thank you very much for being with us robert scott so president trump newly out renegotiating phase one of the trade deal with china why is that you think what's this about is it about you know as he says china wanting to take advantage of the u.s. . no i think the troposphere looking for an opportunity to scapegoat china fluoro that the problems we've had the us he wants to find somebody else to blame for his sailed response to the global pandemic and for the historic economic collapse that we're dealing with here in the united states massive increases in unemployment collapse in g.d.p. and output now we're looking at the worst recession since the great depression in the 1930 s. here so neither china nor the u.s. can afford to restart a trade war right now. and i think that's right and frankly i think it's trump has practice trade policy by press release he's been trying to engage these kinds of twitter fights but he's really has very few exceptions a toothless tiger he puts out these press releases and then follows up with nothing from that before he even took office in 2016 he was fi

of time so we're going to have to leave it there thanks so much to all our guests gregg swenson robert scott and jeff hauser and thank you too for watching you can see the program again any time by visiting our website al-jazeera dot com and for further discussion go to our facebook page that's facebook dot com forward slash a.j. inside story you can also join the conversation on twitter our handle is at a.j. inside story for me and the whole team here bye for now. if you or. i. run into a time of spirituality reflection and gratitude raise the flags all the flags every color. al-jazeera world well how do you know how we reveals the stories behind some of the arab world songs and chants for the holy month this song touched the hearts of all arabs for ramadan songs on al-jazeera. talk to al-jazeera we ask what will force were when you saw that document for the 1st story we listen to after the war saying you'll hear opinions go build united states of you but we will not be with you we meet with global news makers and talk about the stories that matter on how does iraq 'd. slogan peace it will

of time so we're going to have to leave it there thanks so much to all our guests gregg swenson robert scott and jeff hauser and thank you too for watching you can see the program again any time by visiting our website al-jazeera dot com and for further discussion go to our facebook page that's facebook dot com forward slash a.j. inside story you can also join the conversation on twitter our handle is at a.j. inside story for me and the whole team here bye for now. may on al-jazeera has covered 19 infects millions and triggers a global economic crisis we'll bring you the latest developments from around the world. out as her world flexion of the best network documentaries includes the story of unsung egyptian composer and musician alice my despite the coronavirus pandemic poland presses ahead with presidential elections by hosting the emmy award winning phone lines is back investigating the united states and its role in the world and in the u.s. election primaries presumptive democratic nominee joe biden strives to reach the official delegate threshold may on al jazeera. the time had come for

of time so we're going to have to leave it there thanks so much to all our guests gregg swenson robert scott and jeff hauser and thank you too for watching you can see the program again any time by visiting our website al-jazeera dot com and for further discussion go to our facebook page that's facebook dot com forward slash a.j. inside story you can also join the conversation on twitter our handle is at a.j. inside story for me and the whole team here bye for now. the stories of abuse in aged care homes in the west to shock the world but there's nonsmokers one who when he speaks those sending elderly loved ones to thailand to live out their dogs on al-jazeera. he had it all. the fashion the success and the popularity. and then he gave it all up. for the love of his homeland and. football rebels delves into the realm of footballing legend rashid look through free. to fool the algerian national liberation front with his feet rashid makushi and the f.l.n. team on al-jazeera. talk to al-jazeera we want your thoughts were when you saw that document for the 1st story we listen to after the war sa

ok let's talk to robert scott he works at the economic policy institute he joins us from potomac maryland just outside washington robert great to talk to you again what's your reading of these comments from donald trump yes i have quote yes i have twice when he was asked in that news conference whether he has confidence that he's seen information or he is aware of the factual accuracy surrounding the information viz of where the virus originated. unfortunately the president is looking for a scapegoat mistakes you want somebody else to blame for the now $60000.00 plus deaths that we've experienced in the united states is certainly true there's plenty of blame to go around the chinese dithered the covered up they didn't they don't want to acknowledge what was going on at 1st but take us serious after a few weeks very similar in many ways to the united states where the president denied and promised that he was going to suppress the virus and didn't respond for 6 or 8 weeks until it was too late now we've had the pandemic spread all over the united states the hardest hit country in the world

