Justine underhill, yahoo finance. Now that the fed has started the process of raising rates, various fed officials have said, including ben bernanke, that the fed could go cash flow negative in this scenario as capital losses are taken on the portfolio bond. Do you still see this happening, and when might this happen . Youre talking about our income going negative . Conceivable, in a scenario where growth and inflation will really surprised us to the upside. We would have to raise shortterm Interest Rates so rates we would be paying on reserves would exceed what were on the portfolio. Bout 2en, we have a trillion in liabilities, namely currency, on which we pay no interest, so this does require an extreme scenario with very rapid increases and shortterm Interest Rates. It is conceivable, but quite unlikely, that it could happen. But, you know, if it were to happen, we would have an economy that would be doing very well. This is probably an economy that everybody would feel very well,d,
27488000 and 20 if you eye pose the tax you can 202748001 or if you live in philadelphia our residents can contact us and the new soda tax is scheduled to take effect. And a Group Fighting heavily to oppose the tax the American Beverage Association said we will side with the majority of the people of philadelphia who oppose this tax and take legal action to stop it. E group also helps fund no grocery tax. Com and show you the amounts by which the prices could increase a 20can family pack of soda, the new price could be 10. 07. Hats 3. 60 higher and a olitter bottle could go for 27. 95. And now, of course, there are those who oppose who support the measure as well. The American Heart Association on twitter said fact, the erican citizen consumes 39 sugery sugar and drinks. Its time for change. Tweeted, loomberg congrats to philadelphias city county critical and mayor jim ken me the for standing up to the beverage industry. Here is trisha nay zaly a reporter for the philadelphia inquire e
Questions in writing. Without objection the committee stands adjourned. Live coverage from the Senate Intelligence committee at 9 00 on cspan three. The latest on the mass shooting in orlando. We start with remarks by president obama. After meeting with his National Security council. Updates from attorney general loretta lynch. The Homeland Security Committee Takes a look at the issue of visitors overstaying their pieces. Visas. House Committee Meets to vote on censuring the irs commissioner for alleged misconduct. The state departments envoy for libya testifies later about efforts to establish a unity government in libya. The Senate Foreign relations committee. Also on cspan three. After the surrender at appomattox the nation faced challenges in reconstruction. American history tv is live from Gettysburg College in gettysburg pennsylvania. For the annual Civil War Institute summer conference. Topics that confronted our newly unified country. The return of the confederate veteran. The
Congress has the exclusive seat of law making power. Not some guy in the basement of the labor department. We must assert that the people speaking through their elected representatives is the best way to keep us free and protect our liberty and to make sure the promise of america exists for the next generation. What youll find throughout history is that not much has changed. The same historic reoccurring struggle between freedom and power that the abraham lincolns, the john quincy adams, the Daniel Websters all faced. Its the struggle between fulfilling the promise of america or breaking it. They knew the torch one day would be passed, where it resides with us. A daughter of a cherry farmer from kettle falls, washington. A nurse from tennessee. A businessman from texas. An air force chaplain from georgia. An author from utah. A combat surgeon from ohio. It is about this generations responsibility right now to cherish, to embrace, to protect the fragile, carefully crafted american promi
Issues of concern, i think we have to act immediately and i think that we can be successful. But in the meantime, the very least the republicans would do is to pass the no fly, no buy. And im pleased to yield to the distinguished whip, mr. Hoyer. Mr. Hoyer thank you very much, madam leader. First, we need to empathize with the fear that the Lgbt Community is experiencing right now. Unfortunately, today we are going to adopt a rule which precludes the expression of congress that we will not discriminate against those who are lgbt members. How sad. That is one thing we could do today. Say to all americans, you will not discriminate. We will not discriminate, our government will not discriminate against citizens who are members of the Lgbt Community. And our chairman of the caucus is correct as well. Normally we discriminate against somebody based upon the origin of their nationality or surname. So those are two things we could do right now, stand up. Speak out for what america believes i