through the usda, but potentially through the sba. it is important for planning purposes that folks kind of know where they stand. you mentioned food prices. interestingly enough, farmers and ranchers only get 16 cents of every food dollar. even though commodity prices go up because of limited supply it may not have as much impact on food prices as say, energy prices might. jenna: interesting. there are a lot of dynamics at play, that is to be sure what we look at when we buy in the supermarket. you mentioned what we can do, when we have a problem we wonder what we can do about it and some of the disaster relief. is the response from the usda to something like a drought and the government in general similar to the response of the government and use of taxpayer money when a natural disaster happens like a hurricane? it is a little bit different because we don t operate under the fema process or fema program so we don t have resources allocated or appropriated for this purpose. that is
to do. and that get republicans and democrats together on a big deal. a long-term budget reduction fiscally responsible and a fiscally sustainable path deal. i agree it does not do that. i would have liked to do that, but i think the presidenti it offered what he thinks he can get done and focused on the right priorities of investing in infrastructure and education and job creation. and that is what we need to do. but clearly republicans and democrats need to come together to agree upon a long-term fiscal solution. unfortunately, when you say it s a nonstarter, paul ryan is about, from what we hear offering a budget on the republican side which they know right now is a nonstarter of the united states senate. it will not go anywhere. but overall of course, while budgets are useful documents for planning purposes, you and i both know the only thing the
less than one year ago on this american morning. captions by vitac www.vitac.com good morning. it s friday, december 23rd. i m deb feyerick an with alina cho on this american morning. good morning to all of you out in. so glad you re with us. up first, an early christmas present for 160 million americans. the house is expected to vote today on extending the payroll tax cut that divided washington for weeks. house republicans caved yesterday after a lot of arm-twisting by president obama who stead was the disgust of the american people that broke the log jam. boehner saying his side still wants a one-year extension but saw the political reality. we have fought the good fight. i talked to a number of members over the past 24 hours who believe that, hey, we don t like this two-month extension, we don t like this reporting problem in the senate bill, and if you can get this fixed, why not why not do the right thing for the american people, even though it s not e
see a good deal for an air fare right now, buy it. if you see a good deal for a trip this summer, take it. because it s only going to get more expensive. so that s for your planning purposes. because, look. you ve got airlines that are cutting capacity. american airlines says it s going to cut capacity by 1%. that is probably means fewer seats and more easily raise prices on the seats they are flying. other carriers likely follow suit. about a third of their costs are fuel costs and as fuel costs go up, so do fuel surcharges. if you re going to europe, you ve noticed this the fuel surcharges to europe is 90% of the flights and surcharges are $400. you ve noticed this if you re an international traveler. we not major airlines have tried to stick four or five, i think five now air fare increases just since the beginning of the year. they are not really sticking. sometimes they have to roll them
60 seats on sunday. i think they re going to do somewhere btween mid 40s and more than we did. i think the momentum that s ilding in the country, the unhappiness with the administration, the disarray of the democrats, i wouldn t be shocked if they didn t beat our record and get 54. so we re talking speaker boehner? yeah. i think for all planning purposes in eight out of ten futures, boehner is the speaker and th . the real issue for people this november is going to be what direction do we want togo. you had pete sessions on your show, the head of the congressional campaign committee for the republicans and he said we want to go back to the same agenda we had before this president took office. that agenda was a disaster that