Deficit Increase News Today

us on this tuesday morning "morning joe" starts right now. the sorros-funded district attorney put criminals first and victims last. >> that is exactly what you get with the soros-ization. >> its funded by george soros. >> who is funding these district attorneys? george soros >> the republican-led house judiciary committee took their grievances to new york city yesterday for a partisan hearing against the district attorney who is prosecuting donald trump. meanwhile, house speaker k...

Leaders in congress, are to pretend didnt happen. Is that just Mitch Mcconnells nature . What has to happen for something to get done . Tell me what you saw when you watched the Press Conference today. Reporter well, Mitch Mcconnell knows when youre the leader, a party in the senate, youll take shots. Thats part of the job, a guy who takes incoming fire and allows your caucus to get things done. The two men appearing sidebyside today was politically smart or at least acknowledgement of political...

California is facing a deepening budget crisis, with projections indicating a potential $73 billion deficit.

Mccarthys view on this matches his view on this during the trump administration >> yeah, im just looking at congress latest approval ratings. theyre down to 18%. what we saw in new york may be part of the reason for that. if they managed -- if they failed to increase the debt ceiling and the country goes into default and thousands of federal workers in the d.c. region anyway lose their paychecks for a period of time, i suspect thatll go even lower than 18% the american people want congress to ge...

Impact would be if all provisions were extended and at the bottom of the number i was looking, you can see $160 billion of deficit increase as written, not much. really small in the economy of 22 trillion. if you send all of these programs for the full life of this ten-year window, you get to 2.8 trillion and you get those dots at the bottom which are deficits of 250 to $350 billion every year for ten years. now the last thing i want to talk about is that president biden came as a kind of transf...

Revised score on which to rely. they requested a new budget office estimate on how much a safety plan would cost if a series of provisions like the child tax credit work were extended for ten years. and the cbo came back with a deficit increase of $3 trillion. the white house is dismissing this score as fake. >> this is not a cbo score. this is a fake cbo score. its not about the existing bill anybody is debating or voting on. this is about proposing the extension of programs that has not been a...

Estimate of how much the social safety net plan would cost if a series of provisions like the child tax credit expansion were extended for the full ten years, and the cbo came back with a deficit increase of 3 trillion. the white house is dismissing the score as fake. >> this is not a cbo score. this is a fake cbo score. its not about the existing bill anybody is debating or voting on. this is about proposing the extension of programs that has not been agreed to without the commitment of the pre...

Safety net plan would cost if a series of provisions like the child tax credit expansion were extended for the full ten years, and the cbo came back with a deficit increase of 3 trilup. the white house is dismissing the score as fake. >> this is not a cbo score. this is a fake cbo score. its not about the existing bill anybody is debating or voting on. this is about proposing the extension of programs that has not been agreed to without the commitment of the president, which he has made repeated...

Finished higher, as well. eye-popping numbers from the treasury department. the u.s. budget deficit has topped a trillion dollars and the year is not over yet. a number of factors are driving the deficit increase, including the tax cuts signed into law by the president in 2017 and a huge spending package passed by congress. the last time the gap was this big was in 2012, in the aftermath of the financial crisis. walmart is expanding its grocery story delivery program, going head-to-head with a...

Deficit has topped a trillion dollars and the year isnt over yet. a number of factors are driving the deficit increase, including the tax cuts signed into law by the president in 2017 and a huge spending package passed by congress. the last time the gap was this big was in 2012, in the aftermath of the financial crisis. walmart is expanding its grocery delivery program, going head-to-head with amazon and target. delivery unlimited will cost 98 bucks a year. customers can order the groceries to...