Small plane crashes 6 miles from Fort Lauderdale Executive Airport

A small plane crashed Thursday night near Coral Springs, the Federal Aviation Administration reported.  

The pilot of the Cessna 152 aircraft said she was in the air with a student when the plane began to lose power. They tried to get back to Fort Lauderdale Executive Airport when the power cut out completely. 

“I was pretty much in control of the airplane and then at the last minute I could just hear my student freaking out,” the pilot said. 

That’s when they landed on a levee about 6 miles northwest of Fort Lauderdale Executive Airport, the FAA said. The plane  then skidded and flipped over into the Everglades. 

No one on board was injured. 

The cause of the crash remains under investigation.

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Man killed, 2 injured in Fort Lauderdale shooting

A man died Thursday night during a shooting in Fort Lauderdale, police said.

At about 6:20 p.m., a gunman opened fire on a car while it was traveling through the intersection of Northwest 16th Street and Northwest 15th Terrace.

The driver, a man, died at the scene and his two female passengers were hurt, police said. The passengers were taken to an area hospital.

“All I know is they were shooting into the car,” a witness said. “I don’t know what for.” 

The witness, who didn’t want to be named, said the gunshots sounded like firecrackers. 

“I was standing right here and when I heard the third shot I ran to the corner,” he said. “That’s when I saw the dudes, well, one dude, shooting into the car right there.” 

Anyone with information is asked to call Crime Stoppers at 954-493-TIPS.




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Revised repeal and replace bill would give Senate $287 billion to dole out

The Congressional Budget Office released Thursday yet another score of a Senate plan to repeal and replace Obamacare — this one to learn how much more money the chamber’s leaders would have to woo moderates if they keep Obamacare’s taxes on the wealthy.

The agency found that a revised version of the legislation would reduce the deficit by $420 billion over the next decade, giving Senate Majority Leader Mitch McConnell a $287 billion fund since he still must save as much as the House’s counterpart bill did. That’s about $100 billion more than the Senate’s original repeal and replace bill.

Some 22 million more people would be uninsured by 2026 under the revised bill than under Obamacare, roughly the same as the original, the CBO found.

However, the CBO did not consider the biggest policy change in the revised bill released last week: An amendment pushed by Senator Ted Cruz that would allow insurers who sell Obamacare policies to also offer plans that don’t adhere to the law’s rules. This provision would throw the individual insurance market into chaos, insurers and health policy experts said. CBO staff said they are working on an analysis of the amendment.

In addition to the retention of the taxes on the rich, the CBO looked at the impact of increasing state stabilization funding by $70 billion. It found that average premiums for the benchmark plan would be 25% lower in 2026 than under Obamacare. Under the original Senate bill, the drop would have been 20%.

The benchmark plan, however, would cover fewer benefits and require consumers to pay more out of pocket because it would only cover 58% of health care services, on average, instead of the 70% under Obamacare.

For the first time, CBO quantified what that would actually mean. By 2026, the benchmark plan would come with a deductible of $13,000 for a single person. It would be $5,000 in 2026 under Obamacare.

However, this could run afoul of another Obamacare regulation that the Senate bill retains — the limit on out-of-pocket spending. In 2026, that cap is projected to be $10,900. So either the limit would have to be raised or insurers would have to cover more of the costs.

Thursday’s score is the latest step in the Republicans’ quest to dismantle Obamacare. The Senate is now considering multiple ways to fulfill this longstanding pledge.

Early this week, it looked like lawmakers would have to abandon the plan they’ve worked on for months to repeal and replace Obamacare simultaneously. Four Republicans came out against it by Monday, leaving McConnell without the necessary majority he needed to advance the bill.

McConnell then revived an effort to simply repeal Obamacare that both chambers passed in 2015, but was vetoed by then-President Obama. On Wednesday, the Senate unveiled a bill that would do that, but would delay its implementation by two years to give lawmakers time to devise a replacement plan. That legislation would leave 32 million more people without coverage by 2026 and cause premiums to nearly double, compared to current law, the CBO found.

It’s still unclear exactly which bill Republicans will vote on next week.

While President Trump has returned — for now– to his desire for Senate Republicans to vote on a repeal and replace package, there is still no sign McConnell has enough votes to even begin debate on the bill.

