once you get there, is your gam limit for the base year. from that base year, that limit is then inflate ed each year by population growth in the city as well as a cost of living measure, which can be either a measure of growth and state of california's income growth. effectively it is the state of california income growth for us in the city. so what you need to do is that when you have your methodology for determining the amount of taxes and the exclusions, you need to use that same methodology of the each year that they are after and to calculate taxes and exclusions the same way we did in the base year. this will be important on the next slide. the other thing we have here is what happens if you exceed the limit. you can exceed in it one year, but in the next year you have to be under it sufficiently so on average you are below the limit. if over those two years you still remain above the limit, then you have to years to reduce taxes to get yourself to eliminate that limit, or pass a voter initiative to raise the limit, which we'll also

i'm joined by an investor director from gam. do you think market participants would be more comfortable with more uncertainty rather than the formation of a new five star lega coalition government? >> it's difficult to say italy -- it's a cliche that italy is used to political instability and it's also becoming widely accepted that status quo is not the worst thing. >> it's not the worst thing. >> belgium flourished with 18 months of no government. >> do you think there's a reason to pinpoint why investors reacted the way they did on tuesday and what is so different now and it has stabilized to some extent? >> markets are -- after ten years of low volatility markets, we have an increasing portion of participation coming from algorithms, passive programs, this creates an odd environment and odd response to bits of news i think what happened was in global markets, they were more or less up with events people have become comfortable with italy something with a few days of perspective doesn't seem necessarily that colossal news, it

the stars of fox's "the four" battle for stardom gear up for season two in full gam mour mode. >> nevergoing to happen. unpredictable. tense. you have the fergie, our fearless leader. >> yes. killing it. >> i think we know who the leader is. >> it will be a fresh start for the show, which did not replace charlie walk. he left last season amid allegations of past sexual harassment, which he denied. megan trarn has the undeniable bride-to-be glow. she's engaged to "spy kids"'ser daryl sabara. >> my fiance is my savior. >>> "e.t." is not just on the air. we're everywhere. on every platform. every day. check us out on facebook, twitter, and ♪ >>> we were there this morning as meghan markle joined husband-to-be prince harry at madame tussaud's new york. >> this was a replica of the dress she wore to the queen's christmas function. >> here's the quig request. do you like london or new york better? >> they both look realistic. i think meghan looks the most realistic. >> i like the real-life version. that's the one i'm going for. spl she look like your wife. all right. well. re-creating the the

gam, tim hayward saying it is contained.'s have a look at your risk radar because i think that gives you a little of reflection. this is dollar-yen, by the end, by the swiss to a certain extent. you are looking at a moderate move. .esterday, we were using panic there was panic when the two-year notes open. breaking news coming in from rbf. we will get back to markets in a second. we were waiting to hear if they would begin to sell some of their debt, but the cfo has at rbs. as the cfo the question is when will the government begin to divest themselves of those positions in rbs? we are seeing ross mcewan still there, you and stephenson, he goes and in terms of participation on the board. he leaves the board at rbs. that is the cfo. yen is bid, tenure futures are coming back a little. let's look at the bond market. i have squeezed it down in terms of duration. the two-year government bonds in italy. despite what you saw in terms of yield. the yield ratcheting higher yesterday in italy. was the language our interviewee used. we

the stars of fox's "the four" battle for stardom gear up for season two in full gam mour mode. >> nevers going to happen. unpredictable. tense. you have the fergie, our fearless leader. >> yes. killing it. >> i think we know who the leader is. >> it will be a fresh start for the show, which did not replace charlie walk. he left last season amid allegations of past sexual harassment, which he denied. megan trarn has the undeniable bride-to-be glow. she's engaged to "spy kids"'ser daryl sabara. >> my fiance is my savior. >>> "e.t." is not just on the air. we're everywhere. on every platform. every day. check us out on facebook, twitter, and he's been called a rockstar lawyer. he tops the charts on progressive causes... winning pro bono battles for immigrants and the homeless. defending gay rights and gun control. democrat jeff bleich. after columbine, bleich led president clinton's youth violence initiative. with joe biden, bleich took on domestic violence. served president obama as special counsel and ambassador. maybe bleich can't pull off the rockstar look... but his progressive record

