1968 by herb stein, the chair of the council of economic advisors, and has met yearly 40 weeks out of the since. Have marke pleased to thewein to talk about return of the trilliondollar deficits. Before i introduce mark, let me tell you about some upcoming programs. Rivlin on. Alice february 1st talking about said policy. Maybe a little bit about the budget. Director, the founding of the congressional Budget Office. We have commitments to speak in although the dates havent been set by the current chair of the council of economic advisors, kevin hassett, and hall, the congressional budget director. One of thein is sharpest young budget economist yearsficit hawks at 33 old. Experience in of the budget arena. Worked on the Simpson Bowles commission in 2010. The committee that followed that effort in 20 11. Ms from john and hopkins. At thehes there and university of dc. Marc is a new father. Topic is very appropriate in hope that his kid and our more than they have to. Marc goldwein. Well,
And past president of the club. The club was started in 1968 and has met roughly 40 weeks out of every year since, presenting leading economists, talking about issues of the day. Today were pleased to have mark gold wine to talk about the return of a trillion dollar deficits. Before i introduce mark, let me tell you about some upcoming programs. We have dr. Alice rivlen on february 1st at a luncheon right here talking about fed policy, maybe a little bit about the budget we have commitments to speak in february, although the dates havent been set. Mark goldwine is one of the sharpest young budget economist deficit hawks at 33 years old, hes had a lot of experience in the budget arena. He worked on the Simpson Bowles commission in 2010. Hes got a ba and ms in economics from Johns Hopkins and he also teaches there. And at the university of california, d. C. Finally, mark is a new father, so this topic is very appropriate in the hopes that his kid and our kids dont pay more than they have
Chuck schumer is headed to the white house for a meeting at the president s request. Kevin cirilli is on capitol hill with the latest. Could we expect a breakthrough . That is what both sides are hoping for. Upperp democrat of the chamber is at the white house, meeting with President Trump. Get to ato be able to deal with republicans. The follow is continuing this morning from republicans and democrats as the midnight deadline looms and there is a shut down on the table. The Trump Administration is calling this is the schumershutdown. Democrats are pushing back, ype of daca some t deal be included. Lawmakers of both parties suggested this will come down to the wire. The idea of having a shortterm deal that would keep the government open for a couple more days might not be what the administration is hoping for, particularly with the president s travel plans to davos. Saying,he democrats are we have to have this in this continuing resolution. Vin that has been where the battle lines are.
An 11 rise in exports for january. Still both were higher than economists expected. Over in europe, a check on how were doing there. The dak dox down better than 1 n germany. Down about 1 across the board in political news, well, you want to look at these first . What . Treasuries. Of course. Dont want to jump past those. The tenyear it was sitting there. I didnt see it i was so excited for the political news 2. 831 is the number on the tenyear recent high was 2. 88 that happened in the midst of that payrolls report then the market turmoil. After that soft auction yesterday and the budget agreement with the raising of the spending cap, thats when you saw yields take that little bit of a jump higher should we do political news now . Lets do it the clock is once again ticking in congress. Lawmakers having until mid night tonight to pass a spending bill and avert another Government Shutdown this time theres a major bipartisan budget deal in the work democratic and Republican Leaders in th
Leader Mitch Mcconnell that he has no parameters for this bill, is not bringing a specific set of requirements to the floor. He is basically opening the door to a series of bills being voted on, and let see if any of them get 60 votes and pass. This is our immigration debate. It is fascinating. Host until he is bringing up tonight has nothing to do with immigration, just a vehicle for this. Guest it could be about anything. It could be about french bread pastries. The whole idea is the senate does not know what there is a majority to support. ,he majority leader has said lets bring up all your immigration proposals, we know that there will be one that looks similar to what the president asked for, which will be border wall, rollback of some Legal Immigration, but some sort dreamers. Ship for put that package on the floor, see if it get 60 votes. If it doesnt come up with Democratic Alternative on the floor. If it doesnt come at a bunch of things and see what happens. Host what role wil