an unaffordable health care system deformed by health insurance, hospital and drug companies, complexes that hike costs so that americans pay twice per capita what other citizens in other industrial countries pay for worse health care results. to revive the american dream we have to take on the powerful net profit from these arrangements, not the vulnerable who are their victims. so this is not a question for one president, one election, one administration. we're about to head into what they call the grand bargain, i think. right after the election we hit a fiscal train wreck purely made by the politicians in washington, and it's being used as an excuse, an excuse to cut a grand bargain. shared sacrifice is necessary, we're told. it's time to put our books in order. let's do a big trade. let's trade cuts in social security and medicare for tax reform that lowers rates, closes loopholes and gives us more revenue. this ought to be known instead of the grand bargain as the big heist. [ applause ] >> but be clear about what it means. what it means is that we accept mass unemployment as norm

college will soon become increasingly unaffordable of costs keep rising. tuition at georgetown university is up 3% from 2011-2012 school year. burger king is ready to offer as a new desert. i have one word for you. bacon. i am reporting for abc 7 news. >> are you sure they are not too late to the bacon parti? >> bacon is taking over. >> we're looking at 66 degrees. >> trouble for the wife of george zimmerman. why she ended up in jail yesterday. >> a change for customers on metro's red line. >> we will take traffic and weather every 10 minutes early on this -- what is the >> ahead of the ghetto forecast. we have a few showers up until about midnight. this guy is gradually clearing. you can just see the moon -- the sky is gradually clearing. the can see the moon. the showers have moved offshore. they are in the outer banks. our skies are gradually clearing. do you have a good amount of sunshine. 70 degrees and the district. 67 in cumberland. 64 in gaithersburg. there is a but it humidity in the air. that will change. the humidity will be dropping by lunchtim

it becomes expensive and unaffordable if we do not start thinking about shared values and shared livingndards. that is why i am also excited about the movement about our shared economy. you are part of that. we can reduce the footprint of our people, and more people can enjoy the richness of our city. i am year for all those reasons as well as what you mentioned earlier. they are coming back, and we get to celebrate that with you. five years from now, 3000 employees here at full power celebrating an nba championship right in our water from rita. this will be great, right? first of all, thank you very much for being part of a great company. thank you for so many of you living in our city, and thank you, alex, and the whole staff for having such a great model for clean tech, energy- efficient, and thank you for partnering with the city. we will find those opportunities to partner with you. you have a great model, and we are going to search for ways to do that. already been educated about what i do not have, which is digital thermometers in my house. i have a baby thermometer. that is how

because this is the unaffordable care act for the troops. but that's the thing that will strike me that this decision to make, it is from the absolute chaos matter. the court said, at least john roberts said, that the commerce clause does not justify the individual mandate. and that is something that a number of us would argue in a hong -- for a long time. then he went on to say that you can do the same thing under the taxing power. not even the governor argued against that. now what you have is a very restrained chief justice who calls for the judicial modesty, essentially making up the law as he goes along, doing it in the medicaid part of the bill as well. >> reporter: moments ago you call the decision appalling, kathleen? >> reporter: well, you know, first of all it will be interesting for you and that is the conservative republican appointee. they found it constitutional. now we can move forward. we can move forward to make sure that in 2014, you know, the middle class working families, they get the robust subsidies to help them purchas

it is unaffordable to an entire section of the city. i assume it is not within the context of eir, but to see existing mapping of affordable housing and to get a sense of what that would mean in relation to this plan. >> i want to thank everyone for their comments. we're at this stage of finalizing the first round. we're going about 18 months to a who-your hough's-- to a two-year eir. i will say that this is the first planned area that will start and hopefully and on my watch. i would think that we agree that there is a lot of background here that we haven't presented. i assure you that this is not about throwing darts. there is nothing random about our thoughts. i would be happy to come back to you on a regular basis to give you the background information for why we have proposed what we have and happy to talk about the rationale for the office space and the emphasis on office, one of the true reasons for doing this plan to begin with. the incumbents, the building type mix, the zoning as we know is a blunt instrument. we will lose the

but we will engage everybody in the process so that -- the hope is that muni never gets unaffordable and still meets our transit needs throughout every place we need to go in the city. that is where we have to make sure this system is strong enough to withstand that and to be our muni system, rather than something that might be ok for some, but for the majority either too expensive or cannot get there or cannot get there in time. a lot of complications that we are monitoring very carefully. [applause] >> other questions? yes, carmen, you have someone in the back. >> supervisors and a year, i am annie chung, a sunset resident all my life. a lot of the seniors feel unsafe in the intersection of 31st and noriega where the new church, safeway, and a lot of restaurants are. they have been asking mta to do a study to see if you could install a traffic light for them. and the answer is, oh, it will take a long time. bottom line, it is probably not going to be possible. can you make it possible? because a lot of seniors use those streets, and they filled very unsafe. [cheers and applause] >>

