And it is one of the biggest financial challenges of our time, saving for retirement. And tonight we are hoping to shed some light on this issue which certainly ns of americans. Welcome to this special edition of nightly business im sue herera. Im Bill Griffeth in tonight for tyler mathisen. The vast majority of americans have under 1,000 in savings. And by some estimates, half of all americans have nothing put away at all for retirement. And this runs across pretty much all ages. Sharon epperson delves i reporter about ten years ago, galen murphy realized he never saved for retirement. Now hes 49 and still not saving. Nnot. I was hoping to in this next year. Reporter murphy earns about 42,000 a year working as a store manager at portlands house of vintage. The company has two stores, five fulltime employees, and no retirement plan. Murphy says he makes enough to pay his bills, barely. The biggest ones are going to be rent, student loans, health care, car payment. Reporter living the A
Much of what they said has everything to do with your portfolio of the economy and the price you pay for your Prescription Drugs. The firefighters are only starting to make some headway in this hour. Its too little too late. The restaurant to her who is fighting to rise from the ashes. You get to decide as a u. S. Military begins practicing drills of a very specific kind in the region. The former asiapacific deputy. What does it drills really are and what they need. Lets start the count on. Breaking news. We are keeping an eye on the white house in about 45 minutes President Trump will hop onto marine one. He is now heading when he gets to marine 12 joint base interest. A campaign event. No doubt he will be keeping at least one eye on wall street. As he mentioned 63 points away from dow 23,000. It was less than 55 points away. With a game of 67 points higher. We head about 58 minutes until the closing bell rings. When we look at these levels it happens in a blink of an eye. On november
The committee will come to order. Good afternoon and thank you all for joining us today. Our committee is honored to welcome treasury secretary Steven Mnuchin to testify on President Trumps budget procedural for t proposal for the Treasury Department. Our annual hearing with the treasury secretary on the president s budget plays an incredibly Important Role in our work, setting the stage for collaboration between the white house and the Treasury Department. It will help us identify in advance efforts to grow our economy, create jobs, and increase american safety. Todays conversation will help encourage a constructive, open dialogue focused on challenges facing our businesses, workers, our communities, and our country as a whole. Reading through President Trumps fiscal year 2018 Budget Proposal, its a Welcome Change to see that this budget, unlike the obama budget of the past eight years, balances in the next decade. The president s proposals take muchneeded action, grow our economy, cr
System. This is about two hours. Subcommittee will come to order. Welcome to the ways and means subcommittee on tax policy, our hearing on how tax reform will simplify our broken tax code and help individuals and families. Before we get started with Opening Statements and so forth, id like to yield to the chairman of the ways and Means Committee, congressman kevin brady for the purposes of introducing a distinguished witness who is before us today. Mr. Chairman. Thank you. Chairman rossman, thank you for your leadership of the tax committee. Thank you for leading hearings like this that allow america to have the conversation about creating a bolder, fair, flatter and more pro growth tax code. I want to thank all our witnesses for being here today, but i want to give a special welcome to our friend, my friend, chairman bill archer, former leader of this committee and a longtime mentor of me personally. Chairman archer, thank you for being here to share your insight and your experience o
System. This is about two hours. Subcommittee will come to order. Welcome to the ways and means subcommittee on tax policy, our hearing on how tax reform will simplify our broken tax code and help individuals and families. Before we get started with Opening Statements and so forth, id like to yield to the chairman of the ways and Means Committee, congressman kevin brady for the purposes of introducing a distinguished witness who is before us today. Mr. Chairman. Thank you. Chairman rossman, thank you for your leadership of the tax committee. Thank you for leading hearings like this that allow america to have the conversation about creating a bolder, fair, flatter and more pro growth tax code. I want to thank all our witnesses for being here today, but i want to give a special welcome to our friend, my friend, chairman bill archer, former leader of this committee and a longtime mentor of me personally. Chairman archer, thank you for being here to share your insight and your experience o