believe the administration is running the country in the wrong way, for example, imposing obamare when yououee it is going to be a train wreck -- that is a success of the congress. that i is not a failure. >> there are people who voted for regulation of the financial industry who then went a about trying to not enforce the law they just voted for. i think the root of much of this is money. we do not seem to have a way to limit the amounts of money, who gives the money, how it is routed through congress, through various power centers, through outside groups who are increasingly not disclosed. that weecome such a web have billions of dollars that go into our campaigns. we do not know wherre it is from and we do not know how it is being used. it has some very unforeseen, to most people, consequences. >> citizens united, supreme court. >> stop looking for devils. we are the devils. the problem is tnspancy. now we have 24/7 new cycle. everything that is done is kwn instantly. if the passage of social security and medicare d been subjected to the same kind of news coverage we are giving the afford

take youou say?ed to be ate buffoon. >> little bit more. >> you can kind of go far in the direction of being a moron. ond people tell you good job. >> reporter: we had a good time. there were some days that were pure hell. i mean. pointing? you keep pointing? >> i know. >> i know. i was p pointing at steve. no one-on-one. i was pleasant to you. i don't know why your eyes keep darting to me. >> i picked you out as most unpleasant of the group. unpleasantright. everybody. >> there as good a human being as you hope they are. that's the truth. everyb >> that its the truth. as goodtake that. >> reporter: all right. ope they are. eporter: all re'll move on. >> i don't know what to. >> he did it again. one little last darting eye shot .t me. >> i'm nick watt for agightline." lastll yourself together, man. >> in santa monica. >> anchorman, the legend "nightline." continue thousands, opens in theaters nationwide tomorrow. up next, who do you love? perry and j katie perry and john mayer are making sweet music

. >> youou can't exploit the child leiber. >> we should have a calculator. >> it is just a pile of rocks but china andapan lay clm to extended itsa has zone to include the airspace overer those islalands. this could getasty. >> it cod and we have not helped our allies, the japanese. we did do a good thing. we sent a warplane without exceedg the chinese demand, asas a way to say we doot recognize this changing of the status quo. >> we are telling thehe commercl pilots to stay away. >> the japanese followed us with the warplanes. they also instructed the civilian aircraft to ignore all of the chinese demands. so we leleft them a little bit hangnging but woe, when joe biden in china, we seem to have buckckled and rather than demana withdrawal, we seem to let the chinese go south. -- go soft on enforcement. the japanese are left hanging. the koreans and the philippines, everybody in the pacific is looking to the united states and saying, are you serious protecting us?s? >> what about that? >> we have to keep all of the shippingines and trade les open. no question about it. we arere coming la

what does this tell you about how ten youous security is in the country of russia given that this attackace two months after a similar attack? >> it shows you how determined the caucus is to remind the western world that there is an insurgesy in the caucuses. so i think the russians have a hard time on their hands trying to tamper down the insurgesy in the region. does this say that there can't be security strong enough to be put in place in russia to protect the thousands of people who will be descending on sochi for the games? >> i don't say for sure. but getting in the wider region, it is an unstable region. the thing is that the site of the olympics was an ancient center for the people who were exterminated by the russians in the 919th century. that was the goal to remind people of the genocide of the 1860s. what do you know about this label so called black widows in russia and does that apply here? >> it does. the black widows have been used over and over again. recall if you will in 2002 black widows were in gauged in the crisis and they have set up in metro moscow and brought down

youou move through 2013, start to see that confidence comeback.ity levels, the second half was better than the first half. >> is 2014 going to continue on that trend? where is the confidence? a lot of times, we speak to bankers and ceos and they say, i have the cash, but i want to feel comfortable when i do a deal. >> budget deals in the u.s., that is very helpful. economic growth in the u.s. is picking up. you go back to europe and there was more significant downside in the european markets. that is somewhat off the table. we are not out of the woods, but people feel more confident. china's new leadership is in place. we are seeing progress in japan. picture at the global and you are seeing less downside risk and more upside. you are seeing people starting to commit capital and build their businesses. you see the main trends in 2014? is it certain industry groups? or is it going to be a new group? >> i think the telecom is a great example. a single transaction can set up a whole wave of consolidation. you saw carlos slim come into kpn at the begi

