rates and i think this goes against donald trump because say put in a lot of the break on the american economy so it would perhaps prefer the interest rates even if you you've mentioned. the inflation you've mentioned unemployed the unemployment rate but there are more factors of course at the american in the american economy that would either mandate a raise or not what are the other factors and do them and that. no i mean this is really bound by the by the method by congress in the nine hundred seventy six federal reserve has to has to look both for inflation and for unemployment whereas in europe you only have to look at unemployment and this is what it's really doing and given the state of the economy which is really booming they have to put a little bit of a break on that because also a lot lower taxes especially specifically for businesses that gives a huge boost to the american economy and now there's a little bit of a counterweight by the federal reserve and given its mandate and it has to act within its mandate because it's independent but still you know it has to legitimize it sells

health care accounts for 16 of the american economy. ixth of the american economy. in healthys to rein care spending without sacrificing patient health is one of the defining public policy challenges of our time. i hope it is one that many of you will decide to take on. it is not the only public policy challenge before us. that socialnsure security is around for the next generation? that is you young people. what can we do to make housing more affordable in america's big cities? how can we improve the performance of our nations k-12 schools. regardless of what problems you choose to tackle, i encourage you to challenge the assumption that underpin the conventional policy wisdom and put evidence at the center of your own policy arguments. in good faith.ue that task will not be easy. as the diploma that you are about to receive demonstrates, it is one for which you are most certainly will prepare. i wish you all the very best. thank you for this great honor the you have bestowed upon me. thank you. [applause] >> instagram chief operating officer gave this year's comme

. >> juan: the other point of it was even with lattes, it's better for the american economy because it benefits the dairy industry and i didn't realize, this they said coffee beans are grown in several american states. if you go to hawaii, puerto rico, california, coffee beans. >> jesse: reigle by being called a weakling by drinking coffee with motorcycle anmilkand sugar.

when trump came to power he said he wanted to supercharge the american economy to six percent growth his main stimulus for that was an initial raft of tax cuts but since that legislation passed a six months ago what's changed superficially the u.s. economy looks strong the stock market has been buoyant unemployment is falling down to three point eight percent in my the lowest since nine hundred sixty nine trump delivered on his promise to create more jobs job openings rose to six point seven million and i pull but there's been a decline of work about getting power and erosion of labor standards nor have wages grow and since trump took office there's also been a decline in foreign investment and foreign investors are also buying less american credit but rather than raising taxes and decreasing spending washington seems content to fund itself by continuous bond issues and although trump came to office promising to reduce the country's trade deficit it has in fact grow and since the end of the oval office it's now at a ten year high. the stock to someone is actually doing business under

emblems of new corporate oriented american economy. the 1890'sd about, marked a turning point in american economic structures and culture. the 1890's wasof the deepest and most serious depression of the 19th century, and certainly the most serious depression before the great depression of the 1930's. in some ways to mobilize a new reform movement and to radicalize some of those reformers. but it also transformed the dominant structures of the american economy. you can see that transformation as you look at the american. this is the moment america becomes a major industrial power , a major industrial force on a global scale. early 1890's, america is out producing england in terms of steel. america is also mining most of the world's copper, which is crucial for electricity, for telephones. by the mid-1890's, america is exporting more than it is in. also a. of a new phase of american expansionism. in the first half of the 19th states went united west world westward until the united states covers the entire continent. by the late 19th centu

access, the two things that most threaten our long-term economic standing, that most threaten the american economy the american worker, american jobs. a now on another matter, today the us district court of columbia will hear oral arguments in the case . concerning the potential violation of the ml humans clause by the president of the united states violating this clause. the emoluments clause in the constitution of the united states was put over 200 years ago into the constitution by our founding fathers prohibits any member of our government from proffering for their office, accepting any title or any kind of whatever from any king , prince for foreign state . the reason for the emoluments clause is plain. the framework for worried that members of our government could be co-opted or influenced by the bribery of foreign capital and thus prohibited even the potential of enrichment. they knew then what we know now. we don't want to buy our elected officials. when you have private interests, you never know are they acting in what they believe is the national interest or what will help make them a pr

