541 Billion News Today

Medicaid spending, $541 billion in tax cuts for the wealthy, and then a $321 billion deficit reduction. that could work in republicans favor. >> sure. >> when you look at all of this, what comes to minds about whats really change -- comes to mind about whats really changed debate as we watch republicans take their stand, you know, mostly against or just sort of on the fence about where they are with this legislation? >> i think that a lot of people had hoped that some of the provisions in the se...

These are our families that are being impacted, so lets please get it right. >> reporter: the number of gop senators currently opposed to the legislation has grown to six, with at least three others expressing concerns, leadership can only afford to lose two votes to pass the bill. >> my state is a medicaid extension state, and so we have a lot of issues. >> reporter: the cbo report also estimates that over the decade, the senate bill would reduce the national deficit by $321 billion. largely by...

>> reporter: the number of gop senators currently opposed to the legislation has grown to six, with at least three others expressing concerns. leadership can only afford to lose two votes to pass the bill. >> my state is medicare expansion state, and so we have a lot of issues. >> reporter: the cbo report also estimates that over the decade the senate bill would reduce the national deficit by $321 billion, largely by slashing medicaid funding by $772 billion, leaving 15 million fewer americans c...

Now, the thought was to kit fat and tailer changes to highlight smaller, elite operation. many worry it has gone into the muscle and bone. cnns pentagon correspondent barbara star has more. >> good morning, chris. the pentagon was going to ask congress for 5$541 billion in spending. now theyre going to ask for just 496 billion. chuck hagel is making one thing clear. nearly 13 years of war footing is over. >> after iraq and afghanistan, we are no longer sizing the military to conduct long and lar...

Im wolf blitzer. youre in "the situation room." the pushback already is beginning against the dramatic new pentagon budget cuts proposed today. the defense secretary chuck hagel unveiled a blueprint for a leaner, more modern military that refrekts the ending of americas longest war. taxpayers would save billions of dollars. but opponents are already raising red flags about the potential cost to troops, national security and the overall economy. lets go to our pentagon correspondent barbara starr...

about the european bailout. the dow lost 276 points. the european crisis took a bit out of the u.s. markets and also took out a former u.s. firm. john corzines company mf global filed for bankruptcy today after more than $6 billion in bets on europe gone bad. it only went so far, the dow was up the best since 2002. the s&p 500s best gain since december of 1991. stocks were spooked, fitting, because it is halloween. and new jersey governor chris christie told kids to stay home. yeah, he...

cropped up. will they derail his meteoric rise. breaking news, stocks fall sharply, spooked by worries about the european bailout. the dow lost 276 points. the european crisis took a bit out of the u.s. markets and also took out a former u.s. firm. john corzines company mf global filed for bankruptcy today after more than $6 billion in bets on europe gone bad. it only went so far, the dow was up the best since 2002. the s&p 500s best gain since december of 1991. stocks were spooked, ...

im "outfront." erwinerin burnet. the dow down 276 points. europe i dont know crisis took a bit out of the u.s. markets and former goldman sachs chief and new jersey governor jon corzines company, mf global filed for bankruptcy today. after more than $6 billion in bets on europe gone bad. the spook, though, only went so far, because when you look at it over the past month, the dow industrials up more than 1,000 points for the month of october. thats 9.6%, and its the best since 2002. th...

Millionaire taxes at the state level. they had success. oregon passed one by referendum last week. its a dozen states that enacted or raised the milliontary taxes since the start of the recession. political its a popular idea. a lot of people are saying lets make the rich people pay more. there hasnt been focus on the long-term economic effects. >> these are the failing states. california, that debt is staggering. $541 billion. rhode island, little teeny state. you walk that state in a day. $8 b...

Oregon passed one by referendum last week. its a dozen states that enacted or raised the milliontary taxes since the start of the recession. political its a popular idea. a lot of people are saying lets make the rich people pay more. there hasnt been focus on the long-term economic effects. >> these are the failing states. california, that debt is staggering. $541 billion. rhode island, little teeny state. you walk that state in a day. $8 billion. michigan, 29. oregon, 11. are these the closest ...