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,000 in lifetime medicare taxes. Yet receives 250,000 in benefits. So is of taxes for 3 of benefits. Thats how medicare works. Thats for the typical family in ohio ar on the on or around the. When you multiply this, you can see why we have a totally unsustainable program because not enough money goes in to pay for the benefits coming out. Providing 3 in benefits under medicare fo for every 1 paid fr lowincome seniors is one thing. We want to make sure theyre taken care of. For the most part in their working years, those folks probably didnt earn enough to pay large medicare taxes and the progr...

Territory for the First Time Since 2008. The futures this morning after those two trading days do look like they are indicated higher. Dow futures up by 19 points above fair value. The s p futures are up by just over 1 point. On the economic agenda, december nonmanufacturing ism and november factory orders, both due at 10 00 a. M. Eastern time. Later this morning its about jobs. The adm jobs report on wednesday and the governments payrolls will follow on friday. Thats going to be the big one were watching. We have more on the markets and the economy throughout the morning, but first andrew has...

Department saying a 70yearold woman hit by a cement truck just after 3 00 this afternoon. The Police Closed streets for a while that caused some delays on muni street. More breaking news now across town in the sunset district. A large sixinch water main. And you can see that water main break here in pictures by sky 7 hd. It was affecting service on the light rail line the flow has been stopped. Someone tossing walter bottles at chp. There have been four reported insy denlts so far. In one instance, breaking off a side mirror today a bus was hit, spraying glass into face and eyes of the driver ...

Smartphone, tablets, ultrahigh death altra High Definition ultra high def. People are pitching everywhere be it with smartphones and tablets and these wearable devices, a lot of stuff a lot of time they say they will be competing with an individuals time. Check emails, check social media, you are going to be do it on a bet going to do it on a bunch of different devices. Determines it is about what it is connected to. The ceo of sony knows that. Them our products about you is measured by that. It is not just function that people desire. Deeper and more emotional value. In japanese culture, we c...

And washington state. Today the d. C. Council will hold a hearing on a bill introduced by tommy wells calling for the decriminalization of marijuana. Kristin fisher is live outside the Wilson Building with a preview of the hearing. Good morning, kristin. Reporter good morning. Just to be clear, were talking about decriminalization here, not full legalization, two very different things. What this bill would do is it would decriminalize possession of small amounts of Recreational Marijuana in d. C. By small ams were talking about by small amounts, were talking about less than an ounce of pot. Ri...