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<v Speaker 1>You're listening to KFI AM six forty wake Up Call

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<v Speaker 1>with me Amy King on demand on the iHeartRadio.

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<v Speaker 2>App KFI and KOST HD two Los Angeles, Orange County.

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<v Speaker 3>It's time for your morning wake up call. Here's Amy King.

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<v Speaker 1>It is that time. Good morning, It's five o'clock, straight up.

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<v Speaker 1>This is your wake up call for Tuesday, April fifteenth.

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<v Speaker 1>I'm Amy King. We're live everywhere on the iHeart Radio

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<v Speaker 1>Day Radio Day on the radio app. What dasy It's Tuesday,

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<v Speaker 1>April fifteenth, tax day. Unless you live in La County,

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<v Speaker 1>we get six months. But I got my taxes done,

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<v Speaker 1>or at least I got them off to my person

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<v Speaker 1>who does my taxes, and she's like, well, I'm not

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<v Speaker 1>going to get to it until I get back from vacation. Like, okay,

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<v Speaker 1>but that's okay, it's okay, it's okay. Hey, did you

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<v Speaker 1>know that there's a six percent higher chance of being

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<v Speaker 1>killed in a car crash on tax Day?

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<v Speaker 4>Great?

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<v Speaker 1>Yeah, apparently a lot of people stressed out, So let's

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<v Speaker 1>spread a little kindness today. And if somebody is really

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<v Speaker 1>freaking out on the roads, that might be why very stressleuls.

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<v Speaker 3>So they might live in Orange County or Ventura County exactly.

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<v Speaker 1>All right, here's what's ahead on WACA call. As I mentioned,

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<v Speaker 1>for most of America, today is tax Day, but La

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<v Speaker 1>County residents get a six month reprieve because of the

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<v Speaker 1>wildfires in January. The deadline to file for La County

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<v Speaker 1>taxpayers is eighth October fifteenth. The irsays payments on any

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<v Speaker 1>outstanding tax do still has to be paid by today's deadline.

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<v Speaker 1>Movie and TV makers have continued their exodus out of La.

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<v Speaker 1>Film LA released a report yesterday showing on location production

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<v Speaker 1>of film, TV shows, and commercials declined twenty two percent

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<v Speaker 1>for the first three months of this year compared to

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<v Speaker 1>last year. A lot of productions have moved out, attracted

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<v Speaker 1>by tax credit programs outside the state. Harvard University says

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<v Speaker 1>it will not accept conditions proposed by the Trump administration

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<v Speaker 1>in order to keep its federal funding. In response to

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<v Speaker 1>federal government has frozen more than two billion dollars in

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<v Speaker 1>grants for Harvard. ABC's Peter Harra Lumbus joins us to

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<v Speaker 1>tell us more about that in about three minutes. Got

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<v Speaker 1>the latest on tariffs, who's coming to the table to

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<v Speaker 1>make a deal, who's holding back ABC's Karen Travis will

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<v Speaker 1>tell us at five twenty tens of millions have waited

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<v Speaker 1>until the last minute to file those taxes. ABC's Jim

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<v Speaker 1>Ryan has the numbers on this tax Day twenty twenty five.

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<v Speaker 1>That's at five thirty five and if I point fifty.

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<v Speaker 1>Joel Larsgard says, recession rumblings are getting stronger and with

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<v Speaker 1>that panic pre buying is a thing, but it is

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<v Speaker 1>Is it a good thing? Joel's going to tell us,

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<v Speaker 1>grab your coffee, hold on tight, We got a good

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<v Speaker 1>ride for you today. It is Tuesday. Let's get started

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<v Speaker 1>with some of the stories coming out of the KFI

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<v Speaker 1>twenty four hour newsroom. La County is out with its

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<v Speaker 1>new budget and there will be cuts.

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<v Speaker 3>The county government is in a tough financial position. It's

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<v Speaker 3>agreed to pay four billion dollars to thousands of child

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<v Speaker 3>sex abuse victims at probation facilities. The cost of the

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<v Speaker 3>January wildfires could be over a billion dollars unless money

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<v Speaker 3>is coming in. The Board of Supervisors today will take

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<v Speaker 3>up the proposed forty seven point nine billion dollar budget

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<v Speaker 3>in It County CEO Fecia Davenport has recommended a three

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<v Speaker 3>percent cut across all departments and the elimination of hundreds

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<v Speaker 3>of vacant positions. She says there will be no layoffs,

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<v Speaker 3>but some county programs could be scaled back. Michael monks

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<v Speaker 3>KFI News.

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<v Speaker 4>Really everything's doing pretty badly right now.

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<v Speaker 1>A new report shows film and TV production in LA

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<v Speaker 1>drops significantly in the first quarter of the year. Philip

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<v Speaker 1>so Kulowski with Film LA says or tells KFI there

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<v Speaker 1>have only been about fifty two hundred filming days in

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<v Speaker 1>LA so far this year. TV production has been hit

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<v Speaker 1>the hardest.

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<v Speaker 4>Well, we saw across the board slow down in film production.

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<v Speaker 4>The very worst happened in television, which fell to thirty

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<v Speaker 4>point five percent.

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<v Speaker 1>Overall production down fifty eight percent since twenty twenty one.

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<v Speaker 1>Governor Newsom has proposed a seven hundred and fifty million

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<v Speaker 1>dollars tax credit expansion to try to lure more jobs

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<v Speaker 1>back to LA. Some critics argue the costs outweigh the benefits. Well,

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<v Speaker 1>the chance is slim, but it's there. Elizabeth Cochrane with

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<v Speaker 1>the US Geological Services, following yesterday's five point two earthquake

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<v Speaker 1>in San Diego County, there is a chance of a

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<v Speaker 1>larger quake.

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<v Speaker 5>There is about a five percent chance of an earthquake

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<v Speaker 5>larger than what we had, so an earthquake of magnitude

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<v Speaker 5>five point two or larger. So anytime we have an

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<v Speaker 5>earthquake of this size, folks should just realize that there

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<v Speaker 5>is some chance of a larger earthquake occurring, so one

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<v Speaker 5>in twenty chance.

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<v Speaker 1>The quake near Julian was followed by dozens of aftershocks,

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<v Speaker 1>including a four point zero about seventy minutes or seventy

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<v Speaker 1>five minutes after the initial jolt. Only minor damage has

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<v Speaker 1>been reported. We know to drop, cover and hold when

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<v Speaker 1>in earthquake hits, thanks to groups like California Earthquake Authority,

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<v Speaker 1>but it turns out elephants already know what to do.

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<v Speaker 1>San Diego Zoo has released a video of its five

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<v Speaker 1>African elegant elephants reaction to the earthquake yesterday. After the

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<v Speaker 1>initial shaking and what appeared to be some confusion, the

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<v Speaker 1>elephants formed what's called a protective circle. It's done to

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<v Speaker 1>protect the herd and younger elephants when there's danger. They

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<v Speaker 1>stood there for about five minutes or so, and then

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<v Speaker 1>they went back to their normal routines. Pretty amazing to

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<v Speaker 1>watch though. Yeah, yeah, if you want to see it,

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<v Speaker 1>does San Diego Zoo put the video out and it's

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<v Speaker 1>it's pretty cool to watch. All right. Right now, it's

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<v Speaker 1>five seven on your wake up call. Let's say good

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<v Speaker 1>morning to ABC's Peter Haralamboos. Peter, the Trump administration has

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<v Speaker 1>said get rid of d or else, and Harvard says,

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<v Speaker 1>we'll take the or else.

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<v Speaker 6>Yeah, Harvard at this point is putting its money where

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<v Speaker 6>its mouth is. Last night, Harvard University was informed that

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<v Speaker 6>the Terms administration was actually freezing more than two billion

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<v Speaker 6>dollars and responds to this decision. It really marks the

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<v Speaker 6>first time a major college or university has decided to

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<v Speaker 6>stand up to the Trump administration. This comes after we

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<v Speaker 6>saw other schools like Columbia buckle last month.

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<v Speaker 1>Okay, so the two billion dollars, that is how much

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<v Speaker 1>is Harvard's funding And it's in grants. So is it

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<v Speaker 1>each year or is it a total?

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<v Speaker 6>So the two billion dollars is a multi year deal,

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<v Speaker 6>and you know, in total, they received more than nine

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<v Speaker 6>million dollars in grants over the next few years from

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<v Speaker 6>the federal government. This goes to support things like medical research,

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<v Speaker 6>for example, you know, Harvard is one of our leading

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<v Speaker 6>research institutions in the entire country, and they rely on

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<v Speaker 6>the federal government in many ways, so it's worth noting

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<v Speaker 6>in a unique position. While they do get a lot

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<v Speaker 6>of money from the federal government, they're also one of

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<v Speaker 6>the wealthiest colleges in the universities in the entire world.

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<v Speaker 6>They have an endowment of over fifty billion dollars. So

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<v Speaker 6>to a certain degree, they have the ability to kind

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<v Speaker 6>of take the high road here and tell the Trump

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<v Speaker 6>administration that they're going to deny these terms, whereas smaller

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<v Speaker 6>college universities that might be more dependent on the federal

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<v Speaker 6>government might not have that luxury.

