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ABC
Oct 14, 2012 9:30am EDT
down with former senator and governor, republican george allen. thank you for joining us for "washington business report." summit of the issues you he been dealing with have focused on the economy. those automatic spending cuts scheduled to happen i in january. you strongly oppose the idea now. at is the alternative? >> the alternative is leadership. putting off decisions to another commission. if they fail to come up we result in devastating cuts to our military readiness and over 200,000 jobs are at risk in virginia. the right thing to do is not raise taxes as they are proposing. it would cause more job losses. i do not think these 200,000 jobs ought to be used as a ba bargaining chip to raise taxes on job-creating small businesses. what needs to be done is starting with what the use of representatives passed in the month of may. the senate has not even passed a budget in three and a half years. this is an unprecedented irresponsibility by the senate. make cuts elsewhere in defense but get revenue and one of the best ways is unleashing our american energy resources. one of
ABC
Feb 3, 2013 9:30am EST
suites. booearly and save up toto 20%. >> welcome back. george washihington university leads the list of the ve private employers. michael has gone through the annual financial reports and found george wasashington is in second place. washington hospital is in third place. howard uniniversity is the fifth largest t employer in the district. stay tuned. our roundtable will be back after the break on the economy. >> the dow hit t 14,000 on friday. that did not disguise bad news bring for the washington area and national e economy. we f found out the gdp shrank due to cuts in defense spending just as reports came out congress is no closer to deal to avoid sequestration cu. we saw the number of jobs created is not grong fast enouough. more peoplple are filing fo unemployment.. herere to discuss this are twtwo of our favavorite contributors, j josh boaknd sahil kapur. welcome. there are plenty of ways to see a bright side in the economy. there are plenty of ways where people are worried as well. we have some breaking news on friday that the district financial officer is resesigni after last y
ABC
Feb 19, 2012 9:30am EST
potential bigtories of this year, wanting to build a casino in prince george's county. >> a $1 billion project on the shores of the potomac -- ihink there will be discussion about it. he has changed his opinion about it. he is supporting it now. i think it cld change the face of prince george's county and the region. the other big story we reported on was the w-mart's coming to the district o columbia. >> that will make it more difficult for me. i am devoted to target. one of the things you covered and broke the news on where the corporate decisns in terms of headquarters with northropp grumman. you covered that closely. why so important, when places only -- like northrop only brought 300 js tax >> there's something important of all washington been the headquarters location for businesses. we've seen a number of companies that want to have a quarter -- headquarters here. whenhey think about washington, itays something differently about us rather than just being a center of government. having helton, the u.s. headquarters for siemens northrop it means a lot about our region. the
ABC
Aug 28, 2011 9:30am EDT
there. >> we are also getting updates out of pepco saying prince george's county was one of the hardest hit areas. the clay anderson spokesperson saying outages in upper marlboro and elsewhere will take several days to repair. at the height of the storm there were about 220,000 customers without power. they have five substations knocked out, more than 300 wires down as of this morning. >> we want to get to kris van cleave who has been following some of the power outages and getting the latest on some of the outage numbers. >> pepco is saying they had prepared for something along the lines of isabel and didn't get something quite so severe. however, you still have an awful lot of people without power this morning and it is awfully severe if you are without power. when you hear about substations and feeder lines being knocked down that is the big supply root for a lot of people. so it is possible as they get the substations back up you will see the unless decline. the other big challenge is there are trees down everywhere. i have some eyewitness photos that people have sent in that under
ABC
Jan 8, 2012 9:30am EST
toto. yoyou are making news wiwith what could happen to real-estate in this area. >> george mason did recent study looking at what the potential impact could be on this region. from the contractors on down to the retailers to support those contractors and businesses. real-estate is a big part of that. ey were looking at a wororse case scenario. this is not going to be this year or next year, but a few yeyears outnd is a good reality chececk of how dependent we are that couldld really impact real- estate. >> it will not impact me but you are making the casase that unss wasngton n prospers as others have suffered, we are goining to take some hits because of having the defee in our own backyard. >> if yodo not, your neighbor does or all of those around you. if the worst-case scerio happens, we would be lookingng at very f flat, tepid growth with several tens of thousands hundreds of jobs. >> you have covovered this forr some time, the continuingg stalemate that led to the failure of the super commiee. theighting keepeps going the presidident makining a surprisise numberf recess appointme
ABC
Aug 21, 2011 9:30am EDT
