instead the the institute for policy studies debt reduction plan it pays off our debt our fourteen trillion dollar debt in ten years let me just waste some of the stuff out for you or waiting for joshua show he's due for policy studies they put together a debt reduction plan pays off the fourteen trillion dollar debt in ten years fourteen trillion dollars in ten years seems unimaginable it's a massive amount of money how is that possible well they tax corporations millionaires and billionaires at the same rate that they were paying taxes in one thousand nine hundred eighty one. now interestingly there's a real contrast here heated by the president's plan doesn't tax millionaires billionaires or corporations at all the reid plan doesn't at all the better plan doesn't it all nobody wants to go near the millionaires billionaires but here these guys just ran the numbers back in one nine hundred sixty one they were fifteen thousand seven hundred fifty three millionaires and they paid an average income tax this is actually pay and by the way these are all inflation adjusted numbers these are real

the director of the sudan program at the united states institute of peace john campbell he's the ralph bunche senior fellow for african policy studies at the council on foreign relations and need a cooter he is an african political analyst all right gentlemen this is cross talk that means cross talk rules in effect i mean you can jump in anytime you want need i'd like to go to you first in washington and looking at the future of south sudan and will have its independence in a few hours is it mission impossible or is it already mission failed. oh it's neither of those those i don't think those are the possible outcomes of course everything's in the air it depends on what happens more than it depends on what important act is do the leadership in south sudan the people in government or not want to become known then sudan the people of southern sudan the international community and of cause the neighboring african countries so there are a lot of fact is i actually think the future of the south sudan while while it is not problem free is is much more positive than i have seen in the media they have a number of important since go in for t

institute for international economics. mark weisbrot is co-director of the center for economic policy and research. he studies international economic issues. welcome to you both. let's just start with the broad question-- for debt-strapped countries, like greece, do austerity-- a combination of tax exphikz deep spending cuts, does it work? >> it's painful. there's no question about it. you're seeing that right now in greece, but sometimes, unfortunately, it's unavoidable. you can argue about the pace of the austerity, perhaps find a better way to do it, have more financial support from outside the country but when you're in the wagz greece is in, it's very hard to find an alternative that doesn't involve austerity. >> warner: mark weisbrot. >> i think there are always alternatives. if your unemployment has doubled and economy is expected to shrink just as much next year as last year and you're making massive budget cuts and tax increase. there is an alternative. >> warner: are you saying it doesn't work? >> yeah, it doesn't work. i think simon would agree and most economists would say in the short run if you

and alternative supplies joins us turn from the oxford institute for energy studies four used the company may lose even more if the foreign policy remains unchanged. what gazprom needs to decide is does it want to sell a smaller amount of gas at a high price or more gas at a low price and the answer at the moment is he wants to hold the price relative to all the oil and sell less gas and that's that's fine that's ok policy but that he's not going to get gas a more important role in europe in fact it's probably going to reduce gases were you could i mean that is a that is a sovereign choice for russia and a commercial choice for gazprom what i would say is where does goes from see its european market in fifteen twenty years time doesn't see itself selling the same amount of gas as it does today in which case fine continue the way you go on the other hand if you want to sell more gas then i think you will have to adjust its pricing policy. let's have a look at the markets now world bounced back from their losses as investors that shrinking stockpiles and signs of economic recovery in the u.s. lights is not trading at around nine t

as part of this effort to washington institute for near east policy is conducting a series of studies whether al qaeda is operated. the u.s. approach must be decentralized, locally based, long-term and holistic blending military and civil approaches. this is an impediment to expanded u.s. presence in the countryside. the president in saudi arabia and yemen's political action in a stalemate now is the time to offer a sign of expanded aid package to help the government stabilize the problems. we should adopt a forward strategy consisting of four main components. these are more about how we are organized in yemen rather than how many resources we are devoted to a problem. the u.s. needs a robust for an internal defense program. washington should consider an expanded training initiative for yemen security services concentrating on counter-terrorism and conventional forces. u.s. trainers should deploy to the problemss. government forces would benefit from u.s. training and equipment as they confront aqap in the countryside. washington's understanding of provincial dynamics would improve co

