see some kind of weird email or something check with your bank. make sure it is legitimate problem or legitimate request. be vigilant. gerri: our expert said now is not the time to change the password. if you do have a problem the bad guys can see a change. this that is little advice for people out there. thanks for the breaking news. >> thank you, gerri. gerri: the white house we told you last night listing medicare's top paid doctors. turns out some of those super-high billing physicians have been generously donating to the democratic party. here is more is aei senior fellow and senior political columnist for the "washington examiner" tim carney. how close are these guys to congress and what

gerri: hello, everybody, i'm gerri willis. right now on "the willis report," america's crumbling infrastructure. a sobering new report on the state of the nation's bridges and what needs to be done. also a new warning about the weather. the latest predictions call for a giant el nino. the high-paying jobs where you don't need a college degree. how to learn a six-figure salary with a two-year trade. we're watching out for you on "the willis report." gerri: our top story tonight the next big bailout. obama's big idea to wipe out student debt, forgiving loans. that is make being students happy but taking a toll on you, me and every other american taxpayer. when the president first sketched out the debt forgiveness plan back in 2010, the cost was pegged at $1.7 billion. fast forward to 2013, the cost ballooned to $3.5 billion. now, take a look at 2014's estimate. a whopping 7.6 billion. if taxpayer bailout of student loans is everybody talking about, is it finally here? charlie kirk, founder and executive director turning point us

gerri: hello, everybody, i'm gerri willis. right now on "the willis report," a major security flaw in millions of websites. what you need to know about the heartbleed bug. they're the other oners. most of your medicare money is going. special report, user's guide to education. what your college financial aid office isn't telling you. we're watching out for you on "the willis report." gerri: the irs is looking out for you. i'm not kid you. at least that is what it claims in a new report to congress. the irs went undercover to audit tax preparers and it is warning consumers on what it found. with more on this dominic tavella from diversified private wealth and you are a tax preparer, right? >> our firm is. we have a cpa on staff and yes, we prepare taxes for our clients. gerri: this undercover this, national of a total of 19 tax preparers all over the country. >> wow, a whopping 19, huh, gerri? >> came up with what they call significant errors in the gao report. it is full 25 pages, 25 pages from 17 interviews. what do you make

liz: state tuned, the gerri willis report is next. gerri: i'm gerri willis. explosive new details in the gm recall situation. gm ceo mary barra under intense scrutiny what she knew and when. >>> also coming up on "the willis report," it's a tricky question for mom and dad. should you could sign that loan? we'll help you make the right choice. >>> kathleen sebelius out at hhs. what does her resignation say about obamacare? >>> our users guide to education. the best strategy getting the free money. we're watching out for you on "the willis report". >>> new developments tonight on the general motors recall. congress making public the documents that the auto company was made to turn over to the house energy and commerce committee and it appears gm's ceo mary barra knew more than she has been saying. rich edson has been going through all these documents. rich? >> gerri, general motors engineers knew about chevy cobalts shutting off inad vert antly a decade before they recalled dozens of these cars. that is what documents in the house energy and commerce committee

liz: gerri willis next. gerri: hello, everybody, i'm gerri willis. right now on "the willis report," what discuss big data know about you? turns out a lot of that info is wrong. we'll investigate. >>> also, apple finally says it will fix problems plaguing the iphone 5, but wait, there's a catch. >>> it is our cash challenge. we're helping you budget better and spend smarter. >> hey, "willis report, it is caitlin and i'm so excited to drop in and report to you all how our last week went on the cash challenge. gerri: we're watching out for you on "the willis report." gerri: well the results of a new poll are in. we're working harder and longer than at anytime in the last 23 years. surprised? , maybe not. as retirement dates getting pushed into the future. not only that, but the people who keep on working they're carrying ever increasing burden in large part to pay for the folks who are not working. we're breaking down some new "gallup poll" numbers and census figures with heritage foundation chief economist steve moore. welcome to the show. why are peo

gerri: hello, everybody, i'm gerri willis. right now on "the willis report," gm executives before congress struggle to answer questions over its recall scandal as victims families appeal for change. >> it is my sincere hope there will be changes made to the law in order to prevent other families from experiencing our tragedy. gerri: also, secretary of the department of veterans affairs, have the a, accused of hiding hospital records of dead veterans. >>> a "willis report" cash challenge. >> this cash challenge for costco is going to be interesting. gerri: can you dump your credit cards and live on cash only? we're watching out for you on "the willis report." gerri: a big day on capitol hill which we've been bringing you as general motors ceo mary barra occupied the hot seat over the recall linked to at least 13 deaths. now she testified before a subcommittee of the house energy and commerce committee for more than two hours. here with more, fox business as own rich edson. >> well, gerri, she doesn't know because they're leadin

