To mark up its bill this afternoon, we are now hearing a repeal of of the Obamacare Mandate will be included. More on this Development Just breaking in the past hour. Attorney general Jeff Sessions grilled on capitol hill, what he is saying about a special prosecutor to investigate the clintons. Judge Andrew Napolitano is here with his take. David senators murkowski and collins are apparently going it vote for the bill. The dow recovering not quite enough to stay out of the red today. Down about 30. Go straight to Nicole Petallides on floor of nyse. Ge used to be a megastock. It has shrunk so much the past years, only counts for seven points of the dow but hovering near a sixyear low, right . The dow is weighted average, price goes down, value goes down, it will weigh less here on Dow Jones Industrial average. It is number one biggest loser in percentage terms. Down 12 in just two trading days as company cut its dividend unexpectedly. Everybody expect ad dividend cut but they didnt exp
Statutory debt limit as soon as possible. A Bipartisan Policy Center in washington released its statement, based on bbcs projections, the debt limit would need to be raised suspended by the end of september to ensure the federal government does not fall on obligations. Joining us now is steve bell and a former staffer from the Budget Committee as well. Great to see you again. Walk us through this x date. It is a window through september and october. Steve every day our team goes through on a daytoday basis and says pardon me what has to be paid today by the treasury . And we make an estimate. We compared it to the last 45 years and then we take a look at one of the statutory requiremd payments by the treasury. That is one reason we are all surrounding here in our shop the date of september 29 two about the first week in october. On october 2, the beginning of the week. We have an 80 billion plus transfer from the treasury over to the veterans retirement system. That is mandatory. On oc
Ready to deliver his first address to a joint session of congress in just five hours, the president will lay out his bold agenda for our country amid new resistance from some top republicans, his own party. Plus the battle to repeal obamacare. Some republicans are getting cold feet about fulfilling president s promise to replace the president S Health Care law with something new. Congressman mark sanford sounding off on why his replacement plan is the best choice. Melissa back to the markets. The dow failing to end the day in the green which would mark the longest winning streak in the indexs 120 year history. Lori rothman on floor of new york stock exchange. Why didnt we make it today . Well blame you. Thats fine. Im kidding. A couple of things caught my attention at closing bell, melissa. Russell is comprised of smaller Cap Companies that have more exposure to the u. S. Economy. So it is down 1 1 2 today. Sad, sorry, the dow didnt hit the 13th, unprecedented record. It is only down.
How to have the talk and to outsmart scammers. This is on the money. Your money, your life, your future. On tuesday, primary voters in two battleground states ohio and florida will go to the polls and the number of potential president ial candidates in the race could still narrow. Everyone is promising better Economic Times ahead, but are the promises grounded in reality . What do the plans mean to your wallet. Get him out now. Get him out. Excuse me, im talking. And you know what they say about men with small hands it has already been a wild year on the campaign trail, what will all of the noise mean for the economy and your money . Not even the experts can say for sure. It is amazing. Its almost a civil war within are having difficulty with this. But there will be a new president next year and that will mean big changes for your taxes, retirement, and jobs. On toxs, republicans are over the map. There is a consensus to lower taxes, but there is a disagreement on how to do that. Donal
But i submit to legalism. What i want to talk about is the world that robert kagan and Bret Stephens once that is undergirded by American Power and i think that is the world we all believe has been vastly beneficial for the United States, for canada but for by and large the whole world. It allowed the transformation i talked about are not in america. The question is what is made that possible . I would argue the image you should think about is Franklin Roosevelt after winning decisively in world war ii. Decides he wants to create the United Nations an institution which all countries would be represented and try to make a systematic and institutionalized effort to produce a new kind of Global Politics in which other countries are respected, their voices heard and that is really what the United States has at its core been trying to do since 1945. Its not really because the United States has gone into lots of third world countries and intervened and beaten up people and killed leaders tha