The back-to-back scores from the CBO has injected even more confusion into the situation.

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24-year-old dies during Thursday strike in Venezuela

Venezuelan authorities were investigating the shooting death of 24-year-old Ronney Eloy Tejera Soler during Thursday protests in Caracas’ Los Teques neighborhood.  

Three others were also wounded in Los Teques. The country’s chief prosecutor reports that at least 94 deaths are connected to the nearly four months of protests against President Nicolas Maduro. 

Democratic leaders called on Venezuelans to participate in a 24-hour strike meant to sabotage Maduro’s efforts to change the country’s constitution. Most businesses were closed in eastern Caracas.

Some subway lines were not in operation and public buses were not functioning. Protesters set up barricades to block traffic at some main streets. Many feared that the clashes between protesters and the riot police officers were going to worsen over night. 

Maduro delivered a speech in response. He promised to continue with a process to rewrite the constitution in an effort that Democratic lawmakers view as a plot to take power away from Parliament and interfere with free elections. 




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Spanking leads to mental health problems, study shows

Data gathered over a 50-year period shows the more children are spanked, the more likely they are to develop mental health problems.

According to a study conducted at the University of Texas at Austin and the University of Michigan, even though most Americans don’t recognize spanking as abusive behavior, it has been linked to aggression, anti-social behavior and cognitive difficulties.

Researchers at UT said the study, which involved more than 160,000 children, is the most complete analysis to date of the outcomes associated with spanking.

“We found that spanking was associated with unintended detrimental outcomes and was not associated with more immediate or long-term compliance, which are parents’ intended outcomes when they discipline their children,” Elizabeth Gershoff, an associate professor of human development and family sciences said.

The study showed adults who were spanked as children exhibited anti-social behavior, mental health problems and were more likely to support physical punishment for their own children, which highlighted the attitude that physical punishment is passed from generation to generation.

A 2014 UNICEF report showed that as many as 80 percent of parents around the world spank their children. Gershoff said that’s in spite of the fact that there is no clear evidence of positive effects from spanking, and ample evidence that it poses a risk of harm to children’s behavior and development.

“We as a society think of spanking and physical abuse as distinct behaviors,” she says. “Yet our research shows that spanking is linked with the same negative child outcomes as abuse, just to a slightly lesser degree.”

The study outcome was consistent with a report recently released by the Center for Disease Control and Prevention that called for “public engagement and education campaigns and legislative approaches to reduce corporal punishment,” including spanking, as a means of reducing physical child abuse. “We hope that our study can help educate parents about the potential harms of spanking and prompt them to try positive and non-punitive forms of discipline.”

Click here to read more about the study.

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Sizzling Nasdaq climbs for 10th day in a row

It’s been a terrific 2017 for the Nasdaq — and it keeps getting better.

The Nasdaq notched its third record high in a row on Thursday. Even more impressive, the Nasdaq has now advanced 10 straight days. That’s the longest winning streak since February 2015.

The latest gain wasn’t huge — just 0.1% — but it leaves the Nasdaq up nearly 19% so far this year. That’s nearly twice as much as the S&P 500.

Tech stocks took a hit earlier this summer, but investors have since piled back on fast-growing Nasdaq stocks. The favorites continue to be the FANG stocks: Facebook, Apple, Netflix and Google owner Alphabet.

Wall Street’s string of records is the latest evidence that stock investors are mostly unfazed by President Trump’s political troubles.

Trump hit the six-month mark in office on Thursday, but he’s been unable so far to get his economic agenda of tax reform, infrastructure spending and deregulation through the Republican-controlled Congress. The latest setback came this week as the GOP’s efforts to repeal and replace Obamacare collapsed in the U.S. Senate.

And yet CNNMoney’s Fear & Greed Index of market sentiment flipped into “extreme greed” mode on Thursday.

Wall Street seems to be betting that even if Trump is unable to deliver his promise of “massive” tax cuts, the U.S. economy will manage to keep chugging along. Steady growth, combined with low interest rates and little inflation, could drive corporate profits — the real driver of stock prices — even higher.

“Politics make great headlines, but it’s the economy that makes for great bottom lines,” said Sam Stovall, chief investment strategist at CFRA Research.

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