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Income inequality has been economic reality in America for decades.  Now it's a political hot potato.  As Democrats push for an increase in the minimum wage, can Hillary Clinton match the claims of Republican rivals to be "just like ordinary Americans?"

Also, ISIS claims its first attack on US soil. On today's Talking Point, Ann Ravel, chair of the Federal Election Commission, says next year's presidential spending may exceed $10 billion —with little chance that legal limits can be enforced. We hear why she calls the FEC "worse than dysfunctional."

Photo: Fast food strikes in New York City (Annette Bernhardt)

ISIS Claims First Attack on US Soil 6 MIN, 14 SEC

The so-called Islamic State has claimed responsibility for an incident in the United States — Sunday's attack in Garland, Texas, outside a contest to draw cartoons of the Prophet Mohammad. Two suspects killed by police were from Phoenix, Arizona — but ISIS radio is calling them "two soldiers from the soldiers of the caliphate." Rukmini Callimachi reports on ISIS for the New York Times.

Rukmini Callimachi, New York Times (@rcallimachi)

The Minimum Wage, Income Inequality and Presidential Politics 33 MIN, 27 SEC

Two years ago New York City, 200 fast food workers demanded a minimum wage of $15 an hour. They started something. Since then, legal minimums have been raised in red states as well as blue. The current federal floor is $7.25, and President Obama has proposed $10.10. Democrats in Congress are now pushing a federal floor of $12 an hour. Some Republican presidential hopefuls are talking about working class beginnings and cheap off-the-rack sweaters. Are we seeing a political movement? With voters still suffering in the aftermath of the Recession, we look at how income inequality is emerging as a major issue in next year’s campaign.

Paul Waldman, American Prospect / Washington Post / The Week (@paulwaldman1)
Ken Jacobs, University of California, Berkeley (@kjacobs9)
Ross Kaminsky, Heartland Institute (@Rossputin)
Susan Milligan, US News and World Report (@MilliganSusan)

NY Times editorial on picking up the tab for low wages
UC Berkeley's Center for Labor Research and Education on the high public cost of low wages
CBO on the effects of a minimum-wage increase on employment and family
Gallup poll on Americans identifying as middle class

Dysfunction at the FEC 9 MIN, 51 SEC

The Federal Election Commission, divided between three Democrats and three Republicans, is supposed to regulate the way political money is raised and spent. Next year's presidential campaign is expected to generate more than $10 billion. But FEC Chairwoman Ann Ravel recently told the New York Times, "the likelihood of the laws being enforced is slim" and that the FEC itself is "worse that dysfunctional."

Ann Ravel, New America Foundation (@AnnMRavel)

FEC on the Ready for Hillary PAC

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