Our thstory the i. R. A. Scandal worsening for the Obama White House the top offials todayestified in front of the House Oversight committee when asked if she discussed confidential tax payer information received your whitehouse officials presented at the same time the meals that contained language to precisely that he fact she could only say that she could not remember the reveal the mails from 2012 that shows theyre in grump try to counsel the white house of lawsuits relating to the obamacare contraceptn mandate a and in those emails confidential taxpayer information was revealed the and shared among Top White House ofcials. Jim a goal has the report. The hearingf obamacare put the agcy under a microscope. 18 new taxes expected to raise 1 trillion of the next 10 years and a program that will cost many times that. Sarah a. Ingram the on the witness was once in chargef taxexempt organizations although she left in 2010 there were questions asking out taxexempt status because they we politically conservative. Do you believe tea par groups were targeted . I do not think it is ever okay to use peoples political vieoints in the managing the bin for inventory is a tax agencies. Although they will not reveal how many people have been rolled. How many inquiries have reprocessed . She emphasized it is not the same as enrollment but it does determine subsidies and while the administration emphasizes miions have logged on far fewer have not reached the irs. In total we have processed several hundred thousand requests from all over the country. With republicans cricizing the irs there often ridiculed asking if she was with the salem witch trial spinnaker you consorting with the double . Are the reports that you comply accurate . Great the gatt exaggerated. So done in a joking manner this is nothing really to joke about. They be counted as letters from constituents talk about premiums coming up hundreds of dollars per month span mckee saw his premiums rise for 388 about 650 and another although the policy did not change and increase of 42 . The individual mandate is largely not enforceable because the irs cannot take y legal action against those who do not pay they cant be tapped the penalty from your refund if you get one. Lou and the white house still has not said how many people have signed up for obamacare but did say it will give the number some time to all of us ended vember. Fox news confirms the obama ministration is planng to suspend a substantial portio of the 1. 3 billion of military aid to egypt a key ally in the middle east. In response to the crackdown on the supporters of the ousted muslim broerhood president morsi. Disappointment and alarm they see it as a critical part of the priest treaty with egypt and critical to maintaining stability. It comes onhe same day that the government nounced it is forging ead with the prosecution of morsi sightseeing protest against november for the most for months to the day he was toppled by the military. So for the government shut down day number nine elective officials are not speaking there are no negotiations set the president obama who insist he will not notiate has invited all four caucuses to meet with him at the white house said henry has our report. As president obamacare reveals jan yellen he says in essence a signal of stability. But also to increase employment. Even as the president s aides agree with the assessment by the jpmorgan chief economist of the nation goes into default therwould be a recession. One of the conseences could be a receson. The speaker will continue to dig into changes of the Health Care Law to the botched rollouts. How can we tax people for not buying a product on the web site that does not work . The latest polls suggest both men have no ek he and. 53 disapprove of the w the president is handling his job a 37 percent approve who holds most of the responsibility for the shutdown republicans are blamed but nobody is exempt. 62 percent say republicans almost all. 49 e president. 49 democrats. 40 boehner 40 tea party and 39 harry id. Open the government and negotiate. The white house was delivered a blow when joe manchin was the first democr to not negotiate over potenti default saying people may talk about negotiation bayou have g to negotiate and that is what were here to do. The president scheduled a series about reach meetings with the caucus tbe with the entire republican conference even as the press secretary continue to bash republicans. After they agreed to leave it that matches and the gasoline outside of the room. Boehner blasted toring them in at the 11thhour bid now having passed 14 miniature spending bills to fund portions of the govement and theyve rejected the peace peace each time. Grow up. Moos is downplaying thus high from lawmakers of both parties say they still could pay the debt although the white house sharply disagrees. Lou from the outset of the we have been expressing. The president s refusa to negotiate throughout the broadcast. Stay with us. The president s Approval Rating has dropped at 37 in congress is up 5 it looks the s starting to Pay Attention . Um. Wheres mrs. Davis . She took an early spring break thanks to her double miles from the capital one venture card. Now what was mrs. Davis teaching . Spelling. Thats not a subject, right . I mean, spell check. Thats a program. Algebra. Okay. Persons a and b are flying to the bahamas. How fast will they get there . Dont you need distance, rate and. , all it takes is double mes. [ all ] whoa. Yeah. [ male announcer ] t away fast with unlimited doublmiles fr the capital one venture card. Youre the worlds