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switzerland_davos_forum_91515.jpg

Police is on guard next to the Congress Center ahead of the 47th annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Monday, January 16, 2017. (Gian Ehrenzeller/Keystone via AP)

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FILE - In this Tuesday, Jan. 10, 2017, file photo, Arkansas Gov. Asa Hutchinson, center, greets legislators before his address to a joint session 91st General Assembly at the state Capitol in Little Rock, Ark. President-elect Donald Trump and congressional Republicans have pledged to cut federal taxes to boost the economy. But some GOP-controlled states have already adopted similar strategies, only to see growth falter and budget gaps widen. "It does not take a Ph.D. in economics to know that we can't say yes to every spending need, and we should also not say yes to every tax-cut idea," Hutchinson warned late last year. (AP Photo/Brian Chilson, File)

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I'm king of the world! (Illustration by Michael Ramirez for Creators Syndicate)

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In this Tuesday, Jan. 10, 2017 photo, Chairman and CEO of Feld Entertainment, Kenneth Feld, poses for a photo, in Ellenton, Fla. Feld Entertainment, which owns The Ringling Bros. and Barnum & Bailey Circus told The Associated Press declining attendance combined with high operating costs are among the reasons for closing. Feld said when the company removed elephants from the shows in May of 2016, ticket sales declined more dramatically than expected. (AP Photo/Tamara Lush)

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In a Nov. 17, 2016 photo, a drilling team for the U.S. Geological Survey adds 40 feet of drilling rod to a rig as they drill down to bedrock to install a land subsidence-measuring instrument called an extensometer in northern Suffolk, WV. (Steve Earley/The Virginian-Pilot via AP)

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FILE - In this May 23, 2016 file photo, Johnny Depp arrives at the premiere of "Alice Through the Looking Glass" at the El Capitan Theatre, in Los Angeles. Johnny Depp is suing his former business managers alleging they mismanaged his earnings throughout his career, although the company says the actor’s spending is to blame. Depp’s lawsuit filed Friday, Jan. 13, 2017 in Los Angeles Superior Court against The Management Group seeks more than $25 million, alleging its owners failed to properly pay his taxes, made unauthorized loans and overpaid for security and other services, but the company’s attorney says the managers tried for years to control Depp’s spending. (Photo by Richard Shotwell/Invision/AP, File)

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FILE - In this April 25, 2014 file photo, Michael Lynton, chairman and CEO, Sony Pictures Entertainment, arrives at the 19th annual "Taste For A Cure" at the Beverly Wilshire Hotel, in Beverly Hills, Calif. Two years after guiding the company through an unprecedented corporate hack, Lynton is leaving the company to become the chairman of the board for Snap Inc. Sony said Friday, Jan. 13, 2017, that Lynton, a 13-year Sony veteran who led both the music and entertainment group, will stay on for six months to ensure a smooth transition as Sony Corporation's President and CEO Kazuo Hirai looks for a replacement. (Photo by Dan Steinberg/Invision/AP, File)

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FILE - In this Monday, April 1, 2013, file photo, oil covers the ground around a slide in Mayflower, Ark., days after a pipeline ruptured and spewed oil over lawns and roadways. Exxon Mobil denied claims from plaintiffs in an oil spill lawsuit that it made all information about the maintenance and repair of an oil pipeline secret. President Barack Obama's administration has scaled back new safety measures for the sprawling network of fuel pipelines that crisscross the United States after complaints from industry over the potential cost. The administration on Friday, Jan. 13, 2017, finalized new regulations for almost 200,000 miles of pipelines that transport crude oil, gasoline and other hazardous liquids. A proposed requirement for companies to immediately repair problems discovered on their lines was dropped. (AP Photo/Jeannie Nuss, File)

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This Jan. 6, 2014 photo shows a section of the Pinelands region in Lakehurst N.J. On Friday Jan. 13, 2017, four former New Jersey governors wrote to the New Jersey Pinelands Commission urging it to reject a proposed natural gas pipeline project on which the commission will soon vote. (AP Photo/Wayne Parry)

