over the course of the campaign but over the past few decades here. the issue, though, is of course the way he went about it. also, there was a sense of republicans, over the past year, they have been able to bring him over to their side on things like tax cuts. the tax bill was pretty traditional republican orthodoxy on a lot of priorities. that s the conflict here. but also the coalition building is missing here. especially among some democrats i talked to who are supportive of this. we just heard the opening bell on wall street. i want to bring in dominic chu from cnbc and brendan greely, editor of the economic research note. all we know so far what are you looking for? what we re looking for right now is you can see there a little bit of green on the screen. not going gangbusters but traders and investors are digesting that big jobs report that just came out. what we in essence saw was a much better than expected jobs report. 313,000 jobs created. economists on average were loo
the question is what deductions will stay and go. two of the hottest issues are 401(k) contributions and state and local tax deductions. also on wednesday, executives from facebook, google and twitter will face lawmakers. all three companies are sending their top lawyers to answer questions about russian ad buys and other interference that may have taken place around the election. the week wraps up with a big jobs report. the numbers are likely to rebound from the los of 33,000 jobs in september. that was caused by the major hurricanes that hit texas and florida. in new york, i m alison kosik. let s get started. show of hands. who wants customizable options chains? ones that make it fast and easy to analyze and take action?
very honest. do you think the president is an honest man? yes. is that a no? or a yes? i m not going to play that game. one question, please? not right question, please. i just want to know if you think the president is an honest man. that s my one question. i ll catch ya. reporter: do you think the president is is an honest man? i think it s hard, the contradictions have been recorded. that s why kasie hunt is great at her job. not an easy question to ask people on capitol hill, that s for sure. and investors brace for this morning s big jobs report. we ll get a preview on what to expect and the other stories driving your business day when we come back. . even a swing set standoff.
tired. now we don t work enough? for purposes of costs and savings to american taxpayers which he raised this morning. again, this is the president s first time to go back home to the new york metro area and i think he s trying to save the taxpayers money the best way he can by taking his team and being in new jersey instead of in new york where it would have caused a much greater disruption and much greater cost to taxpayers. earlier, you mentioned this morning s big jobs report. you also cited the president s tax plan as one of the reasons for that job growth. are you saying the tax plan that hasn t passed yet was responsible for creating jobs in the month of april? what i m saying, i think we saw from the very beginning the minute that the president was actually elected, even before he took office, you saw consumer confidence go up. we have had meetings with countless ceos, small business owners, people that are involved in job creation, come in and tell us that they are muc
time. it will be the next fiscal year. i think they are facing a hard deadline attend of the year. if they don t do this, they ll need 60 votes and then they ll need democrat, and that will be impossible. i think they ll get it done because they have to. because obamacare is failing. that s the back drop to this that s so crucial and so important. democrats are really in denial about how bad it is. we keep seeing headline after headline state obamacare market place collapse, premiums continuing to go up. that s i think what will get it done. sandra: phil, susan, thank you. thanks a lot. sandra: jobs appear to be rebounding with the labor department coming out with the big jobs report, reporting 211,000 jobs were added in april. the unemployment rate dropped to the lowest point that it s been in ten years. 4.4%. lori rothman, been a long time since we ve seen number hraoeubs