I said we would do as many of them as we could. Weve basically set the agenda for the rest of the year and into january. You dont see any i dont see any lastminute rushes. I intend to carry out the agenda i outlined in february of 20 1y50i6r 16 as much as i can. In the bloomberg report, it says u. S. Consumers are increasingly defaulting on loans made online. They talk about delinquencies and default reaching key levels known as triggers, four different sets of bonds reaching those levels. To start paying down bonds early. My first question is, are you aware of this with regard to the on line lending loan that is secure these bonds and are having some problems . I am certainly aware of the reports of those issues. Our space is the investors in the space, not the lenders. They become relevant in terms of what the assets are underlying those investments. In the article, it talks about breaching these levels instead of making new loans to find more new or more expensive funding to scale b
Pleasure to introduce to you a great friend of the american taxpayer and kevin brady you and the chairman of the ways and Means Committee and then its the house and then 1996 and then two years before and he was a senior. This is a key part of the conserve tich and there going to go to the United States and improve the well being. The plans would improve the individual tax rates and the Capital Gains and dividends and would be reduced dramatically and increase the standard reduction and then the tax rate and then its most of this would make it more attack tif and then thats the justice and thats going to be the u. S. Produce and then the same as the foreign produce and according to the tax preference to imports that we have now and the tax rates reduce the works, savings and investments and then we will move forward and quickly and then people and then thats the forms on their lives and a whole. One of the heros here in congress and one of my great friends in Congress Police welcome ch
Unsuccessful. Were spending a lot of money. 13,000 per person. A lot of that is on health care. 45 of it. That is where congress decided to spend the money. The nation has made a great commitment to helping the poor. It increases every year. Third issue, the causes. The first is work rates. The longterm decline of work among males. The work rate among young black males, before the rescission, we before the recession, we have a real problem with male employment. For reasons that are not clear. Females, the opposite. They work more. Married women had joined the labor force. Never married mothers. The poorest group of mothers have had a spectacular increase in employment and even today, the likelihood that they have a job is greater, about 20 and it was before welfare reform. That group is working a lot. Wages. These are astounding. The wages at the 10th percentile and blow our where they were 30 and below are where they were 30 years ago. It is hard to make progress against poverty as we
It is a tax credit that people with low incomes receive as a kind of bonus for working, the more they earn, the larger the tax credit up to a certain point. Then that, clinton and first Lady Hillary Clinton were engaged in a deeply divisive with congress and the American People in general that the future of the health care system. Clintons efforts to Reform Health care at the time failed, so the white house was occupied with health care at the time. And then in 1995, a new congress was inaugurated. This congress was controlled by republicans. That led to a year and a half of haggling between republicans and congress and the white house over what kind of welfare reform would ultimately be enacted. Eventually in the summer of 1996, almost 20 years ago to the day, clinton signed the welfare reform bill. That bill was signed in 1996. What were some of the key changes it made in the welfare system . Max i think the most important change is that welfare can no longer be taken for granted. Pe
There are to be three debates between the president ial candidates and one between the vicepresident ial candidates. All are being arranged by the league of Women Voters Education Fund. Tonights debate, the first between president ial candidates in sixteen years and the first ever in which an incumbent president has participated, is taking place before an audience in the walnut street theater in philadelphia, just three blocks from independence hall. The Television Audience may reach a hundred million in the United States and many millions overseas. Tonights debate focuses on domestic issues and Economic Policy. Questions will be put by Frank Reynolds of abc news, james gannon of the wall street journal, and Elizabeth Drew of the new yorker magazine. Under the agreed rules the first question will go to governor carter. That was decided by the toss of a coin. He will have up to three minutes to answer. One followup question will be permitted with up to two minutes to reply. President fo