gerri: i'm gerri willis, right now on "the willis report." it's the wave of the future, robot nurses, to skies filled with drones. what do we think of this new technology? we'll have the results of a new survey. >>> also happy birthday to the ford mustang. i'll check out the car that spent 50 years burning up the american highways. >> look at that. gerri: grab your resume, tips on honing that critical job search tool. we're watching out for you tonight on "the willis report." well, is technology a force for good or bad in our society? it's a question we keep asking ourselves as the latest new gizmo or big technology advance comes our way, do we like change? now the results of a new survey giving us answers. for more on this todd hazelton from techno buffalo and adam levin, welcome back to the show, adam and good to see you for the first time, todd. >> thank you, gerri. david: news that a big chain three months ago heard about the breach of customer data. only now we're finding three million people are impacted. what's going on? >> this is a s

gerri: hello, everybody, i'm gerri willis. right now on "the willis report," congress messing with our taxes. are lawmakers fail once again to accomplish the most bates i can of functions. >>> also the ceo of toyota of north america is here. he will give us his take on the economy, the launch of the new camry and issue of car recalls. >>> pull out your mortgage statement because we're looking at a few things that could be costing you big money. we're watching out for you on "the willis report." gerri: it's a critical jobs report we'll get tomorrow. the latest monthly employment number of and there will be no blaming the cold and stormy weather. this report will really count. it comes at a key time for the country as a host of new surveys more americans see themselves slipping out of the middle class. with us, jonathan hoenig from capitalist pig asset management, fox news contributor. rich lowery, "national review" and sam chan done, economist with chandone economics. sam, i start with you. 200,000 new non-farm jobs created in

gerri: hello, everybody, i'm gerri willis. right now on "the willis report," mortgage lenders loosen up. only so so credit? no problem. even a 3% down mortgage is becoming popular. >>> also another big shift in health care. doctors not just watching your health. the cost of treatment becoming a bigger factor. and you better watch what you check in your luggage. one airline caught on camera for this baggage abuse. we're watching out for you on "the willis report." gerri: another good day for the marketed. stocks finishing higher the fifth day in a row. don't tell that to the average american because apparently they want none of it. a new survey says five years after the financial crisis, five long years and we're still a nation wary of the stock market. for more on the survey greg mcbride which released the survey. greg, welcome back to the show. these numbers amazing. this is the major finding in my estimation. are you more or less likely to invest in the stock market you asked america. less likely was the answer from 73% of f

gerri: veronica, thanks for coming on tonight. >> thanks, gerri.still to come our financial panel is covering your assets, how to protect your money during the market's wild and bumpy ride. we're up today but tomorrow we don't know. >>> the latest idea from the former car czar, steve rattner, former wall street investment banker wants the government, order, force young people to save for retirement. coming up. ♪ my dad has aor afib.brillation, he has the most common kind... ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stroke. that's why i take my warfarin every day. but it looks like maybe we should ask your doctor about pradaxa. in a clinical trial, pradaxa® (dabigatran etexate mesylate)... ...was proven superior to warfarin at reducing the risk of stroke. and unlike warfarin, with no regular blood tests or dietary restrictions. hey thanks for calling my doctor. sure. pradaxa is not for people with artificial heart valves. don't stop taking pradaxa without talking to your doctor. stoppin

gerri: hello, everybody, i'm gerri willis. right now on "the willis report," calls to poison centers surge over e-cigarettes, children's specially at risk. also backlash as two prominent sports broadcasters say men taking paternity leave are wimps. >> i don't know why you need three days off, i'm going to be honest. gerri: who is right? we'll debate. google's company nest stopping sales of fire alarm because it. we're watching out for you on "the willis report." we're starting with critical information you need to know, especially in light of the gm recalls. new report by carfax says, a third, a third of all cars for safety defects are never repaired and millions of recalled cars and light trucks are offered for sale to unsuspecting buyers. with us from carfax, larry gomash. great to have you here. some of the details from this study thaw conducted, really surprising. you say up to a third of autos recalled are never ever repaired. tell me what else you found and how this can be so. >> last year approximately 3 1/2 million car

