Reporting afterhours all on the move as those Conference Calls are underway. Well bring you the latest details throughout the hour, but first, we start off with the markets, a record for everything the dow, s p, russell 2000, closing at all time highs. The dow posting at 26 record closing of the year. Check out the names. Not just the fang stocks price line, boeing, honey well, dupont, all hitting record highs, so do stocks keep grinding higher and where do you go from here to record highs you stay with name, five names, those are four, five names for quite some time. Steve isnt here hes been on this do you want story, but boeing for example, now, the Analyst Community is getting ready. Jpmorgan upgraded it to neutral from underperforming then today, bank of america, Merrill Lynch upgraded to neutral. Where have theybeen for the last year . Boeing reports next week my sense is that the numbers will be great. Valuations are neutral honey well, for the last five year, we want to own hone
This is a little maybe maybe just a little bit off topic, but i want to run it by you anyway is the president aware probably good if we mix it up a little bit. Is the president aware of the story of the i. T. Staff of congressional staffer who most recently worked for florida congresswoman Debbie Wasserman schultz who was recently arrested attempting to leave the country, though he shade he was not trying to flee the country is the president aware of that particular circumstance, and is he satisfied with the pace of the investigation . I havent had a conversation with him specifically about that, but i do think it is something that we should fully look into, and there should be a thorough investigation on that kristen. Since we only have one question, im going to ask you about the boy scouts. Make it count. The chief wrote this to family members who were at the president s events earlier this event are. I want to extend my sincere apologies for those who are scouting families offend by
Dedication with which it carries out its responsibility to congress under the budget act but the contents of this report are concerning. After eight years of failed fiscal policies and wasteful and unactable spending america is faced with a mammoth debt of 20 trillion and a sluggish economy thats holding it back. This year alone overspending is projected to be 559 billion and will continue to grow over the next ten years to 1,408 million, 1. 4 trillion in 2027. Its a 9,426 billion budget hole over the ten years. Gross National Debt will hit 30 trillion in ten years outpacing our projected Economic Growth. As Congress Considers our countrys budget over the next decade we must look beyond the annual appropriations process. Almost 70 of federal spending is already on auto pilot and that portion is growing rapidly. Cbo reports states that 70 of the total increase over the next ten years is from Social Security, medicare and net interest on americas debt. Social security taxes will stop pay
Only worked four times in 42 years. Over those 42 years we only i want everybody to listen to this. We have only appropriated 2 1 2 appropriation bills per year. This is a fraud on the american people. Perpetrated for 42 years. Its time we deal with t thats one area we can use to help arrest this run away government spending. 2. 4 trillion is what we spent in 2000. We spent 3. 8 trillion last year. Thats constant dollars. We have to look we have to grow the economy. We have to save Social Security or medicare long term that makes it viable for our kids and grandkids. We have to get at the spiraling driver of our Health Care Cost inflation. Im running out of time im hold the questions for second round. Thank you. Senator king. Senator king thank you, mr. Chairman. Welcome, doctor. Nice to have you here. Appreciate your comments, senator perdue. Senator perdue in maine we have a saying that summarizes exactly what you were talking about. There is rarely a silver bullet. There is often si
Dedication with which it carries out its responsibility to congress under the budget act but the contents of this report are concerning. After eight years of failed fiscal policies and wasteful and unactable spending america is faced with a mammoth debt of 20 trillion and a sluggish economy thats holding it back. This year alone overspending is projected to be 559 billion and will continue to grow over the next ten years to 1,408 million, 1. 4 trillion in 2027. Its a 9,426 billion budget hole over the ten years. Gross National Debt will hit 30 trillion in ten years outpacing our projected Economic Growth. As Congress Considers our countrys budget over the next decade we must look beyond the annual appropriations process. Almost 70 of federal spending is already on auto pilot and that portion is growing rapidly. Cbo reports states that 70 of the total increase over the next ten years is from Social Security, medicare and net interest on americas debt. Social security taxes will stop pay