Raging apartment fire. The lives they saved before that building collapsed. This is the fox25 morning news. Everybody. 6 00 on the button on this tuesday morning, october 13. Hope your day is off to a i am gene lavanchy. And i am sara underwood. Showers and downpours are on the radar. Check in with meteorologist shiri spear tracking this rain. Yeah, rain, thunderstorm, downpours. Definitely going to be a messy morning over southeastern massachusetts. Now the rain showers just south of you guys. I mean, we got a steady rain that formed over, say, the vineyard, nantucket, up toward the cape and plymouth. Kind of patchy and lighter now. You can see how much more intense it is on the water and that stuff is all traveling in order ward. 62 in plymouth. Very mild, very muggy, very foggy across southeastern massachusetts. 58 in boston right now. 45 in nashua, New Hampshire. Clouds are thinner as you go north and will thicken up through the morning commute and these showers all get transplante
Smoke you could see it for miles as that fire destroyed a part of Burlington County history and dozens of stores. Good evening, im lucy noland. Im iain page. Fox 29s dave kinchen is live near the scene tonight in columbus. Dave . Reporter iain, investigators are working behind me theyre trying to find out how this fire started. It started around 2 00 oclock and firefighters tell me they battled the bone chilling cold and powerful winds in the process of knocking those flames down. Burlington county landmark up in flames. Skyfox watches overhead as fire shoots out of the historic Columbus Farmers Market complex. A four harm fire damaging or destroying at least a dozen businesses. We have bagel store not just bagels its called, cheesestea cheesesteaks, french fries, were in the corner, far corner. I believe its gone. Holly new well and her Business Partner wait for an up close look at the ruins after 21 years of business here. We dont know whats going to transpire from the fire or anythi
Process of knocking those flames down. Burlington county landmark up in flames. Skyfox watches overhead as fire shoots out of the historic Columbus Farmers Market complex. A four harm fire damaging or destroying at least a dozen businesses. We have bagel store not just bagels its called, cheesestea cheesesteaks, french fries, were in the corner, far corner. I believe its gone. Holly new well and her Business Partner wait for an up close look at the ruins after 21 years of business here. We dont know whats going to transpire from the fire or anything. They havent decide whether well be open because we have a locate outside also. The timing could not be worse with thanksgiving around the corner. Our biggest day of the year. True for numerous mark merchants known for meats, produce and baked goods. The bulk of the damage confined to one building. Off the top of my head probably 10 shops damaged if not more. Reporter 150 firefighters from several companies balanced the flames in trying con
To see the American Economy under default and with all the consequent impacts on the Global Economy and on the american middle class. In order to do that and was enormously damaging to consumer confidence. We were downgraded famously and it is a testament to the American People and the American Economy and the American Business and some of the success we have had working with the congress that we have been able to rebound and the economy continues to grow and create jobs but that was a selfinflicted wound and we cant have that nonsense anymore. Ok for people to engage in that kind of nonsense i appreciate the question and i refer you to my comments back then. People voting the way obama did. What happened in 2011, republicans in Congress Demanded and said they would let america default if they did not get the items on their agenda. That was consequential and unprecedented and the result was bad for everyone. Two weeks ago, the committee for responsible federal budget, which includes de
Cost of tax reductions. The alternative minimum tax is 28 . If your tax rate was lowered to 25 . You still have to pay 28 . That is correct. For incomes between to london thousand dollars and 500,000, the effective tax rate is 35 . You hit the 35 rate and incomes fire lower than the income levels at which you would hit the 35 rate and regular tax. Why do they call it a patch . It is a one time year by year patch to stop the broad expansion. You could ask why they call it a cliff. They have discussed this in terms of the patch. It is a year by year increase in the exemptions. The patches nothing but the increase in the a in the exemption to prevent tens of millions of people from being forced to fill up the return you have. The only thing i would add is the package, what makes this so critical in the fiscal cliff discussion, is we are talking about the past for the 2012 taxable year. Unlike the rest of the fiscal cliff which effects rates that will apply next year. The patch applies for