and cargo way and continue to watch those programs carefully the fast lane is funded at the 9 housing unit dollar annual amount through 2020 in homeland security we're seeing about $700 million reduction to this program that is been an extremely impactful program for the motion passes that is the predisaster mitigation grant and security fund we every year put in lots of lighting and other security measures to keep our waterfront safe we will be watching careful to see how those reductions impact us we see a 31 percent reduction in the environmental protection agency and the green locomotive you approved through that program it was passed through the bay area air quality district to besides how it impacts the important grant program the ports rely on and the united states corps of engineers is slated to see a 16 percent decrease and the blueprint didn't describe the changes in the budget we're eager to see the details because as you may know we have been looking executive director's report other united states corps of engineers to help us prepare and protect against flooding and with the seawall

and cargo way and continue to watch those programs carefully the fast lane is funded at the 9 housing unit dollar annual amount through 2020 in homeland security we're seeing about $700 million reduction to this program that is been an extremely impactful program for the motion passes that is the predisaster mitigation grant and security fund we every year put in lots of lighting and other security measures to keep our waterfront safe we will be watching careful to see how those reductions impact us we see a 31 percent reduction in the environmental protection agency and the green locomotive you approved through that program it was passed through the bay area air quality district to besides how it impacts the important grant program the ports rely on and the united states corps of engineers is slated to see a 16 percent decrease and the blueprint didn't describe the changes in the budget we're eager to see the details because as you may know we have been looking executive director's report other united states corps of engineers to help us prepare and protect against flooding and with the seawall

the white house address dollars the act of terror. >> the united states condemns this reprehensible attack and act of violence. our thought and prayers are with the injured and with the russian people as we extend our deepest condolence to the loved ones who have been killed and injured. >> and president trump has called russian president vladmeere putin to express his condolances. back here at home it promises to be dramatic showdown on capitol hill when the confirmation for supreme court nominee for neil gorsuch happens on friday. now have enough vote for a filibuster. chris coons became the crucial 41st vote against gorsuch, also the senate judiciary committee where the vote to back gorsuch was along party lines as expected. senate republicans vowing to use the so-called nuclear option and change senate rules which means that gorsuch will likely be confirmed with just 52 republican vote. >> i conclude that judge gorsuch doesn't share a main stream view of the constitutional right as they apply to individuals, their right to liberty, their right to privacy. >> we will not have a successf

housing. >> i will just give you the average home price in american dollars of a toronto house right now. is rivaling some of the most expensive metropolitan areas in the unitedory takes it to wear up -- to whereople people are so willing to get a yes there ignoring the housing section. while you are seeing a huge race for these properties, some of the leading houses sectors are seeing and patching requests -- inspection requests drop 30%. these are people who are desperate to get these offers expect it -- accepted. this can actually knocked down the line. and consumers do not seem to care, but it will open up a lot of problems later on. carol: so much about knowing what you are buying. it is happening in other cities, even in the united states work you are skipping inspection of the housing market is so tight. when we look at these trends, a level that might be about to -- bubble that might be about to pop, this is one of them. it is speculative of a boom. canada has been speculative as well of these areas coming overheated property markets. the issues is that foreign money keeps flowing in and we have a tron -- ton of asian money and european money coming i

expected to discuss arrange of topics, including, north korea, and the united state, billion dollars trade deficit, with china. the white house says it isn't expecting any major breakthroughs. officials are calling the summit a quote framework for discussion. >>> meanwhile the president is changing his stance on syria, saying the chemical attack against civilians crossed more than a red lion. the trump administration and other international leaders are accusing the syrian government of caring out the strike that killed more than 70 people. syria denies any involvement. during a news conference at the white house, president trump pointed the finger specifically at the has add regime. >> it crossed a lot of lines for me. when you kill innocent children, innocent babies, babies, little babies, with a chemical gas that is so lethal that people were shocked to hear what gas it was, that crosses many, many lines. >> at an emergency united nations meeting the us signalled it may takings against syria if the un fails to act but did not provide any further details. >> the world health organization says there is evidence nerve gas was