as part of this effort, i'd like to thank gerald gam, steven smith, betty coed, walter olesik, richardseth, tom cleber and gary craig, all of whom have contributed to this series of speeches i've made over the last few years. kentucky has long -- it could be argued -- above its weight in the white house senate. aside from having a small population, kentucky has produced its greatest lawmaker henry clay, one of only five state that is can claim two majority leaders, and is the only state to have three majority whips. that's the number two job. the commonwealth has the produced more senate party caucus chairmen than any other state. in addition, kentucky has been hope to vice presidents, presidents, and scores of prominent church massacre chairmen. they've always -- prominent chair chairmen. the senate majority leader is nowhere to be found in the constitution or in american history. the job is not mentioned at all. it emerged slowly over time and is actually a little more than a century old. the president of the senate, the vice president, is provided for in the constitution and on paper

dollars that they're taking to convince us how good they are when they're really just part of a big gam and making it guaranteed profits because you know these these contracts and basically. guarantee we win for them what they call no bid contracts and and then they profit from war but yet people think of them as these wonderful benign corporations medea benjamin when people watch and listen think well that you know this is a lady who acting before those obviously brought the mighty nike to its knees in terms of wages and conditions for workers around the world but there's no saying that there's no effective way to campaign against the corporate military complex in the united states is obviously and the keyword there is effective because i do a lot of campaigns and i find myself flailing around hitting my head against the wall yelling and screaming just because i feel so incensed about your latest book of about iran and your real experiences there and how you found that society well i went to iran a couple of times and i was actually blown away by the iranian people because you know eve

everybody else 1 degree warmer san francisco a gam e tonight? not many teams hotter than the giants right now. ann last night, win tonight, win first pitch at 7:15, 59 degrees dropping down to 56. msengy ostlstars, will be a l breezy and sun sets at 8:00 this evening. have a good time. here is alexis. >> okay. want to head back to central valley where we've had a couple issues if you're trying to get out oftr ac of improvement west 580 near north flynn road. to-car crash. one of those vehicles has totalled but that cleared from the board according to chp. looks like that is no longer blocking tu delay, volume filling in. westbound 580 at 680 merge, awo ht lanes and three-car crash happened 20 minutes ago. bay bridge toll plaza looking good. we don't have metering lights, cash lane looking pretty good right now. >> wakanda forever or one night at the coliseum. >> very first look. pretty cool. this is the possible hea released on the 5th. an image and he glows in the dark , io.n honor of the directr of recently released mega blockbuster movie "bla

>>ep rr:orte bwnromi, a lwkeaue s buckroieok b wasrilyefle jaid urhoats lere hla pdye thee gam e th vibrule biso es tth af. tethr mee ga hwoe 'tuldn go in dtol.etai >> the mwailukeeol pice chrtpa wmenthi hchadas me ansge has had a sgetran afrelaonipsh with the city's rin-caicameran mmcounity. in016 rtsioro bke outft aer fiof scershot and kildle syillvmile sth whool piceay s ed e andscedapra a tfftoic sp. or arcenfoemisent bngraci f wh c boulde roa stngea rn ctio stand roesng rpofrnse om the >>unmm ity. ts hat'deo marcmo.rgan brown lere aased steta ment l ngpl he an fs toillee a ga pogaon ain tstilhe mwa ukee liepce dart.tmen hes say thenc iident was an lshe aod sai stiituaon leik mine anwo hrseapevpen erayy d in e thkblac mmcounity. beg a voice and face for pe wopleho't won beae hrd and han't ve s theame ptfla aorms iad hs ia sprebionsili ity take riseously. >>cirivil ghrots gupes ar "nnfl b kaninneelg ngduri the atl ionaanemth." erplays ahave ce.hoic mecoth on e d fielanstd foand r "nthe atl ionaan" themory stain lothe ckooer rm. >>hasot's meinth og wewe suwe'vbeenen ssi ativende mad re we