youou take all of that, have some very serious challenges over several decades. are making progress. if you look at the last 12 months, real wages are up 1 percentage point. we see nominal wages strengthening. one year is not going to get you out of the problem that was 40 years in the making. >> you tell me that your mother watches this show and reported back to you what larry summers said to me. him the same question, what happened to people who no longer have unemployment insurance? they have no job, they have a family, -- >> congress can extend unemployment insurance. we should prevent these after 1.3 million people from being put in that situation that you are describing. >> there's also obama care. what impact will that have on healthcare expenses? what impact will it have on the deficit? what impact will it have on people who have been dependent on the insurance that they have had? that's where the real untold stories in this economy is that the last three years, we have had the slowest growth in per capita health spending in the last 60 years. that is jus

you know, we are always talking of making sure youou do these projections to know what you will comemenic is saying your estimated perry covers january 15th. like we said earlier, there are a lot more taxes to be added 2013 and 2012. if you don't do those projections you will know whether you should be making a larger permanent. the other thing, differentiate between the date because for state purposes you may want to make that payment of four years because then if you're able to get the benefit of the tax deduction, the state back -- tax deduction on your federal return he'll want to wait until january. you want to make it this year. accelerate deductions. that is one of the things we talk about. accelerate deductions. that is one thing you want to look at. gerri: we have not even gone through the conversation about what's going on with some of these deductions and higher income brackets. curtis storage, dominick. don't go away. we will wrap up the show after the break in answer more of you questions about taxes. give us a call. give us a call. the phone number is right there. every

youou are joining us here, do the special effects for one of the movies. the holiday movies, are you spending your time watching the storylines or are you looking at the special- effects? the am looking at storylines. you go to movies to watch the story. overat point the work is and done with. i notice it and i take stock of it, especially with the award season coming up. there to enjoyre the movie. >> how you get into your line of work? i know a lot of people who have grown up and want to be movie directors or actors. do they grow up and say they want to be a special-effects actor? the past you made miniatures and did things with super eight cameras. -- i wasterested in interested in computer graphics. the first films i worked on was jurassic park. having gone through that experience and being able to create those dinosaurs, it opened up a whole new world for directors. >> to the special-effects make it so directors and movie studios cannot higher that don't movie studios don't higher a-list stars? -- goodant good effect actors for your film. if you need

youou like a dry champagne, are going to look for brute. >> give me some names.ing roget and winston churchill. you have champagnes that are on the full bodies, kind of like the marlon brando. krug, bollinger peter -- bollinger -- those are full body. how about sparkling wines from out of the champagne region? it is probably a good -- it is it isly a good -- probably a much better value. >> you see a lot of increase in french bubbly that is outside of the region. for $12 at one bottle, which is a great value peanut probably one of the most undervalued bubbly's out there. >> this is madonna's favorite champagne. can a celebrity make a bottle of campaign -- of champagne the echo -- of champagne? champagne.s his own a celebrity endorsement has always surrounded champagne, ever since aristocracy. >> let's go to the other end of the spectrum, champagne on a budget. what is the best sparkling wine? if all you want to do is spray it around people -- >> if you are actually going to not drink it -- >> at least we know what scarlet's new year's eve is going to be like. >>

youou are on food stamps, ought to have to qualify for them. you arehn in georgia, on the air with randy neugebauer , republican of texas. negotiating over a five-year farm bill. caller: good morning. year math, $4 billion a out of almost $80 billion a year program. that is about 6%. isee people every day -- need a cab --that do not food stamps that make more money than i do. charge moreds to prices than grocery stores. it is amazing. every day i see this. i do not take food stamps. i made $15,000 last year. i do not believe in taking something i do not need from other people. i kind of consider that stealing. we spent $18 billion a year on food stamps and now we are spending $80 billion? i wonder how many votes that is buying. i heard one of the biggest fallacies ever told repeated once again by the president yesterday, trickle-down economics. a quick assessment of the so- called job creation in this recovery. $7.8 million. go back 30 years ago. 1982, wember of created 11.5 million jobs. look it up. guest: thank you, john. he is out there work

