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Economy after years of stag nation under the previous administration. >> after eight years growing from deficits under a democratic president the republican deficit hawks seem to have flown the coop. >> melissa: president trump saying great news on the 2018 budget. first step delivering massive tax cuts for the american people. glen hall, u.s. news editor of the "wall street journal." thank you for joining us. let me ask you. first of all this is the point at which the math becomes important. there are two ways to get there in terms of how they reconcile the numbers in reconciliation. the hous...

Calling for a welfare reform. paul ryan brought up today that he wants to make sure he moves forward this year as well because the current situation is holding people back and not helping people move forward in their careers. >> heather: it does give reconciliation instructions 211 house committees to achieve at least $203 billion in mandatory savings and reform. i was at a bad thing? >> it's not necessarily a bad thing but it lacks the support needed to move forward. right now we have representatives saying that as the bill stands it won't be supported. conservatives and moderates are opposed...

♪ todd: news by the numbers. first, $696 billion. that's how much money the house has passed for the defense policy bill. it would exceed the president's $603 billion defense budget q next, $10,000, that's how much visa is offering restaurants to no longer accept cash. the awards will go to 50 u.s. based small business eateries who commit to upgragd grading systems to force customers to pay with credit cards or digital payments. finally, 37. that's how old dennis legend venice williams is as she looks to become the oldest woman to win a grand slam event at wimbledon today. her sister serena ...

Administration puts forward. this will all be rolled out officially tomorrow morning when mick mulvaney takes this to the hill. look a what has happened in the past. we always had administrations promise to try to balance the budget and restrain spending. in 2016, the budget was $3.8 trillion with a deficit of $585 billion. in 2017, $4 trillion with a deficit of $603 billion. so the trump administration has to adhere to the president's promises to restrain government spending. how they do that? we'll find out in a few hours, won't we? >> not likely to take effect in this form, this budget, rig...

Worldwide to date, $3.7 billion or 17% of the total money has been committed. that leaves a short fall of $18 billion. the prognosis for more aid money isn't looking good. president trump has proposed shrinking the state department budget from 52.8 billion to 37.6 billion, a 29% reduction. that leaves only a few scraps for famine relief or humanitarian aid. trump's budget increases by $54 billion bringing the total defense budget to $603 billion. ironically, they don't realize how little money goes to foreign aid. according to a recent survey, americans guessed on average that 26% of the feder...