AP Source: Hagel resigning as Defense secretary  WASHINGTON (AP) - A senior administration official says Secretary of State Chuck Hagel is resigning from President Barack Obama's Cabinet.

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WIND & WINTER WEATHER ADVISORIES

UNTIL 10 PM & 4 PM TUESDAY

The National Weather Service in Grand Rapids maintians WIND ADVISORIES for Ionia, Allegan, Barry, Van Buren, Kalamazoo, Calhoun, Berrien, Cass, St. Joe, and Branch counties until 10 PM.  45-50 mph gusts are verifying and may create some power outages, downed trees, or branches.  

WINTER WEATHER ADVISORIES start at 4 PM and last until 4 PM Tuesday in Ottawa, Kent, Muskegon, Oceana, Newaygo, Mecosta, and Montcalm counties.  Snowfall may exceed 6" through late Tuesday.  Blowing and drifting snow is likely.  

Stay with wwmt.com for your weather today and always!

 

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Mich. Senate prepares to vote on Medicaid expansion

Updated: Thursday, August 22, 2013
Mich. Senate prepares to vote on Medicaid expansion story image
KALAMAZOO, Mich. (NEWSCHANNEL 3) - Five days from now--next Tuesday--the Michigan Senate will vote on expanding Medicaid to offer health insurance to some 470,000 state residents--most of them from working families who hover just above the poverty line.

Tonight, in Tom's Corner, Tom Van Howe says anything but a 'yes' vote means the people we've elected to office are more concerned with petty politics than the health and welfare of the people they represent.

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There are lots of people who don't like Obamacare. I get it. Its confusing. Its got thousands of pages that few will ever read or fully understand. It focuses on how we're going to pay instead of why everything costs so much. And as a result many of us worry about where all the money is going to come from.

But there are nearly a half-million well-intentioned people in our state who don't have health care. Usually because their employers don't offer it, and always because they can't afford it on their own.

As a result, when they get sick they wind up going to absurdly expensive hospital emergency rooms for medical care. Think about it. A single bill from a single visit to an ER is likely to be more than a month's rent.

They are bills that are most likely not going to be paid.

Why not?

Because in this country we offer the most expensive health care in the world and those individuals and families simply can't afford to pay them.  If they aren't part of an insurance plan, in a classic of upside-down logic, they usually get charged even more.

And it isn't as though all these costs just magically disappear. In one way or another, they do get paid.

But they get paid by businesses, taxpayers, and people who do have health care. The same people who see their premiums rise by double digits each and every year.

Hospitals, who provide just short of a billion dollars worth of indigent health care a year,  absorb some of it, but do their best also to pass it on to paying customers.

And did I mention that roughly 65 percent of all bankruptcies in this country are healthcare related?

So along comes the federal government to say to states, 'Tell you what...if you expand your Medicaid coverage to include those who live just above the poverty line (the ones we're talking about here) we'll pick up the cost—all of it—for the next four years. After that we'll pick up 90 percent of it.

Sounds like a no-brainer.

But here's the rub. It's part of the Affordable Care Act—the dreaded Obamacare. And in a number of states where there are Republican-dominated governments, Michigan among them, to accept medicaid expansion is to somehow endorse and give victory to President Obama himself.

A political position that does little for the 15,000 in kalamazoo county who pray they don't get sick.

It's a position that has outraged Governor Snyder—who to his credit has been out campaigning for it.

He says, matter-of-factly, whether you like Obamacare or not, it is the law of the land, and that with each day that goes by, Michigan is losing money.

His colleague,  New Jersey Governor Chris Christie, who faced the same problem, is one of the few Republican Governors in the country who successfully lobbied for extended medicare.

"Let me be clear," he said. "I am no fan of the Affordable Care Act. I think it is wrong for New Jersey and for America.
 
I fought against it and believe in the long run  it will not achieve what it promises. However—it is the law of the land.
 
I will make all my judgments as Governor based on what is best for New Jersey."

