FROM Elise Gould
How Expensive is LA? $73,000 Annually, Just to Get By Los Angeles is an expensive place to live, though we’re often told it’s better than San Francisco or New York. The liberal-leaning Economic Policy Institute surveys the region each year and comes up with a family budget -- the amount of income necessary to cover health care, housing, food and taxes. Just the essentials, no saving. For a family with two adults and two children, that comes to $73,000 each year . And yet, many Angelenos are falling short. Over two-thirds of Latinos make less than the family budget threshold. Over one-third of whites are missing the mark. And the big culprits are housing, health and childcare.
America and Poverty: What the Numbers Mean for Gen-Y Recovery from the Great Recession is sluggish at best, and the Census Bureau has provided the latest evidence of ongoing decline. Last year, poverty in America rose to its highest level since 1993, with the number of poor people now approaching 50 million. We look at the impact on different age groups, ethnicities and levels of education. Segment image: A man looks through a trash dumpster on September 14, 2011 in New York City. Photo by Spencer Platt/Getty Images
America and Poverty: What Do the Numbers Mean for Gen Y? Recovery from the Great Recession is sluggish at best, and the Census Bureau has provided the latest evidence of ongoing decline. Last year, poverty in America rose to its highest level since 1993, with the number of poor people now approaching 50 million. Some are children of the Middle Class. Even college graduates face a high rate of unemployment, at the same time they're strapped with the debt accumulated in getting degrees. Their future is bleak and they'll have trouble helping their aging parents, who have to rely on assets that are losing their value. We hear what it's like to be poor and look at the consequences for different segments of a struggling population.
Poverty Level Highest in Half Century, Census Shows Some 43.6 million Americans now live in poverty and the poverty rate is now 14.3% -- the highest since 1994. That's according to the Census Bureau's annual report , released today in Washington. Economist Elise Gould of the progressive Economic Policy Institute has more.
Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.
Replacing Obamacare: Now you see it… now you don’t As the Senate deliberates replacing Obmacare, health coverage for millions of people is at stake. There've been no public hearings, and a draft measure won't be made public. Is the House version so unpopular that that Senate is hiding a version that looks much the same?
Human Rights in the era of Donald Trump President Trump’s UN Ambassador, Nikki Haley, said today the US might pull out of the United Nations’ Human Rights Council. Serious violators of human rights are members of the Council itself–and a US resignation could make things worse. Later on today’s show, now that he’s into his second term, comedian turned US Senator Al Franken is telling jokes again.