744 Billion News Today

well get it fixed and get it fixed properly in two years. but were going to get it fixed and fixed properly. well get it fixed in two years. >> all right. >> hes going to get it fixed in two years. >> two years. >> wait, but he had a chance to fix it in 2017. what did he do? >> well, he called the debt ceiling sacred. >> and 18, 19. >> then he urged a default. now, donald trump is back in the mushy middle, promising a big fix down the road. you know, like infrastructure, health care, a...

classified documents, less than a dozen from his time as vf found at his former office days before the mid-terms. why werent they disclosed before now? the calls from the gop for a full investigation. the former top trump organization executive sentenced for his role in a 15-yearlong tax scheme. how long hell spend behind bars. rushing gaining ground in the fierce battle for a strategic city in eastern ukraine and why some ukrainian troops may be coming to the u.s. students on ed...

2023 amount. this is $744 billion. the republicans wanted it down at this 550 level we talked about. ended up here, about $40 billion, as i said, less than what we are going to spend anyway. a bit less, $110 billion less than the biden proposal. $145 billion more than the republican proposal. we didnt end up in the middle. we ended up on the biden side of the ledger. this one is really important. as i mentioned a minute ago, the republicans wanted a lot -- this is snap, our food stamp program. t...

Government to be a partner? >> we need them desperately. we need to have our local, state, and federal partners all aligned. >> reporter: still the $50 billion is not nearly enough. by the epas own estimates the nations drinking and wastewater infrastructure will require more than $744 billion over 20 years just to meet existing health and environmental standards. >> the resources that we have from the bill are just a shot in the arm. theres a huge resource gap here. >> reporter: a gap that peop...

In 2014. wow. cbo also predicted a deficit of $616 billion next year. president obamas budget would make it 744 billion. means 128 billion-dollar difference doing the math. as for spending cuts. the president says he will cut 1.2 trillion over the next 10 years. by adjusting medicare and social security payments. also, the president wants to raise close to 600 billion in new taxes, again, focusing on the affluent. joining us now from washington to analyze. republican kate obenshain kirsten power...

Yes. no. let me get to the -- let me get to the three headlines, we have sort of deduced here. one, the all important deficit goes down in 2014 to $744 billion. headline two, you have taxes, president wants more from the wealthy for the deficit shrinkage to start up the national pre-k. headline three, something new and potentially irksome to the presidents own supporters, possible savings coming out of social security and medicare. so, gloria borger, chief political analyst, we heard the preside...

It is the presidents annual budget proposaproposal. you know, bed time reading for the folks in d.c., a mere 244 pages. for you, i have broken it down to three. page one, the all important deficit. it goes down in 2014 to $744 billion. page two, taxes. the president wants more from the wealthy for that deficit shrinkage and to start up national pre-k. page three, something new, potentially irksome to the presidents own supporters, possible savings coming out of social security and medicare. jess...

Popular benefit programs such as social security. the president says his proposal will cut next years deficit to $744 billion, its the lowess since 2008. his plan will cut the deficit by an extra $1.8 trillion over the next ten years bringing the total savings to $4.3 trillion based on the administrations calculations. of course the cbo will take a look at this as well. the presidents ten-year plan will trim $100 billion from defense spending. $400billion from medicare and save $230 billion by c...

Dollars national infrastructure bank. which may have some bipartisan support, its unclear at this hour if that would go forward, but having that sort of savings account, a rainy day fund so if we need that bridge on philadelphia street fixed. certainly do if you cross it, worried youre going into the river. and your point-- thank you. to your point this was money we thought was already spent on stimulus money we were hearing about the during the the recovery and need americans back to work. what...

"sesame street" to pakistan. >> they need that. >> i mean, ive got no problem with the muppets, believe me. >> how many jobs did that create? >> can we just do this? look, february of 2009, this will be -- thats when stimulus was signed. you take the number of private sector jobs that month and then you look at last month, last reportable month according to the bureau of labor statistics, there are still fewer jobs in america so we spent $744 billion and we still havent gotten back to where we w...