90 of our folks are in the sane amount of the top 10 . Top 10 earn 50 of the income and 90 bottom and the other 50 and you can see the directions these lines have gone over a number of years and thats the issue we confront with our economy. Thats what we should all be working on in a bipartisan way to try to address and unfortunately instead of improving the circumstances for people in the bottom 90 the decisions been made because of an economic philosophy that has to do a trickle down economics to give the benefitse to the people doing pretty well not just pretty well, but better than they have done since 1928 and it was stated what a miracle that tax policy was in the early 1920s. May have two additional minutes . Is there objection. In addition, we cant afford to do this. Right now we are collecting in revenue today before this tax cut goes into effect 18 of our Gross Domestic Product in taxes and revenue and spending 21 of our Gross Domestic Product. That leaves us with a deficit i
Today than yesterday the general characteristics meaning they pop up window movethar very fast unr either any one of them an inch or two of rainfall a daytime highs coming up above 90 last time we hadco 28 and then 2012 ive got to look back 2005 thats when it was sidetracked me anyway, were looking at more rain this weekend another nicem rain tomorrow and then a break next week. Patty is here. Couple of problems first of all in cleveland a vehicle off the highway on west 28th in franklin use caution in the area. The other is a long route eight southbound along perkins this is a peek at it you see easy on the sidei with perkins and the other side of your screens the traffic is now backd the good news is the west sure construction traffic is still flowing well through the west sure way construction. In the news this morning . The removal of th . Could all Recreation Center is moving forwardco. This is the site with a 12 yearold was shot and killed we are live at the gazebo with more on t
Sure. Thank you. I would only say in the view of many economists, the issue about how to correctly measure inflation is a completely different discussion. And the issue of whether we can fix poverty in old age. And in my view, personally, if the chained chiropractic pi is a better way to measure the cost of living for senior, we should do it. We need to focus on the issue of inadequate ability in control over resources. We did provow the not going there we proposed a change in the indexization of benefits prior to retirement nap generated enough money to raise survivor benefit which are important. And raise minimum benefits to 120 of the poverty line. So lets just stop there. I want to bring it to your attention. Senator. If i can. I want to go back to the point senator machin raised. When he talk about the decision between using a chained cpi for some people err not others you are acknowledging as its been laid out, were talking about over time a cut in benefits. I think that senator
Lets go become to sandy real quick. Still a hurricane. Category one hurricane. Maximum winds 80 Miles Per Hour moving off to the northwest at 13. So remains intact. You can see the satellite signature not as impressive as it was 24 hours ago when it was emerging off the coast of cuba but this is still a very strong storm and as it pushes to the north and west, it is forecast to interact with what we call a little short wave, some much colder air and as it does so, that will reenergize as it gets up into the midatlantic. That is why were concerned. Time frame for us as the storm gets closer will be the second half of sunday, monday and tuesday. Well be just fine today. Well have no issues tomorrow. This will be the second half of sunday, monday and tuesday when things will start to fall apart. That will be gusty wind around here, likely locally very heavy rain as well. Lets do some local forecasting as well. Were doing fine this morning. 63 at reagan national. Our highs today will be ab
Turkish Red Crescent delegation forges closer ties with PRCS pakobserver.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pakobserver.net Daily Mail and Mail on Sunday newspapers.