Where Governor Phil Murphy will update on the pandemic response. This is live coverage on cspan. Our new work toward september 30 deadline for enacting a fiscal year 2021 budget, the challenge we face in balancing our wants and needs are going to be in nervous. Enormous. The revenue losses we can project stemming from the current emergency are drastic. A projected 10 million over the next slightly more than calendar year, through june 30 of 2020 one. Without a series of deliberate measures in place, much of what we will depend upon to lift us simply will not be there for us. We wont be able to support our small businesses. We wont be able to help families get back to par. All the work we have done to put our fiscal house back in order with backtoback surpluses and the safeties we have gleaned inherent in health care, all of that will be swamped. Certainly there are things that can help us mitigate some of this crisis. First we need washington to step up with significant direct physical
Cspan and the senate on cspan2. Briefing, newys Jersey Governor Phil Murphy announced he is increasing the number of people who can gather outside from 10 to 25 but with social distancing guidelines in effect. He also talks about the impact the pandemic has had on the states budget. Gov. Murphy good afternoon. Good morning, pardon me. I have already made a mistake. Im honored to be with the woman to my right who needs no introduction. To her right, another familiar face, the state epidemiologist. Thank you both for being here. To my farleft, the superintendent of the state police. To my immediate left, we have the honor to be joined by our state treasurer. We will get to liz in a minute but it is an honor to have you here. F officector o Homeland Security and other teammates. Before we get to liz, we have an announcement. Throughout the past week, we have taken the first few steps on our road back opening up toenues for people enjoy with the state has to offer and begin the recovery of
I can imagine. Good afternoon, everybody. Not exactly the easter weekend that irving berlin, fred astaire, and judy garland envisioned an Easter Parade but here we are. I am honored to be joined to my right with the woman who needs no introduction, the commissioner of the department of health. To her right is the state epidemiologist. Thank you for being with us. And another guy who does not need any introduction, the guy to my left, colonel pat callahan. I want to acknowledge jared maples, the director of Homeland Security and preparedness. Deputy counsel pamelas with us as well as other colleagues. Thank you for joining us. Permission and blessing some flying police colors today. I want to give the chief and his men and women a big shout out for all of the great work they do. I promise you, i still loyal to am the state police. I will find my state police car later again. Lets get to the numbers as we have been doing upfront of late. Since we met yesterday, we have been notified noti
The latest phil melissa, not surprisingly boeing will take a big hit when it comes to the q2 earnings that it reports next week lets run down the numbers the Company Announced within the last half hour it is taking a 4. 9 billion after tax charge that works out to 8. 74 a share. Thats for the Second Quarter. Essentially it comes down to the 737 max, they say it is due to concessions and considerations theyre going to be needing to make to customers, not only those they made in the Second Quarter but extending over the next couple of years revenue and pretax earnings are going to drop by 5. 6 billion in the Second Quarter or theyre going to be reduced by that much in the Second Quarter. Production costs in the Second Quarter, up an estimated 1. 7 billion, but we should point out that is accounted for over the life of the program so it is going to be extended out over many years since they have more than 4,000 737 maxes on order the assumption from boeing at this point is that the airpla
Us for this discussion are rear admiral mike to the men, former rector of intelligence, most recently the former commander of the office of intelligence and long serving people positions, including being the first Senior Intelligence officer for china as well as serving as the chief and the fleet forces command. Also with us is the former acting deputy under of defense for intelligence. And also my coauthor who wrote the report with me. Thank you for being with me today. Mike, lets start with you. The study we just released talks about the eroding nature of u. S. Dominance, the challenges that china poses as geographic and economic advantages. Where do we stand right now with our ability to deter chinese aggression. We were projecting ourselves and would not have found ourselves sitting in the news chair. I trust brian and we worked together on the navy staff. Brian has been working these issues and computing compounding intellectual thought and giving considerations for not only the n