best teacher. This is so unexpected. Whats in your wallet . This is so unexpected. Stick with innovation. Stick with power. Stick with technology. Get the flexcare platinum. New from philips sonicare. Lou three federal Government Agencies calling back fuoughed employees do is stop this mnlf help break that has sickened 300 people in 18 states the c called back 30 workers and the outbreak has been leaked to the foster farms while chicken and a recall has been put into effect but the Ag Department is readying to shelter three of the processing facilities and no explanation as why a recall would not be appropriate. Half a million federal workers may be furloughed but the Administration Still run the helpwanted ads near the 500 have been advertised since the shdown began in the even those working for the pateed trademark office. It is simply impossible to miss Interest Payments of a government dash. Do the math the countr takes 18 of gdp in taxes reid paut 2 of that of coverage joining me now is a member of the committee on Small Business as well as science based technology. The president not only continues that failing to lift the deb ceiling to fall inet recession and. What iyour reactn to the rhetoric . I am stunned this president has been trying to do talk down the market. With u. S. President you should be the promoter in chief of the country but instead he basically talks to the world to say there should be a brisk premium. When moodys today put out saying it is impossible the matt is implausible. Lou that comes just after a friend of the president and the icon for the movies was trying to scare people the is to shed comes out and sls him down as well as the administration as they should have. We give them credit spigot but take a step back. Realize how shrill the political theater has become with the president will lay to scare the world equity and debt markets for political gain i am sorry. That crosses the line to be untriotic. The basic math is very simple. We will take and little over 3 trillion of revenue to the fiscal year 2014 and spent 3. Six. We have a 600 billion shortfall that is 60 percent of our budget we have a massive cash flow to cover the bond payment and the vast majority of government. Youd think someone in the white house would be honest to hold the cat can cater to tell the truth. Lo even in gdp terms it is even more simple. 3 trillion of revenue we talk about 30 billion per month of interest it is an absurdity as people sit around the Briefing Room not to understand elemental math to challenge j. Carty the president and the treasury secretary and president every time they make that absolutely obnoxious intellectually dishonest and factually incorrect statement spicule nailed it by realizing the difference between math majors or finance or journalism majors lou dont go too far. [laughter] but i sat down with some reporters today and walked them through the debt service through 2014 projecting237 billion. Divide that by 12 months. Lou you should have done the math for them. It isbout 35 billion of Interest Payments it even they can understand when you have 300 million coming in aboutt 10 one ratio of revenue for interest expense this is deadly serious. Lou but there really is not i will challenge you. This is not serious in this sample is perverted will and twisted political objectives on the part of washington d. C. That does not even include with itspecterr3 the wellbeing of the taxpaying citizen is deadly serious when you have any administration and Political Party that for political gain is willing to talk down the economy and Credit Rating when pulling out a simple calculator gives you the honest answer. Lou did we should replace 435 members of congress with a caulator. But one did every station in. At some point when they work for the fourth stage. Toet a 5 Approval Rating that is because you have heard that right now the National Media gives this is ministration at pass on every foolish statement that they make. Is studying the duplicity the National Press to walk out the door to the talking point in when we point out it is wrong coming in incorrect they stare at you can say that is not my script so i cannot write about it. I am embarrassed parker tried to give the for the state some intellectual edit but theyave walked away from in the intellectual honesty. Lou now i give t Republican Party but todays Speaker Boehner how was that . I am asking my producer. By the way there is no even a single question about it yesterday from the reporters bahau kid you tax under obamacare a citizen that does not buy Health Insurance that they cannot buy on the governments web site . It is the first time your party has put for dave message that reverberates with people paying your salary. We have spent trying if they think we have done the okay job. Lou that is not a good standard. Were trying to be intellectually honest. Lou i will not canonize y or your party you have been talking about debt ceiling breakthroughs equaled the fault just as the democrats. Dont be sry. Youd only be if you try to correct me because it is factually coect in you have got to deliver a message if you think it is right that al least as a party or caucus to come up with a message that is intelligible. You have had this on the air we just try to make a fairness argument if the president use the exemption for big busines why not to the average american . Lou i am with you. I find these see that this is reverberate. Lou day you want to see that message . You put away defunding. Let go of the language of defaults in show everybody the president s Approval Rating. Put that up please. Take a look at this. Here is. Theres the effect of doing a good job and the intelligence job avoid you say is a lifeanddeath issue he is now at the alltime low of 37 percent of the Associated Press. Maybe starts to sink in the absurdity of the gunt. If we have to migrate from defund obamacare to the fairness argument out as we have hea one of the thing i am very proud of y for doing in to give you great accommodationis 2. 