enzi: mr. president? the presiding officer: the senator from wyoming. mr. enzi: mr. president, i'd ask that further proceedings under the quorum call be waived. the presiding officer: without objection. mr. enzi: thank you i rise to discuss the bipartisan congressional budget reform act that i introduced with senator whitehouse and many of my colleagues. last month the senate budget committee approved our legislation -- that's the senate budget committee -- approved our legislation by a vote of 15-6, marking the first major legislation reported by the committee on a bipartisan basis in nearly 30 years. i'm pleased that 21 senators have now joined senator whitehouse and me as cosponsors of this bill. since i became chairman of the budget committee, we've had more than a dozen hearings on budget process reform. we've met with budgeting experts, including some outstanding state officials, and we've listened to insights and concerns shared by colleagues on both sides of the aisle. along the way we collected a lot of good ideas that we tried to incorporate into our bill,

told usony chris enzi that 2020 will be a year of coupon clipping.you look it price or coupon in 2020? peter: for the total return investors, you'll have to be careful. it may be a coupon clipping. for spread investors, you can do well. you will have to be aggressive, as john talked about. energy could outperform. you have to be overweight those sectors still have juice in them . you have to time the market. there will be opportunities to buy and sell, rebalance your portfolio. taylor: it is time for the rapidfire around. how many fed cuts in 2020? collin. collin: zero. peter: zero. john: i will be a little more bullish and say one. taylor: what is the upper bound for the 10-year in 2020? collin: we think two .25. upper bound, 2.5. peter: 2.75. john: for the 10-year treasury? taylor: upper bound. john: 2. taylor: what part of high-yield upper forms? you know what, i will just get one answer their. collin martin, peter tchir, john bellows, thank you both. this is bloomberg "real yield." ♪ mark: i'm mark crumpton with bloomberg first word news. japan i

enzi: mr. president? the presiding officer: the senator from wyoming. mr. enzi: mr. president, i thank my colleague for his words. ii will add to that, i hope. i think it may prudent to look back at the current state of the nation's budgetary affairs. unfortunately, none of the news is good. this past summer, congress passed the bipartisan budget act of 2019 which increased the last two years of the budget control act's discretionary spending caps. the congressional budget office tells us that the bill has increased their forecast of the nation's projected deficits by $1.7 trillion over the next ten years. i'll be the first to add mate that it's largely due to mandatetory -- admit that it's largely due to mandatory programs. in the fall we received final tax and spending data for fiscal year 2019. the report showed that the deficit for the last fiscal year was $984 billion, even though revenues were greater than ever before. now, relative to the size of the economy, that deficit is an estimated 4.6% of g.d.p. was the highest since 2012. this also marked the fourth co

understand because every time i go to an event like this people say well will medicare call ex why enzi. it will, last -- last i heard mental health issues our health care issues. but i do have to say that the issue with regard to health care is not only passing medicare for all, making sure everyone can get to a doctor, it is making sure that we get doctors and nurses and psychologists and dentists to the areas in the countries where we need them. you know we should not be shutting down rule hospitals. we should be expanding health care facilities in a rural america. by the way just as an aside one of the things i've been working very hard on it reasons a bit in this senate is expanding community health centers all across this country the good news is as i understand it that house will shortly pass a major expansion of community health centers that i have helped sponsor and i think we stand a good chance to get it through the house. that all mean clinics all over america, please do your best to get your senators to support that. all right let me switch and get your views on education,

i don't think they'll necessarily vote to remove but lamar alexander, mike enzi and pat roberts are marching into the pages of history. they don't have to deal with the world of donald trump any more after next november and i think they'll be taking a longer, more institutional view about this process. >> we'll squeeze a quick break in here. our two guests are staying with us. coming up, the president's campaign is stepping up efforts to hold on to the support of evangelical voters. does he have something to worry about there? we'll talk about that. >>> nobody has done more for christians or evangelicals or, frankly, religion than i have. our evangelicals are here tonight and they're all over the place. what we've done for them and for religion is so important. jewish population and evangelicals happier than ever. i hear we're more popular than evangelicals. >> president trump is banking on the evangelical support he had in 2016. to keep it, he may be trying to do some damage control. in chris crayonity today, called for trump's removal from office. on christmas eve the president and first l

