Already been priced in. There are others who are saying it will be a huge jump in the markets. Dana well watch the markets. Why does it matter to me or mom and dad watching at home . A quarter point is what were expecting. Dana it is official. They have now cut. Is that what you expected going from 2 to 2. 25 . Its interesting to see what happens in the rest of this commentary, the press conference and whether or not it signals more cuts to follow. Theres a lot of talk about potentially this being a half percent. Its only a quarter, but if he signals there may be more cuts in the year to follow. Dana do we need more cuts . My view, no. I think the economy is incredibly strong. Every piece of data that comes out is stronger than the next. Its more about whats going on around the world. Dana i have read that today. Europe is seeing a slowdown. Are we just trying to get ahead of that . Thats right. What were seeing is this little slowdown. All hesitation from businesses. Last friday we got gdp numbers at 2. 1 . No doubt the economy is really good here in the United States, but youre starting to see a bit of a slowdown. Businesses are uncertain. Why is that . Trade dispute with china, mexico, europe. And so this could affect a lot of americans when it comes down to even their credit cards Going Forward. Dana little bit of a market dip there, on this news that there is a quarter point rate cut. We are going to talk about why this matters to moms and dads. I read Federal Reserve stuff over and over again. Its kind of hard to understand. When it comes to the rate of your credit card, your mortgage and car loan, that could make a big difference. Lets unpack that. Mortgage rates came down dramatically. In november they were 4. 8 . They are now 3. 75 . As the market starts to lower the yields on bonds, so, too, did Mortgage Rates go down. Thats been happening. Dana thats good for consumers who want to buy a house. If you bought a deal, you got great rates. But it happened already. That cats sort of out of the bag. What will be interesting is to see how Credit Card Companies and revolving companieds treat this. If you have a home equity line of credit, probably comes down quarter percent. If you have a credit card, it probably wont come down. Dana every u. S. House hold accrues 1500 a year. The delinquencies are up 22 since 2015. You Pay Attention to that. Yes, 100 . Whats happened with those credit card rates, where they can charge them, they will, but not every state lets you charge that high rate. So whats going to happen, you may see quarter point. As the economy grows and credit becomes more available, i think what youll see offers for more credit cared. Dana typically, as the Federal Reserve would reduce rates when the economy is in trouble. Our economy is not in trouble but youre saying its possible the World Economy could be coming here. The wall street journal, editorial writing today, that the federal chairman likes to say fed decisions are data dependent. This contributes to the suspicion in markets that the fed is trying to accommodate mr. Trumps public demand for rate cuts. The president has not been shy about that. We know that. Theyre supposed to be independent. Which is why in this q and a with reporters, we will be looking for signs to say why he is doing it. You have the good numbers. Dana hes got different audiences. The president is an audience. Moms and dads are an audience. Of course, his peers. Overall, we have a strong economy. The expectation is that you wont see that much of a change with your Credit Card Debt which will pass over. Dana stick around, we may have to come back to you. Thank you. Joe biden taking center stage tonight gearing up for a battle as 2020 democrats face off in detroit. There was no mention of the partys front runner in last nights debate. Not a single one. Heres a taste of what they were talking about though. They will be better because medicare for all is comprehensive and covers all Health Care Needs for Senior Citizens, it will finally include dental care, hearing aids and eye glasses. Second of all you dont know that bernie. I do know it. I wrote the damn bill. We need to fix the crisis at the border and a big part of how we do that is we do not play into Donald Trumps hands. If he wants to stir up the crisis at the border. Thats his overall message. If theres anything wrong in your life thank you, senator warren. Your response. But you are playing into Donald Trumps hands. If were going to force americans to make these radical changes, theyre not going along with it. Throw your hands up. [ laughter ] you havent implemented the plan. Dana throw your hands up indeed. I was throwing my hands up when they went into the third hour. I thought it was only going to be two hours. Whats going on there in detroit today, peter . Reporter well, i just wanted to give you a quick frame of reference for where all of the candidates and their staffs go as soon as they leave the stage there. Very nice theater. Cnn actually built a tent to host the debate. They have the giant tent. It is very well air conditioned. You can see they have their own shows on a lot of the