Cspan2. Arkansas Governor Asa Hutchinson and Michigan Governor Gretchen Whitmer discussed rebuilding the economy to help working families. This event is hosted by the Bipartisan Policy Center. Welcome to the kickoff of the bipartisan eat policy centers summits. We are coming together to support workers and families with a pragmatic agenda for the new congress. The document is not simply a series of what we think are good policy ideas but also a reflection of the core values and commitment that animate the work of the bpc. We believe in support pragmatic leaders who have the courage to prioritize helping people today over some effort to try to build Political Capital for a theoretical battle in the future. We believe the best policy is forced by constructive collision of ideas among principal people who reflect the diversity in the real differences that exist in our country. We note that durable policy requires compromise as neither Political Parties have the legitimacy or mandate to go
The republican senate. We are living through one of the greatest failures of president ial leadership in our countries history. Did you hear that donald trump . You have created one of the greatest failures of president ial leadership. We are going to this last portion of the conversation because the senate is about to gamble back in after their weekly caucus meetings. Senators continue work on the 2021 Defense Authorization bill with votes scheduled later this afternoon for five Senate Coverage on cspan2 a senator madam president. The presiding officer the senator from wyoming. Mr. Enzi madam president , i rise today to discuss our federal finances and the need to address our unsustainable fiscal debt and deficit. The federal budget has already been on an unsustainable path before covid19 reached our shores and before the pandemic and our governments response to it, which has accelerated what i believed is a coming day of reckoning. I recognize the unprecedented crisis presented by th
Markets i treasuries as well. The aussie 10 year yield down 16 basis points and money rush into the end. Oil in a bit of a freefall once again. Brent crude down more than 6. 5 . We areke below 20 and watching indonesia here in particular just coming online. The stock index drops re. 5 . Once again, we are seeing a lot of these em volatilities, back once again. We are watching the pboc after that interesting move to cut the seven day repo rate by 20 basis points so they are joining in on the stimulus ways. Lets get more on this with david ingles coming forward. We are watching u. S. Futures in particular continue to head lower. Lets start with the 7 billion injection into the system. I mean, quite a bit. David yes. A couple of things i guess to get out there. You dont normally see a reduction of this magnitude from the pboc. You also have to consider the fact that we know the economy is not doing well and in fact, the latest forecasts now suggest quarter on quarter, you take the median.
This discussion. You can see the rest of it on cspan. Org. Going live as maritime administrator mark busby is talking about defense funding, live coverage on cspan2. Retired navy admiral mark busby. I would like to welcome the general officers and the many distinguished guests that are with us this morning. Welcome to our industry partners, leaders of industry and others for your continued support of this event in the navy league as a whole, General Dynamics is pleased to sponsor the special topic breakfast. These events and venues for the Defense Industry to interface with government requirements and acquisition professionals, something that we value. General dynamics thanks you for your participation and we thank General Dynamics for their support. Now back to our special guest. Are you ready, admiral . Admiral mark busby was sworn in as maritime administrator on august 8, 2017. Prior to his appointment he served as president of the National Defense transportation association. A posi
Thank you for coming. Welcome to infrastructure week. We have been looking forward to this awhile. Infrastructure was a thing that all pundits after the election when we were in this fractured state after the 2016 election, will democrats and republicans be able to Work Together on anything, people said infrastructure. Why . Democrats like spending money and donald trump likes having things built, sees himself as a builder. We were supposed to get something. We havent gotten something yet, and well, policy always proves more complicated in practice than in promise. And thats the complexity of this, why we assembled the excellent panel we have today. Anybody that follows stuff about transportation infrastructure, the way cities work follows nicole. Senior fellow, contributing editor and columnist at new york post. Nick lawyer is of heritage foundation, focuses on energy, environment, regulatory issues. A Deputy Director of the thomas rowe institute for Economic Policy studies. Finally,