Gov. Snyder is essentially making the same argument. And its time for the Senate to put away its petty ideological differences, listen to what he's saying,  and get on board.

Five more days.

In this corner...I'm Tom Van Howe.

Business News

Last Update on November 24, 2014 08:29 GMT

GAS PRICES

CAMARILLO, Calif. (AP) -- A national survey reveals the average price of regular gasoline has plunged another 10 cents a gallon over the past two weeks, to $2.84.

Industry analyst Trilby Lundberg says the decline continues a trend that has seen prices in the U.S. fall by 88 cents since May.

Lundberg says lower crude oil prices are continuing to drive prices down, along with an abundant oil supply and the rising value of the U.S. dollar.

The highest priced gas in the Lower 48 states was found in San Francisco at $3.14 a gallon. The lowest was in Albuquerque at $2.47 a gallon.

The average price for midgrade gas in the U.S. is $3.08. For premium it's $3.24.

REGULATING CAR SERVICES

RALEIGH, N.C. (AP) -- North Carolina has become a prime market for the smartphone-based car services Uber and Lyft -- and is likely to join a push around the country to regulate the fast-growing businesses.

A big draw for the companies is the state's mix of mid-sized cities, which are full of college students but lack extensive mass transit networks to serve their spread-out geography.

The companies' expansion has legislators in North Carolina and elsewhere scrambling to study their business models ahead of sessions in 2015 when they could address insurance, car inspections or criminal background checks.

Transportation analyst Douglas Shinkle of the National Conference of State Legislatures thinks at least 20 legislatures are likely to take up legislation on Uber, Lyft and similar services in 2015 after several passed laws this year.

MERGER SURGE-HEALTH INDUSTRY

Health care M&A leads global deal surge

UNDATED (AP) -- It's been a big year for deal making and the health care industry is especially visible in that arena.

Large drugmakers are buying and selling businesses to control costs and deploy surplus cash. A rising stock market, tax strategies and low interest rates are also fueling the mergers and acquisitions.

It's all combining to make 2014 the most active year for health care deals in at least two decades. Data provider Dealogic says the industry has announced about $438 billion worth of mergers and acquisitions worldwide so far, about 14 percent of the $3.2 trillion total for all industries. Overall, M&A is on track for its best year since 2007, the year before the financial crisis intensified.

One analyst says deals are being driven by "cost pressure on the entire health care system," as insurers and government health plans increasingly hold down or even reduce reimbursements to drug, device and service providers.

Companies also are looking to expand market share, and boost their portfolios in hot areas such as drugs for cancer and hepatitis C.

JACOBS ENGINEERING-CEO RETIREMENT

PASADENA, Calif. (AP) -- The construction services firm Jacobs Engineering says CEO Craig Martin will retire in late December because of health reasons.

The company announced Sunday that former CEO and current board chairman Noel Watson will serve as executive chairman until a replacement for Martin is found.

The 65-year-old Martin joined Jacobs in 1994 and became CEO in 2006.

The Pasadena, California-based company helps design and build large, complex facilities for oil and gas companies, chemicals companies, governments and a variety of industrial customers.

Martin will step down Dec. 26, the last day of the company's first fiscal quarter.

SHIPPING SEASON

MINNEAPOLIS (AP) -- Icy conditions have forced an early end to shipping on the Upper Mississippi River.

The season officially closed Thursday with the towboat Mary K. Cavarra and its load of four barges heading south through Lock & Dam No. 2 at Hastings, Minnesota.

The Star Tribune (http://strib.mn/1yIQ8un ) reports it's the earliest closing in 45 years. The season began last spring with the second-latest opening and came to a 26-day halt in midsummer so crews could clear flood-borne silt from the navigation channel.

Executive director Bob Zelenka of the Minnesota Grain and Feed Association says it's been a challenging year. Zelenka says the river is the cheapest way of moving crops. But the river's early closure means finding alternative ways to get those crops to New Orleans and foreign export markets.

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