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<v Speaker 1>Okay, and what, Peter are the terms specifically of what

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<v Speaker 1>the Trump administration wants Harvard to do.

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<v Speaker 6>So on Friday, the Truman administration sents Harvard a letter

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<v Speaker 6>with kind of a series of demands. They include everything

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<v Speaker 6>from changing governance so that you know, more less activist

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<v Speaker 6>professors have power, removing race based admissions for both students

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<v Speaker 6>and faculty, and even ensuring viewpoint diversity and doing audits

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<v Speaker 6>of the student bodies kind of general viewpoint to make

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<v Speaker 6>sure that it's not too liberal or at our genius,

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<v Speaker 6>So all things consider, Harvard at this point is arguing that,

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<v Speaker 6>you know, they're they've made changes to fight back and

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<v Speaker 6>anti Semitism and improve the school. But these changes recommended

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<v Speaker 6>by the Trump administration simply go too far. They violate

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<v Speaker 6>the First Amendments, and they're simply not worth taking. And

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<v Speaker 6>if it means giving up two billion dollars, it's worth

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<v Speaker 6>it for Harvard.

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<v Speaker 1>Okay. So then a question for you, Peter, being a

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<v Speaker 1>legal guy, you know, you mentioned race based admissions. Aren't

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<v Speaker 1>those illegal because of anti discrimination laws?

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<v Speaker 6>Yeah?

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<v Speaker 7>I mean that's right.

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<v Speaker 6>I mean, over the last few years, we've seen the

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<v Speaker 6>Supreme Court take a different stance when it comes to

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<v Speaker 6>affirmative action. Harvard and other schools, though, have have taken

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<v Speaker 6>kind of a unique stance and that while they're abiding

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<v Speaker 6>by those kind of decisions, they've still considered kind of

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<v Speaker 6>holistic emissions as one of their main things. So, you know,

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<v Speaker 6>while they're strictly not you know, making a decision based

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<v Speaker 6>on race or ender, they're they're considering the full picture

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<v Speaker 6>of a candidate and what makes them compelling, based on

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<v Speaker 6>kind of the hardships they might have had growing up. So,

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<v Speaker 6>you know, in a way, they're still considering them, even

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<v Speaker 6>if they're still following the letter of the law when

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<v Speaker 6>it comes to affirmative action.

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<v Speaker 1>Yeah, I know this is not a funny subject, but

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<v Speaker 1>it reminds me of l Well was there. It was Witherspoon.

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<v Speaker 5>What was the.

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<v Speaker 1>Legally Blonde?

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<v Speaker 6>It's hard?

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<v Speaker 1>Yes, what a great movie. Okay, so the cuts are are.

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<v Speaker 1>The cut in the endowments is in place. So what

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<v Speaker 1>what does Harvard do next?

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<v Speaker 6>So at this point they're in a bit of a stalemate.

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<v Speaker 6>The Trump administration can can continue applying pressure. There's more

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<v Speaker 6>money that they could theoretically threaten to freeze. We've also

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<v Speaker 6>seen a lawsuit from Harvard faculty challenging these cuts. I

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<v Speaker 6>assume you might even see a similar lawsuit from the

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<v Speaker 6>school itself challenging this move. You know, the Trump administration

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<v Speaker 6>is right and that these funds are necessarily a guarantee,

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<v Speaker 6>they're a little bit of a privilege, but there is

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<v Speaker 6>a process for canceling them. It doesn't appear that Trump

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<v Speaker 6>administration actually followed that process. So we might see a

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<v Speaker 6>legal challenge and we'll really just see what this means

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<v Speaker 6>for the didday operations for a school like Harvard and

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<v Speaker 6>if the Trump administration decides to challenge other schools we

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<v Speaker 6>had no of at least seven other major universities that

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<v Speaker 6>have had their funding threatened.

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<v Speaker 1>Okay, and I bet that those major universities will be

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<v Speaker 1>watching what happens here. ABC's Peter Harlumbo's thank you so

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<v Speaker 1>much for your time and information this morning.

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<v Speaker 6>Thanks for having me.

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<v Speaker 1>All right, let's get back to some of the stories

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<v Speaker 1>coming out of the KFI twenty four hour newsroom. Iran's

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<v Speaker 1>Supreme Leader, Ayatola Ali Hamani says nuclear talks with the

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<v Speaker 1>US went well. He says officials in his country are

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<v Speaker 1>neither radically optimistic about the talks nor radically pessimistic about them.

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<v Speaker 1>He also urged officials not to tie the country's affairs

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<v Speaker 1>to the talks, which are expected to continue this coming weekend.

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<v Speaker 1>A second US aircraft carriers up in Mid East Waters

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<v Speaker 1>ahead of those talks. The company that operated a helicopter

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<v Speaker 1>involved in a deadly crash on the East Coast is

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<v Speaker 1>going out of business.

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<v Speaker 8>The Federal Aviation Administration says, New York Helicopter Tours is

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<v Speaker 8>calling it quits. It's helicopter crash last Thursday. Six people

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<v Speaker 8>on board were killed This comes after New York Senator

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<v Speaker 8>Chuck Schumer called on the FAA to suspend the company's license.

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<v Speaker 8>Schumer is asking the FAA to conduct surprise inspections on

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<v Speaker 8>all helicopter companies in New York.

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<v Speaker 1>Deb remark KF I knew. The president of El Salvador

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<v Speaker 1>says he will not return a man to the US

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<v Speaker 1>who was deported to his home country. Could I return

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<v Speaker 1>them today?

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<v Speaker 9>That is just like I smuggle him into the United

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<v Speaker 9>States or whether it do.

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<v Speaker 5>Of course, I'm not going to do it.

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<v Speaker 1>The president and President Trump's chop advisors say they have

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<v Speaker 1>no basis for the small Central American country to return

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<v Speaker 1>the man, who was living in Maryland. Officials say kill

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<v Speaker 1>maar Abrego Garcia is a member of the notorious MS

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<v Speaker 1>thirteen gang. The Supreme Court has ordered the Trump administe

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<v Speaker 1>stration to facilitate the man's return to the US. The

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<v Speaker 1>Trump administrations continued to bar ap journalists from the Oval

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<v Speaker 1>office despite a court order saying he can't.

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<v Speaker 2>Last week, of federal court ruled the Trump administration couldn't

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<v Speaker 2>punish the Associated Press for refusing to call the Gulf

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<v Speaker 2>of Mexico the Gulf of America. As President Trump won

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<v Speaker 2>it as a First Amendment issue and must reinstate access.

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<v Speaker 2>But Monday, an AP reporter and photographer were barred from

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<v Speaker 2>a news conference with Trump and El Salvador's president. Since

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<v Speaker 2>mid February, the AP's been blocked from events in the

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<v Speaker 2>Oval Office and Air Force One. The US Court of

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<v Speaker 2>Appeals for the DC Circuit has set a Thursday hearing

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<v Speaker 2>on the matter. Mark Ronner KFI News.

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<v Speaker 1>President Trump is honored the Ohio State Buckeyes for winning

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<v Speaker 1>the college football National Championship.

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<v Speaker 10>This was a historic year in college football. Standing together today,

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<v Speaker 10>these men in the first college think of that are

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<v Speaker 10>the first college football players in history who can proudly

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<v Speaker 10>call themselves twelve team playoff championship.

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<v Speaker 1>During the ceremony yesterday, Vice President Van Nants, who went

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<v Speaker 1>to Ohio State, fumbled the national championship trophy. The base

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<v Speaker 1>fell out of his hands while someone else held the

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<v Speaker 1>actual trophy. Vans jokingly posted on social media that he

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<v Speaker 1>didn't want anyone getting the trophy after Ohio State, so

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<v Speaker 1>he just broke it. I'm thinking that that trophy wasn't

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<v Speaker 1>very well put together. Have you seen the video of

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<v Speaker 1>it just kind of comes apart. Fans love Luca. The

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<v Speaker 1>Laker is Luka Doncic, who's from Slovenia, had the top

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<v Speaker 1>selling jersey for the twenty twenty four twenty five season.

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<v Speaker 1>It's the first time an international player has topped the

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<v Speaker 1>league in Jersey sales. Steph Curry or Lebron James had

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<v Speaker 1>been top sellers since the twenty twelve thirteen season. They

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<v Speaker 1>were second and third place in Jersey sales this year.

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<v Speaker 1>Dozens of aftershocks of rattled San Diego County following a

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<v Speaker 1>magnitude five point two quake near Julian. The quake yesterday

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<v Speaker 1>just after ten am, was felt up in La and

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<v Speaker 1>Orange Counties. I got a shake alert. Did you get

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<v Speaker 1>a shake alert?

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<v Speaker 6>Yep.

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<v Speaker 1>Most of the after shocks were small, one hit of

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<v Speaker 1>four point zero. The US Geological surveyces there's a five

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<v Speaker 1>percent chance of a larger quake following yesterday's five point

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<v Speaker 1>two shaker. A bill's been introduced that would allow homeless

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<v Speaker 1>students to sleep in their cars on campus. It would

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<v Speaker 1>require universities to set up safe parking spaces on campus.

