Financing of additional nato reserves. Neil those are foreign leaders snickering at President Trump, snickering at the man who leads the country that they pays the lions share of natos bills and it is simply asking could you guys just help pay up . Im told in the Group Picture organized, they virtually ignored him, offended. This is the new leader of france, leader of italy, ignoring, laughing, snickering at president of the United States simply because he had the gall to say, you know, it would help if we all stuck to that original goal when we came up with the nato concept of every member country forking over 2 of their budget to these defenserelated matters. And they laughed. But something tells me they didnt nod laugh in the past when we were there in world war ii. When we were there in great rebuilding of europe with the marshall plan. They did not laugh and do not laugh when they couldnt handle a dictator in their own midst. Anyone remember the name milosevic . Then we had to int
Turning to our top story is the bipartisan Congressional Budget Office today releasing a report that shows the grim effects of obamacare on the economy and on jobs and wages. The report reads the cbo updated estimate of the decreasein work translates to a reduction of oldtime equivalent employment of bout million in 2017. Rising to about 2. 5 million and 2024. And previously the agency estimated that if the aca did not affect the average number of hours for each employed person it would reduce Household Employment in 2021 by about 800,000. By way of comparison for 2021 of about 2. 3 million. The white huse scrambled their top economic advisers to the briefing room, preempting jay carney, the co report apparently catching the white house by surprise. And here is jason furman struggling to explain the loss of more han 2 million jobs is an act of liberation and the benefit. Not a negative particle and of obamacare. The estimated reduction stems almost entirely from the labor that the work
Turning to our top story is the bipartisan Congressional Budget Office today releasing a report that shows the grim effects of obamacare on the economy and on jobs and wages. The report reads the cbo updated estimate of the decrease in work translates to a reduction of oldtime equivalent employment of about 2 million in 2017. Rising to about 2. 5 million and 2024. And previously the agency estimated that if the aca did not affect the average number of hours for each employed person, it would reduce Household Employment in 2021 by about 800,000. By way of comparison for 2021 of about 2. 3 million. The white house scrambled their top economic advisers to the briefing room, preempting jay carney, the cbo report apparently catching the white house by surprise. And here is jason furman struggling to explain the loss of more than 2 million jobs is an act of liberation and the benefit. Not a negative particle and of obamacare. The estimated reduction stems almost entirely from the labor that
Expected earnings from citigroup and those retail sales from march that were better than expected that have been the driving force for the most part behind this rally, although were off the highs for the dow. It was up 159 point and now a gain of just 81 points. Keeping a close eye on the tenyear as well. Thats what art cashin would tell us. This rally is not the only thing happening. Basketball legend Shaquille Oneal in the house teaming up with macys for a new menwear line. That interview is coming up in a bit. Really looking forward to talking to shaq. Can answer anything about anything so well talk about his mens line and whatever else he wants to talk about. In the markets right now, shall we show you, rally on the open right now. Kind of held there, but weve been losing altitude for a couple of hours now. The dow up 78 points right here at 16,105. Yeah. Meanwhile, the nasdaq, as we mentioned, look at this, up about 4, a critical one to watch going into the close. Sharp focus on t
Represents the Tea Party Organizations suing the irs for violating the first and fifth amendment constitutional right. And a brandnew study backs up the Congressional Budget Office and those who are reporting that obamacare will will cost jobs over the next decade and that undercuts the attempts of obamacare on Economic Growth. And Speaker Boehner and immigration legislation. Speaker boehner is the subject of heavy criticism within his own caucus because he floated an amnesty thai proposal during the republican annual retreat last week. Here is Speaker Boehner explaining that the president s refusal to enforce laws on anything other than the selective basis on any issue makes it impossible to trust him on any issue. There is widespread doubt about whether this administration cant be trusted to enforce our laws. And its going to be difficult to move any immigration legislation until that changes. Lou trustworthiness to the american republic. Congressman paul told the roll call magazine