Page 6 - 779 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> any guy that can do a body slam, he's my candidate. [ cheers and applause ] he's my guy. i shouldn't say this, but there's nothing to be embarrassed about. so i was in rome with a lot of the leaders from other countries talking about all sorts of things. and i heard about it. and we endorsed greg very early. but i had heard that he body-slammed a reporter. [ cheers and applause ] >> so you heard the president. he's joking about an assault on a reporter. in the face of world outrage about what happened to jamal khashoggi. but there's more. the deficit, at $779 billion

Table could cut substantially more. the deficit is up 17% this year to 7$779 billion. that's the worst since 2012 when the country was deficit spending to save the economy. the problem now is the economy is roaring, thanks to the president's tax cut. corporate tax collection down $76 billion, meanwhile spending increased. mainly deficit spending. the white house said it will cut spending to make up the difference. they fear that means cuts to social security, medicare and medicaid. and mitch mcconnell says it is time to look at those so-called entitlements. >> there has been a bipartisan reluc...

With a 5% cut. get rid of the fat. get rid of the waste. that's a very, very important request that i'm making of everybody sitting around the table. >> that was the cabinet meeting yesterday. trump added some people at table could cut substantially more. the deficit is up 17% this year to $779 billion. that's the highest, the worst, since 2012 when the country was spending to stimulate the struggling economy. it is not necessarily the spending side of the equation, but taking inside of the equation. this is largely thanks to tax cuts. tax revenue was flat this year and corporate tax collectio...

Because historically you would say why doesn't the third party arrive? we have so institutionalized these parties in law, in access to the ballot and in fund raising that we contrary to the founding fathers in the constitution have made it very hard, if not impossible, for a third party to emerge. >> yeah, i think that's -- >> and that's dangerous for >> that's absolutely right. we could turn off twitter because all the people who are screaming are on social media and northeast normal reasonable people aren't busy, you know, tweeting at this show and saying, bob, you're wrong, or bret, you're ...

Billion in fiscal year 2018. trump's first full year as president, first fiscal year as president. that's a 17% increase from 2017. it's the highest the deficit has been in six years. the deficit now stands at $779 billion, and the deficit, of course, is the difference between what the government takes in and what it spends. today senate majority leader mitch mcconnell tried to claim that this steep increase is due to the social safety net. >> it's very disturbing and it's driven by the three big entitlement programs that are very popular. medicare, social security and medicaid. >> but the dat...