the fact of the matter is it is growth being curbed, not the programs themselves. look at this. the congressional budget office says we spent $100 last year and we re supposed to spend $106 this year. for a lot of people anything less than 1107 is a cut. there are no medicaid cuts in terms of ordinary human beings refer to a cut. we re not spending less money one year than we did before. we re growing medicaid more slowly over the 10-year budget window. neil: i want to repeat again, if you were to follow the traditional media describing this budget, this isn t a pro-trump or anti-trump statement here, the fact of the matter here it is the biggest budget in american history, $4 trillion worth of spending. every single major entitlement, every single program will be getting more money than was originally going to be the case down the road. now, what was curbed was the growth. in other words the growth of spending, medicaid, you heard a lot about that. still over the next 10-y
maria: spread the message of solidarity, protest against trumps when he ripped the country. thousands of people filling the streets in at least 10 major cities. we will bring you the details coming up. the central bank and sher jan ellen goodman space-bar political pressure. we are taking a closer look. general motors but the automaker and its first playoff and six series and ohio and michigan. earnings season for retailers gets underway. investors will be watching the guidance for the upcoming holiday season from the group. markets this morning looking higher. more gains on wall street. the rally yesterday goes on with industrial average up about 150.3 global markets rallied as well. the initial shock of the trump factor has worn off as people focus on its economic plans and pretty good as her corporations. dax in germany with the highest level of the year right now up 1%. the nikkei average joe nearly 7% on the session. but two and a quarter%. up almost 2%. a deer hunting s
41 puts it in a so-called bear market. alphabet shares on the rise. energy giants on the move this morning after earnings, this, as oil sinks further into bear market territory. and, man, those exxon numbers weren t good. and the dnc wraps up. economic growth coming in well below consensus. 1.versus 2.6 expected. gdp in europe disappointing overnight. s&p and dow up a little bit. the best month since march but the first down week in five, perhaps. you had to go through a gauntlet. apple. facebook. alphabet. and, amazon. and, i gotta tell you, 4 for 4 is pretty impressive. you see the nasdaq holding in there. playing catchup. i didn t think we would go through the gauntlet unscathed. i felt one of them would screw up. i think the worst one was amazon and that was pretty great. it was not as huge an upside. and i have to tell you, their conference call has gone back to this opaque nature i can t stand. you know why the quarter was good? a fly wheel. fly wheel? that s
sector. you are looking at america lost one-third of its manufacturing job since 1997. this is america we are talking about. charles: donald trump doubling down on his rally cry against trade and trade policies killing american manufacturing jobs. a wichita aerospace company announced they will close the plant and move operations to mexico. this is a company for the last few years. you can see revenues have gone down and they have had a lot of losses. i m trying to get them on the show. in real life these manufactures are in some cases between a rock and a hard place. today s chicago p.m.i. report shows manufacturing is up. you can see a huge spike. the only element in this entire report that was down were jobs. how can jobs go down and manufacturing go up. does donald trump need to address this trend or sort of recraft the anti-nafta message that works politically. but how well does it work economically. kevin, you know, manufacturing output up 57% since nafta went into ef
philadelphia, above average, used to the warm weather. eighty-four in reading. eighty-four in wilmington. nice and warm 85 in atlantic city another beautiful beach day underway. dew points more comfortable then they were over the weekend. we have dew points in the 60 s and 07 s now we re talking about dew points in the 40 s and 50 s. closer to 6o it is not dry, dry air we are feeling but it certainly is dryer, then later this week we will talk about dew points in the 40 s, and also a hint of fall in the a air, as we head through late thursday into friday. we will show thaw coming up. i will show you future weather, couple showers could pop up through this evening and tonight. i don t expect much. mainly off to the north and west through the overnight hours, could see a rumble of thunder or rain drops hitting roof top overnight, you see at 1:00 a.m. through poconos and lehigh valley. tomorrow chance for shower or thunderstorm as well. latest on tropical storm colin, trajectory