gerri: hello, everybody, i'm gerri willis. right now on "the willis report," has washington just wrecked the internet? consumer groups say new federal proposals have done just that. also does the government have to issue a permit for everything? we're taking on the struggle to regulate airbnb. is a million dollars enough to retire on? >> doesn't even sound like a million can get awe great place to live. gerri: we'll help you find your number. we're watching out for you on "the willis report." well, tonight some good news, from an unlikely source. the federal government. the food and drug administration today announcing they will begin regulating, regulating, e-cigarettes. the news comes as more and more children report to hospitals and doctors offices across the country with cases of poisoning from these very products. but is the fda move too little too late? joining me the doctor who first told us about the injuries, gaylord lopez, director of the georgia poison center. doctor, welcome back to the show. great to have you here

gerri: all right. doug, we started by talking about these dozen or so health care institutions that are saying hospitals, and doctors saying they're going to start sharing more information. let me show what you we're talking here, some of the things they're going to share. total estimated price of services. what sin concluded in the price. on and on. lots of details out there. clear indication of whether the providers in network. on and on what kind of information they're going to provide. what do you make of this? is this the missing link in health care? >> well, it is certainly a start. we need to have much better health markets in the united states. ones where individuals can in fact shop on price of basis of price and quality and you can't do that right now. so i like the sound of this, but there is going to have to be a cultural change on the other side of the equation as well. individuals will have to demand information. what is high-quality procedure? what is it going to cost me? in the process,

gerri: why?s and people talking more allergy medications, you can go to a website and learn more about allergies around the country and mitigate some of the problems. gerri: great stuff, before you go, any additional tips? >> what i want people to know is there is treatment on the way. allergy shots. if you have allergies and suffer a lot, allergy shots reduce the problems long-term and go for the closest thing to a cure we have. gerri: dr. cliff, thanks for being with us today. great job, you are great with the tips, appreciate it. >>> and tonight, new developments in the wrath of heartbleed. the computer bug may have put clients of the largest u.s. mutual funds, one of the largest fund families at risk of having personal information stolen. american funds part of capital group is advising 825,000 shareholders to change their passwords out of an abundance of caution. the heartbleed bug may have exposed customers to access accounts on the american funds website between december 12th of last year

gerri: hello, everybody, i'm gerri willis. right now on "the willis report," is google giving investor the shaft? we're taking on corporate control versus shareholder rights. >>> also, the best advice you will ever hear about retirement. the daughter of charles schwab is here. >>> renting versus owning. we're taking you to the places where it is cheaper to buy than rent. we're watching out for you, on "the willis report." gerri: google today pulling one of the more unusual technical manuevers the stock market has seen in a while. it is splitting its stock two for one. while that doesn't sound unusual, here's the twist. the new shares will have no voting power. while the value of your investment won't change, your say over how google is run will. ed butowsky from chatwood capital investments joins me now. ed, good to see you. i want to show what folks are going on here. here is the google split. class-a shares will have some kind of a voting opportunity and class c, no vote, you won't be able to vote those shares. founders appe

gerri: hello, everybody, i'm gerri willis. right now on "the willis report" , two safety advocates stage a last minute effort to stop chinese chicken coming into the united states. we have important news for all consumers. >>> forget plastic. cash is king. we'll have our next family who are taking our cash challenge. >>> our special report, a user's guide to education. the college degree giving you the most bang for your buck. we're watching out for you on "the willis report." gerri: we have good news tonight, no, great news. we begin with a medical breakthrough. new research indicates spinal cord injuries may no longer mean a lifelong sentence of paralysis. the exciting results come from a new technique which uses electrical stimulation of the nerves. we have doctor from national institute of health which took part in the study. dr. gray, thanks for coming on the show. tell us how this technology works? >> thank you very much, gerri, i'm glad to be here. so this technology uses spinal stimulation. it takes off the shelf techn

gerri: what?if you know, how to refrain the story is like a bogus car alarm if it is catastrophic in the stress response stops within four minutes. gerri: how would you do that? >> you have to stop yourself and be aware enough then why and i stress? then look at the false story because the caveman brain tells you that you will die because it has not been programmed for the 21st century i will not die. what is going on? as you step back you will see it is nothing to be stressed out about and once you convince your brain then it shuts down. >> her boyfriend is not very nice. >> it is not my problem but her problem and it can be fixed. >> it is not just the anxiety. >> absolutely we're never talk about stress it decreases good cholesterol chronic strut stressed take sure body down because your immune system is down whole time. people have insomnia that is a classic sign because your body works overtime even when you're sleeping so you have to determine there are a lot of great tools out there to actu

