Individuals with Household Incomes below 100,000. Lets get right to Hilary Vaughn on capitol hill with more on this plan. Hillary . Senator Elizabeth Warren under the plan is prepared to cancel 2. 1 trillion of Student Loan Debt. Her plan promises up to 50,000 in loan forgiveness to 42 million americans. That adds up to 2. 1 trillion. Of course, everyone owes a full 50,000. Here is how she will pay for it. We took senator warrens calculator for a spin and turns i can make 90,000 a year, if you owe 75,000 Student Loans, you get 50,000. It turns out it is 100 percent paid for by elizabeths ultra millionaire tax. That tax does not exist because warren is not president. Shes campaigned on a recent Student Loan Debt is not ready for the white house bid to plan appear to us congress to act now. Warren tweeted this quote will free up an entire generation so they can buy homes, launch businesses and start their families. And the bill will provide an enormous middleclass stimulus and reduce the
Next on American History tv, from the u. S. Naval academy in annapolis, maryland, for historians discuss the challenges of naval logistics for the Fledgling Navy during the revolutionary war. The scholars detail how the American Navy successfully cooperated with a much larger french navy to help defeat the british by 1781. This u. S. Naval Academy Program is about one hour and 20 minutes. Professor smith good afternoon, everyone. Thank you for being here today. This is a session on naval logistics and the American Revolution. My name is gene smith and i will be the chair. Today we have three papers and comments by dr. Glenn williams. Our first paper is by tom long, who is an assistant professor and coordinator of history in the department of George Washington university. He joined the u. S. Navy. He graduated from Harvard Law School in 1970 in practice Corporate Banking law until he retired. Afterwards, he went back and got a phd in history from George Washington university. He teaches
Anna welcome to the program. Asian markets getting a boost, betterthanexpected export data out of china. Let us talk about the oil. The big story the last 24 hours, briefly dipping below 30 a barrel. We have a great story on the terminal, talking about how 11 months ago, we were talking about 20. The not look as crazy. Beus i thought we would cheeky and sneaky today. Jeffrey gundlach says oil below 40 is causing frightening political paper. We might make it to 45. Anna let us talk about the Foreign Exchange markets. Tradeng to the chinese data, that is reflected in the market. The aussie dollar and the rand getting a boost, because of the stable fixture on the yuan, reflected in the japanese currency. Knus we have the japanese urodas former deputy, theyre more comfortable with u. S. Futures trading higher. We will have more throughout the program. This goes back to yesterday grade goldman said it might be time to buy. Gundlach, and jeffrey says they will likely struggle before a buying
Can you tell us about this agenda . What are the four goals, and how were they determined . How do you and the other pporters hope to create those 25 million jobs over the next decade . What is the plan to balance the federal budget by 2030 . What do you mean by making America Energy secure . Does that involve oil . What do o u hope iowans will see from the agenda . Both of iowas republican senators have released statements on the president s state of the Union Address last night. Night. Joni ernst said the majority of americans believe the country is on the wrong track and claimed the president doubled down on hihi failil policies, like the Affordable Care act. Senator grassley said the president downplayed the threat terrorists pose to america. He believes the president needs to focus more on the safety of americans. Grassley also said the prpridents speech sounded good, but in reality offered solutions. A new cbsnew York Times National poll shows very diffent numbers. Iihas frontrun
And breaking overnight, a motorcyclist is hospitalized after colliding with a Pinellas Deputys car. This happened as the deputy was pulling out of a Dunkin Donuts parking lot in the 6100 block of Martin Luther king street north in st. Petersburg. The motorcyclist tried to stop but ended up sliding into the side of the deputys unmarked car. The deputy was not hurt. The motorcyclist was rushed to the hospital with life threatening injuries. We are checking this morning to find out his condition. In our other top stories this wednesday morning, hoverboard headaches. The university of south florida will meet to discuss a possible ban on the devices. It comes as news of more hoverboards can having fire. In the meantime, the university is now handing out fly hoverboards catching fire. In the meantime, the university is now handing out fliers on tips on charging electronics. It stands at 1. 5 billion this morning. Stores are bracing for a busy day as people rush to get their tickets before to