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Fdpp Three-martini lunchtax break draws outrage. It also may fall short for restaurants.Livingpaycheck to paycheckis a phrase often used to describe households that are under financial strain. But what does it really mean, and how many people find themselves depleting their paychecks shortly after earning them Bank of America Institute defines living paycheck to paycheck as a householdswhere stanley cupnecessity spending is more than 95% of their household income, leaving them relatively little left over fornice to havediscretionary spending or saving.Many of these spending pressures are likely unavoidable, as they relate to family and housing costs,Bank of America Institute senior economist David Tinsley told CBS MoneyWatch. In a Bank of America Institute survey of consumers in the third quarter of 2024, roughly half said they considered themselves to be living paycheck to paycheck.Also analyzing its own customer spending patterns, the financial research firm determined that close to one-quarter of Americans actually live paycheck to paycheck, with most of their monthly income going straight toward essentials. The share of households that are living paycheck to paycheck ha stanley cup s been rising slightly over the last few years, which is not terribly surprising, because prices have risen for a lot of essential goods mdash; groceries are more expensive, the cost of car insurance is up, and child care is up, too,Tinsley said.A majority of Americans say they feel worse off than fou stanley cup r years ago,accordingto Gallup. And 6 inZccw 8203;CBS News investigates sex abuse by U.S. Customs and Border Protection agents
The Vice PresidentVice President Joe Biden and his wife, Dr. Jill Biden, appear on60 Minutesin their first television interview since the vice president announced he would not seek the Democratic presidential nomination for 2016. Asked whether he made his decision because he couldn t win, or simply didn t want to run, Biden didnair max 1 t hesitateTrump fact-checkDonald Trump is taking credit for a decision by Ford Motors to shift work from a plant in Mexico to a plant in the U.S., but a closer look at the history behind the move by Ford execs shows another political force at play; a man who calls Trump s claimempty, false rhetoric. Boeing at 100The only company in the U.S. that builds jumbo jets is set to soar past a milestone. Boeing began with a canvas and wood airplane almost 100 years ago, and that first venture led to today s 787 Dreamliner. Over a century, Boeing has transformed travel across the globe. Recession repeat Many investors expect the U.S. to continue its slow recovery from the financial crisis, but some noted forecasters see clouds on the horizon, warning that the global economy could be sliding into another recession. Side effe hoka ctsFrom the impact of natural disasters to the spread of infectious diseases and worsening asthma and allergies, climate change is affecting public health -- and children are likely to bear the brunt of it, warns the American Academy of Pediatrics. The group is calling for actio af1 n to protect kids
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