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Their goal was to come up with a deficit reduction plan. The process was under the budget control act, which ultimately passed, they set in motion a system called sequestration. The idea was if these 16 people could not come to an agreement on a way to reduce the deficit, there would be automatic budget cuts put in place. The budget control act as a 10 year duration. It expires after 2021. Right now, if we dont by statute increase the budget levels that are part of the budget control act, we will face cuts in the next fiscal year of about 125 billion. Relatively equally allocated against the d...

Gas involving nordstrom. Lets turn to shawn donnan in washington. We are President Trump saying they will have to do a deal but the Chinese Government is in no rush. Theres a consistent theme out of china that they are ready to ride out this trade war and ride out the pressure from donald trump. President trumps approach seems to be to continue to raise the pressure on china. That is an effort to back xi jinping, his chinese counterpart into a corner. The view you here in china is that is a misreading of chinese domestic policy, and that is in a position that makes it even less likely you woul...

Wrong. Plus President Trump says hes would listen to dirt on opponents from foreign countries. Democrats slamming them for those comments but havent we seen this already from someone on the left . All that and so much more on making money. Charles millions of people feel that capitalism isnt completely fair especially when it comes to Economic Issues like opportunity, wages, the ability to prosper in a nation where only 3 things really have been for certain, debt taxes and the higher cost of living, now, Bernie Sanders has tapped into some of the stuff, people would be delighted to pay more in...

Contenders stand tonight. Im blake berman in for elizabeth macdonald. The evening edit starts right now. [ ] blake we begin with the 2020 election from President Trumps point of view. If russia or china were to give help, the president said hell be all ears. This involves the president s top spokesperson. Edward lawrence is live on the north lawn with the latest. We are talking about usmca. He wants the House Speaker nancy pelosi to bring usmca for ratification. Nancy pelosi formed a working group of democrats to renegotiate the deal. The u. S. Trade representative said the deal is already fin...

In the month of may while chinas industrial output falls to its slow pace since 2002, and President Trump says the attacks on the oil tankers in the gulf of oman have irans fingerprints all over it. Iran detaining 23 crew members of the attack on the norwegian ship. Those sailors remain in iranian custody, no indication of what the next steps are. But the u. S. Military issuing a videotape showing irans revolutionary guard removing an undetonated mine from one of those tankers. And acting secretary of defense patrick mad dog shanahan would not mention iran by name when addressing what he calls...