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Democratic and republican members of the House Armed Services committee over the pentagon plan to devote 3. 8 billion to construct more border wall. The pentagon is asking congress to approve a 705 billiondollar budget for fiscal year 2021. This hearing is three hours 35 minutes. We will go ahead and call the committee to order. Good morning, everyone. We are gathered here this morning from secretary of defense doctor mark esper and chairman joint chiefs of staff general to hear about the proposal for the department of defense. I will start with some good news or start by thanking the witnesse...

General to hear about the proposal for the department of defense. I will start with some good news or start by thanking the witnesses for being here and further service to the country. Both served their country in various capacities for a long time, not an easy thing to do. I appreciate that and look forward to continuing to work with you. Unlike last year, we have a budget agreement, and last year we spend a lot of time talking about how difficult it is to run while anything in the government but certainly the department of defense without Appropriations Bills in a timely manner. Last year we...

I will start with some good news well, first of all, i will start with thinking our witnesses for being here and thanking them for their service to our country. Further service to the country. Both served their country in various capacities for a long time, not an easy thing to do. I appreciate that and look forward to continuing to work with you. Unlike last year, we have a budget agreement, and last year we spend a lot of time talking about how difficult it is to run while anything in the government but certainly the department of defense without Appropriations Bills in a timely manner. Last...

Slowing economy. Joining us for the hour, stephanie link great to have you. What do you make of this market right now . I have fatigue over trade i really do. Its impossible every day it changes. So im trying to ignore it and focus on fundamentals. Today i thought we got some good data on the economy. The philly fed better than expected vince were better than expected meaning he they went own maybe were bottoming. Lets see the flash pmis tomorrow existing home sales up 5 yearoveryear good consumer, lets talk retail earnings have been very good Minus Department stores and some one office. I thi...

And chatter about this happened at least one person alluding to someone who have been burned to death by isis on january 8th. That went no further. There was hope that the pilot was alive but in fact probably was not and what had happened with the japanese journalist is amman, jordan the government said that it would release the hostage, the detainee executed today. These are inverted and turned around. It was a fascinating theater by isis and the jordanian government calling the bluff of isis on whether they were holding this pie lot or not. Interesting words. Fascinating theater orchestratin...