to retire at 67 under current law. maybe i have to retire at 68 or 68 1/2. the truth is, people in my generation are going to be very productive well into their 70s. the fact of the matter is, if we don t do changes like that, the program won t exist. it will be bankrupt. would you change it from defined benefits as it is now, to just the savings account which many in the gop suggest you control your own money and you get out of it what you wind up putting into it, versus an investment? yeah, i think the time for that really has passed. particularly after the instability we ve seen in the years past in the stock market and so forth. i think we leave it as a defined benefit at this point. i want to make it easier for people to be able to invest money in like we said, like a 401(k) or something of that nature. i talked about changes that we can make there as well. one of the questions raised last night was millions of americans that don t have access to a vehicle. if you work for an
it s so nice to be here. nice to sit next to you. this is the news from a to b. i love it. i m brooke baldwin. it s bright and early. we do appreciate it, brooke. 5:00 a.m. in the east. let s start with this one, shall we? hitting the road today. up first, the obama bus tour ready to roll this morning and heading for the white house. betting on america tour kicks off with four campaign stops in ohio today, and then it s on to pennsylvania for an appearance in the steel city tomorrow. brenda keeler is live in washington. i like that beginning, ohio, because in the campaign we like to say ohio, ohio, ohio. but really, the message is kind of universal for president obama. he wants to hit the economy hard, doesn t he? reporter: he ll be talking about the economy and he s trying to draw a contrast. he ll be emphasizing the auto bailout. that plays very big, specifically in ohio, because this is a place that is number one when talking about auto suppliers. he ll also be e
all my life, i ve always taken to a pen or pencil, drawing. i make collages and asemblances ever since i ve been a kid. reporter: curtis said he painted nearly every day, wrote, publishing novels and his auto buy grffy in 1993 in which he told about the darker and lighter sides of his life. i m having a wonderful time in my life. i m 68 1/2. i m a rfring alcoholic and drug person. i m 9 1/2 years of my recovery. i feel like eb ba kneeser scrooge in christmas carol after those three nightmares i m so happy to be alive. reporter: married six times, curtis was the father of six children, including actress jamie lee curtis. when tony curtis was born in new york city in 1925, he was originally named bernard schwartz. a name hollywood was destined to
thank you. the u.s. trade deficit surged in june by 18.8 points. reaching the highest level since october of 2008. applications for home loans were up .6 of a percentage point despite lowest interest rate in decades. stock lost 2% today. the dow dropped 65 1/2 and is now under water for the year. s&p 500 fell 31 1/2 and the nasdaq lost 68 1/2. social security will pay out more than it takes in this year. people are scrambling for solutions. chief washington correspondent jim angle looks at the cause and effect. good news and bad news and one in the same. the good news is americans are living longer and enjoying more years in retirement. the bad news is we can t pay for it. social security was created and life expectancy was 65. it was never designed to last
thank you. the u.s. trade deficit surged in june by 18.8 points. reaching the highest level since october of 2008. applications for home loans were up .6 of a percentage point despite lowest interest rate in decades. stock lost 2% today. the dow dropped 65 1/2 and is now under water for the year. s&p 500 fell 31 1/2 and the nasdaq lost 68 1/2. social security will pay out more than it takes in this year. people are scrambling for solutions. chief washington correspondent jim angle looks at the cause and effect. good news and bad news and one in the same. the good news is americans are living longer and enjoying more years in retirement. the bad news is we can t pay for it. social security was created and life expectancy was 65. it was never designed to last