Defend. To just over a month ago, the Congress Overwhelmingly cast and the president signed into law an appropriations bill that included 100 61 billion in discretionary funding for this subcommittee. While that was a billion dollars less than we had the year before, we were able to eliminate programs and prioritize programs in a way that allows us to do things, like return the yearround pell, the first time in nine years where students who begin this fall will have the opportunity to have a pell grant available to them yearround. This year, fiscal year 2018 budget proposes a significant funding decrease and labor, hhs, approximately 24 billion below what we are spending in the current year in the agencies that are reflected in the work of this subcommittee. That is a 15 cut. It includes approximately 59 billion, which is a 9. 2 billion reduction. You not only get the start with a new look at the department of education, but also with a new look at what we should be doing. We are glad
This is chaired by senator roy royt will stop senator blount. The appropriations subcommittee on labor, health, and Human Services will come to order. Morning to everybody, particularly good morning secretary devos and thank you for appearing before the subcommittee today. This is a difficult budget defend. To just over a month ago, the Congress Overwhelmingly cast and the president signed into law an appropriations bill that included 100 61 billion in discretionary funding for this subcommittee. While that was a billion dollars less than we had the year before, we were able to eliminate programs and prioritize programs in a way that allows us to do things, like return the yearround pell, the first time in nine years where students who begin this fall will have the opportunity to have a pell grant available to them yearround. This year, fiscal year 2018 budget proposes a significant funding decrease and labor, hhs, approximately 24 billion below what we are spending in the current year
This is chaired by senator roy royt will stop senator blount. The appropriations subcommittee on labor, health, and Human Services will come to order. Morning to everybody, particularly good morning secretary devos and thank you for appearing before the subcommittee today. This is a difficult budget defend. To just over a month ago, the Congress Overwhelmingly cast and the president signed into law an appropriations bill that included 100 61 billion in discretionary funding for this subcommittee. While that was a billion dollars less than we had the year before, we were able to eliminate programs and prioritize programs in a way that allows us to do things, like return the yearround pell, the first time in nine years where students who begin this fall will have the opportunity to have a pell grant available to them yearround. This year, fiscal year 2018 budget proposes a significant funding decrease and labor, hhs, approximately 24 billion below what we are spending in the current year
Public service by america asking Television Companies and is brought to you today by your cable or satellite provider. Education secretary duncan to testify this past week on President Trumps 2018 budget request which includes spending cuts for Public School programs and a proposal that encourages state and local districts to introduce policies for parents. The subcommittee hearing is just under two and a half hours. The appropriations subcommittee on labor, health, and Human Services will come to order. Morning to everybody, particularly good morning secretary devos and thank you for appearing before the this is a difficult budget request to defend. Just over one month ago, the Congress Overwhelmingly passed and resident signed into law a bill that included 161 billion in discretionary funding for this subcommittee. While that was a billion dollars less than we had the year before , we were able to eliminate in a way that allows things to do things like returned to yearround hell for
And the nasdaq pole volting 9. 5 , it was the fang stocks that led the charge higher. Yeah, facebook Amazon Google and now alpha bet. Weve got a marvel there is still one more rotation going on. This time back into the nasdaq. What gives . How did these stocks suddenly get their groove back . First as we put out last week tech never really goes out of style. If its really good it just simmers and waits and then pounces. This is an ageold pattern yi urged to you buy these tech stocks while they were down rather than abandoning them. How is it that this doesnt always seem to work. For one thing these fang stocks truly have no flies in them. They have a good story to tell. When we have a major move into the industrials and they are stretched as they have been these uber tech stocks dont seem as expensive as the rest of the market. Take facebook. We know we need to analyze this stock based on what we call the out years. By some estimates facebook is trading at a slight premium to the avera