Mr. Gardner i ask unanimous consent that the bill be considered read a third time and passed and the most to reconsider be considered made and laid upon the table. The presiding officer without objection. Mr. Gardner i ask unanimous consent that when the senate completes its Business Today it adjourn til 9 30 a. M. Thursday, october 19. Further, following the prayer and pledge, the morning hour be deemed expired, the journal of proceedings be approved to date, the time for the two leaders be reserved for their use later in the day and morning business be closed. Finally, following leader remarks the senate resume consideration of h. Con. Res. 71 under the previous order. The presiding officer without objection. Mr. Gardner if theres no further business to come before the senate, i ask that the senate be adjourned under the previous order. The presiding officer the senate will be adjourned til as they fought to liberate their own country from the oppression of isis. Instead of caring fo
Shares of dow component nike rallying today after the company said it expected sales growth to be in the high Single Digits over the next five years the Company Holding its investor day investors are liking it so far so far. And mark parker will be joining us in a rare and exclusive interview to discuss more about his plans for growing revenue for the sportswear giant. Its the best performer in the dow components today President Trump said earlier this afternoon the u. S. Desperately needs tax cuts well talk about that and more, Congress Secretary wilbur ross will be here post nine joining us exclusively coming up in a little bit good lineup of guests. We have a good lineup today. Lets get to the top story. The market selloff continuing today. The major averages off the low right now but the dow was on track for the worst day since early september. Lets bring bob in here look whats driving the move lower today. Hello william finally volume and volatility and we should have it because w
The programs spending exceeds targets. And working on extending chip, the Childrens Health Insurance Program which expired at the end of september. The house is expected to gavel back in for votes shortly. Heres more on the childrens Insurance Program. What is the chip program and why is the house taking it now after it expired . The chip program is a program that funds Health Insurance for children that are low income but make a little too much, their family, qualify for medicaid. Unlike medicaid, it needs to be annually reauthorized or every few years, depending on how often they make the authorization for. Groups have been clamoring for reauthorization for several months now and there have been some disagreements between democrats and republicans on how long to authorize the bill and how to offset it, which is why ts been taking so long. How long would this bill reauthorize, how long would the chip program be reauthorized for and on the republican side who is leading the efforts on
At brown university. Finally, we will get consumer data info for march. Jonathan im not sure the fed chair is going to make any news today. She is speaking at brown university. 125 yearsmemorating at brown. Speaking, you is have to listen. Jonathan on this occasion, maybe not. Lets get to the top stories. Payroll is out at 8 30 a. M. 4. 6 will be a Unemployment Rate. Chiefg us is our economist. Although with this is ethan sheis lets pretend delivers the speech and she looks at two things, the payroll report and what is happening. What will be the biggest concern . Ethan its the job market. Weve had the slowdown in the fed has been saying no big deal. We are not concerned about it. That keeps june it very much alive area if we have twoweek job reports in a row, we start to worry. I think its a very close call. If this continues, i think they skip. If we get a pick up in data, i think they hike. Jonathan how much lower would it have to be to take june off the table . Would get two more j
Weve got larry glazer and veronica dagger. Veronica, to that point that this strong report takes some of the heat off this administration in that eyll ill get their tax cuts but it wot be entirely p dependent on those tax cuts to goose it, what do you think . Right. It was a strong report, across the board looks pretty good, numbers look nice. Tax reform, though, is, well, the clock is ticking with. This is a big project, bug big thing. And, neil, we dont even have a tax cut yet. I heard the interview morning, gary cohn wants to get this done. However, we dont have a bill, we have a divided house. We have no idea what the impact of this tax reform would have, and reals dont know the impact we also dont know the impact and how the deficit hawks in congress will react to a bill once we do get it. So theres a lot of unknowns still. Neil indeed. Well be talking to Steve Scalise about this, one of the gop leadership. But on that issue, larry, and maybe just a couple of variables id like to