Page 3 - 243 Billion News Today

Reauthorized. you could say it stops in ten years. no, it has to be reauthorized. his concern that folks will be kicked off coverage is not a concern. >> martha: lets put up the fact-check that we put together to take a look at with you tonight. $243 billion in cuts, is that number true? >> i dont have the exact total. let me say, we spend less than obamacare. we repeal the penalties, the individual mandate penalties where the federal government tells people, if you dont purchase insurance, we a...

Billion. so is it worth it? democratic strategist jessica tarloff says absolutely not. you dont thing k so? >> how could it be worth it? >> all the services that go into feeding illegals, housing illegals, rounding them up when they commit crimes, pushing them back and forth, all the jobs that tear taking. i think 66 billion would be a drop in the pocket. >> 166 billion is a very low estimate. >> i thought it was high. cbo says 243 billion. >> when you think that everyone has to get a trial, the...

The cbo earlier this year of how higher interest rates would effect deficits in the next ten years. if ten year treasury notes stay at the baseline average of 5.2%, a one year payment on just the interest on the national debt will rise from 243 billion in 2014 to a one year payment of $857 billion by 2023. now, if interest rates were to stick to their averages in the 1990s, when rates on ten year treasury notes averaged 6.7%, the additional costs would be a little over $1 trillion in 2023. but t...

Our national security and must be replaced. the house passed the bill in may that replaces the presidents dangerous defense sequester with common sense spending cuts and reforms, protecting our troops and reducing our deficit by another $243 billion. but the white house wants to make sure that if the sequester takes effect at the end of the year and there is blame going around, it isnt just directed at democrats. >> sequester was designed to be bad policy, to be onerus and its important to remem...

Other half to domestic programs. now the speaker of the house john boehner says the house passed a bill in may that replaces the presidents dangerous defense sequester with common sense spending cuts and reforms protecting our troops and reducing our deficit by another $243 billion. but, with only a few months before theyre scheduled to go into effect. president obama and senate democrats have taken no action whatsoever to averlt these cuts. one of those democrats, the chair of the senate armed ...

>> i cant understate the cuts would do to our military. they would hollow out our armed forces. >> reporter: military pay and veterans pay are exempt but some jobs are in jeopardy and some military contractors are looking to trim their staff. >> there is a requirement that employers give an advance notice. it would come ironically couple days before the election. >> reporter: chairman of the senate armed services committee says the need to compromise on plan that makes prudent spending cuts and ...

outfront 1, breaking news. americas biggest bank hosting an emergency call as its stock falls. why? jpmorgan is facing significant losses and says it took more risks than it should have. the losses to this point, the company says, to the tune of $3 billion. heres some of the things the ceo jamie diamond just said moments ago on the call. he said the trades were, quote, flawed, complex, poorly reviewed, poorly executed and poorly monitored. these were egregious mistakes and self-inflict...

-- captions by vitac -- www.vitac.com anyone cheering president obamas new stance on same-sex marriage has vice president joe biden to thank. the president himself is now confirming what many had suspected that the vice president forced the presidents hand when biden announced his support for gay marriage over the weekend and now were hearing thats a sore subject at least among some white house insiders. our chief white house correspondent jessica yellin is working the story for us. ...

Really brought it into the center of talk for most people maybe more so than politicians. i want you to take a look at what he said on his show last night, responding to senator cassidy. >> im sorry he does not understand. >> oh, i get it. i dont understand because im a talk show host, right? then help me out. which part dont i understand? is it the part where you cut $243 billion from federal healthcare assistance? am i not understanding the part where states would be allowed to let insurance c...

Done are supporting these big corporations who are paying minimum wage to the tune of $243 billion. so one would think that even the tea party would see this as an economically feasible strategy to address jobs and to lift people out of poverty, but for some reason they wont. its really very mean-spirited, i must say. and i hope that sooner or later, well see some breakthroughs this year. im very please that the president has said he is going to issue executive orders, when in fact congress wont...