tv ABC7 News Getting Answers ABC August 8, 2022 3:00pm-3:30pm PDT
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>> good afternoon. you are watching getting answers live on abc7. we are asking experts your questions every day at 3:00 to get answers for you in real-time. today a new study ranks california when it comes to kids with depression and anxiety and we did not do so well. senior manager director at children now, kelly, digs into that study. the travel woes continue. will things get better before labor day or thanksgiving. our analyst joins us with perspective. but first the inflation reduction act passed in the se
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senate. it covers climate, healthcare and tax legislation. joining us is rick klein. thank you for being here, rick. >> thanks for having me. >> first let's talk about all that is in this bill. it is being touted as making history. so why is that? >> welling, it's being called the i flags reduction act but that's some titling that is more aspirational than anything else. the hope it will ease inflation concerns but the reality is that is a bit unknown. that is isn't something congress can legislate. it is a conglomeration of tax policies to represent the entirety of what is achievable of the democrats agenda through the rest of the year. a lot of money to address to climate change. that was a big priority recently. some money to shore up obama care and allow medicare to
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negotiate with drug companies. and new tax provisions designed to ease some of the concern around the lack of balance between corporations and very wealthy individuals although a lot of folks wanted to go better. the hope among democrats after a lot of months when they've been known to what they haven't been able to do is turn that around, that are important in people's lives and the cost people face in day to day activities. >> we will get to that in a moment. but will this do for americans? we know prescription drugs are a part of this. what else? >> well, it depends on how you access your healthcare. if you get your healthcare through obama care this there are major efforts to address some gaps in coverage to make obama care less expensive for individuals. prescription drug pricing is a big piece of there. there are caps you are expected to pay out of pocket.
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a lot of these things are filling little holes or patching up things that have been apparent in the healthcare system and things that are very important. that hold very well. and taking together could be expected to address healthcare cost that are attributed to where people are seeing the impacts on rising costs. >> and anything for people looking to buy a home? >> i think the biggest issue that a lot of homeowners are going to face right now is truly going to be around the rise in prices. and i think the fact that we will see mortgages become much more expensive will take away from any additional help, additional subsidies might be part of this. the democrats tried to do what they could but the efforts to tame inflation will be limited. >> so many people are struggling. we are dealing with high gas prices. will this do anything for high gas prices or help at all at the pump? >> the hope is this helps indirectly around gas prices.
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we've seen gas prices fall independent. i know california is a lot more expensive than the rest of the country but a lot are paying under $4 which is much-needed relief. and the efforts to shore up infrastructure around energy production, the efforts to incentivize new green efforts and to move the energy economy a bit. but it will be beyond the control of policy makers. that is not something you can legislate. there was something that faded that wasn't part of this package. >> right. and the other concern for a lot of people, the prices at the grocery store. it feels like you are paying double for some things at this point. could this trickle down to stores and every day essentials that people are buying? >> i think the economists that looked at this said over the medium to long term it is possible it immigrants pacts inflationary costs. there are efforts to shore up
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the supply chain that might ease costs. this isn't the magic bullet that means you will pay less for a gallon of milk. and it couldn't be packaged as such. this isn't the kind of bill that does that, if any bill can do that. but the thoughts in shoring up weak spots it keeps the economy in a good growth place. the inflation area pressures down and it means people can expect an easing of the rising inflation. but the inflation reduction act suggest a power that isn't in this bill. >> yea, can you touch on that? some people argue this bill won't do much for inflation. can you weigh in on that? >> yea, i think the jury will be out for a while as to how much if it at all helps. most analysts thought it could have a mild impact on inflation but not in the scope of the next couple of months. if you look at midterm eelections it could reverse the
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inflation we've seen is a fallacy. the effort to get something big done to recognize there are spots people need help, that is the motivating factor and got it over the finish line in the senate. >> what about taxes? who does it impact when it comes to that? >> a lot of this will be for upper income owners and corporate tax of 15%. puts a new tax on so-called stock buy backs where companies go in there and they buy back some of their own stock even though the percentages are small the numbers are huge. there was something in this bill that would have created a minimum tax that was quite a bit higher for hedge fund managers. they pi pay under a different tax system that leaves them paying higher taxes than everyone else. it was taken out last minute. big business was worried about some of those provisions so they didn't get everything they wanted on taxes and doesn't look as far as addressing the tax
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rate that some progressives wanted in it. >> and what about climb it? let's get to that because that is a big part of this. we heard so much discussion about it. this is the largest investment ever by the united states when it comes to climate. so what does this bill do when it comes to climate change? >> he will well, again, these are big investments but some of the problems that we've had in terms of addressing climate will stay structurally as part of this. there are big incentives. some areas that will help industry move away from fossil fuel. there is a lot of new money in investment here in green infrastructure. the green new deal got parodied over the years but there is a lot in this and ultimately part of this package. there is help for industries that are trying to make that transition understanding there won't be a clean break. so one of the things that i know senator manchin wanted in there to make sure his situation in
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his home state got support that isn't a clean break from fossil fuels. a lot of concern it may be too little, too late. that we are too far along but view it as this major investment at this time better than nothing. >> over all, what is your perspective on this and the timeline of the bill as well. i mean, when can people see any kind of impact? what are your thoughts on that? >> well, depends how you live your life and what you need the government for. there are areas where there will be immediate relief and help, but other areas negotiating a prescription drug pricing. by the time it trickles down it will be quite some time. i think the democrats feel like they have something better to pack together. a lot is motivated by politics. coming up in an election year a lot want to get home and do their campaigning for the fall season. that's how it works. this was a last first of legislating. we haven't seen much in terms of the president's approval rating