want more evidence of the american economy -- that the american economy needs more workers. for the first time in 20 years there are more job openings than there are people looking for work. and that came from cnn. the strong economy that we're facing shows that we have a 44-year low right now of people pursuing unemployment insurance. people out there looking for a job that have lost a job. 44-year low nationwide. three million new jobs have been created since november of 2016. there is a job opening for every jobless person in america right now. during the height of the recession just a few years ago, there were six people looking for work for every one job open. now there is at least one job, at least one job open for every single person in america. unemployment fell to 3.8%, the lowest in 17 years. consumer confidence hitting an 18-year high. there have been remarkable trnarounds that have -- turnarounds that have happened. this is a nice, strong, steady increase in our economy. what the federal reserve is always afraid of, an overheating economy moving too fast has not

american people. the false claims the contrary. it is working. and bonuses for their workers. the economy is booming. the average family of four is estimated to get a tax cut of $200,059. some in congress call this money crumbs. but for real americans it is a valuable boost to take home pay and it helps families and increases productivity. this budget supports tax reform because it's simple and fair for all families among all income levels in for businesses that are finally able to invest and grow the economy and invest in their workforce. was hoping to bring them back from overseas. politicians have talked about for decades. our economy is finally recovering from the great recession and unemployment is reaching record lows. i'm getting out of the way and letting job creators get to work. and producing more good pain jobs for the american people. and it would do this just to grow government. we know that the tax and spend approach never stops. all americans whether represented by democrat or republican congress. our benefited from that. we cannot support our economy we can support even more by reformi

we have just seen new numbers on friday showing that the american economy has created more than one mlion new jobs since we passed the tax relief and jobs act in december. since president trump was elyot more understand that 3 million more americans working. unemployment is now at 3.%. that matches the lowest rate in 50 years. even "the new york times" ran a headline saying, "we ran out of words to describe how good the jobs numbers are." think about that. "the new york times," "we ran out of words to describe how good the jobs numbers are." well, mr. president, every month we've been adding thousands of new jobs in construction, manufacturing, health care, and mining. we've had strong and steady growth and the american people and american familie ti part of the country. it's not just the people who are getting jobs, it's that the jobs are paying better as well. according to the most recent survey by the national federation of independent business, there were a record number of small companies raising their wages last month -- a record number raising wages. average wages are up by 2.7% ov

the emblems of the new corporate oriented american economy. as we talked about last week, the 1890's marked a turning point in american economics and american culture. the depression of the 1890's was the deepest and most serious economic depression of the 18 -- of the 19th century and the most economic depression in the u.s. before the great depression in the 1930's. it functioned to mobilize a new reform movement and radicalize some of those reformers as we talked about last week. also transforms the dominant structures of the american economy. to me, you can see that to transformation as you look at the american city in the late 19th century. this is the moment america becomes a major industrial power and a major economic force on a global scale. by the early 1890's, america is out producing england in terms of steel. which is the still commodity of the industrial era. but, america is also mining most of the world's copper which is crucial for electricity. the new technology of the late 19th century. for telephones, another new technology of

the american economy is creating jobs at historic rates. over 1 million jobs have been created so far this year. the unemployment rate is at an 18 year low of 3.8%. and there are now more vacant jobs than unemployed job seekers in the united states. that's the good news. on june 1st there was even an article in the new york times with a title we ran out of words to describe how good the jobs numbers are. small business optimism is at an all time high. tax reform has created an opportunity for small businesses to hire that extra employee or make that needed expansion or renovation. the problem is when there are 6.6 million job vacancies, small businesses have a particularly difficult time finding and retaining qualified employees. according to the national federation of independent business, 57% of surveyed small business owners either hired workers or were trying to hire workers in the last month. however, 88% of those hiring or trying to hire reported few to no qualified applicants for vacant positions. this raises a significant secondary

transformed the dominant structure of the american economy. to me, you can see that transformation as you look at the american city. in the late 19th century. americathe moment that becomes a major industrial power. and a major economic force on a global scale. early 1890's, america is a producing england in terms of steel. which is the key commodity of the industrial era. it is also mining most of the world's copper. which is crucial for electricity. the new technology of late 19th century. telephones. and by the mid-1890's, america is exporting more than it is importing. this is also a time of a new phase of american expansionism. in the first half of the 19th century, the united states presses westward. through conquest and purchase. until the united states covers the entire continent. , thee late 19th century united states is moving outside of the continental boundaries. war,n the spanish-american thelate 19th century, united states acquires the philippines, pill -- puerto rico, and spain gives cuba nominal independence. to assertoves quick

