“I never thought I would have to go through this,” said bakery worker Cindy Morales, 36, her eyes welling with tears. “I don’t have food, I don’t have power, I don’t have money.”
The individual mandate required people — particularly healthy, young people — to buy insurance, aiming to lower the cost to all consumers.But President Donald Trump and the Republican-controlled Congress repealed the measure last December, calling it costly and ineffective.
The average single adult makes $44,348 and pays $19,759 in taxes, with $4,640 going to health care insurance.
Depending on what numbers used, the state Employees’ Retirement System and Public School Employees’ Retirement System have between about $66 billion and $89 billion in unfunded liabilities. Basically, the money needed to pay thousands of pensions isn’t there.
The tax on natural gas and electricity is expected to produce more than $9 million a year, but with improving technologies and energy efficiency it is a stagnant funding source. Meanwhile, the city’s employee pension costs and salary growth continue to outpace its revenue growth.
“Basically, it’s the finger in the dam,” Alderwoman Venita Hervey, D-5, said.
Many retirement funds could face insolvency unless governments increase taxes, divert funds or persuade workers to relinquish money they are owed
Department lifts third-quarter issuance estimate to $329 bln
Alan Greenspan, also former head of the Fed. “There are two bubbles: a stock market bubble and a bond market bubble.”
His biggest worry is the bond market, which he fears rising inflation will smash, with dire consequences. He made these remarks in January, on Bloomberg Television.
A majority of risk-protection cases have involved people with histories of mental illness who threatened to hurt themselves, according to an analysis of Pinellas County records by ABC.
According to reports that emerged in the aftermath of the Stoneman Douglas shooting which left 17 dead, the accused shooter engaged in threatening and troubling behavior before he lashed out.
Blandford’s police officers claimed their working situation had become untenable. They cited wages of $14-$15 an hour among other grievances, including radios that don’t work and poorly fitting or expired bulletproof vests.
The officers also complained that their best car, a secondhand 2010 Ford Crown Victoria, does not have air conditioning and that its seat is stuck in a reclining position.
Is A Supply Crunch In Oil Markets Inevitable? (Michael S.)
The downturn that began in 2014 led to a severe cutback in spending on exploration and development. Spending plunged by 25 percent in 2015, followed by another 26 percent decline in 2016. Since then upstream expenditures have bottomed out, rebounding 4 percent last year. The industry is only track to increase spending by another modest 5 percent in 2018. But there is little sign that the industry will return to spending at the same rate that it did prior to the downturn.
With support from the Pulitzer Center, this two-part article is based on 18 months of reporting and well over a hundred interviews. It tracks the efforts of a small group of American scientists, activists and politicians to raise the alarm and stave off catastrophe. It will come as a revelation to many readers — an agonizing revelation — to understand how thoroughly they grasped the problem and how close they came to solving it.
Gold & Silver
Provided daily by the Peak Prosperity Gold & Silver Group
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