The white house from the outside is that its actually a very normal life upstairs on those two floors in the white house residence. First ladies probably and i know i did lie on the couch and read a book and in my case my cat would always curl up next to me. Up next ahead of the Congressional Budget Office on the deficit. The Economic Outlook and how the labor market is being affected by the Health Care Law. Douglas elmendorf was before that House Budget Committee for two and a half hours. [inaudible conversations] see the hearing come to order. I love everybody and welcome. I first want to thank director on the door for joining us again. We appreciate your taking time to meet with us today and we know this baseline was a little late because congress was a little late so im glad we got time to get to this. You have put together a very informative report. It does a great job of laying out the challenges we face. Mine main takeaways this. We still have a lot of work to do. This year we a
2012 osha Hazard Communication standard requires documentation and vindication of all hazardous properties of all chemicals. In West Virginia state relations require secondary containment for aboveground chemical and Petroleum Tanks that can protect the groundwater furley 72 hours. We understand that state and federal agencies in the chemical safety board are investigating the Freedom Industries access given the impact theres no question that these will be extensive investigations. And we expect resulting incident reports will cite factors contributing to the release of applicable regulatory programs and the possible violations of those regulations. I lta is interested in these findings in particular how the chemical escapes the containment even with an expansive regulatory map anomalous circumstances exist where an incident such as this could occur. We defend that a proper response would begin with understanding those circumstances. I lta contends a legislative response at this moment
Judges accountable is important. All good ideas and the one idea that is not feasible unfortunately is too cloned ted frank but he is an american treasure. For those of you out there in a National Television audience how did they get in touch with you ted if they want to send you a case or send you a check wax. Well classaction fairness. Org i think and classaction fairness gmail. Com. Those of you out here if you got a bad notice in the mail where you just think this is a problem and ted needs more than for lawyers to fight all the cases out there give him some help. Lets thank our panel wittman and lester brickman. [applause] those of you in the room who want cle credit sign out and turn in your evaluation form. Thanks. [inaudible conversations] at the Creation Museum believes space upon the bible but we also teach people the difference between believes and what one can observe and experiment with and i believe we are teaching people to think critically and in right terms about scien
Not having to spend that money in the uncompensated care or the traditional medicate that folks could legally and legitimately move over to Medicaid Expansion. Thats the problem. Ive not done a very good job explaining that because of your thats a great question. You asked a great question, and others have asked that question. I have to do a better job of explaining how the 89 million savings exists. Its not a savings based like on saving penalties from employers. Its an actual savings thats already been realized and quantities identified in a budget. Ive been curious about what happens to prices in the Exchange Plan if you didnt get initial money for the private option because the overwhelming majority of the people in the exchange are the private option. If that money is not continued, what happens to your risk pool and what happens to the premiums next year . It will have a devastating effect, it seems to me. Everybody knows, perhaps because of the rollout, who knows, problems with
Talking about raising rates. In the end the dow hit the skids falling 89 points, the nasdaq 35 and the s p 12. Gold edged down 13 dollars and oil bounced 94 cents. Bloomberg news reports. Walmart is considering supporting a minimum wage hike. The retailer had no comment. Facebook is buying whatsapp for 16 billion dollars. Whats app allows for free texting on most smartphones. Facebook shares fell 4 in heavy trading last night on the news. After hitting a new high wednesday of 69 dollars. Trader Mark Sebastian of swan Wealth Advisors joins us now. I want to talk about that turn for the worse that happened in the stock market yesterday on comments from the fed. Will we see follow through today mark . I think so. We saw a huge move in the vix along with the s p 500 selloff. When the vix makes a big move relative to the s p it almost always points toward some continued weakness. I would be steering clear of the broad market indexes right now. Id be waiting until we hit that 100 Day Moving