him well. >> we have seen the numbers. george bush had three times as many vacation days as president obama at this point. i am from oklahoma. to us, it did not look like a very fun vacation. we went to hershey park this summer. why are they not being more sensitive about this issusue? >> i think it will get a pass on this even though there is a lot of talking about it now. and i think it is more of a personal decision. >> i think sasha and malia would have more of a fun time at hershey park. >> president bush owned a large ranch, a beautiful house in crawford. from a reporter point of view, i am not sure martha's vineyard is notthat much fun. >> barbara lang, you know there is this ongoing conversation, and i am agnostic on 8. republicans say tax cuts will create jobs. where do you stand on that? >> i agree with her. think you have to do that because that is the way you stimulate businesses. a large portion of businesses are hoarding cash. they can hire local ridents if they see some stability there. i think the tax cuts would help, not hurt. president obama thinks this is something
ABC
Jul 10, 2011 9:30am EDT
business innovators. in prince george's county, johnson finally waved the white flag. the executive says he screwed up on a key initiative by not getting the business community to help himself development fund. the money is in trouble if he gets pushed back from the council. here to talk about that and more is kate andersen brower and bruce depuyt. welcome to both of you. we do not know really what to expect on sunday with the debt. we've been talking to sean o'keefe about defense spending. how is that playingnto it? >> both parties a being asked to cut their third reails. republicans are looking at raising revenues. it will be tough for thehe caucus members to get on board. defense is one area the republicans have always been wary of cutting. it could be as high as $700 billion in cuts. >> $400 billion was already seen as a large amount. >> they have expressed concern this could impact america'ss ability to buy state-of-the-art weapons. it could lead to further cuts. the defense department is gearing upor it. defense is an area of discretionary spending. the president said last wee
ABC
Apr 10, 2011 9:30am EDT
director of regional analysis at george duration university and he ss this is a recovery thahat happened despite the housing market. a presidential homes are still not there yet but he said in the washington region we neeeed 30,000 more housing units per year to keep up with anticited growth. what is your strategy? >> i think it is going to be inin two different places. all forms of housi slowed down over t the last three years. apartments have come back because their rental rates have gone up dramatically, so it makes sense to build apartments from an economic standpoint. for housing, it is in the washington region on the demand side. there is very weak demand because of the lack of confidence andnd unemployment paranoia in the marketplace. >> a the washington post profile debut in 2007. he really set your vision on building communitieses and not just buildings. tell us about some of your developments and what you have ead. >> we are developers master plan communities where you build entire communities. we went from a low w density basis to high-rise context such as pentagonity and subu
ABC
Mar 11, 2012 9:30am EDT
-quarters of a percent in 2011. the value of assets minus liabililitie almomost as s bad as the george costanza kind. we hope to see weight loss programs can be expensive. so to save some money, i just got the popular girls from the local middle school to follow me around.ro ew. seriously? so gross. ew. seriously? that is so gross. ew. seriously? dude that is so totally gross. soross...i know. there's an easier way to save. geico. fifteen minutes could save you fifteen percent or more. [ male announcer ] if you believe the mayan calendar on december 21st polar shifts will reverse the earth's gravitational pull and hurtle us all into space which would render retirement planning unnecessary. but say the sun rises on december 22nd and you still need to reti td ameritrade's investment consultants can help you build a plan that fits your life. we'll even throw in up to $600 when you open a new account or roll over an old 401(k). so who's in control now, mayans? [ male announcer ] this was how my day began. a little bird tolme about a band... ♪ ♪ an old man shared some fish stories...
ABC
Jan 1, 2012 9:30am EST
signed on to this in 2003. he said he remembered the first meeting on this, and they met with george washington and pale fawn. it goes to show h long in the making it was. >> it managed to get back on track. the recession was not a good time for groundbreaking and development in theashington area. does the sw signs of life for the entire area for 201 >> the fact that it is progressing shows some sign of life, and it is also one of the things thatt eryone knows.s. how ny times havave we driven arouound that big giant hole with everyone waiting to see what will happen? >> the thihird story as voted by bo the editors and readers is the new headquarters which ended up having a g game fofor maryland and virginia. they movedeadquarters from california to northern virginia but they also guaranteed more moneney for maryland when maryland got worried they would lose too virginia. >> this is a story that one of our reporters had been tracking for months, known as project x in circles. literally,y, it was a mystery novel waiting to happppen. 30000 square f feet were being sought out by a big co
ABC
Sep 16, 2012 9:30am EDT
everyo is quoting. that was done by stepephen fuller at george mason university. >> well, dr. fuller, the noted economist, look s jobs st when it comes to sequestraon. >> automatic spendincu in defensand elsewhere. looked it defense. >> exact. the e defense iact initially then across feder programs and the country, and the nunumbers are staggeriring. you're talking about the lososs of over 1 millionefense-reled jobs. agencies like n nasa, the department of agriculture which it 2.1illion jobs. >> the numbers might sound familiar to everye because s many advertisemes have been running for the politicical campaign. the potentiaial loss of 600,000 bs in our region, especially the virginia-area. let's break the members apart. there is no way to gauge where the jobs woulbe lost, so this looks at if there were a cross- the-board cuts at the same level at every level. nobody expts that. ththey expect heavy job losses, t nobody expects across-ththe bod-cuts. our people lobbying congress against sequestration overall, and at the s same timime saying if it happens, protect my program? >> they a