. >> the public first saw them t together ates invictus gam in canada in september of last year.ut by then they would been together for over a year. they spe time in bottoms wana, where he revealed theyut campedith each other under the stars. when they were interviewed after tngirement was announced, they explained how they met on a blind date. >> we were introduced bay mutual friend. >> we should protect their privacy and not reveal too much er that. >> it was through and then we met once then twice back to back two dates in london. n reporter: tn november, harry popped the question. >> it was so sweet and natural and very romantic. he got on one knee. [laughter] >> i fell in meghan so incredibly quickly. it was sort of confirmationo me that all the stars were aligned.as everythingust perfect. this beautiful woman literally trmed and fellnto my life. i fell into -- into her life. reporter: more public engagement shed light on how the couple work as a team. >> this is a couple whowh know love means. from those earlys, dhe engagement day where they came out holding hands. the reas

really running the gam met with the temperature stred. everyone will have cooler than average temperature and a good dose of wind to go with it. i'll have your full seven-day forecast, next. >>> also ahead, the power of social media. here from man whose crediting his twitter followers for helping him save his mother's life. >>> later today a funeral will be held for one of the victims from the deadly school shooting. i'll have it's "watch what you want on the fastest internet" streaming. it's "live sports so you never miss a goal" streaming. it's "dvr shows because you'll never know when you'll need it" streaming. it's streaming from xfinity that makes your life... simple. easy. awesome. get started with xfinity internet for $40 a month for 2 full years when you sign up for tv. plus, get 3x the speed of at&t and directv. click, call or visit a store today. ( ♪ ) face the world as a face to be reckoned with. only botox® cosmetic is fda approved to temporarily make moderate to severe frown lines, crow's feet and forehead lines look better.

change to penalize players and other team personnel who kneel during will national anthem during the gam games. kaepernick claims, he has not been able to get hired by other teamings because of his launching of the anthem protest. league tv viewership dune aboutt 10% over ale, for a variety of reason. there are a lot of ways to watch. people did not like protests, with me now. former nfl super bowl champion, burgess owens, what is your take? >> thank you. i call this leadership. thank goodness american people voted for a leader who believes in the country and our metropolitan way. president trump drew a line. that is simply we live in the greatest country of history of mankind, it is time to stop the leftist move. and be thankful for who we are. i am thankful that we are having this conversation. we would not have this if hillary clinton had been in office. we are doing right thing, we will go the our young men. the most important thing, our responsibility as americans to make sure the next generation has more hope, faith and believe and tune in our country -- opportunity in the country

when we come back i want to talk about childish gam beano and his stunning video of "this is america." a lot to say about this one. ♪ this is america if yor crohn's symptoms are holding you back, and your current treatment hasn't worked well enough, it may be time for a change. ask your doctor about entyvio, the only biologic developed and approved just for uc and crohn's. entyvio works at the site of inflammation in the gi tract and is clinically proven to help many patients achieve both symptom relief and remission. infusion and serious allergic reactions can happen during or after treatment. entyvio may increase risk of infection, which can be serious. pml, a rare, serious, potentially fatal brain infection caused by a virus may be possible. this condition has not been reported with entyvio. tell your doctor if you have an infection, experience frequent infections or have flu-like symptoms or sores. liver problems can occur with entyvio. if your uc or crohn's treatment isn't working for you, ask your gastroenterologist about entyvio. entyvio. relief and remission within reach. >>>

he's doing a gam par basis. >> he has mo-- question remains. will the president meet with the special counsel in the investigation? and why giuliani believes it would be a perjury trap. you wouldn't accept an incomplete job from any one else. why accept it from your allergy pills? flonase relieves your worst symptoms including nasal congestion, which most pills don't. flonase helps block 6 key inflammatory substances. most pills only block one. flonase. i had a very minor fender bender tonight! in an unreasonably narrow fast food drive thru lane. but what a powerful life lesson. and don't worry i have everything handled. i already spoke to our allstate agent, and i know that we have accident forgiveness. which is so smart on your guy's part. like fact that they'll just... forgive you... four weeks without the car. okay, yup. good night. with accident forgiveness your rates won't go up just because of an accident. switching to allstate is worth it. welcome to holiday inn! thank you! ♪ ♪ wait, i have something for you! every stay is a special sta

