host: good morning. at the white house later this morning, the president heading to camp david for an overnight there. it is july 3, a federal holiday for independence day. federal offices are closed, and the market has a three-day weekend. the new york times, more on the situation in california, and that state s budget. paying taxpayers, vendors, and lower budget. a new general motors could emerge from bankruptcy protection as early as next week. our question this morning, focusing on the economy, specifically, what will it take to jump-start the economy? our line for democrats is 202- 737-0002. for republicans, the number to call is 202-737-0001. when have our normal line for independents, 202-628-0205. a job loss in the month of june of 467 dozen jobs, and the headline says rising job losses damp hopes of discovering. inside the new york times, consumer spending amounts to 70% of overall economic activity. in recent times, americans found their way to fuel spending e