for policy studies. >> they have decided not to face the u.s. military, instead they have focused on terrorist attacks on civilians, government, institutions. >> reporteruicide attacks the taliban unleashed a surprising new weapon that allowed them to get past police and security-- bombs hidden in turbans. there are checkpoints all across kabul. it's common to pull people out of vehicles, to frisk them and search the vehicles themselves but as you can see, it's incredibly uncommon to search under a turban. to remove a turban in public would be considered an insult. it was an explosive-laden turban that killed the kandahar mayor yesterday. and just last week, koofi herself was invited to a gathering where two people were killed. have you changed any way that you go about life because of these threats? >> i did a little bit. but, you know, when it comes to assassination and planned killing, nothing can protect you. >> reporter: guards stand by her front gate and she admits sometimes she even travels disguised in a burka. >> i know what i'm doing can make a difference for my future and for my daughters' future and for other women and children of this coun

for research and policy studies. >> taliban decided not to face u.s. military. instead they have focused on terrorist attacks first on civilians and afghan government, institutionser: in two recent suicide attacks the taliban unleashed a surprising new weapon that allowed them to get past police and security, bombs hidden in turbans. there are checkpoints all across kabul, it's common to pull people out of vehicles, to frisk them, to search the vehicles themselves. as you can see, it's incredibly uncommon to search under a turban, to remove a turban in public would be considered an insult. an explosive-laden turban killed the kandahar mayor wednesday and just last week, kufi herself was invited to a gathering where two people were killed. have you changed any way that you go about life because of these threats? >> i did a little bit, but you know, when it comes to assassination and planned killing, nothing can protect you. >> reporter: guards stand by her front gate and she admits sometimes she even travels disguised in a burqa. >> i know what i'm doing can make a difference for my future and for my daughter ace future and for other women and children of this co

here but if you look at the economic policy institute others out there have done studies these kind of trade agreements that don't actually. and of losing jobs for americans yeah i mean it's really you know a double edged sword some some sectors of the economy benefit while others don't and certainly you know the kinds of jobs that you're going to be created in other countries because of these free trade agreements you will lose jobs here and you know going back to the republican agenda they're refusing to include money with these trade agreements as they're going through congress that would help retrain people who lose jobs here in america to get them into better paying jobs better train jobs because the you know there will be job losses everyone accepts that but there's a way to deal with that and they're just you know refusing to do it but in any case i mean a trade agreement might help down the road but that's not going to cause any kind of short term benefit for job growth we're talking about you know years decades out and what do you i'm wondering how much americans are going to be willing to take this take this notion that you're just goi

for projects in place of state funding. >>> a new study shows a half million people in the bay area illegally about 8% of the total population. according to public policy institute of california, 180,000 illegal immigrants live in santa clara county. 124 in alameda county, 79,000 in contra costa county. the number that file taxes with taxpayer identification numbers instead of social security numbers. all right. let's join meteorologist christina loren. >> good morning. we have a warm-up short-lived, a brief warm-up. hey, if you've been looking for summertime weather, can you get that today especially in east bay valleys. it's not going to last long, we have a trough trying to inch back into the area. as we head to friday and the weekend we'll drop off as quickly as we're expected to climb today. clear conditions this morning, just a little bit of a marine layer out there, 1200 feet. very shallow. i think for the most part today those low clouds will only hug the coast, not make their way that far inland making for a much warmer day, already starting off in the 60s. 60 in hayward, 62 san jose. forget about that jacket, take a look at where we're headed later on

policy institute did a study saying that there are few companies that moved out of state. >> i still remember those days when chevron moved. bank of america moved. these were huge partners for many decades. they were icons, if you will. they moved. what may not be as clear to people is what companies are located in silicon valley and brisbane that are not here. i would have thought they would have moved here first, but they are not here. when you look at those companies like google or hp or other silicon valley's, that is why i went down to talk to the silicon valley leadership forum. there ceo's -- their ceo's had a chance to coordinate with us. they were telling us why they would not moving to san francisco. that gave me another agenda that is not corporate welfare. what can we attract here for them? the key is education. we've got to have an intelligent work force that keeps them wanting to be here. that is the number-one thing. that is why i investing so much time in creating a strong connection with our city college, school district. they've got to make sure we have a very integrated education system. that will be a key for many years to come. they tell us in no uncert

