Of course, two days before the floor vote, if we get there. Could the dont get stuck in committee today . Josh we will find out if the tax bill will move forward in the senate. There are two key senators that are uncommitted to the bill. Either one of whom could stall the bill if theyve dont vote in favor. The most important is senator ron johnson of wisconsin, who has a lot of concerns about the passthrough rate. Johnson himself was the owner of the passthrough business. He says if he is not satisfied with the changes that Mitch Mcconnell is going to make, he will not vote for the bill. The problem is, if mcconnell were to offer more generous pass benefits, it may have the effect of increasing the deficit, which may recognize the vote of tennessee senator bob corker, who is yet to be committed because he has concerns about the deficit. It is not clear whether Mitch Mcconnell will be empty square the circle by 2 30. David lets bring in our colleagues from washington. Pur, ron johnson i
Where julie hyman has the latest. Julie last week we have worst start to a year ever. Like we weretially going to see a rebound from those losses, but that does not appear to be holding, at least at this moment. The s p and the dow hanging onto very small games small gains. Declining as even the european stock market continues to gain traction. Take a look at my bloomberg terminal. I have the world market cap. This is an index that tracks it over the past year or so. Had 4. 5 trillion dollars from the value of Global Market caps. That does not include a decline we saw in china today. What is responsible for the deterioration today . You may see the defeat of oil once again. Oil prices are taking another leg lower here. Earlier in the morning, oil tried to make attempt make an attempt to ghigher. Morgan stanley saying for brent prices they could get as low as 20 if you size spike in the u. S. Dollar. Betty lets check in on the bloomberg first word news. Vonnie diplomats from four nation
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