Temperature Move Into The Low 40’s Today

WEATHER FORECAST FOR TUESDAY, FEBRUARY 13TH, 2018

TODAY – SUNSHINE THIS MORNING FOLLOWED BY CLOUDY
SKIES THIS AFTERNOON. HIGH – 43.

TONIGHT – CLOUDY SKIES DURING THE EVENING WITH
AREAS OF FOG DEVELOPING AFTER MIDNIGHT.
SLIGHT CHANCE OF A RAIN SHOWER. LOW – 36.

WEDNESDAY – FOGGY DURING THE MORNING HOURS
FOLLOWED BY OCCASIONAL SHOWERS IN
THE AFTERNOON. HIGH NEAR 50.

Stocks surge!!! Dow industrials gain 400

Markets Right Now: Stocks surge; Dow industrials gain 400
NEW YORK (AP) — The latest on developments in financial markets (all times local):
4 p.m.
Stocks are surging on Wall Street as the market claws back some of its massive losses from last week. The Dow Jones industrials climbed 400 points.
The gains Monday came after the market slumped into a ‘correction’ last week for the first time in two years.
Technology companies and banks, some of the biggest winners over the past year, rose up the most. Apple jumped 4 percent and Bank of America rose 2.6 percent.
Amazon rose 3.5 percent.
The Dow rose 410 points, or 1.7 percent, to 24,601. It was up as much as 574 points earlier.
The broader Standard & Poor’s 500, which many index funds track, rose 36 points, or 1.4 percent, to 2,656. The Nasdaq composite gained 107 points, or 1.6 percent, to 6,981.
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2 p.m.
Stocks are surging on Wall Street as the market claws back some of its massive losses last week. The Dow Jones industrials were up more than 500 points.
The gains in afternoon trading Monday came after the market slumped into a ‘correction’ for the first time in two years last week.
Technology companies and banks, some of the biggest winners on the market over the past year, are up the most. European markets also rose.
The Dow was up 488 points, or 2 percent, to 24,678. It was up as much as 548 earlier.
The broader Standard & Poor’s 500, which many index funds track, rose 43 points, or 1.7 percent, to 2,663. The Nasdaq composite gained 118 points, or 1.7 percent, to 6,992.
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11:45 a.m.
U.S. stocks are posting solid gains in midday trading as the market recovers from its worst week in two years.
Technology and industrial companies and retailers were leading the market higher Monday. Apple rose 3.3 percent, Boeing climbed 2.7 percent and Amazon also rose 2.7 percent.
European markets are also higher.
The market is coming off two weeks of steep losses that put stocks into a “correction” — a decline of 10 percent from a peak — for the first time in two years.
The Dow industrials were up 279 points, or 1.2 percent, to 24,471.
The broader Standard & Poor’s 500, which many index funds track, rose 25 points, or 1 percent, to 2,645. The Nasdaq composite gained 87 points, or 1.3 percent, to 6,962.
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9:35 a.m.
Stocks are surging in early trading on Wall Street, sending the Dow Jones industrial average up as much as 300 points.
Technology companies and banks are posting some of the biggest gains Monday. Cisco Systems rose 2.9 percent and Citigroup climbed 2 percent.
The market is coming off a turbulent week that left major indexes with their biggest weekly losses in two years.
The Dow industrials were up 270 points, or 1.1 percent, to 24,461.
The broader Standard & Poor’s 500, which many index funds track, rose 30 points, or 1.1 percent, to 2,648. The Nasdaq composite gained 74 points, or 1.1 percent, to 6,948.
Bond prices didn’t move much. The yield on the 10-year Treasury note held steady at 2.86 percent.

Name of man shot by police in Pittsburgh released!!!!