0 the debt ceiling does not equal default does not equal a recession. Every elected offial in Congress Democrat or president , i dont care who makes up nonsense the talking points deserves to be rejected by the American People. Even today with ddbt that print media. We had a bit of a breakthrough because two years ago there is only a couple of us to get in front of the came to walk america through it. Lou dont walk america through anything. Do the job to take the message comprehensible and connect with the people. I am so tired at all have the inttllectual firepower to talk down to the American People. Inspire us, lead us and cut it. Stop. Lou dont talk over the congressman, i will give you the last word but i would like you to be sustained and make the message cogent. Lou i am sorry i will not let you say to me look, we are piers and i respect you for your office id like you as a person. Just tell us. Was about to complement you but the fact of the matter is making it clear anyone the uses the word default is been duplicitous and t telling you ditchers that simple understanding will go along way in the lou i think we have our message across. As always. Good guy. On wall street does stocks finished mixed after a falling tyler trading session. The dow up 26 points as sandy of one nasdaq down 17 her coppola expectedo unveil the new was cycad according to to all things is the it will have a lighter design a faster processor and updates to the mmittee. Microsoft will start shipping its tablets on the very same day. Mens wear house rejecting the unsolicited bid from smaller rival joseph a. Banks saying is significantly undervalues the company. Nearly 20 movon the newsws taco will rollout the Breakfast Menus starting next year ch as a waffle taco and mountain dew. M. It came from the yum brands Third Quarter Earnings Call following weaker than expected earnings of sales the Breakfast Menu will have the people dont approve ofs the work war policies is business as usual. The chalk talk coming up with the undeniable. State with us nearly 1 blion people around the world dont have enough food survive. We cant let this happen. There is something we can do about it. Please join chriina aglera and yum brands in the movement to fight world hunger by supporting the United Nations world fo programme. To donate go to hungertohope. Com or make a text donation right now. Your contributn will feed children and save lives. Together, we can stop the dying and start the living. And together, we can me people from hunger to hope. This is a test lou breaking news, another relaunch against a Democratic State senator that voted to support gun control this last month. Colorado vers our two other democrats who had supported tighter gun laws in the state, this time the stakes are higher. This sucssful recall, is if it is successful, will give republicans control of the Colorado State senate. Nine days into this Government Shutdown. Eight days away from the debt ceiling and as you may have noticed, a it ends, no one knows. But one thing is increasingly clear. President obama and congress are playing a big political game and paying a big political price for the lack of forthrightness. I personall believe it is the president of ailing to fulfill its constitutional responsibility to negotiate with congress. This is not an authoritarian government no matter how authoritarian as president s mindset may be. It is simplyot his prerogative it is his responsibility to negotiate and the American People are mad as heck because of his attitude and they are getting matter. A new Associated Press poll finds just 37 approved of the job that our president is doing. That is the reco low for president obama. 53 disapprove. Other polls reflect much of the same disapproval levels. We reported to yesterday that congresses appral had fallen to 11 . And now we have an update for you. The new associated ress put the approval at 5 . That is probably comprised of members of congress and families in stackers at 5 . And there is a glimmer of hope that the American People have had a belly full and are awakening not only to this president who refuses to negotiate, but a congress that only recently started making this. And 33 of americans, 33 of americans think that the number one issue facing america is dysfunctional government. 33 . The number one problem. The highest percentage ever. It means that our president and members of congress are considered to be biggeproblems than the economy an unemployment an the deficit and health care. This president and his administration are simply refusing to listen to the American People. Theyre not just refusing to negotiate but they will not listen. This includes listening to 62 of vots who Want Congress to raise the debt ceiling only after agreeing government spding and they arent listening to the 51 oppose obamacare. And that is part of the politics that they propagate. Please dont worry, mr. President. Names like extortion. It has a ring, doesnt it . Andhow is that namecalling working for you so far . The grand canyo is closed from the workoutoom at the capitol is still open we bny mellon combines Investment Management investmen