she really understood some fundamental things about the american economy. she understood that when technological innovation invades the workplace, people are going to lose their jobs. machines will to that work. machines don't strike, they don't ask for raises, and when employers can find them, they'll use ma keen -- machines. she did not necessarily understand the full extent of the american economy as a growing dynamic organize 9/11. for instance, in chicago in the late 19th century the retail sector was growing and so was the commercialized leisure sector. and these were ways for people to spend their money. i don't think she quite understood the power of the consumer society. >> so you've clearly driven to write a biography, you know, kind of a warts and all biography. so what are some of the things that made lucy less than admirable. >> well, i have to say she was not -- she was, well, how do i put this in terms of her approach to mothering. she and albert were both on the road a lot speaking. after his incarceration in the summer of 1886, she lost a n

it also transforms the dominant structures of the american economy. to me, you can see that to transformation as you look at the american city in the late 19th century. this is the moment america becomes a major industrial power and a major economic force on a global scale. by the early 1890's, america is out producing england in terms of steel. which is the still commodity of the industrial era. but, america is also mining most of the world's copper which is crucial for electricity. the new technology of the late 19th century. for telephones, another new technology of the late 19th century. by the mid-1890's, america is exporting more than it is importing. this is a period of a new phase of american expansion. america pushed westward until the united states covers the entire continent. by the late 19th century, the united states is moving outside of the continental boundaries and in the spanish-american war. the war of 1898, and into the early decades. -- early decades of the 20th century the united states , acquires the philippines, puerto rico, and

it expanding broadband access would dramatically boost my state economy and improve the lives of millions of americans. we have an opportunity here to take a step forward in helping grow our economy to its greatest potential. i yield back. the chair recognizes the gentleman from ohio. >> the title of this amendment is a nonstarter creating jobs. government doesn't create jobs. it hinders job creators. as a businessman created over 1500 jobs, the last when we needed government telling job creators how to create jobs. who's better at spending money than job creators. i'm committed just like my colleagues to finding solutions that increase opportunities and impoverished areas but if we look at the totax cuts and job feel find including that legislation was a piece of legislation that i was a proud cosponsor of that will target low income areas by creating opportunities on. it will spur investment in new opportunities in impoverished neighborhoods. in my home state of ohio, every urban center has been designated as an opportunity zone along with numerous role communities. i hope many look this as an oppor

from world war ii until 2016 we used the american economy to prop up worldwide alliances. so if we needed your help, somehow you got a big deal and from then it made good sense because the soviet union was a major competitor and number two, because we were half the world's economy and we were the one that hadn't suffered. the last 25 years, that has disappeared. we agreed to let them into the world trade organization under the hopes they would become a part of a rules-based modern system and they are not. the director of national and which is o under obama said two years ago that the chinese stole $460 billion in intellectual property in one year. that's more than our total sales in china so they've taken the position we are going to defend our intellectual property. that is going to need to friction. he said we are not going to play that game where you charge more than we do so that's going to lead to fction. if you have an american president who has a baby system that's going to create tension because it is a huge change. we are formidable and it's a little bit frighteni

the central american economy has imposed tariffs of around $3 billion us worth of american pork, steel, cheese, and other goods in retaliation to the trump administration's steel and aluminium levies. there is a lot of talk that donald trump wants a different trade format with mexico and canada. economic advisor larry kudlow has revised the possibility that president trump will seek to replace nafta with bilateral deals with canada and mexico. something both countries say they do not want. following this news of tit—for—tat ta riffs following this news of tit—for—tat tariffs between mexico and the us, which takes place immediately, the mexican peso has tumbled to its wea kest level since mexican peso has tumbled to its weakest level since february 2017, making it one of the worst performers among major currencies. it is now unclear which country will blink first, leaving the future of the trade deal and millions ofjobs across the continent that are linked to it so uncertain that many companies are withholding investment they might want to take advantage of with this. ranks a lot, rico.

