Coming up, chief architect of obamacare sikh emanuel. Who is to blame. Massive cyberattack crippling 12 countytries and two american companies. British hospitals forced to turn patients away because of the outage. Reports are that the hackers used leaked nsa hacking tools. Latest on dissing story. David merck and among the dows biggest drags. We have breaking news on unprecedented global cyberattack. We heard a little abt it from melissa. It is now affecting fedex and microsoft in a big way. Ashley webster with details from the new york stock exchange. Ashley, this could change fortunes of some companies. Ashley certainly could, david. Massive attack in europe and asia. 12 countries at last count. You mentioned individual companies. Fedex certainly one of those affecting. They say their windowsbased system has been interfered with. Theyre not say you how widespread the problem is whether it is impacting deliveries. They say they will deal with it as quickly as possible. Microsoft has r
Home. The mother of the little boy was also unavailable for an interview. But the Daycare Centers owner is publicly apologizing to her. This is not what we promote. Im very sorry that it happened. And we took every step that we could to do. Im sorry. Reporter after we conducted that interview she contacted us, again, and said that shened an official with the state agency which licenses Daycare Centers have reviewed the video. She contends the child was the which was not loving and nurturing. He says she wont release the video unless her lawyers tell her its okay to do so. Coming up at 6 00 well take a look at what state inspectors say about this facility. Steve sbraccia, cbs North Carolina. A morassville man in jail after he ran over two women ride think bicycles and left the scene. In Cary David Hurst joins us now wit how police caughtp to the driver. Reporter the group of four were heading up this hill when a driver came up and hit them om behind. Two women were seriously injured and
The committee will come to order. Todays hearing is on president obamas budget for fiscal year 2017. I particularly want to thank secretary lew for providing for appearing before us this morning and providing his time for us. While there are some hints about some of the details in advance, Congress Officially received the president s Budget Proposal yesterday. And as has been the case particularly under this administration, what we received was not a practical vision for the future. Weve going to have to have order here. As has too often been the case, what we received was a not a practical vision for the future but designed to sewuency constituencies. He looks to raise taxes on hard working americans, including some special new regressive taxes that are being packaged as, quote, fees unquote. With all the revenue going to fuel expanded government and spending that is being sold to the public as, quote, investment, unquote. No matter what terms people want to use, this budget once agai
Managed to be in default on small bond issues by doing things almost unthinkable in terms of financial management. When you talk about prematurely emptying out Pension Funds to pay bondholders, that is not something you do if youre not already bankrupt. When you talk about taking money dedicated to one bondholder and shift it to pay another bondholder, that cant go on for very long. I cant tell you at what point they run out of those extraordinary and very unhealthy kinds of tools but it cant go on forever and restructuring authority has to be in place enough in advance to restructure to meet may and july as they come. So i think the First Quarter is a meaningful period if the deadline, the speak et set for the house to act is very important. We are willing to work with everyone and anyone that approaches us with the intention of solving the problem. We know that there is going to have to be oversight with restructuring. I do believe doing something on the medicate reimbursement is imp
About the president s 2017 budget. He answered questions about puerto ricos debt crisis, tax code reform and a proposal for a new tax on oil. This is two hours, ten minutes. The committee will come to order. Todays hearing is on president obamas budget for fiscal year 2017. I particularly want to thank secretary lew for providing for appearing before us this morning and providing his time for us. While there are some hints about some of the details in advance, Congress Officially received the president s Budget Proposal yesterday. And as has been the case particularly under this administration, what we received was not a practical vision for the future. Weve going to have to have order here. As has too often been the case, what we received was a not a practical vision for the future but designed to sewuency constituencies. He looks to raise taxes on hard working americans, including some special new regressive taxes that are being packaged as, quote, fees unquote. With all the revenue