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Trump: Health care overhaul 'coming along great'...Suspect arrested in deadly apartment fire...US household wealth jumps

By The Associated Press | Posted - Mar. 9, 2017 at 10:56 a.m.



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WASHINGTON (AP) — President Donald Trump says that contrary to some media reports, plans to overhaul health care are "coming along great." Trump says in a tweet that "We are talking to many groups and it will end in a beautiful picture." Conservative lawmakers and allied groups say the bill that's emerging is too timid, while centrist Republican lawmakers and governors are worried that their states could lose Medicaid payments and face higher costs for hospitals. Democrats are opposed to any major changes to Affordable Care Act.

WASHINGTON (AP) — House Speaker Paul Ryan has used his weekly press briefing to deliver a PowerPoint presentation about the Republican health care bill that's moving through the House. Using a laser pointer, the speaker clicked through a series of slides to illustrate problems with the existing law and explain the GOP's solutions. Key committees met through the night on the bill.

DETROIT (AP) — Detroit police say a suspect has been arrested in an arson investigation after an apartment fire killed five people and left four others injured. Police say the 55-year-old man lived at the building. Officials say investigators have determined that yesterday's fire was arson. They say it may have followed an argument, but police aren't sure. No charges have been filed. A fire official says wind gusts up to 60 miles an hour made the fire like "a blowtorch."

ROCHESTER, N.Y. (AP) — Utility officials in western New York say it could be days before customers in some areas get their electricity back on. Crews are scrambling to restore power to more than 200,000 homes and businesses after winds of up to 81 miles per hour toppled trees and utility poles. Dozens of school districts from the Buffalo area east to the Finger Lakes region called off classes today because they have no electricity.

WASHINGTON (AP) — The stock market's rise to record levels has fueled a big jump in U.S. household wealth. The Federal Reserve says Americans' stock and mutual fund portfolios gained $728 billion in value in the final three months of 2016, while home values rose $557 billion. Total household wealth, which includes checking and savings accounts and subtracts mortgages and other debt, jumped 2.3 percent. But the wealth isn't widely shared. The richest 10 percent of Americans own 80 percent of the stock market, and younger Americans are less likely to be homeowners.

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The Associated Press

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