there is a problemem with chchina china regards are there other acts of the american economy. we want to open up the ours or is they're not. actual products it is. substantially higher than it was designed your your ago as as young. jack there but it is getting ready for a six six straight professionally minds. news mister extremists martin march one twentieth nineteen program last. i had a color voters in his email bellwethers order. found out about reaching out of house and senate our our and that also. of more sense i was also wondering well well doctor john can downtown sharing within one one and their on those clothes facing resources and and although i don't have structural systems more is worth more. in. his own home is. the researchers. found runs jobs on the a judge it. we still have a look. at the legal issues a call call so imagine if you [inaudible] review. in the world where. green or even. hundred tree and says that it's not ruling out guys one using israel real cecina cscs couple couple by couple coupled with more reading. france would like would lik. i understa

in the coming years the american economy has changed. it's a much more urban friendly economy. it's higher education, naming city and i will name you a higher education, big employer, big medical centers. it is international trade, business and professional services. again, naming city and i will set you the neighborhood that is rising like west allis and soho in new york. while the cities are strong, the question is, can they play a kind of version on steroids of the role they have traditionally played in american life, which is to be the staging areas for social progress? where immigrants come in advance, where people build businesses and wealth is created. i make the case in a previous book for the urban land institute that this is a time where cities are prospering. now, given that, the federal government is out of money and can't decide what his responsibilities are. there's a basic debating government about what the role of government is. in the federal government had been traditionally placed and safeguarded people's rights. it was the federal government that stepped in

unfortunately, we all know that this will lead to harm for american workers and american industries. our economies are too interlinked to not have significant disruption in american families and communities south of the border. we will continue to highlight and work together as friends and allies. it's extremely important for the prosperity of each of our citizens. when you look at what the unit -- the united states has chosen to do to his closest friends and allies, g-7 nations, european allies, canada, mexico, it shows that we need to have an opportunity to come together to discuss this directly and firmly and look for opportunities to benefit our citizens, not to harm them. the question is inaudible. the administration's approach -- and i have had relations with both the president and vice -- ident this week they have anthat ideology-based approach that is pro-american. understandn't quite that this will harm americans. it will harm american workers. and american companies. emphasized how important the connections almost out to economies are for citizens of countries. unfortunately, they will n

that is exactly what president trump has done for all americans by building a booming economy with record low unemployment for african-americans and hispanics. the defeat of isis and the ongoing work to achieve peace on the korean peninsula. earlier today the president spoke with the new president of columbia and congratulated him on his recent electoral victory. president trump noted the strong partnership between our countries and discussed the security challenges the government will face as he enters office. we are all still working to set up a call between the president and the president of turkey to reaffirm our strong bond. we encourage turkey to take steps to strengthen its democracy and continue progress toward resolving issues in the bilateral relationship. lastly, and on a slightly lighter and more positive note, it should be an exciting national championship at the college world series, since the arkansas razorbacks will be playing and take on oregon state starting tonight in omaha. with that, i will take your questions. >> about the president tweet over the weekend where he sa

it has in some cases damaged the american economy and american workers and manufacturing and other businesseso the president stepped up to the plate and as somebody was a free trader, i've got to say, if y have a level playing field, you can operate free-trade. >>chris: you make it like this is the beginning or midway point in negotiations. in fact, it represents somewhat of a breakdown.let me put the timeline on the screen. president trump first threatened to impose these tariffs on march 1. this week's action comes after more than a month of negotiation. the eu is now imposing tariffs on $3 billion of u.s. goods. canada on $13 billion of u.s. imports.and for all the talk of protecting american jobs, the american steelworkers union opposes putting tariffson canada sing their exports are fairly traded . this isn't the beginning of a family squabble, the family has broken up and going into separate rooms. >> sometimes that happens. sometimes families have disputes. good-faith negotiations were part of our announcement the other day. >>chris: this is what comes at the end. >> the american econo