houses displaced iraqis. it's hard to believe the international community has spent millions of dollars here. the united nations agency depends on the donation from government says in iraq alone it will need $578 million to help people i the classroom doesn't have books. but to the kids, a school without supplies beats the alternative. there is a reason the child has his back to the camera. he like many kids his age attended a school run by isis in mosul. he is afraid of retribution if he shows his face. >> they were teaching us about bullets, bombs, weapons and everything. >> the world has more refugees at any time since world war ii. half of them are children. >> their survival depends on international aid. with the trump administration proposing to slash u.s. spending on the united nations, the organization says there is never enough money around that will only compound the problem. >> the united nations says the proposed cuts are expected to have the biggest impact on peacekeeping efforts, the u.s. development the agency unicef. >> i am really, really excited. larry: still ahead at 5:00, what has th

united states. they've gone up about $3,000 per house this year and for every thousand dollars in increase of the price of a house, the u.s. homebuilders estimate that means another 150,000 u.s. families can't afford a home. so this is a dispute, which of course, canada thinks is wrong. it's not good for our industry. but above all, the losers in the soft wood lumber dispute are middle class americans who want to buy an affordable home. >> thank you so much for joining us. we appreciate it. canadian foreign minister. kevin o'leary is running for conservative party leadership. he will stick around. she had mentioned the builders before going, they are down by about a percent. is this a buying opportunity here as we have new -- >> it's a, i like the space. and i don't think it would be effective by anything we're hearing in terms of trade rhetoric. important to understand that trump, with every passing day, is becoming more pragmatic. if you had any sense of the ap about china, he's literally saying something no one has said before, which i find refresh, we're going to call them a currency manipulator, t

united states that the white house turned down. that they said, "no the problem between us is too big. year not going to take a few billion dollars solving this and making us look, you know, indebtedded to you." the other thing is the pressure on north korea. the white house went in and clearly said you have to put more pressure on north korea. and if you don't, we will take retaliatory action against the chinese entities. whether they can do that under w.t.o. rules is probably more questionable, but they seem to have got something from the chinese in terms of actions against north korea, which is the biggest foreign policy challenge that the president faces. >> he won the election. big surprise, we have the house, we have the senate. but butt now we're finding out we're not sure he's ideologically reliable so there's fear growing in the caucus. there's a lot of worry he will trianglealate himself in left field or right field or who knows what? and when you have a president who is kind of a chaos machine, it can be a negotiating advantage for the president, but also scares your allies a lot because they don't know what to count o

will bring back trillions of dollars that are offshore to be invested here in the united states to purchase capital and to create jobs. >> reporter: in addition, the white house wants to stop taxing profits earned overseas. that's also a staple of the tax reform blueprint by house speaker paul ryan and house ways and means committee chairman kevin brady. the ryan-brady plan would cut the corporate tax rate to 20%, not 15%, and would introduce a new tax on imports to offset the revenue loss. republican illinois congressman peter roskam chairs the house ways and means subcommittee on tax policy. >> tax cuts have to pay for self. and that pays for create >> reporter: the proposed new tax is called a border adjustment tax, a 20% levy on imports which roskam says will encourage companies to produce more in the u.s. and keep profits here. >> right now, if you're a manufacturer in the chicago area, if you're in my constituency and you're making a product, the cost of your product includes the income tax that the company pays for that. then, when it's exported and it goes into another jurisdiction-- it goes to, let's say germany, for example-- the germans move that i

house and the senate. the common ground is we want the trillion dollars of stranded profits to flow back to the united states sooner rather than later. we want to make sure we don't strand them out there in the future. very important for competitiveness. the rates and how it's used will be part of the roll-up-your-sleeves discussions that we'll have. >> these rates, 10, 25, 35%, are you okay with those? the top rate is 33%. is it likely going to be the higher rate? with 15%, you were at 20%. what do you make of these differences? >> yeah, the rates are close, neil, on the individual side. very close. on the business side, we obviously want the rates down as low as we cannot just for the big businesses but the small businesses, the owner operators as well. so we're going to have those discussions going forward. i continue to push in the house for us to get below 20%, if it's possible and get the small business rates down as close to equal as we can. again, we have work to do in both of those areas. >> neil: all right. kevin brady that runs the house ways and means committee. he is saying, again, it will all b

