At 10 00, we will get weekly crude inventory numbers from the u. S. Which are expected to drop. At 2 00, it will be the fed decision followed by Janet Yellens press conference 30 minutes later. We will bring you live coverage starting at 1 00 p. M. Today. First, we want to give you a preview of that decision. And so, we turn to mike mckee in washington. Mike, there is not much suspense on what they are going to do on the rate. What are we looking for . Mike it sounds like a cliche, but it is about what they do and not what they say. We will look at the soft patch to see why they need they feel the need to raise rates anyway. What are they going to say about unemployment . It is now below where they were projected in march. The cpi numbers could be very important, because they have to explain what is going on with inflation which has dropped off significantly. Is it going to continue to drop . If so, why do they think so . This all has to do with what wall street takes as its forecast.
Minimum wage three times in my four years as governor. [cheering] that is a solid record. Through all that i have been honest with the people on every thing i do. I have had courage to take tough votes. Showed some guts under pressure. And always had high ethical standards. Animals 30 years of Public Service i have not had any scandals. [cheering] Lincoln Chafee as we look to the future i believe in prosperity through peace. [applause] Lincoln Chafee on the prosperity side there is a disparity of wealth. It is real. How do we close this gap between the haves and havenots. For raising the minimum wage as a senator and a governor. We did it three times in my four years, but i think we should do more than that. Right now there are seven marginal rates and our tax structure. 464,000. Te is for that is 39. 6 . That is not that high. When you think of all the millionaires and billionaires out there. Listen to this. Filers are the tax in this bracket. But this. 6 generates 30 of the revenue t
That circumstance happen to them. Usually we learn of the occurrence by the individual reporting it directly to us. We advise the individual that we can correct that if they visit our office. As miss rivers identified. We request that an individual bring several proofs of identity with them, including state issued form of idsty, birth certificate if they have one so that we can correct the record. And when the individual leaves our office, we issue them a letter indicating there was an error and that its been corrected. The name may be removed from the death master file, but the effects continue to linger, correct . Can you describe what happens there with credit agencies and banks and Credit Card Companies . Sure. Well, the Social Security administration shares the public death master file as miss davis indicated. That does not include state data still around 84 million reports with the department of commerce. Commercial entities can procure that record, that database from the departm
Malveaux begins now. Happy new year. Stories were watching now. Hours by hour, inch by inch, the nation sliding closer to the fiscal cliff. Well have more on this mornings negotiations and what well lose if those talks fail. And workers in some states may see a pay raise but may not notice much of a difference. Guns are flying off the shelves after fears of a ban on assault rifles following the sandy hook massacre. Were live at the white house with the latest details. Plus this. Reporter im alina cho in times square, where just hours from now new york will host what is arguably the biggest new Years Eve Party in the world. Number one tip. If you plan to come to times square, dress warmly. It is frigidly cold. Cnn newsroom starts right now. Good morning. Im Suzanne Malveaux sitting in for carol costello. This morning the clock ticking louder. The nation inching closer to this fiscal cliff. We could be just hours away from seeing all of our paychecks shrink. Were following all the last m
Everyone thinks of congress as passing laws, the budget, create a new law am appropriate new money. If you look at the history of congress, oversight is viewed from the beginning as a dual and almost as important a function. Oversight is how we see how the money is being spent. If you look back, the history goes back to george washington. The first oversight action is by one of the first congresses. It is when, i cannot remember the general, but almost the entire u. S. Army is eliminated in indiana by an attack by indians, and congress, the first or second congress, sends a letter to his excellency, president washington, please explain what happened to our army. They eventually send general wayne to handle that. This is the first oversight. Basically, what happened to the army, explain. You are the chief executive. We are the ones who report to the people. It is actually a controversy at that time. So funny the issue of executive branch not providing records to Congress Goes back to ge