President obama released his 2017 budget request today. The 165page budget includes a plan for a new transportation system, a plan to increase clean energy and investments to cure cancer. The budget director and other Administration Officials outlined the proposal at a press conference earlier today. This is about an hour and 15 minutes. Good afternoon, everybody. Nice to see you. In a totally different environment than we are used to. Obviously, today is the day that many of you have been waiting for for a long, long time. The president has released his fiscal year 2017 budget. Were going to have some presentations at the start before we get to your questions. Theres one point that i wanted to make before i turn it over. Its simply this, budgets are important because they enumerate priorities. When you have something this detailed, theres no fudging. It becomes quite clear when you look at the numbers what you believe rates. And thats the importance of this exercise. I acknowledge as
Announcer next, Shaun Donovan outlining president obamas 2017 budget request. Then Defense Department the pentagonsss portion of the 2017 budget. Then examining u. S. Efforts to combat terrorism. On tuesday, Shaun Donovan and other Administration Officials outlined the president s 2017 budget request. It includes plans for a new Transportation System funded by ap paid by Oil Companies. Clean energy and investments to cure cancer. This is one hour and 15 minutes. Mr. Earnest good afternoon, everybody. [inaudible] obviously, todays the day that many of you have been waiting for a long, long time. The president has released his fiscal year 2017 budget. And were going to have some presentations here to start before we get to your questions. Theres one point that i wanted to make before i turn it over to sean here. And its simply this. Budgets are important because they enumerate priorities. When you is something thats that this detailed, theres no fudging. It becomes quite clear when you l
Reliable access to data. African leaders are puffer suing innovative pursuing innovative policies. We are investing or very heavily in modernizing and upgrading our security infrastructure. [speaking in native tongue] translator all investments in the country are guaranteed, including the transfer of dividends by a foreign partner. The result is reliable and sustainable growth, Building Confidence across the continent and abroad. The rule of law is the first safeguard, and the political will to protect business people. The risk factor is not something thats out of your control. These things are identifiable, and you can work around them, and you can invest in the resources to mitigate these risks. As african governments digitize, more data becomes available, insuring oversight. Kenyas gamechanging [inaudible] allows 19 Million People to text and move money safety and transparently. It not only increases the velocity of cash, that is the speed at which cash moves across the economy, but
Its staying on my agenda and im going to do everything i can to help america to become energy independent. Gearing up of a showdown, the french lower house approves the 2015 budget. Coming up, we ask the european Vice President if paris will face any punishment. No comment from pbnp paribas on reports that executives have been targeted in an Insider Trading probe. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. And it continues to be the big story of the day. The bank of japan says a continued economic recovery is on track despite surprise data earlier this week that shows the country slipping into recession. The central bank kept its economic view unchanged as widely expected. Although one member of the board dissented. Speaking after the meeting, koroda said quantitative easing would continue until the 2 inflation target is reached. He injecte suggestions that the central bank should have refrained from further easing givenlg the delay i
Gerri weve got a big show for you tonight, starting with the war going on in your living room. Netflix is fighting the Cable Companies over streaming video speeds. Consumers already suffering with slower downloads and youre about to get hit again in the form of higher cable bills. Joining me now, glen duren from consumer reports. Thanks for coming on the show. We just heard in the last hour on our network some people in washington are saying this isnt a big deal with consumers. Theyre not getting throttled on spee downloading like house of cards from netflix. What are you hearing . We heard probably what you heard, there obviously have been a lost complaints. A lot of them surfaced especially this past weekend when house of cards launched and netflix takes up an enormous amount of internet traffic. So netflix has been saying that basically theres a lot of congestion and that there is potentially even throttling going on by the isps, the Internet Service providers. Hard to know what is