Beginning. It was worse than a gamble. It was sort of betting your life savings on the turn of a roulette wheel. Reporter back in 2012 the University Spokesman told us there was nothing to worry about. We have no financial issue here for at least the next 26 years. Reporter somehow he stands by that Statement Today claiming the cal athletics deficit is separate and cannot be tied to the stadium. The stadium debt has little, if any, impact on that deficit. Reporter he said numbers show the stadium made 26 million in revenue in 2017, an 8 million surplus, math that only works if you divorce the stadium loan from the Athletic Department deficit altogether and even the chancellors Intercollegiate Athletics task force linked the deficit to the payment. When this charge is deducted from operating profit, it creates expenditures over revenues. There is no distinction made there whatsoever. And so it seems like a shell game to me of the way that youre explaining it, you know, robbing peter to
Respect. And i think we could use a lot more of that spirit in washington these days. A lot to talk about over the next two hours. Lets go to our panel, jessica and mo, also shawn steele and ron brown. Ron, to you first, with The Big Picture here and the implications for the coming m midter midterms. Every special election, we say focus on the final margin, not who won. What does this say . This put a big you sharpie underline on everything thats been happening since Donald Trumps victory in 2016. On the one hand, there was an unmistakable move toward the democrats in this district. Oconnor won 65 of the vote
there. An unprecedented showing for a democrat. He gained as well in delaware county, and not as much. Thats what ultimately sank him, and republicans retaining very big margins with slightly disappointing turnout in the rural parts of the district. Thats what we saw in virginia, alabama, and in pennsylvania, the distribution of the district was a little different, which allowed r
Republicans and democrats are breathing a little bit easier today with votes still in. Bo parties appear to have survived thewo top primary systems and avoid being locked out of key races. The president is attending a briefing on the Hurricane Season at fema headquarters in washington. A stope make with first lady Melania Trump. It will be her first public event in front of cameras in 26 days. Shes been largely out of sight since undergoing a medical procure last month. Back here in california, both parties, democrats and theyre happy. Though do say that it is likely the democrats will have their candidates on the ballot in districts that could help them take back the house in november. And republicans will have a candidate in the governors race. A businessman President Trump endorsed, so naturally the president is taking somecredit. He tweeted it was a great night for republicans and congratulated john cox on a big nuer, adding he can win. With almost all votes in, cox is frontnnerews
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