who charlie mcglone will economy robert scott it's very good to get your insight and thanks so much for joining us from maryland in the u.s. thanks. canadian court has ruled the u.s. extradition case of the war weighed chief financial officer main one joe can proceed the judge said it met the standard for so-called double criminality meaning the u.s. charges are also crimes in canada is a huge blow to the tech giant which had hoped to drop the case and bringing back to china the u.s. wants me to on charges of bank fraud and misleading and major bank of war ways dealings with iran and she was arrested in vancouver in 2018 at the request of the united states. and the u.s. has become the 1st country in the world to record 100000 deaths from corona virus the total number of infections in the u.s. is just shy of $1700000.00 but it's still loosening restrictions aimed at stopping the pandemic as kristen silly me reports. the beginning of summer in the u.s. and a cautious reopening of beaches along the popular new jersey shore in new york city parks sun seekers are kept apart with circles on t

all right apologies we seem to have lost our connection with robert scott in maryland but we'll tell you about what's coming up on the al-jazeera news hour in just a moment and it's the race to road open the world's most popular tourist attractions but will people go on holiday during a pandemic. and too much too soon warnings of a 2nd wave of corona virus infections spindle and allows people to return to work. hello there has some very heavy rain push across southern areas of europe over the last a day or 2 you can see here on the satellite. seen plenty of cloud and this has been bringing more very heavy amounts of rain and just look at this this is what the rain has done. this is actually about 5 days rain a consecutive days but totaling about $145.00 millimeters so perhaps not surprising scenes like this but also trees are come down the winds were pretty strong at times as well and you can see by day even that the rain is still very much of the water should say still very much on the streets now to some more rain in the forecast and i'd imagine no rain is really welcome but not as

popularity computer game developers giving a platform to artists as well and spring you as robert robert scott showcased the brand he was tracked live in fort myers a hugely popular multiplayer game. is the big moment given recent hip hop fans have been waiting for you would virtual travel scott says it's a multiplayer game for us to perform live in for the more than 12000000 players the largest crowd ever to attend a virtual concert like this. the gaming the music industry's crossover the tracks to try to get groups in one many games now feature cool soundtracks unique dance moves and virtual in game concerts because china i'm just someone with. streaming platforms like apple music these and spotify dominate the music market today raking in huge sums of money and only a tiny fraction of that goes to the artists on some platforms they earn less than $1.00 cent per stream to make a decent living they need hundreds of thousands of plays for example an artist would be $80000.00 plays on the napster streaming path from just to the u.s. national minimum wage roughly 1400 u.s. $1.20 players would be

i want to thank robert mcnamara and scott nelson, and let us end with the inspiring words of brandeis. if we govern by the light of reason, we must let our minds be bold. robert mcnamara, scott nelson, thank you so much for joining. thank you c-span to put -- they pledged to support. you can watch live coverage of sex week's supreme court oral argument by teleconference on the season network, >> earlier today at the white house, secretary mnuchin stopped by to speak with reporters. the first question was about members of the coronavirus task force being in self pointing while efforts were underway to reopen businesses in some states. here is that now. sec. mnuchin: i don't think it changes the push to go back to work in any way. we have been consistent and the president has been consistent barely want to open the economy way.clear and economic there are some parts of the country where that would be getler and when people do people get exposed to the virus they should self-quarantine and protect others from getting it -- getting it. --does it with a worker in at risk? sec. mnuchin: one

i want to thank robert mcnamara and scott nelson, and let us end with the inspiring words of brandeis. if we govern by the light of reason, we must let our minds be bold. robert mcnamara, scott nelson, thank you so much for joining. thank you c-span the chaplain: let us pray. eternal god, we continue to depend on you to fulfill your purposes for our lives. you have told us that your purpose for us is that we live for your glory. as our lawmakers strive to do your will, bringing honor to your name,

robert scott, are you still with us? apologies.seem to have lost our connection with robert scott in maryland. we will tell you about what is coming up in the newshour. it is a race to open the world's most popular tourist attractions but will people go on holiday during a pandemic? too much, too soon?/ warning that the second wave of coronavirus infections as people return to work. ♪ ♪ >> h hello. some very heavy rain across southern areas of europe that will last a day or two. you can see on the satellite, some clouds s and this has b ben bringing more veryry heavy amous of rain. this is what the rain has done into milan. this is about five days rain, consecutive days but totalingng about 145 millimeters. perhaps not s surprising scenes like this. winds pretty strong at times as well. the rain is still very much on the streets. more rain in the forecast. i imagine no rain is really welcome but not as heavy as we have seen. ofential in eastern areas spain and across much of european it got a fair amount and temperature still on th