PITTSBURGH (AP) — Authorities have released the name of a man shot by a Pittsburgh police officer after officials allege he and another officer were fired upon over the weekend.
Allegheny County police said two Pittsburgh officers on foot patrol in the Homewood neighborhood shortly after 1 a.m. Sunday were fired upon by a man who emerged from behind a building. An officer returned fire then and when they found the suspect again.
Officials said the officers followed a blood trail with a police dog and found the suspect bleeding behind a home. They began CPR, but he died at a hospital. The county medical examiner’s office identified him Monday as 39-year-old Mark Daniels.
Police said a 40 caliber semi-automatic pistol was recovered and is being tested. The officers weren’t wearing body cameras.

Improving finances help Pittsburgh shed distressed status

PITTSBURGH (AP) — The city of Pittsburgh is getting out of a state program that helps financially distressed governments.
The Wolf administration said Monday that improving finances mean Pittsburgh no longer qualifies, becoming the second city and 14th municipality in the state to emerge from distressed status.
Pittsburgh was plagued by debt, pension demands and budget problems when it entered into the Municipalities Financial Recovery Act program in 2003.
At that time, the city’s credit was junk-bond status. It had spent more than it collected for at least three years and had run a 5 percent deficit for two successive years.
Democratic Gov. Tom Wolf’s secretary of community and economic development made the decision after a hearing in late December on the current status of Pittsburgh’s finances.

