Friday, May 17 2013 11:37 AM EDT2013-05-17 15:37:38 GMT
MANOR, TX (KEYE/CBS) – A weapons company began this week rolling out a groundbreaking "smart" rifle that can target and track a moving object from long distance. Trackingpoint began shipping the guns toMore >>
The rifle is precision guided with "lock and launch" technology similar to a fighter jet.More >>
Police are investigating two fatal shootings that left a 37-year-old man dead in Central City and a 20 -year-old man dead in the Florida area. At approximately 12:21 a.m., officers responded to a callMore >>
Police are investigating two fatal shootings that left a 37-year-old man dead in Central City and a 20 -year-old man dead in the Florida area.More >>
At the corner of Plank Rd. and Scenic Highway sits a Chevron gas station. It's off I-110 near Memorial Stadium. Around 10 p.m.Sunday, a family stopped here to get gas. "Upon our arrival, we located threeMore >>
A man said he, his wife and his daughter were all punched because they were in the "wrong neighborhood" when they stopped to get gas at night. More >>
Friday, May 17 2013 4:24 PM EDT2013-05-17 20:24:19 GMT
According to WWL-TV in New Orleans, a seventh person has been arrested in connection with the shooting at a Mother's Day second line celebration that injured 19 people.More >>
According to WWL-TV in New Orleans, a seventh person has been arrested in connection with the shooting at a Mother's Day second line celebration that injured 19 people.More >>
CINCINNATI, OH (FOX19) -
Chances are, your paycheck's getting smaller. Pres. Obama
and Republicans in Congress did not include an extension of the payroll tax cut
in their Fiscal Cliff deal last week. So now we're responsible for 6.2% of the
Social Security taxes taken out of our paychecks, rather than 4.2% like it was
for the past couple of years.
That extra 2% adds up to a lot of money. For a person making
$50,000 a year, that's an extra $1,000 they've been able to take home over the
previous 12 months.
It'll be interesting to see if Americans getting less take
home pay affects the economy. A new study
by the Federal Reserve Bank of New York shows that consumers spent 36% of the
extra money they took home when the payroll tax cut was in effect. Higher
income people went shopping. Lower income people paid down their debts.
Speaking of debt, two
professors writing in the New York Times suggest Social Security is shakier
than we've been led to believe. And critics of the payroll tax cut say
extending it this year would've just gotten the country in even more dire
financial straits.
Higher income Americans tended to spend more of the payroll tax cut by shopping
