. >> i want to thank congressman brendan boyle for getting in the -- brendan, you've been a great friendhe's the democratic part of the budget committee. he's the guy that will determine whether my budget gets passed. >> joining us now is that congressman, democrat brendan boyle of pennsylvania. he is the highest ranking democrat on the house budget committee. thank you very much for joining us tonight. it looks like you're going to be seeing a lot of joe biden in your district over the next two years. >> yeah. and i would say very happily, it was great to have the president there, not just in my district, but literally in the neighborhood where i happen to live. it also happens to be a neighborhood where there are a lot of firefighters and police officers and teachers, and i can tell you, they pay a hell of a lot more than a 3% tax rate that the billionaires are getting away with paying right now. >> so kevin mccarthy's only response to this today is that absolutely right, we will not go along with any increase in taxation, not one penny more in taxes from billionaires. >> yeah, it's re

. >> impressive concentration with brendan boyle, the congressman behind you. carol lee, thank you so much for that update. we're going to continue to wait for the president. >>> mexican authorities are releasing revealing surveillance images of the kidnappings of four americans in mexico. morgan chesky, what are we learning? where does the investigation stand? >> chris, this remains a very active investigation, and this new evidence released by mdical examiner authorities and confirmed by u.s. authorities paints a chilling picture, filling in the time line as to what took place on friday when that van filled with four americans crossed international bridge into matamoros, mexico, for what authorities say was supposed to be a cosmetic procedure for a woman in that group. these pictures, chris, show, at least one other vehicle tailing that white van for some time before other vehicles emerge and that deadly barrage of bullets followed by these armed againmen that are then seen on video taking these victims, very casually, and placing them in the back of a pickup

. >>> joining me now is brendan boyle, budget committee ranking member. he was with the president at the unveiling of the budget. >> great to be with you. it was great to be with the president yesterday in my district where he officially unveiled his budget proposal for this year. those are the priorities that we are going to be fighting for. i love the contrast, frankly, of everything the president talked about yesterday versus what the house freedom caucus just released today, which is extreme on steroids. that's the document that's dead on arrival. >> when you are talking about the freedom caucus, you are talking about increase on defense, but cutting domestic spending. >> massive. their list of ten demands reads like a ransom note. they came out with a very important report recently that analyzes what's been out there -- as you pointed out, the republicans don't have their own official budget. based on what they put out there, moody's said it would cause the economy to go into recession. it would cause job losses numbering 2.6 million. you would see a

[laughter] and i want to thank congressman brendan boyle for the passport to get in his district. brendan, you have been a great friend. thank you, thank you, thank you. [applause] by the way, he now leads the democratic -- part of the budget committee. he's the guy that's going to determine whether or not my budget gets passed. but you know, while he couldn't be here, i want to thank jim kenny, who is a good friend, mayor of philadelphia. and two great senators. bobby casey and john fedderman, who will continue to lead the people of pennsylvania, i believe. john, if you can hear this, we're with you, pal. we're with you. [applause] everybody asks why i ever moved from scranton -- moved from scranton because we lived five blocks from the caseys. you think i'm kidding. as long as his dad was around i would never be senator or governor of pennsylvania and along comes bobby. anyway, great, great family. great, great friends. folks, here's why i'm here today. for too long, working people have been breaking their nekz. the -- necks. the economy has left them behind. while those at the t

and i want to thank congressman brendan boyle for the passport to get into his district. n, you've been a great friend from the time we've been together. thank you, thank you, thank you. [applause] by the way, he now leads the democratic part of the budget committee. he's the guy that's going to determine whether or not my budget gets passed. but you know, while they couldn't be here, i want to thank jim kennedy, mayor of philadelphia, and two great senators, bobby casey and john fetterman, who will continue to deliver for the people of pennsylvania, i believe. john, if you can hear this at all, we're with you pal. we're with you. [applause] everybody asks why i moved from scranton. we moved from scranton, we lived five blocks from caseys. i knew as long as their dad was around, i would never be able to run for office. folks, here's why i'm here today. for too long, working people have been breaking their necks. the economy has left them behind. working people like you. while those at the top get away with everything. get everything. one of the reasons why i ran for presid

on balance of power, congressman brendan boyle, a democrat from pennsylvania talking about the potentialnd markets, you are seeing a bit of a lift. there has been an ongoing sense of optimism and markets despite the parish commentary -- bearish commentary from new york, this is bloomberg. ♪ ever better. it's when disruption hits your supply chain and ryder makes sure you're ever delivering with freight brokerage to transportation management, truckload capacity and dedicated trucks and drivers. jonathan: if you thought yesterday was messy, maybe what you can blame the treasury secretary and not the fed chair. from new york city, good morning. "the countdown to the open" starts right now. >> everything you need to get set for the start of u.s. trading. this is "bloomberg: the open" with jonathan ferro. jonathan: live from new york, jay pl