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Transcripts For KQED Charlie Rose 20140129

ni tonight, lets declare that in the wealthiest nation on earth, no one who works full time should have to live in poverty. Rose welcome to the program. We are thrive evening from new york, boston and boynton beach, florida, tonight president obama delivered his fifth state of the union address, the speech comes at a critical moment for the president , he voter approval is among the lowerest it has, congress is opposed to much of his agenda and public attention is beginning to wander to midterm elections and beyond this was the president s opportunity to seize back the initiative, to do so he hit on themes that he hoped would resonate with the american people. Rn what i offer tonight is concrete practical promise pals to speed up growth, and new ladders of opportunity into the middle class. Some require congressional action. And i am eager to work with all of you. But america does not stand still and neither will i, so wherever and whenever i can take stems without legislation to expan

Transcripts For KQED Charlie Rose 20140129

ni tonight, lets declare that in the wealthiest nation on earth, no one who works full time should have to live in poverty. Rose welcome to the program. We are thrive evening from new york, boston and boynton beach, florida, tonight president obama delivered his fifth state of the union address, the speech comes at a critical moment for the president , he voter approval is among the lowerest it has, congress is opposed to much of his agenda and public attention is beginning to wander to midterm elections and beyond this was the president s pportunity to seize back the initiative, to do so he hit on themes that he hoped would resonate with the american people. Rn what i offer tonight is concrete practical promise pals to speed up growth, and new ladders of opportunity into the middle class. Some require congressional action. And i am eager to work with all of you. But america does not stand still and neither will i, so wherever and whenever i can take stems without legislation to expan

Transcripts For CSPAN Key Capitol Hill Hearings 20140206

A percent of gdp during that time. They are hire in each of those years than they are today, is the rights because thats right, congressman. And their higher, are they not do, in each of those years than it will be as a percent of economy 10 years from . Yes, thats right. My calculation is that the average amount of revenue as a percent of gdp when the last balance the budget was 19 of gdp. During those four years the average amount of revenue was 90 of gdp. Now, you have just testified that the main reason that were going to see an increase in the deficit in the out years is because we have tens of millions more americans on programs like Social Security and medicare, right . Yes. Our republican colleagues position is that we can somehow deal with that huge increase in the number of americans on Social Security and medicare with less revenue as a percent of gdp in lebanon last balanced the budget in 19982001 women had a lot fewer americans. On Social Security and medicare. That is the

Transcripts For CSPAN2 Key Capitol Hill Hearings 20140206

Programs that reduce the existence of poverty and the suffering associate with it. So i want to ask you, what policies are antipoverty initiatives tend to get the most bang for our buck in terms of boosting Economic Growth . For example, what is the impact of Economic Impact of not extending Unemployment Compensation for the 1. 7 Million People have lost their checks what theyre looking for a job . Will we see them fall into the ranks of the poor . Does raising the minimum wage boost Economic Growth and reduce poverty . Whats the impact on poverty and Economic Growth rate as a result of, unfortunately not, the impact of structural and longterm unemployed as we continue to recover from the recession and cant seem to get any jobs past. I would like for you to respond to this issues around poverty, given the sense of congress that was put into the omnibus bill. Yes, congresswoman. We have estimated that if the congress were to extend the additional Unemployment Insurance benefits that exp

Transcripts For CSPAN2 Key Capitol Hill Hearings 20140206

With that being said, my question to you would be what benefits would we be reforming the book and tax code by lowering taxes and tax rates and broadening the tax base on the individual and corporate basis which is revenue neutral as i have indicated . Congressman, when he and other analysts think that sort of tax reform that could you have described could boost Economic Growth. But the metal into the first depends specifically on the tax reform that the congress would consider. And we are standing by to do an Economic Analysis that approaches the tax reform. If you and others on the committee would be interested. If you do these things, im convinced if you put more people than the job market, more taxpayers and more cash flow, it works. We talked a lot about the minimum wage today off and on. My question to be for someone that owns a business, we have raised the minimum wage. How do i pay for that . Congressman cohen as i mentioned in the earlier question we are currently doing the an

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