The advisory is in effect until 8 am. Some drizzle and fog and also tracking the rain across the north day this morning. So your weather headlines, drizzle and fog this morning with increasing rain as we head to this afternoon and this evening. We have a few shower chances for your saturday. Daytime highs for today right around where we should be for this time of year. 58 in San Francisco, 59 oakland, and 61 for san jose. We are tracking a new accident this morning. This is between berkeley and emeryville on west 80. The right thing is blocked so speeds are slowing down in that area were seeing then dip to 10 Miles Per Hour. Keep that in mind if you are heading to the bay bridge. Taking a look at the fog advisory as well, highway 4 and highway 160 reduced visibility and chp is reporting 100 feet of visibility so keep that in mind as well. Take it slow especially across the bridges. 101 at the waldo tunnel also has reduced visibility and we will take a look at san mateo bridge and dunba
Low. And its projected as the population continues to age in the baby boomers retire that that ratio will continue to rise in an unsustainable fashion. So, the addition to the debt taking what is already a significant problem and making it worse is it is of concern to me, and i think it does suggest that in some future downturn, which could occur just for whatever reason, the amount of fiscal space that would exist for fiscal policy to play an active role it will be limited, it may well be limited. Sam fleming with the financial times. Couple of longer term questions, first of all, midway through the year, hot weather inflation targets might need to be raised. Obviously been a lot more debate and have had systems since then about this it may not be an imminent issue, it may be something the feds may be discussing over the coming years. Some sort of change to the inflation target second of all, the amount of stimulus tools that the fed may have at its expo sal are fairly limited. One of
The navigators will have to be working in in place. In the meantime, some workers may be funded by federal grants, private money domestic budgets, not good news for most states facing financial straits. California alone is planning to hire 21,000 of these exchange helpers, and the tab will likely run into the hundreds of millions of dollars. It is just another unintended consequence of obamacare. None of them have been good. Thats my 2 cents more, and thats it for tonight on the willis report. Thank you for joining us. Have a great night. We will see right back here tomorrow. Lou good evening, everybody. The president to so confidently told Congress Last month that he would refuse to negotiate on the debt ceiling is now looking for that same congress to bail him out. President obama desperate for help with the trillion dollars sequester that was the bright idea of the white house. The president today made his plea for help in deferring the onset of the sequestered for another few month
Exchanges it and from the fees but those are not available until 2014. But in the meantime some could be funded by state budgets, a private money or grants not good news but california is planning to hire 21,000 and the tab will go into hundreds of millions , another unintended consequence of obamacare. None of them have been good. That is my 0. 2 more. T he have a great night. Well see you tomorrow. White h. The president today made his plea for help in deferring the onset of the sequestered for another few months. It sounds a lot more like an order for more of the same short term, small minded fakes that has become the way washington of late. This congress cannot act immediately on a bigger package. If they cannot get a bigger package done by that time the sequester is scheduled fox business to affect then i believe they should at least passed a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of a sequester for fear few more months.
Champion. The event that was going on in austria, she had a crash. She said it was very foggy. It was delayed a couple hours. Three out of the other four top racers did not finish the race. On the lefthand side of the screen you can see her being airlifted. When she got up, she stumbled. They think it is a right knee injury. She was in very dramatic fashion airlifted out of there hopefully we will get you video. She is a awesome skier. Incredible one. That will do it for us. And happening now begins right now. Martha bye, guys. Jenna right now brand new stories and breaking news. Jon drivers beware. Gas prices on the rise again, hitting numbers weve never seen this time of year. Any relief in sight . Plus a dramatic ending to a hostage standoff that gripped the nation. The police storm an underground bunker to save a little boy two days before his sixth birthday. Well tell you how he is doing today. A bizarre ruling from the bench that is father of four can not have anymore children. I