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<v Speaker 1>Democratic Assembly Member Corey Jackson says Long Beach Community College

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<v Speaker 1>set up a program like this three years ago, and

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<v Speaker 1>he wants to create programs like it all over California.

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<v Speaker 1>Former President Biden's making his first public appearance since he

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<v Speaker 1>left the White House. He's speaking tonight at the Advocates,

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<v Speaker 1>Counselors and Representatives for the Disabled Conference in Chicago. The

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<v Speaker 1>last time he was in the Windy City was for

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<v Speaker 1>the Democratic National Convention in Chicago last August. At six

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<v Speaker 1>oh five, it's handle on the news. Trump says, Nope,

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<v Speaker 1>not bringing him back. We're talking about the guy accidentally

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<v Speaker 1>swept up in an ice raid. He's in El Salvador.

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<v Speaker 1>Let's say good morning to ABC. Karen Travers. Karen on

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<v Speaker 1>the ever changing on again, off again, paused again tariffs.

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<v Speaker 1>What's the latest from the Trump team?

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<v Speaker 11>So a couple of things. The latest is the President

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<v Speaker 11>yesterday was still insisting he doesn't change his mind. He said,

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<v Speaker 11>I'm a very flexible person. I don't change my mind.

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<v Speaker 11>But he also was saying that he had spoken with

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<v Speaker 11>Apple Tim Cook about all of the TIFFs recently. And

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<v Speaker 11>this comes after over the weekend there was an exemption

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<v Speaker 11>given to some electronics products on that stiff one hundred

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<v Speaker 11>and forty five percent tariff on Chinese imports that is

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<v Speaker 11>now on pause for at least a couple of weeks

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<v Speaker 11>as the administration considers what they're going to do about that.

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<v Speaker 11>The President said they're going to shift those products into

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<v Speaker 11>a different tariff bucket, and that's likely to be under

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<v Speaker 11>the umbrella of semiconductors. And we learned last night that

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<v Speaker 11>the administration has started an investigation, if you will, into

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<v Speaker 11>a semiconductor tariff on national security grounds. They're also considering

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<v Speaker 11>a tariff on pharmaceuticals on the same reason, and essentially

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<v Speaker 11>they're looking to say, you know, we can't rely on

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<v Speaker 11>countries overseas for these critical spies. And that would likely

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<v Speaker 11>be a couple weeks to maybe a few months away,

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<v Speaker 11>but that's maybe the next big step in this ongoing process.

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<v Speaker 1>Okay. And then there's also he's been hinting about but

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<v Speaker 1>I don't think correct me if I'm wrong. I don't

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<v Speaker 1>think he's done anything about it yet. But he's been

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<v Speaker 1>hinting about putting taxes or tariffs on pharmaceuticals.

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<v Speaker 11>Yeah, he is. He's talked about this quite a bit.

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<v Speaker 11>And that's what we learned last night with this new bulletin,

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<v Speaker 11>if you will, where the administration indicated that they are

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<v Speaker 11>moving forward into an investigation into the national security grounds

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<v Speaker 11>that they could do a tariffs on pharmaceuticals. You know,

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<v Speaker 11>they'll say, like, there are components of drugs that come

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<v Speaker 11>from China, India, Ireland, other countries in Europe, and the

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<v Speaker 11>President has said that American companies here should be making

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<v Speaker 11>those components here, not just importing them and then making

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<v Speaker 11>the actual drugs here. But you know, you and I

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<v Speaker 11>might have talked about this. This is kind of similar

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<v Speaker 11>in a very broad sense that like the auto acspect too,

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<v Speaker 11>of making the things here but bringing in parts from overseas,

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<v Speaker 11>and what the President is trying to do. But experts

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<v Speaker 11>are warning that if you starts putting tariffs on the

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<v Speaker 11>components of drugs, it's going to drive up the cost

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<v Speaker 11>of something like ibuprofen and over the counter drugs.

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<v Speaker 1>And we need our ibuprofen to stay cheap because I

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<v Speaker 1>need it a lot. Okay, there you go, Karrett Travers,

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<v Speaker 1>thank you so much for the information. We'll continue to

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<v Speaker 1>watch this and of course continue to talk to you

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<v Speaker 1>to help sort it out.

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<v Speaker 12>Have a great day, all right, you too.

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<v Speaker 1>Today is the last day for people affected by the

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<v Speaker 1>wildfires and Pacific palisades and Altadena to opt in to

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<v Speaker 1>the government's free fire debris removal program. Residents have been

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<v Speaker 1>asked to file a form to either opt in or

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<v Speaker 1>opt out of the program. Those who opt out will

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<v Speaker 1>have to hire private contractors to do the removal work,

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<v Speaker 1>and they will have to pay for it. There will

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<v Speaker 1>also be required or they will be required to have

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<v Speaker 1>the debris removed, or they could have their properties declared

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<v Speaker 1>a nuisance. People who lived in areas affected by the

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<v Speaker 1>wildfires in January getting a break on filing Texas.

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<v Speaker 13>The IRS often postpones deadlines for taxpayers in areas that

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<v Speaker 13>have been hit by natural disasters, and for victims of

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<v Speaker 13>the recent wildfires, the IRS will automatically give.

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<v Speaker 1>Filing and penalty relief.

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<v Speaker 13>IRS officials say individuals and businesses must have an address

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<v Speaker 13>of record in the disaster area to qualify, and they

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<v Speaker 13>will have until October fifteenth to file and pay. Heather

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<v Speaker 13>Brooker cafe Ie.

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<v Speaker 1>News Governor Newsom has announced a special election will be

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<v Speaker 1>held August twenty sixth to replace former state Assemblyman Bill Assie.

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<v Speaker 1>He was named US Attorney for California's Central District earlier

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<v Speaker 1>this month. Assie's former assembly district includes half of Corona

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<v Speaker 1>and some surrounding parts of the Inland Empire. The son

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<v Speaker 1>of an Orange County Superior Court judge charged in the

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<v Speaker 1>shooting death of his wife in Anaheim Hills, has returned

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<v Speaker 1>to testify at his father's retrial. He was called to

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<v Speaker 1>the stand yesterday. After opening statements, prosecutors told the jury

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<v Speaker 1>judge Jeffrey Ferguson is a gun expert who'd been drinking

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<v Speaker 1>the day his wife was shot and killed in twenty

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<v Speaker 1>twenty three. Ferguson claims it was an accident. The first

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<v Speaker 1>jury deadlocked eleven to one last month in favor of conviction,

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<v Speaker 1>so a mistrial was declared and the retrial is underway.

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<v Speaker 1>LA radio personality Jed the Fish has died.

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<v Speaker 13>The LA Rock radio staple, whose real name was Edwin

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<v Speaker 13>gould Iid, was renowned for his work behind the microphone

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<v Speaker 13>for kara Q. When he was hired as an on

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<v Speaker 13>air DJ in nineteen seventy eight. He worked the afternoon

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<v Speaker 13>drive time slot until twenty twelve. His voice became synonymous

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<v Speaker 13>with alt rock and his famous interviews with artists like

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<v Speaker 13>U two, David Bowie, Elvis Costello, and Sting. His family

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<v Speaker 13>says he died from a fast spreading form of cancer

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<v Speaker 13>at his home in Pasadena.

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<v Speaker 1>He was sixty nine.

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<v Speaker 13>Heather Brooker Ko Fine News.

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<v Speaker 1>The La Urban Policy round Table says it's time the

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<v Speaker 1>city fire department did something to address the increasing number

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<v Speaker 1>of street burnings in South LA. The group's president, Earl

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<v Speaker 1>of Fari Hutchison, says there's been a rash of people

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<v Speaker 1>burning trash and combustible materials.

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<v Speaker 12>The solar fires in South LA now and whole Missing campains.

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<v Speaker 7>People are doing what they do.

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<v Speaker 1>He says. The fires are dangerous for people, homes, and businesses.

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<v Speaker 1>Egg prices are up again, just as each your Easter

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<v Speaker 1>is approaching. The average price for eggs hit a record

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<v Speaker 1>high this week, an average of six twenty three a dozen.

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<v Speaker 1>Trey Bodge, who operates a smart shopping website, says wholesale

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<v Speaker 1>egg prices have dropped, but shoppers aren't seeing it yet.

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<v Speaker 13>What we're seeing here is a lag of retailers are

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<v Speaker 13>taking a little bit of extra time unexpectedly to reduce

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<v Speaker 13>those prices for consumers.

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<v Speaker 1>Chocolate prices are also up. Some shoppers are looking for

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<v Speaker 1>Easter alternatives. They say they plan to die marshmallows and

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<v Speaker 1>wait it gets better and hide potatoes instead of eggs.

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<v Speaker 9>Oh I can't wait to find a potato sink my

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<v Speaker 9>teeth into that.

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<v Speaker 1>Oh my gosh, I haven't heard that. Ben far Okay.

