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Slightly. The Chinese Markets were closed for the dragon boat festival holiday. The nikkei ended flat. Down by 4. 5 points. In europe, some of the early trading, youll see right now it looks like things are flat for the dax. In germany the cac is off, and in london stocks down by a third of a percent. Crude Oil Prices Last week were all over the map. Ended up down 50. This morning down to 49. 57. Several headlines out of europe this morning. It is the euro moving following comments by mario draghi. Draghi signaling the bank is not yet ready to unwind simplus measures decemb s simplus st s measures. Lets look at the euro, at 1. 11 right now. A greek government spokesman denies that greece will opt out of the next bailout payment. Athens was weighing the option, but the greek spokesman said there will be a solution reached when european minute centers and minute centers and i ....
Families around the nation. Commuter rail delays. Falling leaves and snow. And the question surrounding the billiondollar this is sunday so we are talking football the billiondollar Fantasy Sports industry. Governor, great to see you as always. Gov. Baker and the pop quiz. Ed which i have in my hand. Unique pop quiz this week. Janet you re going to love this. Gov. Baker i m sure i am. Janet let s start with sunday football. Fantasy football i should say Fantasy Sports games should be regulated. The question is, should they also be taxed . Beyond what they are now . Gov. Baker let s remember it is important for the public to remember this if you win playing one of these games and you live in massachusetts, you are taxed on what you win. Draft kings is a corporation are untaxed, unregulated they are businesses. They have to comply with all the rules everybody else does. I m int ....
The revenue base is inadequate and have no way of getting to the specific spending reductions to hit their deficit targets of the plug the hole by rationing down Discretionary Spending in a way that is not what is the appropriate Revenue Target . If you look at the 2020 horizon and try to do the math, i think we need about 2 of gdp in additional revenue compared to current policy. That would come if we just allow all of the tax cuts, not just those of up to it pretty thousand dollars in income to expire. Not something we should do it immediately those of up to 250,000 in income to expire. Not something we should do it immediately. Beneath to we need to tackle entitlement as part of the package. When i get to the bidding cut out of the nondefense Discretionary Spending. In terms of the revenue, the key is ....