those senators up for re-election in a tough spot, institutionalists who are retiring like senators enzi, roberts and alexander. mitt romney surely as an independent thinker has his separate views. lisa murkowski of alaska. i think there are a bunch of people who want to show the voters for different reasons, whether they're up for re-election or they came to the constitution when you always, always, adhered to process and you always protected the institution, that they want to show the public that they -- this is a legitimate process and a credible process. and the idea of people going on sunday shows and saying, ha, ha, process is for fools, this is the era of donald trump and we do things the way we want to, sure, we're going to take an oath. remember, it's not court of law. which is true, it's not. it's political process and we're going to have a political circus if we feel like it. we'll shut it down if we feel like it because we have majority control. therein lies the tension, how much of an opportunity he creates for dissent. the president will tolerate none, brian. he wants vindi

i don't think they'll necessarily vote to remove but lamar alexander, mike enzi and pat roberts are marching into the pages of history. they don't have to deal with the world of donald trump any more after next november and i think they'll be taking a longer, more institutional view about this process. >> we'll squeeze a quick break in here. our two guests are staying with us. coming up, the president's campaign is stepping up efforts to hold on to the support of evangelical voters. does he have something to worry about there? we'll talk about that. out there? we'll talk about that. is about to become your problem. ahh no, come on. i saw you eating poop earlier. hey! my focus is on the road, and that's saving me cash with drivewise. who's the dummy now? whoof! whoof! so get allstate where good drivers save 40% for avoiding mayhem, like me. sorry! he's a baby! but at fidelity, value is more than just talk. we offer commission-free online u.s. stock and etf trades. and, when you open a new fidelity brokerage account, your cash is automatically invested at a great rate -- that's 21 times more t

returned from rhode island with senator reed and before that with senate end si in wyoming with -- enzi in wyoming and adding to the over 100,000 all testimonies of veterans. and the inclusion of the gold star families has been very important, and we are making sure that we work with congressional offices, and we want to thank you for conducting the interviews. you are so correct about the fact that it is, it can get emotional, and there are a lot of veterans who feel they don't have a story to tell, but we try to make sure they know. and people who have lost their love ared ones can also -- loved ones can also contribute to the veterans history project and talk about that. so over 100,000 already, and we're working to make sure that we reach out to the native communities. and so we have added many oral histories and have a potential focus in working -- a special focus in working with the national museum on that project as well. it's very successful. it is something that we hope people will realize is so important in terms of stories to be told. so at our new orientation center, we will

a long time friend of john barrasso and others from wyoming, i think mike enzi. a very impressive guy. one of the things he said, he said bipartisan solutions are lasting solutions. that's what he said. bipartisan solutions are lasting solutions. the tax law that was enacted two years ago was not a bipartisan solution, and as it turns out in retroeffect, it has not been -- in retrospect it has not fostered the long term economic growth. it has not made the tax system simpler and finally, it is just dramatically, dramatically inflated the budget deficit. and that's not -- it's not sustainable. with that -- other than that, it turned out just great. i now yield the floor to some others who have been waiting, shear rod brown and debbie stabenow. mr. brown: mr. president? the presiding officer: the senator from ohio. ÷r. brown: thank you, mr. -- thank you, mr. president. i appreciate the comments of senator carper and senator wyden before all members of the tax-writing committee with senator stabenow, and i believe a couple more will join us. senators cardin and cant

the enzi i.e. are, a consensus survey of new zealand, published its results.eeing 2019 to 2020 gdp growth at 2.2%, a little weaker than they had forecast. still to come, seeing oil market stabilizing. we will have highlights from our exclusive interview ahead. kathleen: and more clashes in hong kong. carrie lam going to beijing. this is bloomberg. ♪ loomberg. ♪ paul: this is daybreak asia. i am paul allen. kathleen: i am kathleen hays. hong kong antigovernment protesters clashed with police after an otherwise peaceful weekend. carrie lam met with top officials in beijing to give a debrief. editor jodi schneider is joining us now. .nteresting juxtaposition carrie lam is explaining something in china. the protests continue. they do. part of it is frustration by thatof those demonstrators there has not been more done. carrie lam has not responded what they view as an effective way since a record turnout elections last month. another very large demonstration. demonstrators say as many as 800,000 people a weekend ago. it was relatively peaceful until sunday night a