tvs. These are the tents where or the tables where the entire International Press corps is going to be camped out eventually. You can see they are slow to come in because it was a very late night last night. And then, this is basically just where everybody is going to start lining up to get a position to be as close to this door as possible. This is the door, this is as close as they get us to get to the actual stage where the debate will be happening tonight. So if, once things are done, if Kamala Harris, Elizabeth Warren or cory booker wants to come to say why they did a good job or why something needs more explaining, they come out here and everybody is elbowing each other to get a spot and we have them a chance to ask them questions about it, theoretically. If they think things need even more explaining, all the networks have stalls here. Ours is right here. This is where Shannon Bream will be doing her show. Dana no one puts Shannon Bream in the corner. Who was the person who had the most explaining to do last night . Reporter last night here in the spin room, i will say most of the attention wound up being on two people, Mary Anne Williamson, who had the line that got the loudest applause when she said she used to live in grove point and the flint water crisis would not have ever happened in grove point. That was well received. People had questions to her about what she meant when she started talking about dark psychic forces in regard to the current administration. There was a lot of attention on beto orourke. Specifically, people just wanting to know, did he think that he did a good enough job on the debate to maybe stablize the campaign that has had poll numbers that have been sliding ever since he started pretty close to the top. Dana we are showing video from the spin room. I think a lot of candidates have a lot of explaining to do when they go back to their Campaign Headquarters to figure out how they keep going. The voters are narrowing it down. We have more to come tomorrow night. We will check in with you tomorrow. Peter doocy, thank you. The healthcare debate took up a huge amount of time. We should stop using republican talking points in order to talk with each other about how to best provide that healthcare. We dont have to go around and be the part of subtraction telling half the country who has private Health Insurance that their Health Insurance is illegal. Why do we got to be the party of taking something away from people . Used to be just republicans wanted to repeal and replace. Now Many Democrats do as well. Tkfp mary anne marsh, colin reed, great to have you here. I know we all watched. I thought it was two hours. But do you know what . Got a lot of information out of it. I want to go to you first colin. Who won the debate . I think senator war len had another good debate. She was able to articulate her policy vision. Stuff i dont agree with, but i think a lot of primary voters do. Secondly, she came out of that debate untouched by her primary opponent. She took no friendly fire and there was none of the differences against her or her record. I think senator sanders at some point if he wants to have a chance in this race, but didnt last night. Dana what do you make of that, sanders and warren almost seem to have an alliance of fighting back as revolutionaries against moderates. Theres no need for them to go at each other yet. They wanted to show a united front, that a liberal progressive could be the nominee. Thats sort of what this debate i think will be remembered for. Moderates going against the liberals and who won out . I think the media, d. C. Bubble, twitter, found the liberals to have won, including warren. I think you had john delaney that made a very powerful case for the moderate wing which is sort of the rest of the country. Dana youre shaking your head. It didnt feel very powerful, the moderate wing, in terms of their argument. Especially in a year where people want to defeat donald trump. I think the reason warren won is she didnt draw a contrast between herself and Bernie Sanders, as the progressive. At the same time, look like a really smart progressive compared to the moderates who are making arguments that democratic activists dont want to hear. Dana but some people are out there, like claire mchaskill. She was on television saying im just going to try to plainly speak with you folks. This might not work if you try to go too far left. Watch. If you start saying that were gonna let folks coming across the border have no criminal penalty and were going to allow them to get access to free healthcare, through the medicade program, you are going to lose a whole slew of the voters. Dana you leave washington, d. C. You get more frank with people. Look, the polling with the moderates, you poll medicare for all, democrats want universal health coverage. Dana aoc last night tweeted thats the same thing. The minute you tell them private insurance goes away, the polling plummets for it. I think theres a problem that a lot of voters, insiders play this game. Lot of voters, you tell them youre taking away their healthcare, support plummets. Bernie and warren