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<v Speaker 1>I mentioned earlier that today is Jackie Robinson Day across

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<v Speaker 1>the country. All major league players are going to be

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<v Speaker 1>wearing the number forty two to honor the day in

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<v Speaker 1>nineteen forty seven when Jackie Robinson broke the color barrier

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<v Speaker 1>for major League baseball. They're doing a jersey giveaway at

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<v Speaker 1>Dodgers Stadium. I have one from a couple of years ago.

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<v Speaker 1>Love it. The Dodgers take on the Rockies tonight at

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<v Speaker 1>Dodgers Stadium. The first pitch goes out at seven. You

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<v Speaker 1>can listen to every play of every game on AM

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<v Speaker 1>five to seventy LA Sports Live from the Gallpin Motors

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<v Speaker 1>Broadcast Booth, and you can also stream all the games

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<v Speaker 1>in HD on the iHeartRadio app Keyword AM five to

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<v Speaker 1>seventy LA Sports. I think today is a good day

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<v Speaker 1>to watch forty two. In fact, I looked it up

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<v Speaker 1>yesterday and it is still streaming on Netflix. Chadwick Boseman

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<v Speaker 1>fabulous movie really a good one. So I think I

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<v Speaker 1>know what I'm doing this afternoon, of course, Today the

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<v Speaker 1>deadline for wildfire affected residents to opt in to the

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<v Speaker 1>US Army Corps of Engineers Free Fire Debris Removal Program.

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<v Speaker 1>Residents impacted by the fires have to file the forms

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<v Speaker 1>to either opt in or out of the US Army

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<v Speaker 1>Corps of Engineers Free Debris Removal Program. Those who opt

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<v Speaker 1>out are going to have to pay for it themselves

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<v Speaker 1>and must do the work. Thieves have stolen millions of

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<v Speaker 1>dollars worth of jewelry from a family owned jewelry store

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<v Speaker 1>in downtown, LA. Police say the burglary happened overnight Sunday.

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00:22:38.440 --> 00:22:40.920
<v Speaker 1>The son of the shop owners says the burglaries are

424
00:22:40.960 --> 00:22:43.519
<v Speaker 1>The burglars rather cut through a wall to get in

425
00:22:44.039 --> 00:22:47.000
<v Speaker 1>and then stole as much as twenty million dollars in merchandise.

426
00:22:47.559 --> 00:22:50.359
<v Speaker 1>A group of elephants that the San Diego Zoo has

427
00:22:50.480 --> 00:22:53.319
<v Speaker 1>responded to the five point two earthquake in San Diego

428
00:22:53.400 --> 00:22:57.839
<v Speaker 1>County by forming what's called a protective circle. It's done

429
00:22:57.880 --> 00:22:59.960
<v Speaker 1>to protect the herd and the young when there's day.

430
00:23:00.759 --> 00:23:03.519
<v Speaker 1>The elephant circled and it was all caught on video

431
00:23:03.640 --> 00:23:06.319
<v Speaker 1>that has been released by San Diego Zoo. The elephants

432
00:23:06.359 --> 00:23:08.640
<v Speaker 1>went back to their normal routines. A few minutes later,

433
00:23:09.000 --> 00:23:10.759
<v Speaker 1>at six oh five, it's handled on the news. The

434
00:23:10.880 --> 00:23:14.440
<v Speaker 1>US Army could soon be deployed to the US Mexico border.

435
00:23:15.039 --> 00:23:19.240
<v Speaker 1>Let's say good morning now to ABC's Jim Ryan. Dunk

436
00:23:19.319 --> 00:23:23.559
<v Speaker 1>dun dum. It's tax day for most of US.

437
00:23:24.279 --> 00:23:28.200
<v Speaker 12>I recognize that sounder, that's the taxman sounder. Yeah, done,

438
00:23:28.319 --> 00:23:31.920
<v Speaker 12>dun dun. Just three notes. I'm surprised that California is

439
00:23:32.039 --> 00:23:35.160
<v Speaker 12>known the declared disaster area and getting an automatic extension.

440
00:23:35.279 --> 00:23:39.400
<v Speaker 12>We did, we did, Oh, you did well in La, Alabama, Florida, Georgia. Oh,

441
00:23:39.519 --> 00:23:40.000
<v Speaker 12>LA County.

442
00:23:40.279 --> 00:23:42.799
<v Speaker 1>Right, so it's not the whole state, but LA County

443
00:23:42.880 --> 00:23:46.000
<v Speaker 1>got the automatic six month extensions. So taxes are technically

444
00:23:46.039 --> 00:23:47.359
<v Speaker 1>due until October fifteenth.

445
00:23:47.519 --> 00:23:50.440
<v Speaker 12>Okay, but we have a file now, sure, exactly.

446
00:23:50.640 --> 00:23:53.039
<v Speaker 1>We have our editor, Carla, who's in San Bernardino. She

447
00:23:53.119 --> 00:23:55.720
<v Speaker 1>lives in San Bernardino County, so she's done hers. So

448
00:23:56.480 --> 00:23:58.359
<v Speaker 1>just LA County gets the reprieve.

449
00:23:58.920 --> 00:24:04.160
<v Speaker 12>Gotcha. Well, let me say it, all of the North Carolina, Florida, Alabama,

450
00:24:04.200 --> 00:24:08.720
<v Speaker 12>those states which had disasters, the entire state is getting

451
00:24:08.759 --> 00:24:13.119
<v Speaker 12>this automatic extension. Procrastinators about thirty percent of US. Thirty

452
00:24:13.160 --> 00:24:15.759
<v Speaker 12>one percent of Americans have not yet filed. They're waiting

453
00:24:16.319 --> 00:24:19.759
<v Speaker 12>until today to either file their returns or to file

454
00:24:19.839 --> 00:24:22.960
<v Speaker 12>an extension if you're in a place that you have

455
00:24:23.079 --> 00:24:27.240
<v Speaker 12>to file that, but it largely depends upon where you live.

456
00:24:27.480 --> 00:24:31.960
<v Speaker 12>Procrastinating is a state by state kind of thing. Californians

457
00:24:32.000 --> 00:24:36.839
<v Speaker 12>are number thirteen on the procrastination list. Number one is Wyoming.

458
00:24:36.880 --> 00:24:40.039
<v Speaker 12>People in Wyoming tend to wait until the very day

459
00:24:40.319 --> 00:24:43.400
<v Speaker 12>or after that day, which doesn't make much sense because

460
00:24:43.440 --> 00:24:47.559
<v Speaker 12>the average refund in Wyoming is thirty seven hundred and

461
00:24:47.559 --> 00:24:51.920
<v Speaker 12>twenty dollars per tax return. I mean, that's among the

462
00:24:52.039 --> 00:24:53.880
<v Speaker 12>highest in the whole country. Yet those people put it

463
00:24:53.920 --> 00:24:55.599
<v Speaker 12>off until the last minute. Don't understand it.

464
00:24:56.119 --> 00:24:58.759
<v Speaker 1>Maybe it's because they're busy on the ranch.

465
00:25:00.160 --> 00:25:02.680
<v Speaker 12>Which and they would have a lot of ranch expenses too,

466
00:25:03.279 --> 00:25:03.799
<v Speaker 12>that's true.

467
00:25:03.960 --> 00:25:08.599
<v Speaker 1>Whatcha Yeah, that's interesting that it's different. I'm a total procrastinator,

468
00:25:08.640 --> 00:25:11.519
<v Speaker 1>although I did do my taxes, or at least I

469
00:25:11.599 --> 00:25:14.400
<v Speaker 1>got everything to my person who prepares the taxes. But

470
00:25:14.559 --> 00:25:17.240
<v Speaker 1>I've been going I'm going to do this, I'm going

471
00:25:17.279 --> 00:25:18.519
<v Speaker 1>to do this, I'm going to do this. I've been

472
00:25:18.559 --> 00:25:20.319
<v Speaker 1>saying that for about two months, and I did it

473
00:25:20.440 --> 00:25:23.680
<v Speaker 1>on Sunday because I too am a procrastinator.

474
00:25:24.240 --> 00:25:24.440
<v Speaker 7>Yeah.

475
00:25:24.920 --> 00:25:28.400
<v Speaker 12>Well, Californians also can do the free file the direct

476
00:25:28.480 --> 00:25:31.640
<v Speaker 12>file program. California is one of twenty five states where

477
00:25:31.680 --> 00:25:34.039
<v Speaker 12>that's being made available. The IRS has been rolling this

478
00:25:34.160 --> 00:25:36.480
<v Speaker 12>out for the last couple of years. So if you

479
00:25:36.880 --> 00:25:40.160
<v Speaker 12>have a fairly straightforward tax situation, you know, one W

480
00:25:40.400 --> 00:25:43.519
<v Speaker 12>two maybe two, maybe A ten ninety nine, and your

481
00:25:43.559 --> 00:25:46.640
<v Speaker 12>household income is under two hundred and fifty thousand, you

482
00:25:47.000 --> 00:25:50.240
<v Speaker 12>can use the free direct file program if you're in

483
00:25:50.400 --> 00:25:54.200
<v Speaker 12>California and twenty four other states. So yeah, I consider

484
00:25:54.240 --> 00:25:55.480
<v Speaker 12>yourselves lucky there.