and the in lui development fees gets us the 99 to one million dollars to fund the gap on the three hundred and thirty up affordable housing units we're working with the mayor's office of housing on a district 10 southern bay front marketing plan for all the affordable housing units not only in 42 but makes you up and down the shoreline to get the word out to the people in the neighborhood we want to apply we have a neighborhood preference program that the mayor's office of housing it administering and will apply that to the rental, building how had plays out on the site the 20 percent rental buildings will be happening where fees are paid and primary identification of where the affordable housing sites maybe all of them within walking distance to the children's playground in the plan transportation there is two large component and actually a third as well a big part of plan onsite transportation demand management which we in the planning role is toddler called tdm and forest city toward a 20 percent reduction what is expected to happen through a number of the way a transit pass program so get the people using muni and bart a sh

chinese made offers investments in the united states the white house turned down and said the problem between us is too big. we're not going to take a few billion dollarsas a way of solving this and making us look indebted to you. the other is the pressure on north korea. the white house went in and clearly said you have to put more pressure on north korea and if you don't we'll take retaliatory actions against chinese entities. whether they can do that is questionable but they seemed to have gotten something from the chinese in actions against north korea which is the biggest foreign policy challenge the president faces. >> they took the policy off the table which allowed the meeting to be set up to begin with and trump took currency manipulation off the table and they're looking for market access -- >> charlie: he is no longer talking about currency manipulation. >> and looking into market access into china that's equivalent to what the chinese have in the united states. clearly the chinese are not prepare to move. that was not near xi jingping's speaking point but they are saying we expect you to take them seriously they're increasing their nuclear

house didn't know about it. are you satisfied? >> well, unfortunately, president trump feels as if he's inherited a multitrillion dollar promotion program called the uniteds government. and if this were an isolated incident it still would need to be investigated. i have to disagree with the congressman. we don't know who ordered it or why it was ordered and the inspector general should and i'm confidence will take a look at it. but it is part of a much larger problem. it starts with the president m himself violating the constitution by accepting foreign government and federal and state cash benefits. that is not allowed. then you have the president's daughter and son-in-law. it goes on -- it is illegal. >> he's not accepting cash from foreign governments. >> congressman, he is. >> specifically what do you mean? >> he's accepting cash at his hotel at the old post office hotel and his other properties around the world. >> okay, okay. hold on. >> let me speak, please. >> you made your point. hold on. so, jack, what about that? that's a business transaction right there. >> let me say, there are legitimate questions with anybody in elected office in terms of

raised enough money to pay her 35 million dollar bail. ( mark ) it is one of the highest bail amounts ever paid in the united states. will tran is live at the court house in redwood city with the latest. will. ( will ) tiffany li pleaded not guilty to murder and directing her boyfriend and another man to kill keith green and dispose of his body. prosecutors say she feared losing custody of her children. li was arrested last year in hilsborough. people connected to her mother raised raised $million dollars in cash and pledged another $61 million in property. she must remain on house arrest with around the clock electronic monitoring until her trial in september. police say 30-year-old tiffany li is charged with murdering her ex-boyfirend keith green. her current boyfriend - kaveh bayat - and a third defendant - oliver adella - were also ordered to stand trial. green was missing for more than a month last year until his body was found down an embankment north of healdsburg. ( terisa ) thanks will. we will check back with you through out the morning. ( mark ) napa police say the man shot and killed by officers had been shooting at neighbors. it all starte

