975 Billion News Today

ukrainian people and they should continue to have our support for as long as it takes. fix, continue to have our support for as long as it takes.— long as it takes. a few weeks ago, the world cringed _ long as it takes. a few weeks ago, the world cringed at _ long as it takes. a few weeks ago, the world cringed at the _ long as it takes. a few weeks ago, the world cringed at the prime - the world cringed at the prime ministers fawning welcome for elon musk and this time, they are fl...

Below that of a firefighter or a teacher because their net worth accumulates without taxation. so this does tax unrealized gains, but it puts those resources in a prepayment fund. so once they do sell the capital gains or death as a relation here, that fund capital gains tax they would incur at that time. >> bret: the "wall street journal" points out right now the tax is flowing in, that theres a lot of revenue thats flowing in to the government. i will just read a piece of this. washingtons rec...

[ doorbell rings ] whos that? show me netflix. sign up for netflix on x1 today and keep watching all year long. >> welcome back. weve got headlines for you. american workers are paying out a record number of federal taxes with the u.s. treasury collecting more than $1.5 trillion for the first half of fiscal year 2017. almost half of that money came from individual income taxes totaling 975 billion but according to the treasury department, the fed still ran a 527 billion-dollar deficit during tha...

We want to have smart deficit reduction. we want to grow the economy. we want budget process is the way to do that. >> we believe we can find common ground. >> the government had just been open for hours when the leader of the budget conference committee met to start working on a deal by a december deadline to avoid another shutdown. will washington learn its lesson and finally reach a compromise? joining us from chicago the number-two democrat in the senate, dick durbin. here in washington, a m...

We want to have smart deficit reduction. we want to grow the economy. we want budget process is the way to do that. >> we believe we can find common ground. >> the government had just been open for hours when the leader of the budget conference committee met to start working on a deal by a december deadline to avoid another shutdown. will washington learn its lesson and finally reach a compromise? joining us from chicago the number-two democrat in the senate, dick durbin. here in washington, a m...

We want to have smart deficit reduction. we want to grow the economy. we want budget process is the way to do that. >> we believe we can find common ground. >> the government had just been open for hours when the leader of the budget conference committee met to start working on a deal by a december deadline to avoid another shutdown. will washington learn its lesson and finally reach a compromise? joining us from chicago the number-two democrat in the senate, dick durbin. here in washington, a m...

>> david, what do you think of this? >> ill go back to jonas point in approaching the budget both with revenue and spending cuts, and i though what the real debate is with the finance committee chairman -- with chairman baucus and senator hatch along with reid, look, dont give me reform if its revenue neutral. give me reform thats revenue generating so we can, as we have in the last two months, brought down our budget deficits by generating additional revenue to the tune of closing loopholes of ...

Trillion of deficit reduction and half come from taxes and the balance come from spending, 975 billion from spending. a vast difference in size and significant difference in priorities. if you try to break down those priorities and look at some different categories of spending, you can see that in the discretionary side, this is the stuff that the sequester effects. ryan wants to cut 1.2 trillion which is 3 billion more than the sqester. party murray wants to cut 600 billion less than the seques...

Democrats budget version. ending some of the breaks by closing loopholes, cuts in domestic and defense spending. new spending on infrastructure and we have a graphic of what the budget has, some elements in it. $975 billion revenue increase. $975 defense spending cuts. interest savings as well. $100 billion for road, bridge repair and working training. what do you make in broad strokes? >> another trillion drarz of tax increases on the heels of the presidents health care law, a trillion in tax i...

Big ticket items that mean a lot. democrats and the president just wont go near it the president came up to the hill today and met behind closed doors with republicans for the first time in no one can remember when. and they said it was a productive meeting, et cetera. the democrats look at the republican budget from paul ryan and they say its draconian and its not going to work and that the math is phony and everything else. republicans by contrast have to have a point. democratic proposal to i...