i would like to thank doctor gerald gam, stephen smith, walter hollis sick, james clutter, john leader and gary gray from the mcconnell center who of all contributed to this series of speeches that i've made over the last few years. despite having a relatively small population in kentucky, we have produced the greatest lawmaker, henry clay. it's one of five states that can claim two majority leaders and the only state to have three majority whipps which is the number two job. -- majority whips which is the number two job. the senate has already had leaders. r time and is actually a little more than a century old. the president the president of the senate and vice president are provided for in the constitution. on paper you would think that person would be the formal leader of the senate but this is not been the case in precht this. part of the reason is because the vice president is not chosen by the senate and is not a senator. if the senate does not like the vice president it cannot on its own remove him from office. the president pro temporary authorized by the constitution is the a

. >> sports leagues have made statements committing to row tekt the integrity of games,gam, for ten boss says they want a bees of the action. >> they would like 1% of the handle. the handle is essentially all money wagered. that's an insane request. >> one day in the next few years, you might come to at&t park and find a betting window next to the team merchandise store. >> i think it's going to be a multibillion dollar market. >> venture capitalist says tech will score big. >> that one is hit to left field. >> with apps to place bets from your phone and not just on traditional sports. >> the nation of e-sport and sport betting could lead to very interesting outcomes. >> even letting spectators bet from inside their vr headsets. >> there will be people that get in too deep that don't understand what they're getting into and hopefully find their way out. >> it's all good clean fun until someone loses their life savings. >> it's difficult to make a living gambling on sportsment only about 2.3% of gamblers win over the long haul. >> in san francisco, jonathan bloom, abc 7 news. >>> the proc

when we come back i want to talk about childish gam beano and his stunnic video of "this is america."ot to say about this one. ♪ this is america ♪ now, brow impact for days. new tattoo studio brow gel from maybelline new york. just apply and blend sets in 1 minute lasts up to 2 days ...for fully defined brows maybelline's tattoo brow. only from maybelline new york. ♪ what is it? the next big thing in food was once a little paper box. now we can easily take out food from a restaurant. let's stay in and binge-watch the snow. genius. now, the next big thing is the capital one savor card. good choice babe. oh, wait, hold on. earn 3% cash back on dining, 2% on groceries, and 1% on all other purchases. what's in your wallet? what's going on? oh hey! ♪ that's it? yeah. that's it? everybody two seconds! "dear sebastian, after careful consideration of your application, it is with great pleasure that we offer our congratulations on your acceptance..." through the tuition assistance program, every day mcdonald's helps more people go to college. it's part of our commitment to being america's best

another certain topic of discussion, sports gam bling.t week's planned mark decision by supreme court allows individual states to legalize gambling on certain events. >>> bay area is certainly a beautiful place to live. you and i know this. there's a new report that two of the most spectacular landmarks in the world are here in san francisco. what are they? alcatraz and golden gate bridge, two of the top spots in the u.s. apparently. tripadvisor doing the survey. travelers love both places because of the history and breathtaking views. if you're wondering lincoln memorial in d.c. is number three. >> if you've booked a trip to las vegas next month, be prepared to clean up after your self. thousands of hotel workers could be out of a job. >> 6:30, looking live at the big board, new york stock exchange. not a lot of movement up about 5 points, now 4. 25,016. another check coming up. >>> who did this? this is not the right video. we're supposed to show you a picture of a plaque that looks nothing like the person they are commemorating. trust

and we got new revelations about the corruption of the kristi gam gucci of the swamp olympics, scottehow donald trump supporters are still doing this. [ audience chanting "drain the swamp" ] >> joining me sam seder host of the majority report podcast. jennifer rubin. conservative columnist with the "washington post." and dr. elizabeth rosenthal editor in chief of kaiser health news author of "an american sickness how health care became a big business and how you can take it back." libby, let me start with you. i think we have forgotten just how heterodox donald trump was on the subject of health sxart promises he made during the campaign versus how he's governed including today's drug decision. >> sure. he said that we should be able to negotiate drug prices at a large-scale level, and today what we saw is a proposal with 50 points turning somersaults not to allow the government to do just that. and some of the proposals are good ideas. let's put the price of prescription drugs in those ads. let consumers get some of those drug company rebates. but nothing does what every other devel