housing units. >>> the coolest new delivery option has now come to san carlos, find out how this-bottlthis robot can get to your door safely without anyone inside. >>> a secret stash, millions of dollarsve just been uncovered in a hidden account run by the uiversity of california president. >>> new at 6:00, conservative author ann coulter is considering a possible speech this weekend at uc berkeley. in a speech 15 minutes ago, she said, quote, i haven't spoken to any berkeley students about when and where i will speak because i'm still waiting for berkeley to tell me. the university hasn't announced any formal plans to make that happen, but as we reported earlier, berkeley police and officials are making plans in the event coulter does speech on thursday. >>> a report found that the office of uc president janet napolitano kept a secret budget fund of millions of dollars. >> reporter: the state auditor found that the university of california's office of the president failed to disclose $175 million it had in a special fund. where did that money come from? it was saved because uc spent less than anticipated and yet asked the state for budget increases, it also created a budget to serve

housing units. >>> the coolest new delivery option has now come to san carlos, find out how this-bottlthis robot can get to your door safely without anyone inside. >>> a secret stash, millions of dollars have just been uncovered in a hidden account run by the uiversity of california president. >>> new at 6:00, conservative author ann coulter is considering a possible speech this weekend at uc berkeley. in a speech 15 minutes ago, she said, quote, i haven't spoken to any berkeley students about when and where i will speak because i'm still waiting for berkeley to tell me. the university hasn't announced any formal plans to make that happen, but as we reported earlier, berkeley police and officials are making plans in the event coulter does do her speech on thursday. >>> a report found that the office of uc president janet napolitano kept a secret budget fund of millions of dollars. >> reporter: the state auditor found that the university of california's office of the president failed to disclose $175 million it had in a special fund. where did that money come from? it was saved because uc spent less than anticipated and yet asked the state for budget increases, it also created a budget

raised enough money to pay her 35 million dollar bail. ( mark ) it is one of the highest bail amounts ever paid in the united states. will tran is live at the court housewith the latest. will. ( will ) tiffany li pleaded not guilty to murder and directing her boyfriend and another man to kill keith green and dispose of his body. prosecutors say she feared losing custody of her children. li was arrested last year in hilsborough. people connected to her mother raised raised $million dollars in cash and pledged another $61 million in property. she must remain on house arrest with around the clock electronic monitoring until her trial in september. police say 30-year-old tiffany li is charged with murdering her ex-boyfirend keith green. her current boyfriend - kaveh bayat - and a third defendant - oliver adella - were also ordered to stand trial. green was missing for more than a month last year until his body was found down an embankment north of healdsburg. ( terisa ) thanks will. we will check back with you through out the morning. ( mark ) napa police say the man shot and killed by police had been shooting at neighbors. it all started around 2:00 tuesd

house companies into separate units -- the infrastructure, energy, storage devices, and industrial solutions businesses. toshiba is looking to sell off its profitable flash memory chip business to recover from multibillion-dollarat its westinghouse u.k. unit. two of the world's biggest health care suppliers plan to combine. one has agreed to buy the other $424 billion. the deal will create a powerhouse that could offer customers everything from syringe is to infection prevention technology. brand jimmy choo has a for sale sign over the business. the london-based company, undergoing a strategic review, says it has not received any approaches yet. the sale is being brokered by bank of america, merrill lynch, and citi, with a market capitalization of 637 million pounds. chinese president xi restraints called for on north korea in a phone call with donald trump. the u.s. and japan have begun joint naval drills in the region. spoke to shinzo abe over the weekend. the japanese prime minister made clear his support for america's stance on north korea. prime minister abe: japan-u.s. bilateral talks were just held over the phone, and i had an in-depth exchange of opinion on the north korean situation with president tru

housing system. when those two companies were bailed out, the united states government had to infuse billions of dollarsr $2 billion in credit. we have to look at how do you not only keep and protect the 30-year mortgage for home buyers without disruption or minimum disruption or get those two businesses out of -- >> i think we all have the impulse to try to privatize these institutions. but the other question is what would happen if this were just left to their own devices in the state they're in now? >> conservatorship is a legal position. theoretically i guess you can kick the can down the road as longs as you want, but in our view it really doesn't matter at this point. we can debate all we want but the players are on the field and they're starting to play the game. the administration is committed to taking them out of c conservatorship. people can sit on the sidelines or you get in the game. our view is we're going to get in the game and try to make sure as we guide this through, we don't lose those core principles that protect homeownership. but you can do it with a lot less taxpayer risk and that

