Congressional Budget Office testify before the Senate Subcommittee on physical response ability and Economic Growth. Thank you all for participating. I think it will be good. Im sorry we cannot have it in a more, what to say, a more kind of formal setting because it may have been better because im not sure if there is any hearing we have that was more important than this. Our Witnesses Today will be philip schlagel, director of the congressional Budget Office and jean todaro who is the comptroller general of the United States and head of the u. S. Government accountability office. With that i will make my Opening Statement and then turned to maggie, my Ranking Member, and then Ranking Member wyden for the entire committee has a statement he would like to make as well. Again, thank you all for being here and im grateful to all who are there during us by internet. Todays hearing will address the topic that was shied away from Syrian Refugees and when it comes to our health we make choice
Visit the big sur area this talks continue. There are significant see it because there will be a summer. Divisions that remain. Big fog bank coming in. We have to renew the not this morning. Unemployment insurance and not just for a week. Just patchy fog and it wont please dont come to big sur for a long period of time. Last long. We proposed a oneweek and have a campfire unless you extension at 600 so while we there is plenty out there that are in a designated campsite. The coast of will work its way over the next negotiate a longerterm couple of days. One more warm day. Solution, at least those people dont lose their money. Over by the coast it is not. Firefighters say the weekend fires are tied to longterm Southern California are patchy fog will give way to problems in the bay area where presumed dead. Sunshine. We want to show you video from the same training exercise. A little around sfo. Many people who are unable to 50s on the temperatures to 60s. Find a camping site often park
Response. An aerial view of Riverside County shows the spread of the apple fire. Flames ripped through the land. An urgent request for extra resources came in at 2 30 sunday morning. The strike team responded. It is an indication that there is an immediate threat to life property. Reporter so far, one home in two outbuildings have been destroyed. Theyre joined by teams from three other counties. Requests for help came in early to get the fire under control as soon as possible. We have seen record five, fire behavior but fire size. Those incidents can dragon for two or three months depending on conditions. We are trying to avoid that. With thousands evacuate her from their homes, the hope is to not have the apple fire truck out for months. We are trying to minimize the amount of time the personnel have to be in these large camps and working in close quarters because of the realities of covid19. We have new information on the fire burning in northern california. It started late yesterday
Billion dollars from the police budget. Guess what, aoc says it does not go far enough. Well get reaction from Deneen Borelli coming up. That and much more coming up on making money. Charles well the bias of the market has returned to the upside. Whirlwind whipsaws continue, wild gyrations. I think theyre telling us something. Surges into the close and to the upside. Preopening action we saw the market really steep declines. They were erased on jobs data that were better than expected. They actually werent but i think the vaccine hopes gave us a push and rally faded on manufacturing data that was better than expected. Does the street want good but not great data . How much of a gamechanger would be the Coronavirus Vaccine be for this market . Lets ask kaltbaum investment geir which Gary Kaltbaum and bny mellon strategist, Alicia Levine we know this would be a gamechanger, but how much would it be . 3 to 4,000 points to the dow, charles. They were working well until the numbers started
Jes staley coming up from barclays, he has got the mess in hong kong. Kevin cirilli will be with us from washington on the trump response to the news out of hong kong. Right now, in your united kingdom, it is a new deal in dudley. Francine it is a new deal. We are expecting the Prime Minister to deliver on his speech that was quite popular in his pReelection Campaign, bringing britain back. We are expecting him to do a lot for infrastructure, give money to schools that under previous tory government slots lost a lot of funding. Deathsy are there more because of covid19 compared to other european countries, the debt load this country has is different than anywhere else in europe. I imagine Boris Johnson will have to do this speech while at the same time keeping International Investors on board. Tom it will be interesting to see. We are monitoring the presence of the Prime Minister in dudley. In new york city, ritika gupta. Ritika the stage has been set for another confrontation between