President Trumps budget calls for building 65 miles of wall to be built

WASHINGTON (AP) — The Latest on President Donald Trump’s proposed 2019 budget (all times local):
1:50 p.m.
The first stage of President Donald Trump’s proposed border wall in Texas’ Rio Grande Valley would be 65 miles (or 104 kilometers) long, costing an average of $24.6 million a mile. That’s according to administration budget documents for 2019.
The administration had previously disclosed the amount of money it wanted to spend on the wall but hadn’t said where it would be built or how long it would be.
Walls currently cover about one-third of the border with Mexico, and the administration wants to eventually spend up to $18 billion to extend the wall to nearly half the border. Trump has insisted Mexico pay for it; Mexico says that’s a non-starter.
The proposal sets aside $782 million to hire about 2,000 U.S. Immigration and Customs Enforcement officers and 750 more Border Patrol agents.
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1:40 p.m.
President Donald Trump’s infrastructure plan is receiving a frosty response from Democratic members of Congress.
The president’s plan would use $200 billion in federal money to leverage local and state investments. It also would change the permitting process to get projects underway more quickly.
House Minority Leader Nancy Pelosi of California says the president’s play would raise tolls on commuters, increase the burden on cities and states, and sell essential infrastructure to the whims of Wall Street.
Senate Minority Leader Chuck Schumer of New York says Trump’s plan would put unsustainable burdens on local government and calls it a “plan to appease his political allies, not to rebuild the country.”
Democrats have proposed an infrastructure plan that would entail $1 trillion in additional federal spending to jumpstart new projects around the country.
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1:25 p.m.
The Trump administration’s 2019 budget is renewing calls for repealing and replacing former President Barack Obama’s health care law. But there’s little evidence that Republican leaders have the appetite for another battle over “Obamacare.”
Repeal of the Affordable Care Act should happen “as soon as possible,” say the budget documents.
The Obama health law would be replaced with legislation modeled after an ill-fated GOP bill whose lead authors were Sens. Bill Cassidy of Louisiana and Lindsey Graham of South Carolina. The nonpartisan Congressional Budget Office said the legislation would leave millions more uninsured.
The budget calls for a program of block grants that states could use to set up their own programs for covering the uninsured.
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1:10 p.m.
Climate change research is on the Environmental Protection Agency’s chopping block.
Trump’s proposed 2019 budget calls for slashing funding for the Environmental Protection Agency by more than one third, including ending the Climate Change Research and Partnership Programs.
The president’s budget would also make deep cuts to funding for cleaning up the nation’s most polluted sites, even as EPA Administrator Scott Pruitt says that’s one of his top priorities. Trump’s budget would allocate just $762 million for the Hazardous Substance Superfund Account, a reduction of more than 30 percent.
Current spending for Superfund is down to about half of what it was in the 1990s. Despite the cut, the White House says the administration plans to “accelerate” site cleanups by bringing “more private funding to the table for redevelopment.”
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1:05 p.m.
School choice advocates will find something to cheer about in President Donald Trump’s budget for 2019.
Fulfilling a campaign promise, Trump is proposing to put “more decision-making power in the hands of parents and families” in choosing schools for their children with a $1.5 billion investment for the coming year. The budget would expand both private and public school choice.
A new Opportunity Grants program would provide money for states to give scholarships to low-income students to attend private schools, as well as expand charter schools across the nation. Charters are financed by taxpayer dollars but usually run independently of school district requirements.
The budget also calls for increased spending to expand the number of magnet schools that offer specialized instruction usually focused on specific curricula.
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12:20 p.m.
President Donald Trump’s budget for 2019 shows the administration’s concern about the threat from North Korea and its missile program.
The Pentagon is proposing to spend hundreds of millions more in 2019 on missile defense.
The budget calls for increasing the number of strategic missile interceptors from 44 to 64. The additional 20 interceptors would be based at Fort Greely, Alaska. Critics question the reliability of the interceptors, arguing that years of testing have yet to prove them effective against sophisticated threats.
The Pentagon also would invest more heavily in the ship-based Aegis system and the Army’s Patriot air and missile defense system. Both are designed to defend against missiles with ranges shorter than the intercontinental ballistic missile that is of greatest U.S. concern in the context of North Korea.
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11:30 a.m.
President Donald Trump is sending Congress a $4.4 trillion spending plan that provides a huge increase in defense spending while cutting taxes by $1.5 trillion over the next decade. The result is soaring budget deficits.
Trump’s first budget last year projected that the government would achieve a small surplus by 2027. But the new budget never gets to balance. It proposes $7.1 trillion in red ink over the next decade, basically doubling last year’s forecast.
The new plan, for the 2019 budget year, seeks increases in such areas as building the border wall and fighting the opioid epidemic. Complicating matters, Trump last week signed a $300 billion measure to boost defense and domestic spending, negating many of the cuts in his new budget plan.
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1:23 a.m.
President Donald Trump is proposing a $4 trillion-plus budget that projects a $1 trillion or so federal deficit.
Unlike the plan Trump released last year, the 2019 budget never comes close to promising a balanced federal ledger even after 10 years.
And that’s before last week’s agreement for $300 billion is added this year and next, a deal that showers both the Pentagon and domestic agencies with big budget increases.
The spending spree, along with last year’s tax cuts, has the deficit moving sharply higher with Republicans in control of Washington.
The original plan was for Trump’s new budget to slash domestic agencies even further than last year’s proposal, but instead it will land in Congress three days after he signed a two-year spending agreement that wholly rewrites both.

Congress takes on immigration issue amid election pressures.

