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From the hay literary festival, in wales. Today im joined by a packed audience eager to hear from the american politician who defied conventional wisdom to inject passion and radicalism into last yea rs to inject passion and radicalism into last years us president ial election. No, not donald trump but the self styled socialist who challenged Hillary Clinton for the Democratic Party nomination, Bernie Sanders. His movement did not carry him all the way to the white house but has he planted the seed Of A Revolution In American Politics . Cheering and applause. Bernie sanders, welcome to hardtal...

If you're under $30,000, 66% of people will see no change. 33% of people making under $30,000, 53% making between $30,000 and $50,000 and up is how it goes. how much each income level will save. those making $30,000 or so, savings, $638. 50 to 75, 1,035. look at this. making above $200,000, save $5,000. make more than half a million, you're saving is bigger. different ways to parse numbers. don't have to memorize. i won't test you. look at this. this chart from the "washington post" put together with information from last week's report on the joint committee on taxation. the joint committee is...

>> you got to remember by having state and local tax deductions a waitress in mississippi making $30,000 a year sending money to washington to subsidize the appetite of wall street bankers for big government in new york city. i don't know why the waitress should pay for bloated pensions, they have cheap subway fares in new york. why should that waitress pay for that? i don't think she should. that is good reform. rob: the other side, people that live in places like california and new york are not all wall street billionaires, they pay a lot, cost of living, what you have to pay for property ta...

They will make $1,082 back. they have a tax deduction and a family flexibility credit. so after all this is over, they pay $400 instead of $1,582. >> shepard: okay. that sounds good. >> how about a single parent? >> shepard: how about that. >> making $30,000. they get a big fat refund of $1,700 more. it's because of the standard deduction that we've talked about. >> shepard: that's if you're single and zero. >> if you're single and zero. >> shepard: so if you're single, your refund goes up to $1,000. >> if you're single and have two kids. she's getting -- she or he. sometimes it's a fellow. >>...

Itis the dog days of august for many of us, but insurers are sweating bullets for different reasons. august 16 is when they have to finalize their premiums. that's in a week. it's unlikely things are going to settle down by then. the third week in august, august 21st is when the government is scheduled to make the next round of payments to insurers, they total $7 billion a year. the drop dead date is september 27 when insurers have to sign contracts for 2018. there's a lot of uncertainty whether it's going to be settled by the time they have to sign on the dotted line. >> before christine goes...