so, proof that they still have access to money, but in the long term, it's unaffordable money. of course, the reason i've been reading from some of the experts is it was somewhat successful in the fact that they still managed to raise the money was the talk of a bailout for the banks. that's the big focus at the moment, of course. it's not a matter of if. it's a matter of when, and just how much is this whole in the banking system. some are suggesting it could be around $100 billion. of course, the question is, what sort of -- the bailout, how will that look? spain kind of wants it through the back door. spain wants a bailout, but it wants the money to go directly to its banks, not to the general coffers of the government, because that way they wouldn't have to follow the very harsh measures that come with a bailout, some say the i.m.f. or the e.u. now, germany and many are opposed to that, but the other question is depending on how much spain gets, what does that leave left in the emergency pot for the others? portugal is very likely to need further bailing out. a lot going on

we have to ask ourselves whether the status quo and expensive and unaffordable status quo is the best way to address the problems that congress has set itself up to solve and i believe that there are many better approach toes that and i thank the committee for its attention to these issues and look forward to answering your questions. >> thank you. mr. edwards. >> thank you very much, chairman ryan and ranking member van hollen for inviting me to testify today. i'm going to talk about corporate welfare, entrepreneurs and economic growth. i'm going to discuss four reasons why corporate welfare is bad and i'm going to talk about the real solution to u.s. economic growth, which is unleashing entrepreneurship. the first reason why corporate welfare is bad is it costs money. we have trillion dollar deficits right now. we can't afford corporate welfare or business subsidies. i estimate business subsidies are about $100 billion a year it's a small part of the federal budget but it's a good place to start cutting. farm subsidies are in my view like a reverse robinhood program. farm household

this law remains unworkable and unaffordable for the country. even one of the president's own goals that he purported during passage of the law, which is we want to reduce the number of uninsured. that's why we're doing this health care law. it's actually continuing to be weakened and it's crumbling as we see this law come into place and i would argue that the decision itself makes that argument even weaker. which raises the question if the goal is to reduce the number of uninsured as what this health care law was promised to the american people, what is its purpose if we're not reaching the goal of the $2 trillion health care spending bill? i'm going to look at the implications of the now individual mandate tax as well as now the voluntary medicaid expansion and try to kind of sort out what does this mean for that goal and for the goals of what the president has argued? as was already noted, the decision changed the individual mandate from a penalty to a tax. starting in 2014, the tax will now be the greater -- you'll either pay the greater of

insurance companies don't have a business if health care is so unaffordable that no one can buy it. when you think about how much money the u.s. spends on health care, today we spend about 17% of our gross domestic product. projections are that we'll spend about 21% of our gross domestic product in about ten years. that means we would go from spending $2.7 million to spending about $ -- excuse me, $2.7 trillion to $4.7 trillion. that's $2 trillion more. >> wow. >> i think the health industry, health insurers can play a fundamental role in improving quality and a fundamental role in digitizing the system, and really, also getting patients and members engaged in their own wellness. >> yeah, that's important. getting engaged is so important because a lot of people still don't even understand what's in this law that is now the law of the land. ron williams, thank you so much. nice to see you, sir. have a nice weekend. >> thank you. >>> up next, the truth about what the affordable care act means for small businesses. a fact check on what the legislative will actually mean for jobs. [ man

i thought the unaffordable care act. the only people making money off it are the aarp.his is a fortune 500 conglomerate. somebody asked me once jim, does this bill make sense to you and the seniors of 60 plus. i said no, it doesn't make -- well, it does make sense, dollars and cents to the aarp's bottom line. they've been making millions of dollars on the backs of seniors and i'm out to stop it. last year they made $600 million in profits. how does a nonprofit make $600 million in profits? i haven't figured that one out yet. i've been in this town 50 years. we're not selling anything at 60 plus except a philosophy. it's limited government, less taxes and adherence to a document called the constitution. i want to also thank ralph reed for putting on this conference. one other point on my group and the aarp. they tout another entertainer, harry belafonte. he's a great entertainer. he's so far to the left he makes the president look pretty moderate. he likes to hobnob with ahmadinejad and chavez, as colin pointed out, our spokesman at 60 plus, are proud to announce the sin

college will soon become unaffordable if prices concede to rise. costs at johns hopkins are up about 4%. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> 6;20. brian roberts makes up for lost time -- 6:20. an amazing comeback performance. >> here is a look at last night's winning maryland lottery numbers. >> now traffic pulse 11 and insta-weather plus together. >> good morning. sarah caldwell checking on your morning commute. your wednesday it looks pretty good. the roads are dry. it's a problem at shannon drive, an accident. to one on the north side outer loop. so far so good on the west side. down towards 70 and baltimore national pike, 39. starting to see some sluggish spots. fort avenue will close tomorrow morning for sailabration events. here's a quick live look at traffic. southbound traffic is starting to build out of white marsh down towards the 895 split. this is 295. we're seeing some intermittent delays down towards 32. that is the latest on traffic pulse 11. >> good morning. there's nothing going on

