Detailed text transcripts for TV channel - CNN - 20181016:17:43:00
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 that's emerging right now. all of a sudden we're learning the federal deficit rose by 17% in this year, 2018 to $779 billion. the deficit this year, that's 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 report say the federal deficit next year could top $1 trillion. congressman, what ever happened to tha...
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