Bill Deficit News Today : Breaking News, Live Updates & Top Stories | Vimarsana

That. some like somebody checking off the list of christmas things to buy. got to get us a compliment and here's the problem with this bill. it creates a $1.5 trillion deficit that's going to be on the shoulders of millennials like myself that's what makes this bill problematic and that's why they're going to have problems getting the votes they need to pass it. one was in particular that folks should watch for is john mccain who voted against the bush tax cut for that same reason and that it exploded the deficit. republicans have to find a way to even make this bill deficit neutral or faced d...

Jon? jon: i thought the worst of it was over for california? i thought they kind of fixed their budget problems? >> reporter: yeah, don't you wish. no, not at all. we have a $#21 bill deficit that -- billion deficit, and right now lawmakers only averted problems last year by using gimmicks. this year that is not an option. everyone expects big fights over deep cuts. here is a worst-case scenario laid out by several economists here. number one, the governor is hoping for an $8 billion federal bailout from washington. what if they say no? he also expects $10 billion in program cuts. what if lawm...