ABC
Mar 9, 2014 9:00am EDT
follw that, because he is smart about a lot of this, but i think one ofof the reasons george bush bet al gore was his eq. it's along well with others. wegore -- behind-ththe-scenes, saw his eq, but on camera, he's in staff. >> a p perfect example. great emotional intelligence, and look how far it took him. at work, you have to manage conflict, relationshships with competing agendas, have difficulult number stations. you have to inspire people to follllow you. abbajay, we could give you a whole hour on this. i give for joining us. when we come back, we tell you how to stay touch. >> we hope you remembered to spriring forward today, even if there is still snow that has not fully melted. whyou are fixing the dvr, we want to tell you abo upcoming guests. we will be covering the d.c. mayoral re, but we wi also bealking about thehe circus and hotourit into a billion-dollarusiness. and we will be going behind the scene th someone who has brought some goodies to washington and someone who managed to take a business that almost went broke and turn it baback into a huge success. as always, we enjo
ABC
Nov 6, 2011 9:30am EST
a are close to the bottom among the 15 biggest areas according to a george mason steady. >> were in a very good situion. that is because ofheir growth over the years. you are right it has become stagnanant around here not as mumuch as because of the economy b because of the uncertaiainty. look decrease in the open closer in thihis region closer than other regioions because o of how much foreign monecouldd come here. people are not looking to hire or buy new equipmentr expand their office space until theyy get some degree certainty of what is next. the super committee is next. >> the private sector is going to be falling right along with what happens here. >> very c close. >> wt do youou advising business ners? >> on december 1, we willet people know what is inn this december or november 23 proposal. we want to wk them through what it wi name, e implications for greater washshington people n need to understand scenario planning. there are automatic cuts. no one kno what they are. ththey know them in the broadest strokes. leon panetta has spoke about it with mility spending. know w wh
ABC
Jan 20, 2013 9:30am EST
fuller from george mason. that is a huge amount coming to the washington area a for every federaral dollar spent. there is a flip side to that. we are seeing a possle downside. didd you notice any concern from the governor o'malley about the fact that federal spending may be decreasing? >> the is no question that the size of the federal governmenent makes us as close as you can n be to being recession-proof. we are buffeted, we are protected in tererms of this regigion whehen the economy goes south. there is some concern that whetr it is the sequeststered that we will see a cut in feral spending this year and ththat will disproportitionately affect t washington area becacause we benefits in general. there are down sides. one is traffic and the other is housing. two hououses in my neighborhooood have gone for it -- sold immediately and it went f for w above the asking. one of them had 19 offers. you almos wonr, is s it back to the previous --re recession days?? >>>> gernor o'malley is n sendining an i increasing amount in the maryland rainy day fund. he is concerned they will not mee
ABC
Oct 19, 2014 9:00am EDT
clinton started and george obama-- bush and barack started in his first term, that has worked well. what are the stakes for net neutrality? >> we want to make sure consumers are never blocked for getting access to lawful internet content. we want to make sure that if broadband providers are managing traffic, that there is transparency and disclosure as to how they are doing that to make sure it is fair, and finally, discrimination. make sure that any internet provider isn't discriminating against the content that is going over their networks. >> what some consumer advocates said is we don't want there to be the so-called fast lanes where big companies like netflix can have a faster way to provide data that will discriminate against. >> several advocacy groups have come up with this really bogey man approach where they say, what if this happened, what if they created a slow lane and gave it to only certain people. that wouldn't be a good thing. the fact is no one is proposing that.. we did not have net neutrality rules for 20 years, of any kind. we don't have them today. still, no o
ABC
Oct 26, 2014 9:00am EDT
silver line meto from start to finish. it has been around since benjamin franklin and george washington. certainly it was during the time i was on the board of supervisors that it started moving fward. >> when it comes to obama care repeal it, fix it, or leave it alone? >> we need to repeal and replace it. i very much empathize. the business community needs certainty. we needed in government, in business, and health care. that is a life-and-death issue. to have health care portable. we need to have it affordable, have certainty your premiumsms aren't going to go through the roof. businesses are seeing 63 increases. >> but you know health care costs were headed up anyway. say they thinkts they are bending the curve a little bit. do you really y think that a complete repeal is the right way to go with this thing? >> i do think we have to start over and provide certainty. what this president has done is defended whout creating uncertainty. we need to start over with something we can all agree on. it should be bipartisan. >> it needs to be fixed. repealing it is the wrong approac
ABC
Oct 21, 2012 9:30am EDT
