Good morning welcome to Worldwide Exchange. Im wilfred frost. Lets get to the markets quickly. We are higher in the premarket 16 points or so on the dow about 10 or 11 points on the nasdaq s p up 2 yesterday we did see the s p and nasdaq up about 0. 1 the dow led the charge it was up about 0. 3 in terms of trade in europe, broadly mixed. Asia is first. Sorry. Strong seconds ssion in asia. No real data or catalyst, but we are nicely higher. 1. 9 for hong kong european trade not as impressive its a mixed session its improved, as you can see in the last 20 minutes or so. The dax ended higher yesterday despite Angela Merkel saying she prefers fresh elections to governing as a minority leader, which feels like a gamble. The tax is higher today. The markets in general shrugging off the german Political Developments of the past couple of days. Back to the top story. The u. S. Justice department filing a lawsuit challenging at ts proposed acquisition of time warner. Leslie picker has the detai
Taxation in europe, 76 labor mps voted at a different lobby then his. The party in this. The senate about to open todays session. We will take you to the floor in just a moment. Senators expected to recess after leaders give their opening remarks to break for a meeting as President Trump is the presiding officer the senate will come to order. The chaplain, dr. Barry black, will lead the senate in prayer. The chaplain let us pray. O god, you are the source of life and peace. Praised be your name forever. We know it is you who can turn our thoughts toward peace and unity. Use your power to transform our minds and hearts. Lord, as our senators face the challenges of today and tomorrow, give them a faith that will find opportunities in every adversity. May they cast their burdens on you, trusting your loving kindness and tender mercies. Give them an understanding that puts an end to strife; mercy that quenches animosity, and forgiveness that overcomes resentment. May each day be for them a
Time. So in that statement that they will meet with ryan and mcconnell instead, that makes them, sounds like they put a lot more faith into mcconnell and ryan than they have in the past at least with that statement. Neil you think about it, wasnt that longing a they cobbled together this separate deal to keep the government lights on for another few weeks. Right. Neil being north of four weeks. So at the time, it was sort of like seen as a bipartisan olive branch on both sides, now gone. Thats right. The point here is, that they see the president as so erratic. They walked out of that meeting months ago you are talking about with a spring in their steps, thinking they could work with the president instead Republican Leadership. Neil i remember you, erin, having doubts about it. To your credit, you said, lets not over, you know, analyze this, say it is a sign of kumbayah. You didnt use the words kumbayah, that all of a sudden all bets were off. So everyone is it sort of retrenched back
On cspan. The house is gaveling back in to vote on going to conference with the senate on the republican tax plan. The committee on ways and means, over a motion. The speaker pro tempore the clerk will report the motion. The clerk mr. Brady of texas moves that the house take from the speakers table the bill h. R. S. With the Senate Amendment thereto, disagree to the Senate Amendment, and request a conference with the senate thereon. The speaker pro tempore the house will be in order. He house will be in order. The gentleman from texas is recognized for one hour. Mr. Brady mr. Speaker, i strongly support this motion to go to conference on the tax cuts and jobs act. I urge my colleagues to join me in voting to advance this profamily tax reform legislation. With that i yield back the balance of my time. And move the previous question on the motion. The speaker pro tempore the gentleman yields back the balance of his time. Without objection, the previous question is ordered. Profamily the
Changeividual mandate from the plan. That motion failed. Behind me is a replica of the National Debt clock. This clock was just reconfigured. New features have been added, just in time for the republicans to acknowledge that they are about to add 1 trillion to this National Debt clock, which they tortured democratic president s on for years about the debt. Let me provide you with some istoric perspective. The speaker pro tempore the house is not in order. Members should take their conversations out of the chamber and clear the aisle. Mr. Neal thank you, mr. Speaker. Let me provide some Historical Perspective in january of 2001 when bill clinton said goodbye we were looking at a 4. 5 trillion surplus and record Economic Growth. C. B. O. Said that the surplus might even go beyond 5. 6 trillion. What happened during that period of time . After the bush tration left, we were staring 6. 1 trillion worth of debt. So what happened . In 2001, the Republican Party t taxes by 1. 3 trillion and s