Weather is the lead this Monday again. Chicago has seen one and a half feet of snow. It's the sixth worst storm in Chicago history. Boston expecting as much as 16 inches. New York State expecting 6-14 inches as well. More than 4000 flights already cancelled, and schools are closed in many states. Garrett Tenney is in Chicago. Molly Line reporting from Boston. Eric Shawn and Rick Leventhal are reporting in New York and of course we have Maria Molina and Janice Dean in the Fox Extreme Weather Center.
President Obama sending Congress a $4 trillion budget today that is sure to be a source of friction with the new Congress. The President wants to expand funding for the military, give government workers a raise, and ramp up spending on domestic programs. The President is proposing a massive $478 billion dollars for infrastructure programs including repairing bridges, roads and ports. It would also hit the rich, and corporations keeping profits overseas.
8 Federal agencies issue reviews of the Keystone Pipeline. Congress has passed a bill supporting the pipeline, but the President has promised to veto it.
Stocks had a bad day Friday, but so far today the futures are higher. We get reads on manufacturing and construction today, and an earnings report from Exxon Mobil.
Fight in Ukraine getting worse. 5 Ukrainian soldiers killed. There's reporting this weekend the U.S. is considering arming the rebels.
The U.N. weather agency says 2014 was one of the warmest years ever.. essentially tied with 2005 and 2010. 14 of the 15 hottest years were recorded this century.
The Patriots won the Super Bowl, but the ads are causing the real water cooler talk today!
Groundhog day! Punxsutawney Phil came out of his lair and saw his shadow which means six more weeks of Winter!
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