485
00:25:57.440 --> 00:26:00.960
<v Speaker 1>And what are some tips to make sure that your

486
00:26:01.079 --> 00:26:03.920
<v Speaker 1>return gets processed and doesn't kind of get lost in

487
00:26:04.039 --> 00:26:05.400
<v Speaker 1>the shuffle.

488
00:26:05.880 --> 00:26:08.200
<v Speaker 12>Make sure everything is accurate, that's the main thing here.

489
00:26:08.279 --> 00:26:10.759
<v Speaker 12>Make sure all the t's are crossed, eyes are dotted,

490
00:26:10.839 --> 00:26:12.440
<v Speaker 12>and that you signed the darn thing. That's one of

491
00:26:12.480 --> 00:26:15.480
<v Speaker 12>the main reasons they get kicked back, either if they're

492
00:26:15.480 --> 00:26:18.720
<v Speaker 12>filed electronically or whether you send in a paper return.

493
00:26:19.720 --> 00:26:21.640
<v Speaker 12>It wasn't signed and so they're going to kick that

494
00:26:21.759 --> 00:26:24.640
<v Speaker 12>thing back. So just make sure that everything is accurate.

495
00:26:24.799 --> 00:26:28.559
<v Speaker 12>Check your math, check your the return against your W

496
00:26:28.799 --> 00:26:31.400
<v Speaker 12>two make sure it's all accurate. So, I mean that's

497
00:26:31.440 --> 00:26:34.839
<v Speaker 12>the best way to ensure that you don't face delays,

498
00:26:34.880 --> 00:26:37.359
<v Speaker 12>because there are likely to be delays this year. Amy

499
00:26:38.200 --> 00:26:43.319
<v Speaker 12>consider the DOGE cuts into IRS payroll. There they're staffing

500
00:26:43.799 --> 00:26:46.119
<v Speaker 12>and staffing levels have been low with the IRS for

501
00:26:46.200 --> 00:26:49.519
<v Speaker 12>some time. The computers are kind of clunky and broken down,

502
00:26:49.680 --> 00:26:52.799
<v Speaker 12>so there may be delays. But don't think that just

503
00:26:52.920 --> 00:26:56.720
<v Speaker 12>because you have fewer IRS auditors on staff that you're

504
00:26:56.759 --> 00:26:58.880
<v Speaker 12>not getting get audited if you don't send in a

505
00:26:58.960 --> 00:27:01.960
<v Speaker 12>return or you do something funny on your on the

506
00:27:02.039 --> 00:27:04.160
<v Speaker 12>return that you do send in, because if you do

507
00:27:04.279 --> 00:27:06.920
<v Speaker 12>get caught, I mean, there are serious consequences. Not only

508
00:27:07.119 --> 00:27:09.960
<v Speaker 12>do you owe the taxes that you owed before, and

509
00:27:10.039 --> 00:27:11.759
<v Speaker 12>there are may V fees on top of that, there

510
00:27:11.839 --> 00:27:15.880
<v Speaker 12>could be potential criminal charges brought against you. So just

511
00:27:15.960 --> 00:27:18.400
<v Speaker 12>be very careful about that, all right, all.

512
00:27:18.359 --> 00:27:21.160
<v Speaker 1>Right, So do it once, do it right. It's not

513
00:27:21.240 --> 00:27:22.119
<v Speaker 1>worth the risk, right.

514
00:27:22.119 --> 00:27:23.319
<v Speaker 12>Raise or twice cut once?

515
00:27:23.519 --> 00:27:28.160
<v Speaker 1>Accellent? Absolutely, are your taxes done? Yes, very good, of

516
00:27:28.279 --> 00:27:31.200
<v Speaker 1>course they are. Jim Ryan mister reliable.

517
00:27:33.480 --> 00:27:35.680
<v Speaker 12>Plus I was getting a little refund back too, so.

518
00:27:36.000 --> 00:27:38.240
<v Speaker 1>That always helps that always helps. All right, we seize

519
00:27:38.279 --> 00:27:40.680
<v Speaker 1>Jim Ryan, thank you so much. We'll talk to you soon.

520
00:27:41.720 --> 00:27:44.599
<v Speaker 1>Time to get in your business now with Bloomberg's Scott Carr,

521
00:27:44.640 --> 00:27:47.440
<v Speaker 1>who's in for Courtney Donaho this week. So Scott, we're

522
00:27:47.559 --> 00:27:49.759
<v Speaker 1>expecting prices on a lot of things to go higher

523
00:27:49.799 --> 00:27:51.799
<v Speaker 1>because of tariffs and all that. But I didn't think

524
00:27:51.839 --> 00:27:53.200
<v Speaker 1>of this one. Tomatoes.

525
00:27:54.279 --> 00:27:57.400
<v Speaker 7>Yeah, good morning, Amy. This report sponsored by Total Wine

526
00:27:57.440 --> 00:27:59.960
<v Speaker 7>and more. If you notice the costs that tomatoes going up,

527
00:28:00.119 --> 00:28:03.440
<v Speaker 7>here's why. A lot of tomatoes come from Mexico, and

528
00:28:03.519 --> 00:28:05.759
<v Speaker 7>the US commerce departments they got plans now for a

529
00:28:05.839 --> 00:28:09.720
<v Speaker 7>new nearly twenty one percent tariff on most tomato shipments

530
00:28:09.839 --> 00:28:12.880
<v Speaker 7>from Mexico and that is set to start in mid July.

531
00:28:14.240 --> 00:28:16.319
<v Speaker 1>So we have some time. Eat a lot of tomatoes

532
00:28:16.400 --> 00:28:16.680
<v Speaker 1>right now.

533
00:28:17.599 --> 00:28:19.559
<v Speaker 7>Yeah, buy them up. Wish you could freeze them.

534
00:28:20.319 --> 00:28:22.079
<v Speaker 1>I know, well you can make sauce out of them.

535
00:28:22.599 --> 00:28:24.400
<v Speaker 1>My friend makes them being costa sauce.

536
00:28:25.200 --> 00:28:27.079
<v Speaker 7>There's some taking outside the box, all right.

537
00:28:27.839 --> 00:28:31.839
<v Speaker 1>Are there other vegetables that we're expecting to see hikes on?

538
00:28:32.880 --> 00:28:37.720
<v Speaker 7>Well, not in particular is being targeted, but the price

539
00:28:37.799 --> 00:28:41.200
<v Speaker 7>of spices. The Spice Conference, one of the big spice Conferences.

540
00:28:41.319 --> 00:28:44.039
<v Speaker 7>Trade Conference has just had their big annual meeting. In

541
00:28:44.200 --> 00:28:46.759
<v Speaker 7>the talk of the whole conference was the new tariffs,

542
00:28:46.799 --> 00:28:49.160
<v Speaker 7>because that's going to hit the cost of a lot

543
00:28:49.359 --> 00:28:53.559
<v Speaker 7>of spice ingredients, especially from China, and spices, as you know,

544
00:28:53.640 --> 00:28:56.119
<v Speaker 7>are used in just about everything in the grocery store.

545
00:28:56.720 --> 00:28:59.359
<v Speaker 1>That's that is right, So some China, and I would

546
00:28:59.400 --> 00:29:02.440
<v Speaker 1>imagine where else de spices like from India? Would I

547
00:29:02.440 --> 00:29:03.319
<v Speaker 1>would imagine as.

548
00:29:03.200 --> 00:29:04.920
<v Speaker 7>A very India. Sure.

549
00:29:05.200 --> 00:29:05.400
<v Speaker 4>Yeah.

550
00:29:05.480 --> 00:29:08.799
<v Speaker 7>The largest producer of cinnamon in the world, I believe

551
00:29:08.880 --> 00:29:09.559
<v Speaker 7>is Vietnam.

552
00:29:11.799 --> 00:29:14.160
<v Speaker 1>All right, well, we'll be watching I think. Isn't Vietnam

553
00:29:14.240 --> 00:29:16.440
<v Speaker 1>at the table with the US right now?

554
00:29:16.519 --> 00:29:18.200
<v Speaker 2>We'll see they are?

555
00:29:18.680 --> 00:29:20.839
<v Speaker 7>They are, and we should mention it that if you're

556
00:29:20.880 --> 00:29:23.759
<v Speaker 7>skipping the coloring of Easter eggs this year, Amy, because

557
00:29:23.799 --> 00:29:26.799
<v Speaker 7>their prices are so extravagant, well you're not alone. A

558
00:29:26.880 --> 00:29:29.720
<v Speaker 7>new survey from wattub this morning shows I had to

559
00:29:29.759 --> 00:29:32.240
<v Speaker 7>get it in there, shows about forty seven percent of

560
00:29:32.319 --> 00:29:34.759
<v Speaker 7>Americans say they're going to pass over. There's another pun

561
00:29:34.839 --> 00:29:37.480
<v Speaker 7>for you that pass over the tradition this year. It

562
00:29:37.559 --> 00:29:40.440
<v Speaker 7>shows we were already spending a chunk of change on Easter,

563
00:29:40.519 --> 00:29:43.240
<v Speaker 7>about one hundred and eighty nine dollars they estimate per

564
00:29:43.359 --> 00:29:47.559
<v Speaker 7>person on average, and amy to wrap things up, future

565
00:29:47.640 --> 00:29:50.000
<v Speaker 7>is all pointing lower. The down features are down one

566
00:29:50.079 --> 00:29:51.079
<v Speaker 7>hundred and twenty points.

