Viacom . Straight to the markets desk, where julie hyman is looking at the final read of durable goods orders in a market that seems relatively calm today. Julie relatively calm, that is the key word. ,e are seeing a drop of 5 bigger than the initial reading of 4. 5 . That is a little bit larger than the original read. Excluding transportation falling by 1 . When these numbers initially shock,t, that created a ,ne of the first pieces of data more of a bumpy one on the economic front. It seems calm her on a relative basis. If you look at the stocks i am moving at the moment, a couple of the big earnings stories. , telestrating lower. The big story is not just Conoco Phillips trading lower. The big stories not just the earnings report. Cutting Capital Spending after reporting its biggest quarterly loss in almost a decade. And why this is so important is a lot of the oil majors still have relatively high dividend yields. That is one of the things that provides a floor under some of these
A special willingness to Work Together. For our first 45 minutes we want to see about your ability and confidence and congressional leaders. Here is how you can call in this morning twoway end. Two ways. You can tweet us or send an email. We invite you to check out our facebook page. The headlines for this meeting yesterday reflect the same type of town seen in the Washington Post this morning. A picture of president obama and john boehner. The upbeat tone was a dramatic shift from recent years when the president and a gop fortified by antigovernment activists clashed repeatedly over spending and taxes. If he were to go to yesterdays New York Times, they have a listening are at least pictures of the key leaders that will be involved in this process. To show you where they stand specifically on some issues, here is the president saying he will reject any bill that extends tax cuts for the wealthy. Here is john boehner who has said raising tax rates is unacceptable and a new revenue shou
Congressional leadership. I want to thank them for their time. We are well aware that we have important business to do. We have to make sure that taxes do not go up on middle class families. We need to make sure our economy remained strong and we create jobs. That is an addendum that both parties and independents and people throughout the country share. Our challenge is to make sure that we are able to cooperate together, work together, and find Common Ground. Make the compromises and find some consensus. I think all of us agree. We need to be focus on them and not on politics in washington. My hope is that this will be the beginning of a free fall process fruitful process and we are able to balance our deficit in a balanced way. We will be focusing to make sure that middle class families are able to get ahead. I want to thank all of the leaders for coming. With that, we will get to work. Thank you. There is one other point i want to make. Tomorrow is House Speaker boehners birthday. F
Globally, countries, the United States has had the capability, and even in this period of time, but secondly, it is the United States that has taken the responsibility and stepped forward. I cannot point to another country that has been willing to take that responsibility. Having said that, david refers to how we are modifying some of our approaches in dealing with that response ability in maybe a more costeffective way. But also, having said that, i would argue that i think there is going to be a big debate over this issue because there are many different ways of advancing strategic interests. Let me with that go to the first question on diplomacy, development and defense. I think any of you may know and certainly our members of congress here would get the question from many americans, they think there is an extraordinary sizable amount of foreign aid we spend abroad, when the fact is it is less than 1 . That investment is a form of leadership. It is an investment in safeguarding othe
Your thoughts be known and your ideas for fixing congress. Weigh in. You can here are the phone lines. For republicans, 202 5853881. For democrats, 202 5853880. For independents, 202 58538 2 2. Respond onweet, facebook or send us an email. The gallup poll looks at confidence in the congress. If you look at the pole and go back to the mid80s, you can see that Congress Congressional an uptake bys at 2003 at 30 . Leading to the current day in 2014 with 7 percent of respondents saying they have a great deal or quite a lot of confidence in congress. Have confidence in congress, you can let us know. You may want to share your ideas for fixing congress. 202 phone lines, 5853881 for republicans. 202 5853880 for democrats. 202 5853882 for independents. And onal media, cspanwj facebook. About 90 people responding on facebook. Com cspan. Send in enough to journal cspan. Org. Lets find out about activities in congress this week with Cristina Marcos of the hill, she joins us on the phone. Guest goo