area in the news this week, prince george's county. we wilsit down with county executive rushern baker, but first we crossed the potomac where the race is in its final seat ands closely wated across t countntry. last week we spoke to former governor george allen. this week, democrat tim kaine on taxes, jobs, and how to grow the economy. >> thank you for joining us. the same question that i asked senator george allen, an issue that weigh the minds of many -- automatic spending cuts tt are scheduled to take place in january. youut forthth a detailed proposal. tell us what that plan is. >> i will. we are only here because off congress not been able to work together. i put a plan on the table get rid of $1 trillion of cuts by doing e following. we have to make a decision about the bush tax cuts. they expire year-end. i would let them expire for over $500,00000 in income. we need compromise. making them permanent would bust the deficit whiter. let's find a compromise budget wider. but signed a compromise. fix medicare. allow the federal g government to negotiate for prescriptions ther than
ABC
Sep 23, 2012 9:30am EDT
senate canandidate george len and senate candidate budget -- tim kainene. one the t things that generated headlines with a discussion about taxes. at t that we have sound te from both gentlemen. let's take a listen and then talk about that. >> everyone pays taxes. the statistics -- >> federal income tax. >> i would be open to a proposal for a minimum tax for everyone. but i do insist many of the 40% pay a higher percentage of income in taxes than he does -- 47%. >> i want more people to keep more what they earn. we need policies that did not increase taxes butecrease. tim has a different point of view, where he was trying to ise taxes on people earni as little a-- a year. >>that one comment bti kainenerated a slew of responses from george allen and threpublican party and got a big headline in fday's of the washington post." he ce back ansaidook, i just said i w was open n for discussion but not advocating a minimum tax. you would not anyone in the senate to at least look at a proposal. what did you hear in terms off taxes from both candidates? >> whai heard yesteay -- number one
ABC
Aug 3, 2014 9:00am EDT
to prince george's county and it already creating big buzz. it's opening on happen until the summer of 2016 at a job fair in junene had hundreds of residents in prince george's county and surrounding areas looking for work. mgm has committed to hiring a minimum of 40% of the employees locally. the company is setting records for growth worldwide but what i sat down with the ceo jim mirren in the spring, he also talked about when times were tough and how it was employees who helped turn things around.. >> it was at her and this time, our stock went from $100o two dollars. we had to do hoic efforts through the coverage a lot of men and women at mgm, to get to where we are today. i did not know how it will -- and would have ended up. if i had known, i would have joined the intellectual process, but i knew that we did not havee to give up. that was the message then. i think we are now a symbol of the resilience, a group of people that would not give up.p. >> were there any y e key turnig points when you thought, this is where we are turning the corner? was it just sticking it out for a p
ABC
Jan 16, 2011 9:30am EST
economic growth for the county. >> some people have steered clear from prince george's county. do you think new businesses will be willing to take a chance there? >> i heard from the gsa commissioner that the gsa is looking very closely at prince george's county. it is still an area that has great opportunity and development. >> is there any specific businesses or leaders that you look to to help grow the economy? >> there are some large projects for the district of columbia. clearly, the convention center and hotel has been in the works for 20 years. the ground is broken and they are laying the foundation, so that is clear the exciting. it will be the largest project in america. it has enormous opportunity for community development in ward 8. >> the president and ceo of the board of trade. we will get him on soon. we appreciate all he has done. let's review news from some of our top business sectors. there is some optimism for our real-estate sector. the washington market should see its median home price rise in this year, forecasting a 3.7% drop nationwide rockville-based human geno
ABC
Jan 26, 2014 9:00am EST
on his successor. in george bush's era and a clinton era, this is consisiderd a business friendly place. now when y you have a government that over regulates the private sector a and does not focuon getting it right so you have the outcome you want, but creating as many jobs as you can for operatives who supported you doing a companion can ---- still gamblingre up there. it's those kinds of things that make the country unattraractive. >> is it unfair to blame t obama administration when you have aongrs who has barely been able toass anything, it seems, over the last couple of years? you have a deeply dividedd house amongst threpublicans, and you have the senate in control -- the uncertainty, the shutdown and the fiscal cliff -- it starts to feel like groundhohog day here in washington. doesn't that start to undermine business confidence? >> let's look at what he has gotten de. dodd-frank h hasied up the financiall sectotor in knots. i have small banks to tell me they need to get out because off the level of regulation. it concentrates desits i in the hands of l large banks. 60%, f
ABC
Jan 30, 2011 9:30am EST
george's is still having a tough time. that might go on for a while. but in the close in market, particularly, you are seeing a big success story compared to the rest of the country. >> you see lots of businesses wanting to go to prince george's county. dr. crow, tell us what you are looking at in terms of mortgage rates? they are coming back up a little bit. >> they take up a little bit and i expect them to gradually move up as the overall economy improves. but even by the end of next year, i still don't have them above six and a half. >> donna, quickly -- commercial real estate, the you think there are signs for hope? >> we had a couple of really amazing sales toward the end of this last year. it is spotty, but we now have the most expensive leasing market. we surpassed new york city in this area. >> not good news of the have to leave the building. thank you so much. we have some profit figures from some of the base of the -- big aerospace players -- boeing, net income of $1.16 billion, down about 8% compared to the first quarter of 2009 and general dynamics reported a 19% jum
