Frankly, most importantly, we can all agree coming to some agreement in a reasonable time frame is probably the most important thing this committee can do to help grow our economy. And doing it on a timeline that allows the Appropriation Committee to deliver a result without shutting down the government or putting it at any risk is about the best thing we can do. I will agree we cant simply grow our way out of our problem. We have to address the driver of our debt and deficit. We have to dont reduce our deficits which weve cut in half over the last four years. If we dont, interest intense is a very real threat for crowding out both public and private investment in education r d and infrastructure. Over the last three years weve made real strides in reducing our deficit. We saved more than 12. 5 billion. Thats been unbalanced. About 70 has been from spending cut. 30 from revenue. We need to do more but we have do it, i believe, in a balanced way. Weve heard from senators about the need
Still smarting over scott rebuffing my valentines proposal but i know his wife so i know why. I know why. We have a story about which stocks and wall street ratings are working and which arent. Love never means having to say im downgrading. We will name some names first to sue. Happy valentines day. Thank you. To you too, ty, and to everybody out there. This has been a terrible winter. We all know that. But now its really started to show up more and more in the economic models as economists are really tracking the impact and taking it more seriously. A survey by the philly fed cutting its q1 growth impact from 2. 5 to 2 . It believes q2 growth will pick up to 3 . It also believes that hiring will slow down so were watching that very carefully. Meantime, shares of orbitz taking off. Today shares are trading down just a fraction, you could actually almost call that unchanged. Is the terrible weather hurting the travel industry or in some cases, helping it . More with jane wells reporting
Melissa all right, lets start tonight with pure money like how much ceos of Public Companies are making and the drastic difference between that number and what their employees are making. All with this question in mind. Is it even relevant . Should it really matter that someone running a huge company whos responsible for every aspect of how that company is run and profit it can generate for shareholders is probably making many, many, many times what the average employees are making. You cant compare the jobs so why compare the salaries . That is the heart of a battle brewing at thes. Ec, whether or not Public Companies should be force toddies close that ratio. Todays panel on the power of money is steve forbes, chairman of forbes media. We also have James Freeman of the wall street journal we have jonathan hoenig, Hedge Fund Manager and fox news contributor. Steve, let me ask you, who does this help . It helps nobody except the agitators, activist, shareholder activists who want to con
Melissa all right, lets start tonight with pure moneyike how much ceos of Public Companies are making and the drastic difference between that number and what their employees are making. All with this question in mind. Is ieven relevant . Should it really matter that someone running a huge company whos respoible for every aspect of how that company is ru and profit it can generate for shareholders is probably making many, many, many times what the average employees are making. You cant compare the jobs so why compare the salaries . That is the heart of a battle brewing at thes. Ec, whether or not Public Companies should be force toddies close that ratio. Todays panel on the power of money is steve forbes, chairman of forbes media. We also have James Freeman of the wall street journal we have jonathan hoenig, Hedge Fund Manager and fox news contributor. Steve, let me ask you, who does this help . It helps nobody except the agitators, activist, shareholder activists who want to control ex
Address the growing crisis. Administration welcomes new efforts by mexico to stem the flow of illegal immigration. Watch this. Certainly, a big part of this process is mexico stepping up and helping the United States do more by helping stop people from coming across our border, by stopping them in mexico. Dana Claudia Cowan is live along the border in El Paso Texas with more on this. Reporter good afternoon. While it remains unclear when or if President Trump will shut down the border this week, the white house announcing that he will head to the border in california on friday. Hell travel about 100 miles east of san diego to visit a newly completed section of the border wall about 30 feet long that replaced a fence that was made of landing maps dating back to the vietnam war. This marks the President Trumps fifth visit to the u. S. Border since taking office, fifth to this area. Hes all working at a fundraiser friday night. His threat to close the border is making people anxious. Whil