A. M. Eastern tuesday morning. Join the discussion. Next a hearing on the u. S. Economic outlook with keith hall, director of the Congressional Budget Office that provides analysis. This is two hours. Welcome to the committee on the Budget Hearing on the Congressional Budget Offices and outlook. I want to thank everyone for being here this morning. Were holding the hearing to discuss the congressional economic outlook, which gives us a tenyear projection of our spending, our National Debt and how the economy is going to perform over the next decade. The report forms the corner stone of the work at the House Budget Committee and i want to thank everyone at the cbo for hard work in producing this report. Id also like to welcome the cdo director, keith hall, director hall, i do appreciate you taking the t time to testify today and lookak forward to your insight we discuss this report. Thei discussion we will have today is a serious one because we face enormous fiscal and economicwe challe
Naturally to. But theyre acting more like republicans. You can see the whole spectrum has moved to the right. Ive read your biography of fdr and i would like to say that we are fortunate that a Canadian Scholar will tackle so many of the questions in american history. I look forward to reading the book. I have to confess a in that department it was a very large department, 100 some faculty members. I was the First American on board. And they wanted me there because they wanted to teach american government. So in my entire exposure i taught american government. You see the statement in the policy discussion. It has unleashed a the war in iran into this theme and my question is do you think its fair to argue that we can blame the iraq war largely for the arrival of isis . So long as they remain in power they kept a lid on the secular state. I have been thinking a great deal about is there another Foreign Policy position that one might outrank the decision to go to war in iraq. The only o
Us. Gina martin adams from wells fargo. First, first world with Caroline Hyde. Caroline thank you very much indeed, david. Yes, lets look at the stage being set at the moment for the battle between apple and the u. S. Government. Apple is refusing a federal magistrate order to help the fbi unlock the iphone from one of the shooters in the San Bernardino terrorist attacks. Apple ceo tim cook says the company has given the fbi data that is in its possession, but cooks as building a back door cook sayse but 10 buildin him cook says building a back door to retrieve the information would not be good for security for customers. President obama says the senate needs to consider his nomination for the replacement of antonin sculley on the Supreme Court. The Obama Administration had reportedly planned a vast cyber attack against iran if the dispute had led to military conflict according to the New York Times. Disablingas aimed at the power grid and communications. Global news 24 hours a day, po
The yen soaring on the news. Does that excite you . With kelly here. Kelly can yes she loves currency stuff. Its crazy. Talking about 108 . Just the move. Look at that chart. I dont have a lot of insight. But i think it is remarkable that it can get whip sawed like that. Everybody piles in thinking it can only get weaker and then here we go. Live by the sword, die by the sword. Anyone putting their foot on the accelerate anywhere around the world is usually a boost and i thought really . This causes us to go down . Well the turnaround for japan. It was interesting when they did the negative rates thing in the first place. And everyones trying to do the same thing. But it was that moment they went negative you actually started to see things go the other way and it hasnt stopped since. When they go negative. Politicians do that a lot. They promise to not do that. I have to say two things. Can i compliment you this morning on two things . The tie and the haircut. Thank you. And dye job ho
Employment report. The bailout trail back in court. Bernanke, paulson, geithner expected to take the stand this week. A live report from washington. And bitcoin loses a fifth of its value over the weekend. Well explain why and what it can mean now for future of a controversial crypto currency. First up, shares of hewlettpackard jumping in the premarket. Confirming the company will split itself into two publicly traded companies. Services businesses take the name hewlettpackard enterprise. Davids going to have a live interview with hps chairman and Ceo Meg Whitman in moments from now. Well find out when this all began and why they couldnt have done this a few years ago. A lot more detail. You know, carl, for broader takeaways here, it is interesting focus on of course following announcement from ebay last week, and you know connection between these two companies, john donohoe taken over from meg whitman as ceo at ebay. And also in the interview i did with him last week, citing so many o