are going to have to wrestle with that. Dana President Trump will be happy to define it for them. Look, lot of those candidates on that stage arent going very far. But what they did, the purpose they did serve was to push bernie and senator warren to the left on that issue of eliminating private healthcare insurance. This is the fifth straight election were litigating healthcare. I thought these problems were supposed to be solved by obama care ten years ago. Dana its still the number one issue people worry about. Joe biden last night tweeted this. Lets clear up the confusion about medicare for all. We have the facts. Cost three times more than joe bidens plan, only paid for by raising middle class taxes. Healthcare probably will be another topic tonight, right . Thats where you have Kamala Harris, joe biden already attacking her. Expect fireworks tonight . On some topics but certainly on healthcare, no question about it. Because it is the number one issue for all voters. Thats how democrats won in 2018. No question, youll see joe biden tonight hugging the obamacare model which was still the most popular thing around. Can Kamala Harris run a contrast . Is there a better, different way to go about it. Dana can she explain her bill . Thats her problem. Shes had a couple different problems on healthcare. That will hurt her tonight if she doesnt nail one down and stick to it, especially on a topic thats so important to democrats. At least democrats run on healthcare. Republicans dont. Dana Elizabeth Warren had a line last night where she talked about some big ideas for democrats. To me, she was trying to grab that mantle that, i am not the establishment, i am different. Lets listen to Elizabeth Warren on that last night. We dont have it . Okay. Ly tell you what she said. She said, we are not going to solve the urgent problems with small ideas. We are going to solve them of being a democratic party. Big structural change. Is that what you think the voters want on the primary side but not the general election . I think policies Elizabeth Warren are popular in a small area. I think when they are litigated out and the cost associated with some of these things, i think theyre far less popular. Some of these candidates are going to need to start attacking Elizabeth Warren because she is on the rise. Dana do you think she has been able, at least with democrats, to put, as President Trump calls her, pocohontas, behind her . I dont think shes put electability completely behind her. Competency is warrens strength. Nobody questions how smart she is, how big a brain she has. She knows exactly what she thinks. She is the most clearly defined democratic candidate, i think, of all 20 you will see on these stages. But her electability i think and the fact that shes moving towards Bernie Sanders, closer to him than the rest of the field, will stick in a lot of democrats minds. Dana you dont think so . Elizabeth warren is the most formidable candidate in this field now because she took such a beating in the beginning on that very topic when trump went after her. Not only is she still standing, shes visibly in second place. Dana what about Mary Anne Williamson . You look at the google trend people, who is Mary Anne Williamson . Most googled thing last night. Except montana, when people are googling whether is steve bullock, which is the governor of montana. What do you think . People wanted to know who she was. Mary Anne Williamson wont be the nominee and unlikely to even make the next debate. Dana did she make it more entertaining . Return to love. Lot of love. You guys are gonna return to love on the daily briefing. Were gonna see you a little bit later in the show. What did you mean when you said you arented going to be as polite in the next debate . Well see. Dana joe biden promising no more mr. Nice guy tonight. So what does he need to do . Ill ask former Obama Communications director. Shes here next. Plus the white house taking aim at the high cost of Prescription Drugs by looking toward our northern border. Well have debails ahead. If youre the spouse of a military veteran, i want you to know something, your spouse has earned the right to apply for a va home loan. A va home loan is unique, its different than other home loans, because it allows you to borrow up to 100 percent of your homes value. That extra borrowing power may allow you to pay down debt, lower your monthly payments, put cash in the bank, and give you the peace of mind that every veteran deserves. Our mission is to provide complete, balanced nutrition for strength and energy whoohoo greattasting ensure. With nine grams of protein and twentysix vitamins and minerals. 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President obama was hardly mentioned. Maybe they moved on . Hes the most popular figure in the democratic party, by far. Dana Everyone Wants his endorsement. One of the most Popular Figures in the country. I think people felt the need to make their own argument. Dana when joe biden, obamas Vice President , now candidate. When he tried to harken back to the obama days, how does that sit with democrats . Its nice, right stphr right