Edward. Reporter Federal Reserve has left rates unchanged. This is the sixth pause in a row for this. Now with the first line of the statement has a word thats been added to it. It says the Economic Activity continued to expand at a solid pace. Now the statement says that the fed sees job gains remaining strong. The fed also sees inflation easing over the past year but remaining elevated. The Committee Also changed the statement to say that employment and inflation goals have moved into better balance over the past year. The fed leaves one sentence in. Its a very key sentence, saying it needs to gain greater confidence that inflation will move sustainably to 2 . Again a very key phrase in the statement. One big announcement of the fed statement is going to make, the fed is reducing runoff of the Balance Sheet. Starting in june the fed will go from 60 billion of runoff in treasurys, rolling off 25 billion. Going down to 25 billion in treasurys, rolling off starting in june, amount of mo
I really encourage all of you to share your thoughts and observations using life at urban. We encourage you to ask questions by emailing event at urban. Org. We will make a point to use these questions in the q a portion of the program. Im excited to join the Tax Policy Center and i thank you for important issues surrounding our states fiscal futures. The panel would examine obstacles and opportunities, governors and legislatures will face in the decision as they passed a budget. The budget this year of the budget process this year appears to be exoptionally challenging. But federal policy will look like in a wide range of areas. As the new administration fans at the new policies are shaped, its important to recall many programs being discussed are implemented at the state and local level. Educating children, building roads, the social safety net is largely done by state and local governments of federal funds paper 130 state expenditures. The federal government through provision of fun
Should donald trump get back on message . Bear in mind the democrats only have one way they can win, that is to keep donald trump off message, keep him talking about things that really dont matter and dont have a big impact on the country. And make this into a personality battle. They figure they can win. There is no way they can win on the economy when we have 20 trillion debt, huge fiscal gap, all these things going on with isis and terrorist groups, educational woes. The number of problems for which donald trump has some very Good Solutions because we discussed these things but he never seems to get to those because he gets caught up with other things. It is entrenchment. He is coming to understand that and i am hopeful that you are going to see him pivoting when they try to trap him into silly issues again. Charles a lot of this happens when he is in a 1on1 interview with progressive media types and they sort of bait him in there and it is that new yorker. I am like that too, a kne
Host do you think that argument is going over well with voters out there . Guest i dont really think it is. We have the highest place of unemployment in the country and the highest foreclosure rate in the country. President obama has not been good for nevada. All these statistics show that we are worse off now than we were four years ago. It is time to put somebody else in there. That is why you see the polls narrowing the closer we get to the election. Host we are taking your calls in this segment. This is former state Party Chairman dan burdish. Give us a call. We still have that line set up for nevada residents. Will go right now to joe in richmond, indiana, on the republican line. Caller thank you very much. Id appreciate you taking our calls i appreciate you taking our calls. Nevada definitely has a need as far as support and things like this. I truly feel president obama has had four years which we hear a lot of rhetoric but the truth is in the fruits of the person. We need to de
Rhetoric we will get for the next two weeks, but more than that, what you are not seeing is what is going on, and that is those get out the vote efforts, and those are the most intense things. Both these campaigns are doing year oldsave these 14 talking to their friends on the social network, so there is a lot of stuff going out there that is not apt obvious to the cameras eye, and that is read the election is. This has always been a base election. It has always come down to this. Whose base is more excited . Who will get their people out president obama at a storybook turnout and election team. I do not know if it is there, because they are driven by energy and passion, and were not sure if it is still there. This is about the phone calls, the pickups we will pick you up at 8 00, bringing four of your friends. And make sure you bring an i. D. To the polls. We looked at this to the veil of how can we tell this story, and it is hard to tell the story in hiding. We gauge what they think