607 Billion News Today

11. putin knew in advance that he was gonna do. this he has been laying the groundwork for this for a long time. he knew there would be economic sanctions against him if he did something like this. one of the ways that he tried to make russia sanction proved in advance of this invasion, was by building up a huge pile of foreign currency in the russian central bank. basically as a rainy day fund, something that the russian government could live off of for a long while until the rest of the world ...

In an effort to decarbonize the economy. here is one point where sanders plan differs from many others. he puts a price tag on it and he lays out the costs. the full plan would carry a price tag he says of $16.3 trillion to fully enact. that makes it the most expensive climate plan from the democratic contenders. the investment in renewable energy would cost $1.52 trillion to create renewable energy sources, $852 billion to build energy storage, capacity $526 billion to provide a modern smart gr...

Look at the cost of not doing anything. the investment in renewable energy would cost $1.5 trillion, $850 billion to build energy storage capacity, 526 billion for a smart grid, an electric grid, $2 trillion in grants to weatherize and retrofit homes and businesses. the plan would include $2 trillion in electric vehicle grants, a $300 billion transportation investment, and a $607 billion regional high-speed rail to get people out of their cars into trains. it envisions a role for farmers with $1...

Campaign as they try to save the house in november. are they rushing the critical agenda item? joining me to discuss this, thanks for coming on this morning. there are hundreds of billions of dollars and it drives people crazy to see how casually our hard-earned tax dollars get spent in washington. >> and not only that but republicans are known for being fiscal hawks. that is gone by the wayside. that is one of the things as republicans we pride ourselves on being responsible in that area, not s...

End of the year, $607 billion in spending cuts and tax increases are scheduled to take effect in january. that was part of the deal to raise the federal debt ceiling sasmt compromise possible, congressman, ill begin with you? >> absolutely possible, but i dont think you will see it until the middle of february. that is because it is possible because of two reasons. you have two men, more boehner and president obama who came close to a compromise but mu now you have a president who doesnt have to...

Costs by $65 billion. those mandatory cuts to defense and to general spending include items like education and veterans benefits. a third cost reduction, the payroll tax holiday, that expires. $95 billion is saved there. finally, the other category here on top, that includes a mix of emergency employment benefits, health care and tax cuts, and benefits. all of those end. that saves the largest chunk. if all of that happens, next years deficit improves $607 billion. the deficit would go down almo...

Entitlements in the near term. >> well look. entitlements are a big question but i think what you see in the presidents budget are serious cuts. not light cuts. there was a lot of push back. those were not light cuts. >> still only 12%, i mean, what, david and michael, what both sides are dealing with is on the margins. its 12% of the budget. and until they start really talking about defense, which the republicans are refusing to talk about, and talk about medicare and medicaid, nothing much is ...

Okay here is the middle of the decade. were still $607 billion away from that. here is what were taking in and here is what were spending, this should be zero and these two must match. he must have meant 2016. 2017, no no, its down from the year before but 2018, 2019, 2020 -- oh, boy, its getting bad. mr. president, i could be missing something or, what is the old-fashioned word, lying. which is it? deficits through 2020. his explanation for this obvious discrepancy was. [ laughter ] >> glenn: t...

>> thank you, mr. president. actually, im going to have to get my glasses out to read these. >> thats a bad sign there, chip. >> a little fine print from the budget, mr. president. you said that this budget is not going to add to the credit card as of about the middle of the decade, and as robert gibbs might say, im not a budget expert and im not an economist but if you could just explain to me how you can say that when, if you look on page 171, which im sure youve read, the central page in this...

Okay here is the middle of the decade. were still $607 billion away from that. here is what were taking in and here is what were spending, this should be zero and these two must match. he must have meant 2016. 2017, no no, its down from the year before but 2018, 2019, 2020 -- oh, boy, its getting bad. mr. president, i could be missing something or, what is the old-fashioned word, lying. which is it? deficits through 2020. his explanation for this obvious discrepancy was. [ laughter ] >> glenn: t...