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This Jan. 6, 2014 photo shows a section of the Pinelands region in Lakehurst N.J. On Friday Jan. 13, 2017, four former New Jersey governors wrote to the New Jersey Pinelands Commission urging it to reject a proposed natural gas pipeline project on which the commission will soon vote. (AP Photo/Wayne Parry)

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pinelands_pipeline_67385.jpg

This Jan. 6, 2014 photo shows a section of the Pinelands region in Lakehurst N.J. On Friday Jan. 13, 2017, four former New Jersey governors wrote to the New Jersey Pinelands Commission urging it to reject a proposed natural gas pipeline project on which the commission will soon vote. (AP Photo/Wayne Parry)

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ADVANCE FOR RELEASE SUNDAY, JAN. 15, 2017, AND THEREAFTER- In this Dec. 8, 2016, photo, state highway engineer Chris Rogers points to some of the mechanical equipment that will be rehabilitated in a restoration of the old West Larose Vertical Lift Bridge on La. 1 in Lafourche Parish, La. (David J. Mitchell/The Advocate via AP)

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ADVANCE FOR SUNDAY, JAN. 15, 2017 - In this photo from Nov. 30, 2016 the State House is seen in Lansing, Mich. After commanding the legislative agenda for six years, Republicans say now is the time to finally enact a major tax cut for Michigan residents. The problem is it may be too late. GOP lawmakers pushing to gradually repeal the 4.25 percent personal income tax will confront some stark realities as they begin combing over state spending - namely, future budget pressures they themselves created. (AP Photo/Carlos Osorio, File)

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U.S. Attorney Barbara McQuade of the Eastern District of Michigan addresses the media, Friday, Jan. 13, 2017, in Detroit. McQuade announced that Takata Corp. has agreed to plead guilty to a single criminal charge and will pay $1 billion in fines and restitution for a years-long scheme to conceal a deadly defect in its automotive air bag inflators. (AP Photo/Carlos Osorio)

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Lockheed Martin CEO Marillyn Hewson talks to reporters in the lobby of Trump Tower in New York, Friday, Jan. 13, 2017, after a meeting with President-elect Donald Trump. (AP Photo/Evan Vucci)

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FILE - In this May 4, 2016, file photo, visitors walk by a Takata Corp. desk at an automaker's showroom in Tokyo. The Justice Department is planning to announce a criminal penalty against the Japanese air bag maker as part of its investigation into the company's defective air bag inflators. The department has scheduled a news conference Friday, Jan. 13, 2017 in Detroit to make the announcement. (AP Photo/Shizuo Kambayashi, File)

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ADVANCE FOR USE SATURDAY, JAN. 14, 2017 AND THEREAFTER - In this Nov. 30, 2016 file photo, bank teller Stacey Witte, right, waits for her next customer at Prospect Bank in Champaign, Ill. Banks used to have especially long lines when customers cashed their paychecks, but direct deposit has eliminated most of that. ATMs and now mobile and online banking have further eroded foot traffic. (Rick Danzl/The News-Gazette via AP )

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Members of the Senate Ways and Means Committee listened as Kansas Public Employees Retirement System executive director Alan Conroy, gave them a KPERS update and overview Thursday, Jan, 12, 2017, at the Capitol in Topeka. (Thad Allton/Topeka Capital-Journal via AP)

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Kansas Public Employees Retirement System executive director Alan Conroy, gives members of the Senate Ways and Means Committee a KPERS update and overview ThursdayThursday, Jan, 12, 2017, at the Capitol in Topeka. (Thad Allton/Topeka Capital-Journal via AP)

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Members of the Senate Ways and Means Committee listen as Kansas Public Employees Retirement System Executive Director Alan Conroy, gave them a KPERS update and overview Thursday, Jan, 12, 2017, at the Capitol in Topeka. (Thad Allton/Topeka Capital-Journal via AP)