35 Burst results for "Three Hundred Billion Dollar"

 Here's What's In The Covid Relief Bill

Yahoo finance daily

02:06 min | 2 weeks ago

Here's What's In The Covid Relief Bill

"Congress passed a five thousand five hundred ninety three page corona virus relief bill and government spending bill for the fiscal year after reaching an agreement on the legislation over the weekend. The virus relief package is set to include another round of six hundred dollar stimulus checks to americans three hundred dollars per week in augmented unemployment insurance for unemployed individuals more than three hundred billion dollars in aid for small businesses including through the paycheck protection program and tens of billions of dollars across other provisions including rental assistance vaccine distribution funds and broadband support the biggest single component of the new covid. Relief bill is the refunding of the paycheck protection program with a total of two hundred eighty. Four billion dollars. Ian shepherdson of pantheon macroeconomics said in a note. Monday evening it worked and will work again by offering loans to small businesses based on the size of their payrolls with services jobs now in freefall according to the alarming daily data from home base. This can't come a second too soon. Though in reality firms likely won't be able to make applications under the new program for another couple weeks. He added still. This is a big step forward helping bridge. The gap between the third wave ravage services economy and the post pandemic world of the spring. All told the package came in at about nine hundred billion dollars or less than half the size of the two point. Two trillion dollar cares act from the spring democratic lawmakers have suggested the bill is just the start of a more comprehensive suite of fiscal stimulus however wants president. Elect joe biden. Takes office is suspect. Incoming president joe biden will be primarily focused on creating work for the ten million people who lost their jobs due to the pandemic and are yet to find employment james nightly i n g chief international economist wrote in a note tuesday morning. That means we are likely to see. Another substantial fiscal stimulus focused on infrastructure and

Ian Shepherdson Pantheon Macroeconomics Congress Joe Biden James Nightly
After Jack Ma, Is China Freezing Its Entire Tech Sector?

Techmeme Ride Home

05:25 min | 3 weeks ago

After Jack Ma, Is China Freezing Its Entire Tech Sector?

"So what did we miss. Well over the break. The whole chinese communist party versus jack. Ma thing got even more interesting. China's market regulator suddenly announced an antitrust investigation into alibaba for alleged monopolistic practices. Yes this sort of thing can happen in china to. I guess because as far as we know. This is the first investigation of its kind in china's internet sector ever coating the financial times the market regulator said it was investigating suspected monopolistic practices including alibaba's tactic of forcing merchants to sell exclusively on its platform a practice known as pick one of two in china among other issues. The brief statement from china's state administration of market regulation said the investigation into alibaba had been opened. Recently after complaints ali. baba's hong kong listed shares fell more than eight percent in early trading. Alibaba said it quote will actively cooperate with the regulators on the investigation and quote and that its business operations remained normal. This is china's first antitrust investigation into a chinese internet company for abusing its market dominance said scott you and antitrust expert at jong loon large firm quote. In a worst case scenario alibaba could be fined up to ten percent of its previous years sales and quote lawyers said the initiation of a former investigation met the government already had some evidence to support its case regulators quote definitely have evidence but it is hard to say whether they will ultimately decide this constitutes monopolistic behavior and its punishment said you jin wa at shanghai deboned law offices and quote so this story continues to fascinate me because for years the communist party has allowed big tech companies to flower in china to show that china could match the west for innovative disruptive capitalism albeit with the special chinese communist party spin on exactly what that entails implicitly. I suppose it has always entailed the communist party. Always having the final say on what exactly disruptive capitalism entails and it's interesting to see them very openly pulling the reins on jack ma one of the earliest and highest profile of the entrepreneurial success stories in tech china alibaba was founded all the way back in nineteen ninety nine. It was china's most valuable company for a long time though. Suddenly no more alibaba's seen almost all of this year's stock gains erased over the past few weeks wants the hammer began to come down on. Ma it all began with the canceled. Ipo of ant group. The finance of alibaba. Also run by jack ma and this morning even more. China's central bank has announced. That aunt must overhaul its lending insurance and wealth management businesses and come up with a timetable to do so toot sweet quoting bloomberg. These central banks summoned aunt executives over the weekend and told them to rectify the company's lending insurance and wealth management services. The people's bank of china said and statement sunday while it stopped short of directly asking for a break-up of the company the central bank stressed that aunt needed to quote understand the necessity of its business and quote and come up with a timetable as soon as possible. The series of edicts represent a serious threat to the expansion of mas online finance empire which has grown rapidly from a pay pal like operation into a full suite of services over the past seventeen years before regulators intervened aunt was poised for a public listing. That would have valued at more than three hundred billion dollars with existing backers including carlyle and silverlake. The hung based firm now needs to move forward with setting up a separate financial holding company to ensure it has sufficient capital and protect personal private data. The central bank said authorities also blasted aunt for subpar corporate governance disdain towards regulatory requirements and engaging in regulatory arbitrage the central bank said aunt used its dominance to exclude rivals hurting the interest of its hundreds of millions of consumers and quote as dr trae. Who knows way more about china than i do. Said on twitter quote. I'm still perplexed why they decided to kill ant the day before its ipo. It seems like a genuine mystery to everyone whether this was crazy. Powerplay to show they can put the brakes on something as large as that with the of a finger. Or if they like just didn't really look at andt closely until i day and quote but it's not just about jack ma though. Isn't it quoting bloomberg alibaba. Group holding led a second day of frenetic selling among china's largest tech firms driven by fears that antitrust scrutiny will spread beyond jack ma internet empire and engulfed the country's most powerful corporations alibaba and its three largest rivals. Tencent food delivery giant matron and jd dot com. Have shed nearly two hundred billion dollars over two sessions since when regulators revealed an investigation into alleged monopolistic practices. Atma's sickness or company. That marked the formal start of the communist. Party's crackdown not just on alibaba. But also potentially the wider increasingly influential texts fear and quote

Alibaba China Jack Ma Chinese Communist Party Administration Of Market Regul Jong Loon Large Firm Jin Wa Special Chinese Communist Part Baba ALI Jack Hong Kong Shanghai Scott Bank Of China Dr Trae Bloomberg
Snags on COVID-19 relief may force weekend sessions

AP News Radio

00:43 sec | Last month

Snags on COVID-19 relief may force weekend sessions

"Hi Mike Rossi a reporting talks on a new covert nineteen relief package are dragging with final agreement proving elusive a weekend session for Congress appears all but certain as lawmakers work to produce a long awaited Kobe nineteen economic relief package all sides agreed this is a must pass situation negotiators reported behind the scenes progress Thursday night key items that appear in place include a three hundred dollar per week boldest federal jobless benefits one time six hundred dollar direct payment to most individuals twenty five billion dollars in aid to struggling renters and more than three hundred billion dollars in aid to businesses the covert relief package would be combined with a one point four trillion dollar government wide funding bill might cross the Washington

Mike Rossi Congress Washington
Close but not yet: Deal near on COVID-19 economic aid bill

AP News Radio

00:41 sec | Last month

Close but not yet: Deal near on COVID-19 economic aid bill

"Hi Mike Rossi a reporting a deal is near on a covert nineteen economic aid bill the long delayed covert nineteen economic relief package still hasn't been finalized but indications are negotiators are getting close lawmakers briefed on the talks say leaders have agreed on a package topping out at around nine hundred billion dollars it will include direct payments of perhaps six hundred dollars to most Americans and a three hundred dollar per week boldest federal unemployment benefit three hundred billion dollars in subsidies will go to businesses including a second round of paycheck protection payments were hard hit businesses meantime it appears another temporary spending bill will be needed to avoid a government shutdown at midnight Friday Mike Crossey out Washington

