NEW STARTS NOW. AND TOPPING OUR NEWS THIS NOON A TAX CUT PLAN NOW ALL BUT A DONE DEAL PLAN
PASSED BY THE STATE SENATE
INCREASES SOME TAX CREDITS AND
STARTS TO PHASE OUT THE STATE’S
RETIREMENT TAX. BUT IT DOES NOT
INCLUDE EVERYTHING THE GOVERNOR
WAS PROPOSING. THE LOWERING MY
COSTS PLAN IS HEADED TO THE
GOVERNOR’S DESK. KEY COMPONENT
OF THE BILL INCREASES THE
WORKING FAMILIES TAX CREDIT FROM
6% TO 30% DEMOCRATS SAY 700,000
MICHIGANDERS WILL SEE AN AVERAGE
OF $3150 BACK IN THEIR POCKETS.
RETIREMENT INCOME TAXES ARE ALSO
CHANGING, GIVING ALL RETIREES
THE MAXIMUM DEDUCTION AND PUBLIC
EMPLOYEE PENSIONS WOULD NOT BE
TAXED AT ALL. BUT ONE KEY
ELEMENT DEMOCRATS WANTED THOSE
$180 CHECKS ARE NOT COMING. THE
ORIGINAL PLAN WAS IF YOU FILE A
TAX RETURN IN MICHIGAN, YOU GET
ONE, BUT IT WOULD HAVE KILLED
THE OPPORTUNITY TO ROLL BACK
MICHIGAN’S INCOME TAX RATE FROM
4.25 TO 4 POINT. OH 5% SENATE
DEMOCRATS WERE UNABLE TO GET
ENOUGH VOTES TO PUSH THAT
THROUGH ON TIME. SENATE MAJORITY
LEADER WHEN HE BREAKS, SAYING,
QUOTE. IT’S UNFORTUNATE THOSE
WON’T BE GOING OUT. WE WERE
HOPING WE WOULD BE ABLE TO GET
REPUBLICAN SUPPORT ON THAT, BUT
UNFORTUNATELY THEY WERE
UNWILLING TO DO SO. LAST NIGHT,
GOP MINORITY LEADER ERIC NESBITT
TELLING THE DETROIT NEWS QUOTE
SENATE REPUBLICANS PROTECTED THE
AUTOMATIC INCOME TAX ROLLBACK
THAT IS DUE TO MILLIONS OF
MICHIGAN RESIDENTS WHO NEED
PERMANENTLY LOWERED TAXES, NOT A
ONE TIME GIMMICK THAT DISAPPEARS
IN ONE TRIP TO THE GROCERY
STORE. WE DO HAVE A CREW HEADED
TO LANSING TODAY TO GET REACTION
TO GOVERNOR, BY THE WAY, DID
CELEBRATE THE BILL IN A PRESS
RELEASE TODAY, BUT DID NOT SAY
WHEN SHE PLANS TO SIGN THAT BILL
INTO LAW. THE OTHER BIG STORY
COMING OUT OF LANSING THIS
AFTERNOON, THE STATE HOUSE AND
SENATE ARE EXPECTED TO START
HOLDING HEARINGS ON GUN VIOLENCE
PREVENTION BILLS. THEY WERE ALL
INTRODUCED DAYS AFTER THE
SHOOTING AT MICHIGAN STATE
UNIVERSITY. THE BILLS WOULD
REQUIRE UNIVERSAL BACKGROUND
CHECKS, CREATE SECURE STORAGE
LAWS TO HELP KEEP LEGAL GUNS OUT
OF THE HANDS OF KIDS AND TEENS
AND ESTABLISHED RED FLAG LAWS
THAT ALLOWS THE COURTS TO
TEMPORARILY REMOVE GUNS FROM
ANYONE WHO POSES A THREAT TO
THEMSELVES OR TO OTHERS. A SHORT
TIME AGO, WE HEARD FROM THE
PRESIDENT OF THE MSU CHAPTER OF
STUDENTS DEMAND ACTION. I
REFUSED TO LET FUTURE
GENERATIONS OF STUDENTS GREW UP
LIKE WE HAVE LIVING IN CONSTANT
WORRY THAT ANY DAY COULD BE
THEIR LAST. RIGHT NOW WE HAVE A
REAL OPPORTUNITY TO MAKE
MEANINGFUL CHANGE, THANKS TO THE
TIRELESS WORK OF ADVOCATES AND
VOTERS. THE POLITICAL LANDSCAPE
IN MICHIGAN HAS CHANGED.