ABC
May 19, 2013 9:30am EDT
vying for the lucrative prince george's county casino license. we will come back for it, but .ive us the thr are >> mgm resortsnternational, greeood racing and penn national gaming. >> greenwoods the new player. we will take a quick break, but when we come bac i i wan to hear how they got inin thehe competition. stay with us after the break >> we are back with our roundtdtable, michael niebauer, there is a hot compition in prince george's county -- weig the e odds for the three compans competing for the casino. >> mgm is the front-runner because of their reputation andd the location tt they have chosen that is vermuch ready to go. they are the os if anyone had to choose. --n comes green park greenwood raracing, which promises slot machineses and tae games with a bigger i initial payment to the commission based on the amount of gaming they will bring, and that took eveveryone by surprise. >> you still give mgm the odds cause they have backiking a anda better site, but the ones you discount thehe most seemto be ---- .> pennational they have offere only 500 sts and a $25 million less di
ABC
Oct 6, 2013 11:00am EDT
george's or fafairfax?x? of challenge is with all that time and attention oit, it's s not productive work. it is spending time on things we should be starting off on getting the job done. >> exactly. the laborepartment's start to be flood, particularly the district's. lining up tole start the employment compention process. >> i want to lk to you about sequestration, barbara. but i want to start wiwith chris kluger. you becocome thehe goto guy. many pple thought we would avoid the shutdownwn. you were predicting that you thought we would get to ts point. now you are predicting there is a 40% chance we wl geto ocber 1 are you ill standing by those numbers? >> we are. becae th government is shutdown, that october 17 deadlines probably a bitater because the treasasury -- ther's probably a bit more cushionon there. october 17 comes and goes. 40% chance. right nonow they are in this staring conte. the grand strategy for both des is not to blink. us about ththe process. what will happen oe we hit thehe debt ceiling. p people have thrown the default term around.d. willtober7, the
ABC
Jul 15, 2012 9:30am EDT
george's county will get the chancece to catalize on that. >> there's always lots t their. >> gog ba to the mayor what this next week look l like for him? >> he is trying to make as many phone callss he c, but the wawashington post had a story today thatt even commmmunity residents who voted for him h have now turned against them.m. they are sayinhe hasas got to go. he has lost a lot of peoeople. >> can he be removed if he is not indicte >> i'm not sure howhe law is written. if there is a recall -- >> was there o or recall? >> t there was our recall after th petitions and such. i do not know of the publ has the authorority to vote him o out in peach him. i just don't know. >> is this a conversationon peoplple are hing every single day? >> we see that juririsdictions have been rather obstinate. >> trurue. >> what is sprisining is, i would have suggested it was cocommon ground for the former chairman. en he was indicted, he resign driveway as part off that deal. i would have thght the opposite with the mayor, thahat he would have reesigneded. >> talking about the issue. it is a dedeal. him ag
ABC
Jul 13, 2014 9:00am EDT
, prince george's county, maybe d.c. "the washington post" is now reporting maybe none of the abovove. what is hapappening? >> last week, the g greater washington region was shortlisted for the 2020 olympi. when we look at the short list spec did next week, i think game on when it comes to attracting the fbi. maryland do not beat u up on the districand then he goes to cleveland with lebron. we knew we wod get lebronn in there. you have to have a cerin amount of acreage. they are alsemphasizing security. that is a lot of land it will require. >> it is. thatat changes the dynamic o oft sites will qualify for a potential headquarters. >> ste tuned. stay with usit. we will be back after the break. when i do things now, like try something different, and i get to t first step, i relish that. i had less than 12 hours to live if they didn't find the leukemia and treat it right then and there. you're either going to make it or you're not. i did. when i was first diagnosed, cigna had two young ladies call me up. and they wanted to make sure that i had no problems, because they felt that i had e
ABC
Feb 23, 2014 9:00am EST
national gallery of artnd george washington university. an idea that many say will save the corcoran and its collection, but others criticize it, saying it will fracture or dismember the museum. in an exclusive interview, we talked to the three taed with this partnership. earl powell, stephen knapp, and peggy, president of the corcoran gallery and college of art and desi. oining us.fofor the business o of art is big business. a business of museums. it is a difficult business. where is the corcoran now, why do you need a partnership? >> the corcoran is a 19th century institution that isow in the 20th century. many things are happening with art and culture. we think this partnership enables the corcoran to continue the irit of the institution with two great washington, d.c. orders who know the llection siness, education business, and our faculty and curriculum will not only be maintained but enhanced in a wonderful way. ststudents will s still be in te building. on the collection side we have an opportunity to do additional research. e national gallery has a beautiful study center. we
ABC
May 1, 2011 9:30am EDT