united states tax dollars to u.n. global warming programs. >> i mean, the president seems pretty clear. then candidate trump seemed pretty clear on what his view was. the white house is now going to have this, like, face-off. i've got a lot of visions in my head of what it's going to look like in that room. what's changed, though? >> well, he was as unambiguous about the climate change agreement as he was about china being a currency manipulator, and not only has he reversed himself on that issue but says quite emphatically, that he hasn't, that the circumstances around him have changed. >> the issues have evolved. >> right. i didn't change, the rest of the world changed around me. >> yes. >> and that's clearly not true, but having said that, his circumstances have changed enormously, and i think, you know, we've seen this with a number of presidents, although not necessarily in quite so stark a fashion, where it's one thing to pledge drastic change on the campaign trail, it's another thing to then come into office and find yourself confronting real national security crises, multiple national security crises, but especially a situation in north korea, where he doe

house and senate. the common ground as we want those trillions of dollars to flow back to the united states sooner ratherhan later. we want to make sure we don't strain them out there in the future. very important for competitiveness. the rate and how it is used will be part of the roll up your sleeves discussions we are going to have over the coming weeks. neil: you know, these through rates, 10, 25, 35%. are you okay with those? your top rate is 33%. is it likely the higher rate and when it comes to the corporate tax rate of 15%, you were a 20%. when you make of differences? >> the rates are awfully close on the individual side. we went to get the rates down as low as we can. satisfy big businesses, the small operators as well. we'll have discussions going forward. i continue to push in the house to get below 20% as possible and get small business rate down as close to because we can. we've got some work to do in both those areas. neil: i want to pass along some steps and sources were telling me. if i'm misquoting, please let me know. you're not keen on original law coming out of the treasury departmen

dollars that could come back to the united states government. i want to talk about the border adjustment tax. it seems the trump white houses not in support of this. it goes against the gop house leadership, which does want this. secretary of treasury mnuchin says it does not work in its current form but they will have discussions and consider later on. house speaker paul ryan says they do want it. it could raise $1 trillion over the next decade to help pay for tax cuts. of what this entire bill would be over the next decade. it would cost about $6.2 trillion to the american taxpayer. yvonne: it really could explode the debt issue. but there is no border adjustment tax on this blueprint. how is the white house going to pay for these tax cuts? ramy: that is the question everyone is asking. has said in terms of the affects of this proposal and plan, it would pay for itself. that is what he is saying here. a lot of economists are raising their eyebrows saying, really, they will? tax cuts generally do not pay for themselves. it goes against an idea of dynamic scoring where people look at the long-term effects of what is happen

and the in lui development fees gets us the 99 to one million dollars to fund the gap on the three hundred and thirty up affordable housing units we're working with the mayor's office of housing on a district 10 southern bay front marketing plan for all the affordable housing units not only in 42 but makes you up and down the shoreline to get the word out to the people in the neighborhood we want to apply we have a neighborhood preference program that the mayor's office of housing it administering and will apply that to the rental, building how had plays out on the site the 20 percent rental buildings will be happening where fees are paid and primary identification of where the affordable housing sites maybe all of them within walking distance to the children's playground in the plan transportation there is two large component and actually a third as well a big part of plan onsite transportation demand management which we in the planning role is toddler called tdm and forest city toward a 20 percent reduction what is expected to happen through a number of the way a transit pass program so get the people using muni and bart a sh

