Tiktok bid jim, we will start with the retail numbers lowes is a good one to start with, its been called depots quarter on steroids today. Look, i think that Martin Ellison has taken a Company Making it anything but an also ran. 35 camp is terrific hes really got finally hes got the e com down Marvin Ellison is a turn around man par excellence and this is an amazing quarter we dont want target to overshadow it too much because i like the stock and i love the fact it wasnt up big early on its a buy yeah. In store traffic or in store comps, jim, up 11, which is different than what we saw out of others. I mean, i guess when you dont have as fierce a web challenge in Home Improvement and you have the stay at Home Rebuilding boom, thats going to add to a couple huge dynamics. Yes, it will. Remember, there was a period where lowes was not digitized enough also didnt really have very Strong Customer service. All of thats changed under marvin he is the last person to ever want to champion hims
From pope francis historic first trip to the United States word that the u. S. Has thwarted some kind of plot targeting the pontiff. The chairman of the House Homeland Security committee made that disclosure this morning after receiving a classified secret service briefing. Garrett haake has the latest on the pope and the city as they prepare for one of his many public appearances one week from thursday. The popes sixday visit to the United States will include multiple public appearances in open settings, something Security Experts say is part of what makes him so difficult to protect and why intelligence that allows us to disrupt plots against him is so important. Nine days out from the visit to d. C. One potential threat against pope francis identified and disrupted. We are monitoring very closely threats against the pope as he comes into the United States. We have disrupted one particular case in particular, but as that date approaches i think were all very vigilant to protect him a
Within five years. Its called operational control is the term theyre using for it and it would penalize political appointees if they dont meet those goals. Its not going to go very far. The house will pass it this week. You know the its contingent on both sides. Jay johnson, the head of the Homeland Security department has said its extreme. Unworkable. These are not goals that we can meet, so the democrats hate it. Interestedly, a lot of conservatives dont like it either. Senator Jeff Sessions saying that the mccall bill is terrible and the question mark is for boehner and the republicans is that conservative opposition going to reach a point they cant get 218 votes on the republican side to pass this thing, so immigration has always been a tough issue for republicans and boehner and its going to be a test for this week to see how well they can manage their conference going into this new congress. They have more seats, but do they have more power is the question. And thats going to be
Appropriations. And in fact just speaking a touch more broadly. I tried to think about the positives and the negatives of dynamic scoring on the spending side and all i could come one were negatives. The idea that there are biases against spending scores being positive throughout the process. The most important one just let me get it out on the table is and this is from work that richard koegen did. I didnt know about this. It is a bias that would lead any dynamic spending scores to simply provide more room for tax cuts not for more spending. So the budget act enforces allocations on the revenue side. On the Revenue Target and on the allocation target. And house and senate rules disallow taxes to go below the revenue floor or appropriations to go above committees allocations. Under the rule that were talking about the house dynamic scoring rule, if we were to move towards scoring Discretionary Spending any positive growth effects would be scored almost entirely as extra revenues just b
Exercise that kind of intellectual leadership on technological questions that deal with future threat. I think its part san that the pentagon is much larger. It has ever service dealing with new dock frin. I dont think congress is that inclined to challenge fundamentally the kind of weapon 178 that Defense Department proposes. I think you know, congress clearly does say we dont like certain things. But its often at the margin. We dont want this, we do want that. Its too early to cut the a10. Im not sure we see too many cases. So theres certainly the possibility for events to dramatically change thinking. It might act through the Defense Department and through the military to step up to the plate. Im not a defense expert, but my experience in agencies across the government is congress is much more likely to cement adherence to the past and change things to the future. All of those members have districts. Its more common than forcing in business. Other questions . Yes, sir . Yes, i have