567
00:29:51.680 --> 00:29:54.920
<v Speaker 1>Wow. Okay, and we had but we had an update yesterday.

568
00:29:56.079 --> 00:29:58.279
<v Speaker 1>We did okay, so we'll see if we can get

569
00:29:58.319 --> 00:30:01.480
<v Speaker 1>back into positive territory today. Getting in your business with

570
00:30:01.519 --> 00:30:03.720
<v Speaker 1>Bloomberg Scott car Thanks so much. We'll talk to you

571
00:30:03.759 --> 00:30:04.680
<v Speaker 1>again tomorrow morning.

572
00:30:05.599 --> 00:30:06.160
<v Speaker 7>Have a good day.

573
00:30:06.440 --> 00:30:08.519
<v Speaker 1>We do get in your business every day at five

574
00:30:08.640 --> 00:30:11.279
<v Speaker 1>forty am. Something to look forward to. I always love

575
00:30:11.720 --> 00:30:13.880
<v Speaker 1>I love the little business nuggets that we get on

576
00:30:14.000 --> 00:30:16.039
<v Speaker 1>this Let's get back to some of the stories coming

577
00:30:16.039 --> 00:30:17.880
<v Speaker 1>out of the KFI twenty four our newsroom. Some one

578
00:30:18.000 --> 00:30:20.400
<v Speaker 1>hundred year old homes in LA blocked off from the

579
00:30:20.440 --> 00:30:23.039
<v Speaker 1>public for decades now have a special designation.

580
00:30:23.240 --> 00:30:25.759
<v Speaker 3>The Maycrest Bungalows and El Serrento have been fenced off

581
00:30:25.839 --> 00:30:28.599
<v Speaker 3>since nineteen ninety one. Cal Trans planned to tear them

582
00:30:28.640 --> 00:30:31.799
<v Speaker 3>down to expand the seven ten Freeway. The LA Conservancies

583
00:30:31.880 --> 00:30:34.960
<v Speaker 3>Lindsay Mulkay He says the eight Tutor Revival style homes

584
00:30:35.039 --> 00:30:35.880
<v Speaker 3>could teach us a lesson.

585
00:30:36.000 --> 00:30:39.759
<v Speaker 11>Bungalow courts were created to respond to a housing crisis

586
00:30:40.400 --> 00:30:43.519
<v Speaker 11>and to help connect neighbors and to make people feel

587
00:30:43.599 --> 00:30:45.799
<v Speaker 11>like they had a sense of community even if their

588
00:30:45.839 --> 00:30:46.799
<v Speaker 11>housing was smaller.

589
00:30:47.039 --> 00:30:50.400
<v Speaker 3>La City Council has approved a Historic Cultural Landmark designation

590
00:30:50.519 --> 00:30:54.200
<v Speaker 3>for the bungalows, preserving them. Michael Monks KFI News.

591
00:30:54.720 --> 00:30:57.759
<v Speaker 1>A criminal case has been dismissed against a former LAPED

592
00:30:57.920 --> 00:31:01.720
<v Speaker 1>officer who touched a dead woman's while on duty. David

593
00:31:01.839 --> 00:31:04.440
<v Speaker 1>Rojas testified in twenty twenty one that he did it

594
00:31:04.559 --> 00:31:07.319
<v Speaker 1>as part of an investigation into her death. He denied

595
00:31:07.359 --> 00:31:10.519
<v Speaker 1>it was sexual or meant to humiliate or degrade the

596
00:31:10.599 --> 00:31:14.319
<v Speaker 1>dead woman. The judge yesterday noted that Rojas has complied

597
00:31:14.400 --> 00:31:17.160
<v Speaker 1>with everything asked of him and has successfully completed an

598
00:31:17.240 --> 00:31:27.200
<v Speaker 1>eighteen month judicial diversion program. Rolling Stones lead singer Mick

599
00:31:27.319 --> 00:31:31.559
<v Speaker 1>Jaggers getting married again. He's engaged to his longtime girlfriend

600
00:31:31.640 --> 00:31:35.160
<v Speaker 1>Melanie Hamrick. She told a French magazine that Jagger proposed

601
00:31:35.319 --> 00:31:37.920
<v Speaker 1>two or three years ago, but they just went public

602
00:31:38.039 --> 00:31:41.799
<v Speaker 1>with it. Hamrick is thirty seven, Jaggers eighty two. This

603
00:31:41.880 --> 00:31:46.240
<v Speaker 1>would be his second marriage and they've already been engaged

604
00:31:46.279 --> 00:31:49.240
<v Speaker 1>for two to three years. I think maybe it's time to,

605
00:31:49.440 --> 00:31:52.559
<v Speaker 1>you know, pull the trigger on that one mick. Eighty

606
00:31:52.680 --> 00:31:56.240
<v Speaker 1>nine million dollars in cuts are included in La County's

607
00:31:56.279 --> 00:32:00.319
<v Speaker 1>twenty twenty five proposed budget. The CEO of La County

608
00:32:00.359 --> 00:32:02.960
<v Speaker 1>said it does not include personnel cuts, but more than

609
00:32:03.000 --> 00:32:06.519
<v Speaker 1>three hundred vacant jobs are going to be eliminated. County

610
00:32:06.519 --> 00:32:08.319
<v Speaker 1>Commissioner is going to get a first look at it today.

611
00:32:08.680 --> 00:32:12.799
<v Speaker 1>After county tests found elevated levels of lead in soil

612
00:32:13.240 --> 00:32:16.039
<v Speaker 1>in and near the Eton Fire burn area. The Board

613
00:32:16.079 --> 00:32:19.000
<v Speaker 1>of Supervisors is going to consider emotion today to allegate

614
00:32:19.359 --> 00:32:22.799
<v Speaker 1>three million dollars to help affected property owners do more

615
00:32:22.960 --> 00:32:26.440
<v Speaker 1>detailed testing. Apparently there's a lot of lead there because

616
00:32:26.880 --> 00:32:30.759
<v Speaker 1>homes built before nineteen seventy nine had lead based paint.

617
00:32:31.440 --> 00:32:33.240
<v Speaker 1>All Major League players are going to be wearing the

618
00:32:33.359 --> 00:32:37.640
<v Speaker 1>number forty two today. It's Jackie Robinson Day, which marks

619
00:32:37.680 --> 00:32:40.480
<v Speaker 1>the day in nineteen forty seven Robinson debuted with the

620
00:32:40.519 --> 00:32:44.720
<v Speaker 1>Brooklyn Dodgers, breaking baseball's color barrier. Players, managers, coaches, and

621
00:32:44.799 --> 00:32:47.680
<v Speaker 1>umpires will also wear a special number forty two patch

622
00:32:47.880 --> 00:32:50.240
<v Speaker 1>on their caps. Today. We're just minutes away from a

623
00:32:50.279 --> 00:32:54.200
<v Speaker 1>handle on the news. Honda says it's headed north and

624
00:32:54.440 --> 00:32:57.480
<v Speaker 1>south to avoid tariffs. Bill's going to tell you about that.

625
00:32:58.680 --> 00:33:00.759
<v Speaker 1>Let's say, good morning now to the Most of Money

626
00:33:00.880 --> 00:33:03.519
<v Speaker 1>on KFI. It's Joel lars Guard.

627
00:33:03.599 --> 00:33:05.400
<v Speaker 9>Good morning, Joel, morning Amy.

628
00:33:05.640 --> 00:33:11.359
<v Speaker 1>So the recession rumblings are getting a little louder. What's

629
00:33:11.440 --> 00:33:13.400
<v Speaker 1>the latest and how do we get ready for it?

630
00:33:14.119 --> 00:33:17.240
<v Speaker 14>Yeah, I mean, it's one of those words that gets

631
00:33:17.240 --> 00:33:19.119
<v Speaker 14>thrown around and people see it in headlines they start

632
00:33:19.279 --> 00:33:23.279
<v Speaker 14>freaking out a little bit. And interestingly enough that Golden

633
00:33:23.359 --> 00:33:27.200
<v Speaker 14>Sacks increased its recession odds twice in one week, so

634
00:33:27.400 --> 00:33:30.880
<v Speaker 14>different you know, different financial firms are saying, hey, it's

635
00:33:30.920 --> 00:33:33.519
<v Speaker 14>more likely, just just like putting this red flag up

636
00:33:33.559 --> 00:33:35.480
<v Speaker 14>in the air, let you know. And the truth is

637
00:33:35.559 --> 00:33:38.119
<v Speaker 14>it is more likely, right because of some of the

638
00:33:38.880 --> 00:33:42.880
<v Speaker 14>governmental policy we've seen, specifically tariffs, the likelihood that that

639
00:33:43.440 --> 00:33:48.000
<v Speaker 14>hurts businesses and increases inflation. So, yes, the odds of

640
00:33:48.039 --> 00:33:50.720
<v Speaker 14>our session just have gone up. Clearly, will we experience

641
00:33:50.720 --> 00:33:52.480
<v Speaker 14>the recession? Are we potentially in one?

