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White house. Set to unveil his longawaited plan to revamp the tax laws. Zeroingen in on a Campaign Promise ahead of his 100day mark. Enough to boost wall street sending the markets surging smashing records many there asking for the specifics behind the highly anticipated tax reform. Peter alexander has the details. The nasdaq above 6,000 for the first time in history. With wall street booming the president s preparing to unveil his new tax reform plan slashing the Corporate Tax rate. Reduction that high is going to cost above 2 trillion. Without a plan to pay for it thats go go ago to explode the debt. House speaker paul ryans proposal for a tax on imports getting poor reviews. Also being floated, removing the popular tax break for contributions to 401k retirement plans. Republican leaders not ruling it out arguing the goal to increase the number of americans saving. Thanks ....
Flash flood watch in effect for tuesday in addition tomorrow also. All day long you thought the winds were over but no we will have 20 to 30mileperhour winds. We will keeping a eye on the rising Russian River that will overflow about 2 this afternoon. Its at flood stage. Live high def Doppler Radar a hit and miss shower into the Santa Cruz Mountains we weremonitoring that and that looks look its a lot of ground clutter expect a lingering shower and keep the umbrella happenedy in case you have the random shower. Temperatures are very mild. But we have a lot of warm ininvestigation in place and a lot of rain saturating the soil and we will have some fog developing around the bay. So mostly cloudy skies, a lingering shower. Temperatures in the 50s and 60s we will track the incoming storm that is forecasted for your tues ....
Yeah. And with weather comes you can sit down on your couch and watch the Golden Globes right . Well, i was make dinner. And laundry was going. They were fun theres a lot of movies i still have to see. We will talk about that iterbut lets get to the business because we he believe that you are well informed and thats why we were able to dodge a bullet in some areas. Now we want you to be able to be prepared with whats coming next. We have another storm producing up to 6 inches of rain. Flash flood watch in effect for tomorrow for most of the bay area. From the coast to our inland areas and in addition we thought the wind were over no torment winds will blowout of the south up to 35 Miles Per Hour. Gusts to 65 Miles Per Hour. Immediately what we are watching right now today right here is the napa river. Its swollen and its ....
Longterm lease and oakland. What does it mean for them, what does it mean for the raiders, what does it mean for the fans . Well talk to the represent tiff of the board of directors for the coliseum. This is interesting i found a new space i visited in San Francisco this week. They plan to tackle our countries, our planet, biggest problems. How do they plan to do that . Well explain. That is a tall order. First let us look at your weather forecast. If you have outdoor plans for fathers day, live look from our roof cam right now. You see a little bit of patchy fog, haze from low clouds. Cooler than what we saw at this time yesterday. Temperatures in the 50s, all around the bay area. 49 in santa rosa. We are going to see cooler temperatures today, not as warm, but it should be a nice day, mix of sun and clouds all around the bay. Well have a look at your sevenday forecast in a few minutes. But here is mark. Happy ending this morning ....