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Foundation does and how you do it. Is an the Tax Foundation organization that educates the public on tax policy and also assists members of congress in developing tax policy. We do in particular analysis of the costs to the economy and to the government of tax increases or tax increase tax decreases. Host as we look at recovery efforts, it has now been four months since america started shutting down. Congress appropriated over 2. 5 trillion in response. At what point do we start focusing on longterm recovery as opposed to responding to immediate needs that are happening in the here and now . Guest that is hard to say. I originally thought when the crisis began that around the end of the summer, we would need to make a strong tilt towards longterm growth. So we would have sort of a threepart approach to this during the immediate crisis, providing liquidity for businesses, households so they could keep their rent payments, they coul ....
Chair discusses the coronavirus. Join the conversation on facebook and twitter. Washington host good morning. It is monday, july 13, 2020. A threehour washington journal ahead and we begin the day the race from the for the white house and we are three weeks away from Vice President joe biden announcing his running mate. We want to hear from democrats who do you think joe biden should pick to be on the 2020 ticket . Democrats in the eastern or central time zones can call in o 274 88000. You can also send us a text. Please include your name and where you are from. A good monday morning. As a reminder, joe biden has said he would pick a woman to be his running mate in 2020, so that helps narrow down the list, but were asking democrats who runninge joe bidens mate. This piece takes up the 11 most logical picks. The top three, congresswoman val demings of florida, senator Elizabeth ....
Asia thanks a second wave is coming. Stay talks with potential suitors are progressing well. Lets take a look at how we are checking up on this friday session of the week. We had a pretty good lead, ill be at a volatile session on wall street. Volatile section on wall street. U. S. Stocks falling after President Trump said he did not want to talk about trade issues with xi jinping. Going into the close, we saw a surge in oil prices, energy stocks, as well as beaten down bank and financial shares leading those gains. We are setting up for a pretty positive open here in asia. In new zealand, we are seeing trading get underway. It looks like we could pick up gains after two days of losses. We are seeing a positive lead when it comes to trading futures in japan, in hong kong, and in australia. It is a big day today when it comes to indicators out of china. We get those domestic activity numbers out when it comes to retail sales and i ....
Matt stocks and freefall. The s p 500 sees its worst session since 2011 and the fastest stock Market Correction ever. 5 trillion in Global Market cap are erased in a week. Virus fears intensify. Cases and south korea to knock 2000 cases in south korea top 2000. Jp morgan joints citigroup and Goldman Sachs in slashing estimates for u. S. Companies, and crude slumps. Oil set for its worst week since 20 11 as well as opecs secretarygeneral says there is a renewed commitment for joint action. A report says saudi arabia wants producers to agree on additional cuts of one Million Barrels a day. Just under an hour away from what could be a bloody day of trading. Futures that i looked at were the worst since at least 2016 on the stoxx 600. Anna good morning. Is this what f ....
Pace in over 20 years. Industrial output and retail sales fall short. Jay powells happy place. He says Monetary Policy is where it should be as he sees monetary growth continuing. I think Monetary Policy is in a good place. If developments emerge that cause a material reassessment of the outlook, then we will act appropriately. Anna less than half an hour to go until the start of the equity trading day in europe, this is what the futures look like right now. They look weaker across the equity markets. And for the u. S. Equity markets, we have the ftse 100, the cac also weaker. Expectations for a weaker start being paired back a little bit by some reassurance from the german data. Lets not overdo that because the global story around growth is not a positive one. Lets have a look at u. S. Futures. They also have been pointing to the downside. Lets see if they still do. They d ....