Right away including repealing and replacing obamacare. All of this as ford motor cancels plans to build a new plant in mexico, calling it a, quote, vote of confidence, unquote, in the proBusiness Environment the president elect is creating. Well have more on that in just a moment. But first, lets head to capitol hill where we find our very own peter barnes and what has been quite a busy day, peter. Reporter yeah, thats right, it has been, and paul ryan has not even been sworn in yet, and hes been putting out fires all day so far. The house will vote after everybodys sworn in, members will vote on the rules package, the rules of procedure for how the house will address legislation and conduct itself this in the new congress. And earlier this morning that package included a controversial provision to eliminate a semiindependent office of congressional ethics which congress created in 2008 of after some ethics squabbleddal scandals. It can send anonymous tips to the separate house ethics
Different billion dollar climate events. Combine these events, costs the economy over 200 billion. And lest we think this is an aberration, its important to remember the number and the cost of these events has doubled over the last decade and has increased eight fold over the last 30 years. And so Climate Change events are taking a toll on our economy and theyre expected to become more and more intense Going Forward. And so my question for you is, to what extent does fed take into account the impacts of Climate Change in assessing our National Economic outlook and future Economic Risks . So in Monetary Policy making our focus is on trying to achieve a strong labor market and price stability. And our forecasts usually go out a few years. But not over the decades in which Climate Change plays a role in changing, affecting the Economic Outlook. And sometimes a hurricane or a drought can have some of which may be related to Climate Change, but also other factors, may have a significant Eco
24th state to have one. The phone lines are open. Also, send us a tweet or a facebook post, or send us an e mail. Heres what the president said yesterday in michigan. [video clip] these right to work law dont have to do with economics. They have everything to do with politics. What they are really talking about is giving you the right to work for less money. [cheers and applause] you only have to look to michigan, where workers were instrumental in reviving the Auto Industry and to see how unions have helped to build not just a straw uppermiddleclass but a stronger america stronger middleclass but a stronger america. People and should be focused on the same pink. They should be working to make sure Companies Like this manufacturer is able to make more great products. Thats what they should be focused on. Host distorts free press, courtesy of the newseum in washington, as this headline some schools are closed in the state so teachers can also protests that block today. Here is the detro
Experiences. Guest the federal government has tried to roll up waste and fraud, but when taxpayer money is involved it is different than a private enterprise. The ability for fraud to creep into Government Programs financed by taxes is much tighter than private enterprises because shareholders have their own money that they invest. There are a certain amount of problems. For instance, medicare, probably in the order of 60 billion per year in a wasteful and fraudulent payments. This is a huge number. It is in part because medicare programs paying a billion claims a year for medical services. The ability to track the claims and figure out which ones are right and wrong is limited at the federal level. I think there is a certain amount of things that go on and government that is difficult to get all the waste out. The caller is absolutely right it to be a top priority. Host alright, kathy, Wesley Chapel florida, republican caller. You will have to make a quick. Caller hi. Ok, first, i thi
What did obama do to earn the hatr hatred . Is he some kind of dangerous criminal . Not exactly, obama came up as a Community Organizers, a softcell guy. Hes done just about everything right in his life. Didnt have a father around, but did a great job in school himself. Got into columbia, later, harvard law. Didnt become a money grubber. He decided to work helping people in his own community. A peaceful kind of guy. Is he some bounder who doesnt take responsibiliiblility for h manhood . I say just the opposite. So what is it that the haters fear about this guy . What do they hate . That hes black . Is that it . He didnt push gun issues until newtown. Is it the immigration issue . Hes the same as the gang of 8 right there in the middle. What is it they hate in this guy . They should be applauding him as a role model. A hundred years from now, white, black and brown, this is just the guy youd want standing out there as our role model. Thats hardball. Politics nation with al sharpton star