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President obama, wrapping up at the National League of cities conference. Coverage continues this afternoon with jay johnson and sally jewell, the featured speakers. We will also included transportation discussion with anthony foxx and we will hear from epa Administrator Gina Mccarthy in that panel. It all starts live at 3 30. Also today, we will get remarks from Bernie Sanders the luncheon speaker at the National Press club, he is expected to talk about his priorities and floor debate for the budget resolution. The house is not in session this week. Members are away for a weeklong break in their home districts. The senate is in and will gavel in at 2 p. M. Eastern. Here is what is on the agenda for them this week. Niels good morning to you. John i wan ....
Potential deal. The white house responded by accusing the republicans of conspiring with iranian hardliners who opposed the negotiations. The letter there on your screen suggests any deal between president obama and the iranian leadership what amount to an executive agreement that could he and done by congress or future president. Read more at washingtonpost. Com. Senator Bernie Sanders spoke today at the National Press club. This is one hour. Good afternoon and welcome. My name is john hughes, i am an editor for bloomberg first word. And president of the National Press club. The club is the worlds leading professional organization for journalists. We are committed to our professions future through programs such as this and we work for a free press worldwide. For more information about the club, this is our website press ....
Doing phenomenally well. The gap between the very, very rich and everyone else is growing wider and wider and wider. The top 1 now owns about 41 of the entire wealth of this country, while the bottom 60 owns less than 2 . Today, incredibly the top 1 10 of 1 , 1 10 of 1 now owns nearly as much wealth as the bottom 90 . Today the walton family, the owner of walmart, is now worth 157 billion. That is more wealth than the bottom 42 of the American People. The fact of the matter is, over the last four years we have witnessed an enormous transfer of wealth from the poor and middle class to multi billionaires. In 1985, 90 was 36 in 2013 went down to just 2. 8 . Just 22. 8 . Listen to this. If the bottom 90 have the same share of its nations wealth as it did 30 years ago it would have more than 10 trillion in wealth than is currently the case today. Meanwhile, the middle class has shrunk. People on top are doing extraordinarily well. Tod ....