2.3 Trillion, 266,000, $928 Billion discussed on Austin's Morning News


51283605 90 Now I'm not going to start about and I'm not going to say it on there. I don't believe to say that on there and give it a little bit. Let everybody everybody wake up. It is 5 36, and we're so glad that there are no Ladies and gentlemen, you have found the tattoo done Show half and you can jump in at 51283605 95 on Friday. Yes, it is. It is. Listen, you can jump in any time you want We begin with the day's top stories. The Labor Department releases the key jobs report this morning for the month of May. The April jobs report was disappointing, with employment gains falling well short of expectations. However, for May, economists are forecasting a pickup in hiring as more people get vaccinated and businesses offer higher. And other incentives to attract workers. Economists surveyed by The Wall Street Journal are predicting around 671,000 jobs were added during the month after gaining 266,000 in April and that the unemployment rate fell to 5.9% in May from 6.1% in April. But even with a month of strong employment gains, the U. S will still have millions of fewer jobs than it did before the pandemic struck. Hillary Barsky Fox News another round of high level talks at the White House. House on about the topic is infrastructure. We begin with newsman Griff Jenkins. It is make it or break a day at the White House says Senator kept the returns for a second day of meetings with White House press secretary Jen Psaki, saying the sausage making isn't always pretty. And she says there's no Monday deadline anymore. So can they get a deal done? Let's take a look at where things stand. Remember the initial infrastructure offer from President Biden was 2.3 Trillion, u revised it to 1.7 Trillion. Now that latest just one trillion that's pretty close to the Republic. Against $928 billion plan now to pay for it. The White House walked back their initial proposal to raise the corporate tax rate to 28% as the GOP has consistently opposed any changes to the 2017 text law that dropped into 21%. The White House now is suggesting a 15% minimum tax to curb underpayment that is newsman Griff Jenkins reporting. He is also reporting on another story this morning about a former State Department official who says efforts looking into the origins of Covid 19 were heavily tampered. And I really think data like people getting ill in November from the laboratory. If that proves true, that coincides exactly when we know this virus hit China. And the former city See director says he was even threatened for his views. Challenging the biological bad theory. I have spent my life in virology. I do not believe This somehow.

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