Recognition between the parties with each party limited to one hour and each member other than the jotyndinit leaders d the noty whip limited to five minutes but in no eve shall debate continue beyond past 11 50 a. M. The chair recognizes the gentleman, mr. Fleischmann, for five minutes. Mr. Fleischmann mr. Speaker, chattanoa, tenssee the great state of tennessee and our nation lost a wonderful man last friday. Scotty probasco my dear friend, passed awa suddenly. All this week we have had memorials tributes, eulogies, all justly deserved for this great man. I was wondwhearg i was going to say today as i put togethe these notes but i wantll of america to know about this special man and my dear frnd. Scottie was born on november 26, 1928. He attended the bride school in chattanooga. He attended the Baylor School in chattanooga. Dartmouth college and thethe Wharton School at penn. He was a gifted man a very bright man. A great business man. But he was a giver. As i was thinking thiseek wh
Eternal god, we give you thanks for giving us another day. Lead us this day in your ways that our nation might be guided along the roads of peace, justice and good will. Grant strength and wisdom to our speaker leaders and members of both the peoples house and the senate, to our president and his cabinet and to our Supreme Court. Bless as well the moral and military leaders of our country and may those who are the captains of business, industry and unions learn to Work Together toward the Mutual Benefit of all, walking in the ways of righteousness and working for the highest good of our beloved land. Bless us this day and every day and may that is done within the peoples house be for your greater honor and glory, amen. The speaker pro tempore the chair has examined the journal of the last days proceedings and announces to the house his approl erf. Pursuant to clause 1 of rule 1 the journal stands approved. The pledge of allegiance will be led by the distinguished gentleman from michiga
Every morning here since the election. Fiscal cliff, big, big issue. There are now, it seems, growing numbers of people on both the right and the left who would like to see us just go over that fiscal cliff. How big of a problem would that be . That would be a big problem. I actually still believe that those the democrats, the administration, republicans in the final analysis dont want to see that happen. They do understand that not only would that present a problem in the near term as we went over the cliff at the end of the year, but we still then have the whole debt ceiling fight that would transpire shortly into the new year. The issue isnt simply the negative result of going over the cliff, but its also that business, consumers, everybody continues to hold back on the uncertainty. And we believe the economy is pretty well positioned potentially in 2013 if we can put this behind us. So i think a lot of whats going on is what you would expect to see in this negotiation, very public
All those stories and much more on the kudlow report beginning right now. Good evening, everyone. Welcome to the kudlow report. Im larry kudlow. Were live here at 7 00 p. M. In the east. Crimea may be going to russia. But a new cold war hasnt broken out just yet. Stocks also loved a Strong Manufacturing report today. Cnbcs Courtney Reagan has all the Market Action for us. It was a good day. It was a good day. U. S. Investors focusing on the positive Economic Data today, shrugging off the ongoing tension in ukraine for now at least, focusing on betterthanexpected industrial output and homebuilder sentiment. Green arrows across the board for the major indices on this st. Patricks day. The dow snapping a fiveday losing streak, surging 181 points. Yahoo shares gaining 4 today following news that alibabas chosen to list its ipo in the u. S. Alibabas ipo could raise 15 million, making it the biggest since facebook. Lets start with intercept pharmaceuticals. One of its drugs showed a higher o
For tech domination. Us what is will tell behind the f the fed gave the bank and why he feels he is being picked on. The bighe big three, stocks we are watching. Julie hyman is keeping an eye on these. Lets start with cognizant, and i. T. Consulting company, upgraded at Morgan Stanley to overweight. The price target goes to 60 a share, well above 10 above where it is trading right now. The analysts say the estimate for the companys earnings and where its stock will go, the consensus is not pricing in the acceleration that we will see in the consulting business and the economy more broadly. Those shares rising today. Interesting bounceback for gamestop. We were talking about the company yesterday because it fell four percent on the back of earnings. Today it is coming back and then some, shares rising seven percent even some saying that the future is not so bleak for gamestop. In fact, the folks at Bloomberg Industries say continued sales of things like the xbox, the newest playstation,