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June 28, 2024
Welcome to the hearing on growth policies for the new administration. I want to thank senator gramm for agreeing to testify. He was one of the first people i met when i got to washington. When i could see terror in the face of his opponents, i actually got to sit down and visit with him about some critical issues. I was on the Banking Committee that he was the dharm of at the time and i learned a lot. And i wanted to have him here because his past experience, but before that, when he worked with...
June 28, 2024
Flat. The dax in germany up by. 30 . The moves would undermine opecs effort to try and control supply and raise prices. The wti is still sitting 50. 64. 22 are dead and Dozens Injured in manchester england. In this case, police say a suicide bomber likely detonated an improvised explosive device on monday night as people were leaving an Arianna Grande concert. Officials say that they believe they have, in fact, identified the bomber. The singer, Ariana Grande was not hurt. And several hours afte...
June 28, 2024
Include 3. 6 billion in cuts. Mull Mick Mulvaney will be holding a briefing in a moment. In the meantime, joining us is former cbo director and treasury for secretary phillip swiggle. Good to have you both with us. Good morning. Dan, every time we get a budget, obviously, we make all the kaf ycaveats of challenges e its reality but what strikes you about this initial proposal. You know, the budget was really only three numbers, if you will. Revenue, Discretionary Spending and what we call entitl...
June 28, 2024
And welcome to power l lunch. Im melissa lee. Mixed picture on wall street with the nasdaq in the red by about a tenth of a percent. The dow adding 30 points. The s p up by three points itself. For the dow and the s p, this would be their fourth day in a row of gains. That has not happened since the month of february. Consumer staple hitting an alltime high on pace for its fourth straight day of gains. Monster beverage, campbell leading there and it has been a volatile day for the Home Builders ...
June 28, 2024
Sullivan and that 11 am voting on whether to move forward with that nomination with a simple majority needed to advance. A confirmation vote possible tomorrow unless senators agree to hold that the earlier and sent recessing for up to 215 for their weekly party lunches. Yesterday the Senate Confirmed the longestserving governor in us history to be the next ambassador to china. Iowa republican terry branstad. The chaplain, dr. Barry black, will lead the senate in prayer. The chaplain let us pray....
June 28, 2024
53 billion tax break through the repeal of the estate tax. At the same time, it says if you are a lower income Senior Citizen you will not be able to get the one nutritious meal a day you now receive through the meals on Wheels Program for the help you desperately need if you are disabled. This is a budget that says if you are the second wealthiest family in america, the coke brothers family, a family that has contributed many hundreds of millions of dollars into the republican party, you may ge...
June 28, 2024
Cuts to medicaid, stood alone a, food stamps. It seeks to cut 3. 6 trillion in federal spending over ten years. The budget director, Mick Mulvaney answer questions about the budget missed 35 minute briefing. [inaudible] [inaudible] good morning. Lets make a brief statement before we start about things that are probably more important than the numbers folks like me get caught up in the numbers. What a talk about what happened in manchester england, the president this morning summed it up and for ...
June 28, 2024
[inaudible] thank you very much for being here to discuss the issue of enormous consequence for the American People. The trump budget introduced today constitutes a massive transfer of wealth from working families, the elderly, children, the sick and the poor to the top 1 . Follows in the footsteps of the tructrump ryan healthcare bill h gives huge tax breaks to the wealthiest few while throwing 24 million americans off of the Health Insurance and dramatically raising premiums for older workers....
June 28, 2024
Cuts to medicaid, stood alone a, food stamps. It seeks to cut 3. 6 trillion in federal spending over ten years. The budget director, Mick Mulvaney answer questions about the budget missed 35 minute briefing. [inaudible] [inaudible] good morning. Lets make a brief statement before we start about things that are probably more important than the numbers folks like me get caught up in the numbers. What a talk about what happened in manchester england, the president this morning summed it up and for ...
June 28, 2024
[inaudible] thank you very much for being here to discuss the issue of enormous consequence for the American People. The trump budget introduced today constitutes a massive transfer of wealth from working families, the elderly, children, the sick and the poor to the top 1 . Follows in the footsteps of the tructrump ryan healthcare bill h gives huge tax breaks to the wealthiest few while throwing 24 million americans off of the Health Insurance and dramatically raising premiums for older workers....