President trump also made news in this impromptu get together which we werent exactly expecting on a monday morning, saying the coronavirus briefings are making a comeback starting tomorrow from the Briefing Room at 5 00 p. M. Start our coverage with chad pergram who covers capitol hill. Chad, that meet meeting in the oval office set the table for next few weeks negotiations. What are we looking for . Reporter a lot of negotiations will be with republicans, make no mistake on that. Republicans are all over the map on this by there is major disagreements how to do another bill. Treasury secretary Steve Mnuchin said they will be about kids and jobs. Senate Majority Leader Mitch Mcconnell said he will take control to write the bill in his office. There is lot of questions whether he can finish a bill at all. Mitch mcconnell is confident they can. Listen. Begin the process of socializing what weve been discussing with the administration over last two weeks with our members. Were looking fo
Eliminate the Affordable Care act individual mandate. 9 00, an assistant secretary of east Asian Affairs gives analysis of the trip to asia by President Trump. Caller good morning. Host lots of headlines coming out of capital this week from tax reform to health care and gun policy to allegations of Sexual Harassment and how both parties are responding. It we want to get all of your thoughts on this. Democrats 202 7488000. Republicans 202 7848001. , 202 7488002. You can also send us its we or a spoke. Com. Congress this week is our topic. We want to get your thoughts on all the different stories are in lets take a look at the front page of two national papers. Times. The Washington Times, the new york faces senate obstacles. On Sexual Harassment, the Washington Times has the headline about al franken. The senator apologizes for misconduct. The New York Times frames it this way. You also have this headline this morning and the Washington Times, a mistrial for senator bob menendez. It the
Nations in the world. Corporate rates will be reduced from 35 all the way down to 20 , which will make us competitive again and Companies Wont be leaving our country. Finally, our tax plan will return trillions of dollars in wealth to our shores so companies can invest in america again. At the same time, we are working to reduce wasteful government spending. We will hear from budget director mick mulvaney, who is working with my cabinet, to find taxpayer savings in each and every department. The cabinet members with us today are working on getting reductions to their various apartments that we think will be able to save a lot of money, even lower than the budgets we are submitting. We will be working on health care, infrastructure, and welfare reform. We are looking very strongly at welfare reform and that will all take place right after taxes. Very soon, very shortly after taxes. Onwill be submitting plans health care, plans on infrastructure, and plans on welfare reform, which is des
Overnight in asia, youre going to see whats happening. Well talk more about whats happening here with the futures. Overnight in asia the nikkei down by 1 2 a percentage point the hang seng up by. 2 . The shanghai composite down by a similar amount in europe this morning with the green arrows there, youre going to take a look and see that gains across the board dax up by 1. 25 . Cac up by. 9 . Crude oil prices, take a look at that, too. Last week for the week they were down by 60 cents down this morning another 55 cents to 57. 82 for wti. You think you can keep bringing things in here and yes. Driving your yes. To thats exactly what i think. Because you can. Because i can. That definitely is i try to spread cheer. Grat grasso messaged me, imt on youre trying to create tension. You bring me like back you know remember your thumb was sore and i got you some epsom salt. And today you brought coffee. Thats a way to do it. Hes the man. Im half italian, half sicilian. That means dont cross hi
Deduction to San Francisco filers so we think that its about 2. 1 billion for the state and local tax dedukd deduction a lot smaller, i dont know, 100 million or so in the property tax deduction. Supervisor cohen so overall theres less revenue going into the state budget and the local San Francisco budget for us to then reallocate during the budget process . I dont think that its a direct affect and if you take 2 2. 1 billion out of the local economy, you have to expect that it will affect the local business ability to invest or to expand supervisor cohen to hire. You have to expect that Discretionary Spending would decrease because the cost of necessities is going up and it would certainly affect your sales tax. The effect on the Housing Market and our transfer tax and the property tax as a result seems like it would if anything it would have to possibly drive down prices and just reflecting the fact that most buyers are going to have higher costs to finance and then pay taxes on thes