Expanding the earned income tax credit. At this event hosted by the Aspen Institute. All right, good afternoon, everybody. And welcome. My name is moyne conway, Vice President at the Aspen Institute and executive director of the Economic Opportunities program. And i am so delighted to welcome you to todays conversation in our working in america series. At the Economic Opportunities program we do a lot of a variety of work to advance ideas that will help lower and med upincome americans. In the working in america series in particular, we look at a variety of issues that affect the shape of opportunity that working americans face and consider ideas that could make things better for working people. Were extremely grateful to the ford foundation, to the prudential foundation, the walmart foundation, for their support of the working in america series. Were going to talk taxes and what tax reform could mean for low and moderate income earners in the United States. If you think about taxes, y
We are trying to process these numbers as they come out. It looks like a good story. Allison the first thing we look at is in line with some of these estimates weve gathered. The interest margin is something im looking at. The yield curve is something that everyone has been watching over the past quarter. Pastgan has said in the its more important to them. It down. Merica had it were people paying attention to this . It doesnt like the interest margin is coming in low. David it looks a fair making more loans and making it up on volume. Allison it has to do with the expectations. When you look at the data, it is slowing. It looks like they are talking about 8 loan growth for the year. I think we will hear more about what they see in terms of demand. One of the things jamie dimon has been vocal about his tax reform and how that can help his corporation. Charles, your initial thoughts . Think there is 400 million in reserve recovery. That is . 12 per share. Say 1. 69. I would like to see
Live from bloombergs World Headquarters in new york. We are 30 minutes from the close of trade in the u. S. U. S. Stocks were on track for one of the best quarters in the air. Joe of course it is. Scarlet President Trump expected to sign a trait a orders on trade. Capping off a week of fed exclusives. We will share why build the lease is more hikes are appropriate. And why president jim bullardtis no need. Says no need. It is turning to a dud of a day. We have the three major averages of the dow, the s p 500 and nasdaq trading in mixed unchanged fashion. The nasdaq is higher which means it is at another record high having closed at a record high yesterday. The movement may not be big on the quarter, we have great gains for the major averages. We have the s p 500 and white up six quarters in a row. The longest since 2015. The dow the same thing, the longest streak since 2006. The nasdaq and blue, have to buy big tax. Underperforming is the russell 200. Since june ofain 2015. That may be
End of privacy enforcement of broadband is a carrier under the Communications Act previously the ftc had successfully been forced privacy against broad band providers except for the Net Neutrality order there would still we doing that they have brought the number of Enforcement Actions the niner a result of privacy violations wondering what justifies the new proposal from the approach and in fact, there are widespread concerns these are in another step in the attempt to become the policeman and of the internet. They also have a number of problematic consequences they will impose unnecessary regulations with the internet ecosystem. Would we have the same internet today with this prescriptive rules if imposed a decade ago . Additionally it is likely they would only confuse consumers to give a false sense of security. There are serious legal questions are they consistent with the First Amendment . We have the chair person and minority members to provide their perspective i think them for
[applause] before proceeding tonight, we would like to observe a moment of silence in memory of the governor of missouri along with his son and former chief of staff who died in a private plane crash last night near st. Louis. A reminder as we continue now that these debates sponsored by the commission on president ial debates. The formats and role worked up by the commissions and campaign. Tonights questions will be asked by st. Louis area voters who identified as being uncommitted by the gallup organization. Earlier today, each of them read the question on a small card like this. The cards are collected and give it to me. My job under the rules of the evening was to decide the order of the question and to call on the questioners accordingly. I also have the option of asking followups. In order to get the more the panels questions, for the record, i plan to do sparingly and mostly as a clarification. The audience participants are bound by the following rules, they shall not ask all of