Mike Rossi Mike Crossey Washington
Riot Games: Brandon Beck and Marc Merrill

How I Built This

07:44 min | Last month

Riot Games: Brandon Beck and Marc Merrill

"Guy roz on the show. Today to avid gamers fended off reluctant. Investors may saying experts and their own self doubt to build riot games an order the most successful video games ever created league of legends in two thousand six. A video game company called bethesda. software works. Tried out an experiment at the time. But as the had a popular video game called oblivion in that year it decided to offer its users an extra feature horse armor not armor virtual armor that you could use in the game and bethesda offered it up for two dollars fifty cents. It was an incredibly controversial decision and most players reacted badly. They didn't like it but enough gamers decided to try it out and bought the armor and it proved a theory that company had that you could create an entire revenue stream through what became known as microtransactions. Still almost no game developers chose to pursue this business bottle that same year. Two friends brandon beck and mark merrill pitched an idea to investors. They wanted to build free video games but offer up things like in game currency and weapons and characters and skill points. I price brandon and mark believed that if the game was good enough players would happily spend a few dollars each week to buy virtual products that might enhance the gaming experience not surprisingly most investors. Turn them down and thought it was a crazy idea. The question mark and brandon getting was. Who's gonna spend money on virtual things things that have no value in the real world and these were fair questions. And it's why it was so hard from arkan brandon to get right games up and running but the game they eventually built league of legends became one of the most popular video games of all time and a game that helped to pioneer the business model now known as the free to play model this year the global video game industry will hit more than a hundred and sixty billion dollars in revenue. That makes it four times bigger than the global film and tv industry and three times bigger than all the music sold around the world and twenty twenty. according to forbes video games will earn more than three hundred billion dollars by twenty twenty five and a growing percentage of that revenue comes from gamers who spend small amounts of money buying skins or costumes for their virtual characters or buying access to locked rooms and imaginary worlds huge gaming tournaments attract millions of viewers with players. Earning millions of dollars a year. It's a massive business and a big part of it has to do with the model that brandon marks company riot games helped. Pioneer and brandon both grew up in southern california. They met as teenagers at a summer leadership camp shortly before college. Here's how marc remembers it. I remember meeting brandon and mike. Oh you're from los angeles awesome it like video games. What's up in so we just kinda instantly hit it off. And then as i got to know him i also just really thought he had a infectious personality at that. It really interesting. Way of looking at the world that was sort of commentary from values perspective to mind in the edge just this incredibly entrepreneurial kind of business oriented mind. That kind of inspired me where i'm like. Wow i've never seen i've never encountered a person that's also younger me that felt so vibrant and dynamic and it's interesting way and so because of the shared love of games so they could hop on the modem play starcraft warcraft two or or duke nukem three d or if i mean we could go on and on about the titles that we all knew and connected about. Yeah so you meet this like leadership program and then you both go back to l. a. And and you you stay in touch or or did you kind of lose touch. Yeah i mean we. We stayed in touch and we call each other every once in a while we. We'd play some games. I remember one of those phone calls. Mark told me a really to see the matrix. What does that. he's like. You'll see ended up blowing my mind. My favorite movie of all time and mark. You headed to usc to start college and brandon did that. I know eventually you would also go to. Usc was was the fact that mark was there to that. Influence your decision to go. There was just just happened to be the place where you decide to go. It was a total coincidence. But it certainly made me more excited about it. I even visited mark when he was at school and hung out within the dorms. Where he he had a bunch of gaming buddies and they would they play games together. And i wasn't a very good student i had. Adhd in a variety of learning differences in wasn't pretty tough competitive school environment. And and i. And i just. I was not the kind of student i was sort of supposed to be. But in the meantime i'm living in this world online. I wanted to spend every minute in my spare time. I would build scripts that would play my character for me wall. I had to be a school. So i would continue to make progress. Well that's pretty impressive. But i mean you did despite your struggles you did end up getting into usc and mark is already there and presumably like you guys. What like start to hang out. And i guess you already have like a friend at college and you get there. Yeah mark would take me under his wing bit and you know introduced me to his friends and show me around. So yeah it was. It was really great showing up and no one mark mark when you guys were in college did. Did you think you know what. I'm gonna start a business with this guy one day or was it just like fun. Conversations would have about. Hey you know maybe one day we should do this or that. Yeah no we we did. But it was sort of accidental. In some ways you know brandon. And i because of our shared passion games and then also our mutual interest in business we would strategize brainstorm or think about opportunities and and this is one of the reasons that i was attracted to brands because he was sort of the most entrepreneurial business minded friend that i had like brandon random music station at sc. You'd be thinking about events or got so we were playing games and we both loved online games and so we loved to like watch replays of really competitive players playing online and try to help inform how we could get better than that started us thinking about well. Maybe we could help. Create or run some gaming tournaments. Maybe we could do some stuff like that surround campus and actually. Maybe there's a opportunity create a league that we were going to call the g. l. ultimate gaming league so brandon. I went down to the basement. Alevi library late one night. We started working on this rough business plan. Neither of us really knew how to build a business plans. We're trying to figure out what that looked. Like what the but on paper and all this and we can never really went anywhere that business but nonetheless I just remember being really energized about the possibilities of the future and and again. That's that's something that an grant and really helped awaken. Was this ability to look at not the way the world is currently but the way that it could be and how we could potentially go help change

Brandon Guy Roz Bethesda Brandon Beck Mark Merrill Arkan Brandon Mark USC Southern California Pioneer Mark Mark Marc Los Angeles Mike Brandon Random
Pelosi and Schumer back $900 billion coronavirus stimulus plan as basis for negotiations

TIME's Top Stories

02:28 min | Last month

Pelosi and Schumer back $900 billion coronavirus stimulus plan as basis for negotiations

"Lots of corona virus. Relief packages are floating around the hill. That doesn't mean help is on the way by. Philip elliott the headlines coming out of capitol hill. This week might have you think. Another round of much-needed coronavirus relief. Just a few details away. After months of stalemate since the last relief significant bill was passed back in march. It looks like there is finally some momentum peel back the veneer just a little however and the reality reveals itself to be far more complicated. Let's go through the three options that have captured the imagination of lawmakers and advocates alike. Even more may eventually be thrown onto the negotiating table and elements of each of these may bleed into the others but let's not make this too messy at least not at first one. A bi partisan group of senators on tuesday unveiled a nine hundred and eight billion dollar proposal. That looked to split the difference between house. Democrats two point four trillion dollar offer and senate republicans six hundred and fifty billion dollar offer. Part of the total cost would come from some of the five hundred dollars in unspent money from the last round of relief so the price tag is a little misleading. It's a stopgap measure that has growing support from rank and file lawmakers who are finding it more and more difficult to justify inaction in pursuit of the perfect. This proposal would stretch through the first fiscal quarter of calendar year. Twenty twenty one or until the end of march and would cobble together hundred sixty billion dollars to fund a state and local governments. That are running. on fumes. As tax revenue has dried up with the economic downturn. The measure also has more than three hundred billion dollars in loans and grants for small businesses. Twenty five billion dollars in relief for renters an extra three hundred dollars per week for unemployed americans it does not however include an extra twelve hundred dollar stimulus payment. That house speaker. Nancy pelosi in president. Donald trump both backed treasury secretary. Steven mnuchin said. He was reviewing the bipartisan proposal. The white house called it a non starter saying it plan to work with senate majority leader mitch. Mcconnell and house minority leader kevin mccarthy on a targeted covid relief plan to pelosi and senate minority leader. Chuck schumer have their own democrats only outlined for a new offer. They haven't released details but it was sent over to mcconnell in a private letter on monday. The draft was meant to restart negotiations which have been hold for weeks in most unhelpful. Move mcconnell announced the offers existence and further frustrated democrats who say republicans aren't negotiating in good faith. Democrats have insisted cash be included for state and local governments a major point of dispute for many republicans. Who say it's not washington's problem to fix local budgets. No total cost was attached

Philip Elliott Senate Steven Mnuchin Nancy Pelosi Donald Trump Kevin Mccarthy Mcconnell Chuck Schumer Treasury White House
Think a coronavirus economic package is just around the corner? Not so fast.

TIME's Top Stories

05:37 min | Last month

Think a coronavirus economic package is just around the corner? Not so fast.

