Thanks to low property tax percentages. How is there not an Emergency Fund for Something Like this to fix . Well, i mean, its a fairly affluent community the revenue we receive is not enough overall. Reporter so moraga has asked the governor to declare a state of emergency so that the state can pay for repairs. While the repair tab gets passed around, the sinkhole sits and waits. That means the businesses around there are, too. We are getting no new customers. Usually of this time springtime, we probably would be doing at least 30 or 40 more with the new clientele. All we have is regulars coming in because they know were here and no parking and no walkins. Reporter so the next steps at least for solving this sinkhole are as follows. First, they have to figure out what happened and why. They are doing a study to figure that out right now. Then once they know what the problem is, they have to figure out how to fix it. All of that information including the potential solutions and the pric
People of all ages. Made right here in the metro. Its wednesday, december 16th. Today in iowa starts now. More clouds this morning but more clouds this morning but also more mild temperatures. We are starting the day in the mid 40s, but through sunrise our temperatures will drop back to the upper 40s. We will rebound slightly to 40 degrees through early afternoon, but much colder air pushes in tonight first on 13. Its back to school for hundreds of thousands students in los angeles. It comes after a pair of bomb threats targeted their city and the big apple. Based on past circumstances, i administrators made the call to close 900 campuses yesterday morning. The move kept nearly three quarters of a Million Students home for the day. It was prompted by a threat emailed to the la school district. Mentioning explosive devices and assault rifles. Authorities searched the campuses and gave the all clear. But traced the treat to an ip address in germany. Another threat from that same address
Announcer next, major credit card executives testified on excessive fees for card transactions. That is that Card Companies announce a fee hike to insert or tap credit and edit cards. This hearing runs two hours. Good morning. This hearing will come to order. American consumers today are rightly worried about inflation and rising prices for the goods they buy. Today were going to talk about a hidden fee that fuels the fires of inflation across america every day. What they may not know is this swipe fee is contributing to the problem of inflation. When swipe fees on credit and debit cards go up, as they recently did, it increases inflation. Consumers ultimately pay the price. Ironically, this journey for me started in this very room 16 years ago. Arlen specter was a chairman at the senate judiciary. He called the hearing on swipe and interchange fees. I attended because i was not familiar with those terms. I heard for the first time what a swipe fee was. The fact that, when i used my de
Good morning. This hearing will come to order. American consumers today are rightly worried about inflation and rising prices for the goods they buy. Today were going to talk about a hidden fee that fuels the fires of inflation across america every day. What they may not know is this swipe fee is contributing to the problem of inflation. When swipe fees on credit and debit cards go up, as they recently did, it increases inflation. Consumers ultimately pay the price. Ironically, this journey for me started in this very room 16 years ago. Arlen specter was a chairman at the senate judiciary. He called the hearing on swipe and interchange fees. I attended because i was not familiar with those terms. I heard for the first time what a swipe fee was. The fact that, when i used my debit and credit card, the swipe fee was being charged to the retailer that i was ultimately paying. And then, i learned there was virtually no negotiation of those fees. Retailers were at the mercy of the credit ca
And debit card. The senate before the Senate Judiciary committee is two hours. Good morning, this hearing will come to order. American consumers today are rightly worried about inflation and rising prices for the goods they buy. Today we are going to talk about a hidden fee that fuels the fires of inflation across america every day. What they may not know is this wifi is contributing to the problem of inflation. When swipe fees on credit and debit card to go up, as they just recently did, it increases inflation. Consumers ultimately pay the price. Ironically, this journey for me started in this very room 16 years ago. Arland specter was the chairman of the Senate Judiciary committee. He called a key meeting on swipe fees and interchange fees. I intended because i was not familiar with those terms. I heard for the first time wettest life we was. The fact that i use my debit card and credit card a swipe fee was being charged to the retailer that i was ultimately paying. And then i learne