From that crashed plane in colombia will reveal what caused it. It happened monday night. 77 people were on the plane, only six survived. Cuban president raoul bid farewell to his brother tuesday night. Tens of thousands of people pack add plaza in havana to mourn their former leader who died friday. Two more announcements are expected from the top trump team today. Campaign finance chair, Steven Mnuchi the treasury secretary and william ross will be tapped as commerce secretary. Still up in the air whos going to be Donald Trumps secretary of state. Mitt romney and president elect trump had dinner last night to discuss the position. The former Massachusetts Governor says he is increase he has increasing hope about the president elect. C. U. Football keeps creeping up. The College Football playoff rankings. Their win over utah last saturday bumped them up from number 9 to number 8. They will championship on friday. Big night friday. Freezing temperatures overnight and 10 degrees here in
Against him as the democratic nominee for president of the United States and if i do, we are going to beat him and beat him bad. Sandra severe thunderstorms and tornadoes slamming the plain states. We will take you there straight ahead. One way millions of americans celebrate the start of summer, going to an air show, we will take you to one later this morning and look at how local economies get a boost from these air shows. Summer movie season kicking off this weekend as well and we have a sneak peak at one of the hottest movie, Independence Day resurgence. Those will be out later today. In europe we are watching gains and losses, for the most part trading higher with ftse in london up 2 points, mall fractions across the board there. Here at home we are looking at futures for the most part trending higher, the leader there the tech heavy nasdaq up two tenths of 1 . Here with me Fox Business Network Dagen Mcdowell, jack otter and National Review reporter katherine, welcome to all of yo
Hillary clinton drowning in email. And another one, Hillary Clinton no longer a sure thing in california. She has big trouble. Next case, money. Nice stock rally so far this week. It will continue, just a little bit of the, well, now down a point, but pretty flat. However, listen to this, the economy is expanding at anemic. 8 rate. It will take a brilliant spine macester that that. And a super bug resists all antibiotics. Cell phones, a ten use link to cancer. Varney company, theyre waiting on tsa lions editilion ts. A lines edition. Were about to begin. Baby you can drive my car yes. [laughter] yes thats so good. Baby, you can drive by car. Dont fly, drive that car. Very good choice, producers. The memorial day or the weekend starts now. Whats waiting for you in the security lines . Remember, theyre telling you to get to the airport three hours before your flight. Jeff flock, wellpositioned at Midway Airport in chicago. Are you do you have any lines to show . Oh, you do not. Oh, so le
The committee will come to order. Todays hearing is on president obamas budget for fiscal year 2017. I particularly want to thank secretary lew for providing for appearing before us this morning and providing his time for us. While there are some hints about some of the details in advance, Congress Officially received the president s Budget Proposal yesterday. And as has been the case particularly under this administration, what we received was not a practical vision for the future. Weve going to have to have order here. As has too often been the case, what we received was a not a practical vision for the future but designed to sewuency constituencies. He looks to raise taxes on hard working americans, including some special new regressive taxes that are being packaged as, quote, fees unquote. With all the revenue going to fuel expanded government and spending that is being sold to the public as, quote, investment, unquote. No matter what terms people want to use, this budget once agai
Managed to be in default on small bond issues by doing things almost unthinkable in terms of financial management. When you talk about prematurely emptying out Pension Funds to pay bondholders, that is not something you do if youre not already bankrupt. When you talk about taking money dedicated to one bondholder and shift it to pay another bondholder, that cant go on for very long. I cant tell you at what point they run out of those extraordinary and very unhealthy kinds of tools but it cant go on forever and restructuring authority has to be in place enough in advance to restructure to meet may and july as they come. So i think the First Quarter is a meaningful period if the deadline, the speak et set for the house to act is very important. We are willing to work with everyone and anyone that approaches us with the intention of solving the problem. We know that there is going to have to be oversight with restructuring. I do believe doing something on the medicate reimbursement is imp