"Headlines coming out of capitol hill. This week might have you think. Another round of much-needed coronavirus relief is just a few details away. After months of stalemate since the last relief significant bill was passed back in march. It looks like there is finally some momentum peel back the veneer just a little however and the reality reveals itself to be far more complicated. Let's go through the three options that have captured the imagination of lawmakers and advocates alike. Even more may eventually be thrown onto the negotiating table and elements of each of these may bleed into the others but let's not make this too messy at least not at first one. A bi partisan group of senators on tuesday unveiled a nine hundred and eight billion dollars proposal that looked to split the difference between house. Democrats two point four trillion dollar offer and senate republicans six hundred and fifty billion dollar offer. Part of the total cost would come from some of the five hundred billion dollars in unspent money from the last round of relief so the price tag is a little misleading. It's a stopgap measure that has growing support from rank and file lawmakers who are finding it more and more difficult to justify inaction in pursuit of the perfect. This proposal would stretch through the first fiscal quarter of calendar year. Twenty twenty one or until the end of march and cobble together one hundred and sixty billion dollars to fund a state and local governments that are running on fumes as tax revenue has dried up with the economic downturn. The measure also has more than three hundred billion dollars in loans and grants for small businesses. Twenty five billion dollars in relief for renters an extra three hundred dollars per week for unemployed americans it does not however include an extra twelve hundred dollar stimulus payment. That house speaker. Nancy pelosi and president. Donald trump both backed treasury secretary. Steven mnuchin said. He was reviewing the bipartisan proposal. The white house called it a nonstarter saying it. Plan to work with senate majority leader mitch. Mcconnell and house minority leader kevin mccarthy on targeted covid relief plan to pelosi and senate minority leader. Chuck schumer have their own democrats only outlined for a new offer. They haven't released details but it was sent over to mcconnell in a private letter on monday. The draft was meant to restart negotiations which have been on hold for weeks in most unhelpful. Move mcconnell announced the offers existence and further frustrated democrats who say republicans aren't negotiating in good faith. Democrats have insisted cash be included for state and local governments a major point of dispute for many republicans. Who say it's not washington's problem to fix local budgets. No total cost was attached. Three mcconnell circulated to republicans a new version of the gop plan that would presumably meet with white house approval notably it to did not include a cost meaning to was meant as a negotiating document. The latest incarnation includes small business. Cash a one month extension of base-level unemployment benefits that are set to end at the end of this month. For twelve million americans and legal protections against lawsuits for businesses that are open during the pandemic it notably lacks money for state and local governments. The latest also a plus up unemployment benefits that had been demanded by the white house in earlier drafts in short. Each of these is negotiating. Starting point not a workable idea even lawmakers were at the table for the creation of these ideas acknowledged. they're nowhere near final version. And when you're talking about deals that have perhaps twelve zeros at the end. There's a lot of wrangling left to be done. Meanwhile at least some officials are starting to talk again pelosi. Mnuchin had their first call since election day this week. The pair were the principal negotiators on a follow up deals through the summer until trump abruptly called off negotiations via tweet in october. He later demanded they return. But pelosi wasn't keen to once again. Be set up for failure by amir curiel president in the finals ros of campaign and decided to hold out for the election results. It turns out. Her hand is now weaker as house. Democrats lost seats. President elect joe biden has been in full contact with pelosi and schumer speaking to reporters in delaware on tuesday biden. Said he wants congress to act now. As a first step toward efforts he'd pick up when he takes office on january twentieth but he mcconnell have yet to speak since election day he added for his part. Mcconnell has yet to explicitly say biden is one although he has in roundabout ways suggested he understands who will be in the white house. Come january twenty first. that suggests talks aren't really as far along as some would hope as if this weren't tough enough the. Us government faces a do-or-die moment at the end of next week. The united states is set to run out of cash as the clock ticks past midnight on december eleventh and into december twelve that hard deadline ads and urgency to congress to do something. There is zero political appetite to shut down government in the middle of a pandemic heading into the end of year holiday season. Some lawmakers have talked about attaching corona virus. Relief package to the must pass spending bill in may be a way to get some forward movement but it also gives mcconnell added leverage to limit the size of the tacked on bill. Mcconnell controls the senate floor with an iron grip and ultimately has veto power over the entire agenda in the upper chamber if he says a limited pandemic relief measure is going on the omnibus. it's omnibus arrest for all practical purposes. So we're left with a string of calculations will progressives such a scaled back relief package until they can badger biden in the new year can conservatives stomach any of the red ink and if it does pass will trump sign perhaps the last significant piece of legislation of his one term presidency. The answer to each of those is at best a shruggy emoji without government funding forcing a vote. There's no guarantee mcconnell would bring another round of biden backed relief to the floor. In the new year conservatives will not be eager to give biden early win especially if it carries cash for struggling states and cities and trump seemingly has yet to accept. The movers are showing up at his door next month. It's the perfect cliffhanger for our president who spent so long as a reality show producer hence while the optimism coming off capitol hill. That a solution is in sight is perhaps misdirected.

Mcconnell Pelosi Senate Steven Mnuchin White House Kevin Mccarthy Cobble Mnuchin Chuck Schumer
Amazon opens online pharmacy that delivers prescriptions

Behind the Numbers: eMarketer Podcast

03:51 min | 2 months ago

Amazon opens online pharmacy that delivers prescriptions

"Amazon launching an online pharmacy customers will be able to buy prescription medications through a new store on its platform code amazon pharmacy. So now when you're at the doctor you can ask them to send prescriptions to amazon pharmacy. Just like any other retail pharmacy. Like you did before. It accepts quote unquote. Most insurance plans poll amazon launching. An online pharmacy was the points. What could possibly go wrong. There are two aspects of the recode article that used santos marcus that i thought were interesting. One is the fact that a lot of things that we didn't anticipate buying through amazon. Now we do so routinely. So i think that bodes well for prescription drugs being part of that but the other part that concerns me quite a bit is the just the number of knockoffs and how unregulated the amazon marketplace. Seems to be at times mock I would never bet against amazon in anything possible. Hitch in this. Is that the prescription. Drug markets skews toward older consumers. They they're the ones who who need this stuff more and that on average somewhat less comfortable with ecommerce younger people had the a lot of The pandemic learn to deal the e. Oh so that that's favor. But i'd be astonished if this flops blake yet had mark's got it exactly right. It's sort of the logical next step for amazon. Now that the pandemic has gotten older generations. Used to shopping for essentials online so sort of the next step beyond grocery in every other day household essentials and this is the age group that they're going to need if they want this to be successful so i think the time is right. Context on this story is comes about two years after amazon com susan company pill pack for seven hundred million dollars is also made other moves into the health space. Health insurance space amazon. Berkshire hathaway and j. p. morgan chase in twenty. Eighteen launched a joint health care venture code haven. We've yet to see where that's going to go. I'm was prime. Members will of course be able to save money paying for medications generic and off brands without using health insurance which is interesting. that's just chace took hit following the news. Drugstore companies like cvs and drug distributors like cardinal health. This will no doubt as well as vice out of walmart target costco's pharmacy businesses to joe this album praying and sharon tell up the wall street journal noting quote. Most americans still prescriptions at the traditional drugstore. Us prescription drug sales at pharmacies was over three hundred billion dollars in two thousand eighteen coins health research firm. A via nearly four billion prescriptions filled each year in the us in march. Mail order prescriptions. Mail order prescriptions. Were up twenty one percent from the previous giving them a six percent slice of the prescription drug market. Hi shannon lost two years. According to suntrust robinson humphrey. Wasn't there a time not long ago when there were a lot of rumors about amazon getting into not the prescription drug business but healthcare coverage insurance coverage. Am i imagining that. Or i might be the time with the two companies haven joint venture with halfway and j. p. morgan chase. So they got together to basically trying to put together some kind of umbrella coverage for all three companies. And somehow i pulled on everybody's sources provide coverage for all of their employees. I think that might be the thing. Maybe i i guess. I was on the impression that it was more comprehensive than just those companies and that they were basically going to try to roll out like you know obamacare. You know amazon care but yeah whether they were going to roll the roll that out to other companies as some kind of a model yet to be seen but i think with their own folks

Amazon Morgan Chase Santos Marcus Berkshire Hathaway Blake Chace Suntrust Robinson Humphrey Susan Costco Walmart The Wall Street Journal Sharon JOE United States
Amazon Pharmacy Sends Pharmacy Stocks Down

MarketFoolery

02:15 min | 2 months ago

Amazon Pharmacy Sends Pharmacy Stocks Down

"We have two of the biggest retailers out with their latest earnings report. That is going to have to take a backseat today. The news from amazon which just announced the launch of amazon pharmacy. Here in the us. You can order prescription drugs. Have them delivered to your home. Prime members get discounts and the reaction from the pharmacy. Stocks is pretty eye-popping. cvs health walgreens rite aid. Good rx they are all getting hit. Jason yeah they are in. I mean i understand why i think. This is likely overreaction to an extent. And i just i hearken back to when amazon announced its acquisition of whole foods. Remember the grocery store stocks at that point took a pretty steep nosedive on that news and and again understandable i mean amazon is extremely competitive in in a threat and a lot of ways. But but i mean you fast forward to today and certainly leaders in the grocery space have recovered. I mean they have been the most compelling investments in the world but it wasn't it wasn't fatal that said this announcement from amazon doesn't make the farmers jobs any easier. I mean when we speak about. Cvs walgreen those are companies that while they have big storefronts and they have that grocery dynamic to them. I mean they really are. They do rely on that pharmacy. Right i mean. Cbs for example pharmacy is more than seventy five percent of their business. And so that really really does matter. And so i understand the selling their particularly when you look at what amazon has done to date. I mean they've done a lot of the heavy lifting and compete in. This is red. Think they're able to participate in this market. Forty five states. Now they accept. Most insurance is a massive massive market. Opportunity writes something like a three hundred billion dollar market. So i think there are reasons for companies like cvs and walgreens to be concerned. I think there's probably a reason for something like a good rx to be more concerned. And and so i understand. The market's reaction to that more so than than perhaps the pessimism on on the bigger companies like cbs. Today

