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

Looking for the wasteful programs. >> chris: what do you think of the gop plan as i just outlined it. and i would like you to answer this and go ahead and talk directly to congressman west as you do. the obama administration pumped a billion dollars in stimulus in the economy. the federal reserve pumped trillions more. 9% unemployment. 1.8% gdp growth. it isn't working. >> i don't know that i agree with that because, first of all,. >> that is a fact. >> let me finish here. first of all, the trillion dollars for our stimulus package, otherly, $786 billion was absolutely necessary to make sure t...

Not done that their estimation was by 2:00 that afternoon, 5 1/2 trillion dollars would have been drawn out of the money market system of the united states. would have collapsed the entire economy of the united states. and within 24 hours, the world economy would have collapsed. it would have been the end of our economic system and our political system, as we know it. >> my baby grand daughter is gonna pay for. >> it was sobering reality. >> it impacted me deeply. >> if you are an american and you care about this country, you need to see this fill . >> a lot of people call it the abyss. we wer...

>> he did but he's bush on steroids. >> he's accelerating. >> he magnified it. >> thank you, gary. >> we're not saying that president bush wasn't a spender too, but comparatively, the amount of money spent by this administration is much, much higher percentage of gdp. >> and the president didn't have a choice. >> it's not complicated. >> but again, your point is say that we needed to save the banking system because -- i'll go with that. the federal reserve did the heavy lifting. $786 billion, which we handed out to people in welfare, unemployment or services in states that can't afford it, tha...

Was by 2:00 that afternoon, 5 1/2 trillion dollars would have been drawn out of the money market system of the united states. would have collapsed the entire economy of the united states. and within 24 hours, the world economy would have collapsed. it would have been the end of our economic system and our political system, as we know it. >> my baby grand daughter is gonna pay for. >> it was sobering reality. >> it impacted me deeply. >> if you are an american and you care about this country, you need to see this fill . >> a lot of people call it the abyss. we were beyond the abyss. you have to...

Was by 2:00 that afternoon, 5 1/2 trillion dollars would have been drawn out of the money market system of the united states. would have collapsed the entire economy of the united states. and within 24 hours, the world economy would have collapsed. it would have been the end of our economic system and our political system, as we know it. >> my baby grand daughter is gonna pay for. >> it was sobering reality. >> it impacted me deeply. >> if you are an american and you care about this country, you need to see this fill . >> a lot of people call it the abyss. we were beyond the abyss. you have to...