Pushback. Jay has been critical of governor carnie and his campaigning ahead of the bricks referendum. Brexit referendum. David he thought he had his thumb on the scale a little bit. And the possess schism coming ut of the f. C. S. Fx market. David love it when bears capitulate. And we will talk about the feds next move with Mohamed Elerian. He will join us in just a moment. But first, john, youre taking a look at those markets. Jonathan i am, thank you very much. Lets get straight to it. In the equity market, the ftse 100, a touch firmer at 1 . Futures coming back a little bit. In the last 24 hours, the real story has been in the fx market. Its been a story of dollar softness and sterling strength. Five Straight Days of sterling strength. We come back with a touch with a cable rate. Coming in about. 4 of 1 . The move yesterday in the bond market, fascinating. Across the treasury curve, yields come in at the front end specifically. 734 . Down from 80 to weve had u. S. Manufacturing in
Host you can also catch up with us on social media. Host a very good monday morning to you. The president s fiscal 2016 plan which kicks in october 1, proposes to spend 3. 99 trillion on the budget plan, just under 4 trillion, and projects revenues of 3. 53 join dollars. That would leave a budget deficit of four and 74 billion kit that will be the topic of conversation throughout the this morning on washington journal and is the topic of conversation on the front page of many newspapers. Los Angeles Times budget aims to boost middleclass. Over to the front page of the wall street journal this morning, obama opens bidding on taxes. Front page of the denver post this morning president would find huge projects for corporate with Corporate Taxes is the headline there. This is how the New York Times puts it. Should washington worry about what may be the defining economic issue of the era, the widening gap between the rich and everyone else, or should policymakers primarily seek to address a
Chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate. The chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and minority whip limited to five minutes. But in no event shall debate continue beyond 1 50 p. M. The chair recognizes the gentleman from pennsylvania, mr. Thompson, for five minutes. Mr. Thompson thank you, mr. Speaker. Mr. Speaker, the 25 fund act of 1980 required 25 of the tax receipts from timber harvested from the u. S. National forest to be returned to the counties where the tax receipts originated. Since local property taxes cannot be leffveed on federal lands, these dollars along with payment in lufe taxes, or pit funding, are critical in National Forests and other federal lands. This is because the 1908 law specifies that they directly support local schools and road activities in National Forests. Unfortunately
Morning long. Good day, have been it is tuesday january 27th. Yes, it is 3 00 oclock in the morning. Wow. So, heres the thing. Wide awake. Kid are out of school as lauren said caitlin will they have any snow to play with on this play with. For every inch of snow we go on an hour earlier. One hour earlier, 1 inch of snow. Oh, great. So we do have some snow out there, here is our system. It is moving on shore, we have been waiting for it the all night and starting to spread into boston, new york city, philadelphia a a little bit on the bubble there. We had snow showers back out to the west and in between there has been an area of sinking air where you cannot get snow to fall. Very dry. We knew there would be a sharp cut off ape that cut off is over the philadelphia area. Here are bans of snow through with bucks county straight down through Philadelphia County. The just not that far in Delaware County there is nothing. The they are likely not going to see anything as we go through the res
The one moment in history that redeemed Churchill of all his flaws was the Second World War. Through awe-inspiring speeches and a fiery spirit to win, Churchill wiped away his unpopularity, saving himself from the disgrace accorded to Hitler and Stalin.