Amazon Cvs Walgreen Walgreens Rite Aid Jason United States CBS
A $300B Industry and Growing: Find Your Opportunity in the Online Course Industry with Greg Smith

Entrepreneur on FIRE

04:01 min | 4 months ago

A $300B Industry and Growing: Find Your Opportunity in the Online Course Industry with Greg Smith

"Greg say what's up to fire nation and something interesting about yourself that most people don't know how low fire nation. So excited to be back. Something that most people don't know. If my wife knows this I watched the movie, the founder of McDonald's story. So I cried during that movie. This there's a reason. My wife doesn't know I was a little embarrassed to admit I. cried during that movie at the scene where you know you might not expect any tears. When the original guys not the see the founder of the move in the movie. But the original guys who created it are in a parking lot and they've sort of chalked out and mapped out the the shape of their kitchen and they're passing trays and Burgers like mock trays and burgers around. For days trying to optimize how the flow of food through the kitchen is going to go to build this optimal system. Really brought tears to my eyes because to me it was like entrepreneurship at its best like just people who are so passionate about something that they had to get it just right and they were willing to like spend days in this parking lot doing something that everyone else would probably think they were totally crazy doing and yet then came up with the McDonald's system out of it. Man I. Love that you have such an entrepreneurial heart in that direction. That is super cool and as you were kind of describing that I could definitely picture that scene unfolding and just being like man these guys just really care and they're so committed and fire nation. That's how you have to be by the way. That's how Greg is with his company think havoc and that's why we've just today as you're listening to this started. An amazing year, long partnership because we've been using epic now for years and years and years the podcasters paradise and we love them for all of those reasons because it's just the best core software to use you. Now, we've even getting together and you know speaking of like putting together the perfect system we still have, of course, a lot of tinkering to do because that's what we do by. We've come up with this amazing five. Day course challenge completely for free fire nation. If you knew how much time Greg his team myself and kid of putting behind the scenes to make this amazing course challenge for you, which by the way is free like you'd be blown away but it's just because Greg hair his team cares kate nine we care and that's why we really hope you do take that action and get over to think epic dot com slash fire we'll. Be Talking more about this challenge. At the end of the episode, we have a lot to cover today we're talking all about the three, hundred, billion dollar industry and growing in how you fire nation can find your opportunity in the online course industry with, of course, the best person to talk to about this with Greg Smith. So let's talk about the recent events because we do live in a different world than we did year ago. How has these recent? With cove in the such affected, the online course membership. Yeah, it's had a long term impact on it and it's been amazing to see it happen obviously so much tragedy in the events that have happened and are happening. But on the if you're on the side of creating online business and in particular in courses and membership sites, it is it is wild there's so much changing their so quickly. I see first of all, it's like the future has we've just been teleported into the future. All the projections people had for twenty twenty, five twenty. Five years from now are happening right now, and so the market size is exploded. Really really quickly in terms of more people, creating courses, more people, taking courses, and to be honest it's a little bit like the wild west out there in a good way and that there are so many people who are taking courses for their first time ever now that there's a a new way of looking at things. So it's it's it's easier to get started than it's ever been, and it's created this environment where I mean really if you're starting most online businesses or an especially in courses in memberships. been any better time to get started

Greg Smith Founder Mcdonald Twenty Twenty
Tesla picks Austin, Texas for $1 billion 'gigafactory'

CNBC's Fast Money

01:45 min | 6 months ago

Tesla picks Austin, Texas for $1 billion 'gigafactory'

"Get back to Tesla, the company, just announcing Austin as the location of its new gigafactory gene monsters been listening in on the earnings. Call Jane. What's new? Austin's new Melissa I mean this was largely expected, but really lays the groundwork for the company to ramp production recall that they reiterated that five hundred thousand vehicle target for twenty twenty in need to grow to fifteen million vehicles of the next ten years least on Musk, a target, so Austin is new, and they also expect to have three more factories in the next five years, which big name to six total factory, so when I think about this. Three hundred billion dollar market cap and think. How can this be a much bigger company? One is for them to scale into that news round at in Austin. The second I think really critical piece here. It's going to be largely ignored. Here is Elon. Musk's first comment was about Austin. His second was about their solar business. This nascent called five percent of their overall revenue, but the fact that he is mentioning that I believe he's starting to educate the market about Tesla being much. Much more than a car company, a pride myself on being levelheaded in even keeled adult. Want you to think that I've totally drank. The KOOLADE here but I think that this company can take its existing technology around batteries, motors, and what they're doing in full self-driving apply more to the energy market in create much more than three hundred billion dollar market cap. Undoubtedly, it will be a wild ride with the stock, but this is I. Think the start of what will be a multi year. were. Tesla educates the market above being more than a car company.

Austin Tesla Musk Jane Elon Koolade
Biden proposes $700 billion plan to spur manufacturing, research to create 5 million jobs

the NewsWorthy

00:48 sec | 6 months ago

Biden proposes $700 billion plan to spur manufacturing, research to create 5 million jobs

"Says he has a plan to create five million new jobs in the US. He seems to be going after one of president, trump's strongest issues in pulling the economy. Here's at least part of Biden's plan. The federal government would invest four hundred billion dollars in the manufacturing industry. Another three hundred billion dollars will go to research and development in other industries like technology. Biden's aides say the overall package is meant to help the country. Country recover from the pandemic recession ASAP, but more than that Biden says it's not enough to build back, but quote we have to build back better as Fox News says this comes in direct competition with President Trump's America I promise trump has emphasize protecting American workers and moving away from global economy. Now Bite in could be trying to win over those working class voters who went for trump in two thousand sixteen election day is less than four months away.

President Trump Biden Donald Trump Federal Government United States Fox News America
Biden proposes $700 billion-plus ‘Buy American’ campaign

AP News Radio

00:40 sec | 6 months ago

Biden proposes $700 billion-plus ‘Buy American’ campaign

"Hi Mike Rossi you're reporting Joe Biden goes on the offensive on the economy today democratic presidential candidate Joe Biden plans to lay out a seven hundred billion dollar buy American proposal for federal government purchases as he shifts focus to the economy in his bid to unseat president Donald Trump Biden will discuss his proposals today at a metal works concert and done more Pennsylvania the Biden plan would increase federal government purchasing of US based goods by four hundred billion dollars over four years with another three hundred billion dollars going toward new research and development in U. S. technology concerns Biden is expected to unveil an energy plan in the coming weeks might cross your Washington

Mike Rossi Donald Trump Biden Pennsylvania United States Washington President Trump
Biden proposes $700 billion-plus ‘Buy American’ campaign

AP News Radio

00:44 sec | 6 months ago

Biden proposes $700 billion-plus ‘Buy American’ campaign

"Hi Mike Rossi a reporting Joe Biden is set to propose a seven hundred billion dollar buy American campaign presumptive democratic presidential nominee Joe Biden is set to propose a seven hundred billion dollar buy American campaign to boost U. S. manufacturing and technology the plan Biden is expected to announce today calls for a four hundred billion dollar four year increasing government purchasing of US based goods and services plus an additional three hundred billion dollars in new research and development in U. S. technology concerts by but also repeal Republican backed tax breaks for US corporations that move jobs overseas the plan will be the centerpiece of Biden's economic platform for his fall campaign Mike Rossio Washington

Mike Rossi Joe Biden United States Mike Rossio Washington
Embraer takes Boeing to arbitration over failed deal as shares plummet

Seattle's Morning News with Dave Ross

01:17 min | 9 months ago

Embraer takes Boeing to arbitration over failed deal as shares plummet

"Been a busy weekend for Boeing earnings are out this week the company has decided not to go on with the major acquisition let's run all this down with Chris celebrate Chris yeah Boeing's been working for two years to buy an eighty percent stake in the Brazilian jet maker Embraer it pulled out of the four point two billion dollar deal late Friday wanted to go see the deadline passed but would want to grab the company which makes smaller jets so it could help it compete with rival Airbus in the regional jet market Boeing says every or fail to meet certain guidelines Embraer though says it asked for more time but didn't do anything to warrant this walk away so it's planning on seeking arbitration and damages the move saves Boeing a ton of cash which of course we've been talking about it desperately needs as the global airplane market continues to dry up some experts worldwide say that the sales are going to drop more than three hundred billion dollars in the airline industry roughly sixty four percent of the world's airplanes currently parked as demand for flights have disappeared Boeing is holding it so shareholders meeting right now and it's going to release its earnings on Wednesday it's expected that during that earnings call on Wednesday CEO David Calhoun's going on outside production and job cuts some analysts expect Boeing to trim its one hundred sixty thousand employee work force by at least ten percent maybe more some expect production cuts to

