341 Billion News Today

I want to start with garrett haake, you are in the center of the action. Weve been hearing from lawmakers. To my ears, i dont hear any break in this gridlock. Whats your take at this hour . Reporter yeah, you with choose your own news here at this point, depending on who youre talking to. Im outside a meeting thats been going on Susan Collins office and the democrats coming out have said no comment, on made vague comments like theres been progress. Lindsey gram just left. Hes been probably the s...

Struggling with fund-raising right now. with your experience, what do you think the problem is? oh, by the way, i mean, the tax cuts are working for republicans. >> well, look, republicans traditionally have an advantage in fund-raising. the tax cuts are working because republicans have been on the air for three or four months touting the good parts of the tax cuts. not telling you the bad parts of it. >> wait a minute. people opened up their paychecks. you cant argue that theyre bigger in some ...

That gave benefits to the richest people in the country. $341 billion to real estate developers. they could have given the kids an extension on c.h.i.p. and they decided they didnt want to do it. so it comes with ill-grace for them to bring that up. >> governor, i hear you on the rhetoric. but dont both sides share the blame on that. isnt everyone using heated rhetoric and in some instances childish rhetoric that isnt progressing the negotiations. >> right. but at least the rhetoric should have ...

Powerful, china has gotten stronger, china has gotten more powerful and america has gotten weaker. >> senator rubio would say, china does business with american business, and you dont have to then transition to cuban pesos and fund the government. >> well, maybe for now, its a $341 billion trade deficit for china. no sign of slowing. if we think that the trade with china is great and it somehow is going to make china freer, and were going to have less persecution in china, were going to have a m...

Said it is fine and its going to be fine. >> reporter: it is a stretch to say it is fine everything is going swimming lee well. that is a step. ill give you three reasons why. the social security trust fund has nearly $3 trillion in it. unfortunately all the money is ious the social security tax money that you and i pay goes to the united states treasury which issues an iou to the social security trust funneled. you want to cash that money out and pay real dollars to you and i youve got to barro...

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