Willis, white house positions saying the president can work on erected without disruption, he is continuing to do that, the president of first lady seen mild symptoms from the coronavirus, today a flurry of phone calls from the residence of the white house behind me too a number of folks because the president is continuing his or workload, this morning the president spoke with Mitch Mcconnell and also chief of staff mark matos focused on the job. I think the good thing about this president , not only is he staying committed to working very hard on behalf of the American People, his first question to me this morning is how the economy is doing, how are the stimulus talks going on capitol hill. A lot of communication back and forth with the next stimulus talks, the next Coronavirus Relief package between treasury secretary Steven Mnuchin and House Speaker nancy pelosi speaking for 60 minutes, management testing negative along with other cabinet members. A source tells me because of my ne
Back up from the coronavirus lockdown today, we have a lot coming up, will meet the owner of a Construction Company in a few minutes who is finally back on the job and very happy to be back. Will check in with local retailers who have more freedom to operate today than they did yesterday, will also introduce you to the owner of the north brewery which is the location from where we are blood testing today. All of that is coming up, stay with us that our better top stories and fox Business Team coverage set up with Lauren Simonetti watching the markets for us and from President Trump, hillary bond reporting on rising tensions between the u. S. And china but we start with edward. President announcing operation warp speed, there is a new head of that the chief scientist who in the private sector develop vaccines, he will be partnered with general from the army to help not only make the vaccine but distributed in the President Donald Trump says he will begin distribution of the vaccine the
Overdoses in all. The dea says counterfeit drugs are being passed off. They are 50 times more powerful and it can be lethal even in small doses. A man beaten in november, arrested friday by the fbi is due in federal court this week. Kathryn has more on this. The hearing was set for today. Originally it was put off until wednesday. Attorneys may have been there for a short time. The federal case against him rein mas sealed and they are not offering any comment. He was arrested friday by the fbi, released from custody this morning. This was the scene friday as agents took him into custody. This was from a home and visitation valley. Several others were arrested including a woman identified as his girlfriend. His mother said outside the court house since the beating at the hands of deputies, he has become unpredictable. She said he is suffering from paranow wa and posttraumatic stress and he was beaten on streets at the end of a car chase that began an unincorporated november 12th. That b
Industrials. You mentioned hewlettpackard. That is wang had negative down point itself. Names like apple for examplevirtually flat or leaning to the downside. Connell will get the numbers in the economy. Dagen steve forbes is from forbes media. I am always and often missed. Europe is raising taxes, driving their economies into recession. Japan is doing the same thing. We are about to do the same thing. The best thing that could happen is they kick the can down the road and do nothing. Postpone everything. Put it off for six months so that they do something sensible. Raising taxes on capital. Raising taxes on small businesses. That just means how much damage will be done. That will slow the economy next year. Dagen this is interesting. Most of the predictions have been, if we go over the fiscal cliff, then the odds of recession go way up. You are saying just the opposite. If we do not go over, if we come to a deal, we go to recession. Just postpone it for six months. Put it off so you m
Good evening, everybody thank you all so much for joining us today. Its my pleasure to welcome everybody to todays event, a celebration of the 40 Year Anniversary of the reagan tax cuts. Im matt dickerson, director of the Grover Center for the global budget here at the Heritage Foundation. Our team and i focus our research on issues related to taxing and spending. Unfortunately, i think theres been a little too much of both of those going on recently. But were very excited to be launching this event, this celebration the economic recovery tax act was a positive change in tax policy, yes. But it represented much more than that. It was a change in the mindset. The 1970s were a time of high inflation, high unemployment, low opportunity. Our nations leaders rejected the idea of american greatness and thought the American Dream was behind us. 30 years ago, the heritage hosted a celebration for the tenth anniversary of the tax cuts. It was titled, the importance of americas victory over wash