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You very much, and welcome to our 13th virtual signature events of our 35th season. I wanted to thank all of you for joining us, we have with this today and number of special guests that i would like to mention the investor from singapore, we also have members of economic members of detroit, we also have members of economic of new york, and we also have a number of people who are members and our members guest. Thank you all for joining us. Today were going to have a Congressional Panel that are going to have medical panel. Our congressional pana, i will talk about us number of subjects including the recent attacks on the us capital, the political environment, security measures, and the way for to national unity. The two members that we have are very honored that are joining us today Debbie Debbie dingell brooks in the 12 district of michigan and shes a democrat and tom re ....
Of the United States. Its kind of our way, or the highway. Mississippi senator roger wicker on all of that very shortly, In The Meantime, to Mark Meredith on how this is all going down, fueled by not only the president stating that this is the only way to do it, republicans, at a jobs report which might have helped his argument. Mark . Reporter neil, good morning to you right that jobs report is having an impact on the discussions. President biden counting on house and Senate Democrats to pass his 1. 9 trillion Stimulus Package. Republicans want the president to reign in spending but the president made it clear yesterday that hes willing to do this on a Pa ....
Does he have the ability to do this, do you agree with the decision . Sen. Schumer i agree with the decision and i know that he will check things out legally. Thank you, everybody. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] a we take you live to discussion on fiscal policy in the Incoming Biden Administration and congress, hosted by the brookings institution. Size i think is ambiguous and policy occur through a political process. I would rather see something that is a little bit smaller but that could pass this week or next week, rather than wait for something that is a little bit until, but will not pass february. If you look at the output gap, i think a trillion dollars is a reasonable figure for the next round of stimulus. I think democrats should be willing to take a couple hundred billion dollars less than that. Repub ....
With the cares act in march and prevented the covid pandemic from doing even more harm to the economy and welfare of americans than it did. The cares act is essentially been spent, many people are about to lose benefits. Unless Congress Acts. And unless Congress Acts fiscal policy soon will be a drag on growth. They are still more than 11 Million People still unemployed by the official count. Most economists and certainly those gathered here today agree more fiscal support is necessary. Following that discussion, we turn to an issue predating the pandemic him one that persists. How to think about the federal debt and very low Interest Rates. Its growing and unsustainable rate. There is sentiment among comp economists for doing anything about that right now. When is a ....
Good morning welcome to squawk box. Im becky quick along with yoe kernen and mike santoli. Andrew is off today. Well start things off with the stock futures after some positive vaccine news drove the dow and s p 500 to record highs. Dow giving back some of that ground, down by about 100 point, but remember how far they have marched for the last three weeks. S p is indicated down by about 14 points and then the nasdaq is indicated up by about 12 points. We do have some breaking news from amazon and better that coocoo Bertha Coombs ohas that story they are launching a full Online Pharmacy building on its acquisition of pill pack the new pharmacy is innetwork with major insurers and medicare and patients can pay for their prescription copays with funds from their Health Savings accounts just like they were at any pharmacy a ....