and george clooney and the jonas brothers show up for a party, but it is where business gets done. tell us about that from your perspective. >> it offers an opportunity f a lot of people who are journalists, people in different forms of mededia, to have opportunities to not only network with each other but also be introduced to tim daly or robin bronk and learn more about the issues that they are talking of and having more important conversations. i think a lot of important conversations come from it. because we are in media, we get to talk about it. >> i have to admit, we learned a lot about raising hospital industry standards from dennis quaid last year at one of the parties. how can the biness community -- it is not easy to get an invite. >> it is not easy to get an invite. >> you have to go to the lunch that is this year being toasted with -- my boss posted an important branch, and john mclaughlin posted an important branch - -- hosted an important branchunches. >> a friend of mine told me that the brunches s are the most important because that is where all the networking goes
ABC
Aug 31, 2014 9:00am EDT
credit for that or do other forces in the economy? >> this looks a lot like the george bush recovery. in the end, the u.s. ecoconomy does not ce for r the white house. >> despite washington, the economis doing better. i counted you to wear your solidarity with e president.t. i ththink that market is tankin. >> the tan astute markeket? he did notull it off this week, i don't think. what did he pull off? he says it is congress' fau? what does he want congress to do? >> the reality is that this economy turned around quickly. we should thank the fed. t thing, what the president should do o is pass a bdudt. >> that is probably wt happens. >>>> by the wayyou tatalk about d.c. d.c. growth is being harmed because ofequestrationon and the fact that congress. caot manage itself properly >> explained that u.s.. we have always thougught we were the recession proof economy because wewe repely on the government jobs. is that what is drivi the sea unployment ticking down slightly? >> it does affect d.c. health care spending is increasing. that money goes out national, everywhere. where we
ABC
May 13, 2012 9:30am EDT
havthe highest dian price. prince george's county had the lowest. that was still a 7.2% increasase. thank you for joining on ashington sinessss report.t." ♪ [ male announcer ] are you paying more and more for cable and enjoying it less and less? upgrade to verizon fios tv internet and phone for just $89.99 a month guaranteed for two years with a two-year agreement. this is a limited time offer, so don't wait. get fios at this great low price. act now and you'll get $250 back. but hurry. this incredible offer ends june 2nd. call 1.888.8.get.fios. fios. a network ahead. call the verizon center for customers with disabilities at 800-974-6006 tty/v.
ABC
Sep 9, 2012 9:30am EDT
world-class resort casino in prince george's county. two thousand construction jobs to build it. four thousand permanent, good-paying jobs when it's done. hundreds of millions for maryland schls... real oversight to make sure the money goes... where it's supposed to. but none of it will happen unless we vote for... question seven this november. vote for question seven. and help build a better future for maryland. that fridge in your tchen may have crossed this bridg your new car probobably rode these rails. that shipment you just received w tracked by satellite. we build and maintain. we invest and innovate. so we can deliver what america needs. this year alone, freight rail companies plan to spend twenty-three billion of their own money, not taxpayer dollars, to build bridges, maintain track, and develop new technologies to keep freight rail and our economy moving. there's a lot riding on these rails. >> our number of the week -- five, washington's position on a list o of the country that were cities for speech rights. car insuranance.o.oerg -- said it earned its slot becau of the nu
ABC
Jun 10, 2012 9:30am EDT
the district of columbia. like the troubles in pprince george's cunty that are being cleaned uup. it is not good for the district of columbia. now there is more uncertnty about being able to do business correctlyly n the disstrict. at willingger for quite some time as everyby els waits to o see what nex. >> jennifer, what happenned? kwame rown ws emphaat he wasn't going anywhere. he was icking fighhts with te mayor over econoic developmenen just a few daysaggo. and now inamously gave a little shove to our colleague mark when he aske him about the problemhe was facing and suddenly resigned. what happened? >> a lot of attention to the down at the wilsn building. they can't figure out what is going on. the specter goes farand ide over everybody that works there. it is strange situation. bank frauand not a big amount of money. >> a lot of voters scratching their heads saying lying about your income for a boat loan you'll still have tto pay back no matter how bullet proof the boat may bbe. peterer mmorrici, , the specula beg widely discussed far aand wide in the business community, many p
ABC
Mar 4, 2012 9:30am EST
u called prince george's county the econonomic center of the reon. >> they did. >> you have proposed --ther things to return to do. but first, we have to tatackle the problem you are facing, the budget defic. $125 million projected d deficit. a lot of people are saying it is not clear where that is going to come from. >> thehe whole region is faced with an economic dowurn. from w where i am that, i have asked agencies to take a 5% cut across the board. the only agencies exempted our education and public safety. everyone else is making a cut and this is clearly going to impact the things we want do at prince george's county, which is why the economic activities we he donone with ourr economic development center fund, our commercial tax base is so important cause we wl bee able to clo the budgetap. unless we low our tax base, we will not be able to provide the type of services people in prince george's county are expecting. >> can you be more specific? >> what t it means is, we are going g to hold the line on -- we may try to do something like one time bonuses b bonus for ememployeeees
ABC
Jul 26, 2015 9:00am EDT