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that people are tuned into victories like this happening in the middle of the summer but the hope is individuals see help in their every day lives that it starts to spill over a bit and changes some perceptions. >> and we do have a viewer question. pretty specific do so i don't know if you can answer that but someone asking about the ev rebate? is there anything in this bill that would tackle that? >> you know, i'm sorry, i don't have the specifics on it. happy to dig into that at another time but i don't know specific situations with ev rebates. i know they are different in every state and some programs have been expiring and a big effort to encourage elek contribute cars but i don't know the details. >> all right. we appreciate your time. i know we went over a lot this afternoon. and there is a lot in it. so we will be following up with you. really appreciate your time and thank you for weighing in. >> thank you. thanks for having me. >> well, we are also talking about students. they are heading back to school and it has been a trying couple
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>> welcome back. california isn't doing so well when it comes to kids with depression and anxiety. that is according to the 2022 kid count data book. it analyzes the well-being of children and families. joining us live is senior managing director is kelly h hardy, thanks for being here kelly. >> thanks so much for having me. >> first let's talk about california ranking 33rd among states when it comes to child well-being.
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that does seem a bit surprising for some people. what does the study look at when it comes to getting to that ranking? >> sure, so the foundation that looks at 16 different data sets across economics, child health, education -- things like low birth rate, child poverty, etc. and compiles them all and comes up with rankings for all 50 states and how they are doing in supporting children in their state. and as you said people are sometimes surprised that california doesn't come out looking so great. we consider ourselves to be the top in technology, environment and we are not doing as well in supporting children. >> this is a study that is released every year. how have we done year to year then? the pandemic had a big role in this. >> absolutely. the pandemic has been as we know
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a very tough impact on children and everybody across all the states. over time california has gone from 41st state in 2012 to 33rd this year. so some improvement that is great but still haven't climbed our way out of the bottom third of states. so we need to be doing more to support our kids and especially as you see them going back to school their shining faces we need to make sure that we are giving kids all that they need to thrive especially black and brown kids and children in poverty that might need supports. >> that's what i was going to ask. are there certain groups of kids that are impacted more than others? and specifically, i mean, according to the study, what do you think they need? is it more resources? it is more support? what do you take away from that?
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>> in some cases it's what they don't need. and children need to experience a lack of racism, for example. they need to be embraced. and so that's one angle. we do see that black children, for example, are nearly twice as likely to attempt suicide as other california children. so there needs to be a lot more research into how we can specifically support black kids in california. and other communities as well. >> okay, so there are things that the government can do, but then what can we do to help support our kids living here? in addition to voting for politicians who really
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prioritize kids, i think that there is individual supports that we can get for kid, but like you mentioned, the state support is what is sort of leveraging these -- what's important across all of the aspects of children. so health, education, kids don't come just with one problem or one issue, right? they need to be supported across the board. >> so comparing california to other states that might have done better, what are we lacking here that the other states have? i mean, i'm trying to put the pieces together and try to figure out that part. how can we do better? what state did better than us? and what do they have that we don't have? >> sure. so some of the states that do better on education have much lower teacher to student ratios.
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we are dead last in housing costs. meaning we have the highest housing cost that is not surprising to anybody but that's the place we need to do more. obviously. and one of the other pieces is around proficiency in reading and in math. so just real basic academic out comes which again could be impacted by those -- the availability of learned and supportive adults in school. we are just not -- we don't have enough teachers and administrators in school. >> yea, hopefully that changes. but i have to ask, you know, any advice for parents as kids head back to school? if they think their child is dealing with anxiety or depression. what resources are out there? what can parents even do?
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>> that's a great question. there is a new phone number that is available, 9-8-8. that folks can call to access mental health resources for themselves or for their kid to get supports. i'm a parent myself of a son going into fifth grade. i know it's tricky times. and we do the best we can, i think, as parents to take care of ourselves to be there for our kids. >> great advice. >> and lastly, before you go, you look through the study in very much detail, what is your one big take away or perhaps one big change that could happen that needs to happen when it comes to improving our score when we are dealing with kids on anxiety and depression here in california? >> california as a state, our
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government, needs to take the youth mental health crisis as an emergency. it is an emergency. and the same way that we saw government acting quickly around the covid emergency. we need to be acting just as quickly to get help to kids. unfortunately, what we see is many kids who, for example, go through major depression, are not accessing services. something like two-thirds of kids with major depression don't access services. so we need to be getting culturally appropriate services to kids in a way that can support them so they are able to thrive. >> so the services might be out there. it's just making sure that kids have access to them, can get there -- can actually use those services that are already put in place. >> exactly. >> all right. thank you so much for your time
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today. kelly hardy joining us. we appreciate your input on this topic. >> thank you. >> all right. moving on to our next topic. this might be stressful for some of you just thinking about it. traveling by plane has turned into an adventure or a nightmare. depending on your experience. if you are thinking about taking a trip, up next, what you should know ahead of the i'm jonathan lawson here to tell you about life insurance through the colonial penn program. if you're age 50 to 85, and looking to buy life insurance on a fixed budget, remember the three ps. the three what? the three ps? what are the three ps? the three ps of life insurance on a fixed budget are price, price, and price. a price you can afford, a price that can't increase, and a price that fits your budget. i'm 54 and was a smoker, but quit. what's my price? you can get coverage for $9.95 a month.