it is a bit of a gam about it that a strategy like that will play with a jury of regular folks who aren't familiar with the cultural norms of hollywood or whatever else may be going on in tinseltown. >> you have been covering this all day from manhattan. i want to ask you, cyrus vance jr.'s -- there has been an investigation in london, there has been an investigation in los angeles as well. >> the prosecutors and detectives and investigators are really been scanning the global, if you will, looking for evidence that might be useful to them in this case. one of the things that we have to point out is that this is not -- this is only the beginning of what harvey weinstein is going to go through. a special grand jury has also been convened looking into allegations regarding harvey weinstein including whether or not there might have been money that was exchanged for women's eye lens about any kind of alleged sexual misconduct he might have engaged in with them. in fact his attorney says they will decide next week whether weinstein will testify before that grand jury. in all of it, he reminded

i do not think they will be successful but remember their gam belle is not we have to show up at the table no matter what, not getting into whether they should do it or not their argument is they don't have to and they are going to essentially i think try to force this standoff to be mueller subpoenaing them. i don't think everybody around the president is convinced that mueller will. >> you know there's a whole school of thought that every single thing we've just talked about is like gobly gook to most americans, who can keep up with the threads of all of this. obviously there are news hounds, our viewers who do keep up with it and obviously we report on it every day but what real americans and voters care about are taxes and their paychecks. so yesterday, the president said good news, i have another tax cut plan. people were surprised to hear that. there were no details offered. what's that about? >> i have no idea. honestly, i don't want even want to venture a guess on that one. i'm sure there's something he's work to go push out. from anyone i have spoken to in the white house th

you've had lindsey gam come out and condemn it, joe biden has condemned this, obviously the mccain familyy mccain. it's if i am lar to the other trump-ish scandals. people all get upset but nothing ever happens. >> right. right. and that's why this continues to happen because there is zero accountability in the trump administration. and the fact that she felt comfortable enough in a room that large knowing that people leak things that she felt comfortable enough to make a statement like that, what else is being said that has not been leaked? >> yeah. >> so i think that, you know, this speaks to the larger issue. when you have an environment where it's not that trump is the only person that knows that there is no accountability, everybody who works for trump knows there is no accountability. no one is focused on jared kushner any more, he has broken every law on the book, look at scott pruitt, he continues to loot the treasury and taxpayer. nobody cares. this is part of that issue. >> last night on bill maher's show there was congressman hunter, i want to say he might be duncan hunter he's

so having a light laptop i gam. plus the battery life on the surface lives forever.s sometimes about fashion, sometimes about sprinkles. it's usually always about color. find what makes you different, because that sets you apart from everyone else. add the activia 2 week probiotic challenge to your healthy routine and see how activia yogurt with its billions of live and active probiotics may help support your digestive health so you can take on your day. text for a coupon and start the activia probiotic challenge today. >>> and good morning. it's 7:23. i'm reggie aqui from "abc7 mornings." hey, we have a heads-up for drivers heading out the door. traffic on i-680 at a crawl as crews clean up a fuel spill after a big rig accident. the truck crashed on the southbound side of the interstate near dublin boulevard around 2:00 this morning. the driver told chp he heard a loud noise. he ended up swerving into the center divide. he wasn't hurt, but his truck's fuel tank is damaged. the truck has been towed, but the fuel spill is still causing some problems. sue, is there sti

. >> gam below normaling just block out?king some investments through revolution sports radar providing assurance data transfer streaming, connecting, and players and bettors, around the world sport radar a great day yesterday, draftkings investor in moving aggressively, and -- >> yesterday, industries my family my son-in-law, another company that will be big beneficiaries so eventually, weigh in on how will this work by me and then the key will benefit because we will be able to get more revenues from sponsors a whole new group of sponsors, then eventually we will be able to turn our rights locally, into more real-time gaming and big data, analytics if you will that is what this gaming gambling is all about, i think we will do away with concept of gambling gambling to me sounds like people are 2:00 in the morning, having a mar tini rolling the dice in a casino i don't think that is what this is. >> sort of legitimize it. dagen: sports have to address that people addicted the gambling siphons money from other businesses my p