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possible recession as one indicator of a possible downturn is again pointing in that direction. that would be the inverted yield curve on bond purchases which economists consider a historical predictor of recession. at the president's supporters say this time could be different but the jitters about the economic future are real. rich edson starts us off tonight from the north lawn of the white house with how the president is fighting the perception. >> now that the president has considered and ruled out a temporary tax break to boost the economy in the short term, white house top economic advisor larry kudlow just told fox business the administration is considering a second longer term tax break package and one the administration could unveil during the president's 2020 reelection campaign. president trump presented the medal of freedom to nba legend bob koozie at the white house. still facing questions about the economy. >> the job numbers have been
>> bret: tucker as always thank you. we will see you 8:00 p.m. on the fox news channel. >> thanks, bret. >> bret: monday's solar eclipse a big deal or much to do about nothing? here is what fox around the country is covering tonight. fox 18 in montgomery four gourds men killed in eastern afghanistan is remembered during a candlelight i vigil. staff sergeant died wednesday when he entered booby trapped building that then exploded. fox 6 in milwaukee as the wisconsin state assembly passes $3 billion tax break package for taiwan based electronics company foxconn plans to build a massive lcd panel in the state. supporters say it will create 14,000 jobs. critics say it will be at least 25 years before the state makes its money back. there is a live look at boston. a rainy boston from fox 25. our affiliate there. the big story there tonight. boston's mayor and police
>> bret: tucker as always thank you. we will see you 8:00 p.m. on the fox news channel. >> thanks, bret. >> bret: monday's solar eclipse a big deal or much to do about nothing? here is what fox around the country is covering tonight. fox 18 in montgomery four gourds men killed in eastern afghanistan is remembered during a candlelight i vigil. staff sergeant died wednesday when he entered booby trapped building that then exploded. fox 6 in milwaukee as the wisconsin state assembly passes $3 billion tax break package for taiwan based electronics company foxconn plans to build a massive lcd panel in the state. supporters say it will create 14,000 jobs. critics say it will be at least 25 years before the state makes its money back. there is a live look at boston. a rainy boston from fox 25. our affiliate there. the big story there tonight. boston's mayor and police
if you're a saver, your c.d. rate will go up a little bit. it's reversing nine years of declining and flat interest rates and setting the stage for increases in the future. >> and the good news is obviously the economy strong enough to handle it according to the fed for the first time in a very long time. >> this is a much debated subject. the private sector is not as convinced as the fed. >> lawmakers introduced a sweeping year-end spending and tax break package that breaks through a previously agreed to budget limit with $66 billion in new spending for 2016. the deal itself is worth over a trillion dollars and includes an array of tax benefits, which will reportedly add over a half trillion dollars to the federal deficit. >> i like the fact they ended
this. the private sector is not as convinc convinced. >> the charts lighter. >> no. idiot. can't wait. >> i can't wait. >> i can't wait. >> the charts are hot. >> the charts are hot. >> lawmakers introduced a sweeping year end spending and tax break package that breaks through a budget limit with $66 billion in new spending for 2016. the deal itself is worth over a trillion dollars and includes an array of tax benefits which will reportedly add over a half trillion dollars to the federal deficit. the house will vote on the deal tomorrow. president obama is expected to sign it. >> a lot of good things on this deal actually. i like the way they ended the oil expand.
bill: here is fox news alert. live look at floor of the house. they are getting ready to vote on $2 trillion worth of legislation. chief congressional correspondent mike emanuel is counting all the pennies live up there on the hill. good morning to you. washup first in the house today? lay this out? reporter: bill, first up is a tax break package which is the house is due to vote on in procedural vote this hour. it would extend some two dozen or so tax breaks, make them permanent. it is a $650 billion package. it will also delay three obamacare related taxes cadillac, medical device tax and insurance sales tax. house speaker calls this an important deal. >> this is one of the biggest steps toward rewrite of our tax code that we've made in many years. it will help us start a pro-growth bold tax reform agenda in 2016. reporter: bottom line the house will vote today on tax break package. tomorrow they vote on government funding package.