642
00:33:52.559 --> 00:33:52.839
<v Speaker 7>Right now?

643
00:33:53.720 --> 00:33:57.200
<v Speaker 14>Maybe the truth is too that recessions happen when you

644
00:33:57.240 --> 00:33:59.240
<v Speaker 14>look at the data something like every six and a

645
00:33:59.240 --> 00:34:00.960
<v Speaker 14>half to seven years, So it's not one of those

646
00:34:01.039 --> 00:34:03.200
<v Speaker 14>things where it's like this is a once in a

647
00:34:03.279 --> 00:34:06.240
<v Speaker 14>lifetime sort of thing. Recessions are kind of part of

648
00:34:06.839 --> 00:34:11.400
<v Speaker 14>how the economic climate and how economies work, So recessions

649
00:34:11.519 --> 00:34:13.920
<v Speaker 14>also shouldn't be this thing that just freaks you out

650
00:34:14.239 --> 00:34:16.079
<v Speaker 14>to no end. But there are certain things that I

651
00:34:16.159 --> 00:34:19.639
<v Speaker 14>want people to do in advance of a potential recession,

652
00:34:19.679 --> 00:34:24.079
<v Speaker 14>and just kind of personal finance hygiene in general, Like

653
00:34:24.599 --> 00:34:25.519
<v Speaker 14>the emergency fund.

654
00:34:25.639 --> 00:34:26.480
<v Speaker 6>That's a huge one.

655
00:34:26.639 --> 00:34:29.119
<v Speaker 14>Especially right now. Some people, and we can talk about

656
00:34:29.119 --> 00:34:31.400
<v Speaker 14>this too, are like pre buying more stuff because they're

657
00:34:31.400 --> 00:34:34.079
<v Speaker 14>worried about prices going up. I see the wisdom in that,

658
00:34:34.320 --> 00:34:36.800
<v Speaker 14>maybe in small bits and pieces for certain things that

659
00:34:36.840 --> 00:34:39.880
<v Speaker 14>you were going to buy anyway. But having if it

660
00:34:39.960 --> 00:34:42.920
<v Speaker 14>means eliminating some of that all important emergency fund and

661
00:34:43.000 --> 00:34:45.079
<v Speaker 14>not having as much in cash, well, if you lose

662
00:34:45.119 --> 00:34:47.199
<v Speaker 14>your job, you can't eat the stuff you just bought.

663
00:34:47.239 --> 00:34:48.800
<v Speaker 14>So I want you to make sure that you have

664
00:34:48.960 --> 00:34:51.639
<v Speaker 14>a really solid emergency fund, at least that three to

665
00:34:51.760 --> 00:34:55.440
<v Speaker 14>six months of expenses stashed in a liquid savings account.

666
00:34:55.840 --> 00:35:00.280
<v Speaker 1>Okay, and that doesn't count for like a what are

667
00:35:00.320 --> 00:35:05.000
<v Speaker 1>those short term things like a three month and six

668
00:35:05.119 --> 00:35:07.639
<v Speaker 1>month that you can't get a CD. Yeah, you can't

669
00:35:07.639 --> 00:35:09.159
<v Speaker 1>get your hands on it. For a few months, or

670
00:35:09.239 --> 00:35:11.960
<v Speaker 1>can you do that one? And if you have to

671
00:35:12.039 --> 00:35:14.119
<v Speaker 1>tap into it, you can you can.

672
00:35:14.760 --> 00:35:16.840
<v Speaker 14>Here's the thing I think, don't put money in a

673
00:35:16.920 --> 00:35:20.079
<v Speaker 14>CD that you might need. Right So, a CD can

674
00:35:20.159 --> 00:35:22.679
<v Speaker 14>be a great place for like medium term savings, but

675
00:35:22.800 --> 00:35:24.599
<v Speaker 14>when it comes to that emergency fund, you probably don't

676
00:35:24.679 --> 00:35:26.519
<v Speaker 14>want that in a CD. And if you have to

677
00:35:26.559 --> 00:35:28.280
<v Speaker 14>tap it early, it means you're going to give up

678
00:35:28.280 --> 00:35:29.559
<v Speaker 14>some of that interest. You would have been better in

679
00:35:29.559 --> 00:35:32.119
<v Speaker 14>a high old savings account with one of my favorite banks. Anyway,

680
00:35:32.880 --> 00:35:35.000
<v Speaker 14>something else I want people to do in advance of

681
00:35:35.039 --> 00:35:36.920
<v Speaker 14>a recession. I just want people to do this anyway,

682
00:35:37.320 --> 00:35:39.480
<v Speaker 14>is create something that I call a bare bones budget.

683
00:35:39.960 --> 00:35:44.639
<v Speaker 14>And it's essentially a budget that boils down what you

684
00:35:45.119 --> 00:35:47.960
<v Speaker 14>could get by on every single month. So it's the

685
00:35:48.079 --> 00:35:51.039
<v Speaker 14>bear essentials and nothing more. And I don't want people

686
00:35:51.119 --> 00:35:54.119
<v Speaker 14>to live on a bare bones budget in perpetuity. But

687
00:35:54.280 --> 00:35:56.079
<v Speaker 14>let's say you do lose your job or something comes

688
00:35:56.119 --> 00:35:57.880
<v Speaker 14>down the pike. The fact that you have created this

689
00:35:57.960 --> 00:36:00.079
<v Speaker 14>barbones budget and you know what you can cut and

690
00:36:00.119 --> 00:36:02.760
<v Speaker 14>you can kind of start to pair back almost immediately,

691
00:36:03.280 --> 00:36:07.559
<v Speaker 14>that just creates not only a financial backstop, but in

692
00:36:07.679 --> 00:36:10.480
<v Speaker 14>some resiliency. But it also just helps you to realize that,

693
00:36:10.519 --> 00:36:12.760
<v Speaker 14>wait a second, maybe I am spending more than I

694
00:36:12.840 --> 00:36:17.440
<v Speaker 14>thought on some extra luxury items that I don't necessarily

695
00:36:17.480 --> 00:36:19.880
<v Speaker 14>have to have, and so to think that barebones budget

696
00:36:20.000 --> 00:36:23.639
<v Speaker 14>in addition to the three to six months worth of expenses,

697
00:36:23.960 --> 00:36:26.239
<v Speaker 14>and some financial folks out there are saying, oh, no,

698
00:36:26.360 --> 00:36:29.239
<v Speaker 14>you need twelve months worth of expenses. I think that's

699
00:36:29.360 --> 00:36:32.000
<v Speaker 14>just too much. I think most people one can't have

700
00:36:32.079 --> 00:36:34.199
<v Speaker 14>a hard time saving up that much. And then two,

701
00:36:34.440 --> 00:36:36.719
<v Speaker 14>that's overkill for most people when it comes to cash

702
00:36:36.760 --> 00:36:38.760
<v Speaker 14>on hand. But if you have those two things in order,

703
00:36:38.840 --> 00:36:41.920
<v Speaker 14>it's going to help you with if we do encounter

704
00:36:42.039 --> 00:36:43.519
<v Speaker 14>more trying financial times.

705
00:36:43.719 --> 00:36:46.840
<v Speaker 1>Okay, So the two takeaways is get that bare bones budget,

706
00:36:46.960 --> 00:36:50.679
<v Speaker 1>sit down, put the numbers down, figure it out so

707
00:36:50.840 --> 00:36:53.280
<v Speaker 1>you know, because that gives you power. Knowing what you

708
00:36:53.400 --> 00:36:55.400
<v Speaker 1>have gives you power. And then the other thing is

709
00:36:55.880 --> 00:36:58.360
<v Speaker 1>start stashing your cash because you want to build up

710
00:36:58.440 --> 00:37:02.639
<v Speaker 1>that emergency fund that's right, just in case we might

711
00:37:02.719 --> 00:37:03.559
<v Speaker 1>not have a recession.

712
00:37:04.840 --> 00:37:06.679
<v Speaker 14>And that's the thing too, like we really might not.

713
00:37:06.880 --> 00:37:09.599
<v Speaker 14>And the other thing is a personal recession can happen

714
00:37:09.599 --> 00:37:11.119
<v Speaker 14>at any time. This is something I want people to

715
00:37:11.159 --> 00:37:13.679
<v Speaker 14>be well aware of whether it's some sort of medical

716
00:37:13.800 --> 00:37:16.719
<v Speaker 14>emergency or it's Hey, I just work in a sector

717
00:37:16.840 --> 00:37:19.079
<v Speaker 14>that had a tough time. The American economy is booming

718
00:37:19.400 --> 00:37:23.199
<v Speaker 14>unemployments of four percent, but my personal job took a

719
00:37:23.280 --> 00:37:26.719
<v Speaker 14>hit and I lost that, right, So there's always the

720
00:37:26.800 --> 00:37:31.119
<v Speaker 14>potential for personal financial difficulties even when the economy as

721
00:37:31.119 --> 00:37:33.000
<v Speaker 14>a whole is doing well. So I think that's why

722
00:37:33.039 --> 00:37:35.159
<v Speaker 14>I call this like personal finance hygiene. I want people

723
00:37:35.199 --> 00:37:38.519
<v Speaker 14>to practice these things anyway, because hey, even if the

724
00:37:38.880 --> 00:37:42.559
<v Speaker 14>economy as a whole is crushing, there's always the potential,

725
00:37:42.880 --> 00:37:45.800
<v Speaker 14>right that your personal life experiences some sort of recession

726
00:37:46.119 --> 00:37:48.360
<v Speaker 14>that the other the rest of the economy isn't feeling

727
00:37:48.639 --> 00:37:49.039
<v Speaker 14>all right.

