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>> this is a politics bill that has gender identity language in it and open federal causes of action for gender identity lawsuits, this has a climate change agenda in it, the green new deal in it so this is all fueled with porkbarrel spending. >> the bill put the government in red, the congressional budget office estimates the measure will add $256 billion to the budget deficit over a decade. todd: texas, greg abbott calling for second special session of the state legislature, it will begin 12 hours after the first special session ends. they flee to dc to flock to republican voting bill. two o...

Structure bill heard the congressional budget office where you used to work says that it would widen the federal budget deficit by $256 billion over ten years. now that's not what the proponents of the bill were saying. of course it does have republican support. senator rob portman asking his colleagues to pass it. take a look at the tweet from senator marco rubio. he says the massive bill is not as claimed, fully paid for and add 300 -- $350 billion to the national debt, everybody wants infrastructure, but what about that? >> that's right, only 47% of it is paid for, borrowing the remainder $...

Critics aren't so sure it's worth it. noting community colleges traditionally have high drop-out rates and often don't lead to top dollar jobs. >> community colleges don't have a great history of setting people up for high earnsings. so if we're get being people going to community colleges instead of a higher quality institution that they would have gone, absent this additional funding, then we're actually making that person worse off. >> reporter: another potential pitfall, biden's plan is a mixed bag for states, with some paying more to support community college plans than they already do. b...

Money stream. wall street closed flat yesterday. it was enough for the nasdaq to eek out the second straight record high. this is season. the fed's two-day meeting. the recent slowdown in economic growth will be watched. apple's iphone sales down. reported earnings after the close while overall sales rose. tim cook blames the rumors of the iphone 8. apple its first yearly decline in sales since 2001. there is good news for apple. reported $256 billion in the cash stockpile. the majority of that in banks overseas. that is more than the entire value of walmart and coca-cola and disney.

Wall street closed pretty flat yesterday but enough for the nasdaq to make it another record close. the market being helped by a robust earning season. wall street keeping an eye on the conclusion today of the fed's two day policy meeting. we're not expecting a rate hike but looking for comments about the slow down in economic growth. april tell iphone sales are down. earnings were reported after the close. iphone sales fell 1%. apple ceo tim cook blames rumors of an upcoming iphone 8 for the drop. sales for the smartphone went into a slump last summer earning apple's first decline in sales si...