Were taking a lap around the new York Auto Show. We have the hottest new cars to hit the market. All that and more coming up on the willis report, where consumers are our business. Gerri if you are one of the millions of americans scrambling to file your taxes by april 15th, dont expect much help from the irs. They say, things have gotten so bad for them, theyre ignoring more than 60 of taxpayer calls. The underfunding of the agency is the most critical challenge facing the irs today. As the serious ramifications of five years of budget cuts become increasingly visible, i dont want anyone to say that we didnt warn you in advance. Dont want anybody to say we didnt warn you. With more on this, Heritage Research fellow for tax and Economic Policy curtis dubai. Welcome to the show. 100 Million People tried to call the irs. This year, 60 of them wont get their phone calls answered. Why . I think there is two things going on. First is the tried and true washington monument. Irs is said it ha
But definitely look forward to engage in discussions around policy with regard to Financial Education, which is a term that we prefer at pace as opposed to Financial Literacy. Because oftentimes implies that people are illiterate. Perhaps Financial Empowerment might be a better term. I was born in, on a pineapple plantation in hawaii where the common term today is in farm worker housing. We were poor but didnt know it because we thought everybody lived like that. I dont member very much in having any choice. But we had the ocean as our playground. And so we would chop down some bamboo and use it for fishing poles, or use of force beers to catch fish spears. In spite of the fact that hawaii is paradise, and because its paradise the rich people in the world by property as a result, the cost of living gets driven up. To local residents that use laborers service to these rich people, that are coming to know why. So were hawaii is paradise with the aloha spirit, a lifestyle, sharing and rec
Tremendous challenges from both being able to find jobs and to work through issues in that environment. The data demonstrates things that are not surprising. It demonstrates a persons that are way too much depending on nonbank lending while they had more access to earlier generation through some form of Financial Capability instruction. Their absorption of that is not demonstrated from a testing standpoint. Their exposure as they move through an environment where those that have moved forward, even those that have moved forward are way more burden by Student Loans both in percentage and sign. All of that demonstrates what a point that has been made across the board. We need to move Financial Capability, education and communication away from accidental interactions to an environment where its focused and concentrated and very much looking to evaluate and identify what works. Its a pleasure to be involved in this Advisory Committee particularly with a strong focus on Financial Capability
Thanks very much, cyrus. Welcome, everyone, to the department of the treasury. Im very pleased to have all the members of the new counsel here with us, including Richard Cordray and secretary duncan will be here shortly. Im also leaves that we have so many members of the public here. President obama brought together this group of talented men and women stood by zimmerman issue up or found importance to the future of our economy, the Financial Capability of americas young people. Whether it is teenagers spending their first paycheck, College Students making decisions on how to repay Student Loans, or new parents trying to save for a childs education or retirement, it is not only important for their futures. It can strengthen our economy for generations to come. That is why the work we can do can significantly impact how successful we are at growing the middle class and increasing Economic Opportunity for all americans. Virtually, theres much we can do to improve Financial Capability and
Man. Hes back. Recharging the batteries and zapping his rival. Its lyin lyin ted. Thats not all hes spelling out. Its a fix. Blasting the whole delegate ball game. Its a crooked, crooked system. So now that hes facing a contest at the convention in cleveland, not a coronation, can his campaign adapt . And will the family name give that campaign the boost it needs . Ive got so many family members here today. Look at that. Boy, oh boy. My sons and my daughter. Did ivanka do a good job . This is an Anderson Cooper 360 cnn republican town hall. Candidates and their families. Voters seeking answers before making a choice that could make history. National sirius Xm Satellite Radio channel 116 and the westwood 1 radio network, welcome to all of you. We are here with donald trump, his wife, melania, daughters ivanka and tiffany, and sons eric and donald jr. Will be joining us shortly. In the audience tonight, republicans all from new york. They came up with the questions theyll ask tonight. We