Results for its vaccine, phase one trial in humans. Weve got a lot more on this coming up in just a moment. But this is a very positive development. When this was announced the stock rally that had already been in place gained a lot more ground. One more positive indicator for you. Thats the price of oil. We are back to 32 a barrel. We are driving again, we are emerging from a lockdown, demand for gas and oil up and up goes the price. Key indicator. Now, look at this weekend. All across the country, people were out and about, enjoying the weather and enjoying their freedom, too. There has been some relaxation of lockdown rules in 49 states. Connecticuts the lone holdout. They open up in just a few days. Bottom line, the economy is opening up and in most places, people feel willing to shop, eat out and socialize. Its hard to see how the authorities can reverse course and clamp down all over again. The genie is out of the bottle and the Moderna Vaccine news is the icing on the i can kcak
Hillary vaughn. Reporter source familiar with Republican Leadership in congress, says it is bestofthree really bad options they had. It is what they wanted to do, put the budget drama on the backburner for the next two years. Here is the deal House Speaker nancy pelosi worked out with the white house. Raise spending caps by 320 billion, including 22 billion for defense and 27 billion for Discretionary Spending. All that comes at a cost. The committee for a responsible federal budget blast its price tag, estimating the two Year Agreement could add 1. 7 trillion to the national debt. White house Economic Advisor this morning admitting the republicans didnt get to rein in spending as much as they would have liked. We never get spending restraint we like to get but i must say in the difficult atmosphere today, one of the key things that Steve Mnuchin, treasury secretary Steve Mnuchin, we got a two year extension on the debt limit. There is no threat to the credit standing. By the way in te
As we take you through the latest on that front. We want to hear from you about your immigration policy priorities. Give us a call. Tell us what those priorities are. Democrats, 2027488000 is the number for you. Republicans, 2027488001. Independents, 2027488002. You can also catch up with us on social media. On twitter, its at twitter. Com cspanwj. On facebook, its facebook. Com cspan. And a very good Tuesday Morning to you. You can start calling in now with your immigration policy priorities as we take you to ed okeefe on the phone joining us. Hes a congressional reporter with the Washington Post. You had an article earlier this week previewing the woe that the immigration debate would be playing in the current round of budget talks. At this point, does it appear hat a daca fix and immigration fixes are going to happen alongside a larger budget deal . Caller guest too soon to say but everyone seems to be heading in that direction. Some who have been working on this issue for several y
Down three basis points. We have not hit below 2 since april of 2015. Thats the dollar index strength. Brent is a little weaker by. 3 . 64 crude. Im looking at brent and going what happened . Headlines from outside the business world. Heres taylor riggs. President trump is calling the north korea to make a deal on its missile and Nuclear Weapons program. The president met with south koreas president. He said the u. S. Is ready to use its full range of military capabilities if needed but he said it makes sense for north korea to come to the bargaining table. U. S. On capitol hill House Committee has voted to limit the socalled carried interest tax break often used by private equity and hedge Fund Managers. The new limit would triple the amount of time assets would have to be held to qualify for the Capital Gains rate of 24 . The houses spending four days this week making changes to the republican tax bill. In saudi arabia the anticorruption crackdown is expanding. Banks are being asked
Us why the sinkhole occurred but because there is a history of sinkholes on this property people feel it is just a matter of time before the next one opens up. The best thing they can do is keep running the plant. It wont help much if they stop. Dr. Brian burkey with Industrial Research institute, he hopes this crisis will start a discussion about what is next for the industry. It is a good conversation to have, fit. The world depends on fertilizer but try convincing people nearby it is worth it. Ryan raiche abc action news. Dep officials contradicting their own worker telling us in a statement they dont believe the stacks are a concern given the dep has rules in place mosaic releasing this statement saying in part our plants must approval by state and local authorities, anyone who questions the necessity of the phosphate industry must consider there is no substitute for phosphate to feed our nation. The state offering additional testing to people who live near the plant in mulberry. T