ways in which lowered taxes caimprove productivity are ir obvious higherake-meay may encourage workers ork lowexesmay ovide sisseswiore e xngreateinceives of t early 198.ks. the al issues the supply-side enthusiasts xngreateinceives argued that lower tax ratesssues lead to higherroductivity, which would lead to a greatly increased gnp. this greaternp to awould acally result in. higher governmentax revenues. we'd get such increases in productivity and growth,es. we wouldn't even have to think about government deficits. the less enthusiasc view was that lower tax rates would cause big budget deficits, that government borrowing would cause high interest rates, and thisould result in lower business investment and grow. the effects of the reagan tax cuts are veryomplicated. many of these effectsare still . if we compare 1981nd 1984, we canay, yes, productie did increase slightly.total feds but yes, thereand real interest ratess, sperhaps on one point bothides might agree. if you're going in for massive tax cuts to spur productivity growth, it would be prudent to do something to keep of the equa

the earned income tax credit, which is basically a wage supplement for people who are ,orking at particular wages that is a more efficient way of doing it. this discriminates against people who don't have children. it would raise the income tax credit for people who don't have children in a the itc was founded in republican administration. what are the odds of being raised this year? >> it is another example of my theme, which is if you have part is -- bipartisan support for something, do it. stop worrying about where the blame falls. up yourr norquist was earlier. he has another theory. >> i am not surprised. >> we used to have people who wanted to expand the government a little bit and they compromised. theory for why we are in such a terrible moment of polarization? i don't have a theory. i do a lot of things have happened. system it is our primary old people to the right or the left depending on which party they are in. that is exacerbated by the way congressional districts are drawn. that is up whole story. if you look of the senate, it is polarized to. it does not have to deal with di

or pet food ork toilet paper, head to the nearest vending machine.s giant invented machine up for daily needs a such as bread and bacon. close a decade ago. where can you find the machine? at the local pub. asia's youngest riders battle it out. it is like this. part of the course of the free japanese riders dominated. the course was this and three japanese riders dominated. float style event. germany was one of the things at sochi but crashed. she wiped out some of that disappointment by winning here. welcome back to "countdown." i am mark barton. >> i am anna edwards. we'll take a short break. we will talk by how sanctions are hitting the russian equity market. ryan chilcote will be here. just a coming up in moment on countdown. ♪ >> welcome back to "countdown." i am mark barton. >> i am anna edwards. this, the see from dollar is bobbing along. this is the dollar index. you saw a little bit of money coming out of the dollar. we are looking at aussie/the dollar off of a three-month high. of 2014.st levels the question is, will the reserve bank of aus

ork prices are higher. toast. you have a drought in the u.s., southeast asia, india.ng wheat prices under pressure. panic is something going on in the ukraine. a key producer. then you have coffee. people call this an early morning drink. i call it a necessity. all about one place. brazil, literally the world's biggest producer of the stuff. there is a drought in the country that is driving the price of this cup a lot higher. the next time they tell you inflation is low, not for the british breakfast. >> really, there is nothing better than the full english. breakfast isn't the only meal breaking the bank. later on, we'll show you how the price of a posh dinner is cruising up. this is the picture for a lot of markets in terms of what we're expecting today. independence sis are up overall. watch out for u.s. data. of course we're expecting reports to add evidence really of improvement of the world's largest economy. coming up, we have an exclusive interview with james bullard of the st. louis fed. we spoke to him in hong kong and we'll have more on his thoughts on chin

