[applause] thanks, lynn for that very kind introduction. One thing you didnt mention which was fine was that there is a picture of the Cabinet Meeting in todays new york times. And if you look new york times. And if you look closely youll see the back of my head. One of my colleagues said arent you glad you got your haircut this weekend . Im delighted to deliver the address here again. At last years conference i spoke about the progress that we had made recovering from the worst recession since the great depression. I also discussed the near term outlook for the economy. I emphasized several reasons to be cautiously optimistic about the economy Going Forward. Despite uncertainly about government fiscal policy and the lingering effects of the financial crisis that were then and continue to be head winds for the recovery. Im sure you are all aware our economy has continued to recover over the past year. Real g. D. P. Has now grown for 14 consecutive quarters. While many developed economi
New cabinet will play a bigger role in the president s second term. We will take your calls in a moment. For republicans, 2025853881. For democrats, 2025853880. For independents, 2025853882. Send us a tweet, twitter. Com c spanwj. Or post your comments on facebook. Com cspan. You can also e mail us, journal cspan. Org. Here is the front page story this morning president obama, facing a limited amount of time. Host president obama, wanting to rely on his cabinet more in his second term. Your take on that this morning . You are dialing in now. More from the Washington Post. Id says added influence. It says added influence. Host the Washington Post also reported that for his inner cabinet, the top positions at treasury and justice, obama has tapped loyalists who have been with him since his first days in office, but for the outer cabinet he has elected relative strangers. Here is president obama yesterday talking about his nominee for top budget chief, Sylvia Matthews burr well. [video cl
Tracy good afternoon. I am tracy byrnes. Ashley and i am ashley webster. Congress off this week. Tracy talk about sticker shock at the pump. Gas prices climbing 432 straight days. I have cried every 32 of those days. Ashley immigration outrage. Working on a bipartisan answer. They are getting riled up. So is lou dobbs. He will be weighing in. Tracy if you have a job, you have felt the tax hike. Ashley president s day. Good afternoon to you. President s day is what matters sales and auto sales. The u. S. Holiday resulted in low trading volume. The market reacting. Risks to the euro zones recovery. Speaking of europe, by the way, is the u. S. Going the way of greece . Check out the front cover of the latest addition. We follow president obamas plan, the u. S. Will be in worse shape than greece is today. It will take 25 years, maybe sooner. The federal debt is the problem. We have to make serious spending cuts now. We could be like greece. Interesting. And frightening. Tracy nobody is cut
Pivots from iraq back to syria im told by several officials there have been multiple meetings at the nsc in the last week focused on syria. Secretary of state kerry is trying to get everyone from allies from russia to iran to a political road map. Were not talking about a military strike to get rid of him. Im told theres talk about expanding the trainandequip program coming up for the rebels. The white house is pushing back on the idea of a formal review. Take a listen to Deputy National security adviser ben rhodes. Theres no formal or strategy review of our syria policy. What there is, is a strategy for degrading and ultimately destroying isil that requires us to take a hard look at what were doing on a regular basis. Weve had regular meetings that the president has joined with his National Security team on this issue. And syria has been an important subject at those meetings. So call it a calibration, call it a review. One official called it a quote vigorous assessment. I think there
Referendum results. The eu has voted to leave the European Union. And in the aftermath of that, the british Prime Minister David Cameron has said hell resign in around three months from now. That will take us up to october, the time of the British Political Party conference season. So thats the time when David Cameron will go. Now we await to see who will step in to lead britain in this new route. The people of the uk voted to leave. And a couple of hours ago, David Cameron saying hed resign as Prime Minister. Obviously, president obama in the United States has been kept informed overnight. The president is on the west coast in San Francisco doing some events concerning entrepreneurship. Its expected that mr. Obama will speak to David Cameron some time in the next 24 hours. Obviously, to determine how the relationship between the socalled special relationship goes on. Even though nothing changes immediately. As for the Prime Minister, he has just seen his political life implode. He sai