Plus another unfolding crisis after allegations of Domestic Abuse lead to the departure of another close aid and one of rob poerts two exwives, the 11th hour on a thursday night begins now. Good evening once again from our headquarters. Day 385 of the trump administration. It now appears we are headed towards the second Government Shutdown in less than three weeks. The u. S. Senate has ad journed until 12 01 a. M. At issue here federal funds run out at the stroke of midnight. The senate has yet to vote on a spending plan agreed to yesterday as we heard in the announcement. The bill adds up to a massive increase, about 400 billion for two years. Out of 100 u. S. Senators one man, republican senator rand paul of kentucky has been holding up the vote. He has been blocking any other progress in an attempt to force a separate vote to force spending increases. I ran for officer because i was very critical of president obamas trillion deficits. I cant in all good faith just look the other way
Two exwives. Meanwhile, the news from wall street is grim. The dow jones plunged 1,000 points today down 10 from sits peak in just last month. And then there was what is beginning to feel like groundhog day here in washington. Were just five hours away from another Government Shutdown. We learned a short time ago that the white house has already advised Government Agencies to prepare for the possibility that the government will in fact shut down. At the moment, senator rand paul of kentucky is Holding Forth on a vote holding up a vote on a bipartisan budget deal. Hes been speaking on the senate floor against the bill for just over an hour. There he is. The deal faces opposition from some on the left and right in the house. The bill adds up to a massive increase in domestic and defense spending, 300 billion for two years. It represents a major reversal for republicans, the party of fiscal responsibility and deficit hawks. According 0 to their own 2016 party platform, does anybody read t
Right. Reporter and youre running marathons. Right. This is the cbs evening news with jeff glor. Glor and this is our western edition. Good evening. We begin tonight with a correction. That is whats happening in the markets. The dow plunged more than 1,000 points today, or 4. 15 . That puts the dow 10 below the high it hit last month. That is the textbook definition of a correction. Most of the drop came just since friday, nearly 9 . What is behind this selloff . Here is cbs News Business analyst jill schlesinger. Reporter the last half hour of trading today was brutal. A more than 430point plunge, capping off a terrible day on t. Ll street. It all started last friday, when investors worried that news of higher wages would trigger inflation and prompt the Federal Reserve to increase shortterm Interest Rates faster than expected. Higher rates could lead to slower Economic Growth and make it harder for companies to earn money. Hed this week, theres been a new concern big traders have bee
It was so great. Whether or not you were in new york city and able to make it or whether you just might have seen these images today, the footage and the coverage, it was such a nice National Bright spot in the news. Worth letting it wash over you. Pausing to let it make you happy for a moment. It was so great. Especially it feels great because the news has been so dark lately. Right . Its nice to have something that is pure gleaming glee. Because the news has been dark. Even today, the weird news was dark. Like this new reporting over the last 24 hours from the great David Fahrenthold for the washington post. It provides all americans with front page notice that among the way this is president and his family are continuing to make money from their private businesses on the side during his time in office is by doing this effect with a miami strip club. This is not like a historical thing that turned up. This is this week. You can meet your caddy girl friday, july 12th, the day after to
It doesnt matter if its our family or somebody elses family, theyre not being stopped. And they have no conscience. They will do what they want to do and regardless. There is no consequences for it. Bill these interviews difficult to listen to. William la jeunesse has our Coverage Today on what we have learned overnight. William, hello. This may have been a targeted hit. As we reported yesterday in the 1 00 p. M. Hour one man is in custody and he could be connected to this massacre but this is still in flux. The head of mexico state security in mexico city said there was an arrest yesterday. But there was another shooting in sonora on monday near the mormon massacre and they havent confirmed the man in custody is one of those suspected in killing the mother and children. The attorney general of sonora, in another operation nearby one person was found with weapons. This person had two people in custody. They were gagged. These people could be related to the incident. However, it is stil