462 Billion News Today

Well look at some president ial errors. Also, unreal and overoptimistic. For the nhs and Welfare State if britain leaves the eu without a trade deal. Thats the opinion of the former Prime Minister sirjohn major. And the greek economic crisis it goes from bad to worse, well speak to the former greek Finance Minister yanis va roufakis. Im katty kay in washington christian frasers in london. Big increases in Defence Spending offset by cuts to domestic agencies and the State Department thats what Pr...

Buying online. those are some ways to help you save money today and tomorrow. >> its been a solid year for the economy. weve seen the economy growing very strong increase in jobs, all sorts of wonderful good news. consumer confidence is up. is that going to play a big role when we look back this year? >> consumer confidence is at a 17% high. american saving rate is very low and thats seen as an optimistic sign in the economy. in november $462 billion was the household saving rate. it sounds high...

Of his speech tomorrow night to a joint session of congress. good evening to you, sandra. the president announcing this morning of the national governors association at his intent is to ask congress for an additional $50 billion in funding for the department of defense. that would put the total budget for the dod at 603 million and the rest is the discretionary budget, this is for spreading outside of medicare and social security and medicaid. about $462 billion. it really means that he has to s...

Tation care of vets and increasing school choice. it is all of that without adding to the currently projected fy 2018 deficit. the top line defense discretionary number is $ -- a $54 billion increase. its also the number that allows the president to keep his promise to undo the military sequester. the top line nondefense number will be $462 billion. the president is keeping his promise. he has been doing exactly what he said he was going to do. it reduces money that we give to other nations. it ...

Care of vets and increasing school choice. all of that without adding to the currently projected fy 2018 deficit. the top line defense discretionary number is $603 billion, thats a $54 billion increase, its also the number that allows the president to keep his promise to undue the military sequester. the top line nondefense number will be $462 billion, thats a $54 billion savings. its the largest proposed reduction since the early years of the reagan administration. the reductions in nondefense ...

Were becoming greece. >> the country will burn. you know what the u.s. did not become? greece. you know why we did not become greece? because we are not greece. its a tiny economy that doesnt control its own currency and cant raise taxes on its people because they wont collect. we are the languagest economy the world has ever known. we control our own currency. you know what that currency is? the dollar. the currency the rest of the world relies on. were not part of the euro, which is at the cor...

Trillion in debt that puts us on a path to becoming greece. the countrys going to burn. >> whats calamitous is that were becoming greece. >> the country will burn. you know what the u.s. did not become? greece. you know why we did not become greece? because we are not greece. its a tiny economy that doesnt control its own currency and cant raise taxes on its people because they wont collect. we are the largest economy the world has ever known. we control our own currency. you know what that curr...

The president has to give and go to thenate bill for 20% tax and gain and dividends. the next place and big one is how you deal with deductions then, reforming that. my idea is capping all of them at 28%. let the deductions stay the same. take deductions but you cant lower tax rate below 28%. no matter how many you take. decent idea. top tier. democrats might go for it. >> this isnt an attempt to get more revenue. if you raise top rates back to where they were under clinton you can get $462 bill...

Building on the savings that both parties agree to last week. that step alone will save us $750 billion over 12 years. >> well, there is a little bit fuzzy about that math. here is why. $38.5 billion times 12 comes out to only $462 billion. im not sure how mr. obama came up with $750 billion. fuzzy math i guess. number two, cut defense. the president applauded $450 billion in defense cuts in the last couple years and said he can make the savings again. do i need to remind you about libya, iraq, ...

$462 billion. not 750! he doubled it. peter, im trying to figure out how we save a trillion dollars in obama care? >> is there a back up? do we see anything? >> there is nothing! its just numbers. the closing tax loopholes, itemized deductions, a trillion dollars? these numbers are all smoke and mirrors. there is nothing concrete. the only one was defense spending cuts. thats the only one. by the way, three wars, taliban, al-qaeda want to kill us, is that the time to cut the spend not guilty def...