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Transcripts For FBC Varney Company 20240712

Diego, it will be Online Learning only for the rest of this year. That is shut down. The l. A. Teachers union demanded medicare for all and the defunding of the Police Department as a condition for reopening. What has that got to do with education . Leftist politics rules and the largely minority student body in Southern California will be deprived of a meaningful education. All right. Lets talk about money. Earnings season has begun. Look at delta. Lowest revenue in 30 years, 3 billion forked out for virus expenses, burning through 27 million a day. That shows you how tough it is for airlines these days. The stock down a little premarket. Overall, a tiny bounce back for the overall market. Big tech largely in the red this morning. We do have some decent earnings from some big banks and thats giving the markets a very very modest boost. The dow is looking for a very small gain, maybe up 10 or 12 points. And we have the s p and nasdaq on the downside. Thats premarket. All right. Now loo

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Transcripts For CSPAN Washington Journal Paul Waldman 20240713

American economy to a halt, suddenly. There may have been a shock that precipitated it. It still unfolded over an extended period of time where you could see it coming. This happened all at once. You have this huge shock to the system. That has led congress to say that we need to do something of a skill we have not done before. Now, the democrats in congress and republicans in congress and white house are all negotiating. Ofy want to do the same set things. There is an argument about the detail and the scale. For instance, the administration came out with a proposal that would, among other things, would give checks to every family. They wanted to do it with 1200 for each adult and 500 for each child. An just a one off of infusion of cash. Democrats wanted to do something much larger. They were talking about 2000 for each donor, maybe 2500 and doing it repeatedly over the course of however long this recession lasts. There is also a big question about unemployment insurance. You will hav

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Transcripts For CSPAN Washington Journal 03222020 20240713

Worldwide, the confirmed cases at 260,000. That is our starting point on this sunday morning. The ap has this headline, the week america changed. How has your life changed over the last week to 10 days and what you expect moving forward . Numbers,the phone 202 7488000 in the eastern and pacific time zones. Central and mountain, 202 7488001. Medical professionals, you can call in on 202 7488002. Send us a tweet or send us a text message at 202 7488002 at 202 7488003. Be sure to tell us your first name and where you are texting from. The number of coronavirus cases continues to increase world wide in the Associated Press has a headline thought would be a good jumping off point of this sunday morning. It has been a week that has changed all of our lives directly or indirectly, one way or the other. The week that america changed, we want to hear from you and tell us how your life has changed. From the ap, there is this that from the Associated Press. Our phone lines are divided regionally

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Transcripts For CSPAN Washington Journal Paul Waldman 20240713

You have this huge shock to the system. That has led congress to say that we need to do something of a skill we have not done before. Now, the democrats in congress and republicans in congress and white house are all negotiating. Ofy want to do the same set things. There is an argument about the detail and the scale. For instance, the administration came out with a proposal that would, among other things, would give checks to every family. They wanted to do it with 1200 for each adult and 500 for each child. An just a one off of infusion of cash. Democrats wanted to do something much larger. They were talking about 2000 for each donor, maybe 2500 and doing it repeatedly over the course of however long this recession lasts. There is also a big question about unemployment insurance. You will have this gigantic infusion of people needing unemployment. It is already happening. And so, that is something the democrats have been pushing for. We need to put a large amount of money into the une

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Transcripts For CSPAN2 Washington Journal Paul Waldman 20240713

And Senior Writer for the american prospect, good sunday morning. Thank you for being with us on cspan, we appreciate it. My pleasure. Let me begin with the frontpage headline of the Washington Post as congress gambles to work on a stimulus deal now approaching close to 2 trillion which is an unprecedented amount for congress. Your thoughts on whats to transpire over the next couple hours and days . It is unprecedented. This is an unprecedented situation. Weve never had a situation where we basically ground the entire American Economy to a halt all the sudden. With every other recession we had there mightve been some kind of a shock that precipitated it but it still unfolded over somewhat of an extended period of time where you could see it coming. This really happened all at once. You have this huge shock to the system and that has led congress to say that we really need to do something of a scale that we havent done before. Right now the two democrats and congress through publishing

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