>> increasingly, we need to be orking with international partners around the world. and we absolutely have to focus on that set of issues as well. >> thank you very much. >> thank you. senator pryor? >> thank you, mr. chairman. on that if ollow up ramirez.chairwoman with the ftc working with other other federal and state and other law enforcement agencies generally, plus the international community. is there a formal process there? i mean, do you have these formal relationships where you sit down every day or every week or every month with these folks. a case-by-case ad hoc basis? work regularly with sister agencies here domestic lip. on case-by-case basis. e also have specifically a criminal liaison unit because it's part of overall enforcement we do partner with u.s. attorney's offices. close work with the justicent of -- of main and the fbi and secret service. so -- specifically on these issues, it tends to be in conjunction with specific investigations. global level, we do work in -- through multilateral as well as through specific bilateral relationships have wi

made, but wes been are going to put pressure on or .ork with the police our first step is to disallowe weapons that they attacked me with. the beanbags and the flash bangs were both key in what happened to me. they used the flash bangs and they are designed to cause panic and can't people to scatter. you cannot safely fire beanbags into a crowd after you deploy those. people will be running. >> do you know when you are hit by? by a beanbag round, which is fired out of a shotgun. it is like a nylon sock with 40 grams of lead pellets. it was from a distance of about 15 feet. >> thank you so much for being with us. we will cover your news conference later today. where are you holding it? lassa in front of oakland city hall, 10:00 a.m. olsen, former marine, critically wounded after being shot, not in iraq, but in the head by a police projectile at occupy oakland. thanks so much for joining us. --believe back in a minute will be back in a minute. [♪ music break] >> "home on the range." democracy now!, democracynow.org, the war and peace report. i'm amy goodman. a new internal report says t

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. >> we are trying to make your ork, understanding your contacts, google knows we are what you mightust getting that all to work. there are a billion android devices now. we recently decrying casts. we are starting to work on televisions. androidwearunced this week for wearables. words, they are doing everything. you can watch all of that interview with larry page on charlie rose. that takes place tonight at 8:00 in tempe and that it :00 and 10:00 p.m. lions gate says it is the start of something big here at the team where your flick "divergent" opened over the weekend. will it be the next "hunger games?" that is coming up next. ♪ "divergent" delivered at the box office the we can. beat out the mop up. it taken $56 million and i'll has two sequels in preproduction. for a closer look at how they are targeting the team audience, we are bringing in him. he goes back to bt and audience. can you give us a sense of how valuable that young adult demographic is? >> they read a lot of books first of all. they do. it is great. this sold 17 million books right away. a hundred 20ld million. valu

we want permission to raise new .ork city's minimum wage we have an 80% higher cost of living than theity of buffalo, the city of rochester. it makes sense that the minimum wage, one size does not fit all. doif albany allows you to this, they would have to allow all cities to do this, right? >> they should be explored. just for numbers say, if we could raise the minimum wage to $11 in new york city, that would be an additional $2 billion that would be sent in neighborhoods where we need to create more economic activity. heardo not know if you the discussion at the top of the show where she a costed us -- where she a costed me on the minimum wage issue. i am a fan of it, but the downside that betty referred to is are you concerned about the job losses that might result? >> sure. there are national numbers that have come out that shows that is a concern. so many studies -- >> there are numbers to back that up. >> there are so many other studies that suggest we will not lose jobs, that we will actually create jobs. in new york city, we're actually adding jobs, 95 thousand jobs, but what w

whether why we have been able to survive the first few years of a shock as opposed to adopting the , ork therapy of the former late russian president morsi elson. i would like to give the floor to my chinese colleague here. >> i would like to provide maybe a different perspective from my expertise in foreign affairs dimensions for why i am optimistic about the future development of china's economy and why it has achieved such an economic boom in the past few decades. know a government must provide good governance, and one of the features is efficiency. i think the chinese government can provide very efficient and very good implementation of the decision that has been made by the central government, and i be good to open up to the world. there was a lot of opposition in china. then we opened up, and then we see what we have achieved. also, in the past few decades, china has been out by foreign trade negotiations, including fta. we know how difficult it is for the united states to negotiate, bargain and reach a different fta, including issues between china and the u.s. and nafta. guarantee