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and give helpful direction to your loved ones with your final wishes. and it's yours free just for calling. so call now for free information. >> if you've travelled by plane in the last few months you might have experienced some frustration. flights are not only expensive, people are experiencing delays and cancellations. joining us live now is airline and travel industry analyst, henry heart felled. thank you for being here, henry. >> hello, i'm glad to be here. >> first, let's talk about the cost. are flights more expensive than they were prepandemic? it seems that way and at least for domestic flights i was looking to book a flight to
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cleveland and chicago and it feels like i could go to europe for the same amount. >> yes, you are. and you are talking to someone that just returned from a weekend in seattle and the airfare i paid from san francisco to seattle this weekend is what i would have paid for a trip to new york before covid. fares are up and it's because of supply and demand. the airline industry has bt returned all the flights and seats to the schedule because of staff shortages. so when you have a lot of demand plus expensive fuel, fares go up. >> and i'm assuming airlines are trying to make up for the money they've lost do you remember the pandemic, too. >> absolutely. the airlines are trying to make up for the losses they experienced in 2020 and 2021 and several u.s. airlines were
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profitable in the june calendar quarter. others that weren't profitable say they expect to be profitable for the september calendar quarter which include this summer. >> great, we get to pay for it. >> you literally do. >> we have labor day weekend coming up and thanksgiving is around the corner. what do you expect for holiday travel when it comes to costs? >> i would say that labor day will probably continue to be expensive. maybe not quite as expensive as the summer because for one thing jet fuel prices are coming down and secondarily kids start to go back to school in the next few weeks. so it is not quite as busy a summer travel weekend as july 4th or memorial day. but i expect it will be more expensive. now, what is interesting about thanksgiving, we did a survey earlier this summer, 17% of the people in our survey which was more than 1700 pleasure flyers here in the u.s. say they are thinking twice about flying
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somewhere for thanksgiving and christmas because they are so unhappy with what has been going on this summer. so i would say this, having worked in the airlines, don't book your thanksgiving tickets yet. wait until labor day to start seeing if the prices get better. >> okay. that's good advice. let's talk about as you mentioned the frustrations that people have experienced with summer. i mean, we are talking about flight cancellations and delays. i recently had a direct flight that was canceled and rebooked with a different flight with a lay over. can we expect to see more of that? or is that going to get better any time soon? >> well, so realize this, no airline executive, no airline employee wakes up in the morning and says how can i inconvenience tens of thousands, perhaps hundreds of thousands of people today? when flights are delayed or canceled usually there is a lot of bad weather somewhere, either at the originating airport, at the destination or somewhere in
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between. this past weekend we had terrible weather in many parts of the country. my flight back this morning was delayed because of bad weather here in the bay area. what i would say is this. if your flight is canceled and you are rebooked on an itinerary that includes a connection, reach out to the airline and see if they can put you on another nonstop if they have one but realize there aren't as many flights so there aren't as many options. the dot, department of transportation, that oversees airlines has proposed a rule that if passed would require travellers refunds if your flight is canceled or changed by three hours or more for a domestic flight. it is just proposed. it's not going to go into effect for a while. if it goes into effect. but that could be good news for travellers. >> and we have about 30 seconds left. is there any update to the
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luggage issues that we saw people in europe? is that getting any better? i know some people are worried they are traveling through london in the next couple of weeks. >> so london is perhaps the epicenter of lost luggage where you had piles of bags that rival the mat horn in size. it is getting a little better but not much better. regardless where you are going, if you can carry your bag on the plane do so. if you can check it put an air tag on it or in it -- >> we have to wrap things up b
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air and live stream answering your questions. world news tonight with david tonight, several developing stories as we come on the air. president biden and his visit to kentucky. the devastation. what he said about climate. and about the historic bill set to be passed, from climate to bringing down prescription drug c costs. also tonight, bracing for new, severe storms. and remembering olivia newton-john. what we've learned tonight. the president touring flood-ravaged parts of kentucky today. the white house praising the $740 billion economic bill now passed by the senate. the biggest investment ever in the u.s. fighting climate change. cutting health care and prescription drug costs. taxing corporations. and reducing the deficit. tonight, what republicans blocked. a cap on insulin costs. and what they're saying about this bill set to pass next in the house.
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