gerri: it is hipper. he does look different. still sort of scary clown but not entirely. anytime you've got the white makeup on your face, people want to run in the other direction. >> yes. gerri: so, let's talk a little bit about taco bell, because they're doing something super interesting out in california. they're opening a new store. they're experimenting with a sit-down restaurant. who do you think they are trying to compete with? >> i think they're trying to carve out their own niche. some people say chipolte but they're trying to create this new fusion-style taco for this emerging foodie coming up. gerri: this is interesting to me, i know from spending time on west coast. tacos are everything. it is fish taco. beef taco. everything taco. people love them this is much more cutting-edge, hipper version what they were doing in the past. do you think they could beat out chipolte? check out the skull in the video. that is so cool. >> i think that is going to take a lot of time and money for them

there have been many according to gerrie nel. barry roux on one particular problem gerrie nel said oscar pistorius had with evidence that yesterday he was changing defense. he said in one sentence he shot reeva steenkamp because he thought she was an intruder and another sentence it had been an accident. today barry roux asked pistorius to explain what he meant when he said it was an accident. >> could you explain to the court if you talk about accident, what is it you mean by that? >> i mean the situation. the situation as a whole. it wasn't meant to be. >> now, when you were standing with your firearm pointing to the toilet door, what emotions did you experiment? >> i was terrified. i feared for my life. scared, thinking about what could happen to me and reeva. i was extremely fearful, overcome with sense of terror and vulnerability. >> one of the things oscar said during his time on the stand, he read out a valentine's card from reeva steenkamp waiting for him the morning after the night she died. it said in it she decided it

because of what gerrie nel had put to him. and it really was the most dramatic moments of this day so far. because the court had to adjourn. oscar pistorius was let out of the courtroom. his sobs, his howls were heard along the corridor by journalists there. a recomposed oscar pistorius coming back in to resume his evidence a few minutes later. but now under, again, fierce cross-examination from gerrie nel. in a slightly less aggressive style but a very forensic style. very, very -- picking detail after detail. trying to get oscar pistorius to admit to a discrepancy between what he told the court about what had happened that night in an earlier statement and what he is saying now in this, his evidence given to his murder trial for the first time in person verbally in front of the court and the judge. so he was trying to allege that oscar pistorius did go on to the balcony or did not go on to the balcony in a different form of events to the events that oscar pistorius had talked about previously. let's just talk about the very

>> reporter: well, actually that was a display of gerry nel's secludeness and skill as a -- shrewd not and skill as a prosecutor. he started out with character evidence. it's not the strongest evidence for him legally speaking, but it certainly is the evidence that is most likely to get under pistorius' skin. it also sets the backdrop for his narrative. he jumped between the different charges which is quite overwhelming for a witness in the witness box to have to consistently think all the way between all these different charge. and when pistorius was essentially likely to be at his most tired, he then zoomed in and went in on the very padantic of the murder charge. clever lawyering tactics. >> considering we haven't seen necessarily slam-dunk evidence, evidence for each side, should we expect today to see more of that, the prosecutor trying to get under pistorius' skin and get him to be vulnerable? i mean, what does that really accomplish as far as convincing the judge the state's version of the events over the defense? >> reporter: we should absolutely expect that. essentially becaus

it was years later in 2003 that .er body was finally found tonight, gerry adams, the republican leader sainted by prime ministers and presidents, is being questioned by those investigating the killing. before he went in to see officers from the police service of northern ireland, he made this statement -- >> first of all, i'm going voluntarily to talk to the psni because there has been a lengthy, malicious campaign against me. i will tell them that i am innocent totally of any part in the abduction, the killing, or the burial. >> last month, a veteran now 77, was charged with aiding and abetting the murder. it was another republican who implicated the sinn fein president. widow left 10 children, and her disappearance came to symbolize one of the many dark chapters in ira history. >> [inaudible] >> tonight, gerry adams spoke about his past and the ira. >> i never will dissociate myself from the ira. i do not agree with everything they did, particularly in the case, which i think was wrong, grave injustice and horror to her family, but thankfully, the war is over. >> so the murder of a m

then he sinkholed gerry nel. here's a look back at the -- scolded gerry nel. here's a look at the testimony. >> the phrase "i love you" was twice in her taps. both times, highway is wrote that to her mother -- she wrote that to her mother, never to you, and you never to her. am i right? >> that's correct, my lady. i never got the opportunity to tell reeva that i loved her. >> but on the 14th of february, that's where there were arguments, and those arguments were all about you, what's important to you. >> there weren't arguments that turned into fights or anything like that, but we did have arguments, my lady. >> you never wanted to shoot the intruders coming out of the door. >> that's correct, my lady. >> we knew that reeva was in there. >> that is correct, my lady. >> there was no reason to shoot, objectively, after the fact, as we stand here today, you had no reason to shoot. >> that's correct, my lady. >> why but fire? >> because i heard a noise coming from inside the toilet that i interpreted at that split moment as somebody coming out to attack me, my la

