On the other hand, going over the cliff might mean a recession. On top of that, worries about a deal were already causing trouble. Uncertainty about how the fiscal cliff, the raising of the debt limit, and the longerterm budget situation will be addressed appears already to be affecting private spending and investment decisions, and may be contributing to an increased sense of caution in financial markets. Susie wall street and Business Leaders were pleased that bernanke was talking tough. And they said the feds role in the fiscal cliff negotiations is to communicate. Tell the world and the individuals in the political establishment that they have to help get their act together or we have a problem, and that notion of preaching from the pulpit that he has is very fundamental. Susie is there another role or more of a role for the fed . I think to be a cheerleader and to be on the sidelines telling the government they have to do what is right for the public. Susie as for what the fed can
New york city today to send a tough message back to washington get your act together. He urged lawmakers and the white house to reach a quick deal to avoid the fiscal cliff, saying it might mean next year could be a very good one for the economy. Ben bernanke didnt endorse any specific tax or spending policies to solve the fiscal cliff, but he urged lawmakers to think creatively. He said an agreement on ways to reduce longterm federal budget deficits could remove road blocks to growth. On the other hand, going over the cliff might mean a recession. On top of that, worries about a deal were already causing trouble. Uncertainty about how the fiscal cliff, the raising of the debt limit, and the longerterm budget situation will be addressed appears already to be affecting private spending and investment decisions, and may be contributing to an increased sense of caution in financial markets. Susie wall street and Business Leaders were pleased that bernanke was talking tough. And they said
On the other hand, going over the cliff might mean a recession. On top of that, worries about a deal were already causing trouble. Uncertainty about how the fiscal cliff, the raising of the debt limit, and the longerterm budget situation will be addressed appears already to be affecting private spending and investment decisions, and may be contributing to an increased sense of caution in financial markets. Susie wall street and Business Leaders were pleased that bernanke was talking tough. And they said the feds role in the fiscal cliff negotiations is to communicate. Tell the world and the individuals in the political establishment that they have to help get their act together or we have a problem, and that notion of preaching from the pulpit that he has is very fundamental. Susie is there another role or more of a role for the fed . I think to be a cheerleader and to be on the sidelines telling the government they have to do what is right for the public. Susie as for what the fed can
Captioning sponsored by wpbt this is n. B. R. Susie good evening, everyone. Im susie gharib. Whether its time or money, philanthropy or helping others, its an investment, and americans gave more than 350 billion to charity last year. Tom good evening. Im tom hudson. From Everyday Americans to the nations richest people and companies, we look at what influences giving. Susie and we head to chicago to learn about social impact bonds funding nonprofits and letting american investors change the world with their decisions. Tom that and more tonight on a special edition here of n. B. R. Susie with the financi markets closed forresidents day, we bring you tonight an n. B. R. Special edition Conscious Capital. Its our look at philanthropic spending and investing in others. Americans gave more than 350 billion to nonprofits last year, and half of that came from the wealthiest americans. So, what influences their giving . Ruben ramirez gets some answers. Reporter its another Typical School day a
Talent and certainly your dollars to. Reporter people are still donating money, giving away at least 10 of their Household Income each year, according to the survey. And most of those expect to give at least the same amount next year. And its not just about getting the tax deduction. We see that taxes are very much a consideration in how folks might structure their giving and in the timing of their gift, but they are rarely part of the giving equation in terms of why People Choose to give. Tom why give now . How to give . Eileen heisman is the president and c. E. O. Of the National Philanthropic trust. So eileen, if you have made the decision, how do you begin to decide how to give. Like cash, time or maybe some other asset . It depends on what kind of assets you have. If you have cash thats the only thing you v you might want to write a check or go online, do an online contribution. But a lot of people who are giving especially large amounts are over age 65 and a lot of those people h