i want to thank robert mcnamara and scott nelson, and let us end with the inspiring words of brandeis. if we govern by the light of reason, we must let our minds be bold. robert mcnamara, scott nelson, thank you so much for joining. thank you c-span viewers, and look forward to seeing you next week. bye. [captions copyright national cable satellite corp. 2020] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] announcer: a number of cases coming before the supreme court makes week. on monday, whether states can prosecute native americans for crimes committed on tribal lands. and whether parochial schools are exempt from federal discover nation law, giving them more leeway to fire lake teachers. -- fire lake teachers. on tuesday they will deal with president trump's financial records. wednesday is another day of combined cases, this time with the states can act against electoral college delegate who failed to vote for the president to candidate they pledged to support. you can watch live coverage of n

we take it seriously that the reproduction rate has increased again the robert scott institute said it will monitor the situation we cannot conclude that we are dealing with an art of control outbreak what did get out of control at the weekend were demonstrations in cities across germany against the remaining coronavirus restrictions that remain in place. i. i. i. i. i. the demonstrators have been made up of a disparate group mixing a whole host of fringe and extreme organizations on the far right and left of politics with conspiracy theorists and academics worried about the economic implications of corona restrictions. what our governments have been doing since 15 april which is now weeks ago is not you it's a public health concern what is being done here reminds me of that you know from the cinema the hunger games and i see this lockdown as the staging of hunger games every day germany new tributes and brawls rest senseless lockdown in which every day for the hundreds of businesses go bankrupt and the jobs that are lost angle merkel spokesman said that the high levels of aggression s

earlier i spoke to robert scott he works at the u.s. based economic policy institute he says it is clear what president trump is doing. well unfortunately the president is looking for a scapegoat mistakes you want somebody else you can blame for the now $60000.00 plus deaths that we've experienced in the united states it's certainly true there's plenty of blame to go around the chinese dithered the covered up they didn't they didn't want to acknowledge what was going on at 1st but they got serious after a few weeks very similar in many ways to the united states where the president denied and promises he was going to suppress the virus and didn't respond for 6 or 8 weeks until it was too late now we've had to bring the the endemic spread all 'd over the united states and the hardest hit country in the world i think it's got everything to do with the election in the fall and the president is pulling out all the stops to try and get the economy going again and he knows that to his his best calling card for the election was the strong state

robert scott as a senior international economist at the economic policy institute he says china may find it difficult to live up to its commitments under the trade deal in the aftermath of the pandemic. to china is going to find it problematic to increase purchases of u.s. goods by $200000000000.00 over the next 2 years that's. going to be difficult in any case but now with the global economy collapse. there's just not evidence is good enough demand in china to purchase that many u.s. goods and they certainly don't want to do anything abers to trump either they resent all of his threats and cajoling he's practiced ministration one thing he has done that's been moderately effective munch on china trade is to impose tariffs on about half of what we import import they've been costly but they've had some impact on trade the larger problem is this deal failed to address the fundamental causes of the growing u.s. trade deficit with china which is a serious problem it's cost us millions of jobs in the us china's massive subsidies massive excess capacity and it's decades of currency manipulation

robert scott is a senior international economist at the economic policy institute in washington d.c. he says the fallout may not affect china's strategic goals in the region but could derail u.s. operations and home call i think is why it worries u.s. investors particularly the banks they may have to move their operations elsewhere in the region they may have less easy access to china for example they have to work from singapore instead of from hong kong i think this is part of china's larger plan in its 2025 programmes. indigenization a taking over chinese operation of many of the foreign operations that they've relied on the past to build up their economy china is now a very large and very wealthy country and they're using that wealth and they feel they no longer need to rely on one foreign investors as much as perfectly happy to elect a foreign capital migrate around the region as long as it remains the controlling hand. that is you know the puppet master moving the strings in the background and it's tremendous wealth its resources to this china sitting on a on a pool of foreign c

we are now lucky enough to be joined by scott nelson and robert mcnamara. nelson filed the brief in support of the president of the united states who is a petitioner in the second case we which is bar versus american association of political consultants. he filed his brief on behalf of public citizen in the public foundation. scott nelson is an attorney at the public citizen litigation group in washington. he's been there since 2001. he is a former lawyer for justice byron white on the u.s. supreme court and we are honored to have them today. is senioramara attorney with the institute for justice and he has filed a brief in support of the state of pennsylvania who is the respondent on behalf of the institute for justice. since 2006 with them and litigates constitutional cases to protect free speech, property rights and economic liberty and we are honored to have him as well. thank you so much for joining us. >> thanks for having me. >> thanks. with the basic argument in this case about robo calls. there was a great moment in the case were justice breyer dro

