Page 89 - 3 2 News Today

But they didnt want to be in the cross hairs of the president. this is different. this is currying favor with an administration that does seem to be friendly toward the lowering of regulations or going after corporate america. im a business journalist. people forget that stephanie, you, and me are all business journalists. were pro-capitalists. we like when businesses succeed. this feels a little cynical. >> right. and remember these companies have been doing very, very well. the presidents been...

Approved and neil gorsuch. the stock market is booming. he doesnt get all the credit but the stock market was down 5,000 points there would be more stories on it. >> leah: there are so many accomplishments were not hearing. he rolled back regulations, the economy grew at 3.2% last quarter. 1.7 million jobs added. the gorsuch confirmation to name a few in addition to the ones you just named. you say the tax bill puts an end to the verdict that president trump doesnt know how to work the hill. can...

Wells fargo is raising their minimum wage. the president was quick to capitalize on the news tweeting out this morning, the massive tax cuts which the fake news media is desperate to write badly about so as to please their democrat bosses will soon be kicking in and will speak for themselves. companies are already making big payments to workers. dems want to raise taxes and hate these big cuts. and with this legislative win, news the economy grew 3.2% in the third quarter of 2017. republicans li...

Together on other certain matters. manu, thank you so much. we also are getting new information in, on how much money the special counsels russia probe moving away from congress back over to bob mueller is costing the american taxpayer at this moment. laura jarrett is joining me with the new details coming in. what are you picking up? >> hey, kate. the justice department has just released these figures and what it is showing over the course of five months from may to september, theres been rou...

Production happens within the country. the truth of the matter is that we are in a global competition when you bring home $2 trillion worth of overseas profits back to the country, able to create more than a million jobs when youre at full employment wages rise, more economic activity happens within your economy, were in far better shape to see the numbers were talking about eclipsed. were not thinking about a $1.4 trillion economic activity. i believe well get a lot more. in other words, jake, ...

Underestimating the activity in our economy, because their model is based on a closed economy. that basically means that all the activity that can happen from the markets and capital production happens within the country. the trauth of the matter is tha we are in a global competition when you bring home $2 trillion worth of overseas profits back to the country, able to create more than a million jobs when youre at full employment wages rise, more economic activity happens within your economy, we...

Of at least $1.5 trillion, but by many nonpartisan estimates, as much as $2.2 trillion if you take away the gimmicks to just get it under that budget ceiling for now. >> well, it doesnt take much in economic growth to offset both of those numbers. if we get back to the 70-year average of 3.2% growth instead of the obama year average of less than 2, were up to 3 already. were anticipating in this bill 2.6. every tenth of a percent of growth there makes a huge difference in federal revenue. if you...

If you look at fourth quarter, this is about 3.2 as of yesterday. so its saying that we are growing at 3%. if we take that momentum into next year and add a tax cut then we are quite confident that one should be able to expect sustained growth at that level or above. and with that i have to hand it back to sara. thanks for being so gracious with your questions. >> thank you. >> thank you, kevin. major, hes right, i havent spoken to the president about that, but i do appreciate that you know that...

The fed, they have gdp now, its 3.2 as of yesterday. so were growing at 3%. if we take that momentum to next year with a tax cut, we expect sustained growth after that level or above. with that, i have to hand it back to sarah. thanks so much. >> thank you, kevin. i have not spoken to the president about that. but i appreciate that you know the president will still be here in five years. i like that vote of confidence that you will know that well be here to take that review and be sure to raise ...

Quarter data suggesting the atlantic fed, gdp now, 3.2 as of yesterday. saying we are growing at 3%, if we take that momentum into next year and add a tax cut were quite confident one should be able to expect sustained growth at that level or above and with that i have to hand it back to sarah. thank you so much for your patience. you were gracious. >> thank you. thank you, kevin. major, hes right. i havent spoken to the president about that but i appreciate that you know that the president will...