3 bill 3 we begin this morning with a developing story. We are learning more about a car crash that closed Fourth Street west of keystone avenue. Just before 11 last night. A reno fire battalion chief tells news 4 hat the car had crashed into a telephone pole at some point before it came to a stop. The woman driver had to be extricated from the car before being taken to renown. Where she is in critical condition. Reno police say their was major damage to the roadway. 3 it was a rollover type of accident. We do have several power lines, power poles, fencing, curbing, sidwalk, retainer walls along the south side of the road that have been damaged at one point. More than 500 customers were without power due to the crash. And they are working to get power restored to the area. The cause of the crash is under investigation. 3 samantha now to an update we brought you yesterday on news 4. We now know the identity of a man killed in an officer involved shooting near meadowood mall monday night
Among people in the Financial Community about what the Interest Rates will go back up to undergo backup. And so we expect someone push Interest Rates down and for example the growth of the labor force which reduces the number of people who are coming to work with any piece of capital and that pushes down Interest Rates and we look at the Interest Rates and a greater share of income going to high income people and increases saving and pushes down Interest Rates and a number of this relative to history and we also is think that there will be a info from abroad and i dont think that will pushes the we have the letter, if you will and we have that using the evidence that exists to assess these rules for sizes and let them we would like them to be somewhat lower over the next 25 years and so we took down the production of this by a percentage point. So if we put that back up, we did show in our report that if Interest Rates were have a percentage point higher over the entire 25 years and we
As well as why someone would have wound up on a further review list. Its taken us a while to do that and i want to apologize for him out of time. I want to make sure we dont miss the followup and anticipate that you would bet many cant do we have been a timeline . The question there as somebody mentioned earlier the ig said over 70 different locations. Do they want to do any additional review . They have created teams to go into all of those where the ig isnt in those are scheduled to be completed by think by midaugust is the completion time but in the meantime we are going to provide briefings on what the findings were. Thank you very much. Im going to be in reynaud in august. I have to go out there and speak. We will get you the dates. The dates when im going to be here and i will visit. Thank you very much. Lastly we appreciate the opportunity to provide technical input on the leasing issue. I think we furnish some of that information to the staff mr. Chairman that would help us be
Outh in binding the country together for infrastructure projects, through supporting on, he wasr and so deeply suspected by the Southern States who saw that he wanted too much power for the federal government. Life ofkaplan on the our sixth president , john quincy adams. Congressional Budget Office or Douglas Elmendorf said changes are needed to sustain Health Programs such as medicare. His comments came during testimony before the house Budget Committee. This is just over two hours. To make sure that every witness knows that it is against the law to provide false testimony to a committee of congress, we have begun this new committee. We are taking this step only because of a recently Code Guidance were have been given by the department of justice. Please just raise your right hand. Or affirmemnly swear that the testimony you are about to give is the truth and nothing but the truth . Yes. Do we have that over with . Welcome to the hearing today. We are going to discuss cbos longterm bu
Cayman islands and virgin islands, the amount of profit they attributed to these countries is in some cases 1600 more than the Gross Domestic Product of these countries. This is outright tax avoidance. Im a Small Business owner. I know many Small Business owners pay their taxes legitimately, but some corporations take advantage of these tax havens and tax laws. Specific lit one that really has gotten a lot of attention lately is this inversion process. The fact we know already pharmaceutical companies and Manufacturing Companies have been looking at this, but most recently some Retail Companies like walgreens is in the process of potentially going down this road, which would be a whole new area we havent seen taking advantage of this practice walgreens, if i understand it right, there is an estimate over five years we could lose 4 billion worth of tax revenue if they were to do this practice, which is something that i think the average person would look at as nothing more than thes not