FROM Yusef Robb
Proposition 87 The movie stars and political celebrities campaigning for Proposition 87 range from Bill Clinton and Al Gore to Julia Roberts. Prop 87 would tax oil companies $4 billion to develop alternative energy, and prohibit them from passing the taxes on to consumers. The goal is to fund development of alterative energy sources and reduce petroleum consumption by 25%. But is it fair to tax one industry to pay for another? What do the measures backers have to gain for themselves?
Proposition 87: Can California Tax Its Way to Clean Energy? There will be 13 propositions on California's next ballot , plus local measures and countless races for federal, state and local offices. One of the propositions you're beginning to see TV commercials for and against is Proposition 87 . With six weeks to go before the November elections, the pros and cons have already raised more than $80 million. Prop 87 would tax oil companies for every gallon of gas produced in California. The goal is $4 billion in ten years to reduce dependence on gasoline and encourage development of alternative energy sources. Oil companies would be prohibited from passing the tax to consumers but they claim that gasoline prices would skyrocket anyway. Can California tax its way to clean energy? We hear the pros and cons.
White House budget proposal slashes and burns President Trump's first budget request is considered dead on arrival in Congress — a familiar development in Capitol Hill. We hear what it reveals about the priorities of the new administration. What's likely to die… and what might survive?
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.