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right now, two separate senate committees are drilling into u.s. and china relations. in the wake of that chinese spy balloon entering the u.s. just last hour senator jon tester made the stakes abundantly clear. >> china's a real threat and one we need to take seriously, which is exactly why we're here today. >> house members this morning receiving a classified briefing on the balloon ahead of a vote scheduled just a few minutes from now to condemn china's use of a spy craft. senators are set to receive an all members briefing of their own in about 30 minutes. all of this happening a...

Enough winter operations resiliency. from where and how we de-ice aircraft to the cold -- of our ground support equipment and infrastructure. >> southwest says they're investing more than a billion dollars to upgrade their net welcome and plan to add staffing to handle weather disruptions in the future. some difficult news out of the most magical place on earth this morning. disney has announced it will cut 7,000 jobs as part of an effort to cut $5.5 billion in costs. it marks the most significant action from ceo bob iger since he returned to his post in november. joining me now is cnbc's mo...