Page 40 - Bob Herbert News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Americans over 65 have seen their poverty rate plummet from more than 28% at that time down to just 9% today. for kids under 18, the rate has grown from 17.6% to nearly 22%. and for people 18 to 64, the rate has jumped more than three points. that's despite the fact that the money spent on government assistance has skyrocketed. more than half of the budget in to 12 went to social security, medicare, medicaid, children's health insurance or other safety net programs. a little under $2 trillion. roughly 50 times the amount that the federal government spent on social welfare programs in 1965. bob...

0 50 years after president lyndon johnson declared a war on poverty, a look at what's improved and what challenges still remain for president obama and whoever succeeds him on this issue. good morning from washington. it's wednesday, january 8th, 2014. this is "the daily rundown." i'm excited to be back. it's a little chilly. a little less chilly in pasadena. but we start with the latest on the extreme cold that plunged all 50 states into record cold temperatures over the last few days. jetblue is now flying again after shutting down monday due to icy conditions. 150,000 passengers were strand...

0 riddance to 2014, universally agreed on as the year the white house would like to forget. he sought to turn the page and lay out hopes for a new can do spirit in 2014. >> a lot of our legislative initiatives in congress have not moved forward as rapidly as i've liked. i completely understand that, which means i'm going to keep at it. i firmly believe that 2014 can be a breakthrough year for america. >> democrats will start the new year with a renewed focus on addressing rising inequality, specifically an effort to extend expiring long-term unemployment benefits and raise the minimum wage. th...

Every single retailer would have to buy a new point of sale -- >> this is 45-year-old technology. >> we are using 1960s magnetic strips. like those cassette tapes. >> we're all younger than that. >> very behind the times. it might take ans dent like this for us to upgrade our systems. but very, very, very expensive. it's the cost of doing business. >> you're a patient man and a patient woman. thank you so much, bob and sharon. all right, the senate is in session right now probably for the last time this year. we'll run down what they finished up late last night and what they're leaving until...

People try to get out of that when it expires. but in general we're probably talking about a fairly narrow group of people spread across 50 states. we're talking about, according to the white house's estimate at least, about 500,000 people or fewer who have had their plans cancelled and still haven't gotten insurance. a lot of these people have already gotten insurance either through the exchanges or renewing a plan through their individual insurer. so spread out across all the exchanges, it's hard to see that having a huge impact. >> stand by if you can, benjy and bob. we've got some more bre...