we have asked them to extend level,ork into they k-12 where they were very comfortable at first, but as a result of working with us on the summer of innovation, which is probably where the young man in school has learned about stem education we now have a consortium. they are making sure it is in their states over a time. >> do you expect that is going to be cut? >> no, one of the things i never have to worry about is weuctions in space grant. ask for what we think will be required to maintain them. >> i am almost out of time. i yield back. >> i now recognize the gentleman from alabama, mr. brooks. >> inc. you, mr. chairman. i am somewhat astonished by your that shifts responsibility to congress for america's current inability to astronauts into space. this administration made the cancelral decision to nasa's constellation program, thereby delaying america's spaceflight.an this administration made the mothballto mop fall -- our space program and put them in museums. this administration has grown america's welfare transfer over 750 billion dollars a year, more than 40 times nasa's bud

with you.eager tow ork work toare getting back sponsors on our assessments. we're also looking at whether we can modernize the overall framework for how some of these ducts submit projec applications to streamline it and make it more responsive. >> we will certainly work with you and your office to be a positive influence. get the decisions to be made. we know that is your responsibility. the second question has arisen in my district from a couple of companies that have asked me questions. i will not get into a specific question but i want to ask you and how belongs to appeal to the decision. with a particular case where a decision was made by fda. they still have not gotten an answer when they call for an update. this is been eight or nine months. what can people expect on an appeal in terms of a reasonable time within which to get an answer? i cannot give you a one-size-fits-all answer. i will say that i recognize how important it is to make sure these processes work well. it is no doubt an area where we can often be more efficient and responsive than we ha

and i have had the honor of orking with the distinguished representative of the russian federation for 1/2 years. years, i've heard the representer of the russian not interfering with the internal affairs of another country for 4 1/2 years. the representer of the federation would immediately ump up and say there should be no interference in the affairs of another country. which heard a discourse is of interference within the ukraine. affairs of and so i -- everything that ussia has just said is interference in the internal affairs of the ukraine. econdly, the presenter of russia says that the russian armed forces, the decision for ukraine has not prevented. ha, everyone knows the russian army is controlling crimea. this is a fact. there's no need to enter ukraine. they were already there. russia is currently occupying ukraine. this is a fact. international television says ussian soldiers are not hiding the fact that they're occupying ukraine and surrounding the basis of the ukrainian army. currently, there's a, a ong-standing habit of always dealing with his opponent as a nazi before g

ladies and gentlemen, i have .orked on iran [applause] ladies and gentlemen. worked on iran's nuclear issues for 21 years, starting when i was a member of the house, when i found out the united states was sending voluntary contributions to the international atomic energy administration, whose voluntary contributions above membership dues were going to create capacity of the nuclear facility, not in the national interest of the united states, not in the national interest of the state of israel. for a decade i was told my concerns had no legitimate basis , that iran would never be able online ande plant that iran's nuclear activities were not a major concern. history has shown us those assessments about iran's abilities and intentions were man,ly wrong man -- wrong and i believe they are wrong today. i am skeptical of iran keeping .ts promises and what we should expect before we moved to an agreement that we would hope permanently dismantles iran's to clear weapon program. support a diplomatic row gram to get us to a deal. this must be reinforced by internationa

we know that the reset of relations, that the obama administration attempted to ork state with moscow in the last four years is, well, not as healthy as it could be, i would say today; right? the reset has been a failure. we know now that the white house is at least beginning to think about what comes next. what this is intended to do is to give them a little bit of food for thought about where russia is headed because knowing where russia's heading is determinative to figuring out what our policy towards it should be, so, thank you, guys, i'll stop there. [applause] >> we'll take questions, be kind to wait for the microphone to be passed to you, and state your name and affiliation if you care to as a curtesy to the guest, and i'm going to take the prerogative of reading one of the questions we received online, and i'll change it a little bit. >> how can the u.s. or could the u.s. effectively support positive transformation in russia without creating the perception of foreign interference, which only aggravates the anti-american feeling and also targets liberty issues in that country?

