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Cost, but it pays more. out of 28 nations, four actually spend 2%. the u.s. is the biggest economy an powerful economy with the biggest military and biggest military spending in theworld. the u.s. spent $686 billion last year. more than double all the other nato countries combined. germany spent 1.2% last year. members fall below 2%. they have been spending more. ramping up spending really amid the criticism from the white house. the eu and canada are on track to meet the target by 2024. there are those who follow this and say the u.s. pays the most and has a bigger voice at the table. >> that...

Sheer wh here is what you need to know. nato is asking members to spend 2% of their gdp on defense. there's no penalty if they don't. it is a guideline. the u.s. doesn't pay the entire cost. out of 28, the u.s. pays 4% of the gdp. the u.s. is the giant in the room. $686 billion on defense. that is double all other nato countries combined. largest economy in the world with the largest military spending. germany spent 1.2% of gdp on defense. members that fall below 2% are ramping up spending. eu and canada on track to meet that by 2024 because of the c cajoling of the president.

Trading with iran and where is the u.s. leverage? >> i think john bolton and mike pompeo have made it very clear to the europeans that they expect their companies to go along with these sanctions, and the price, arthel, is enormously high for the europeans if they do not. let me just give you a figure that should put this all in perspective. the trade between the european union and iran last year was about 18 billion dollars. european union trade with the united states is about 686 billion dollars. so the united states has leverage in terms of the euro and the dollar. it would be enormously ex...

A box of food delivery. it privatizes the space station. and citing increasing threats from china and russia. the pentagon wants a budget boost. $686 billion. the office of management and budget says it cuts deficits $3 trillion over ten years. that assumes growth projections of 3% a year. the president signed two deficit increasing bills. the tax law and the budget deal that increases spending. both of those push deficits past $1 trillion next year. the race to 60 under way today as the senate starts an open immigration debate. republicans declaring they will only allow the process to play ...

Nasa would stop paying for it by 2025. citing threats from china and russia. the pentagon wants $686 billion. the office of management and budget says this cuts deficits by $3 trillion over ten years. it counts on growth projections of 3% a year. the president recently signed two deficit increasing bills. the tax law and budget deal increasing spending by $300 billion. both of those measures push u.s. deficits past $1 trillion next ye year. >> joining us from atlanta is the editor for the weekly standard. good to see you. >> good morning. >> we will get back to the budget in a moment. let's ta...