Morning Edition on WAMC

As Americans watched their nest eggs sink during the Great Recession, many wondered whether they would ever be able to retire. Come this fall, millions of workers who invest in 401(k)s will learn their plans are probably worth even less than they thought.

"Fees take away from the accumulated savings of your lifetime," says Mary Beth Franklin, a contributing editor at InvestmentNews.

Mexicans go to the polls July 1 to choose their next president, and polls show that voters seem inclined to embrace the past. The center-left Institutional Revolutionary Party, or PRI, which ruled the country for more than seven decades before being ousted 12 years ago, holds a solid lead.

But Mexico's young are making their voices heard: Some fear a return of authoritarian rule; others simply want jobs.

Making Noise

A treasurer for Joel Tyner’s campaign has resigned and accused the 19th district congressional candidate of misusing campaign funds.  WAMC’s Tristan O’Neill reports…    

The Times-Herald Record reports that campaign treasurer Misha Fredericks says Tyner’s cash-on-hand claim is off by more than $5,200. 

In an interview with the Poughkeepsie Journal, Fredericks says she had continuously asked Tyner to produce receipts in order to account for the missing money, but the receipts she received did not match the money withdrawn. 

Governor Cuomo is telling the legislature to ‘take it or leave it’ over a new bill he’s released new bill outlining how to make teacher evaluations public.  Capitol Correspondent Karen DeWitt reports…  

Governor Cuomo says he introduced legislation on the publication of teacher evaluations just before his own self imposed deadline of midnight Monday in order to clarify his position on the issue.  He says it’s up the Assembly and Senate whether they want to pass it, exactly as is, or not.  

A bill to decriminalize small amounts of marijuana appears dead for the legislative session , now that Republicans in the Senate say they won’t be acting on the bill.  Capitol Correspondent Karen DeWitt reports… 

Governor Cuomo says it’s “highly unlikely” that his bill to decriminalize small amounts of marijuana will be taken up by the Senate before the legislative session ends on Thursday, and Senate Leader Dean Skelos confirms that. 

“I’ve said all along that I was not in favor of further decriminalization of marijuana,” Skelos told reporters. 

More than 1,600 people in the area of South Burlington, Vt., have signed a petition in support of locating new Air Guard jets at Burlington International Airport.  WAMC’s Pat Bradley reports…

The petition presented Monday urges the South Burlington City Council to reconsider its opposition to basing the new jets locally.

The Council voted last month against basing the F-35A at the Vermont Air Guard base. It sent questions to the Air Force related to a draft environmental impact statement related to elevated noise levels.

Transcript

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