Twitter and at ali velshi at facebook. Com aj money. Youve been hearing a lot of noise about how obamacare hurts job creation. And today we got a new report from the Congressional Budget Office that would be used as fodder by republicans. Using for the Affordable Care act to get your vote this november. Democrats hope that it will go away by the time midterm Elections Come around. And thats why this deserves more explanation. So here goes, and you decide. Now, the cbo is nonpartisan. It advises congress. And when theres a piece of legislation, the cbo tells you what its going to be. Now, the cbo projects fewer workers in the labor force in 2017 with obamacare than if the law had never been passed. Lets be clear. The cbo projects that it will grow, but the growth will be less than it would have been without obamacare. Before the republicans start making too much hay with this, the reason why the cbo says it will be less workers, its not about laying off more employees, as some choose to
This is real money, and you are the most important part of the show, so join our conversation in the next hour on twitter and at ali velshi at facebook. Com aj money. Youve been hearing a lot of noise about how obamacare hurts job creation. And today we got a new report from the Congressional Budget Office that would be used as fodder by republicans. Using for the Affordable Care act to get your vote this november. Democrats hope that it will go away by the time midterm Elections Come around. And thats why this deserves more explanation. So here goes, and you decide. Now, the cbo is nonpartisan. It advises congress. And when theres a piece of legislation, the cbo tells you what its going to be. Now, the cbo projects fewer workers in the labor force in 2017 with obamacare than if the law had never been passed. Lets be clear. The cbo projects that it will grow, but the growth will be less than it would have been without obamacare. Before the republicans start making too much hay with thi
In perhaps, germany and spain, some more muted declines. U. S. Equity futures are looking a little bit better this morning. At this point, the dow futures are up by about 46 points above fair value. But i dont think how much faith you put in these implied opens at this point. What is indicated now is not necessarily how the day ends up, but it is certainly something to watch and see. The fed did decide to trim bond purchases. It was the Central Banks first unanimous vote on policy since june 2011. The fed made no reference to the selloff in emerging markets. They didnt talk about that, they didnt mention the cold weather. But the fed stood pat and this is an enormonormous decision. Joe, you are looking righter and righter on that call. And im not happy about it. I dont want the globe to slowdown. No, no, no. I just did the math. 75 divided by 1850. Were at the s p were at 1774. So its down from 1850. So 7. 5 divided by 1850 is exactly 4 . When you put it in those terms, a decline of 4
Revenue fall short of expectations but theres one key takeaway hidden in that report that investors need to know. Well have all that and more tonight on nightly Business Report for tuesday, march 18th. Good evening. A wakeup call big time for our country. A comprehensive survey on retirement reveals onethird of workers have less than 1,000 tucked away for their golden years. Many dont even know how much they should be saving. Some are calling it an impending crisis, and others want to know how we got here and what can be done to fix it. But first heres Sharon Epperson with the sobering details of the state of Retirement Planning or unplaning in america. Reporter most americans arent even close to being financially prepared to retire. I cant save for my retirement. Because of my bills. Im not really thinking about planning for retirement yet but i probably should. Im not thinking about it. Focused on right now. Reporter more than onethird of americans have less than 1,000 in savings and
Revenue fall short of expectations but theres one key takeaway hidden in that report that investors need to know. Well have all that and more tonight on nightly Business Report for tuesday, march 18th. Good evening. A wakeup call big time for our country. A comprehensive survey on retirement reveals onethird of workers have less than 1,000 tucked away for their golden years. Many dont even know how much they should be saving. Some are calling it an impending crisis, and others want to know how we got here and what can be done to fix it. But first heres Sharon Epperson with the sobering details of the state of Retirement Planning or unplaning in america. Reporter most americans arent even close to being financially prepared to retire. I cant save for my retirement. Because of my bills. Im not really thinking about planning for retirement yet but i probably should. Im not thinking about it. Focused on right now. Reporter more than onethird of americans have less than 1,000 in savings and