The congressional hispanic caucus, has said there is a lack of latinos in the incoming cabinet, if confirmed this air will face the daunting task of leading the department during a pandemic that has killed more than 281,000 people has disproportionately affected people of color. Our other big story this sunday night more than 30 million californians now facing stay at home orders and less than 2 hours at 10 00pm. Those orders will go into effect for 3 bay area counties that San Francisco contra costa and santa clara. The order is very similar to the lockdown that many of us all the way back in march. Those counties now taking an earlier approach to governor newsoms order that requires counties to go into lockdown when icu bed capacity has dropped below 15 . Right now icu bed capacity here in the bay area, no hovering around 24 . Number of Health Leaders across the bay area say right now they dont want to take any chances. Thats why theyre doing this early. Stay at home orders will also
Does he have the ability to do this, do you agree with the decision . Sen. Schumer i agree with the decision and i know that he will check things out legally. Thank you, everybody. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] a we take you live to discussion on fiscal policy in the Incoming Biden Administration and congress, hosted by the brookings institution. Size i think is ambiguous and policy occur through a political process. I would rather see something that is a little bit smaller but that could pass this week or next week, rather than wait for something that is a little bit until, but will not pass february. If you look at the output gap, i think a trillion dollars is a reasonable figure for the next round of stimulus. I think democrats should be willing to take a couple hundred billion dollars less than that. Republicans should be willing to take a couple hundred billion dollars more
With the cares act in march and prevented the covid pandemic from doing even more harm to the economy and welfare of americans than it did. The cares act is essentially been spent, many people are about to lose benefits. Unless Congress Acts. And unless Congress Acts fiscal policy soon will be a drag on growth. They are still more than 11 Million People still unemployed by the official count. Most economists and certainly those gathered here today agree more fiscal support is necessary. Following that discussion, we turn to an issue predating the pandemic him one that persists. How to think about the federal debt and very low Interest Rates. Its growing and unsustainable rate. There is sentiment among comp economists for doing anything about that right now. When is a debate about how and how best to address that Going Forward. Had to balance the risk and cost. And too little Public Investment. We look at that issue with the paper posted on our website. By two veterans of economic polic
Concerns about jobs and especially about the coronavirus. Well talk about it all. Im connell shane, welcome to after the bell on a friday, and its time for the news thats happening at this hour. Our fox Business Team coverage, blake burman at the white house, Edward Lawrence is in washington, jer true willis in new york. Edward, we kick it off with you and the details on the jobs report. Reporter theres still some growth, plus looking forward to stimulus. Thats what the markets like. In november the economy added 245,000 jobs, almost half as much as the the experts thought. The unemployment rate, though, dropped to 6. 7 , well below what the federal are serve estimated from last summer. Now, the administration saying this is a fundamentally strong economy, and were moving very quickly in the right direction. Listen. President trump has always add slow e candidated keeping advocated keeping businesses open and keeping schools open. Thats very important. All right, thats a good point. So
Together. I do want to Say Something real washington journal live every day at 7 00 a. M. Eastern. At h the entire program cspan. Org. Well fulfill our 40yearplus commitment to cover the u. S. Congress. You live to the floor, next. One bill on the house agenda today. Apprenticeship opportunities. And now live coverage of the u. S. House on cspan. Heaven ane you thanks for giving us another day. Bless the members of the peoples house with focus and purpose as they gather these few days before thanksgiving. May their efforts give true cause for americans to gather to give thanks. As infections continue to spread in hospitals nationwide and hospitals nationwide are pressed to their limits, look with with mercy upon your people. May we all, together, be mindful of the part we can play in addressing the spread of coronavirus. May all that is done be for your greater honor and glory. Amen. The speaker pro tempore pursuant to section 4a of House Resolution 967, the journal of the last days pr