there is a lot of tinkering with it, and we still have unaffordable health insurance and people haves access to care because they have detectables and inadequate coverage and co-pays. many people don't use healthcare even if they have insurance. theythey don't have access, but they have insurance. >> john: what do you say mr. hupfeld, what kind of system could america hope to implement that would help many americans. >> i outline many alternatives. we need to change the whole insurance industry into not for profit. one-fourth of every healthcare dollar goes to collecting bills. it does nothing for patient care. we're taking an adjudication process, comparing it to a benefit package and paying the claim and we're pretending that that's insurance. we do have to reform that. >> john: exactly. what you would you both say would be the impact on patients and the system if the entire bill is thrown out tomorrow. >> i hope if the entire bill is thrown out and we can't be mandated by private insurance we might then be told why don't we go to a not-for-profit public healthcare like every other

unaffordable, ill-advised program to help with the healthcare challenges and it causes more problem with system. it's another example. >> bob: deception, does it include the death panels that were never read that you said were in the bill? >> it's in there. >> bob: is it? >> there is a bureaucratic panel. the acronym is the ipab. it will be a board that will tell you, bob, whether your level of productivity in society is worthy of receiving the rationed care that will be the result of obamacare. boston that was a case i'd be out. >> it's common sense to ever consider that healthcare won't be rationed when obviously with more and more enrollees in the program and fewer and fewer services being provided, because it will be inefficient and expensive and bureaucratic, of course, healthcare in a socialized system which this will become, it will be rationed. >> greg: governor, way to put bob in his place. nicely done. he is speechless. to your point, "daily mail" in u.k. reported 130,000 elderly patients are euthanizeded prematurely because they don't have enough room for beds. that goes to yo

. >> he says the bailout of taxpayers is unaffordable. >> bret: carl, thank you. the federal government says the healthcare costs are projected to rise steadily for the next ten years. in spite of the new healthcare law. spending is projected to go up almost 6% a year through 2021. that is almost a full point faster than the expected growth in the u.s. economy. president obama says his duties kept him from campaigning for the democratic candidate in the failed recall of wisconsin republican governor. >> as president of the united states, i have responsibilities. i was supportive of tom and have been supportive of tom. obviously, you know, i would have loved to have seen a different result. >> republican party spokesperson said he attended six rundraisers prior to the election. no grapevine tonight. up next, president of israel on civil war in syria and iran's nuclear threat. ♪ [ acoustic guitar: slow ] [ sighs ] [ announcer ] all work and no play... will make brady miss his favorite part of the day. ♪ [ upbeat ] [ barking ] [ whines ] that's why there's beneful pl

[ buzzer ] >> they did say 3 to 5 million americans might choose to switch insurance from an unaffordable one through exchanges and subsidies so actually those americans will have plenty of guaranteed affordable options. mitt, mitt you are running out of turns. all right, one more. >> obamacare makes its less likely for them to hire people. obamacare is a job killer. [ buzzer ] >> survey says -- [ buzzer ] >> actually, no. millions of small businesses will be eligible for tax credits, to help pay premiums or to enter exchanges. some workers might leave their jobs, but only because they would be able to do so finally without the fear of loss of health insurance. it may make our work force more flexible and dynamic. mitt you have one more thing to say? >> obamacare was bad policy yesterday. it's bad policy today. obamacare was bad law yesterday. it's bad law today. [ buzzer ] [ buzzer ] [ buzzer ] >> as far as the individual mandate goes let's leave it from this guy from yesterday to explain why your opinion today is wrong, mitt. >> with regards to the mandate, the individual responsibility

i think any time it's unaffordable, any time you can't repay based on your salary, you've taken on tooare you doing after you get that degree is absolutely. thank you. we appreciate it. upload a 30-second video with your help desk question. this is $100,000. we asked total strangers to watch it for us. thank you so much, i appreciate it, i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money ? if your bank takes more money than a stranger, you need an ally. ally bank. no nonsense. just people sense. ...more talk on social security... ...but washington isn't talking to the american people. [ female announcer ] when it comes to the future of medicare and social security, you've earned the right to know. ♪ ...so what does it mean for you and your family? [ female announcer ] you've earned the facts. ♪ washington may not like straight talk, but i do. [ female announcer ] and you've earned a say. get the facts and make your voice heard on medicare and social security at earnedasay.org. >>> mitt romney kicks off a bus tour on president obama's t

