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It is one of the few transactions i think all three countries benefit. really as a unit against the world if you look at it. it is a unit against the world. that's the way we looked at it right from the beginning. we hope that is the case. again congratulations. we'll be talking about a number of subjects including additional trade. the military and the military presence and it's great being at nato. we had some real success i think and some very successful talks having to do with nato. as you know, a lot of the countries have stepped up and putting in at least $130, exact numbers is $131 bill...

We are v all areas of the world. nato is different than it was. and we have a lot of countries stepping up and putting up a lot of money, the number as of this moment is exactly $131 billion, that is a year, that is a tremendous amount of money, but it is not enough, and they also raised and have commitments for $400 billion. so nato, which was really headed in the wrong direction three years ago, is going down. it is a point where i don't think they could have gone on much longer. now it is very strong and getting stronger. many people are committed to that 2%. i think that 2% will be raised....

So hopefully they can get it done and get it done fast. and it's one of the few transactions i think all three countries benefit really as a unit against the world if you look at it. it really is a unit against the world. and that's the way we looked at it right from the beginning. so we hope that's the case. again, congratulations. we're going to be talking about a number of suggests, including additional trade, and the military and the military presence. and it's great being at nato. we had some real success, i think, in some successful talks having to do with nato. as you know, a lot of the...

Is fear jugser naught everyone believes it's going to be derailed. i hate to say it to the degree the media almost did that in december. some people do it dlicketsly. there is no economic data out there that suggests we are on the cusp of a recession. steve: they have suggested the inverted yield curve where have you more money on the short-term bond than the long-term bond. >> two and 10 year has inverted 24 hours. it has to be longer than 24 hours. we saw retail sales sore. absolutely sore significantly better than anyone participated. we saw an earnings report from walmart absolutely remark...

The military came at high price with democrats reaching $131 billion in domestic programs over the next two years. we are back with wall street journal columnist and deputy editor dan henninger, editorial board member allysia finally u kate odell for her sins, let's go to good, bad and the ugly. what's good in this. >> i think that the defense cap had to be broken because the damage to military due to su suquester caps, we have seen maintenance failures and personnel don't get training they need and overtime they are not ready for promotion, et cetera. paul: big victory for republicans in. >> ...