region. prince george's county with a couple of -- one that especially surprid me -- what are the headlines from prie george's county? robert i think the one you are referring to, the coty executive has quietl pushed to move his offices and the county council -- rebecca: picick up the capital. thriving largo he is also really now t the one where the purple line now res. robert: leggegett frorom montgomery county said he would kick in a couple million dollars more as governor hogan asks to bubud the purple line. now prince george's is kicking in more, so there are gotiations, prince george's county and the state of maryland about how much prince george's contribution will be. rebecca: now they are pushing t to raise minimum wage to $ $15 an hour. the ceo of dunkin doughnuts came out stronglygainst that. dunkin donuts says it is a mb idea. starbucks says they are e doing well. where will the redskins go? n terry mcaulif after making a big dance for the redskinins, he said, hey, i may not ask virginia tech to pay for a n stadium. so, which h of those headlines really stands out to yo
ABC
Oct 28, 2012 9:30am EDT
to believe it willl probably pass. believerince george's county forhis. vote >> lot of religus leaders are not liking it. the washington post said it is for the state. i want to turn to some othe things. way you thihink it is going to go? >> you have to y it is close. you can fill from the amount of momoney that it is stillll in p. we have a gambling money fighting a gambling propositioi. not talkingbout a addictition oa people saythings they wanted defeated. they a using this nion of, politicians have likeded to st. they said it would put moneyey into education and look at our schools.s. this ian argument th has hold. why he was in town the otheher day. want theo not competition. want to bring you into this discussion not about gambling but i want you to wagern two scenars. outcome off the campaign if mitt elected.re to be what would the business to manage the expect to see aboshing obamacacare. we know he c cannot do that. whatid youou predict he would impact the business community? >> there is not a lot he can do day onone. he has been promising to do so much. stop hyperbole
ABC
Aug 14, 2011 9:30am EDT
, managing director of the mason enterprise center at george mason university. keith segerson thank you for joining us on "washington business report." it is such an important time. i spent this week talking to sml business owners -- very anxious about where they are with all this uncertainty. let's start by talking about the center. what do you do? >> the mason enterprise center focuses its research on economic development across the commonwealth of virginia and working with companies to help grow. >> it really hands on. tell us who can come to a good vantage of your resources. >> it is a practitioner-based resource. we help them grow and help them with the venture and angel funding. >> is it limited s strictly to virginia companies? " some programs. we have an umbrella services. we have dod funding. it depends what the scope of the program is. >> you have got the international development program, the fairfax innovation center where you teamed up with the city of fairfax. that is supposed to help with office space for anyone who wants to incubate a business. then you have the virg
ABC
Sep 2, 2012 9:30am EDT
a decision by thehe u.s. treasy department of 450 jobs from prince george's county to west virginia. the agenency says the move results from a a merger of the treasuryy departnt and the bureau of public debt, has a facility in west virnia. “washinington business report" quotes sharon baker is saying that the move will i increase the disparity between the number of workers s who live the county and the number of js inside prince george's county. we need to take a quick break but when we return, the “washington biness report" takes up the top business topics that camout of when we switched to fios, we got better tv, better phone better internet. it was like somebody like took our computer, shook all the junk out of it. we're actually getting more for our money with fios. [ male announcer ] it's time to get more for your money. upgrade to verizon fios internet, tv and phone with our best price online. just $84.99 a month guaranteed for one year with no annual contract. there's at least three computers. [ girl 1 ] a tablet. couple of gaming systems. we could all be running at the sa
ABC
Nov 18, 2012 9:30am EST
korman frey the founder of the project and adjunct professor at george e washington univeity. also, theresa alfaro daytner the ceo of dadaytner construction group. and kim rosenberg the predent of mixology d.c. welcome to y you a. kathy, it h has a fine namee but a serious purpose. when you went to leaearn lessons from anyone in the business worldd you look at ce studies and you decided there were not enough case studies from women like you. they allll camfrom a bunch of guy c ceo's. now you have the largegest case studied library in the world. is avavailae to the gs as well. >> that is right. it is interesting because we did have in my class a couple guys last semester. >> that is the c classhat you teach. good. the guy;s are starting to learn ass well. >> many-- learn as well womenho are in f formall programs in fortune 5000 companies, to make their way up the top, those companies are more profitable. there areeaders of untries that are emplong programs use programs supporting women enentrepreneurs to raise their gdp. >> we wawant to get to these wen entrepreurs. the fifirst one
ABC
Nov 11, 2012 9:30am EST
between the romney campaign in virginia and george allen campaign in rginia on the issue you cite, what republicans call the w on coal. no doubt that this territory f for the red team. but young people and oththers, who are cruciaial and central to the obama universe, anand tim kaine benefited fromom this as well -- they came out in numbers. they were both wo -- they were mototivated in numberss to comeut. >> mr. obama medical forcece early and the camign, that he could forsake coal and oil interests by a winning those w keep least as well as those he annoyed. -- who he pleased was tse he annoyed. it would be strong base of support for "clean ergy" a as a concepept. what you saw in virginia was why obama 1 nationally. >> one saidid a prayer with h employees.s. i thought was verery interesting whenen i iervied george allen -- iaid to him that when you lose the race it was more than justst the macac mome. he s said, "i i learned thhard way, wneeded moree of a statewide grass-roots campaign." clearly y he w outdone by the democrats. obamaaad 100-somodd fifield offices ohio compared t