Chris Boeing Embraer Airbus David Calhoun CEO
Boeing pulls out of Embraer merger talks

Seattle's Morning News with Dave Ross

01:15 min | 9 months ago

Boeing pulls out of Embraer merger talks

"It has been a busy weekend for Boeing earnings are out this week the company has decided not to go on with the major acquisition let's run all this down with Chris celebrate Chris yeah Boeing's been working for two years to buy an eighty percent stake in the Brazilian jet maker Embraer it pulled out of the four point two billion dollar deal late Friday wanted to go see the deadline passed but would want to grab the company which makes smaller jets so it could help it compete with rival Airbus in the regional jet market Boeing says every or fail to meet certain guidelines Embraer though says it asked for more time but didn't do anything to warrant this walk away so it's planning on seeking arbitration and damages the move saves Boeing a ton of cash which of course we've been talking about it desperately needs as the global airplane market continues to dry up some experts worldwide say that the sales are going to drop more than three hundred billion dollars in the airline industry roughly sixty four percent of the world's airplanes currently parked as demand for flights have disappeared Boeing is holding it so shareholders meeting right now and it's going to release its earnings on Wednesday it's expected that during that earnings call on Wednesday CEO David Calhoun's going on outside production and job cuts some analysts expect Boeing to trim its one hundred sixty thousand employee work force by at least ten percent maybe more

Chris Boeing Embraer Airbus David Calhoun CEO
House set to approve funds to replenish small-business program, bolster funds for hospitals

Colorado's Morning News with April Zesbaugh and Marty Lenz

00:22 sec | 9 months ago

House set to approve funds to replenish small-business program, bolster funds for hospitals

"Week president trump is urging the house to quickly pass an extension of the coronavirus small business relief program the Senate passed the more than four hundred billion dollar measure already the house is expected to vote later today package provides over three hundred billion dollars in additional funds for loans to small businesses and it also has some cash for hospitals and corona virus

Donald Trump Senate President Trump
Senate passes $484 billion relief bill as U.S. cases top 800,000

WBBM Afternoon News Update

00:24 sec | 9 months ago

Senate passes $484 billion relief bill as U.S. cases top 800,000

"The Senate has passed a bill approving nearly five hundred billion dollars in corona virus relief the bill includes more than three hundred billion dollars to ensure paychecks for businesses seventy five billion dollars for hospitals and twenty five billion for testing but the bill does not include many priorities sought by Democrats including hazard pay for frontline workers money for the postal service states and cities or for

Senate
"three hundred billion dollar" Discussed on 790 KABC

790 KABC

02:04 min | 1 year ago

"three hundred billion dollar" Discussed on 790 KABC

"Right ABC news live local six on nine years dozens more are now in quarantine at a military base in northern California they were rescued from a cruise ship in Japan which had been docked for two weeks fourteen of the passengers are infected with corona virus in thirteen were taken to Nebraska including a couple from Santa Anita there is also came back after they left the ship officials say these people weren't showing symptoms of the time and were isolated on the plane the new arrivals at Travis Air Force base will be kept separate the two hundred thirty four people still in quarantine for few more day presidential candidate Bernie Sanders is rallying supporters in northern California seniors to the loudest applause from the crowd in Richmond when he spoke about the need for healthcare reform we save over three hundred billion dollars a year by moving to a Medicare for all seeders outlined several new policies he would inactive elected president a group of federal judges is concerned about the intervention of the justice department in cases like that of long time trump associate Roger stone USA today reports the independent federal judges association called an emergency meeting to discuss the recent events in the courts of Los Angeles are trying to dismiss some sixty six thousand marijuana conviction still he will report some of those convictions date back more than five decades in twenty eighteen state lawmakers approved legislation that required the department of justice to go through conviction records in California and find cannabis convictions that were eligible to be expunged or downgraded to misdemeanors after recreational marijuana was legalized in the state in twenty sixteen cases include sixty two thousand felony convictions for marijuana sales with forty five percent incarcerated being Latino thirty two percent black fills you live K. B. C. sports neither NBA team is an action with the all star break Anaheim lost the Calgary six before earlier today Denny Hamlin when's the sixty second running of the Daytona five hundred that's sports on the new home of.

marijuana NBA cannabis department of justice Roger stone USA Travis Air Force ABC Denny Hamlin Calgary Anaheim California Los Angeles justice department president Richmond Bernie Sanders Nebraska Japan
"three hundred billion dollar" Discussed on WBT Charlotte News Talk

WBT Charlotte News Talk

02:03 min | 1 year ago

"three hundred billion dollar" Discussed on WBT Charlotte News Talk

"Gun control legislation there are proposals awaiting hearings before lawmakers to require a seventy two hour waiting period before someone can buy a gun another would allow family members and law enforcement ask a court to keep someone from getting a gun if there's evidence showing that person is a danger to themselves or others a sixteen year old students been arrested and expelled from a private school down in Columbia after posting videos the children shooting a box he said that represents black people investigators to the videos are made in may weeks before school let out for the summer and they say the teen also threatened to shoot up a school one out on break death toll from the el Paso attack has risen after hospital officials say twenty second victims died nearly two dozen others wounded a twenty one year man opened fire at a Walmart there on Saturday meantime the search for motive behind the mass shooting at Dayton continues people who knew the Dayton killers say all the warning signs were there there was some instances threats feel Gainey neighbor of the government's family though nothing stopped him from legally obtaining the rifle and one hundred round clips he used to slaughter innocent people including the government's own sister we have a lot of evidence still the girls room police chief Richard Beal being assisted by state and federal investigators switcher expediting the transportation an analysis of the digital evidence searching through the government's past computer and phone history to try and find out why Jeff from and also fox news Morrisville high school student died Monday following an accident during a service project over the weekend fifteen year old Gavin sharpen his football team mates for on campus Saturday when he fell a lot of a pick up truck and hit his head China's decision to let its currency drop it'll all purchases of US farm products parking investors selloff sending US stocks to the worst loss the year Monday China reacting to president trump's tweets last week that he would slap tariffs on about three hundred billion dollars in Chinese goods this is brought you by QC kinetics offering nonsurgical solutions for tissue tears and arthritis in the shoulders of low back there's a QC kinetics dot com news talk eleven ten ninety nine three WBTW traffic.

Columbia Walmart Dayton Richard Beal Jeff China US trump QC kinetics Gainey Morrisville high school Gavin football president three hundred billion dollars seventy two hour twenty one year twenty second
"three hundred billion dollar" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

01:36 min | 1 year ago

"three hundred billion dollar" Discussed on WNYC 93.9 FM

"In Asia have hit global stock markets in a few minutes we'll talk about Donald trump's threat to impose tariffs on almost all Chinese imports into the US from next month adding a ten percent tariff on three hundred billion dollars worth of goods added to the twenty five percent tariff already imposed on two hundred and fifty billion dollars worth of trade that's because European bosses to full the Frankfurt dax was down more than two and a half percent to forty one hundred down almost two percent and the battle between South Korea and Japan isn't helping either Japan's taken South Korea off its white list of countries that are permitted to buy materials that can be used in weapons manufacture those happen to be vital materials for south Korea's technology companies to Japan says it's responding to the south Korean Supreme Court ordering Japanese companies to pay compensation to those forced to work during World War two Japan says that issue was settled years ago for its part south Korea's warning that it might stop sharing military intelligence with Japan south Korea's president moon jae and said Japan was being reckless bots that talks with the only way to resolve the issue we've been going on even at this moment the green government does not want a vicious cycle of **** for tat there is only one way to stop this the Japanese government must withdraw its unilateral and unwarranted mesh us as soon as possible and take the path to what dialogue known which you only intensifying row has its roots in a troubled history this led to a number of protests on the streets of Seoul as our correspondent Nora Becker explains.

