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Owners of the home will be on "new day" later this morning. the federal government is racking up the bills. spending so much more than it takes in. it is running the largest budget deficit in six years. a sign that tax cuts are curbing how much the u.s. collects. into the treasury coffers. the u.s. deficit rose 17% this year to $779 billion. thats the highest since 2012 when the country was spending big to stimulate a struggling economy. 2018 is different. its not struggling. the economy is st...

>> they built it. concrete stilts. it will need repairs. the federal government is racking up the bills. spending so much more than it takes in. it is running the largest budget deficit in six years. a sign that tax cuts are curbing how much the u.s. collects. the u.s. deficit rose 17% this year to $779 billion. thats the highest since 2012 when the country was spending big to stimulate a struggling economy. 20 2018 is different. the government collects more from taxpayers. spending rose 3% fu...

Enormous. and how the u.s. responds to all of this will be very, very significant. the whole world will be watching. let me go to another issue thats emerging right now. all of a sudden were learning the federal deficit rose by 17% in this year, 2018 to $779 billion. the deficit this year, thats the highest since 2012. spending was up while corporate tax collection fell by $76 billion. due in part to the republican tax cuts for corporations. estimates also in this latest federal government repor...

>> reporter: latinos are not monolithic. 25% of them say that they approve of president trump. and something else to remember is that as a demographic theyre quite young and youth means that people are less inclined to vote. >> that is a problem! the youth need to turn out to vote. thank you very much. okay. so its time for cnn business now. americas deficit is ballooning. higher spending and lower taxes are pushing it to the highest level in years. chief business correspondent christine roman...

Clinton margin two years ago, what we see in all of these districts is that the republican candidates are outperforming how well donald trump did two years ago, and by an average of 14 percentage points. >> thats a pretty high number. 14 percentage points. when you look at that, whats your read on it? is it that dems are not doing the outreach they need to do, is it that republicans are simply more effective? >> a little of both. remember, the democrats -- well both parties, they start off with ...

Lano river that crested ten feet above the flood stage the highest since 1997. officials say the water wont recede until thursday morning so everyone needs to be careful there. mexico beach, florida, practically wiped off the map by hurricane michael last week. and now theres concern that rebuilding the beach town may totally change its mom and pop shop character, amid fears property owners may decide to sell rather than start over. >> i was more scared than any time i have ever been scared in m...

17% from 2017. watchdogs warned this would happen after the tax cuts. getting the number down is one of the many things the president promised to do if he won the election. >> you put forward a balanced budget, your first budget or will it take a couple years? >> it will take fairly quickly and it can be done. >> fairly quickly, and it has been done. thats what candidate trump said. fiscal conservative is out the window where the white house is controlled by fiscal conservatives. we have a close...

Present hasnt been talking about a lot is the trade situation with regard to china. he says china has been taking advantage of the united states for years. he instituted these tariffs to try to curb some of the chinese exports. and yet, the trade deficit we saw with china in september was the highest weve had yet. $34 billion for the month. >> right, its very hard to make a trade deficit go away. if you walk around in any walmart, its stocked with goods that the united states imports from china....

>> so how it works is somebody trying to register completes a form that gets then entered into a database by a county registrar. and if there is one letter, one hyphen, one accent mark, one extra space that deviates from information in the states database, that individual is penalized. and their form is not processed in the routine way that other peoples forms get processed. it is a process that is riddled with error. so you can imagine, for people entering the information into the state databas...

Through the roof and building among republicans. what are these never-trumpers? >> what are they? mark: no, what of them? >> they get a lot of tv contracts. which is very interesting. when you watch some other networks and this one for that matter, you will see never-trumpers on the air talking about how horrible this presidency is or this president is, right? and to the viewer, it looks like my god, theres actually people rebelling within their own party against the president. republicans dont ...