ABC
Jan 18, 2015 9:00am EST
back rong than n ever. >> now we are in an important time, stephen fuller f from george mason, alyzing the region, talking about the possibilitity of a declcline. agree or disagree that the washington a area may be in a period of dedecline? >> i think there is a real challenge in front of us. we are entering perhaps april 2 of decline, we don't turn around our economic fortes. we are growing low-wage jobs, are losing higigh wage jobs, and frankly, the suburbs will be in for a rougugh time. montgomery county will have a few young -- rough years. hopefully thdistrict w will do well. >> what is the most importantnt thing, focusing on diversifying our onomy?y? >> that needs to be a pt of it bubut we n need to speak as a region. that is why i am so prououd to be at leadership greater washington. we needd people to ce together and lolook aus within the region and that w will hehelp solve some of the oblems. >> and stephen fulr pointed that. do duncan, i could talk you for over an hour on th subjects. we hope to have you back on the "washington businessss report." when we come back, an expert
ABC
Aug 17, 2014 9:00am EDT
favorite description is your own descscription of yourself of the time when you said you were the george costanze e of the dot com era. you had to move into your parents. >> it stop living at home but i went to college away from school. later on, i was doing it because it was a necessity. i did not think a salary for all more -- almo three years. there is our sacrifices and entrepreneur needs to make. >> d you look back at the time and say i blew it? >> of course, it was not just taking a salalary. i had signed up to about $800,000 idebt. you cannot pay it off. too many companies nowadays like instagram or whaapp are created in two or three years for billions of dollars whh is great for them. we all want to be like that. it's false perception. >> it's like winning the lottery. if you look at many have been able to do that, the lottery is a higher probability. >> you went back to the basics and what enabled you to stay in the game and startrt taking on competitors? >> we went back the basics. between 2001-2004, we were paying back debts and then w we grew with little growth and we we grow
ABC
Aug 5, 2012 9:30am EDT
i have to point out we said people shouould not -- there waa widely cited steady b by george masason university from a noted economist and many people have been noting about the number of jobb cutthat would result in sequestration. he was just guessing at at would happen because no one laid it out if there were e across-the- board cuts in every program. business owners and defense ntractors arare nervovous in the washington region. >> those are the numbers tt we have to go on at this point. defense espspecially in the suburbs, defense contrtractor and is with the defensese department ends mey. that is going to be cut them than those are the businesses and the workers who ar in our ea who are more panicked than anybody else. that is why we saw aally this week by the defense industry and mbers of congress saying s stop sequestration before it is too late. >> things got nasty on capitol hill this week between various factions fighting over whose fault it was. businesses are understandably nervous. if they dnot come up with a solution before next yeaear, ople could starteing laid
ABC
May 15, 2011 9:30am EDT
topic. as the money rates down on wall street rain led to big flooding at the george town harbor. nobobody is saying who. give us an update because they are starting to slowly reopened, but people lost a lot of money. >> they did lose a lot of money. there are people getting sued. as of now, there is only one lawsuit that has been filed by a bartender, a $5 miion suit. everyone is doing their own private invnvestigations to try to figure out easily wh happened during that time from saturday to monday morning. >> but the management company is not saying? >> they are staying quiet on this one. >> we heard they were complaining it was- a big oops no matter what happened. " i think everyone is running the numbers at this point. the restaurants lost big on easter weekend. they are still really doing some severe construction and trying to build out their spaces. >> we are going to have to have you back on again to talk about what is going on in allow unit county. don't go awaway. we will be back in a minute with the number of the week. this week, it is 82. >> our number of the week is
ABC
Oct 23, 2011 9:30am EDT
interesting. yesterday, a previous adviser to the george bush gave a wonderful speech and talk exactly about the immediate importance of reducing the corporate tax rate to 25%, a position that mitt romney has ten, but he has gained aot of credibility. president obama's jobs council has sa you need to do this to stimulate the economy. it is moving to decision makers in this country. >> peter your take on mitt romney? >> he has the most integrated economic platform that covers the most bases. no other republican has that. >> we got mixed retail numbers this week. what is your take? >> they came out for september and they were actually pretty good which caused an lot of analysts to say we might not be headed back into a recession. it depended heavily on automobile sales. if you were to look at what the u.s. is importing right now in anticipation of holiday shopping, holiday shopping does not look too good. >> every time we get a good report with decent numbers everyone says maybe we are not headed into a double-dip recession, but then the next week we get some bad news. >> we are probably
ABC
Aug 24, 2014 9:00am EDT
president george w. bush takes the plunge. "government matters" starts right now. captioned by the national captioning institute --www.ncicap.org-- >>
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