>> those that are struggling to adapt to a rapidly changing economy hours have priority in congress should be helping to ensure every american can succeed in the 21st century to expand opportunity and invest in the foundations we need to sustain long-term economic growth and security. to have robust job growth to expand access to build the economy in which anyone willing to work hard and get ahead to build a future for themselves in the next generation. this means taking a balanced approach that cuts wasteful spending and investing in the program for families and jobs and provide the economic security for those in need. the majority had an opportunity to work on a bipartisan basis but instead this budget leaves too many citizens out in the cold to make cuts that helps millions of people including working families achieve a basic standard of living that is why i strongly oppose the defense resolution. they ran to their tax bill last year at the ceo estimates will increase $1.9 trillion as predicted the new york times reported companies buy back a record quantity of their own shares during their first three months according to

and the rest of the world raises the risk of slowing a vibrant american economy.resident trump's threats of tariffs on chinese goods and the levy on e.u. car shipments would cut gdp growth this year. the e.u. said it is ready to retaliate to u.s. threats on the 20% to you plan -- to european cars. they say the block is not treating the u.s. unfairly. the dispute between washington and others set to escalate with strength replacing rules for the basis of trade. e.u. officials are in china for high-level trade talks. got whatbia and russia they wanted out of the opec meeting to increase reduction. the saudi energy minister promised to act decisively to keep oil under control. that signals a supply boost approaching one million barrels a day. but iran does not believe that the oil will get waivers from the u.s. under the sanctions imposed by president trump. trump iseve president against market fundamentals, against the market, the free market and not the benefit of even consumers. the high-level price by the action [indiscernible] paul: malaysia's prime minister sai

it's helped the american economy boom and helped illinois. look at what the administration and congress have done to release regulatory on american businesses. the american economy is very strong and illinois is doing better as a result. you have to applaud that. clearly we've had unfair trade deals with many countries. we should support him. but tariffs are devastating and can hurt america and we can lose jobs. we have to avoid that. >> neil: thanks, governor. governor rauner from illinois. meanwhile, peter strzok has agreed to testify tomorrow. unfortunately it's a closed-door session. you'll never find out what's going on. many say the doors should be open for everybody. that's next. so i'm not happy unless my hands are dirty. between running a business and four kids, we're busy. knowing that usaa will always have my back... that's just one less thing you have to worry about. we are the cochran family, and we'll be usaa members for life. if you have moderate to severe or psoriatic arthritis, little things can be a big deal. that's why ther

the president will highlight the strong american economy and time-out the benefits we are seeing from -- tout the benefits we are seeing from tax reform and de-regulation, including that small business optimism has hit its highest level in more than 30 years. as you know,io

and by the way the other thing is, i don't want to lose this point, the american economy is really growing rapidly. we are the fastest growing g7 economy right now. we've cut taxes. we've pushed back regulations. here is the president being frankly the strongest trade reformer in the past two decades which if we could overcome these unfair trading barriers would help our economy and the economy of the rest of the world. we talked to trudeau as i said in the bilateral. we were coming together beautifully. okay? and then he goes out there and pulls this amateur political opportunity. look, it is not personal. trudeau is a smart guy as i said. i was working with him. i call him prime minister. he calls me larry. i'm taking notes. i'm going back to potus to see if he will accept this stuff. >> is there going to be payback? is the -- >> i don't know anything about that. what i'm saying is the president had every right, every right to push back publicly on this trudeau amateurist scheme intha really broke up all the good will from that meeting. >> i'm sure most americans if not all watching righ

i think this is a president who for several decades has had a sudden core impulse about the american economy. i don't know what gave rise to the impulse in the first place but he's always expressed the view what we're getting screwed by other countries, that we're getting taken advantage of by other countries. and he's now expressing that in a fairly crude fashion as president by the approach he's taking saying you make a better deal with me. international trade is something that presidents of both parties have worked on for decades. they built a system, step-by-step, has tried to intersect the world's economies. lower trade barriers. to the benefit of all. and the president has seized on -- he certainly did in this campaign, to get votes, using trade as the whipping boy for changes in the american economy that left some americans behind. trade may have been some part of that. but there are many factors in the economic transformation of the world. and he continues to, as he is under pressure, and as his popularity has diminished, with the broad segment of the electorate, he's trying to motiv

