Slowing. Economy may be even softer. And heres a new irs scandal. Turns out the government paid out at least 110 billion in bogus tax credits over the past decade. A major culprit, the earned income packocome tax credit. All those reports and more coming up in kudlow report right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. Weep are live at 7 00 p. M. Eastern and 4 00 p. M. Pacific. We want to give you the latest with the problems with the obama care web site. As part of this socalled tech surge, the government is calling on private Companies Like verizon to help fix the mess. It wont be fast, it wont be cheap. The government has already spent 394 someodd million in the federal exchange and data hub. Experts say the clocks is ticking at the whole fix. If the site is not functioning by full strength at thanksgiving, many people wont able to get coverage that will start january 1st. All right, please, for a moment forget about the technical glitches and the en
He highlights the practices of Companies Like whole foods and southwest, that seek to increase value for their shareholders by creating value for their customers and employees as well. Its about an hour. John, its a delight to see you again. Lets set the stage for this. Some people are going to pick up this book, see the title, and theyre going to think, oh, boy, here we go another guy who doesnt like capitalism, who has a lot of criticisms of it, even made money as ceo, probably feeling guilty. The fact is you are quite a ferocious capitalist and what is interesting to me is that you werent necessarily born that way but are somewhat of a convert, and you talk about your younger life as a young man, selfdescribed progressive, living in a housing coop, a food coop, start a business, and your views at the time you embraced the ideology that business and corporations were essentially evil because they selfy,ly south only profits. Then you start your business and the next thing we know you
In the newsroom just stopped and we looked. Why . Because this was a big deal. This was a huge event in the history of the United States senate. And this is what senator reid said and Everybody Needs to know how it happened. He said i raise a point of order that the vote on the cloture under the rule 22 for all nominations other than for the Supreme Court of the United States is by majority vote. The vote on cloture, to shut off debate, he moved that under rule 22, he said under rule 22 that the vote on cloture, to shut off debate, for all nominations other than Supreme Court, he thought that up, i suppose, is by majority vote. But look, this is what rule 22 says. A motion signed by 16 senators to bring to a close debate on any measure, motion, or other matter pending before the senate shall be decided by threefifths of the senators duly sworn. So the majority leader of the United States senate knowing precisely what rule 22 said, stood right there and asked the chairman, the presiding
and fought against corporate welfare. i can t use the word this morning. let me just use the abbreviation, so many milton friedman frederick hyatt we re small government champions and government get out of our life, i saw it firsthand from the business community in washington, d.c., from k street, pure bs. yeah. well, like you, joe, back then, i remember reading the director of the office of management and budget david stockman s account in real time, in 1980, and william brider s story in the atlantic monthly saying he came in as a joe scarborough-esque conservative and was shocked and disgusted that this was all a lie. that it was just about opening up the troth as never before to big business and the rich. and that s what it was about. and admitted that supply side
summer s controversy over the so-called ground zero mosque. forget everything you thought you knew and listen to an exclusive, the man behind the mosque tells the whole story. finally, a novel solution to parking problems. first here is my take. we ve downgraded ourselves. we ve demonstrated to ourselves the world to global markets that our political system is broken and we are incapable of implementing sensible public policy. the actual cut to the 2012 budget which is the only budget over which this congress has any control is $21 billion out of a total of $3 trillion in expenditures. everything else can and will be changed by future congresses. what the deal does is once again kick tough choices down the road, this time to a congressional supercommission that will have to come up with a larger plan to reduce our debt. it does nothing to spur growth. without growth, the debt and the deficit will expand well above current projections. the manner in which the deal was produc