gerrie nel continues cross-examination in the last few minutes.eard the version of events where witnesses said they heard high pitch screaming. oscar pistorius asked by nel if he had his voice tested, if it could have been him who the witnesses thought was a woman's scream. did his scream sound high pitched. a grueling morning on the witness stand for oscar pistorius. he's hadruelinoningce fn the tness d for weoriu s. rryhe's wvera herec ne todjournwice f wecarrycovera. herebbc ne ♪rejoice... fo entered tised land ation. book g.yeah! booking.co g.yeah! booking.yeah! >>> hello. you're watching "gmt" on bbc world news. our top stories. a deadline passes and ukraine's army is called upon to combat pro russian protestors in the east. militants strike again, this time storm a police building in militants strike again, this time storm a police building in another city in donetsk province. outside, the crowd converges on an

hi, marcus, gerri. >> gerri, nice to meet you. [horn honks] this is the whole kitchen?> this is the entire kitchen. >> this kitchen is tiny. i'm shocked by the size of this kitchen and the lack of equipment in there. i don't know how she even cooks anything, let alone contribute to the $500,000 coming out of her department. be nice if you had more space. >> it would be great to have more space. that's the biggest problem we have. when we're plating at night and a full bar of 75 people, it's really hard. it's tight. [car alarm chirps] >> just hearing from some of the other team members about the place, i think the biggest thing is there is no leader. >> no. >> no? when i was called to come here, i think they assumed that i would just come in and just write a check. >> yeah. [laughs] >> and the reality of it is, is that i am not convinced yet. >> are you the grim reaper, or--[laughs] >> me? >> yeah. >> sometimes. i don't really know where the leadership is. i don't know who the owners really are. >> if there's changes to be made and sacrifice to be made, we're willing. >>

. ♪ gerri: breaking news.ke you back to both the nasdaq and the russell 2000, for the nasdaq. here's the year to a and you can see that we are not at the year to date but here we go as we start to see a big retrenchment at the moment. we are lower by two-- 2.43. we have to get to the exact decimal because it is 2.8 that we had last seen it was june 1, 2012, that was the low. here's the let-- to nasdaq today. it seems to be a momentum trade where there is a negativity swinging through the markets. we are off the load. we could look at the russell 2000. down to a quarter percent. we do have that both the nasdaq and the russell 2000 back in negative territory for 2014. they join the dow jones industrial average, third what is completely bizarre, diane is we hit all-time highs for the s&p and the nasdaq-- i'm sorry the s&p and the doubt this morning. that tells me the way that the jobs number because it just disappointed by this much going under the limbo level of what wall street has looked for, it's not the wors

liz: gerri willis next. gerri: hello, everybody, i'm gerri willis. "the willis report," what discuss big data know about you? turns out a lot of that info is wrong. we'll investigate. >>> also, apple finally says it will fix problems plaguing the iphone 5, but wait, there's a catch. >>> it is our cash challenge. we're helping you budget better and spend smarter. >> hey, "willis report, it is caitlin and i'm so excited to drop in and report to you all how our last week went on the cash challenge. gerri: we're watching out for you on "the willis report." gerri: well the results of a new poll are in. we're working harder and longer than at anytime in the last 23 years.

gerrie nel has been very, very tough on him in court this morning.eing that the court is resuming. they have just sat down. so it seems that proceedings are once again under way. let's just listen in. >> thank you, milady. mr. pistorius, let's put on record what we've seen in the video. you were on the shooting range with -- is that correct? >> correct, milady. >> you and he are shooting shotguns? >> i was wasn't on a shooting range with -- >> who was with you? who stood next to you firing a gun? >> mr. francois -- >> i got the name wrong. i apologizapologize. you and he were firing shotguns, right? >> that's correct. >> then there were cameras. one behind you and one to the side for you to see what the effect of that firearm on a watermelon would be. am i right? >> correct, milady. >> so you knew this. you took part in all this rigging because they had counted on for you to shoot. >> that's correct, milady. >> what was the purpose of this whole incident? >> milady, the caliber of the firearm that the revolver was that i was firing with was .50 calib