Taxpayer. When the president first sketched out the Debt Forgiveness plan back in 2010, the cost was pegged at 1. 7 billion. Fast forward to 2013, the cost ballooned to 3. 5 billion. Now, take a look at 2014s estimate. A whopping 7. 6 billion. If taxpayer bailout of Student Loans is everybody talking about, is it finally here . Charlie kirk, founder and executive director turning point usa, democratic strategist and fox news contributor, tamara holder. Great to have both of you. Charlie, i want to describe as pay as you earn plan. It requires borrowers to pay 10 of the their Discretionary Income a year to their debt but then there is big forgiveness coming. Tell us about that. Sure. So this was an executive action put forth in the department of education in december of 2012. Were just starting to see it come into full action. What is really interesting about this plan that if you graduate and you subscribe to it, it is 10 of your Discretionary Income for 20 years. All the rest of your
Me and every other american taxpayer. When the president first sketched out the Debt Forgiveness plan back in 2010, the cost was pegged at 1. 7 billion. Fast forward to 2013, the cost ballooned to 3. 5 billion. Now, take a look at 2014s estimate. A whopping 7. 6 billion. If taxpayer bailout of Student Loans is everybody talking about, is it finally here . Charlie kirk, founder and executive director turning point usa, democratic strategist and fox news contributor, tamara holder. Great to have both of you. Charlie, i want to describe as pay as you earn plan. It requires borrowers to pay 10 of the their Discretionary Income a year to their debt but then there is big forgiveness coming. Tell us about that. Sure. So this was an executive action put forth in the department of education in december of 2012. Were just starting to see it come into full action. What is really interesting about this plan that if you graduate and you subscribe to it, it is 10 of your Discretionary Income for 20
Push factors. Ive seen these reports. People are fleeing difficult conditions, theyre reuniting with family in the United States, theyre fleeing Economic Uncertainty and failed governments both locally and nationally. So the conditions youre talking about, the crime, the uncertain conditions, the poor conditions economically, what has changed dramatically would you admit that the numbers have increased dramatically . There is no doubt about that. So is there a corresponding increase dramatically in poorness of conditions in these countries south of the border . Its been a while since those conditions have existed. So there seems to be an awareness that is perpetrating among american citizens that things have exponentially decreased south of the border and thats increased this immigration south of the border to the United States. I dont know if its true and you dont know of any metric that would support that. Not metrics. So do you think that there is any difference in our policy . And
Well start with corporate earnings mostly the blues. Du dupont posted an earnings miss. How worried should we be about a global slowdown . Apple is upping the ante in the mini wars. Can the move to go small beat back challenges of the likes of google. Well begin with Earnings Reports that are reviving jitters about Global Growth. Shares of dupont taking a hit after earnings came in short. Dow component announcing plans to cut 1,500 jobs over the next 18 months. 3m matching wall street estimates with Third Quarter earnings but lowering the outlook citing current economic realities and u. P. S. Reporting earnings in line but revenues short of forecast. Its been said this morning that the last hour yesterday was the biggest fake pump in the history of trading given the news were getting this morning. It was a playaction fake and turned out to be a pick six. When i look at the numbers this morning, i want to distinguish them. U. P. S. , we expected bad. We gave you bad. 3m expected okay. G
This stock market. Cant do it alone with the economy. We saw it this morning. In the glorious takeover hallelujah of Kinder Morgan by rich kinder himself and the s p is gaping 2. 8 and the nasdaq is jumping. There were many reasons for it to occur. First and foremost, rich kinder loves it when shareholders make money. And he alluded to that front and center this morning when i spoke to him on squawk on the street. But the main reason is that Kinder Morgan was having trouble growing because the cumbersome structure, the parent company, didnt let the business expand as quickly as it should. Even of course some great opportunities in oil and gas. The new streamline entity Kinder Morgan, inc. , which should be owned for the 2 dividend will give you a great play to play the north American Energy revolution renaissance. Kinder morgan will be the Third Largest energy company, better groat in dividend boost prospects than any other company not just in the oil patch but in the s p 500. Rich kin