unaffordable and very unpopular. >> well, as you just heard, president obama did not mention the health care decision in his weekly address. appearing to back off what democrats in the the white house were praising as a victory. and meanwhile, governor mitt romney says the supreme court ruling creates a compelling case for change in the white house. >> this is a time of choice for the american people and our mission is clear, if we want to get rid of obamacare, we're going to have to replace president obama. >> governor romney has gotten some 4.6 million dollars in donations from 47,000 individual donors in just the 48 hours after the ruling and republicans are hoping the supreme court decision will continue to rally the base. according to a new usa gallup poll. americans are evenly divided on the issue. what does it mean for both campaigns in the months ahead. angela mcglowan is a political news analyst and the president of the new ice communications and the former spokesperson for vermont governor howard dean. thank you both for joining us. >> thanks for having us. >> thanks for havin

last who agreed to vote for the affordable health care act that he knew would leave health care unaffordablepeople. dennis kucinich knew how to help those 26 million people and everyone else. he knew the right reform was to open medicare for all. medicare is a system that works, medicare is a system that is popular. medicare is far more efficient than for-profit health insurance. dennis kucinich knew that medicare is the only real answer, the only complete answer to america's health care coverage crisis, but he knew he wasn't going to get a chance to vote for medicare for all, and so he did what i probably would have done in his place and voted for a highly compromised bill that he knew was the best he could get at that time. dennis kucinich and other liberal members of the democratic caucus in the end made the calculation that the bill was better than nothing. better than nothing. dennis kucinich didn't get brainwashed in the process. he didn't become a mindless cheerleader for a highly compromised bill. he never forgot the 26 million people who were going to be left behind without a plan t

the supreme court may have ruled this as not unconstitutional but it is still unpopular and unaffordableor i will tell you it is unworkable. >> sean: because they used the reconciliation process to pass this is important because the supreme court ruled this is a tax that is important. because at that point you only need 51 points, correct? >> correct. we could get this done with 51 votes. at the a minimum we could get a repeal of the affordable care act's provisions dealing with the individual mandate since they have been deemed a tax. we know we can get that done with 51 votes. there are other provisions in the affordable care act we could also accomplish through the same mechanism. whether that happens this year or in the next congress after the republicans take the majority in the stat remains to be seen. we can get this done with 51 votes. >> the likelihood of the democrats obstructing is what percent? >> i think it as very high percentage. plus, even if you got the reconciliation, the 51 votes now in the senate sean it still goes to president obama who i would imagine would veto it.

single euro to the healthcare benefits or the prescription drug benefits or their ridiculously and unaffordablend kid benefits. you did. you created the safety net. and now you are throwing us under the net? i don't think so. we are many things in this country, but even our most gullible institutions aren't half that stupid in this country. we have enough time cleaning our financial messes without having to take the blame for yours. we are knee-deep in our own entitlement which look spartan compared to yours, by the way, to even remotely take the fall for the sham of a system that is totally yours and getting much worse every day. our politician might have been late for that accounting class. but you pathetic finger-pointing socialist didn't even bother showing up for the class. no class no, guts, no gumption, no glory. the next time you blast the u.s. for all that ails you, remember who magically appears to save your sorry ass every time you can't pay the bills hitting you. yep. greedy u.s. banks. who might have a vested interest in your sorry survival. but believe you, oh, me, might start thi

in a 2700-page bill that to me is unworkable, unpopular and truly for the nation is unaffordable. >>hone next week. we may be talking to you again. >> i look forward to it. thanks. >> many thanks to senator john barrasso. thank you. how hot was it? this will relate. they're going to install a fan in the debt ceiling. >> that's good. >> if the supreme court strikes down obama care there is an expectation it could fuel a hiring boom and send stocks soaring. what if the supremes uphold it? will democrats dance in the streets as the economy heads down in the gutter? oh, boy. it's so inflammatory, david. i didn't write it. i just read it. here is david goodfriend, sirius xm left jab co-host and former clinton white house oishl official. you don't think that would help business or business sentiment if the supremes were to overturn all or part of it. >> when you take apart what's at stake here the result of a supreme court decision is probably overstated to the american business community. here's why. if the supreme court were to overturn the individual mandate as opposed to overturning th

these are entirely the question of soaring health-care costs and an unaffordable health care system formed by powerful companies. americans pay twice per capita what other citizens in other industrial countries pay for worse health care results. to revive the american dream, we have to take on the powerful and profit from these arrangements, not the vulnerable, who are their victims. this is not a question for one president, won election, one administration. we are about to head into what they call the grand bargain. i think. right after the election, we hit a fiscal train wreck purely made by the politicians in washington. it is an excuse to cut a grand bargain. shared sacrifice is necessary, we are told. it's time to put our books in order. let's trade social security and medicare for tax reform that lowers rates, closes loopholes, and gives us more revenue. this ought to be known, instead of the grand bargain, as the the highest writ -- as the big heis t. [applause] be clear about what it means. it means we accept mass unemployment as normal. we are turning towards balancing our budget