businesses and financial institutions large and small, as well as the evolution of the payment system, it will be important for all of those interested in sound public policy to study and carefully assess the impact of this rule on the well being of the affected groups and the fishtdsy and dynamics of the payment system in the years ahead. >> thank you. governor duke? >> thank you, mr. chairman. i want to start by acknowledging the quality and quantity of work that's gone into this proposal. in the initial proposal and the final the staff demonstrated the comprehensive understanding of the structure and economics of debit interchange. the individual members of the team brought their own experience, knowledge, insight, creativity and perhaps most importantly patience. this has not been an easy law to implement. i believe every effort has been made to choose carefully from among the schemes possible under this statute. issuers, networks, merchants consumers and other members of congress comments forcefully and passionately. the comments received were often in opposition to one another. as i read through each section, i concluded the final decisions reflect thoughtful

for jobs. it's what fuels illegal immigration and now we know how much. in one of the first studies of its kind, the public policy institute of california estimates there are well over half a million illegal immigrants living in the bay area alone. >> unauthorized immigrants are found throughout the state. they are not just the big areas that we expect to find them which is los angeles or san joaquin valley or agricultural areas. in the bay area, about 8% of the population is unauthorized and that's the same average in the state. >> reporter: researchers also confirm that illegal immigrants pay federal taxes taxes. the study relied on tax id numbers which many undocumented workers use to file tax returns since they don't have social security numbers. rural counties like monterey, san benito, napa and sonoma have some of the highest percentages of illegal immigrant residents. among bay area counties, santa clara and alameda had the highest percentages. >> i think the study has come out we haven't had like a real number. >> reporter: but the immigrant rights and education network in san jose thinks there are even more illega

for its educational institutions, the level of economic development, the basic rule of law, and so on. they were to come here, a study here, emigrate here, but there critical of some american policiesally the issue. we know what those policies are. host: last couple of calls. bloomington, illinois. caller: first of all, i just want to respond to the caller that the military saved muslims in southeast europe in kosovo. here is my question regarding europe. are there any elements in the arab spring in north africa that wants to integrate with europe? maybe in the future join the european union? at one time, the mediterranean was under the rule of wrong. -- rule of rome. i just wonder what kind of relations there can be in the long term if the people of africa look north instead of south or east towards the middle east. host: interesting question. guest: the idea of political unification is off of the table, but as the caller points to come to the major trading relationships and cultural relationships or with europe. there is something called the euro-mediterranean partnership. because of the history of colonialism, looking at paris from consul lanka -- casablanca, algiers, that is th

businesses and financial institutions large and small, as well as the evolution of the payment system, it will be important for all of those interested in sound public policy to study the well being of the affected groups and the fishtdsy and dynamics of the payment system in the years ahead. >> thank you. governor duke? >> thank you, mr. chairman. i want to start by acknowledging the quality and quantity of work that's gone into this proposal. in the initial proposal and the final the staff demonstrated the comprehensive understanding of the structure and economics of debit interchange. the individual members of the team brought their own experience, knowledge, insight, creativity and perhaps most importantly patience. this has not been an easy law to implement. i believe every effort has been made to choose carefully from among the schemes possible under this statute. issuers, networks, merchants consumers and other members of congress comments forcefully and passionately. the comments received were often in opposition to one another. as i read through each section, i concluded the final decisions reflect thoughtful attention to the positioned argued by all sides

for its educational institutions, the level of economic development, the basic rule of law, and so on. they were to come here, a study here, emigrate here, but there critical of some american policies is really the issue. we know what those policies are. host: last couple of calls. bloomington, illinois. caller: first of all, i just want to respond to the caller that the military saved muslims in southeast europe in kosovo. here is my question regarding europe. are there any elements in the arab spring in north africa that wants to integrate with europe? maybe in the future join the european union? at one time, the mediterranean was under the rule of wrong. -- rule of rome. i just wonder what kind of relations there can be in the long term if the people of africa look north instead of south or east towards the middle east. host: interesting question. guest: the idea of political unification is off of the table, but as the caller points to come to the major trading relationships and cultural relationships or with europe. there is something called the euro-mediterranean partnership. because of the history of colonialism, looking at paris from consul lanka -- casablanca, algiers, that