enzi: madam president, i've had the pleasure of serving in the senate alongside johnny isakson for close to 15 years, and it's been a privilege to work and join with him on a number of legislative efforts. but more importantly, johnny's the big brother i never had, that i aspire to be like. and i'll never have the speaking ability that he does, but he's a brother because although we grew up across the country from each other, we shared many experiences that shaped our affirmative years and continued to influence our work in the senate. we both were in business before entering politics, we both were sunday school teachers, and and even our spouses, dianne and diana have similar names. we both served in the state legislature before coming here. there are many things i will never match. johnny served in the georgia legislature for 20 years and served as the -- he was erected -- elected to the house of representatives in 1999, and the u.s. senate then in 2004, throughout his time throughout the state and federal legislators, johnny was nothing short but a pioneer for the state of georgia. he

yesterday afternoon senator enzi spoke on the senate floor and outlined some of that history. i'm so proud of my home state's amazing record in advancing this entire issue and concern and allowance of women voting. women in wyoming were the first in the nation to use the right to vote. that's a fact. wyoming women have been voting for 150 years. december 10, 1869, wyoming took a giant leap forward for women's equality. we're called the equality state, this is a lot of the reason why. so wyoming's governor mark gordon at the state capitol in cheyenne is proclaiming today wyoming's women's suffrage day. wyoming is the first state to secure the women's right to vote as well as the right not just to vote but to hold public office. the people of wyoming spoke loud and clear 150 years ago. wyoming was a territory back then. our state hadn't yet joined the union. that the didn't happen until 1890. still that's when we earned the proud name of the equality state. wyoming earned far more than the name. bid leeing the fight for women's rights, wyoming has forever earned a hollowed -- ha

enzi: thank you. mr. president, today i'd like to speak on a topic very important to my wife diana, to me and for that matter to all of wyoming and should be important to all of america. it's a topic of great importance in wyoming. it's a topic at the core of what makes wyoming the equality state. it's wyoming women's suffrage day tomorrow. i recently had the pleasure of introducing and along with my friend senator barrasso passing senate resolution 430, which recognizes tomorrow, december 10, 2019, as wyoming women's suffrage day. wyoming women's suffrage day celebrates the contribution of women to our great state and wyoming's place in history as the trailblazer for women suffrage. 150 years ago on december 10, 1869, the wyoming territory approved the first law in legislative history recognizing women's inherent right to vote and to hold public office 50 years before the enactment of the 19th amendment to the constitution in 1920. this historic step even preceded wyoming statehood. the young territory g

enzi: mr. president. the presiding officer: the senator from wyoming. mr. enzi: reserving the right to object, does that mean that i won't get to give the comments before we vote? there has to be some comments about the point of order. and looking at the clock and the number of people waiting, it looks like i'm being cut out of that time. would that be a correct interpretation? mr. thune: i guess my view would be that the gentleman from wyoming wants to explain his point of order, i suspect -- i don't think there would be any objection to allowing him to do that. mr. enzi: then i have no objection. the presiding officer: is there objection? without objection. mr. thune: mr. president, notwithstanding rule 22 i ask the chair to lay before the senate the message to accompany s. 151. the presiding officer: the chair lays before the senate the following message from the house of representatives. the clerk: resolved, an act to deter criminal robocall violations and and so forth andr other purposes do pass with an amendment. mr. thune: mr. president, i move to co

long been adherences of a biennial budget and i'm delighted that the bipartisan bill that senator enzi and i have put together will create a biennial budget. i'm not sure we'll be able to get that down before senator isakson leaves about you one way or another, his interest in biennial budget will live on successfully when we pass that. we had a parity question about mental health hospitals, children's mental health hospitals that weren't getting counted and therefore weren't getting access to funding for the medical interns who come. and johnny helped me fix that. it helped, i'm sure, hospitals in georgia but it was particularly helpful to me for a children's hospital in rhode island. we have a lot of rhode islanders who were killed in the lebanon marine barracks bombing, and there has been litigation against iran for its responsibility for those deaths. it's not easy to collect a judgment on a foreign government and johnny has been very helpful to me in our joint efforts on iran terror victims judgments, helping us let the lawyers collect against assets of the government of iran. and