Symptoms seen in children. Youre smiling this thursday morning especially for those that live out high in to coast. Hey, are you thinking about flying . I am thinking of asking you at home . Would you jump on a plane . Indeed, people are flying. Last friday 348,000 travellers went through tsa checkpoints. Thats the highest number since march 22nd. Welcome, everyone. I have been debating this and Everything Else. What is safer and cleaner. Are you going to discuss on a plane or uber or lyft, what about bart here in the bay area. Thats been down 93 . Know that theyre working on a plane, and i will ask you this and sal, i will start with you. I will answer it first. I think that i would rather fly first. I think thats just i think the Airline Industry is going rebound quicker than the ride share and even bart. What do you think is going to bounce back first. What is going jump in first . Well, i think rather drive somewhere first out of caution. Maybe drive somewhere in california. Take a
Music ktvu fox 2 news at 5 00 starts now. These are cuts that can be triggered and eliminated with the stroke of a pen. California is facing a major deficit. Governor newsom said that they need federal relief to avoid making huge cuts to the federal budget. The governor worked out a plan if the federal funding does not come through. A good evening everyone i am Frank Somerville and i am julie haener. Today the governor announced some painful cuts to the budget. The changes will affect all parts of the government. Heres more on that story from andre senior. Just months ago the state of california had a 21 billion surplus. Now that money has been wiped out because of the pandemic. Today the governor is announcing new plans. The cuts will run deep. The state was in strong fiscal health. After unveiling the billion dollar budget Governor Newsom announced that he will have to 19 billion from the budget in response to a stalled economy linked to covid19 stayathome orders. But the current Bud
54. 3 billion. Those numbers fueled by a 25 drop due to the pandemic. The state will use all of its rainy days fund to spread out. It will drain at the reserve accounts that add up to 1. 5 billion. More than a quarter of the shortfall will be made up with budget cuts including the proposed 10 wage cut. Nothing breaks my heart more than making budget cuts. We have been makingof california. And now being forced into the position where we are ma cuts breaks my heart. There is a human being behind every single number. Governor newsom said that the budget cuts could be rescinded if there is federal support. He said new spending on Public Health will be delayed. More on bleek numbers on unemployment. Nearly 3 Million People filed the jobless claims of this week. Over the past two months 35 Million People have filed for unemployment. 800,000 people applied for aid under selfemployed workers. Heres more on that story from tom vacar. Must bal jobs with death and disease. In california the Labor
[background noises] [background noises] is nick any on education and workforce will come to order. I note the quorum is present. That objection the chairs authorized to call recess at any time. Good morning everyone and welcome to todays hearing. Acting secretary at soup, i like to start by saying you have been a hard witness to schedule. The committee began working with the department to secure your in person testimony beginning in march. You would not appear in may, we honored your request to appear in june. Using the day, june 7, that was offered by your staff into which you agreed. More than a commenting to establish a mutual date for this meeting, this hearing. Why is it that late friday evening following the committees public posting of the hearing a week ago, your staff told us you were quote no longer to make june 7 work . What was so important that you are willing to stop the work of a Congressional Committee come up in the schedule 45 members of congress and leave the America
Shanghai composite down by a third of a percent. In europe, already seeing that there are some advances there with the dax up by 0. 9 . Cac in france up by 0. . Ftse up 0. 6 . Watching treasury prices. Tenyear yield on the treasury hit another two week low. We have been keeping an eye on crude oil prices. Yesterday down by nearly 3 , settled at 44. 67. This morning a gain of 20 cents to 44. 87. In political news, a stop gap spending bill that would prevent a Government Shutdown this weekend has stalled in the senate. A number of democrats voted against the measure because it does not provide money to fix Drinking Water problems in flint, michigan. Some republicans opposed the bill because of lack of zika funding, and oversight of the internet. Senate leaders said they would exemplmroplore an alternative. And John Williams argues the u. S. Economy can hahnal a rate hike, its hard to justify rates being so low. Williams addressed fears that a hike would cause volatility. He said an easy