Or highs just yesterday alone. Bit of a pullback today. As for the nasdaq, yeah, it closed above 12,000. There was a massive runup in tech stocks again, a pullback is to be expected, and take a look at that, thats what weve got. Got it. Next, vaccine news. Very positive. The centers for Disease Control is telling states to get ready for Vaccine Distribution on a large scale come november the 1st. Which vaccine . Dont know, but this is a firm date and, of course, its right before the election. And it is exactly two months to the election, and the two campaigns are in high gear. Joe biden has reversed himself. He will travel to kenosha today. He said he wouldnt go, now he is going to be the comforter in chief. What will he say to the burnedout Business Owners . President trump goes to pennsylvania. Hell speak at Arnold Palmer airport just east of pittsburgh. Ive got a feeling hell talk about fracking. Stay with us, please. Youve got to say what Speaker Pelosi is saying about her break th
rate and imposing a 25% minimum tax on wealthy americans. here with a look at the coming showdown in congress our wall street journal columnists khan henninger and mary anastasia o grady and editorial board member kyle peterson. so, dan, i couldn t help but notice that the new york times this week portrayed the president s budget as moving to the center. is that how you see it? [laughter] whoa. well, it may be where the new york times describes the center. no, that budget moves smartly to the left. i mean, senator elizabeth warren was beside herself over all the tax increases on the wealthy. she just thought it was great. you know, this is really a peter pan judgment, paul. you just spread pixie dust everywhere, and the economy takes off. we could make fun of it, we say it s not going to happen because of the republican house. i could make a couple points about in this. one, if perchance, this is a campaign speech concern a campaign budget, there s no question about it, a
president biden downplayed that balloon s significance in an interview this week saying the flight was, quote, not a major breach. let s bring in retired four-star general jack keane, chairman of the institute for the study of war and a fox news senior strategic analyst. general, good to see you. thanks for coming in. so do you think the administration did the right thing here shooting down this latest object so quickly after it had waited a long time to shoot down the balloon? no, yeah, absolutely. it s the right call. i mean, it s interesting what we don t know, as you indicated, we need a lot of answers. what s very revealing though and concerning is that this we did not pick this up before it entered u.s. air space which is very similar to the historical record we were able to put together after the spy balloon transversed the entire swath of united states. we went back and looked at what s the history of chinese fleet balloons, and we found several of them that had, in
paul: the kidnapping of four and the murder of two u.s. citizens in mexico is prompting calls for the biden administration to use the u.s. military against that country s drug cartels. south carolina senator lindsey graham introduced a bill wednesday to designate them as foreign terrorist organizations. and in a wall street journal op-ed last week, forger attorney general bill barr wrote that the u.s. should confront the cartels the same way past administrations confronted isis in the middle east. here s barr on fox this week. the cartels are in charge. the mexican government allows them to operate from these safe havens and pump poisonous drugs up into the united states that are doing massive damage to our people and our economy. and it s not going to stop unless we croix these organizations. paul: we re back with khan henninger and mary anastasia o grady.
panel, kim strassel, khan henninger and kyle dan henninger and kyle heaterson. peterson. kim, what was the big takeaway from your point of view at that session? yeah. welsh there was a lot discussed, paul, but the big takeaway is that the if fbi and christopher wray, its head, are now very much in the hot seat. you saw senator grassley there also every thing was wisconsin senator ron johnson, and they talked about the fbi s what they felt was fbi interference in their getting out a report that they had done a couple of years ago into hunter biden s business dealings, allegations that the9 fbi has not turned over information that they demanded, allegations that the fbi helped to squelch the hunter biden story in the runup to the election, allegations that the fbi has been engaged in. too many targets like looking at parents and school boards, etc., as domestic terrorists. so there s going to be a lot