Here as well. Also want to point out some breaking news. Macys says their cfo paula price is going to leave the company. They are looking at an external search currently. Premarket withn the overall market. Exxon mobil also coming out, finally the last of the big majors to cut their capex. They see overall Capital Investments for this year about 23 billion. They saw up to 33 billion. They are also cutting operating expenses by about 15 . They are maintaining their longterm outlook. They say Capital Allocation priorities remain unchanged. The longest chunk of all these cuts are going to be spending in the permian basin. That is interesting. We heard something very similar with chevron, a little easier to shale. Ex within they are dealing with the fallout of the crisis. Watching those stocks as we head into the open. U. S. , as wellthe as the markets, but the collapse of the Small Business optimism i was just talking about. Gauge falling by 8. 18 points in march. Michael mckee joins us w
Give you a sense of optimism in terms of the curve in california a venti a it is bending, but its also stretch. Bending is good stretching means and will go a little longer the state anticipates a surge of coronavirus patients next month. The direct payments can wanted more. So we think that theres a a path to getting more for the shrek payments. That was House Speaker nancy pelosi saying that more money is coming to help americans through this crisis lots to cover good morning. Thank you for joining us here on this wednesday april 8th, im James Fletcher and im darya folsom first the governor he says that were doing a good job. And try to flatten the curve but the state is anticipating a big surge in virus cases next month. Give you a sense of optimism in terms of the curve in california a bending a it is bending, but its also stretch. Yeah, the governor went on to say that because of coronavirus curve is stretching our state is doing a good job of social distancing and thats allowing
U. S. Naval Institute News reporter sam lagrone talks about the role of u. S. Navy hospital ships in the coronavirus response. Washington journal is next. The men and women of the greatest country on earth are going to defeat this coronavirus and reclaim our future. After sleep deprived nights and marathon negotiating sessions, we have a bipartisan rescuent on the largest package in American History. Host republican and Democratic Leaders in the u. S. Senate announcing a deal at 1 30 a. M. This morning on a 2 trillion coronavirus aid package. Good morning. We will get your thoughts on that this morning. Democrats 202 7488000. Republicans 202 7488001. Independents 202 7488002. Youcan join us as well if text us with your first name, city and state that 202 or8003 at 202 7488003 go to twitter at cspan wj. We have learned about what is in the deal the lawmakers have reached. Theres 500 billion for major corporations. 360 7 billion for Small Business loans. 130 billion for hospitals across
And taking every step necessary in order to provide prevent this from spreading. So you can all do your part. But well get through this together. Thank you again. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] [captions Copyright National cable satellite corp. 2020] computer the meeting has been unlocked. Hang up. Computer welcome to the audio conferencing here on cspan were live at the Brady Press Briefing room at the white house. For an update from the White House Coronavirus Response Task force, it should get under way shortly. Were likely to hear the reaction from President Trump on the agreement last night between senate democrats, republicans and the white house on whats expected to be a nearly 2 trillion coronavirus economic stimulus package, which has yet to be released. The legislative language still yet to be released. Elements of that bill include direct Cash Payments to individuals, f
Proposal. As well as Economic Growth and the impact of the tax cuts and job that jobs act. Jobs act. Todaym pleased to be here to discuss the budget. Trumps Economic Freedom agenda is working. Reform andegulatory trade deals are improving the lives of hardworking americans. Unemployment remains historically low. And it is at or near alltime lows for africanamericans, hispanic americans, and veterans. The Unemployment Rate for women reached its lowest point in 70 years. Before President Trump came into Office Experts were predicting that we would grow by 14,000 jobs for month per month. We averaged 175,000. Wages for unsupervised workers in 2019. 3 which meant that roy wages rose faster for workers than it did for their bosses. Last months Labor Participation rate prime age adults reached 83. 1 . An 11 year high. American families are earning more each year, thanks to the tax cuts and jobs act, paying significantly lower taxes. They also have more Career Opportunities than ever before.