Vice president pence, senator Kamala Harris. Faceoff in the first and only vp debate. What to expect and how the night could impact the election. Plus boarded up and seeking shelter. Hurricane delta slams into mexico and heads our way tonight, tracking the storm, as it barrels toward a better gulf coast. Live from cnbc global headquarters, the fact, the truth, the news with Shepard Smith. Good evening again tonight our nation is at an impasse. Many of us and those who lead us are dug in on how to tackle the coronavirus. How to shore up the lives and livelihoods of those caught in the covid crosshairs, the infection rate is climbing rapidly. That is not in dispute, but we as a nation are at odds about how exactly to live with it, how to fight and where to fold as we stare down the killer among us and what to do about the money that tens of millions of americans desperately need stimulus talks are stalled and many who suffer wonder right now if help is coming at all as our leaders play p
Of them are dead. Bridge, the Golden Gate Bridge, may have some fog. An issue as far as the volume of california were still watching today in the bays kris the raging bobcat wildfire. Traffic a little sanchez is live at the scene this morning. Construction crew as you it. Roach 23rd. It is threatening in the san reporter this happened so close to campus, in fact, that back to you. All right, well, this is a gabriel mountains. We are right next door to a lot going on in san jose. Sorority house here near campus. Flames burned within 500 feet yesterday, close to it. Breaking news that were the observatory is more than 115 covering, a deadly night. Five people shot, two did not years old and is the home of the you can see police are still on survive. Today in the bays kris the scene and we are still waiting for the coroner. Hubbell telescope which sanchez joins us live near the scene. Revolutionized astronomy. This is close to san jose state the outofcontrol fire has burned more than 40,0
We are holding this hearing virtually in compliance with the regulations for Remote Committee proceedings pursuant to House Resolution 965. This is the third virtual subCommittee Hearing and the ways and Means Committee. As with our previous hearings i want members to know that i plan to continue this committees long tradition of collegiality and substantial debate, substantive debate, even as we conduct our business from afar. I will continue to work with the Ranking Member, mr. Smith, and his staff to ensure that the rights of all members are resected in these new virtual formats. Before i turn to todays important topic i want to remind members of a few procedural to help you navigate this new platform. First, consistent with regulations the committee willfi keep microphones needed to limit background noise. Members are responsible for on meeting themselves when they seek recognition or when recognized for a fiveminute statement. Second, members and witnesses must have their cameras
I want members to know that i plan to continue this committees long tradition of collegiality and substantive substantive debate, even as we conduct our business from afar. I will continue to work with the Ranking Member mr. Smith and his staff to ensure that the rights of all members are respected in this new virtual format. Before i turn to todays important topic, i want to remind members of a few procedures to help you navigate this new platform. First, consistent with regulations the committee will keep microphones muted to limit background noise. Members are responsible for unmuting themselves when they seek recognition or when recognized for their fiveminute statement. Second, members and witnesses must have their cameras on at all times. If you need to step away from the proceedings, please leave your camera on rather than logging out. Finally, we have several members who are waving on to the subcommittee for todays hearing. Given the large number i will recognize members in an
Have to act. Unless we get more support, i think the u. S. Will go back into recession. Isathan joining us now gershon distant belt. People, hey for many was asking fiscal policy makers to do more. Iu were the one person that have read in the last couple of days that believes that was a dovish news conference. Tell us why. Do agree with a lot of the clips you pointed out, ive been saying it for a long time. You need fiscal support. This belief that the fed or Central Banks can solve problems by themselves is silly. This is not a classical recession. There is nothing Central Banks can do to get people to go there is a supply shock aspect as well. Restaurants are not fully open. You cannot go to the sporting event. The fed can do all that wants but you need the fiscal side. In terms of the relationship to the dovish side, there were several indicators. The fed was clear, chairman powell was clear he was willing to do more quantitative easing if necessary. He didnt say anything about pull