Good morning. I am kasie hunt on this thursday, june 24th. Well start with the news. There appears to be a long awaited break threw on bipartisan infrastructure talks. Specifics of the deal, including how it will be paid for, have not been released, but lawmakers seemed optimistic as they left a closed door meeting with officials last night. Republicans and democrats have come together along with the white house, and weve agreed on a framework, and were going to be heading to the white house tomorrow. Meanwhile white house officials also met with House Speaker nancy pelosi and Chuck Schumer yesterday. Democrats are considering two ways to pass their Infrastructure Priorities with or without republican support. We had a very good meeting we got into quite a bit of detail. Were all on the same page. Both tracks, the bipartisan track and the Budget Reconciliation Track are proceeding at pace, and we hope to have voting on both them in the house and the senate in july. The bottom line, the
To you. Meanwhile, the president suggesting he is nowhere ready to concede to president elect joe biden telling foxs Sunday Morning futures he will keep fighting to overturn the Election Results but also expressing some doubt about whether the Supreme Court will take up his challenges. David spunt has more now from the white house. David. Reporter arthel, good afternoon to you. Since election day, President Trump has talked a lot about the Supreme Court, giving hope to some of his Supreme Courters his supporters, also of members of his team. He said it would be a be all, end all, the chance for the Trump Campaign to possibly change something in their favor because it has not been going in their favor from a legal sense. Today he was more pessimistic when speaking with maria about the Supreme Court. In that interview with maria, it lasted well over 40 of minutes, he doubled, tripled, quadrupled down on his claims that the election was fraudulent, though theres no indication that that is
Distributed, how will be it done. All of this at a time were hearing about four 45 minutes from now president elect biden and Kamala Harris will detail their own economic plan. What theyre calling their Building Back better plan. I dont know what that means but they have got a lot of union heads there as well as the chairman of gm, the chairman of microsoft, the head of target. Again, virtually, if not in person. So well be monitoring that. When that comes up about an hour 45 minutes from now. Meantime more on this excitement around moderna and what it poses to offer right here. Jackie deangelis own that. Jackie. Reporter good afternoon to you, neil. The vaccine news certainly fueling the markets today. 94. 5 efficacy. That is what moderna is saying. We had excitement from pfizer and biontech last week. The market is saying we would expected or less efficacy. This is a really important number. People are wondering what happens next. How do i actually get the virus, excuse me, the vacci
Treatments it will be one of the jitters. Add them to many in the markets here. All in all taking it relative stride. I say relative stride. Again the Administration Front and center today, getting idea, talking to Economic Club members from around the country what the president thinks is going on to the economy. He is the best bet for the economy. Teasing a middle income tax cut as well if he were to get reelected. Fallout from the comments. The president s busy Campaign Schedule with blake burman from the white house. Hey, blake. Reporter i feel like there is a news burst leading up to the minutes of this show. That is certainly the case. Let me walk you through in and around washington the last half hour. Treasury secretary Steve Mnuchin speaking right now. He echoed a lot of comments, similar comments that Mitch Mcconnell and nancy pelosi made in the most recent days. The treasury secretary saying as it relates to a possible covid relief package it would be tough to get done before
Plus, so that is a little bit of a lift that is maybe not identified within the euronext. Go, Kevin Cirilli could not sleep this weekend. This is exciting. Ranting cap it is exciting. I have been excited for the last two weeks before this because it is the polls, it is the final stretch. How much campaigning are joe biden and donald trump doing in the next two weeks . Tom it is going to be huge. These guys are in the final stretch. Money is an issue. We will talk a lot about that. Martin schenker joining us in the next hour. What is exciting about this is it gets back to basics. President trump is out there in nevada this weekend. He is in arizona today. Francine there are very few undecided voters from what i understand, and several people have already gotten out the vote. 52 of those are women. Lets get to first word news with ritika gupta. Ritika good morning. In china, economic recovery from the pandemic continued in the third quarter. Ago,ose 4. 9 from a year less than expected bu