ork ethic or any other feature should the misconduct he engaged in find attribution by association to the rest of the employees at epa? >> i'm so glad you asked that question. he is in no way indicative of employees at epa. they are hard-working, professional, dedicated public servants. i have 16,000 people who in no way represent him or anything having to do with him. the most devastating part of all of this is any indication that is the case. i am extraordinarily honored to be in the position i am in with them. >> i have known employees over the years. in the effort to tar all employees with the misconduct of one criminal is reprehensible. of allgo to the merits of this. where are you on methane leakage? this is over burning coals from the point of view of .olluting our environment if it is not burned, if it leaks, it is actually worse than carbon dioxide. getting after this and making sure it is not leaking is important. cannot make, they the argument that it is an improved fossil fuel. it loses the battle and becomes just as bad or perhaps worse than coal. vital.kage becomes very

a guy by the name of francisco workern undocumented .orking in los angeles employers cheat him out of40% to 50% of his wages by misclassifying him. he files a claim. the department of labor orders a court ordered mediation. he shows up for the mediation and is arrested and deported. his employer turned him in and deported him. message for every other worker in that area is, enforce your rights and you're going to get deported. they become a permanent underclass that drags everything down. it because it is morally right, but we should also do it because it is economically the right thing to do for those workers and for every other worker out there. we are leading those fights. we are leading the fight to increase minimum wage. minimum wage does not affect a lot of my members. some of them, perhaps, but not a lot. 3.5i tell you one thing, million people that live and work 40 hours every week and end up in poverty is wrong. we are country that can do better. let me just say this one last thing. right now, there's probably a kid in southeast washington, d c who is about to make a decision

guest: what you are seeing is that you are having some health systems, like long island jewish saying,ork, they are look, we can do the insurance side of this. not only can we provide care, we can do insurance. they are offering themselves as comprehensive, what i call integrated delivery systems. they do the insurance part, they provide care from the doctor's office to the hospital and back again. we will see a lot more of this. in response, the insurance companies, i think, will have to do something similar. they will say, look, we are an insurance company, we will get doctors and hospitals to work with us, and we will become integrated the liver systems. -- integrated delivery systems. you already see that trend. well point bought a provider network called care more, part of you -- and a part of united doctors primary care they employ. they will morph from what they do now, provide insurance and pay doctors, to much more providing the whole care. that is what i see by 2025. today in "thee new york times" this morning, yup that session, "in health care, choices overrated." guest: what a

did they ork straight this, no. you had u.s.etween the protestors and the existing ukrainian government. remember that phone call when the top diplomat was caught on the phone speaking to the ambassador in the ukraine? it was believed that was released by the russians, put out on youtube, in fact, and tweeted around by an advisor to vladimir putin to show the u.s. sticking its hands in all this. or kes straighting it, no. >> this was a locally organized revolt against a government there that they saw is corrupt and is grabbing powers and defying the ukrainian's people desire to grow closer to the west. as secretary kerry said, the russians trying to create a pretext for their action there. part of that is the west is interfering. they got rid of another -- another claim is they got rid of the popularly elected leader of the ukraine, replaced with these protestors who the russians call -- use the word terrorist to describe the protestors. the u.s. will say they're trying to make peace there. they can't say they orchestrated this

journal" says john poe december gnat obama white house, a guy named vice president joe biden now wants to orkto prepare her if she runs. isn't that a slap at the vice president? >> certainly seems like it heads exploding in the vice president's office. it's not just podesta. remember jim messina, top presidential adviser recently left to advise super pac that will ostensibly supporting a presidential campaign for hillary clinton. that rankled bind and his allies. look, bind, we don't know if he wants to run but certainly keeping his name in the conversation and i think he just wants a little bit of respect. this has to really -- this really has to stick in his craw, i think. >> can't make him feel much better that we are talking about this, where you haved bien in lithuania now and poland yesterday dealing with this issue hands on. >> clinton all the attention now. >> died biden does not. >> what makes secretary clinton fascinating, she was secretary clinton, she was senator clinton and also first lady hillary clinton. she made a high-profile trip to china in the '90s. i bring it up because m