The Federal Reserve cuts the federal funds rate by 25 basis points

This hour, Newell is joined by Guy Williams, President of Gulf Coast Bank & Trust, to discuss the Federal Reserve cutting the federal funds rate by 25 basis points, the continuing budget battle in France, a San Francisco mall losing 85% of its value, who's eligible for no tax on tips, the expiration of electric car rebates, and Spirit Airlines cutting back 25% of its flight capacity.