servicing, giving us unique insights which helps attract the industrys bghtest minds who create powerful strategies for a countrys investments which are used to build new schools to build more bright minds. Invested in the world. Bny mellon. Announcing that the pentagon will cut off soldiers payments among the Government Shutdown. Defense secretary chuck hagel blew the cover after jay carney refused to answer a question as to exactly when the president became aware of the problem. In the days before the shutdown, we Want Congress and the American People that the dod would not have the Legal Authority to make these problems during the appropriations. With this is the Fisher House Foundation and they will keep the payments flowing to those families and they do immensely and terrific and wonderful work fothe wounded were yours and the families of the wounded warriors. I wuldnt mind if everyone was in favor of that. Everyone might want to do about that. Joining us now is Michael Goodwin and former clinton adviser, cofounder ofdefined american and from washington dc, Georgetown University professor bradley graham. Thank you all for being ere. Let me ask you something. Does this offend you rfoundly if this president keeps talking about creating a default and going through a recession . Is that offend your sense of honesty . No these are thereal peopl being impacted by the shutdown of consequences on if we fail to raise the debt ceiling. To say that the administration knew about this ad didnt make it clear cgress, i knew about it. And republicans look us in the face and theyare trying toalk both sides out of their mouth. At first it was lou this is a conversation it is now my turn. That was the department of defense. The secretary of the department of defense. A democrat nominated a secretary of defense and it was not republican. Was it . He was a republican nominated for a democrat. Not that they were quite aware of the consequences. Lou you are not offended . You just contradicted yourself . Let me turn if i mayto brad. Are you tired of the nonsense whether republicans move, where they are going to defund obamacare and this is one of the silliest things ive ever heard and they have now stumbled in a policy position that is rational and making sense. And now a president who wants to say that he wants to egotiate. They got got themselves into a mask on the republicans come in the president is helping them out a victory of t street to let me speak for a minute. The president of the United States is supposedto be the adult in the roo using his own language to bring people together. Who did he meet with . E titans on wall street. And saying how disappointed he was that the markets werent reacting more violently than they were and giving them the heads up that they shod have. You reember this president was using the wo extortion . Cement absolutely. And then they talked about jprgan chase with an 1 billion setlement. Is that ion . Is that the definition . Lets turn to the idea of the government default taken by republicrepublic ans or democrats and most recently by this president who is now doubling down as a poker and a washington expression. But the debt ceiling equals defat and recession. It is a credibility in frustration sequestrtion. That we lost 1 penny in the government the sky wou fall. And we tought withhe shutdown. So there are things that continue that they seem to be arbitrary. Youre talking about th illel advocacy . And this inclus lou i reject this arbitrary and this is a campaign ordered by the president. It is not good that he is not up for reelection ever. Guess whhas me and that is what this is going to come down to in 2014. President obama is no longer ever on a ballot. This is not the way the constitution and majority rule has served our country well for 200 years spew on my goodness, there is something ironic about you saying that. What about all of the minority speal Interest Groups . Lou are you talking minority or actual minority . Im talking about the fact that john boehner has the votes right now. Im talking about how john boehner could open the government right now. Lou the president has the power to constrain spending an meet with him. continuing resolution. This they have already negotiated this. Lou he knows its a filibuster. Get those benefits paid by the governments. Lou im sorry, are you criticizing the president . I said that he has some responsibility in this. They have come forward, straight honesty. With akamai have to say thank you michael and brad, thank you all. Take asecond to go to our social sites and go to loudobbs. Com and find links to our Facebook Page and email me at loudobbs. Com and follow me and check ot fox business. Com, todays impotant story on jpmorgan chase, and what is under enmousovernment pressur some would call it extortion. Up next on the broadcast, the president s Government Shutdown producing Horror Stories of americans all across the couny and Shannon Bream on those decisions on who is suffering decisions on who is suffering the pain a customer erin swenson ordered shoes from us online but they didnt fit. Customers not happy, im not happy. Sales go down, im not hay. Merch comes back, im not happy. Use ups. They make returns easy. Unhappy customer becomehappy customer. Then, repeat customer. Repeat customers, im happy. Sales go up, im happy. I ordered another pair. Im happy. both im happy. Happy. Happy. M happy. Happy. Happy. Happy happy. I love logistics. Lou the obama administrations campaign of pain continues, thousands of National Parks and even private businesses on federal lands remain