549 Billion News Today

there and even though he missed he had this huge grin. its all act your attitude. >> attitude can manifest a lot of things. >> they both have good attitudes. >> well see what they manifest for tonight. jeff, thank you so much. as always, we love having you here. "cnn this morning" continues right now. ♪ treasury secretary janet yellen warning washington it has just 31 days to pay americas bills or risk catastrophe. >> this bill has to be between biden and mccarthy. >> its politic...

Another temporary short-term funding deal. how difficult is that for folks at the pentagon to be planning militarily? >> well, its an absolute recipe for disaster. you cant run the defense department that way. you cant do multiyear contracts. have you no new starts whatsoever. every year we lose billions of dollars as a result of it. and, heres the thing that they have got to do. while the congress has authorized and president trump has signed into law now an authorization bill of $700 billion f...

Desire to increase our defenses. >> absolutely. good news this week. the president signed into law the fy 18 act that brings us closer to a $700 billion, approximately $100 over the budget. the problem is not the budget caps are still there and the appropriators have to pass legislation and they have to remove those budget caps or -- we fund $549 billion and that means no, i say no, military plus of. that has to be done in the next couple of weeks. they need democratic support to do it. i think ...

Going on here to obtain those in the first place. steve: it looked like somebody dropped a dime on what was going on, and he had to look into it, and thats how we got where were at today. ainsley: thanks, michelle. >> you bet. you too. >> send it over to jillian with the days headlines. >> thats right. good wednesday morning to you guys. lets begin with this. president trump signing a 700 billion-dollar defense policy bill to thwart our nations heroes. >> with the signing of this defense bill, w...

Birds. other trend had big retailers closing for thanksgiving. i like this one. allowing workers with their families. in store spending is still out pacing online shopping with americans projected to pay $549 billion in person and 129 online during the holiday season. put me down for the online shopping category. joining me now is our consumer saving expert at nerve wallet. kourtney, thats the best strategy for approaching holiday shopping that black friday is not actually black friday and all t...

Can get that passed but here is the problem. you cant pass that $84 billion plus up with the budget caps we have right now. >> maria: right. >> jack: they have got to be removed by the appropriations committee and its got to be done by 1 january. if we dont do it by 1 january that budget goes all the way back to 549 billion, not 640 billion. we lose almost $100 billion. that is an absurdity. well never rebuild military unless the congress removes the budget caps so that we can grow the budget. >...

Taxes. the economy boomd and federal tax revenues increased from 347 billion to 549 billion. but let me make a point thats particularly important. there are two different approaches. high taxes like obama or cutting taxes like rag on. one works and one doesnt. i want to show you this chart, which is hard to see from where you are, so let me show you individual pieces of it. >> how many charts do you have there? were running out of time. >> its important and bernie, ill let you see this. bernie, ...

An oil in this leaking engine. we have 50 million people on medicare right now, and were adding 10,000 people a day because of the baby boomers joining, and last year, we spent 549 billion dollars on medicare and so, if you look at two sources, one the congressional budget office and the second source, the medicare trustees and we can say that those are nonpartisan groups, theyre saying that medicare will be bankrupt in 2024. >> okay. >> thats based on the assumption that what will happen is tha...

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