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Transcripts For CNBC The Kudlow Report 20130108

Get ready to rumble, america. The First Political battle of 2013 is on. It starts in washington. Where today president obama for some reason went ahead with his decision to nominate chuck hagel for secretary of defense. Hagels a republican, but hes been accused of antisemitism toward israel and hes also soft on iran. And epa regulatory menace lisa jackson finally resigning because president obama apparently will approve the Keystone Pipeline. Thats the latest from a number of sources. And i say good riddance to her, but good for the Keystone Pipeline. Here is a disgraceful story tonight. New reports that welfare cash is being spent on strippers, booze, and important shows. Whatever happened to work requirements. And the battle everyones waiting for in miami tonight, notre dame looks to win the National Championship over obama. But in one way, the fighting irish may have already won. And last but not least, im going to tell you why i think a debt ceiling and Government Shutdown, bad ide

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Transcripts For CNBC Squawk Box 20131211

In a statement, the president called the deal balanced saying it increased target fee increases and spending cuts designed in a way that doesnt hurt our economy or break the ironclad promises weve made to our seniors. Its the first budget that leaders of both parties have agreed to in a few years. The American People should not have to endure the pain of another Government Shutdown for years. House Speaker Boehner said while mottest in scale, this agreement represents a positive step forward by replacing permanent reforms to mandatory spending programs that will produce real lasting savings. John harwood has the latest data from the nbc wall street journal poll. Right now, lets check on the markets. After all of this, we can see the markets are barely budge. Waiting to take their cues, see what they think, see whether this passes, nasdaq and s p down slightly and dow jones up 1. 87 points. Tenyear note down to 2. 808 . Andrew, good morning. Becky, thank you. Mastercard has now announce

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Transcripts For CNBC Squawk On The Street 20131211

Senate house negotiators dealing with a package that would fund the government through the fall of 2015. Costco shares are lower in the market after expectations missed. Mastercard boosting its dividend. First up, the latest aca enrollment numbers are out. Lets go to Bertha Coombs. Reporter good morning, carl. More than a quarter of Million People nationally signed up for National Health insurance plans through the exchanges in november, that according to the latest data from the obama administration, that brings the total to 365,000 for the first two months of open enrollment. As the administration was making fixes on the site, enrollment ramped up with more than 110,000 people signing up for coverage last month, more than four times the number of people able to make it through the system online in october. Number of key states operating on the federal exchange are accelerating, but not hugely. More than 18,000 in florida, up from 3,500 in october. In texas, the numbers are still low

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Transcripts For CNBC Worldwide Exchange 20131211

My apologies. We seem to have some technical issues. Lets recap this morning some of the headlines. Desktop computers are not dead. A rallying call from meg whit man as the hpcoe tells cnbc exclusively a turn around plan is on track but admits there is still work to do. We have to continue to innovate and you can discover the innovation engine is alive and well at hp. A lot of heavy lifting ahead. The eurozone finance ministers outline a political bargain to wind down troubled banks that fail to agree on the crucial issues of sharing costs. Hes confident that a deal can be done before christmas. We can now see the outline uls of a compromise and im quite optimistic that next week we can finalize it. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. All right. We have the latest data coming out from the iea, their report just coming out. Highlights of this, theyre talking about the wti spread, which we have looked at. It was around 17. 55 a b

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Transcripts For CSPAN2 Key Capitol Hill Hearings 20131211

Of their feeling confident and to grow and invest in this country. We know if that happens, that is good for job creation. I think that is what is being asked of us. We want to welcome our cspan viewers around the world. Cspan is big on front pages. This is the front page of print politico about the budget deal being reached. Madam secretary, lead headline in the wall street journal is the deal brings stability to the u. S. Budget. We can get a little carried away, too far what this deal means. It is not a big deal. Well, but what it does is, as we were talking about it evidences that there can be regular order. It means that we could then proceed and a budget is a big deal frankly. Weve been living far too long, far before i was involved here, without you know the kind of budgets and ability to predict. So imagine as a manager, which is where i come from, if you dont know what your budget is or not sure what the budget is for a year or two from now, how do you know exactly what you ca

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