Asia Donald trump US Frankfurt dax South Korea Japan south Korean Supreme Court Japanese government Seoul Nora Becker president three hundred billion dollars fifty billion dollars twenty five percent ten percent two percent
"three hundred billion dollar" Discussed on KNBR The Sports Leader

KNBR The Sports Leader

04:39 min | 2 years ago

"three hundred billion dollar" Discussed on KNBR The Sports Leader

"That was like three or four years ago. Ran a bunch of people. Great call. They went and they got Matt camp. They got a Justin hunters yet. They got Derek Norris from the as. Yeah, you're right. It was right after Adrian. Yeah. We were. All scared. Giants fan through scary, James shield, eighty million bucks. Not nothing. Good call on that. So the Padres. And then they had to redo it. Then they went Andy green and went young with their manager. So by the way, right after so that that Machado tweet from from John Hayman at two thirty seven yesterday three twenty one less than an hour later. Word is Machado will go for the best deal or the most money if he's willing to do something short term, then he says he should call the Yankees back the Yankees out of like six infielders this year. Are they still don't think they're still in on Machado? I really don't. I assume that John Hayman knows more than I do. But I don't believe they're still in says it will go for the best deal. Yeah. Obviously. Thank you very much shuttle wants as much money. She can get the guy who tweet you keep saying the same thing over and over again using different words. Yeah, he stopped. That's exactly it f p Santangelo former caviar employees here. Put the the big foot. Exciting tweeted on the Bigfoot evolution thing from like the hunched over Monte going all the way up to the human says these tweets are evolving. Yeah. So Jon Heyman just keeps putting this crap out another one here from Heyman yesterday at five three Padres are kidding around. And they're said to have made a serious offer too much auto and Harper we knew this ten days ago, we know who last week that the Padres flew out to meet him. He's just tweeting to tweet. Now, you're not giving us any new information. Here's the thing if Bryce Harper and the Phillies were ready to make a deal, and if the Phillies had exceeded the three hundred billion dollars that he'd been offered supposedly by the nationals. Now, the nationals have not actually said that they offered three hundred billion right at the end of the season. There was an undisclosed amount that they offered. Number. Remember the the nationals and through Bryce on waivers to to see if maybe they could work something out before the season. And it didn't happen. Weren't able to work out a deal, but they have not declined or accepted, whether or not or or acknowledge whether or not that was a three hundred billion four ten year offer, I've got to believe that if that offer came about or something right around that Bryce would've taken that offer. And how do we not know he doesn't stay in Washington? They still my thought is that he has not gotten. I thought is that he's not gotten the three hundred or the ten I don't think so either I think he's probably somewhere around eight to fifty. Right. I ended up having to take. And I think he wants more than I mean. That's the thing is if you really wanted to be in Philadelphia he would have worked this out if Philly hit offered more than three hundred million. Taking the offer. So I've got to believe that this thing is still open, which is why the Padres become much more of a factor. Now, by the way, you are listening to Kamiar San Francisco KFC and HD two San Mateo, the sports leader. We'll continue with the Bryce watch. And we'll continue keep an eye on John hayman's tweets. John Hayman last night an hour after that last one on Bryce Harper. While the Phillies have made progress and are seen as the favourite, especially with the self-proclaimed stupid money. Several teams have served to still be involved including both the giants and the Padres. That's one hour after he told us Padres are messing around. Eight forty three last night. One interesting dynamic to this market is that there are three. This is the worst one. There are three prime teams that have shown interest in both stars Phillies Padres and White Sox Phillies have been confident the land one, which means at least one of those other teams won't get some. This is ridiculous, dude. You're telling me three teams are in. But there's only two players which means if each player goes to one of those teams this is just simple math now. Now, he's just teaching arithmetic via tweet forget this, stinky, John all right? Let's go out to a we have some hundred Strickland sounds so hunter Strickland went up to two and I miss this. I'm Dijurovic forget might be hit me with this last night. So this is gold hunter Strickland signed by the Seattle Mariners who in a rebuild of their own right now. And he put I guess an Instagram Instagram video yesterday for some reason follows hunter strict on Instagram. So he puts out his video where this is a risky thing to do. Now. It's your first season where the team he's. Got no ill-will or no bad blood there. I guess so this is okay. If he were to do this here in San Francisco, probably catch a little bit of heat for it. So instead, we'll just give him the heat anyway from from down here in the bay area. Hundreds Strickland asked fans of the Seattle Mariners to suggest new walkup songs for him for this year. Here's his Instagram. Video. What's up, y'all? So if.

Padres Bryce Harper John Hayman Phillies hunter Strickland Machado Seattle Mariners Giants Derek Norris Jon Heyman Justin hunters Yankees Matt camp San Francisco Adrian Andy green Kamiar San Francisco Monte James shield Washington
"three hundred billion dollar" Discussed on The Doctor's Farmacy with Mark Hyman, M.D.

The Doctor's Farmacy with Mark Hyman, M.D.

01:39 min | 2 years ago

"three hundred billion dollar" Discussed on The Doctor's Farmacy with Mark Hyman, M.D.

"Nineteen seventies early nineteen seventies how can we afford to produce pound me versus a pound plans if the meat consumed so many of the earth's resources right that doesn't seem right in their people starving around the world and we we should eat plants instead because they don't consume it so much water and inputs but what we're finding is that a high carbohydrate diet high grain diet for humans is is what is very likely to fuel obesity diabetes and heart disease so you're looking at the pound plant all of a sudden you have to add three hundred billion dollars a year in diabetes obesity that doesn't look so cheap anymore right like not all calories are the same so a pound in a pound is just not quivalent you have to really look at what the externalities of health are right we don't include all the true cost of food into the price of the thing we buy the grocery store and there are a lot of other studies that are showing this the forty two countries study looked at not just seven countries with food consumption pattern forty two countries and those who consume those ciro grains and potatoes at higher risk of heart season those with the most animal protein and fat had the lowest which that was fascinating the pure study pure studies another study that was one hundred thirty five thousand people ten i think ten ten years nineteen countries five continents showed a very similar thing and so some of the data just sort of looking at this quite differently and was fascinating is that you know does a lot of lands that we can't use an agriculture they're grasslands forty percent of the planet is grasslands and that's the kind of land that we can use an original way with grazing animals can actually increase production and actually decrease climate change right well i know they're doing this incredible experiment.

diabetes three hundred billion dollars forty percent ten ten years
"three hundred billion dollar" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:16 min | 3 years ago

"three hundred billion dollar" Discussed on Bloomberg Radio New York

"Three hundred billion dollar spending increase busting their own selfimposed budget caps the house voted for it the same day and then president trump signed it into law but to senator paul's point and to the soundbite that we ran uh you you have a line in your story quoting a bruce bartlett former domestic policy advisor to president reagan has become a critic of the of the republicans are on this issue that that perhaps if they were a democrat in the white house right now republicans might be talking about deficits dumped on i do think the republican some degree in depth a sledgehammer against obama they oppose his uh for example infrastructure spending plans because they said they would both the budget isn't as trump took office they became big fan of infrastructure spending um of course republicans aren't the only one who uh will will use deficits against the other party um we have a chat with the story showing that typically the voters of the party that's not in the white house tend to get uh really concerned about the fit and blamed the other party for causing them uh so equal opportunity hypocrisy but remember who is the leadership in in the house and in the senate they had talked about making the tax law changes anthony neutral dan i didn't work out either day what is the priority then it's not the deficit anymore so what is it you know i'll be like mick mulvaney is as a really good case study because he's member the house freedom caucus founding member um very conservative south carolina congressman who suddenly found himself head of the office of management and budget having to create a budget for a president who is kind of all over the map i'm the topic of deficit spending and we were wondering uh when he took the job which way would he go when he stick to his principles and establish the freedom caucus and uh push against trump or we kinda go with the flow any ended up going with the flow very clearly uh he'll and he continues to insist the the.

trump senator paul policy advisor white house obama senate mick mulvaney house freedom caucus president bruce bartlett president reagan founding member south carolina Three hundred billion dollar
"three hundred billion dollar" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:27 min | 3 years ago

"three hundred billion dollar" Discussed on Bloomberg Radio New York

"Beginning that it was kind of protest uh by him that was never going to amount to anything because he didn't have enough people on his side to hold off the vote and indeed a couple of hours after that senate did vote for a three hundred billion dollar spending increase busting their own selfimposed budget caps the house voted for it the same day and then president trump signed it into law but to senator paul's point and to the soundbite that we ran uh you you have a line in your story quoting uh bruce bartlett former domestic policy advisor to president reagan was became a critic of the of the republicans on on this issue that that perhaps if there were a democrat in the white house right now republicans might be talking about deficits still on i do think book the republican some degree in depth a plague camera against obama they oppose his uh for example infrastructure spending plans because they said they would buck the budget it didn't come pick off as they became big fan of infrastructure spending um of course republicans aren't the only one who will will use deficits against the other party um we have a chat with the story showing that typically the voters of the party that's not in the white house tend to get round really concerned about deficit and blamed the other party for causing them uh so equal opportunity hypocrisy but remember who is the leadership in in the house and in the senate they had talked about making the tax law changes anthony neutral dad didn't work out either all right what is the priority than it's not the deficit anymore so what is it you know i'll be like mick mulvaney is the other really good case study because he's member the house scream kok founding member um very conservative south carolina congressman who suddenly found himself had the office of management and budget having to create a budget for a president who is kind of all over the map on the topic of deficit and spending and we were wondering uh when he took the job which way would he go when he stick to his principles and establish the freedom caucus and uh push against trump or we kinda go with the flow any ended up going with the.

