This man, unsuccessful in his long quest for the white house, yet having an outsized influence on American History. We are in henry clays parlor. Let me introduce you to jim klotter, 25 years now as kentucky state historian. Thanks for being with us. Glad to be here. Why henry clay . Why is he relevant to americans living in our time . I think a couple of counts. First of all, his famous comment, i would rather be right than be president , still speaks to us. Its a clarion call to people doing. Whether were in politics or Something Else, to do the right things. He also said, you know, that in a sense, that the politicians need to remember the country and sacrifice for the country. I think that is still something we need to remember, as well. The man known as the great compromiser. A man that forged compromises that not only kept the nation together, but were constructive. Those kind of things i think are the things we need to remember about henry clay, as well as all the things that he
I have a brief Opening Statement here before i take your questions. Yesterday, secretary of the treasury, donald regan, sent to the congress a request to raise the debt ceiling to 985 billion. This represents a dramatic jump of 50 billion over the previous debt ceiling. The administration took this action with great regret because it is clear that the massive deficits our government runs is one of the root causes of our profound economic problems. And it, for too many years, this process has come too easily for us. We have lived beyond our means and then financed our extravagance on the backs of the American People. The clear message i received in the Election Campaign is that we must gain control of this inflationary monster. Let me briefly review for the American People what we have already done. Within moments of taking the oath of office, i placed a freeze on the hiring of civilian employees in the federal government. Two days later, i issued an order to cut down on government trav
Coming up, in a few moments, Global Investor mark mobius will join us. Chinese equities see a big week of gains they slipped a bit this morning. Shares of carnival jumping after they gave an update on the state of its business. Well speak with the Ceo Arnold Donald in a cnbc exclusive and Major League Season starting the season in florida. Well speak with the leagues commissioner about the risks and reward of taking to the field. We look forward to all that. Sara, up 0. 7 on the s p 500 lets start right there with the markets. The we have seen a big swing intraday futures starting off in the red. Hopeful signals then coming from gilead about the coronavirus treatment. Helping turn things around early. The company saying it was associated with an improvement in clinical recovery and 62 reduction in the risk of mortality compared with the standard care. Lets get to mike santoli tracking the moves in the names and sectors today. Yeah. Sturdy Performance Today solid week you would have tho
Youre right that is absolutely the case she was long known as madam nor in france because of course the french put a similar proposal on the table years ago asking for the e. U. To issue joined bonds so that money can be generated that can be given to Member States and always refused that debt ceiling she said it needed to stay in the fiscal discipline field and she was very rigorous when it came to that topic then she is somebody who is known to act when disaster is looming and she clearly understands that this is an existential crisis and if revolutionary and drastic measures taken this could go to the core the very core of the European Union she does understand that which is why in mid may she and the french president came forward and put this in agreement on the table where they said 500000000000 euros should be issued by the European Commission as joint bonds on the market and that that money could then be given as grounds to the countries that are hardest hit like italy and spain
National conversation through cspans daily Washington Journal Program or through our social media feeds. Cspan created by americas Cable Television companies as a Public Service and brought to you today by your television provider. Theres no time to think or reflect. Hi, everyone. We are here digging up soil because were about to plant a garden. I wont be satisfied, nor will my husband, until every veteran and Military Spouse who wants a job has one. At the end of the day my most important title is mom in chief. In 2008 barack obama was elected as president. One year into a second obama turn, the first lady continues her focus on childhood obesity, military families and access to education. Good evening and welcome. Tonight is the final installment in our year long series, first ladies influence and image. We finish appropriately with first Lady Michelle obama. For the first 90 minutes well learn more about her biography and how shes approached the job in office so far. Let me introduc