Deficit Situation News Today

A mix of newsmaker interviews, political analysis, cultural segments and media analysis. Could trumps own policies undermine the economic uptick. White house economic adviser larry kudlow will be here in moments. Healer in chief . Well talk to a potential dark horse 2020 candidate with a history of bringing people together. You elected me to do the right thing, not the easy thing. Former new orleans mayor Mitch Landrieu next. Hello, im jake tapper in washington where the state of our union is se...

A precursor to Fox Newss morning show, featuring the news and first looks at the other stories of the day. Preferable to allout standout with democrats. This president is a bully and he will try to intimidate all of us. Hes not going to shut down anything. We are not going to be intimidated by bluffing or bullying. Some republicans voice reluctance of idea of shutdown before the midterms. I think we are going to make sure we keep the government open but we are going to get better policies on imm...

Someone broke into the house or drunk driving, he would be there in a minute, unquote. Now the president s lawyer, Rudy Giuliani is out there calling Michael Cohen a liar. Do you think Michael Cohen is a liar . Well, listen, theres certainly been a breach in the relationship. So when i said that, i meant that because i had known michael for ten years, known the president for a very long time and my guess was that they were very loyal to each other. When your house gets raided and your apartment ...

Changes. >> charles: the fact that its all reluctantly lower to sort of acknowledge this is a situation, not necessarily a new paradigm but interest rates were with us for a very long period of time. is that also suggest that our own federal reserve could even be cutting rates more? >> you know, i cant comment on stead policy but the low rates are a reality. you know, when we look ahead and we see deficits persisting above a trillion dollars and we see debt rising, we still see interest rates st...

Pushed off the effects of the sequester so theres some extra spending this year and next year and that is going to help keep the economy afloat as well. >> charles: what about this deficit situation? for a long time everyone was concerned about it but now it feels like maybe no one is. you hear some folks on talk shows talk about a fork political assumption but their hearts can be in in a considerg how much their debt went up under the previous and administration. where are we going with this? w...

Aftermath, which is ballooning deficits. and it was -- but it was kind of interesting to hear senator mcconnell say this is about entitlement programs and we will have to cut those. there are issues with those programs. there is no doubt that the ballooning deficit is related to the fact that tax revenues have dropped up exponentially because of a $1.5 trillion tax cut. >> part of the grand idea was to create a deficit situation where they could say we have to create entitlements. well see what ...

I look at it as good investment in future prosperity and future economy. of course, we inherited a tough deficit situation. >> social media giants like facebook and twitter could soon be fined for so-called fake news, lawmakers in the uk want to hold them liable forcing them to pay fee or regulate for quote, harmful and misleading information. personal data of 87 million users data was hold by analytic. ginsburg saying senior colleague stevens stepped out when he was 90.

Prosperity and healthy economy. >> ultimately you think it will be deficit neutral, if not reducing the deficit? >> some of the numbers ive seen -- heaven forbid, even the cbo, theyre suggesting we already paid for two-thirds of the corporate tax cut. i think by the end of fiscal year 19, the corporate tax cut will be paid for. by 2020 it will be more than paid for. of course, we inherited a tough deficit situation. any time you have slow growth -- the prior administration had a very slow growth...

>> some of the numbers ive seen -- heaven forbid, even the cbo, theyre suggesting we already paid for two-thirds of the corporate tax cut. i think by the end of fiscal year 19, the corporate tax cut will be paid for. by 2020 it will be more than paid for. of course, we inherited a tough deficit situation. any time you have slow growth -- the prior administration had a very slow growth period. that really damages the budget deficit. >> they were coming off the great recession of 2008. >> by the w...

Committee. theres a question about whether hell do that when it comes up for the vote. im really concerned about this deficit situation were going into. today unemployment is approaching a 20-year low. the stock market reaches an all-time high every day. corporations are making as much or more money theyve ever made >> a tax cut is phenomenal weapon that a government can use when they need it. do we really need a tax cut right now in this booming economy weve got? the interesting thing is the pe...