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Shows that poorer households do suffer high inflation. These people are feeling it somewhere around 5 to 6 . Reporter thats because most of a low income familys budget goes to necessities, which are still rising, like rent, groceries and electricity. And theres new evidence people are using credit cards to cover the bills. For the first time in the u. S. Credit card debt has surpassed 1 trillion. We polled consumers that carry credit card balances about what was behind that. What caused it . Emergency and unplanned expenses was the top answer. But even everyday expenses, about 1 in 4 a sign of financial strain. Reporter now, gas prices have been ticking up in recent weeks. A little too late to impact the july inflation report. But if those prices keep rising it could add some Inflationary Pressure when the september reading comes around next month. Major . Necessities, they always matter. Carter evans, thank you. A politica ....
, but we begin this morning with a look at todays eye opener your world in 90 seconds. The developments keep on coming. The operations to unravel. A terror cell continues in the city of manchester and beyond. The manchester investigation ramps up. Said to be absolutely furious at the leak from u. S. Intelligence into i will make clear to President Trump that intelligence is shared between our Law Enforcement agencies must remain secure. President trump has made fighting isis a top priority with nato leaders here in brussels, belgium. When you see something that happened two days ago, you realize how important it is to win this fight. Trump care would be a cancer on the American Health care system. Its a disaster for the republicans. The cbo has just said 23 Million P ....
Room, making clear what he thinks of the sequester. We shouldnt be making a series of dumb, arbitrary cuts to things that businesses depend on and workers depend on, like education and research and infrastructure and defense. Woodruff the president was also adamant on where the blame lies with those who balked at erasing tax loopholes for the wealthy and other revenue raisers. None of this is necessary. Its happening because. A choice that republicans in congress have made. Theyve allowed these cuts to happen because they refuse to budge on closing a single wasteful loophole to help reduce the deficit. Woodruff but republicans were having none of it. Shortly before the president emerged, House Speaker john boehner again rejected the demand for more taxes. The president got his tax hikes on january 1. This discussion about revenue, in my view, is over. Its about taking on the spending problem here in washington. Woodruff the preside ....
Welcome to weekends with alex witt. We developments in the case of Dennis Hastert. A man tells nbc news about a decades old conversation he had with a friend who told him about sexual encounters he had with hastert. At the time his friend was a teen. The story echoes what jolene burge told. Her brother reinbolt died in 2005. The indictment says hastert paid 3. 5 million to individual a to conceal past misconduct. Individual a remains unidentified. Hastert is due in court for the first time tuesday. Dave gooututierrez has the new details. Reporter in an interview with abc news reinbolts sister said years after he graduationedgraduation ed graduated he said he had a sexual experience with Dennis Hastert. I said stevie when was your first sexual experience . And he said it was with Dennis Hastert. And i was stunned. He just ....
We shouldnt be making a series of dumb, arbitrary cuts to things that businesses depend on and workers depend on, like education and research and infrastructure and defense. Woodruff the president was also adamant on where the blame lies with those who balked at erasing tax loopholes for the wealthy and other revenue raisers. None of this is necessary. Its happening because. A choice that republicans in congress have made. Theyve allowed these cuts to happen because they refuse to budge on closing a single wasteful loophole to help reduce the deficit. Woodruff but republicans were having none of it. Shortly before the president emerged, House Speaker john boehner again rejected the demand for more taxes. The president got his tax hikes on january 1. This discussion about revenue, in my view, is over. Its about taking on the spending problem here in washington. Woodruff the president now has until just before midnight to issue an or ....