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Capitol hill where Congressional Budget Officer director Phillip Swagel is getting ready to testify before lawmakers on the cbos budget. The hearing is expected to begin shortly and youre watching live coverage on cspan3. Good afternoon. Ill call the committee to order. Today the committee will hear testimony from the Congressional Budget Office director Phillip Swagel. These projections account for the effects of the covid19 pandemic and legislation enacted in response to it and provide a window into the future of our financial state. This is dr. Swagels first time testifying since becoming the 10th director of the office. Unfortunately, the pandemic has delayed us from having him appear before this committee. I would like to thank dr. Swa ....
Good wednesday morning, welcome to squawk alley, im Carl Quintanilla and morgan brennan. Retail is a big story this morning. Well start with tech stocks on the rise including facebook and alphabet two tech names in the top five of goldmans most important positions for hedge funds. Our next guest notes that to see acceleration in online ad growth in facebook and alphabet is no surprise to see it in snap, twitter, and pinterest is notable joining us this morning on where goldman sees buy opportunities is goldmans lead analyst, keith terry. Good to see you. Thanks for having me. One dynamic has been reacceleration in revenue revenue in some of these names i think it is the most important thing. To see all five of the major online ad platforms show accelerating Revenue Growth tells you something bigger is going on this is coming amid all of this uncertainty, right weve had a lo ....
[inaudible conversations] next the director the Congressional Budget OfficePhillip Swagel testifies on use economy before the house Budget Committee. He will be focusing on the cbos baseline budget and Economic Projections and ways to improve the agencies accuracy and transparency. Youre watching live coverage on cspan2. [inaudible conversations] [inaudible conversations] welcome. Committee will come to order. Committee on the Budget Hearing today on the Congressional Budget Offices budget and Economic Outlook will commence. Well hear testimony from director swagel ....
there s dead can worms and fish all throughout this water. something i just discovered is that if you scrape the creek bed, it s like chemicals coming out of the ground. if you come here, i want to just show this to you. i don t know if you can see this in the camera, but watch this. you can just see that chemical pop out of the creek. this is disgusting. remediation of the water in the direct area of the spill is going to the take some time. just as it is taking some time to deal with the dirt. this is not a simple process. we encourage you people to continue to avoid that area. maria: then, communist china flexing its muscles at the munich security conference this weekend, blaming the u.s. for strain thed relations despite a sophisticated spy craft traveling above america for a week, recording images of u.s. military installations. but despite painstaking, 40-year-high inflation, cancerous materials dispersed in ohio and america under surveillance from communist chi ....