Page 33 - 87 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Scenario, would have required a two-thirds vote to override those decisions of the president. turns the constitution on its head, in my view, and i say that with respect to my republican colleagues. this is a dangerous world. you saw this morning, north korea, the tensions are there. the sent finals are spinning in tehran. one of these places could explode at any moment. we're going to have further cuts? we've already had $487 billion in cuts in defense taking place as we speak. >> steve: we're running out of time, but it looks to some like the republican party might actually have a winner on ...

Whole fear mongering over just a small cut after dramatic increases? why do you think he's doing that? >> it's part of that divide and conquer. he's trying to bait and switch. the deal is we want a 3% reduction, 3%. >> sean: 2.4. >> that's peanuts. you can do that. that's so simple. when i was in corporate america, the boss said we're going to have to decrease the budget 2.4% we'd all start dancing. (laughter) >> good to see you, thank you for being with us. >> thank you. >> sean: coming up, america's nanny mayor, michael bloomberg is now suggesting he'd like to take the soda ban state wide an...

Whole fear mongering over just a small cut after dramatic increases? why do you think he's doing that? >> it's part of that divide and conquer. he's trying to bait and switch. the deal is we want a 3% reduction, 3%. >> sean: 2.4. >> that's peanuts. you can do that. that's so simple. when i was in corporate america, the boss said we're going to have to decrease the budget 2.4% we'd all start dancing. (laughter) >> good to see you, thank you for being with us. >> thank you. >> sean: coming up, america's nanny mayor, michael bloomberg is now suggesting he'd like to take the soda ban state wide an...

Today for a special trial offer. after the korean war, the military budget fell by 43%, by 43%. after the vietnam war it fell by 33%, by a solid third. after the soviet union fell and the cold war ended the military budget fell by 36%. this is a pattern of military spending in america. it goes way up in times of war, but then, and this is important, it falls right back down after. in times of peace. now, over the past ten years, we have been at war and our spending has subsequently gone way up. i want to tell you these numbers because i think they're absolutely astonishing. in 2001 under pre...

Stating. first, under this president they made cut of $87 billion in ten years. this would be another one. if they don't adopt what we're talking about. another half trillion dollars. half trillion dollars would come out. coming out of the places where we can look at it from a military perspective and not just straight across the board. >> bret: it's how the sequester is implemented. not the number. >> right. that's right. >> roughly 2.3%. out of a giant pie. >> that is authorizing 2.3%. some of it is spent over many years. it's really about 1% of all federal spending this year. does anyone th...