closed. For a look at how these shutdos are advanced, here is Shannon Bream with a report. Across the country, that is exactly what is happening. From the world wari memorial in washington. My goodness, they spend more money closing it and we spend keep it open. To the grand cany outlast where visitors have been issued a citation where they a likely to be fined 50 for entering property during the shutdown. It is not up to my dscretion atthe Yellowstone National park, they say that their hotel was barricaded with guns that were stationed at th door. Any park rangers i thought were carrying a gun cormack based on federal laws and administrative guidance. Like this eptember 17 memo from the director of managemen and budget and each agency must lack contingency plans and some of them to the white house. Alice rivlin was head it through two Government Shutdowns during the clinton administration. When the national governmnt shutwn, it is a judgment call, i think come out o the park level. The Washington Times retedly said they have been told to make life as difficult for people as possible. Exclusive gems for lawmakers on citol hill, whih are funded in part, but not openly stack. In 1870 law called the antideficiency law makes it a felony to spend tax payer law if there isnt an ppropriation from congress to cover it. There are expenditures like benefits for seniors and food stamps. The House Oversight Committee Said that looking for answers as well and announced it will hold a hearing next wednesday called as difficult as possibl the National Park Services Implementation of a Government Shutdown. Lou thank you. Shannon bream. A maximum others telling the story of how actions a halfcentury ago face today. Stay with howdy partner. Youre not linda. Im filling in for officer owens. She used double miles from her capital one venture card to take an early vacion. Buckle up. Lets go do cop stuff. [ sin chirps ] license and venture card, maam. Was i going too fast . , youd going twice as fast if you had double miles. [ male announcer ] get away fast with unlimited double miles from the capit one nture card. Freeze dont touch the face cai drive . Absolutely not. Whatsn your wallet . Lou do need now is the former New York Times correspondent ephen kinzer who is the author of the new book, thebrothers. We greet me with this and congratulations on the book. Is a terrific read. We recommend it to our audience. Please read it and i love the idea hat you can go back a halfcentury to look at these very powerful man and it was the most powerful government on earth. These two brothers had the power to spe the world and make and break government. But now it has been almost completely forgotten. This book is a biography. But im also using the framework of bigraphy an i think that they were exemplars of. So hopefully with all answer the larger question. This is stuff, this is i have not really seen any historian touched before. The ideahat eisenhower was simplistic in the insidious covert action th tk place the. He never explained why he explained cort action. And he certainly wouldve come out of world war ii and he might have seen it as a peace project because it avoids going to war. That would never underood was the concept of what we nw call blowback. These operations do not and the next day. They can have terrible effects on American Security yrs and generations later. Lou blowback, okay. The idea of this, the two brothers that have so much power, when suddenly they ae caught looking at this disaster, what changed them is that we still have the same background and hestill the same person. Including the adviice that they were getting from socalled experts. We dont know how that wouldve played out. But it certainly wouldve been the end of history because the bay of pigs was the first great project and look at how that came out. Lou the. Lou today when we look at the middle east, and impacted a, you still believe is significant. Woverthrew the government and that was the first project of the dulles brothers in 1953 and he thought i would not have effect and we had25 years of this rule, and absolutely we are in the 60th anniversary. Lou thats right acivil war, guatemala, saqqara, all of this n be traced back some fascinating figures back in the 50s. And it is traced brilliant. Stephen kent, good to have you with us. With us. Thank you for being with us. Copd makes it hard to breathe. But with advair, im breathing better. Now i can help make this a great block party. [ male announce ] advair is clinically oven to help significantly improve lung function. Unlike most copd medications, advair contains bh an antiinflammatory and a longacting bronchodilator working together to help improve your lung function all day. Advair wont replace fastacting inhalers for sudden symptoms and should not bused more than twice a day. People with copd taking advair may have a higher chance of pneumonia. Advaimay incrse your risk of osteoporosis some eye prlems. Tell your doctor if you have a heart condition or high Blood Pressure before taking advair. Asyour doctor if including advairould help improve yr lung function. [ male announcer ] Advair Diskus fluticasone propionate and salmeterol inhalation powder. Get your first prescription free and save on refills at advaircopd. Com. Speaking of senator tom coburn and letting her read. Welcome, i am no computer. He says instead of dealing with acally have to deal with actually have to deal with us, outofcontrol debt and no plan to get it under control anytim soon. The senator here is with me now. Sena
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