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Actual $16.4 trillion debt it's half of one percent. its kind of hard to figure out if you're trying to stop all the red ink what they are going to do. this year's annual deficit is estimated to be $850 billion. if you like to look at it that way $85 billion in cuts would be only clearing out about 10% of this year's shortfall. jon: thank you for breaking down the numbers for us. what a country. carl cameron in washington. thank you. >> reporter: lots of red ink in it. jenna: new troubles for boeing as it now warns airlines about the next generation of 737 aircraft. we've heard a lot about thi...

Sort of order life-and-death decisions. >> right. but we also understand when it comes to making war, war is best conducted by a president. that's why the president is vested with extraordinary war powers. by the way, this is done with the authority of congress. this is not president obama sitting alone doing this. he is pursuing the law. >> because the congress can't see the legal document on which this is based. jon: the arguments left and right still go on. it is really a fascinating discussion but again i think the media treatment of the two presidents is very different. >> totally differe...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.