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Night on q a on cspan. Marr,ning us now is chuck the director of federal tax policy. He is here to talk about how the federal government spends the taxes that citizens pay. Thank you for joining us. Whoad a caller last week really wanted us to look more about how tax revenue is spent. Thats why we have you here today. How easy is it to follow the money of taxpayer funds . Easy, there are major categories of spending. Budget, theout the first is the defense budget, which is roughly about a fifth of expenditures go towards the military to pay for the defense of the country. And then roughly anot...

Lets get into it. So we kind of take it as an article of faith that bipartisanship is good. Polling says we want people to work across the aisle. This is a good thing. We like bipartisan bills. But when we get into the nittygritty of governing, thats not really always the case, even though it has a positive connotation. I know that when democrats were in charge, republicans would say, we dont want to give them any victories, its too close to election year. And then when the tables turned, republicans were in charge and they dont want to help each other. Even pass simple things, simple bills to...

Percent. Shanghai stocks down by close to 1 a decline of more than nine tenths in europe there have been some green arrows the dax is up by. 2 the cac is up by a quarter percentage points. Stocks up in italy, spain and london crude oil prices which ended last week just shy of 59 a barrel, check this out right now, down by about 44 cents. Still, wti trading above 58 at 58. 51 a barrel. Now this morning the big news of the day. Publisher meredith buying time, inc. , for2. 8 billion thats the price meredith will pay 18. 50 for time, inc. It publishes wellknown magazines such as time, peopl people...

Toss to veronica today partly cloudy, milder highs 5056 winds southwest 510 mph tonight mostly cloudy lows 3842 winds light tuesday partly sunny mild highs 5662 winds sw 510 breaking overnight on at the worlds Busiest Airport. Power was restored in atlanta just after midnight. After eleven hours in the dark. But this morning still a huge mess to clean up across the country to get flights back up and running. Live at Dulles Airport with the impact here in our area. And guess whos stuck in atlanta this stuck in atlanta this morning. Our very own larry smith he was trying to get back to dc for ou...

Times square on new years eve but still want an epic midnight moment. Its okay. A legendary rocker is here to rescue. And hes here to help us feel it in the air. Thats a little bit of a hint on this friday, december 22nd. From abc news, this is world news now. Feel the confetti in the air you think . Feel the confetti in the air. Or is this related to yesterdays frat party story, the booze in the air . Happy new year were going to start this half hour with the rush to get away for a holiday destination before the weekend storm hits. Aaa is expecting a Record Number of americans to be on the mo...