Vacation. Its not only increase federal boring it also opens a door for billions more in domestic and military spending. Allowing the deficit to rise next year to almost 1. 4 trillion. As someone once said a trillion here and a trillion there, soon talking serious money. The timing is not coincidental to the plan pushes tough decisions on spinning an effective Government Shutdown well past the 2020 election. The plan also put on hold automatic budget cuts notice sequestration which will put in place and the obama years in an effort to keep government while Government Spending keeps going up the economy may be slowing. The Commerce Department reported on friday Gross Domestic Product was down to 2. 1 percent. A 2. 1 percent in the Second Quarter of the year. It is down for the first quarter. They also revised down estimate for Economic Growth last year and 2018 to rates below three percent. Which had been a previous number and the administrations target. With me not to discuss all of th
Trend but just an adjustment. Here is his rather ignor ignoret statement about Interest Rates. To ensure against down side risk to provide support to the economy. If those factors are pushing down on economic growth, then to support inflation. We think it will serve those goals. But were thinking of it, essential well nature of mid cycle judgment. Lou a mid cycle el anxiety jus. Dow sold off and nasdaq down 155, s p fell 45, Edward Lawrence with more on the story from the white house. Reporter the Federal Reserve cut rates a quarter of a point. But not everyone in the room who was voting was happy about it. There were two decenters, boston Federal Reserve president , and kansas city Federal Reserve president , they thought that fed fed funds rate needs to stay where it was. In end Federal Reserve chairman powell said it was nothing within u. S. Economy domestically that called for a rate cut. To your point this afternoon, Federal Reserve say the in light of implication of global develo
Thursday, march 7th. And this is fox friends. Ainsley the brother of laken rileys murder suspect linked to Venezuelan Gang. A live report from the border. Brian big shocker. Plus, we are hours away from the State Of The Union. Thats our permission to stay up late tonight. Brandon branding his address as a public reset. Steve new kid on the block. A 21yearold beat out a long time incumbent in North Carolina. Ainsley 21 . Steve i know it. We are going to talk to him. Lawrence second hour of fox friends begins right now and remember, mornings are better with friends. All right. We start this morning of fox friends with the State Of The Union address, which is tonight, where laken rileys parents were invited to attend but declined; however, a georgia congressman is leaving a seat open in her honor and her memory. Ainsley tonights speech marks a Pivotal Moment from President Biden and his 2024 opponent. Former President Donald Trump says that he is going to be watching closely, factchecking
threatening our safety. china, our border, major problems that need to be addressed now. the first step in fixing a problem is admitting you have a problem in the first place and the biden administration can t seem to do it. how would you describe fentanyl problem in america. it s a horrible epidemic unleashed on purpose by the sinaloa and gent jalisco cartel. brian: they smuggle it in over our border. but where do northeast they geto they get it from? garland left out of his test moan which, china. it s hard to find anyone in the administration to find anyone willing to attack the problem at its core. fentanyl is targeting our children, our next generation. 2/3 of overdose deaths in our nation come from fentanyl and in young children deaths are rising faster than any other group. does that s concern you? it should. it should never make its way from the hands of our youth in the first place. and city would be great if they never took a drug that s not prescribed by a doct
threatening our safety. china, our border, major problems that need to be addressed now. the first step in fixing a problem is admitting you have a problem in the first place and the biden administration can t seem to do it. how would you describe fentanyl problem in america. it s a horrible epidemic unleashed on purpose by the sinaloa and gentlem jalisco car. brian: they smuggle it in over our border. but where do northeast they geto they get it from? garland left out of his test moan which, china. it s hard to find anyone in the administration to find anyone willing to attack the problem at its core. fentanyl is targeting our children, our next generation. 2/3 of overdose deaths in our nation come from fentanyl and in young children deaths are rising faster than any other group. does that s concern you? it should. it should never make its way from the hands of our youth in the first place. and city would be great if they never took a drug that s not prescribed by a doct