senate trump senator paul policy advisor white house obama mick mulvaney president bruce bartlett president reagan founding member south carolina three hundred billion dollar
"three hundred billion dollar" Discussed on Super Station 101

Super Station 101

02:06 min | 3 years ago

"three hundred billion dollar" Discussed on Super Station 101

"Life with you i think is particularly hard for people like myself who were elected in two thousand ten in the midst of the tea party uprising you know i went to my first tea party rally probably in two thousand nine and that spring eight hundred people showed up on the square in my little town and i was amazed by how many people cared about their country were worried about the dead of obama on the spending the bigspending of obama and the big norring of the constitution and everything we said was it to our country uh wasn't good for our country to have trillion dollar annual deficits and now we're you know our governments controlled all three branches by republicans and we're going to get trillion dollar annual deficits in so no somebody has to still be a conservative you know and i said the other night on the floor i said you know when uh republicans are in the minority there the conservative party but when they're in the majority there is no conservative party uh what what you hear from lindsey graham and paul ryan and others is the only way to have gotten the help for the military from increases in spending three hundred billion dollar of a deficit were uh we're seeing a debt adding to the deficit a hundred billion is that right for the military overall the only way to get that money is to agree to this other stuff it's a compromise so without having 60vote as you're not going to help the military they say road but i think the real question and you have to ask honestly here is is the military budget to small or is the mission to large and i frankly think we have to look at that we have doubled military spending since nine eleven two thousand one uh we spend more than the next eight countries combined uh by most measurements we have the most powerful military by a factor of probably ten i mean we do have the sophistication in power and might but when you look at our mission be our mission is in too many places in it stretches us so for example i think we should upgrade or anti ballistic missile systems i think we should upgrade our nuclear weapons i think we should pay our troops well there's a lot of things that i'm four i think national defence is.

obama republicans lindsey graham paul ryan trillion dollar three hundred billion dollar
"three hundred billion dollar" Discussed on News Talk 710 KNUS

News Talk 710 KNUS

01:45 min | 3 years ago

"three hundred billion dollar" Discussed on News Talk 710 KNUS

"Three hundred billion dollars you raise the debt ceiling for entire year without a number on there is no fiscal discipline in its i couldn't in good conscience support that i mean there are two kinds of deficits jimmy there's a tax cut deficit and if the spending deficit tasca deficit doesn't have a deleterious effect on the economies already doing a swapping borrowing for taxes so if the federal budgets one trillion in you cut taxes to eight hundred billion now you got about two hundred billion b still only taking one trillion out of the economy if you raised that too one trillion to one and a half trillion even if you balance the budget you're taking more out of the economy and so one of the key issues that you've written about in the ask your book power divided his power check you talk about federalism quite a bit of what do you make of the differences between the trump administration and the obama administration when it comes to the issue of federalism especially in light of attorney general jeff sessions deciding to at least opened the door to prosecution dealing with the bomb marijuana issue yellow there's no thing i disagree with registration on you're asking me all the questions look i'm a big believer in dual sovereignty of these laboratories of democracy all are based on the fundamental premise that debt no one knows everything so the the framers in their in their inimitable way realized that they weren't elitists they couldn't figure out the problem for everything lord action was right power corrupts absolute power corrupts absolutely so lived to states and if somebody comes up with a better model other states news there but the most important aspect of federalism is it limits the jurisdiction of government so if you have a bad policy you can vote with your feet and the larger their jurisdiction gets the more difficult that become so i'm a big fan of that so i'm not supportive of what of of that particular aspect of what the attorney general's doing and found a question for you because and know where tight on time congress me jason lewis but you were in talk radio for many years what are you notice is.

obama administration jason lewis attorney jeff marijuana Three hundred billion dollars
"three hundred billion dollar" Discussed on KOIL

KOIL

01:57 min | 3 years ago

"three hundred billion dollar" Discussed on KOIL

"We don't have a revenue problem chris we have a spending problem minutes time that we get that under control i know that there is a real commitment to solving the daca challenge in both political parties that's a commitment that i share to anyone who doubts my intention to solve this problem and bring up a dhaka an immigration reform bill do not we will bring a solution to the floor one the president will sign we must pass this budget agreement first though so that we can get on to that so please know that we are committed to getting this done by news roundup information overload eight hundred nine four one sean paul ryan have in a press conference earlier today talking about this budget deal agreement that has taken place schumer mcconnell and apparently the house of representatives before that we heard from mark meadows of the freedom caucus that not supporting the current spending bill we do have a big spending problem sequestration has become a problem though as a relates to military spending one of the good things that i think is happening out of this socalled budget deal is that we are getting an additional eighty billion dollars for the military apparently it's very needed especially in the more dangerous world we live in an eighty five billion a near to joining us with their thoughts on all of this we have freedom caucus representatives dave braddock virginia scott perry of pennsylvania welcome both of you to the program and congressman brad what do you think about the the deal overall james to be an extraordinary amount of money and i don't see any cuts or you know baseline budgeting is back forever it seems now i taught economics for twenty years iran ah college kids in the next generation on this exact issue and now we're running a trillion dollar deficit as far as the i can see uh what people may not know about the process the house did its work we pass twelve appropes bills but then just like with obamacare once it gets to the senate uh everyone says they want us to compromise up in this city but every time we compromise i it was over there for five minutes the senate added three hundred billion dollars.

dhaka president sean paul ryan schumer mcconnell mark meadows pennsylvania congressman brad senate chris dave braddock virginia scott p three hundred billion dollars eighty billion dollars trillion dollar five minutes twenty years
"three hundred billion dollar" Discussed on AP News

AP News

02:17 min | 3 years ago

"three hundred billion dollar" Discussed on AP News

"The retail colossus says the service will be available nationwide by the end of the year competitors have been preparing target for instance bought a grocery delivery company warren levinson new york study out of romania says the it's safe to eat half dayold snow and safer to snow in the colder months but snow that his two days old don't eat it the researchers say fresh snow has very little bacteria but the amount grows as the snow stays on the ground the lead researcher says he got the idea for the experiment when he saw his children eating snow ed donahue ap radio news ap radio news i'm ed donahue there is a lot of negotiating going on on capitol hill a deadline is approaching for a government shutdown there's the budget deal on the table includes big increases in spending for the pentagon and infrastructure and finding opioid abuse this is arizona republican senator jeff flake here we are today at it is clear what we should be outraged about a three hundred billion dollar spending hike a return to trillion dollar deficits at a parrot to any attempt to rein in federal spending senate leaders from both parties agreed to the budget deal minority leader chuck schumer says deficit hawks or hypocritical they were willing to increase the deficit on the defense side of the budget but all of a sudden when it comes to our schools or our roads are our scientific research oh we can't do it because of the deficit the budget deal does not include anything on immigration the deadline for to avoid a shutdown is midnight tonight there's a new pentagon policy on harassment members of the military harass or bully people on the job or online can now be certain of a permanent mark on their service record this is pentagon spokeswoman dana white it's a framework for military services to address unacceptable behaviors such as offensive jokes stereotyping violence and discrimination at the national prayer breakfast president trump says faith is central to american life and liberty founders invoked our creator four times in the declaration of independence our currency declares in god we trust ohio governor john casic has delayed the execution of a killer set to die next week citing a letter he received from a juror who asked that the.

york ohio president dana white harassment senate senator arizona opioid abuse ed donahue romania warren levinson governor john casic trump chuck schumer jeff flake pentagon researcher three hundred billion dollar
"three hundred billion dollar" Discussed on KBNP AM 1410

KBNP AM 1410

01:45 min | 3 years ago

"three hundred billion dollar" Discussed on KBNP AM 1410

"Like this hour found all dot com i've hattrick caused parts of the main coastal highway between los angeles and santa barbara are a sea of mud and debris gird my every where bulldozers are currently trying to clear the road highway 101 here desolate from mile blocked off by highway patrol due to massive mud slide along the road correspondent aaron rain n reports that some residents in the most liberia area having trouble getting out after i was making my way through the roadblocks an officer in a highway patrol car told me he was making its way to help rescue some folks who have been trapped between mudslide since four thirty in the morning at least thirteen people have died from the mud slides thomas tie of montesino california says he went outside a check on the house during the rain and saw the local kweekeh jumped its bankers went up to the front the house and saw the two of our uh cars that had been parked in the street were no longer there and i saw a few more floating down the street at upside where most astra believed to have occurred in montesino a wealthy enclave of about nine thousand people northwest of los angeles united states touted recordhigh bill last year four weather disasters noah the national oceanic and atmospheric administration keeps track of disasters that cost more than a billion dollars that's billion with a b and in 2017 there were sixteen of them which ties 2011 with for the most ever but will was most impressive was the total those sixteen disasters cost more than three hundred billion dollar corresponded set bornstein president trump signed an executive order to help veterans directs the department of defense homeland security.