REPUBLICAN LAWMAKERS WE’VE
SPOKEN WITH RECENTLY SAY THEY
WANT TO SEE THESE BILLS WITH A
LITTLE MORE DETAIL TO THEM AND
LOOK FORWARD TO CONVERSATIONS
THAT ALSO SURROUND MENTAL HEALTH
. FORMER CONGRESSMAN FRED UPTON
REPUBLICAN SAYS HE’S A STRONG
SUPPORTER OF THE SECOND
AMENDMENT, BUT IS IN FAVOR OF
THESE BILLS. WE’RE STAYING ON
TOP OF THE EFFORTS TO RESTORE
POWER TO PEOPLE ACROSS METRO
DETROIT, AS THOUSANDS ARE NOW
GOING INTO A FULL WEEK IN THE
DARK, DTE SAYS MORE THAN 16,000
CUSTOMERS ARE STILL WITHOUT
POWER AFTER THE ICE STORM ONE
WEEK AGO, 630,000 WERE WITHOUT
POWER E HAS 4200 CREWS OUT IN
THE FIELD TODAY, WORKING TO GET
THOSE LIGHTS BACK ON. IMPORTANT
NEWS FOR PEOPLE WHO RELY ON
INSULIN, A MAJOR DRUG MAKER, IS
CAPPING THE OUT OF POCKET COSTS
. ELI LILLY LIMITING PRICES OF
INSULIN TO $35 PER MONTH. THE
AVERAGE LIST PRICE FOR ONE
VIOLIN. THE U. S IS NEARLY $99.
THE MOVE PUTS THE COMPANY IN
LINE WITH THE PROVISIONS IN A
FEDERAL BILL THAT IMPOSED A $35
MONTHLY CAP ON INSULIN. FOR
SENIORS THAT ARE ENROLLED IN
MEDICARE. THE CHANGE TAKES
EFFECT IMMEDIATELY, AND EXPERTS
SAY IT COULD PROMPT OTHER
INSULIN MAKERS TO FOLLOW SUIT.
NOW WAIT FOR THE SUPREME COURT
TO MAKE A DECISION ON PRESIDENT
BIDEN’S PLAN TO ERASE STUDENT
LOAN DEBT FOR MILLIONS OF
AMERICANS TO CHALLENGES WENT
BEFORE THE HIGH COURT AND HAS RE
JACKSON REPORTS FROM WASHINGTON
. SOME JUSTICES APPEARED
SKEPTICAL OF THE PRESIDENT’S
PLAN. AFTER HEARING SEVERAL
HOURS OF ORAL ARGUMENTS, SOME
SUPREME COURT JUSTICES
QUESTIONED WHETHER PRESIDENT
BIDEN’S PLAN TO FORGIVE STUDENT
LOAN DEBT IS LEGAL. OTHER
SUPREME COURT JUSTICES QUESTION
WHETHER THE CHALLENGERS IN THIS
CASE EVEN HAVE A RIGHT TO SUE.
SHOWDOWN AT THE SUPREME COURT,
THE FINANCIAL FUTURE OF MILLIONS
WITH STUDENT LOAN DEBT ON THE
LINE DEFINITELY WEIGHS ON MY
MIND THE DECISION THE FINANCIAL
DECISION FOR MYSELF, DO YOU GO
TO THE UNIVERSITY, WHERE I WOULD
HAVE THE LEAST AMOUNT OF DEBT
COURT HEARD ARGUMENTS TUESDAY
OVER PRESIDENT BIDEN’S STUDENT
DEBT FORGIVENESS PLAN IT WOULD
ERASE UP TO $10,000 FOR PEOPLE
EARNING LESS THAN $125,000 PER
YEAR AND UP TO $20,000 FOR PELL
GRANT RECIPIENTS. CONSERVATIVE
JUSTICES. THEY’RE SKEPTICAL.
ALONG COMES THE GOVERNMENT AND
TELLS THAT PERSON YOU DON’T HAVE
TO PAY YOUR LOAN. LIBERAL
JUSTICES QUESTION WHETHER THE
CHALLENGERS, SIX REPUBLICAN LED
STATES AND TWO PEOPLE WITH
STUDENT LOAN DEBT EVEN HAVE THE
LEGAL STANDING TO SUE AND
EXPRESSED SYMPATHY FOR DEBT
HOLDERS. THEY DON’T HAVE FRIENDS
OR FAMILIES OR OTHERS WHO CAN
HELP THEM MAKE THESE PAYMENTS.
THE EVIDENCE IS CLEAR THAT MANY
OF THEM WILL HAVE TO DEFAULT
PART OF THE ARGUMENT. THE
PRESIDENT OVERSTEPPED HIS
AUTHORITY BY TAKING ACTION
WITHOUT CONGRESSIONAL APPROVAL.
LAWMAKERS ARE DIVIDED. THE
PRESIDENT’S STUDENT LOAN
GIVEAWAY WILL DO NOTHING.