Congress takes on immigration issue amid election pressures
By ALAN FRAM, Associated Press
WASHINGTON (AP) — The Senate begins a rare, open-ended debate on immigration and the fate of the “Dreamer” immigrants on Monday, and Republican senators say they’ll introduce President Donald Trump’s plan. Though his proposal has no chance of passage, Trump may be the most influential voice in the conversation.
If the aim is to pass a legislative solution, Trump will be a crucial and, at times, complicating player. His day-to-day turnabouts on the issues have confounded Democrats and Republicans and led some to urge the White House to minimize his role in the debate for fear he’ll say something that undermines the effort.
Yet his ultimate support will be vital if Congress is to overcome election-year pressures against compromise. No Senate deal is likely to see the light of day in the more conservative House without the president’s blessing and promise to sell compromise to his hard-line base.
Trump, thus far, has balked on that front.
“The Tuesday Trump versus the Thursday Trump, after the base gets to him,” is how Sen. Jeff Flake, R-Ariz., a proponent of compromise, describes the president and the impact conservative voters and his hard-right advisers have on him. “I don’t know how far he’ll go, but I do think he’d like to fix it.”
Senate Majority Leader Mitch McConnell, R-Ky., scheduled an initial procedural vote for Monday evening to commence debate. It is expected to succeed easily, and then the Senate will sort through proposals, perhaps for weeks.
Democrats and some Republicans say they want to help the “Dreamers,” young immigrants who have lived in the U.S. illegally since they were children and have only temporarily been protected from deportation by an Obama-era program. Trump has said he wants to aid them and has even proposed a path to citizenship for 1.8 million, but in exchange wants $25 billion for his proposed U.S.-Mexico border wall plus significant curbs to legal immigration.
McConnell agreed to the open-ended debate, a Senate rarity in recent years, after Democrats agreed to vote to end a three-day government shutdown they’d forced over the issue. They’d initially demanded a deal toward helping Dreamers, not a simple promise of votes.
To prevail, any plan will need 60 votes, meaning substantial support from both parties is mandatory. Republicans control the chamber 51-49 but GOP Sen. John McCain of Arizona has been home for weeks battling brain cancer.
Seven GOP senators said late Sunday that they will introduce Trump’s framework, which they called a reasonable compromise that has White House backing. The group includes Sens. Tom Cotton of Arkansas, John Cornyn of Texas and Iowa’s Charles Grassley.
Democrats adamantly oppose Trump’s plan, particularly its barring of legal immigrants from sponsoring their parents or siblings to live in the U.S. It has no chance of getting the 60 votes needed to survive. The plan will give GOP lawmakers a chance to stake out a position, but it could prove an embarrassment to the White House if some Republicans join Democrats and it’s rejected by a substantial margin.
Another proposal likely to surface, backed by some Republicans and many Democrats, would give Dreamers a chance at citizenship but provide no border security money or legal immigration restrictions. It too would be certain to fail.
Votes are also possible on a compromise by a small bipartisan group led by Sens. Dick Durbin, D-Ill., and Lindsey Graham, R-S.C. It would provide possible citizenship for hundreds of thousands of Dreamers, $2.7 billion for border security and some changes in legal immigration rules. McCain and Sen. Chris Coons, D-Del., would offer legal status but not necessarily citizenship, and require tougher border security without promising wall money.
Trump has rejected both proposals.
Some senators have discussed a bare-bones plan to protect Dreamers for a year in exchange for a year’s worth of security money. Flake has said he’s working on a three-year version of that.
“I still think that if we put a good bill to the president, that has the support of 65, 70 members of the Senate, that the president will accept it and the House will like it as well,” Flake told NBC’s “Meet the Press” on Sunday.
Underscoring how hard it’s been for lawmakers to find an immigration compromise, around two dozen moderates from both parties have met for weeks to seek common ground. So have the No. 2 Democratic and GOP House and Senate leaders. Neither group has come forward with a deal.
In January, Trump invited two dozen lawmakers from both parties to the White House in what became a nearly hour-long immigration negotiating session. He asked them to craft a “bill of love” and said he’d sign a solution they’d send him.
At another White House session days later, he told Durbin and Graham he was rejecting their bipartisan offer. He used a profanity to describe African nations and said he’d prefer immigrants from Norway, comments that have soured many Democrats about Trump’s intentions.
Trump made a clamp-down on immigration a staple of his 2016 presidential campaign. As president he has mixed expressions of sympathy for Dreamers with rhetoric that equate immigration with crime and drugs.
Last September he said he was ending the Deferred Action for Childhood Arrivals program, or DACA, which lets Dreamers temporarily live and work in the U.S. Trump said President Barack Obama had lacked the legal power to create DACA.
Trump gave Congress until March 5 to somehow replace it, though a federal court has forced him to continue its protections.
The court’s blunting of the deadline has made congressional action even less likely. Lawmakers rarely take difficult votes without a forcing mechanism — particularly in an election year. That has raised the prospect that the Senate debate launching Monday will largely serve to frame a larger fight over the issue on the campaign trail.