it has in some cases damaged the american economy, damaged american workers in manufacturing and other. the president stepped up to the plate here and as somebody who is a free trader, i've got to say if you don't have a level playing field you can't operate free trade. >> chris: you're making it sound like this is the beginning with the midway point in negotiations. in fact it represents something of a breakdown. let me put the time line up on screen. president trump first threatened to impose these tariffs on marc. this week's action comes after more than a month of negotiatio negotiation. the e.u. is now imposing tariffs on $3 billion of u.s. goods, canada on $13 billion of u.s. imports and for all of the talk of protecting american jobs the united steelworkers union opposes putting tariffs on canada saying that there metal exports to the u.s. are "fairly traded." this isn't the beginning of a family squabble. the family has broken up and has gone into separate rooms. >> larry: sometimes that happens. sometimes families have dispute disputes. again, good faith negotiations were part

some say he inherited the economy, some, you know, supporters say his tax cut, the economy is growing right now. and americanupid. if he starts a trade war, and that causes a drop in the markets and drop in economic growth, that could be politically nearly fatal for this president. so this is an incredibly important meeting and how he treats our biggest trading partners canada is our biggest trading partner, then mexico number two and europe, russia is obscure and meaningless to the american economy. this is, again, a very important meeting economically and politically for the american people. >> and, of course, he's coming there as he made the headline, kimberly dozier, that he wants to bring russia back to the negotiating table. i imagine some of the world leaders there, the g-7, were taken aback by that notion because russia was kicked out of the g-8 by the annexation of crimea. >> you can imagine that's one of the first things that they're going to be explaining to donald trump, look, there is a reason moscow isn't here. and if you offer them a way back in, without having them learn lessons and at least

well you know i came up with a phrase a few years ago there seemed no good lag in this and the american economy is becoming the casino go leg you have a few people who get rich in the casino of wall street or because they become professional athletes or have you and there's a very small percentage of the one percentage that hits the casino lottery billions but everyone else is living in a good leg this is the new girl and this is the american girl like and the seed of every major city across america and it's the result of corruption is the result of . a government in freefall is the result of a central bank that is not accountable to anyone and just prints trillions of dollars to go drop bombs and bail out bad banks and there's no turning back you know our from dmitri orloff wrote a famous essay collapse gap a few years ago so that the soviet union and america would both collapse for the similar reasons just that the u.s. would take longer they physicians i said soviet union was like full. out of a one story window and america's like story falling out of a twenty story window and i think we're

. >> there is a problem wiwith cha in regards to other aspects of the american economy. we want them to open up their borders mark. we want to send our cars over there. not just agricultural products. chinais beingg held d that -- hoped that china will backtrack. >> this is the picture in the european markets this lunchtime. those trade tensions impact investors. let's talk about this further. we can go to london and speak to richard parry. thanks for being with us. where are the effects of this being felt on the markets today? >> it is pretty much -- you have seen quite a significant -- you have seen the japanese yen, which is strengthening. that is the goto in the currency markets. we're seeing bond yields which have started to fall across the board, which gives a general sense that markets are in risk retreat. you have the equity markets that are also falling quite sharply as ever in this trade spat situation. we see the dax is the underperformer in europe. it is heavily export waited. it underperforms there. it is a considerable across the board move that we have see

american dream. after eight years of a static economy, stagnant wages and being told that no growth is the new normal, this president has -- kickstarted a great american come back. after eight years of retreat, america's advancing because president donald trump has restored american strength at home and abroad. [applause] this is what we have done together. we are rebuilding our military, restoring the arsenal of democracy and once again, finally giving our soldiers, airmen, marines and close guard, their resources and training and support they need to accomplish their mission and come home safe. this year, president trump signed a law which was the largest investment in the armed forces since the days of ronald reagan's. -- reagan. [applause] and we are not just standing with those in uniform, we are standing with those who wore the uniform of the united states. standing up with our veterans. just this week, the president took the latest action to give our nation's heroes access to world-class real-time health care that they earned, in the uniform of the united states. we will make sure the v.a. wor

the only thing that has ever grown the american economy has been the investment in the middle class. think there's a false conflags of economic science. the reality has been that republican administrations run up huge deficits with false growth rates, democratic administrations come in to power and then are left with cleaning up those deficits. and kbret yyet you get false ec growth assumptions again and again. i think it's important for people to understand that these are just totally made up assumptions and that the only thing that is actually ever grown this american economy is an investment in human capital and the middle class. >> if i can remind my colleague, this session is only for getting factual information from the staff. >> yes. >> i yield back. >> thank you. >> thank you to our ranking member. i have some questions on the other functions piece of this and specifically on the governmentwide savings numbers that you have both mandatory and discretionary. let's start with government wide savings mandatory. you have $948 billion in mandatory savings. what does that represent