wind feel scott, andrew jackson grant, sherman, sheridan, george meade, robert e. lee this was the heritage of american leadership in world war ii, they would not and could not fail. the one and only goal was victory. from the private, to four star generals, these were the outpourings of america's greatest resource. democracy in action. our dream that their forefathers had fought for, and made a reality, and of which these their sons, were fighting to preserve. or but even admit admits, the tensions of war, some battle weary men found some moments of relaxation. but when they fought, they fought to win. there's was a sublime dedication. there's was a glory the world would not soon forget. while the fighting was continuing in north africa, president roosevelt, and prime minister churchill met in casablanca to consider further strategical moves. invade sicily and italy efforts opportunity, counter attacks against hitler, and a bomber offensive against germany, preparing for a major offensive also in the pacific. nothing short of unconditional surrender for our enemy.

scott. andrew jackson. grant. sherman. sheridan. g. meade. robert e lee. john j pershing.ican military leadership in world war ii heritage that could not and , a would not fail. their one and only goal -- victory. ♪ [epic music] from buck privates to four star generals, these were the prices outpouring's of america's greatest resource, the product of more than a century and a half of freedom and democracy in action. the dream that their forefathers had fought for and made a reality, and which these, their sons, or fighting to preserve. but even amidst the attention of war, there were precious hours of respite in which battle weary men found rest and relaxation, and brief moments of humor. but when they fought, they fought to win. eirs was a sublime dedication. theirs was a glory the world would not soon forget. while the fighting was continuing in north africa, president roosevelt and prime minister churchill met in casablanca to determine further strategical moves. they agreed on four points, invade sicily, prepare counter attacks against hitler's submarines, and a bomber

possessed the indomitable spirit and genius of washington, wenfield scott, andrew jackson, grant, sherman, sheridan, george g. mead, robert pershing. this was the heritage of american military leadership in world war ii, a heritage they could not and would not fail. their one and only goal, victory. from buck privates to four-star generals, these were the priceless outpouring of america's greatest resource, the product of more than a century and a half of freedom, of democracy in action, of a great dream that their forefathers had fought for and made a reality, and which these, their sons, were fighting to preserve. but even amidst the tensions of war, there were precious hours of respite in which battle-weary men found rest and relaxation and briefly moments of humor. but when they fought, they fought to win. theirs was a sublime dedication. theirs was a glory the world would not soon forget. while the fighting was continuing in north africa, president roosevelt and prime minister churchill met at casablanca to determine further strategical moves. they agreed on four major points -- invade sicily and italy at the first o

robert o'brien. the federal reserve's eric rosengren. and former f.d.a. commissioner scott gottlieb. somber news on this memorial day weekend at dover air force basedover air force base in delaware. the remains of first lieutenant trevarius bowman returned home in a dignified transfer. lieutenant bowman, from spartanburg, south carolina. he died earlier this week in afghanistan after being killed in what thy descris as a noncombat incident. trevarius bowman was 25 years old severe weather is storming across parts of the country. some damage was reported but no injuries. in texas last night, a tornado rimed through the town of bouie. damage was heavy but there was no serious injury. tonight, nasa is counting down to wednesday's historic launch of a spacex rocket carrying two astronauts to the international space station. they will soar from the same pad where the last shuttle of the launched in 2011. today, the astronauts headed out to the pad for a final run-through for a mission that marks a new chapter in special space flight. cbs' mark strassmann has more. >> reporter: robert behn

and when scott says something that's gospel for robert e. lee. so lee has to think, all right, if i go with virginia then there won't be a war and i will be able to secure the arlington property for my children, and that can be passed on. i think he has a very concrete idea of what is at stake, and a lot of it is bound up with what is going to happen to those properties and how he can secure them. so he makes the decision that is in very large measure conditioned by what is the future of his family going to be. he's thinking of his family here. he's not thinking of himself because he's not going to profit from this. when he talks about i can't raise my hand against my family he's not talking metaphorically. it's not a piece of rhetoric. i think he's really got something very material in view. how can i keep from having happen to my family what happened to my father and stratford? >> all right, we're going to continue with our treason theme. this is if jefferson davis' treason trial had been pressed by the north or by the united states you think i

