. Residency julie i think he has. Think he has changed american perceptions of who can be president. I think he has changed about ns perceptions what the president should say, how the president should act, acceptable in that role. I do think there is a question, whether any future president acts in the same way trump does. Actually is a model president or of whether we see an effort to revert back. There is certainly now a much ifferent idea about the qualifications that it takes to become president and who could themselves r prepared and able to receive the votes of the american public. That i think really in an extraordinary way. Steve jon jon, your thoughts o Jonathan Karl, your thoughts to that question . Jonathan we havent had a president like donald trump before now. Actually dont think well ever again have another president like donald trump. Figure. Hes a singular but that said, julie is exactly right. Boundaries. The i think some of it will come back to normal. This k, you kno
Capitol hill where Congressional Budget Officer director Phillip Swagel is getting ready to testify before lawmakers on the cbos budget. The hearing is expected to begin shortly and youre watching live coverage on cspan3. Good afternoon. Ill call the committee to order. Today the committee will hear testimony from the Congressional Budget Office director Phillip Swagel. These projections account for the effects of the covid19 pandemic and legislation enacted in response to it and provide a window into the future of our financial state. This is dr. Swagels first time testifying since becoming the 10th director of the office. Unfortunately, the pandemic has delayed us from having him appear before this committee. I would like to thank dr. Swagel for being here and thank the cbo staff for working to provide congress with informed estimates at a time of unprecedented uncertainty and unusual working conditions. Cbos updated budget projections confirmed what we all know, that the economic di
Year on Worldwide Exchange on cnbc welcome to Worldwide Exchange, i am Brian Sullivan. Thank you for joining us on this busy friday. Shocking news breaking hours ago as President Trump and First Lady Melania Trump have both tested positive for the coronavirus. Tweeting just before 1 00 a. M. Eastern that he and the first lady will begin their quarantine and Recovery Process immediately. The news coming hours after hope hicks, one of the president s top aids also tested positive for the virus. Monther details in a moment and throughout the morning stocks are reacting negatively dow down 328 points. Lets take a closer look and you can see at the point where news broke as the president broke it himself. They are still down more than 300 points the bond yield down as well. Down. 67 . All Financial Markets are moving oil is selling off in a fairly big way. Not just on the president s news but on the increased number of cases around the world and the likelihood of lockdowns and slow downs in
Of direct payments for Contact Tracing. House democrats move forward after negotiations with the white house failed to produce a compromise. Floor debate before the final vote. Lowey, is recognized. Mrs. Lowey im pleased to yield five minutes to the distinguished gentleman from massachusetts, from my class, the chair of the committee on ways and means, mr. Neal. The speaker pro tempore the gentleman from massachusetts, chairman neal is recognized. Ms. Neal thank you, madam chairwoman. I stand in support of the updated heroes act. The previous gentleman was dismissive of the idea that there is some import to this moment in terms of getting a package done. So that means expanding Unemployment Insurance, thats not important . Unemployment insurance that we might consider now which is part of the need of the American Family . A reminder, there are 26 million americans right now collecting Unemployment Insurance. Let me put this in terms of what an economist might say. If we dont expand Une
Fire up his base and his Coronavirus Diagnosis has made it even harder to divert attention from his much criticized handling of the pandemic. I have had straight over to washington now where our correspondent is standing by my trumps chief of staff says the president could be released from hospital today what can you tell us about his condition. Well frankly we dont know as weve heard weve seen a lot of conflicting information over the weekend with doctors painting this very sunny outlook like weve said he might possibly be released today but then off camera once reporters were able to ask more questions off the record both doctors and trauma staff are saying actually his oxygen levels have dropped twice here we know that hes on these drugs that are usually used to treat very severe cases of coded and its just really hard to parse what is the real information on his condition what is the white house in this is a white house that throughout his presidency has never been very forthcoming