Global markets are going now. Dont do it today, hitting that 118,000 mark, could tomorrows jobs number put us over the top . A closer look at what people are expecting tomorrow morning, when that allimportant report from the Labor Department is released, 8 30 a. M. Morelier Oil Prices Today as we showed here on closing bell yesterday. Some stations, look at that we did it, 1. 99 a gallon. Thats why a few politicians now from both sides to of the aisle are starting to talk about the possibility of raising the gasoline tax, which hasnt been done in about 20 years and use that money to help fix our crumbling infrastructure. We have a de bit on that. Our friends kudlow and frank will be joining us. That should be fun. Looking forward to that. Will have a chance to weigh in. Here is what we see on the markets, an hour to go in the session it is the oil names again which are weighing on the dow, off about 16 points. Seems like chevron off about 2 . Exxon down about half of 1 . The s p dividi
And that was hed asked you about mindless austerity, mindless sequestration cuts, ndless which was both in your written testimony and your spoken testimony. Do you really mindean mindless or was that a misspeak . What i mean by that is we sspea should look to make smart cuts hould in programs that arent working. It doesnt say smart. It says mindless. The implication of mindless is that it t applies a kind of across the board one size fits all approach to cutting spending as opposed to what i think were trying to do in our budget, which is to be much mortar getted. Fair enough. But i guess the point the chairman was getting at is given that bob woodward wrote about it and he says it was the brain child of jack lew in the white house. Was the president not smart in offering that proposal . I think the history was it was something that was thought to be so bad that it would neverd neve go into effect. So i dont think anybody at the time thought it was a smart strategy for reducing our bud
Test test test test test test test test test test test test test test test test test test test test test test test. That weve seen substantial improvement. The thing that they want to see get better is they want their wages to grow. And that is the key focus of middle class economics. Thats what this budget focuses on. It helps their paychecks go further in the short run by helping them pay for child care send kids to college for retirement and it helps create the jobs of the future and make sure families are ready to take those jobs with training and other investments. Director, are those surveys of politicians or surveys of real American Workers . Those are all surveys of the American People. Thank you very much. Now, is it accurate to say that the debt has increased under both parties over the past 15 years . That is correct. Thats correct. Both parties. Yes. So as a result i think that over this period, weve seen Interest Payments increase under leadership from both sides of the ai
Form in rural and underserved areas. Cms recognizes challenges faced by beneficiaries and providers in rural areas. I look forward to working with hrsa and the congress delivering quality care to Medicare Beneficiaries regardless of their location. Thank you again and im happy to answer your questions. Thank you both. Let me answer a couple of questions and well do fiveminute rounds here. Mr. Morris, the department the budget the administration submitted would have cut your budget by 20 million. Did you ask for that cut . Mr. Chairman, we support the president s budget and the request that came forward. We think it supports the key programs for our office. Includes continued funding for the outreach program, the rural hospital flexibility program. For our policy and Research Activities and we think those are the programs that can be most effective meeting the needs. Where are you going to spend 20 million less than you are spending this year . The president s budget there is a decrease
Seem in each instance to be either supporters of the president or align with a special interest that he favors. Tonight, we will take up the imperious and Obama Presidency and the power he has been concentrating on. Also, wall street update to begin this week. The president play politics when the market that the Government Shutdown in debt ceiling and tonight we will examiner what prices investors may pay for this campaign of pain as it extends to wall street. The Obama Justice department goes after the man who blew whistle on the government gunrunning operation known as fast and furious. Attorney general eric holder and the alcohol, tobacco, Firearms Agency are trying to block the whistleblowers book on what happened in the fast and furious operation and why the Obama Administration is standing in his way. And as you see in this video, a nightmare on the track and in the stands, a horrific crash in the final lap of the houston grand prix spilling into the stands, injuring the driver a