778 Billion News Today

They have $650 billion of foreign exchange at the moment. thats the fourth largest of any country. its 50% more than their total foreign debt. they only hold 16% of it in dollars. the rest is in euros, rmb, in gold, and all kinds of other stuff. by comparison, we are a reserve currency so it is not a fair comparison. we hold $250 billion in foreign reserves. he has the firepower, so to speak, the economic firepower, if you will, to withstand a fair amount of sanctions. lastly, just for interest,...

Hes saying that he wanted lawmakers to prioritize some of these social safety net programs. >> i think its laughable. he just voted for $778 billion military budget. more than what was even asked for. i didnt hear him asking for the same playing field as hes asking -- he didnt put the same prescriptions or demands, if you will, on that military budget as he is doing on build back better. and amara, this is the going. people have been talking about the stats of west virginia, how people are suffe...

778-billion dollars bill. this just came in. it establishes a commission. you can expand on this. it will investigate the afghanistan withdrawal and make changes to the military justice system. what we know about the commission that will be doing this is that its a 16 member bipartisan group. they will study the u.s. involvement in afghanistan from 2001 to 2021. they will report their progress to congress and officials involved in the war are barred from serving. we know the pentagon is conducti...

Cash, by the way, not for themselves, but to pay for classroom improvements, to pay for flexible seating such as standing desks or document cameras so they can upload lessons online. why? why should they have to do that in the richest country in the history of the world? in recent decades republicans have gutted our public services, often with democratic party support or at least with very little democratic resistance. and so you will be shocked, shocked to hear, that south dakota, a deep red st...

States and d.c. remember, this is a choice to not spend on our kids, to not pay our teachers, to not invest in education. we have the money. the senate right now is about to pass a $778 billion bill to fund the department of defense, a bill already passed in the house. but spend some of that money on schools or teachers? no, no, no. it is squid game for them.

$778 billion wasnt even the sum that president biden actually requested for military spending this year. he only asked for 753 billion. so in short, the military industrial complex is getting everything it wanted, with a $25 billion cherry on top. you might remember in 2019 when president trump signed a collossal defense bill slammed rightfully by the press but that was $40 billion smaller than this one. quick question for you, is there nothing else we could have spent this money on? keep in min...

Its $25 billion more than the budgetary request of the white house. thats one year. and again, i know im throwing a lot of numbers at people, but this is part of whats so maddening about the situation, the one-year versus the ten-year scoring. in the ten-year scoring, thats $250 billion. i have been tracking all these negotiations about build back better. that would be a huge chunk, just that, just the little bit over above what the white house asked for, times ten would buy you clearance room f...

Negotiations, about build back better. that would be a huge chunk, just a little bit, over above what the white house asked for times ten, would buy you clearance room for a whole new program in build back better. >> what youre talking about, and i hope people understand, when we talk about 1.75 trillion for build back better. thats over a ten-year period. when you talk about 778 billion for the military, it is one year. multiply that by ten, and you probably end with ten trillion dollar over te...

No chance of a plan passing before midterms. congress is in recess through the election. how would it be paid? the original tax cut is ballooning the deficit. it rose 17%. the deficit rose to $778 billion in 2018. this a beautiful campaign promise two weeks before the election. >> no serious plan. if you wanted that tax cut for the middle class, you had every opportunity to do so. tells you how they feel the tax cut is playing out there. >> i think he wants it. he would like to give the middle c...

These cuts. from almost the moment this administration came into office, they began dismantling the greatest military weve ever known. they have had five years in a row of major cuts that have taken place. and even before sequestration, they cut out $778 billion out of national defense. you mentioned what happens to the army. but the air force is now saying they may not be able to continue to guarantee that well have air dominance in a conflict. if you look at the navy in 2007, we are able to me...