Falling by 242 points. Questions about what can get done in d. C. The president and the congress dealing with immigration and tax reform. Thats where we begin at the white house with adam shapiro. There was a Late Afternoon meeting between congressional leaders and the president. We were told tax reform was the topic. What do we know about it . Reporter we dont have the details of what tax reform will look like. But what we do know is we are moving towards markups. Those will be the Committee Hearings in which the proposals for tax reform live or die. Also potentially repealing the deductions for state and local taxes. President trump just before the meeting which finished 15 minutes i go. This is what he said and why its crucial to deliver tax reform this year. This is more than just tax reform, this is tax cutting to put it in simple terms. We are going to cut taxes, reduce tax for people, individuals, middle income families. Well reduce taxes for companies. Reporter connell when you
Of course, we will be all over it for you. By the way, traffic nightmare in new york right now. Despite everything, turmoil overseas and the house in recess, the markets where are they going . They are going up again. Dow and s p open up in new alltime highs. What else is new . Another hurricane in the caribbean, maria, she could hit batted islands and head towards florida. We are all over that story as well. Big day for politics. Guess what . Thats what we do. Varney company starts right now. Ashley quick check of the stock futures for you just under half an hour before we open on wall street. Dow coming up best of the year, 6 points away from alltime high. So it should open well above that. Any move for s p will be a new high. [laughter] ashley nasdaq just 15 points away from record territory. Big defense deal to tell you about, by the way, northrop buying atk for 9. 2 billion, thats in cash and debt, in the meantime net flesm won emmys for the crown and master of known, hulu. We wil
United nations calling out north korea come the socialist venezuela, iran, many have hailed it is the best of his presidency so far. The president s Approval Rating now at 43 according to wall street journal poll, that threepoint five was taken before the u. N. Speech. The neutron presidency apparently is working. Meanwhile, whats not working in puerto rico is the power. The entire island of threepoint 2 Million People out of power. Hurricane maria tearing through over the past 24 hours or the governor calling a catastrophic and unprecedented. Fema director brock on how long it will take to get puerto rico back up and running, how much it will cost in who pays. Stuart may take a day off, but it certainly doesnt. Big day and we are all over it. Varney company about to begin. Turn into half away from the market speed the features still sitting near record highs down a little bit. The dallas 10 points, s p and not at flat at this hour. The new apple watch, much fanfare about it. Cellular
Once with the aftermath of the worse mass shooting in american history. On top of that, a category 5 and category 4 hurricane, hitting u. S. Within two weeks of another, a stand youve with a threatening standoff with threatening north korea, and a packed language latest agenda with budget tax reform and Obamacare Repeal on top of a 1 trillion infrastructure bill, and cyberattacks that have now hit at least half of our population. All that President Trump faces, would leave any citizen leader trim uluce. President has been confronting each crisis in my opinion with strong leadership, president and first lady at this hour on their way back to washington. They spent the day in puerto rico. Comforting victims of the storm, and looking over the horrendous hurricane damage. Where the president pledged an all out effort on behalf of our fellow americans who endured so much suffering and deprevation. President trump took with him his sense of humor about all that has to be done and money it wi
Like maria. The infrastructure in puerto rico has been devastated. Here he is earlier today on hurricane maria, visiting puerto rico. I hate to tell you, puerto rico, but you are throwing our budget a little out of whack. We spent a lot of money in puerto rico, but thats fine we saved a lot of lives. Kennedy the president is also faced with a screeching gun debate which never focuses on the actual causes of mental illness. Using logic in an emotional argument is a nowin and dont expect gun control nuts to employ reason and facts anytime soon. The people of puerto rico will rebuild their homes and island in time at great costs. What remains to be scene is how this president navigates the tragedy in las vegas and figure out what caused an untable power to snap and kill so easily. Im kennedy. How can the president balance and solve these two major crises currently on his plate. These are the two biggest ones. Who better to ask than Ari Fleischer who was at the podium in the days after 9 1