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"three hundred billion dollar" Discussed on The Thinking Atheist

The Thinking Atheist

01:53 min | 3 years ago

"three hundred billion dollar" Discussed on The Thinking Atheist

"Um there's more way more on that if you wanna research at uh another thing to look at bitcoin's today as the time were recording this if you take all the bitcoin's that exist times the current traded price bitcoin's have a market value of about three hundred billion dollars a a and that's a lot of money for something that as no intrinsic value now if its currency it doesn't matter if it's an investment we have a problem but three hundred billion dollars just for reference bet has bigger in market cap than either walmart at t cocacola or walt disney is this one of those perception is reality things i mean what a public perception would have public confidence and bitcoin changes does that change the value at all over these hard numbers absolutely it it's staggering because uh and they can point us up for fiat currency for for example if everyone loses complete confidence in the us dollar which if if we get to that point in the next couple of years to the world's and chaos and an you better have a gun because i mean thanks ships storms no it it'll right it's the apocalypse at soldier the other thing is that you can look at that money and at three hundred billion is worth more than all us currency in the united states held by the federal reserve all banks all checking al savings accounts right so it's absolutely staggered in two years if bitcoin continues at the rate than it is and i'm i'm under the impression that's not going to happen it will be worth more than all the cash and all the world held and every single check and savings account and by every back most of which would be controlled by china you're saying that pet stats a different risk but yeah it's it's uh another topic that i get an arguments with about bitcoin aficionados is taxes.

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"three hundred billion dollar" Discussed on Super Station 101

Super Station 101

01:38 min | 3 years ago

"three hundred billion dollar" Discussed on Super Station 101

"Tax cut we should all stand up and cheer are because it means more jobs for us because you're leaving more money in the private sector so i'm one of the few that will stand up on tv and say everybody's taxes she go down including the wealthy well it seems like the wealthy could in fact pay more when you do when you look at the deductions that are are going to be removed done away with and including the state tax deduction that's that's a big one other business expenses might be changed i guess is changed uh there's actually a tax increase on the people who pay the most taxes yeah so i think you're you're exactly right and that is potentially a problem the people on the other side will say the corporate tax cut is so significant that we're going to get a spur of the economy i think you will get increase growth from the corporate tax cut i think on the individual side it's not nearly as good as it could be and i tried to make it better i had an amid to the budget bill that would have increased the tax cut from one point five trillion to 25 then we could have had meaningful cuts on the individual side i think we're going to at least break even on the individual side some people may get a reduction in taxes but the only thing that's really really of significance is a corporate tax cut an i'm pour it to all before the bill but i'm still trying to make it as good as possible the one thing i've been advocating the last couple of days and there are some momentum on his repealing the individual mandate this was the obamacare mandate you have to buy insurance it seen as a three hundred billion dollar expenditure to government you get rid of that expenditure or that expense that's three hundred billion dollars more you could cutting taxes then you could lower the rates for everybody taught middle and bottom if you were.

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"three hundred billion dollar" Discussed on WCTC

WCTC

01:43 min | 3 years ago

"three hundred billion dollar" Discussed on WCTC

"Including the state tax deduction that's that's a big one other business expenses might be changed i guess is changed uh there's actually a tax increase on the people who pay the most taxes yeah so i think you're you're exactly right and that is potentially a problem the people on the other side will say the corporate tax cut is so significant that we're going to get a spur of the economy i think you will get increased growth from the corporate tax cut i think on the individual side it's not nearly as good as it could be and i tried to make it better i had an amid meant to the budget bill that would have increased the tax cut from one point five trillion to two point five then we could have had meaningful cuts on the individual side i think we're going to at least break even on the individual side some people may get a reduction in taxes but the only thing that's really really of significance is a corporate tax cut and i'm poor it to all before the bill but i'm still trying to make it as good as possible the one thing i've been advocating the last couple of days and there are some momentum on his repealing the individual mandate this was the obamacare mandate you have to buy insurance it seen as a three hundred billion dollar expenditure to government you get rid of that expenditure or that expense but three hundred billion dollars more you could cutting taxes then you could lower the rates for everybody taught middle and bottom if you were to repeal the individual mandate which is by way something we promised an and some republicans have reneged on but i'm pushing hard and there's a little bit of enthusiasm we had ten or fifteen people speak in favour of repealing individual mandate in our republican lunch yesterday we had two to naysayers but there there's momentum going forward and i still hope that will include in arbil senator going back to the obama care issue.

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"three hundred billion dollar" Discussed on KDWN 720AM

KDWN 720AM

01:48 min | 3 years ago

"three hundred billion dollar" Discussed on KDWN 720AM

"At the deductions that are are going to be removed done away with and including the state tax deduction that's that's a big one other business expenses might be changed i guess is changed uh there's actually a tax increase on the people who pay the most taxes yeah so i think you're exactly right and that is potentially a problem the people on the other side will say the corporate tax cut is so significant that we're going to get a spur of the economy i think you will get increased growth from the corporate tax cut i think on the individual side it's not nearly as good as it could be and i tried to make it better i had an meant to the budget bill that would have increased the tax cut from one point five trillion to 25 then we could have had meaningful cut on the individual side i think we're going to at least break even on the individual side some people may get a reduction in taxes but the only thing that's really really of significant is the corporate tax cut it i'm poor it all before the bill but i'm still trying to make get as good as possible the one thing i've been advocating the last couple of days and there some momentum on his repealing the individual mandate this was the obamacare mandate to you have to buy insurance it seen as a three hundred billion dollar expenditure to government get rid of that expenditure or that expand that three billion dollars more you could cutting taxes then you could lower the rate for everybody taught middle and bottom if you were to repeal the individual mandate which is by way something we promised and and some republicans have reneged on but i'm pushing hard and there's a little bit of enthusiasm we had ten or fifteen people beacon favor of repealing individual mandate in our republican lunch yesterday we had wanted to naysayers but there there's momentum going forward and i still hope that will include at arbil senator going back to the obama care issue.

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"three hundred billion dollar" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:19 min | 3 years ago

"three hundred billion dollar" Discussed on Bloomberg Radio New York

"The three hundred billion dollar deal who could it be who is the person or persons to whom fbi agents will deliver an indictment tomorrow in connection with a special counsel's russia investigation guy heard someone say oh our our people nervous to leave if you are the person you know new jersey governor and former prosecutor chris christie on abc's this week on the big revelation we expect tomorrow but our time says navy investigators are looking into the june death of a navy seal in west africa and consider to fellow seals persons of interest wonder five inches of rain could fall from virginia to main tonight and aim to tomorrow flooding and outages possible thanks to a major jetstream storm absorbing what's left of tropical storm felipe i'm richard johnson and i'm susanna palmer from bloomberg world headquarters stock and bond investors will have a lot of data from the global economy to digest this week bloomberg's patrice sikora takes a luck the us employment report for october comes out friday and the federal reserve concludes its twoday policy meeting on wednesday new no change to rates is expected on thursday the bank of england may hike rates for the first time in a decade with a majority of economists forecasting a twenty five basispoint increase and friday let's the deadline president trump is imposed to announce his next pick to lead the fed that decision could come at any moment patrice sikora bloomberg radio and this the the six thousand job cuts announced last week at nordia bank are just a down payment foreign industry facing radical overhaul that according to chief executive officer casper von caas called on cosco says what noory is doing represents the future of banking most speaking to analysts in london last week you describe the universe in which only the leanest most at digitally advanced and efficient banks will thrive that tax overhaul deal is being tweaked to respond to americans in high tax states the chief tax writer in the house kevin brady says help preserve a federal income tax break for property taxes but that announcement came on the same day that the national association of home builders end the national association of realtors said they oppose the plan because it might undermine existing tax breaks that support the housing market this newscast was brought to you.

kevin brady national association of realto national association of home income tax the house chief executive officer president bank of england bloomberg world west africa navy prosecutor new jersey russia fbi property taxes special counsel writer london noory nordia bank fed us patrice sikora bloomberg global economy susanna palmer richard johnson virginia abc