642 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Which is you've heard about obama care, you've heard about other things. you haven't heard anything about cutting the deficit. the republicans are not trying to cut the deficit at the moment. they're trying oddly enough to increase the deficit. the continuing resolution that they would pass would have spending be higher than the budget that they passed back in the spring. here's why. if you take a look at what's been happening and today is the last day of the fiscal year, see that deficit, these red bars here, have come down very -- has come down very sharply since 2009 when it hit its peak at...

That will increase interest rates, increase unemployment. you talk about a lot of uncertainty, you're creating unsrcht. >> the president tried to use the debt limb to enforce his will on iraq. >> oh, come on. >> now he's son don't even think about doing that. you know what's going to destroy the economy is the debt. >> here's a question for you. >> that's what's going to break this economy. >> i think the deficit is down to about $642 billion. >> which means we're still adding to it. >> the deficit is going down, we are making progress. >> every year the debt is growing. >> even john boehner -...

All i can say is it has worked well for us. last weeks capitol hill busied itself with a trifecta of controversies, something remarkable happened. the budget deficit, the thing republicans have been calling the single greatest threat to american freedom shrank -- a lot. amy writing -- but now the government as annual deficit is shrinking far faster than anyone expected. last week a new report by the congressional budget office estimated the deficit would shrink to $642 billion, or 4% of the nation's gdp. to put this into perspective

Now to some other stories making news this morning. the leaders of the independent panel on the attack in benghazi will publicly testify before congress. thomas pickering and former joint chiefs admiral, mike mullen, will answer questions from republicans who called their findings flawed. pickering says criticism of the accountability review board is unfounded. brad pitt calls partner angelina jolie's decision to undergo a double mastectomy heroic. she opted for the surgery after learning she processed a gene greatly increasing her risk of developing breast cancer. this year's federal budg...

So these scandals are beginning to have a financial impact, especially on obamacare. >>brian: let's end on positive news. the budget deficit will be $200 billion less than we originally thought. i think that's great. what i'm concerned about is now we're not going to get into that fiscal discipline. >> the deficit is going to be $642 billion for this year. >>brian: way too high. >> but a lot less than we thought it was going to be. i guess you could call that good news. that's part of the reason why the stock market keeps going up and up. but it's still way too high and it's still the fifth-la...