Biggest cut ruled out a 50 basis point cut. What will powell say today . All that, so much more on making money. Neil House Speaker nancy pelosi says, emergency bill aimed at relieving the humanitarian crisis on the border will be voted on today. Some democrats are playing politics. 4. 5 billion to spend on migrants and families detained at the u. S. Border. Officials are saying that the situation is dire. Shelters are holding three times the people off bircapacity. Hillary vaughn with the latest. Reporter house leaders are hours away from even debating the bill and bringing to the floor. That gives Speaker Pelosi time to corral people to support it. It gives time for leftwing democrats to defect to decide not to support the bill. The speaker needs 217 votes to push this through before congress breaks before 4th of july recess later this week. House majority leader steny hoyer thinks they can get it done in the next 48 hours. That doesnt leave a lot of wiggle room. House republicans sa
The rug out from under them that isnt really too shocking coming from speakinger ryan. Simple majority votes in the house before taxes go to the senate. To make them permanent in the senate you need 60 votes or more. This would not be done if he had his druthers if he had budget being sill ages. Is he sending a signal in order for Lasting Impact and value, and if he truly wants them to be permanent, then going the budget reconciliation route, will only require simple majority in the United States will not be enough. You will have to go to get a 60vote win, a 6vote margin allows permanent tax reform. Aa to president bushs tax cuts. They sunsetted after about 10 years. Now the question is, is he sending a signal both to the administration and to his colleagues in the senate, we can not afford to do that. Tax cuts are one thing, we have to welcome them, but we have to go for something much bigger that would involve going past budget reconciliation to something getting 60 votes in the sena
Good for the economy. Lets pick it apart, kelly jane torrence, diane furthgotroth, former reagan and atima from the young democrats. What do you make of the stats that scream to show americans are increasingly confident in the economy and feeling that things will get better still . It doesnt quite cut equally among democrats and republicans, but there has been a surge for both. What do you make of that . Yes, i think its definitely in the economy, has been shifting in the right direction. That is, obviously, to credit of some of obamas work in the last eight years, taking Unemployment Rate from 10. 9 to a little under 4. 9 currently. If youre definitely an investor, if youre definitely, you have a large, large business, youre definitely looking forward to a Trump Presidency and easings up of economic regulations. The big question will be and this is what diffentiates democrats from republicans, is whether some of those tax cuts will be also for Small Business and middle class people to
Kicked it. An old lady walked up and called Law Enforcement because she said there was a strange package just how casually we still are not aware of how endangered our lives are. Then you take that and all of a sudden theres another Police Shooting ing charlotte, North Carolina, and oklahoma almost at the same time. Charlotte erupted. It was literally. I not believe my eyes. You know, i bring the terrorists in because listen, there are people who hate who we are, who look for opportunities to find a way to bring about further destruction on american soil. If you notice in charlotte the first day was peaceful, but on opportunest criminals who could care less about the situation, they want an opportunity to vandalized, they want an opportunity to loot. We saw it in l. A. Riots. E people are not even part of the community. What if these terrorists decide that this is an opportunity for us to go in and do what we have been trying to do for a long time. So i asked in this conversation today
Carolina, and oklahoma almost at the same time. Charlotte erupted. It was literally. I was in monaco and i could not believe my eyes. You know, i bring the terrorists in because listen, there are people who hate who for opportunities to find a way to bring about further destruction on american soil. If you notice in charlotte the first day was peaceful, but on the second day what i call opportunest criminals who could care less about the situation, they want an opportunity to vandalized, they want an opportunity to loot. We saw it in l. A. During the what if these terrorists decide that this is an opportunity for us to go in and do what we have been trying to do for a long time. So i asked in this conversation today, what is happening to urban areas. What is happening to our country and. What is happening with the Law Enforcement. These are all its a complex webb of questions that youre asking and it shows just how complex it not just the problem but what the potential solutions are. I