Listen online or with the cspan radio app. Washington journal continues. Douglas Holtz Aiken is the president of the american Action Forum and also served as a former director of the congressional Budget Office from 2003 to 2005 joining us to talk about economic issues and the biden administration. Morning. Guest good morning. Host one of the key takeaways from the release of the budget last friday was this topic of debt and ultimately what happens to it. Summarize what you saw from the report and talked about what that means for people who look at these things such as yourself. Guest the report was striking. This is a budget that plans to spend more as a fraction of our national gross to Mystic Product on average over the next 10 years than we ever have, including the World War ii period. So you see the government spending a lot of money. To finance that, they will raise trillions of dollars in taxes, and we will average more in taxes then we have in the modern economic history, and i
Maria big rally, lets take a look at future, dow industrials up 160 points, s p 500 up 16 and the nasdaq up 60 points, quarter percent. Pretty good move this morning, we are expecting a strong opening, first two months that saw the dows best start to the year since 1987, look at the markets this morning and, of course, so far in 2019 up 3 and a half percent on the dow, up 3 on the s p and the nasdaq up 3 and a half as well. Thats just up for the month of february. Joining me right now from tjm investments, scott shellady, good to see ewe this you this morning. Good morning. We are looking at what the fed, the year curve, we are waiting to see if anything gets hotter, i have been saying for a long time, we are not seeing what we are putting in engine what we get out of exhaust, we have a little bit of leak, we are not getting the bang for the buck on what we are putting forward. I want inflation that will make me feel better, right now we are not seeing it. Where we are putting the engi
that s why our founders and their infinite wisdom set it up this way about that s our role and responsibility under the constitution, we re going to fulfill it we appreciate your doing your jobs and we thank you for your time. this committee stands adjourned. screeria nigeria. - here on c-span3 we show you congressional affairs hearings, on weekends c-span 3 is the home to american history tv. six unique series the civil war s history. history bookshelf, the best known american history writers, the presidency. lectures in history with top college professors. our new series featuring archival government and educational films through the 1930s and 70s. c-span 3 created by the cable tv industry and created by your local cable and satellite provider. janet yellin testified last week before the house financial services committee, defending the fed s monetary policy, and reemphasizing the fact that interest rates are likely to go up later this year. congressman jeb henzerlin
morning, everybody. welcome to today s event sponsored by the tax policy center. my name is mark mazur. i m the director of the tax policy from which is co-sponsored by the urban institute and the brookings institution. i ve been at the tax policy center just over a month now and i m excited to be part of this fantastic organization. we have a wonderful program today covering prospects for corporate or business tax reforms and featuring a number of perspectives. we have senator ron wyden, alan auerbach, who will discuss the destination based cash flow tax as a major step toward reform, followed by a panel of experts to discuss the pros and cons of this approach. we ll finish up today with the american action forum providing his views on the need and prospects for corporate tax reform. as we go through the program, i encourage the audience live at urban when commenting on today s event and in addition to those viewing with questions of the speakers, please send those to events