american ones? eswar: ultimately it will hurt both economies. the trade and invement flows have been helpful to both countries. trade between the two countries is not going to be enough. it could cause major economic damage, but there specific industri and export-oriented parts of both economies that are going to be hurt by this trade war. laura:fo is there a wachina and the u.s. to de-escalate this, which isn't as though was happening without anybody losing face? eswar: at this point it will be difficult for them to reach a negotiated settlement. china views the u.s. is having negotiated in bad faith. zte fir lthatthe they put of sanctions on, and in return what china promised to do in buying more goods and services from all that seems to be off the table. it will be a little difficult from this int on to prevent escalating hostilities and for the two sides to pull back a n come back tootiated settlement. cohn, former economic adviser to the president, warned that the effect of tariffs could wipe out the beneficial effect of the tax cut on the

the president will highlight the strong american economy and tout the benefits we are seeing from tax reform and de-regulation, including that small business optimism has hit its highest level in more than 30 years. as you know, national economic council director and assistant to the president, larry kudlow, was discharged from the hospital and is recovering at home. the president has spoken with larry and he's in good spirits, we look forward to having him back at the white house soon. tonight at nationals park, republicans and democrats in congress will put aside their political differences to play america's game. after last year's horrible shooting at the g.o.p. practice, where capitol police acted heroically in the line of fire to save lives, we're excited to see those who were injured return to the field, including majority whip steve scalise. those injured fought hard for this moment and we'll be proudly cheering them on. i heard the republican team looks pretty good in practice and they're headed for a victory. lastly, on june 14 we celebrate flag day, commemorating the adoptio

the g7 summit in quebec, donald trump complained that france and canada were also hurting the american economyhat the planet may have harboured life. scientists say the mars curiosity rover discovered three different types of organic molecules when it dug just five centimetres down on an ancient lake bed. now on bbc new: panorama. tessa jowell: nothing else had ever happened to me before, ever. i was getting ready for the thing i was doing in the evening. and the next thing i knew, i couldn't talk. i didn't know what was happening. last may, tessa jowell, the former culture secretary who brought the olympics to the uk, was diagnosed with an aggressive form of brain cancer. while other more common cancers have seen treatment breakthroughs, her cancer has been underfunded and has had no major new treatments for 50 years.

because an efficient and functioning infrastructure is critical to the american economy. unfortunately, many of our roads and bridges are in a state of disrepair. my home state of washington has more than 7000 bridges, many of which were built in the 1950s and the 1960s. as as a result it is critical wn fast and safety improvements and in renovations. moving forward on transportation improvements that efficiently move people and goods will improve connections to our ports, support trade come help connect people to their jobs and spur economic growth. and very importantly, improving our infrastructure will put many people across our communities to work. i urge my colleagues to vote yes on this amendment and i yelled back. >> i would just idea and concluded, mr. chairman, that this is a wise investment that ought to be made. there is cost acceleration in infrastructure that, you know, if you had a $1 million bridge repair today, it will cost you $5,000,000.24 months from now. if you get a $20 million road project in 2020, it will cost you $100 million. the fact of the matte

the american economy is creating jobs, at historic rates. 1 million jobs have been created so far this year. the unemployment rate is at an 18 year low. there are more vacant jobs than unemployed jobseekers in the united states, that is the good news. there was an article in the new york times, we ran out of words to describe how good the jobs numbers are. small business -- small business -- small business optimism is at an all-time high. the problem is, when there are 6.6 million job vacancies, small businesses have a particularly time -- difficult time finding and retaining qualified employees. 57 % of surveyed small business owners either hired workers or were trying to hire the workers within the last month. 88 % of those hiring or trying to hire them reported few to no qualified applicants for the vacant positions. it raises a significant secondary issue according to the american enterprise institute, there are 7 million men currently missing from the workforce. the female labor force participation rate has declined by six % since 2000. one in seven, 16-24-year-olds, are neither i