but you can get cheap services, alex. get your nails down, you can get haircuts starting at $20. some folks are saying that s too low. this program loses at least $300,000 every year. taxpayers are subsidizing some costs. there has been movement to cut costs. people have taken buy-out whose are hairdressers there. a lot of areas on capitol hill, there s life improvement classes for staffers. tom coburn says, guys, if rest of the country s pinching pennies, we should be looking at cuts on capitol hill. okay. that s an interesting story you ve got there. lauren fox, thank you so much. perry bacon jr., can you hear me? i guess he s out of it. what are you going to do. with the trial of george zimmerman day as way a 911 call at the shooting is at the heart of the legal tug-of-war. how key is it? ale announcer ] citi is over 200 years old. in that time there ve been some good days.
perry s not hearing anything. lauren, have you heard the question? what do you think? i think one of the difficulties with president obama s position here is that, obviously, attorney general holder has been meeting with some of the groups and has said we re going to look at our policies and investigating reporters and subpoenaing records, e-mails of reporters and have those to you by july 12th. there s a lot of reporters coming out of the meetings saying it s not enough for us. there s a bunch of controversies swirling around the attorney generaling. it tough for the white house to be supporting him but the president say he s confident in his position. something you wrote about senator tom coburn, wants bite te te belt tightening. haircuts, what is that in. i don t know if you have ever gotten your haircut at the russell senate hair care area
president obama also said congress should put more americans to work. rebuilding all of the crumbling bridges you see the one that collapsed last week. medicare, a new report shows medicare s funding will run out by 2026, two years later than expected. social security funds run out as the same time as projected next year. i spoke with john yarmuth who says obama care is the reason for medicare s extend life. reduced cost by $600 billion over the next ten years. some other reforms roll out, repla replace fee for service, paid for service rather than overall treatment plan we can extend the life of medicare longer. joining me now, lauren fox and msnbc contributor and editor turiaf the grio, perry bacon jr.
look, nothing has changed here with social security. paul ryan sent out a statement yesterday that said it s time to get to work, do some kind of privatization of social security. democrats are resistant to that. the white house saying affordable care act is going to help with medicare costs going up. so maybe what we ve been doing is going to work. bernie sanders warned, an independent senator from vermont, let s not mess with social security, let s not deal with chained cpi, a controversial issue for democrats, we re on the right track. seeing tug-of-war. republicans want to use the report to say we need to do more. democrats say we are doing the rig things. i want to switch gears and talk about attorney general eric holder and get your take on this. in the past couple of days there have been several calls for holder to resign. how long can the president keep supporting eric holder? perry? that s to you.
and in a reversal of the norm, wall street is not the on place feeling good right now. main street seems to finally be getting in on the action a little bit. housing market is at a six-year high. the bad news, that does mean mortgage rates are inching up, so if you re looking to buy, don t wait. the other bright spot, consumer confidence is now at its highest level since before the recession. we ll see if this recovery is really sticking when the all-important jobs numbers are released next friday. and all of these areas could have a big impact on another number 2014. as in the midterm elections. how does economic recovery shape those races? let s talk about that now with the political editor perry bacon jr. perry, welcome back. good to see you guys again. i want to ask you, perry, we have stock market record-high levels. i thought neil irwin of washington post had a great piece pointing out, the economy is doing well despite austerity, but while the austerity hits the