NOTHING. TO ADDRESS THE ROOT OF
THE PROBLEM. AND THAT IS
SOARING. COLLEGE COSTS. IN FACT,
IT’S LIKELY TO MAKE THINGS WORSE
90% OF THE RELIEF GOING TO OUT
OF SCHOOL BORROWERS WILL GO TO
THOSE EARNING LESS THAN $75,000
A YEAR. THIS IS NOT SOME
GIVEAWAY TO THE RICH. THAT’S
UTTER BULL COURT IS EXPECTED TO
RULE ON THE MATTER. BY THE END
OF JUNE. THE CONGRESSIONAL
BUDGET OFFICE ESTIMATES
PRESIDENT BIDEN’S STUDENT LOAN
FORGIVENESS PLAN WOULD COST MORE
THAN $400 BILLION. IN WASHINGTON
. BRIE JACKSON, NBC NEWS RIGHT
BRAIN. MICHIGAN IS FAMOUS FOR
PUTTING THE WORLD ON WHEELS WILL
NOW WANTS TO PUT PEOPLE TO WORK
WITH WHEELS. MICHIGANDERS
SCHOLARS PROGRAM WILL HAVE UP TO
10,000 SCHOLARSHIPS FOR THOSE
LOOKING TO STAY IN THE STATE
AFTER GRADUATING THE GOAL OF
THIS PROGRAM TO KEEP THE TALENT
WE HAVE IN THE STATE WHILE
GROWING THE ELECTRIC VEHICLE
INDUSTRY HERE AT HOME. I KNOW
SOME HAVE COMPARED THIS
TRANSITION THAT WE ARE FACING
FROM HORSE AND BUGGY DAYS TO THE
GAS AUTOMOBILE, BUT THIS IS
REALLY A PROFOUND MOMENT, UM,
FOR MICHIGAN TO CONTINUE TO
LEARN NOT ONLY INNOVATING BUT
MANUFACTURING THE BEST AND
BRIGHTEST TALENT AS WELL AS
PRODUCTS ACROSS THE GLOBE.
CURRENTLY MICHIGAN HAS MORE THAN
3000 JOB OPENINGS IN THE IV AND
MOBILITY SECTOR. WELL HOW DID
TEMPERATURES IN THE FIFTIES IN
MARCH CRAB? YEAH WELL, THAT
COULD HAPPEN OVER THE NEXT FEW
HOURS. WE’RE JUST NOT GOING TO
TALK ABOUT THE NEXT FEW DAYS.
OLIVE THAT METEOROLOGIST
ASHLEE BARACY WHO’S TRACKING ALL
OF IT FOR US THIS AFTERNOON. HEY
ASH. WELL, I’M GOING TO START
WITH SOME GOOD NEWS. TODAY IS
MARCH 1ST, WHICH IS THE
BEGINNING OF METEOROLOGICAL
SPRING MARCH 1ST THROUGH MAY
31ST FOR THOSE OF US
METEOROLOGISTS CALL THIS SPRING
BECAUSE IT’S BASED ON ANNUAL
TEMPERATURE CYCLE AND HOW WE
KEEP OUR WEATHER RECORD. WORDS
BUT IF YOU’RE KEEPING TRACK ON
YOUR CALENDAR WHILE THE SPRING
EQUINOX 19 DAYS AWAY, AND BOY,
IS IT FEELING LIKE SPRING OUT
THERE ON THIS FIRST DAY OF MARCH
, BUT WE WON’T OFFICIALLY BE IN
SPRING, ACCORDING TO THE
CALENDAR ASTRONOMICAL SPRING
UNTIL MARCH, 20TH, AND IF YOU’RE
ALSO KEEPING TRACK OF SPRINGING
FORWARD WELL, LET’S TALK ABOUT
DAYLIGHT SAVING TIME. WE WILL BE
FORWARDING THOSE CLOCKS COME
SUNDAY, MARCH 2ND, WHERE THE NEW
SUNRISE WILL BE JUST BEFORE
EIGHT SUNSETTING RIGHT AROUND 7
30. SO RIGHT NOW IT DOES FEEL
LIKE MARCH. YOU CAN SEE I’M KIND
OF STALLING, TALKING ABOUT THE
LATER PART OF THE WEEK. 45 IN
DETROIT SEMEN HOWELL 41 IN
PONTIAC, 44, ADRIAN AND THOSE
TEMPERATURES ACROSS THE METRO
AREA. ARE EXPECTED TO CLIMB
RIGHT AROUND 50 TODAY, NOT THE
CASE UP IN THE THUMB, WHICH
WE’LL TALK MORE ABOUT THOSE
DETAILS IN YOUR FULL FORECAST,
BUT YOU CAN SEE WE’RE STEERING
CLEAR OF ANY MORE PRECIPITATION
FOR TODAY IS THE SNOW IS UP TO
OUR NORTH IN THE UPPER
PENINSULA, SO AS WE MAP OUT THE
REST OF YOUR WEDNESDAY 51 THE
AFTERNOON HIGH HERE WITH A FEW
BREAKS IN THE CLOUDS, BUT WE’LL
TALK ABOUT THE COOLER CONDITIONS
TO OUR NORTH TODAY, PLUS THE
WINTER STORM ON THE HORIZON
COMING UP IN YOUR FULL FORECAST,
AND WITH THAT ON THE HORIZON,
MAKE SURE YOU HAVE THAT 4WARN