Does he have the ability to do this, do you agree with the decision . Sen. Schumer i agree with the decision and i know that he will check things out legally. Thank you, everybody. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] a we take you live to discussion on fiscal policy in the Incoming Biden Administration and congress, hosted by the brookings institution. Size i think is ambiguous and policy occur through a political process. I would rather see something that is a little bit smaller but that could pass this week or next week, rather than wait for something that is a little bit until, but will not pass february. If you look at the output gap, i think a trillion dollars is a reasonable figure for the next round of stimulus. I think democrats should be willing to take a couple hundred billion dollars less than that. Republicans should be willing to take a couple hundred billion dollars more
With the cares act in march and prevented the covid pandemic from doing even more harm to the economy and welfare of americans than it did. The cares act is essentially been spent, many people are about to lose benefits. Unless Congress Acts. And unless Congress Acts fiscal policy soon will be a drag on growth. They are still more than 11 Million People still unemployed by the official count. Most economists and certainly those gathered here today agree more fiscal support is necessary. Following that discussion, we turn to an issue predating the pandemic him one that persists. How to think about the federal debt and very low Interest Rates. Its growing and unsustainable rate. There is sentiment among comp economists for doing anything about that right now. When is a debate about how and how best to address that Going Forward. Had to balance the risk and cost. And too little Public Investment. We look at that issue with the paper posted on our website. By two veterans of economic polic
Seen reflection on the General Health of the uk Aviation Industry which continues to thrive, passenger numbers are up, people are travelling more. The truth is that the way people have come out their holidays has changed an enormous amount over the years but he didnt change as much with the company. Never should distract from the distressed experience of the businesses relying on thomas cook passengers and thomas cook employees, who have worked above and beyond, particularly in recent days, during this distressing situation. We have never had a collapse of an airline or Holiday Company on the skill before, we have responded decisively, right now, our efforts are focused on getting those passengers home and looking after those employees who have lost their jobs. We also need to understand whether any individuals or third in the duties of stewardship within the company. Then our efforts will turn to working through the reforms necessary to ensure that passengers do not find themselves in
On the ucla campus this afternoon. It is still not clear if they were students. It happened in a small office in an engineering building. Investigators say a gun was found alongside what appears to be a suicide note. Hundreds of Police Officers swarmed the campus after 911 calls reported that shots were fired. Tactical teams stormed into buildings and told students and staff to get out. We immediately put out a alert and as our campus alert notification system to advise all of those in our Campus Community of an incident that occurred that could be dangerous to them and we requested them to stay out of the area. Reporter more good news. No students or staff were hurt in this, and the campus was declared safe about two hours after the shooting. Now police are still working to figure out what led up to the hurt suicide. Iain. Joyce, thank you. Of course a lot of questions still to be answered. We will continue to follow this story throughout the evening and online at fox29. Com. Just loo
With wind chill this morning. It feels like 43. We have a little cloud cover it s keeping us from dropping too much. He will have mostly sunny skies today. About 10 degrees cooler than average this afternoon. It s 61 in the land. It will be 64 in palm bay. Michelle let s get a traffic update. There. This with the last of the cones. Things are moving along nicely. If you have to drive through that area, this is the 520. There is no road work its lingering. Downtown orlando is looking good. A brandnew medical facility is offering stateoftheart care for women. Michelle they will have a grand opening at 10 00 this morning. The facility is off the science center. Alex s live with more on the big day. Alex today is the ribboncutting for the Florida Hospital for women. It will open to patients later this month. This new facility on the ground, it s designed for caring for women, pregnancy care, Mental Health services. These are some of the services they will offer. There will be the First Com