Hide price sticker shock. No ones been fired yet and team obama keeps assuring us all is well, but its not. Meanwhile all appears to be well on wall street. Thats a good contrast. The record high for the s p 500 today. En investors shift their focus from washington to profits and rock bottom Interest Rates as far as the eye can see. All those stories and much more coming up on the kudlow report beginning right now. Were live here 7 00 p. M. Hee eastern, tonight story, the partial Government Shutdown is over. President obama signed into law a deal approved by congress to reopen the federal government and provide a temporary debt ceiling hike. Averting by the way a potential treasury default. But president obamas speech today unveiled his strategy. No good. Raise taxes, spend more, dont touch entitlements. You know what, old wine in new bottles. Or maybe its a wolf thin wolf clothing. Lets get the latest from robert costa of the national review. He joins us live from our nations capital.
Chair will now recognize members from lists submitted by the majority and minority leaders for morning hour ebate. The chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip each, to five minutes but in no event shall debate continue beyond 11 50 a. M. The chair now recognizes the gentleman from california, mr. Schiff, for five minutes. Mr. Schiff mr. Speaker, for nearly three years, the arab middle east, an enormous arc stretching from the atlantic to the indian ocean, has been in turmoil, millions frustrated by a lack of Economic Opportunity, repressive politics and a social structure often at odds with the modernity, have taken to the streets demanding change. Their future hangs in the balance with the former regimes on one side and the religious rule on the other. Faced with these daunting realities, the Obama Administration maybe in the midst of a strategic reevalua
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Development. Don . Reporter jewel yet, shoppers are in the store. They are shopping and it is after all the Christmas Shopping season but they are concerned and hoping that target will fix the problems. Jp morgan chase in an effort to protect customers and its own southwests moved to limit interests moved to limit debit card purchasing power. Customers calling chase heard this we are aware of the data breach at target stores and were monitoring our debit and credit cards to help protect you. Reporter chase customers who shopped at target between november 27th and december 15th have debit card daily limits of 300 for purchases and just 100 for cash withdrawals. Through the credit union they said we dont have any particular problems. Not really worried right now. Reporter it turned out to be a shopping boon for sally. I was here during that time. But when they did say 10 i came to target. Reporter 10 for being a good Loyal Customer and coming back. But you didnt bring a credit card. I br
Experience and were working around the clock. Target says that hackers stole data from about 40 Million People who shopped at its stores between november 27th and december 15th. We have a deal. B. A. R. T. And its unions reached a tentative agreement today on the controversial family provision. Heres a look. A bereavement leave policy expands the list of deceased relatives and workers get paid time off for the death of a grandchild or the stepparent of a spouse. In another item, break rooms get upgrades at three b. A. R. T. Stations and a third feature allows workers more flexibility in how they pay for family medical leave. The unions say theyll take the deal to their members. We have a general agreement with b. A. R. T. On some issues that were in the contract. B. A. R. T. s general manager put out a statement saying quote eat servic bay area during the peak hoy period and beyond. Ac transit also has a tente Labor Agreement with its bus drivers. The union presented the transit also h