Ends of the week. Sr the a p and nasdaq all the s p also finishing down. Political turmoil in washington can delay the president s plans for tax reform. The white house disclosing a plan that would balance the tbhijt a decade, but it would entail deep cuts to many programs including food stamps and medicaid. A global cyber attack left businesses, banks, scrambling to protect its files. One Company Caught up in this, the media giant disney. The hackers threatening to release pay roots of the caribbean. The ceo says they refuse to pay ransom. Maria some investors are wondering if the economy will be Strong Enough for the Federal Reserve to raise Interest Rates two more times this year. Joining me is the former Federal Reserve chairman and the author of courage to act. There is an expectation the Federal Reserve will continue raising Interest Rates. But whats your sense of the economy. A lot of people are wondering and questioning whether this is Strong Enough to see a spring of Interest
Positive solutions to save and strengthen and secure medicare, medicaid and social security. And i cant wait to have our new members on the Budget Committee sink their teeth into these wonderful issues that are so important to solve if were going to get our fiscal house in order and create an economy that will thrive and grow. Third, i think that we have on the conservative side, we have either ignored or put on the back burner come back in, everyone grab their seats. Well begin our next session. We are excited to have congressman jeff duncan talk about his xpand act and the broader topic of energy across the country. I know senator demint is particularly excited the South Carolinaen on stage. I think you all know that jeff duncan has been a consistent conservative voice since coming to washington in 2010. That really, really important year of 2010. That class was really huge because it was a tea party surge sent here to washington to reform washington. And well hear later this afterno
That increase highquality Educational Opportunities for every child. As chair of this caucus, ive had the opportunity to visit Charter Schools private schools and Online Learning Centers Across the country. One of the most impressive experiences i had was right here in washington, d. C. At basis Charter School. Basis teaches an elite advanced liberal arts curriculum utilizing latin, algebra and advanced science concepts in the fifth grade. The results of the school are off the charts. Theyre educating kids from every single zip code in the washington, d. C. Area. I participated in a question and answer session after these classes with the students, and they were smart talked a lot about hard work, extra hours after class and the challenges of their curriculum. They were proud of their opportunity. But their number one concern was how we could ensure that their friends, neighbors and relatives had the same kind of opportunity. Thats powerful. These kids recognized that the freedom to ch
Enemies than what we already have, and we want to bring many of them over to our side. So we have to be careful, i think, how we approach that. And you all know this better than i do but i think we need to learn more about other countries and other peoples and other cultures. My favorite example of that, i was privileged to be a joint chief of staff. And every year admiral lyons and the rest of us would order us to go down and steam around haiti. And every year we would go down and steam around circles in haiti and every year some Phi Beta Kappa on the joint chiefs of staff would announce were going to drop leaflets and every year i would remind them, its a great idea, but they cant read. And then we used speakers and spoke creole. We dont know what were talking about here in a lot of areas. Were not the most brilliant people in the world. If i want to thank the panel. I think youre on the right track. Somehow you failed to mention how were going to how were going to take advantage of
Influenced by a car tell. Its clear who gains from this scenario the Oil Exploration and production companies, many of which are foreign owned. With all the crude coming out of north dakota, wyoming, texas, pennsylvania and other states helping to push prices down, these Companies Want to lift the ban and sell u. S. Crude on the Global Market at higher prices largely determined by opec. And its equally apparent who would lose the american consumer, who would pay more for gasoline, more for heating oil and more for the price of an airline ticket. In in fact, according to barclays plc, lifting the export ban would stop the decline in u. S. Crude prices and cost american motorists as much as 10 billion a year in higher prices at the pump. Our countrys refinery workers also stand to lose from lifting export limits. Some recent history can help explain why. Before the shale oil boom, there was too much capacity in refineries in the northeast and along the gulf coast and many were closing. I