this is what scott has been saying to people, and when scott says something, that is gospel for robert e. lee. so we have to think, all right, if i go with virginia, there will not be a war and i will be able to secure the arlington property for my children, and that can be passed on. i think he has a very concrete idea of what is at stake, and a lot of it is bound up with what is going to happen to those properties and how we can secure them. so he makes the decision, i think it is in large measure conditioned by what is the future of the family going to be. he is not thinking of himself, he will not profit off of this. gary: he mentioned his family continuously. allen: when he talks about, i cannot raise my hand against my family, it is not rhetorically, i think it is something material in view. how can i keep from having happen to my family what happened to my father at stratford? gary: okay, we will continue with our treason theme. this is, if jefferson davis'treason trial had been appealed, do you think it would been appealed to the supreme court? jefferson davis spent about two y

robert harris. i am from cornell university. i would like to say on emits scott's book, i also thought of emmet scott as being very conservative but he does not pull any punches in his study of black soldiers and world war one. two questions, number one, i wish you would speak a little bit about the military directive that united states army circulated during world war one cautioning, especially the french, from fraternizing with african american soldiers. can you comment a little bit about that? secondly, what do you mean by modern black identity? i did speak a little bit about the new negro movement, but could you expand about modern black identity? >> we have five minutes, which should be a piece of cake. gentlemen, do you want to do meeting making or identity? >> i will do the three of them in five minutes. first of all, that is what a philip ran dolphin -- always say this. a philip randall was 28 years old when he stepped onto the stone age and challenged a sitting president. he was also the guy that planned the first marshal washington. he did not have to do

robert harris. i'm professor from cornell university and i'd like to say on emmitt scott's book, i also thought of emmittcott as being very conservative. he doesn't pull any punches in his study of black soldiers in world war i. >> that's right. >> two questions. number one, i wish you would speak a little bit about the military directive that the united states army circulated during world war i cautioning especially the french from fraternizing with african-american soldiers. talk about that. secondly, what do you mean by modern black identity? you did speak a little bit about the new negro movement. could you expand a little bit about modern black identity? >> okay. >> and just think, we have all five minutes. that should be a piece of cake for these two gentlemen. do you want to do meaning making or identity first? >> i'll do them in five minutes. stay informed. and speak out. that's what a. philip randolph and dubois was doing in different ways. i always say this a. philip randolph is 28 years old when he stepped on to the stage and challenged a sitting president. he was also the guy that planned the

. >> my name is robert harris, professor emeritus from cornell university. and i'd like to say on emmett scott's book, i also thought of emmett scott as being very conservative but he doesn't pull any punches in his study of black soldiers in world war i. two questions, number one, i wish you'd speak a little bit about the military directive that the united states army circulated during world war i, cautioning, especially the french, from fraternizing with african-american soldiers. what do you mean by modern black identity. could you expand on that? >> just think, we have all of five minutes. this should be a piece of cake for these two gentlemen. do you want to do meaning making or identity first? >> well, i'll do the three of them in five minutes. first of all, stay informed. and speak out. because that's what a. phillip randolph and w.e.b.d ubois were doing. a. phillip randolph was 28 years old when he stepped onto the stage and challenged a sitting president. he was also the guy that planned a first march on washington in 1940. did not have to do that march because he got what he wanted. 19

the dred scott decision came out two days later on march 6. who swears in buchanan? the chief justice robert g tawny. they are seen whispering on the podium, and republican wags have said ever since that tawny was telling buchanan, do not worry about slavery. i have got it covered. there is some truth to that because buchanon wrote letters to two justices getting them to make sure that they were going to vote against dred scott in the election. there was some collusion. but that sounds like the conversation they might've had during buchanan's inauguration. >> i am not good on dates. so, help me. how does missouri deciding not to secede fit in with the missouri compromise and missouri and maine? dr. pitcaithley: that was 1820. a long time before. the trade-off was, congress wanted the senate to make sure there was a northern state and the southern state and that balance never got out of whack. in 1819 when missouri petition to become a state, it would have upset the apple cart and part of the missouri compromise is will -- we'll let missouri come in as a slave state and maine as a free state.

