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It's 375. some people, depending on your formula, $375 billion. it could be $504 billion. it's a tremendous amount of money being taken out of our economy. we have to straighten it out now. what's happening, we put steel tariffs on. our steel industry is going through the roof. u.s. steel just announced they're expanding or building six new facilities. last night in south carolina, right -- go ahead, georgetown steel. the factory has been closed, the plant has been closed for how long, lindsey? >> about three years. but what's interesting, it's a british company. a steel manufacturing company ...

Of tapping the nation's strategic reserves. that is a move that they say would only give us temporary relief at the pump and quite frankly it would also be quite unprecedented. >> bret: kevin, thank you. to the federal government is reporting a surplus of $214.3 billion in april. primarily reflects revenue from the tax filing deadline. the treasury department says that the surplus increased, 17.4% from a year ago. still congressional budget office estimates that deficits will be $804 billion, a $140 billion increase from last year. investors like what they heard today, the dow gained 197, the ...

Trade. china is very serious. we're very serious. we have no choice but to be very serious. you know we have put on very substantial tariffs. and that will continue unless we make a trade deal. i think we're -- we have got a very good chance of making a deal. as you know, they just stated president xi, terrific guy and friend of mine, but he's representing china and i'm representing the united states. president xi made a speech four days ago where he said china will be opened up. it is not opened up now. they trade with us, we can't trade with them. they did $504 billion last year. we did $120...

$804 billion this year, $1 trillion deficit by 2020. larry kudlow says not so, china may have blinked 3 times and offering trade concessions. and the move seen as an effort to defuse escalating trade tensions. donald trump predicting on twitter the two countries will make great progress together was the governors of 3 border states and national guard troops to the southern border but what about california? governor jerry brown refuses to force troops to the california border. >> the california national guard, the consensus of the governor. >> defining their own party when it comes to donald tr...

Projections released tonight. the congressional budget office combined a tax-cut bill in the latest spending plan will push the deficit to $804 billion and protects $1 trillion deficit in 2020, a republican said this is particularly sobering, at an unsustainable pace making it more difficult to achieve balance. and the scan behind rosie rhetoric from republicans the tax bill. waiting for the next move inside the pentagon for military options on syria. mark zuckerberg on capitol hill, his company and trademark attire inside the beltway. >> major corporate leader.