Page 63 - 5 News Today

In north korea. the iranians technicians have seen the north korea nuclear detonations. they have been there. so the two regimes are joined at the hip. irans supposed to pay north korea something like $2.5-$3 billion a year for various forms of cooperation. that is an indication that the two nations the two regimes are so close together. >> jason: general tata, i want to ask you quickly, i have to go around the horn because i have to wrap up here. what is the effect in syria? you see a lot of ac...

Says, his documents is inaccurate. and for once michael cohen is right. the documents that stormy daniels lawyer, michael avenatti presented to us on this program last night showing $4.5 milli $4.5 million going into and out of the llc that michael cohen created in order to pay stormy daniels $130,000 to keep her quiet, those documents contain some minor inaccuracies that michael cohen has been owning up to as soon as they were discovered. sitting here last night michael avenatti described $4,42...

Not paying for it, thanks. >> the president said the total amount would be $1.5 to 1.7 trillion. the federal share would be about $200 million. seed money to be get to statements and local authorities in the form of grants or loans. theyre pointing some programs like a infrastructure transportation program. theres no question, we see it here in washington d.c. where we have a toll road all the way up to dulles airport, highway 66 was just turned into a toll road during the peak traffic periods. ...

>> yeah. well, look, one of the differences is that president obama took office in the midst of an epic economic crisis. and most economists other than very i hdeological ones agreed there needed to be a jolt to the economy in order to keep the economy from slipping into a depression. and sow supported a stimulus bill, the recovery act to get that done. and there was a great deal of -- on the republican sidest aisle about that. even though it was clearly necessary. now we are in better times and...

Mistake. the president making light of it. he was reminding folks, look whats been happening in the markets and the economy and look at this $5.5 trillion in tax cuts. we wonder where he got that figure. thats the gross total of tax cuts offset by about $4 trillion in revenue raisers. you get the $1.5 tax cut cost. it began in $5.5 trillion and the number raises to offset that prompted all of this. anyway, back with my guests, katie, did the president make good on just forcing that point across?...

Sixth nuclear test since 2006. it tested 15 missiles last year alone. right now, experts believe north korea has between 30 and 60 nuclear warheads. the u.s. has about 6,800 warheads, almost 3,000 of them are retired. north koreas got a military budget estimated at around $7.5 bm. the u.s. spent about $611 billion on the military last year alone. kelly cobiella is here to join me now. kelly, it seems like it was just a short time ago that president trump tweeted in part, quote, rocket man now wa...

About this new tax -- the tax law? >> well, i actually kind of hope the president has his one day of celebration because all the rest of the news forward is going to be bad. this is giving away $1.5 to $2 trillion for no reason at a time we absolutely cant afford. the next moment were going to look around, and then were going to talk about infrastructure, where amtrak is literally going off the rails all the time now, and there will be no money. then theyll say, well, state and local government ...

>> all right. okay. government headed for $1 trillion deficit. now, kids, and i do mean kids, it gets worse, because this tax bill will take $1.5 to $2 trillion. regardless of what demagogues in the white house and both sides of the aisle tell you, medicare, medicaid j is going to consume every dime that goes washington takes in, and then you add the interest on the debt, and then suddenly we dont have money for anything else. guess what. if youre 20, if youre 25, even if youre 30, good luck whe...

Where i am in a couple of hours, well be voting the final way to send it 1600 pennsylvania avenue. >> so, im not sure how you split. when i came in we highway group of conservatives in 94 that were obsessed on tax cuts and a group that were more obsessed on balancing the budget and keeping the federal debt down. i love tax cuts, i was always one of those debt guys. >> i know you were. >> obviously, i see this bill, im worried about the $1.5 to $ trillion additional debt, worried about medicare g...

I dont believe it. we will see. we can do nothing and let growth and economy stay at 1%-1.5%, or we can cut corporate tax rates, and thats whats happening with the market. businesses are realizing, they will be able to invest more, stay here, have companies coming from overseas there were leaving because our tax rate was too high. again, lets see what happens. it is easy to judge and you cannot line up 100 economists and some say it will be great and some say it will be bad. in the end, well fin...