point in time, i would -- youou have to move would have to tread very carefully in this area with respectto new sanctions. the sanctions were successful was because they are international sanctions. the united states did not have a close economic relationship with iran. they're successful because we have european partners, the indians, chinese, turks, russians and others to participate. to the extent that our allies do not think that we are serious about pursuing a diplomatic solution first, we have a real risk that they will no longer participate in the sanctions. then you end up with the worst of two worlds -- no sanctions, so no more bite, and then the iranians can move forward without penalty of a nuclear program. is not a question of trusting the iranians. it is a question of testing the iranians. we will be verifying every move. i cannot read the mind of the a rainy and's. ians.e iran rouhani whosident was elected on a platform to try to relieve the sanctions because of a terrible economic situation. you also have lots of folks in revolutionary guard and others, who would like to se

youou have mentioned that contacted mckinsey about the readiness of the exchanges before the launch. did the white house encourage you to do this or did you make the exchange on your own? >> we made a decision going forward. i think it is prudent to invite people who have not been directly involved with building a product to take a look at their -- get their assessment on how things are going and what the problems are. hopefully you can take their guys. >> i would like to know what changed because of their report. the president said that people have suggestions to improve what is going on. i am wondering, you have been immersed in this for quite a while, are there some recommendations you have for congress of what we need to do to take care of some of the problems we are facing? >> i certainly think that we will know a lot as we compete -- complete this first europe open enrollment. i would love the opportunity to come in and discuss that with this committee and others. this is, as you know, the final phase of the 3.5 year implementation that has been underway. that we know a lot abo

youou are on food stamps, ought to have to qualify for them. you arehn in georgia, on the air with randy neugebauer , republican of texas. negotiating over a five-year farm bill. caller: good morning. year math, $4 billion a out of almost $80 billion a year program. that is about 6%. isee people every day -- need a cab --that do not food stamps that make more money than i do. charge moreds to prices than grocery stores. it is amazing. every day i see this. i do not take food stamps. i made $15,000 last year. i do not believe in taking something i do not need from other people. i kind of consider that stealing. we spent $18 billion a year on food stamps and now we are spending $80 billion? i wonder how many votes that is buying. i heard one of the biggest fallacies ever told repeated once again by the president yesterday, trickle-down economics. a quick assessment of the so- called job creation in this recovery. $7.8 million. go back 30 years ago. 1982, wember of created 11.5 million jobs. look it up. guest: thank you, john. he is out there work

y why are youou providing health insurance for someone who works 20 hours per week?to make that and a changingin environment you have to say that the reality is not just figures story after story of small-business owners say i did not hire anybody thisnext week or next year because i am worried about thei threshold.do ta i will not take the risk but the message we sent from washington is we will let you know, next year. n that is a frustration that i hear.ha >> fiven lead ad it is an issue cry of for leadership in terms of what you do today and speaking thatcher's coming to some y sort of agreement and to the large business owners other than and the issues being raised issues being raised and the lack of a solution just being acceptable or considered inevitable. we need somebody to -- and a group of people, perhaps, to step up and say, something's got to change. because we can't sit back and watch the train go down the tracks with the bolts flying off. because we know what's going to happen. and this is our country, our economy, our fellow citizens, the children, the

any store youou went into would be collecting money.i will never forget this one society having this huge sign written in blood across the top of it saying "chechnya or coral not only have "chechnya t." they have been electing money andcharitable purposes, experience both in afghanistan, chechnya, and in bosnia in collecting money as well for more militant causes. i think what struck me when i read over this report is that when you look at who is giving money, and the ones that are funding the jihadist interior, it is not so much the main presence, the one you would think of initially. i know the names of all the muslim motherhood charities in weight. they are giving humanitarian aid. even some of the main selafi ones are not showing up, lay. one of the changes we are seeing reasonchanges across the that comes from the media and the empowerment that individuals get from things like twitter so you have individuals that are eiks am a well respected sh that have been talking about international causes. aq asgoes back to ir well. and a lot

