Morning, we think four to six inches. A good six tyo o 10 inches south and east. More areas of snow, especially south and east of the metro. With just a few inches on the ground tonight, so far we have had problems driving and walking. Steve rudin is in the stormwatch 7 Weather Center with that story. The snow continues to fall, but not as rapid and as much as earlier. The streets of rosslyn are plowed, but mostly snowcovered. Everything that continues to fall overnight will stick as snow. Look at the temperatures out there, todays high 20 degrees. Yes, just 20 degrees at Reagan National airport. 27 degrees below average for this time of year. Now we have temperatures only in the teens. A will not rebound, they will not move a whole lot overnight. It stays cold as more snow is on the way. Coming up, doug and i will tell you about what to expect not only tomorrow, but the next chance of wintry weather in the 70 outlook. Steve, we will see you shortly. The snow was slamming parts of mary
economy by about 3% over the next decade. so that s great news. and perhaps on that point, no country on earth has ever dropped the corporate rate so far so fast as is proposed under this plan. that s really good news. paul: all right. the other thing on the business side, two elements, and i want you to talk about those. one, expensing 100% immediate for five years for businesses. yeah. paul: that s big pro-growth, i think, if i read your literature correct. but the other thing is small businesses, the so-called pass-throughs, most of them small businesses but some somewhat larger, that rates going down from 39.6 to 25. those are big pro-growth as well? they are. they would have been more had the the expensing provision been made permanent. this ll be somewhat like the cash for clunkers approach to tax policy where they re going to get a rush of growth up front, but that ll taper off over time, and they won t get the growth over the long term
any more or invest any more or save any more. so from all the economic standards that we use, it really does nothing for growth. it just becomes a big budget item. but it was, apparently, necessary for the politics of this, because they had to show that they were cutting taxes for the middle class. paul: right. well, the danger there is you end up with and it s basically a form of social engineering policy and it complicated the tax code, makes it harder to really reduce rates in the future at all. and we know there s an immediate cost because they aren t reducing the rates at the top. so does this suggest to you that we re, the 39.6% rate which is really higher because you have that surcharge for medicare as part of obamacare, that we re talking about, you know, tax rates on people of means, you know, the affluent that are going to probably never fall below what they are now? that s probably right. in fact, there s a little kicker in here, paul, where they have what they call a
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