scott they are to talk about another story. let's go back to chief white house correspondent john roberts whose live on the north lawn. said that we would get back to you if we had any developments but this was not the develop meant i anticipated. yesterday the justice department said they would not release the names and that that document belongs to the director of national intelligence so now he has decided to release the names and, joe biden is on the list? >> they actually came off of capitol hill. we have a list of 39 names in these documents that were handed over to the department of justice by the acting dni ric grenell which included people who may have received information about the unmasking of general flynn. it's not to say that they did it, but they possibly could have. there were a request that was put in by 16 authorized individuals for the unmasking. but among the people who may, and again i must stress, may have seen their information regarding michael flynn, the u.s. ambassador to united nations samantha power who had put in an inordinate amount of requests for unmasking, so many it's a price even her

robert langston, 18, likely still buried on the field today. and of course, you see this beautiful painting by julian scottso that brings me to the conclusion, the aftermath. in 14 hours, and a driving rainstorm, you have 70,000 young men trying to kill each other. this produces 4,000 killed, wounded, and missing in one day in 14 hours, and a driving rainstorm. george washington and his continental army, through the entire duration of the american revolution will lose 4435 men

robert langston, 18, likely still buried on the field today. and of course, you see this beautiful painting by julian scott. so that brings me to the conclusion, the aftermath. in 14 hours, and a driving rainstorm, you have 70,000 young men trying to kill each other. this produces 4,000 killed, wounded, and missing in one day in 14 hours, and a driving rainstorm. george washington and his continental army, through the entire duration of the american revolution will lose 4435 men killed in action, and yet one day at williamsburg 80 years later, volunteer soldiers will do that. that is morbidly impressive. the first confederate battle flag of the war is captured here. seven medals of honor are issued for meritorious actions, including robert brody, 26 years old, from the 40th north carolina. other men carry their wounds with them. powhatan bowling little on the right-hand side will be wounded in the right leg and return to action in malvern hill, where he would lose an arm, and he argued to go back into the fight. mcclellan would telegraph lincoln, "hancock was superb today." so this brings us to kerfuffles.

mcmillon is here totalk about business united airlines new ceo scott kirby will share his strategy to steer the airline out of this crisis and then robertn will talk about jerome powell's testimony yesterday. "squawk box" will be right back. >>> breaking news, futures pointing to a strong gain at the open after stocks lost a lot of of steam into yesterday's close. results from some of america's biggest retailers. we got the biggest and exclusive interview with walmart ceo new era at united. one of the toughest stretches for the the airlines industry. scott kirby takes over today as ceo. we speak to him exclusively. what else does the federal reserve have up its slooef eeve fight the coronavirus. we'll ask robert kaplan in another exclusive interview. the final hour of "squawk box" begins right now >>> good morning i'm joe kernen along with becky quick and andrew ross sorkin futures are up 300 where we've been parked most of the morning. let's get right to the interview of the hour. walmart latest earnings out yesterday showing, becky -- i was going to read the story. but you go anyway, go ahead >> joe, thanks as joe mentioned those earn

scotts yard. >>> developing this morning, three members of the white house covid-19 task force are now under self-quarantine. we're talking about dr. anthony fauci, of course, the cdc director, dr. robertda commissioner stephen hahn. they are quarantining after possible exposure to the virus. >> and two staffers at the white house tested positive the last few days. joining now is a political insider. how closely were the staffers working with the president and the vice president? does this mean that pence and trump should be quarantining? >> yeah. it's a really tricky situation. certainly, it's very high-risk because of the two white house staffers, the vice president's press secretary, and also the oval office valet, who tested positive. it's very plausible they had close contact with the president, herb especially over last few weeks. it's gets more positive when you add to the fact that someone positive for the coronavirus may not test positive until a few days after they've been infected. it's difficult to know how prolonged the contact was. exactly how closely they were working with the president and whether the president and the vice president and other critical members of the we

robert frank tells us why property tax revenue due in june could be a painful shock to the city's finances. >>> and a programming note united airlines incoming ceo scotty will join us tomorrow at 8:30 a.m. eastern on his first day in the new job ok fwaloorrd to that "squawk box" will be right back. >>> new york city relies on property taxes for its revenue, but with a lot of uncertainty around, residential and commercial real estate right now that source of money is coming under quite a bit of pressure. robert frank joins us with more. hey, robert. >> reporter: good morning, joe new york city already looking at a $3 billion deficit could rise to 9 billion by next year it could get worse from a drop in tax revenues from offices and commercial space property taxes are now the largest source of tax revenue for new york city accounting for almost half of all of tax revenue. that's twice as much as the next big revenue razor. that's the income tax. even though the bulk of manhattan's real estate is residential, it's the commercial space that pays the bill because of the higher rates. the average tax bill for commercial space has more than doubled since 200