Joining us on the phone is lindsay mcpherson, the house leadership reporter. Congress has a midnight deadline on friday. Two overt a shutdown, they need to come up with some kind of deal. Moment. N impasse at the it is an impasse at the moment. Fourweek stopgap with funding for chip and the delay of some help your taxes. The problem in the House Republican conference are defense hawks frustrated about on defenset spending. They are looking at potentially do forfor money to money on the offense or defense anomalies. Negotiations continue around that. There are no plans to change the bill, but that could change. Negotiations are fluid. Corks you have a headline in your article that paul ryan is stuck between the Freedom Caucus and the democrats. Corks right. He needs one of their votes to get the cr through. The defense stuff, if it doesnt work out, the Freedom Caucus has three options beavoid one would defending defense at higher levels until the end of the year for nondefense agencies.
Started, last friday we had the talk of inflationary pressures in the jobs report had people worried including the sky. The market was down 666 and you started to think about a new environment that might include inflation Rising Interest Rates and we got the week ending up back to monday. Thats when we saw the word volatility really spike to the top of your word search and people not only had volatility but they were betting against it. Those bets became unwound in these comp located Financial Products that neil has talked about so much that were created after the crisis and i got ugly as those anti volatility bats were unwound. Wednesday the volatility, the upanddown was still there but the market was down by only 19 points on the dow at the of today. Yesterday was interesting. People on wall street said a lot of people lost money in the portfolio because none of their trades were wor working. We were down a 18 in 2008. We ended where we are will probably have our worst we can the dow
What do you think of how the media are doing . Doesnt focus on one or two individuals, excluding the others . Are there ways to improve coverage . Here is a chance to let your thoughts be known on Media Coverage campaign 2016. Hear us out you can call us. 202 7488000 for republicans. 202 7488001 for republicans. 202 7488000 for democrats and 202 7488002 for independents. It imposed on her Facebook Page at facebook. Com cspan. You can email us, too at journal cspan. Org. Highlighting those that will not dissipate in the debate facing polls, with donald trump leading those polls with 22 of those polled followed by jeb bush and wisconsin Governor Scott walker. For those who did not make the cut and who will appear earlier in the afternoon, the former governor of texas rick perry also former senator Rick Santorum governor bobby jindal, and others. The first debate is sanctioned by the rnc. When it comes to the process that is used, it was done on polls. Usa today criticizes the fact that u
Interviewed him last week. He said they were going after the individual mandate. I know other folks have said they want to go after this. Now President Trump has weighed in. Its 338 billion. What is the problem . Good question. What is the problem . I think its good for President Trump to weigh in because listen, if i were advising him, i would tell him to take his message on the road. Go out to the people, make that face time, and then in return, they will lean on their representatives, their members of congress. I think its good hes leaning on them. Well see how this plays out, of course, but they deliver on obamacare so they have to be watched. The house delivered eventually. I think in this case, everything is at stake, everything is on the line. I find it interesting that he has the tweak the stuff out because it feels to me there communicating as much with republicans on capitol hill as the American Public. I think hes trying to put pressure on them for sure. I do like this idea
Host joining us now is the jonathan shea, the author of audacity. Thank you for joining us. I love the book, a fascinating look back at the Obama Presidency. I was struck by the way it begins. It begins with a chapter on what you call americas final sin. Why is that . Because when people look back on obama 100 or 200 years from now when his presidency, the first thing theyll learned that he was the first africanamerican president or the first non white male president. That was not just a historical footnote and this is in just a breakthrough, but its something that defined in the public mind something he had to grapple with and i try to make an argument in the book that its not just something that happened to him, it was something that he helped shape and create a narrative of race in america that help bring america forward. So it was hardly incidental. It drove opposition for him in a huge way. Race was just central, the perceptions of obama and everything he did from healthcare on wo