They have now arrived on capitol hill we take you behind the doors right now apollo ryans office the speaker of the house this is a powwow that involves the four most important people marked short who is of course the white house director of the affairs. And then of course the minority leaders in nancy pelosi. At the house they will sit down with the president but with these two administrators to try and stave off the next government shutdown. January 19. Thats all we head between now and then. To come up with a budget that has been pushed back twice now. Moments ago and here is a video on the right. Long and short term that could impact your money and how business of the government is operating and how your business and your money will operate. First and foremost. This group needs to come to an agreement on a planet to keep the government open be on that date i just gave you. That is when the Government Funds run dry. Actually two times ago it actually ran dry. The continuing resoluti
Says, lets talk fb Winter Olympics. At the Winter Olympics. A very good morning to you, our viewers around the world. s take a asia let; look at what is happening around the world. We saw what happened on the markets of the United States in the past few hours. We went into the positives. Technicals are pushing that up. Lets go to the bloomberg terminal. Hasnt been, it very good. Down 7. 25 . The last time we saw these numbers was back in 2009. 11 . Y the question is whether we can hold on to the greens we saw and whether that will translate to where you guys are. Haidi this is pretty full this week. You can see the longest winning streak when it comes to growth. Well as thetion as yuan. Have synchronized tightening across global Central Banks . It was positive we saw some defense of buying and 90 u. S. Session on friday. Onin that u. S. Session friday. Nikkei ndicates the in september. Take that with a grain of salt regarding whether you will see bargain hunting. Up 3 10 of 1 for tradi
Policy director at the center for american progress, and Marc Scribner, a senior fellow at the competitive enterprise institute. They are here to discuss President Trumps newly released infrastructure plan. This is still infrastructure week. Thank you both for joining us. Guest thank you for having us. Host the president says he can create 1. 5 trillion in infrastructure by using just 200 billion in federal money. I want to get an idea about how that can happen, and i will start with you. Guest it is unrealistic, to say the least, that you will get 1. 5 trillion infrastructure activity based on this plan. It is important to look at the plan in the context of his fy 2019 budget. The budget actually cuts more money from federal infrastructure programs than the plan calls for. The existing federal infrastructure programs that have cuts, he wants to cut 280 billion. If we put that next to the plan, and dollar . 40 for every one dollar proposed expenditure, that would create a loss of const
Host joining us from new york city is doug henwood, a contributor to in these times. He is here to discuss his piece in the february issue on the and howpension crisis the cities reliance on wall street is adding to the shortfall. Thank you for joining us today. Guest thanks for having me. Host what spurred you to focus on the Retirement Crisis right now . Guest for one thing, the magazine asked me to look at it. But this is something i have been following a long time. I wrote a book about wall street a little over 20 years ago. I have been following the Financial Markets and the pension crisis for a long time. A lot of people talk about the problems of the Social Security system, which i think are grossly exaggerated. But there are people who do not want to admit problems around the Pension System because People Associated are looking to cut back up with engines or eliminate them. It does no good to deny there is a problem. Pension funds have made assumptions about returns they will g