Smokes. We head to davos as liz claman looks at healthcare. Gov. Tackling the obamacare website. The man who says his company is fixing healthcare. Gov. We have the story from davos, switzerland. Gerri all that and more on the willis report where consumers are our business. Gerri we begin tonight with growing concerns president obamas plan to eliminate tax breaks for 529 plans will penalize middleclass americans and force them to send their kids to twoyear community colleges. Only the wealthy say the president s opponents will be able to afford the fouryear degree for their children. With more on this, Brad Blakeman former Deputy Assistant to president george w. Bush and a republican strategist. Lets start at the top here. This policy, to eliminate this tax break for middleclass americans, how does this help the middle class . It doesnt. It hurts the middle class. Americans now there are 12 million accounts, seven million americans are paying in what they can scrimping and saving to be
Ask, positive at this do it, do not take money out of retirement accounts. Gerri get a bigger home without moving an inch. How do you do that . Home improvement expert tom cite letter is here. Airlines try sneaky way to charge more money. Some say it is downright dishonest. Well expose it. All that coming up on the willis report, where consumers are our business. Tonight is the president turning his back on the middle class . Mounting evidence like rising jobless claims and stagnant wages flying in the face of obamas rosy comments on the economy. In fact majority of americans say Government Policies are not helping their bottom lines. So will obamas middle class economics push morerpeople out of the middle class . Were asking peter morici, economist and professor at university of Maryland Smith School of business and republican strategist Brad Blakeman who served as Deputy Assistant to president george w. Bush. Welcome to you both. I will start with you, peter. Big jobs report out tomo
It fit your life . All that and more combing up on the willis report where consumers are our business. Tonight were asking the question is Big Government the answer, and if so which republican can actually deliver a Smaller Government . With us now former senator scott brown. Also a fox news contributor. And Patrick Brennan with national review. Patrick, start with you. Youre here on set with me. So jamie dimon, biggest bank ceo in the world really talking a today about Big Government and how it is harming his institution. How did you react to his words . Well the point he was making specifically was, if we have, if we have new regulations on banks, require them to hold more capital than they have in the past than the market might demand it will create unintended consequences in a financial crisis. May make a crisis less likely. But when a crisis happens it will restrict their ability to react that has to be true in some sense. Gerri there are a lot of unintended consequences to doddfr
How do you do that . Getting the most out of those homerelated Tax Deductions . We have the ultimate guide to the best cruise ships, all based on consumer reviews. All that and more coming up on the willis report where consumers are our business. The gerri tonight dealing with the explosive College Costs in two very different ways. In a moment, students just plain refusing to pay their loans. But we begin in wisconsin where Governor Scott walker successfully frozen tuition costs. It is a bold move other states are watching carefully. Governor walker wants to keep the freeze in place a few more years. He is facing stiff opposition from democrats but getting support where it matters most, the students. Ryan grunwald is with us. Vice chairman of College Republicans of uw madison. Senior at the school. Welcome to the show, very good to have you here. So lets talk about whats going on here. Are you finding support on campus for curtailing these spending costs . Gerri great to be with you. A
Gerri well, if you watch the show anytime at all ive been warning about this for some time. Now it is taking a step closer to reality. Listen to this. The government wants to raid your retirement account. Thats right. In his new budget to congrs, next month, the president will propose a broad range of new tax hikes specifically targeting people who have spent years saving for retirement. Probably like you and me. Ric edelman, from edelman financial will be here in just a second to talk about that. But first, the whiteouse has officially thrown in the towel on deficit reduction. The president s new budget contains more spending and more tax hikes. The center of the president s plan to reduce the deficit, a cut in sociasecurity benefits, now gone. Here with the latest is heritage foundations romania. Greato have you here. Were talking in the show tonight how the government wants to crack down, have peoe save less money for retirent. My question was, what do you want to spend that on . No