728
00:37:49.519 --> 00:37:52.440
<v Speaker 1>See great advice as always, and you can hear more

729
00:37:52.800 --> 00:37:55.840
<v Speaker 1>great advice just like this and a whole lot more

730
00:37:56.239 --> 00:37:58.800
<v Speaker 1>every Sunday from noon to two on how to Money

731
00:37:58.880 --> 00:38:01.119
<v Speaker 1>with our very own Jewel Lars Guard. You can follow

732
00:38:01.199 --> 00:38:04.320
<v Speaker 1>Joel at how to Money. Thank you so much for

733
00:38:04.440 --> 00:38:05.239
<v Speaker 1>this great information.

734
00:38:05.400 --> 00:38:07.119
<v Speaker 9>Joel got it Amy, Thank.

735
00:38:07.000 --> 00:38:08.599
<v Speaker 1>You all Right. Before we get out of here, I

736
00:38:08.679 --> 00:38:10.639
<v Speaker 1>got to talk about the girls in space, just for

737
00:38:13.679 --> 00:38:18.119
<v Speaker 1>so we know that the six women took a ride

738
00:38:18.360 --> 00:38:21.719
<v Speaker 1>on a rocket yesterday, a Blue Origin rocket and it

739
00:38:21.960 --> 00:38:26.039
<v Speaker 1>was Katie Perry and Gail King and Jeff Bezos's fiance

740
00:38:26.400 --> 00:38:29.199
<v Speaker 1>and then like a rocket scientist and a couple other

741
00:38:29.360 --> 00:38:32.519
<v Speaker 1>legit people. I got to just say this first of all,

742
00:38:33.679 --> 00:38:37.320
<v Speaker 1>cool that they got to do it. What an amazing experience.

743
00:38:38.280 --> 00:38:42.679
<v Speaker 1>It's sort of like, uh, I don't know, maybe Guardians

744
00:38:42.719 --> 00:38:45.760
<v Speaker 1>of the Galaxy times a billion, right, like a really

745
00:38:45.880 --> 00:38:51.920
<v Speaker 1>cool ride. What I'm grumpy about on this is that

746
00:38:52.800 --> 00:38:55.960
<v Speaker 1>they're talking like they did something historic. Yes, they were

747
00:38:56.000 --> 00:39:01.519
<v Speaker 1>all women. Good for them. They didn't do anything. They

748
00:39:01.639 --> 00:39:04.119
<v Speaker 1>took a ride on a rocket and they spent three

749
00:39:04.239 --> 00:39:07.920
<v Speaker 1>minutes in weightlessness, which super cool. I wish we could

750
00:39:07.960 --> 00:39:11.159
<v Speaker 1>all do it. The reality is we can't because it

751
00:39:11.280 --> 00:39:14.039
<v Speaker 1>costs probably a couple I don't know, it costs at

752
00:39:14.079 --> 00:39:16.320
<v Speaker 1>least millions of dollars to do that launch, right? And

753
00:39:16.719 --> 00:39:20.400
<v Speaker 1>did they pay for it? Maybe Jeff Bezos paid for

754
00:39:20.519 --> 00:39:22.639
<v Speaker 1>it because his girlfriend or his fiance was going up.

755
00:39:22.679 --> 00:39:27.440
<v Speaker 1>I mean, like, so again, I don't disrespect them for

756
00:39:27.559 --> 00:39:31.400
<v Speaker 1>doing it. I think it was and amazing opportunity, but

757
00:39:31.679 --> 00:39:35.320
<v Speaker 1>come on, both Gail King and Katy Perry kissed the

758
00:39:35.400 --> 00:39:38.679
<v Speaker 1>ground when they got back they were gone for ten minutes.

759
00:39:39.239 --> 00:39:41.920
<v Speaker 1>And then Gail's talking about it, of course on CBS Mornings,

760
00:39:41.960 --> 00:39:44.880
<v Speaker 1>as she should, because what a cool experience. But then

761
00:39:44.960 --> 00:39:48.320
<v Speaker 1>she said, oh, reuniting with my friends and family, who

762
00:39:48.400 --> 00:39:50.400
<v Speaker 1>were all wearing yellow when we got back to Earth

763
00:39:50.559 --> 00:39:55.400
<v Speaker 1>was the best part. You were gone for ten minutes.

764
00:39:57.239 --> 00:40:02.119
<v Speaker 9>Gail King felt pain from what returning? She said, she

765
00:40:02.199 --> 00:40:03.960
<v Speaker 9>felt pain like.

766
00:40:04.079 --> 00:40:06.760
<v Speaker 1>So it was painful to return to the earth, like

767
00:40:06.840 --> 00:40:07.719
<v Speaker 1>in her heart.

768
00:40:07.880 --> 00:40:11.280
<v Speaker 9>Like on the ride back. Oh well, probably bumpy. So

769
00:40:13.519 --> 00:40:16.000
<v Speaker 9>you guys are just downplaying how important.

770
00:40:15.639 --> 00:40:18.800
<v Speaker 1>This is, how important this is, how significant it is

771
00:40:18.960 --> 00:40:19.840
<v Speaker 1>that girls took.

772
00:40:19.719 --> 00:40:21.000
<v Speaker 9>A ride women.

773
00:40:22.119 --> 00:40:26.000
<v Speaker 1>Okay, what about Sonny Williams who just spent nine months

774
00:40:26.079 --> 00:40:27.320
<v Speaker 1>on the International.

775
00:40:26.840 --> 00:40:28.639
<v Speaker 6>Space with her?

776
00:40:30.199 --> 00:40:34.480
<v Speaker 1>Oh my gosh, are you Bill Handle? Are you channeling

777
00:40:34.599 --> 00:40:38.639
<v Speaker 1>Bill Handle right now? All right? Anyway, I think it's

778
00:40:38.719 --> 00:40:40.480
<v Speaker 1>great that they got to a ride to go on

779
00:40:40.559 --> 00:40:43.880
<v Speaker 1>a ride. But ladies, you didn't change the world. I'm sorry,

780
00:40:44.880 --> 00:40:47.760
<v Speaker 1>I'm you just didn't. But you did a very cool thing,

781
00:40:48.599 --> 00:40:52.320
<v Speaker 1>all right. This is KFI and kost HD to Los Angeles,

782
00:40:52.400 --> 00:40:57.159
<v Speaker 1>Orange County, Southland. Weather from KFI, Uh, drizzle possible this morning, uh,

783
00:40:57.199 --> 00:40:59.800
<v Speaker 1>partly cloudy this afternoon. Hopefully it's going to be like yesterday,

784
00:40:59.800 --> 00:41:01.760
<v Speaker 1>which it turned out to be a gorgeous day. Highs

785
00:41:01.760 --> 00:41:04.039
<v Speaker 1>will be in the low sixties at the Beach's sixties

786
00:41:04.079 --> 00:41:06.840
<v Speaker 1>to about seventy four metro La Inlando, c in the

787
00:41:06.960 --> 00:41:10.280
<v Speaker 1>Valley's seventies for the Inland Empire and Antelope Valley. Morning

788
00:41:10.320 --> 00:41:13.079
<v Speaker 1>low clouds and drizzle tomorrow, then mostly cloudy with highs

789
00:41:13.079 --> 00:41:15.480
<v Speaker 1>from the sixties to low seventies. It's fifty four and

790
00:41:15.559 --> 00:41:18.840
<v Speaker 1>fuller ten fifty one Rancho Santa Margarita, fifty two in Pasadena,

791
00:41:18.920 --> 00:41:22.400
<v Speaker 1>fifty six in Santa Monica. Live from the KFI twenty

792
00:41:22.400 --> 00:41:25.239
<v Speaker 1>four hour Newsroom. I'm Amy King. This has been your

793
00:41:25.280 --> 00:41:27.119
<v Speaker 1>wake up call. Hey, if you missed any wake up call,

794
00:41:27.159 --> 00:41:30.199
<v Speaker 1>you can listen anytime on the iHeartRadio app. You've been

795
00:41:30.280 --> 00:41:32.880
<v Speaker 1>listening to wake Up Call with me Amy King. You

796
00:41:32.960 --> 00:41:35.760
<v Speaker 1>can always hear Wakeup Call five to six am Monday

797
00:41:35.800 --> 00:41:39.400
<v Speaker 1>through Friday on KFI AM six forty and anytime on

798
00:41:39.559 --> 00:41:41.679
<v Speaker 1>demand on the iHeartRadio app.
