Thank you for being here. Happy to be here. We spend a lot of time, in the era of donald trump, asking the broad question, is donald trump good for the Media Business . Let me be specific and ask you, if donald trump is good for the conservative Media Business . You know, hes a challenge for the conservative Media Business. Why is that . Maybe cause hes not a conservative . That has something to do with it. Right. laughter the reality is that, over the course of the past half century or so, the conservative Media Business and its flagship, National Review magazine founded by william f. Buckley, had a particular view of conservatism that they advocated for. A view which actually won. They were originally founded as a magazine that criticized eisenhower, that was very critical at various points of Richard Nixon, but then saw their fulfilent in ronald reagan. Ronald reagan was the apex, right . Everything that they really wanted to see in a candidate, someone who rejected the kissingerian
Wind down. The ten year is still stuck around 2. 24. Opec is trying to deliver some more cuts at the meeting on thursday. Our road map begins with a major shakeup in the auto business. Ford firing ceo mark fields amid investor ease about the stock performance. Plus, middle east deal maker in chief President Trump is in israel this morning. This after signing a record arms deal with saudi arabia. Boeing, black stone and ge among the big winners. And the path to 1 trillion. Rbc saying that apple has the potential to become a trillion Dollar Company within 18 months. First up though, changes at ford, the automaker announced that mark fields is out as ceo and that fields has chosen to retire. Hell be replaced by jim hackett, the chairman of Ford Smart Mobility division. Hackett has developed a reputation as a turn around specialist. And shares of ford have fallen more than 35 . The company has scheduled a News Conference for 9 45 a. M. Eastern time. Being called a retirement, but we can re
Today we will hear testimony from the director of the office of management of budget, the monon honorable Mick Mulvaney. I want to thank him for being here to discuss the president s budget and spending priorities. We look forward to hearing his remarks. While article one gives congress the power of the purse the federal budget is a collaborative process. The administration, this committee and counter parts Work Together to build a budget that reflects our unified priorities over the same time period economic stagnation lead Congressional Budget Office to continually downgrade projects for Economic Growth. Its a large debt burden on the future generation of americans, that reflects moral failure to face head on our challenges. This administration and this committee agree on our our responsibility to improve our countrys fiscal situation and put us on the foot a balanced budget that allows us to start cutting down our National Debt. Our friends will no doubt defend the status quo of the
Today we will hear testimony from the director of the office of management of budget, the monon honorable Mick Mulvaney. I want to thank him for being here to discuss the president s budget and spending priorities. We look forward to hearing his remarks. While article one gives congress the power of the purse the federal budget is a collaborative process. The administration, this committee and counter parts Work Together to build a budget that reflects our unified priorities over the same time period economic stagnation lead Congressional Budget Office to continually downgrade projects for Economic Growth. Its a large debt burden on the future generation of americans, that reflects moral failure to face head on our challenges. This administration and this committee agree on our our responsibility to improve our countrys fiscal situation and put us on the foot a balanced budget that allows us to start cutting down our National Debt. Our friends will no doubt defend the status quo of the
Rillion over 10 years. This part of the hearing is just over 2 hours. The hearing will come to order. Welcome to the committee on the Budget Hearing for today we will hear testimony from the director of the office of management of budget, the mononor honorable ce of management and budget, the onorable Mick Mulvaney. Good morning, once again, to everyone. Mulvaney fornk mr. Being here today to discuss the president s budget and spending priorities. We look forward to hearing his remarks. Priorities. To achieven budgets a balance. Over time, the Congressional Budget Office able to continually downgrade their objections their projections for Economic Growth. A large debt burden on a future generation of americans, a burden that to face a moral failure our challenges. This administration and this committee agree wholeheartedly on our responsibility to improve our countrys fiscal situation and put us on the path to a balanced budget. We will defend the status quo of the obama years with the