Into an economic recovery a lot of americans who consider themselves middle class continue to struggle to pay their bills and save money for retirement or send theirs kids to school. And that struggle adds power to preliminary pledges to help people whose incomes have gone almost nowhere in years. Bear that in mind as you listen to Hillary Clinton speaking recently in iowa. We need a tax system that makes the wealthy pay more and does not tax the middle class. Im the only candidate running in either party who will tell you my goal, my pledge is to raise incomes not taxes on the middle class. And thats what i think we should be doing. Forget for a moment that president s have very little ability to raise incomes. Lets focus instead on clintons pledge not to raise taxes on the middle class. That involves defining who exactly is in the middle class. Clintons definition is one that barack obama used when he campaigned for president in 2008. Any family that makes more than or makes less tha
Temperatures down to the fifties we will see the sky is clear hours. Temperatures will be below average. A few showers and sprinkles this morning most of that grain will be light. Its starting to clear out of lake county grade now. But the rain still lenders to the south. Looks like through six or 7 00 this morning we will have a light rain. Upstream the skies are clear. Now mid to upper fifties. 57 at the lakefront. Looking for a high today in the mid70s. But sunshine skies will clearly this morning. 77 tomorrow for the fourth of july. Loss of sunshine. East return over the weekend. Indian commuters were supposed to be waking up with some big closures on u. S. 30. And eighth mile stretch was blocked off at 10 00 last night between 41 all the way over to tie 65. This was to repair damage from mondays storm. I had to repair a lot of those Traffic Signals and the wires that came down. They expect this to stay closed until 10 00 really impacted the commute. The good news they finished ear
Little cooler along the lake which is not good news. Low to mid 70s. Its 61 right now. Its 59 waukegan. 57 in morris. Satellite rigour composite shows we are dry. No rain today. But later this weekend we do have the potential for showers and storms as we get into saturday. Warmer temperatures. Today we reach 77. Tonight we drop down to 57 degrees. Tomorrow, 82 clouds are on the increase. Chances of spotty showers and potential thunderstorms. High of 87 on sunday. Everything is looking good and the roads. No major accidents to report. Hurricane arthur has come ashore. Ed payne reports, the storm made landfall in North Carolina, just a few hours ago. Fourth of july vacationers fled the beaches in North Carolina on thursday as the hurricane comes to shore. It made landfall near cape lookout shortly before midnight. Waves as high as 35 ft. Were reported. Officials warned the storm if it had moved farther inland and the predicted. We had concerns about people who were inland may be impacted
Stocks and stories making headlines today. Tom keene is in washington today with highlights of an interview with Christine Lagarde. Julie monitors equity markets and oil dipping below. Petergton correspondent cook and a preview of president obamas speech on the economy. Good afternoon. Good afternoon. Speak to Business School students outside chicago in just a few minutes time. Really, this is an opportunity for the president to try to change the conversation back to the u. S. Economy. So much focus on foreignpolicy issues. Airstrikes against syria, even arriving hereat in the United States. The president trying to refocus again american attention on the u. S. Economy. The jobsday away from report, about 30 days away from the midterm elections. A big focus right now for democrats, trying to talk more about the economy. We have heard from some of the president s aides already. A top economist, jason furman, telling me in the last little bit that the president will not offer new policy p
Draw attention to. We heard a lot about the moment in our interviews and i talked talk about two things briefly, dignity and death. Its really upon us to treat the client as much dignity as possible. Youve got heavy competition from h. And r. Block and liberty taxes because they know how to treat people as customers. Part of the reason people go to h. And r. Block is because they feel so good to be there. So we need to make sure from the moment people enter the door from how the office looks but this is a dignity enhancing moment because in corporations are so profoundly attached to how they are treated when they come in the door. The second, people want to clean up their desk so they can move ahead. They dont know how to. They have ideas about how they should be prioritized. Counseling and help with understanding and what really counts for the credit score would be really thankful. Considering the political incorporation what does it allow people the opportunity to vote is that standa