house that the united states will not be interventionist. the united states would strike only one struck upon. it was yesterday the president first said in a joint news conference with the jordanian king of the dollar that he was deeply affected by the syrian military and the dictator bashar assad and his attitude toward syria changed. this afternoon just before 3:00 eastern time the secretary of state came to the cameras and informed us that the united states is working to build a coalition. a coalition to retaliate against bosch are al-assad and the syrian regime which has been carrying out this campaign which has left that more than half a million syrians dead in a civil war that stretched on for more than seven years. last night high-level white house officials came together. today members of the joint chiefs came together. the president was briefed on options and tonight is the president was meeting with the chinese leader xi jinping at his resort in the palm beaches, we got the word that the united states has launched a military attack. tomahawk missiles on syria. we are expected to hear from president trump shortly, south florida where we await word. >> i've just been told by a senior admini

export markets and with the housing market under more restrictions, that is a tightening, why not have a weaker dollar? tom: what about the idea that the president of the uniteden go after the adjacent nation to our northern border? why is he doing that? geoffrey: a matter of meeting certain campaign promises. noting that nafta has to be renegotiated in favor more of the u.s. household, u.s. jobs. he views it as a bad deal from the u.s. point of view. this is part of the process. from canada's going of you, the border tax adjustments seems to be slipping off the agenda. on a structural basis, canada will welcome that a lot more him. francine: what is your take on currencies related to oil? we heard from the saudi energy minister, not 100% sure the opec deal will be extended. geoffrey: one of the crucial things underpinning, especially the reality, also the peso, the energy linked currencies, very important. opec compliance has been strong heading into this year, surprising markets. with shale production picking up on global growth outlook, how much additional kick we can get, high currencies under increasing scrutiny. we have taken off our em basket, we do no

matter, then it's okay for the united states to owe trillions and trillions of dollars to foreign creditors, because that's what it means. stuart: you know, a split white house>> no, it's not. stuart: thanks very much indeed, stir. want to bring in herb london, welcome back. >> pleasure to be with you. stuart: we've just listened to president trump talking about dodd-frank, talking about some tax cuts, but we've seen no action. i think he's running out of time, and you say -- >> i think he's running out of time. i'm a little disappointed. frankly, i thought we'd hear something concrete. we have not. and i think that sends a message to the market. the market really is uncertain about what will happen, and it does appear as though there's a split within the white house and within the republican party that we've already seen. stuart: dow's down 100 points. do you think that's because we don't have a tax cut, we don't have a schedule? >> well, i think there are a variety of factors that account for it including the uncertainty on the world stage, what is going to happen with tillerson's discussions in russia -- stuart: you think we've got a confrontation withuss

house companies into separate units that will involve infrastructure and other operations and combined energy operations with its nuclear unit. toshiba is looking to sell off its profitable flash memory chip business to recover for multi-billion-dollarback the austerity program that cut bonuses and allowances for state employees and sparked criticism from people accustomed to gender state handouts. the government said the perks because theyled have produced the budget deficit. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. sophie: asian stocks are set for a three-week high as japanese shares lead. the nikkei continuing to rise over 1%, and the topix set for gain in at weekly month. materials and industrials falling along with defensive shares in shanghai. climbingok at the euro over 1%, although paring earlier gains, and the yen off session highs, but still around that 110 mark. take a look at the gold price, down .7%, falling the most in seven weeks given that haven plays are not seeing appetite today, and iron ore futures resuming the decline given that commodities complex pressure. theing at the bond space, two year treasury yield out of the u.s. fallin

housing for her constituents the stark realty not enough of the new construction is available for people he earning less than one thousand dollars a year i've reached two developments with the pricing data of available units the community by the uc extension site from two days ago. >> i'm sorry we're only talking about the turns. >> i understand if by the issue is truly affordable housing it is not the two competitors we're caught between our supervisor and the planning commission and the developer. >> thank you very much thank you we appreciate it. >> hi my name is suzy osborn i'm a third-generation san franciscan my husband and i have a business in district 5 and here to support the continuance of the 650 divisadero i'm an artist and i saw you at the fort mason situation i wanted to say i'm here to support neighbors unit a member of it supervisor president london breed ran for office on affordable housing and promised this development only officers 13 percent affordable housing not acceptable we need more affordable housing and so i'd like to ask for a continuance of 2a thank you. >> thank you is there any additional public comment on the items being worked out proposed go ahead. >> hello thank you for