Deficit Concerns News Today

government default. >> leaders are set to restart in-person negotiations. shes a formeront lmg a prie mission to the international space station. peggy whitmans legacy is already out of this world. game changer. an ancient pastime helping to make new connections. >> they call it the great equalizer. >> this is the "cbs weekend news." good evening. thank you for joining us. im marjor garrett. we begin with president biden. the president held a meeting with president zelenskyy at t...

Swift,les kelce thing is too much . Judge jeanine i think its great. I love them both. Bret thank you. Have a United States evening. Im bret baier. Former President Trump quiets speculation of his candidacy for House Speaker by endorsing ohio congressman jim jordan. The uproar out of virginia liberal arts College Transgender athlete on the womens Swimming Team and how would robert f. Kennedy running for president as an independent affect the 2024 election . Bret breaking tonight, President Biden...

Markets. >> kevin mccarthy and president biden spoke on the phone just hours ago. both leaders agreed to continue their negotiations. the u.s. government could default on its debt as e ju 1. that could be cast u.. house speaker kevin mccarthy emerged from his office after what he said was a productive phone call with president biden. >> the agreement would be lets get our teams back together so everybody clearly understands what were talking about, what theyre talking about. >> biden called mcca...

Gillette proglide. five blades and a pivoting flexball designed to get virtually every hair on the first stroke. so youre ready for the day with a fresh face for a fresh start. for a limited time get a 5th cartridge free. tomorrow the senate may finally pass the bipartisan infrastructure bill. yes, there are, as always, last-minute hiccups including a holdup last night over deficit concerns. as of nows the bill does appear to be on the path to passage and donald trump is not happy that joe bid...

Eye-popping numbers show the u.s. deficit is skyrocketing at an alarming rate. the congressional budget office is now predicting the deficit will heech $960 billion and will reach $1 trillion for 2020. there is a huge spending package, too. adding to the heat is a two-year budget deal recently signed by the president. that deal set to raise government spending by hundreds of billions of dollars. the dismal forecast also comes as the president said his administration is weighing several tax cut p...

Everyones self-interest to give the american people a dollars worth of government, charge them 80 cents for it. it pleases the public. you shift 20%, 25% or 20% of the government off on the future generations that are unconsenting because theyre unborn and we go merrily along. were about to run a trillion-dollar deficit at more than full employment, at reasonably steady economic growth. what is going to happen, lawrence, when the next recession starts, starts at a trillion-dollar deficit? >> and...

What is going to happen, lawrence, when the next recession starts, starts at a trillion-dollar deficit? >> and what is going to happen to republican politics post-trump? if a democrat is sworn in on the next inauguration day, will republicans in the congress immediately return to deficit concerns? >> well, its going to be interesting. what do the evangelicals, who have worshiped at the golden calf of donald trump, going to say? are they going to snap back into saying character matters in politic...

One more thing before we go. >> today a renewal of the 9/11 victim compensation fund couldve been a done deal. yesterday new york senator and presidential candidate kirsten gillibrand called for unanimous consent to get the money where its needed. then an objection from across the aisle. >> any new program thats going to have the longevity of 70, 80 years should be offset by cutting spending thats less valuable. i will be offering up an amendment should it come to the floor, but until then i wil...

But in this case, there are 31 tweets about the president criticizing obama deficits from 2011 to 2016. >> and the real worry for progressives is that when you are running up the budget deficit like this and adding to the debt so quickly, at some point you have to cut spending. that spending is entitlements. and theyre worried about that. >> you wonder if gone from the partys platform are deficit concerns. ahead, a cease-fire between israel and palestinian militants bringing an end to the most...

Tax revenue failed to keep up. with corporate tax collection down 22% or $76 billion. the white house defended the tax cuts. it is boosting economic growth which will eventually increase tax revenue. steve mnuchin said the white house will eventually cut wasteful spending to make up the difference. watch out for entitlements. >> you cant help but wonder if the republicans will return to deficit concerns. imagine this happening to your plane. renewed concern about drones after tests show the bi...