In perhaps, germany and spain, some more muted declines. U. S. Equity futures are looking a little bit better this morning. At this point, the dow futures are up by about 46 points above fair value. But i dont think how much faith you put in these implied opens at this point. What is indicated now is not necessarily how the day ends up, but it is certainly something to watch and see. The fed did decide to trim bond purchases. It was the Central Banks first unanimous vote on policy since june 2011. The fed made no reference to the selloff in emerging markets. They didnt talk about that, they didnt mention the cold weather. But the fed stood pat and this is an enormonormous decision. Joe, you are looking righter and righter on that call. And im not happy about it. I dont want the globe to slowdown. No, no, no. I just did the math. 75 divided by 1850. Were at the s p were at 1774. So its down from 1850. So 7. 5 divided by 1850 is exactly 4 . When you put it in those terms, a decline of 4
This special edition of the willis report, a users guide to obamacare. Live from washington d. C. , heres gerri willis. Gerri welcome to washington. Today the federal government launches a chilean dollar and tennant Spending Program called obamacare in a daring in the middle of a new budget crisis. The shutdown of the federal government. Only in our Nations Capital with such an unworkable contradiction become a reality. I am sure your effort about the shutdown of a long. It will be shortlived. An agreement will be reached. Our main focus tonight and the one that will have the biggest impact on your wallet is obamacare, our goal is to help you navigate this law and now it will affect you and your left ones. Lots of questions, even as obamacare goes full steam ahead in our government assures us, hey, everything will be okay. Who is going to get federal subsidies for coverage and how much money will they get . Why dont we know what the deductibles are . The ultimate question, of course, w
Tonight on the willis report. Health care and the Government Shutdown. Big questions remain. Gerri live from washington dc, here is gerri willis. Gerri welcome to washington, the federal government is watching a trillion dollar entitlement Spending Program called obamacare. They are doing it in the middle of a new budget crisis and the shutdown of the federal government our goal is to help you navigate obamacare and how will affect you and your loved ones. Lots of questions even though obamacare is going full steam ahead. Everything is going to be okay. And how much money will they get . When we know what the deductibles are . The ultimate question is will this whole thing work or will it break the bank with more, Douglas Holtz eakin and a former cbo director and jon barrasso. Welcome to you both. Starting with the glitches, a map of the states that have glitches. There is almost no state that on this map. What happened . They were not ready and its hard to believe that after 2. 5 year
Government shut down, three days away from a well a make believe deadline, to raise the debt ceiling this is where were tonight. A deal is emerging. Between Senate Leader reid, and minority leader mcconnell, fox news confirmed that deal would Fund Government until january and suspending debt ceiling until february, Senate Democrats willing to accept spending levels until january. And an effort to have a battle over a new round of sequester spending cuts that kick in at the beginning of the year, medical device tax, imposed by obamacare, stays at the assistance of the white house. And senator reid. But a requirement that the government verify income eligiblability for obama carry subsidies is in the deal. Senators reid and mcconnell have all but forgotten about Speaker Boehner and house conservatives he must persuade to push this agreement through the house. Unless Speaker Boehner relies n House Democrats to pass the legislation. That would be a violation of the socalled hastert rule, a
Government shut down, three days aw from aell a make believe deadline, to raise the debt ceiling this is where were tonight. A deal is emerging. Between senate leadereid, and minoty leader mcconnell, fox news confirmed that deal would Fund Government until january and suspending debt ceiling until february, Senate Democrats willing to accept spending levels until january an an effort to have a battle over a new round of sequester spending cuts that kick in at the beginning of the year, medical device tax, imposed by obamacare, stays at t assistance of the white house. And senator reid. But a requirement that the government verify income eligiblability for obama carry subsidies is in the deal. Senators reid and mcconnell have all but forgoen about Speaker Boehner and hou conservatives he must persuade to push ts agreement through the house. Unless Speaker Boehner relies n House Democrats to ps the legislation. That would be a violation ofhe called hastert rule, and tt requires a majorit