Mr. Blumenauer its come to this. Republicans are poised to pass the largest transfer of wealth in our nations history financed by mortgaging our childrens future with a mountain of increased debt. Whats wrong with this picture . Well, first of all, nobody really knows everything thats in this bill. Its been written over the last few days to satisfy donors and win the final few votes necessary for senate passage. It is not tax reform. Its not even a policy. Its a collection of special interest provision being sold on a false sense of promises. Its decidedly not middleclass tax relief. Its permanent, massive tax reduction for the largest corporations and wealthy individuals. Every independent expert agrees and the American Public understands that the benefits of this bill flow not primarily to the middle class but to people like donald trump. The vast majority of americans get little and temporary tax reduction. Only to see the bottom 80 of our taxpayers on average actually facing a tax
We will have their ceo with us just before he goes on a conference call. Happened withat the failed coup on friday we want to see what the central bank ones are doing. They left their benchmark rate unchanged at seven and a half percent and cut their overnight lending rate about 25 basis points. We do have the lira depreciating slightly against the dollar. The Turkish Central Bank said it took measured steps for simplification simplification. The lira on the move to the downside. Lets get a check in on the rest of the market. Record highe fifth on the s p 500 in just under a week over a week. Future softer. The dax down by one full percentage point. All 19 Industry Groups on the stoxx 600 have been in the red so far. The ftse 500 down one third of 1 . Germany Investor Confidence absolutely plunging. The fx market, the aussie dollar getting absolutely whack. We have some minutes from the australia centralbank, very dovish minutes potentially setting us up for a rate cut. The dollar is u
What we do know that President Trumps approval numbers are going down as cases spike in 25 states. Deaths surging in 19 states. That may partially explain the apparent uturn by the president tweeting a picture of himself wearing a mask thats after a month of downplaying the use saying it looks unpresident ial. Mocking joe biden for wearing a mask. Lets begin with cnns john harwood at the white house for more on the briefing. If you dont have the experts will this be part political, part Health Related . What should we expect . Well, certainly it will be substantially political if there are no experts there. And it would be dangerous for President Trump because the more he talks uninterrupted himself about this issue, the worse he hurts himself politically. Thats why even though right now we dont expect that Coronavirus Task forces, debby birx or Anthony Fauci will be there, i suspect by the time we get to 5 00, aides will persuade him that someone with authority on Public Health issues
Pennsylvania avenue and comes in front of the white house. The president traditionally will get out of the limousine to a reviewing stand and then spend about the next three, four hours there as every marching band from every Military Branch and high School Across america goes by in front of that reviewing stand. There you see hillary clinton. Bill clinton coming out front there. That will not happen this year. They had the reviewing stand set up. Took it down when it became clear that coronavirus was not going to allow that parade to transpire. Sandra, i spent two years on a flat bed truck that was leading the procession of that parade. It is quite amazing, as we see former president obama and Michelle Obama come out. Really is extraordinary to have that perspective, as the president makes his way up president avenue with throngs of cheering crowd, none of which will happen this year. Sandra chief Justice John Roberts doing the swearing in. We watch many of the former president s and
And law professor. If elected she would make history as the first female president of the United States of america. Shell take questions from democrats and independents that say they plan to participate in the democratic primary and caucuses. Please welcome senator elizabeth warren. How are you, good to see you. Have a seat. Oh, this is fun. So youre a former law professor. Feel good to be back on the campus. Always. Absolutely. Which is more fun . Teaching law students . Teaching on a campus or working with senators in the u. S. Senate . Teaching. Are you kidding . Much more fun. I thought you might give that answer. Lets start with our first town hall question. The first one comes from christopher, hes a doctoral candidate in Public Health here at Jackson State University. Good evening, my question is mississippi is a deeply red state and one of the poorest states in the country. Yet many white poor and working class citizens continue to vote against their economic interests. What me