Good morning. The hearing will come to order. Welcome to the committee on the Budget Hearing on the president s fiscal year 2019 budget. Today we will hear testimony from the director of the office of management and budget, the honorable mick mulvaney. During our hearing we will hear directly from the director of omb and we appreciate you being with us here today, mr. Director. Your insight will be very help of in our understanding. We see that the president s budget each year marks the beginning of the federal budgeting process or budget season as we like to call it, and the white house officially kicked it off on monday. While congress ultimately controls the purse strings, the president s budget request is still an important document for lawmakers to consider along the way. Each fiscal year the administrations budget documents documents the president s policy and spending priority. These are important for both changes to consider as work crafting the budget resolution begins in earn
Taylor not a whole lot going on here. Smaller gains wednesday. Really nothing here on thursday. The s p and nasdaq mostly unchanged. The nasdaq with slight green on the screen led by the pharmaceuticals. Gilead is still continuing to lead the gains there after the takeover of kite last week. Kite does more cancer drugs. That is one piece of good news with some small gain. I want to focus on the big losers we are seeing. Comcast is one name im focusing on. They are continuing to see increased competition. They may see 150,000 in subscriber losses. Shares down the most in two years. They are trying to slow those losses. You have other tv providers like hulu coming in cheaper with fewer channels. Cutters, ithe cord should note. Disney down 4. 5 . They are seeing profit in line with last year, but thats not good enough for investors. Is expected to be released in the 19. Along with the new espn app as well. Released in 2019. We are keeping our eye on irma. It is looking like it may hit flo
Good news regarding the ebola outbreak. The World Health Organization said it has been contained in senegal and nigeria. And playing for peace. Iraqs arthriti Artistic Community are hoping to bring harmony amid the fighting. Its the day after a peace deal was signed in yemen between Houthi Rebels and government forces. The rebels are still guarding major government buildings of sanaa, and also raided the homes of government authorities and tribal leaders. Rescue workers have found 200 bodies since the fighting began since september. We have this report. Reporter hours after a truce was agreed upon, yemens capitol of sanaa remains tense. Houthi rebels raiding the homes of top military and former political officials. The new deal will allow houthi domination in politics for some time to come. They have taken almost every government building. By the time they completed the assault the comprehensive Peace Agreement was signed. The president called it historic. With all the party and factio
The deal with twitter or go to trial already. Musk has fired twitter ceo, the chief Financial Officer and its chief Legal Counsel and reportedly have them escorted off of twitters property. Musk visited San Franciscos Twitter Office yesterday and then shared this video of himself carrying in a sink. It was in blog post that was addressed to twitter advertisers. That musk said the reason he acquired twitter is quote because it is important for the future of civilization to have a common digital square where wide range of believes could be debated in a healthy manner without resorting to fight violence. He basically said is about saving humanity and by completing the deal, musk and twitter have avoided a trial that was originally set to take place but musks takeover. And this immediate firings of some of the top of some of the top executives is making the future of twitter questionable. Many are going to be watching now to see how soon must could let former President Donald Trump back on
Catholic Health Association officials said the organization supports provisions in the President Joe Biden s Build Back Better Act that would expand health care access and affordability, and reduce disparities.