before youou try it say, i need a new toolbox? served ins nussle congress 16 years, from 2001 until 2007 and then moved on to the white house. .e is from iowa undergrad at luther college. .ll degree in des moines he is our guest for the next 40 minutes or so. the numbers are up on the screen. david, you are the first caller. you are calling from mississippi . please go ahead with your comments for former congressman james nussle. i want to know why we can send so much money overseas and we cannot attach people right here in america who are suffering? always a problem when it comes to helping the poor, but we can send money overseas to people we do not know and for things we have no idea thanks wa about. that is a great question. it is always a balancing act trying to determine the priorities in the budget. how much goes to programs that help people who cannot help themselves or people who are poor or between jobs and balancing the priorities of our foreign policy. trying to ensure that we are safe and that our interests around the

stop people from ," or "youou are this are that." and know theyrong don't have to go hurt someone.hild is doing certain things that are not normal, the pair needs to do things for the children. host: dennis amber from michigan. off of e-mail -- -- that was amber from michigan. off of e-mail -- john is from michigan, republican line. to the point, my view has not changed on that. i have a couple of things i would like to address. first is the mental health issue. here, state alone probably about 30 years ago, we had a system where people were mentally incompetent or needed help. the streetsken off because of political correctness -- off the street. because of political correctness that has ended. a lot of these people are back on the streets. a lot of these people have mental issues. then they talk about the assault rifles and how many have been used in some of these killings are you take a look at a shotgun, a shotgun is the most deadly weapon that there is. shotgun,uckshot in a in five seconds on a three shot shotgun you can put 45 projectiles out there that will cover 50 foot. th

turn 65, youou have to unroll and medicare unless you have insurance through your employer or a retirementlan. if you are still employed, you would wait and then get your medicare part d coverage when you retire. point, you do not sign up for medicare part d after your open enrollment. -- period, i believe that every month that you do not have that coverage, you pay a certain percentage. 1% per month. that can add up. that is tacked on if you do sign up. they do not want everybody to sign up when they need expensive drugs. this is supposed to be a pool. to oneall contributing another' costs. while you may be healthy today, to more you -- tomorrow you may be on very expensive drugs. host: north carolina. independent line. i'm a 67-year-old with a disability. every year for the last 2.5 years, since a qualified part -- get billed every month from a certain insurance company that says i was put on the program by medicare. i don't use the company, they have no record of me ever using it, but yet every year they say we need bills and we are billing you $36 per month for your drug coverage. they

before youou try it say, i need a new toolbox?ved ins nussle congress 16 years, from 2001 until 2007 and then moved on to the white house. .e is from iowa undergrad at luther college. .ll degree in des moines he is our guest for the next 40 minutes or so. the numbers are up on the screen. david, you are the first caller. you are calling from mississippi . please go ahead with your comments for former congressman james nussle. i want to know why we can send so much money overseas and we cannot attach people right here in america who are suffering? always a problem when it comes to helping the poor, but we can send money overseas to people we do not know and for things we have no idea thanks wa about. that is a great question. it is always a balancing act trying to determine the priorities in the budget. how much goes to programs that help people who cannot help themselves or people who are poor or between jobs and balancing the priorities of our foreign policy. trying to ensure that we are safe and that our interests around the wor

youou do it and lose money, have until next october 15 to say forget it. return and you can get back to traditional. that is the advantage of doing it now. i hope people do not do that next year. if you wait until january, you have until october 15 to make that same change. you will not lose it, but the only reason to do it is so that you can undo it if you have a problem. host: linda is calling from schenectady. caller: thank you for c-span. i have received retirement incentives. i was wondering if that is eligible for conservation of the ira? is it considered earned income? guest: it will be reported on your 1040 -- under w-2 form. i am 99% certain that is the income. host: what will you do beat -- be doing with this? caller: i will do in -- a roth ira if possible. guest: i am 99% certain you could. it will show up under w-2. that is one of the definitions for deductibility. host: caller from durham, north carolina. go ahead. caller: good morning. thank you. i needed some property. over three stages, three different years. it was $10,000 per year. now, i