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You previously appropriated. congress then has 45 days, congress, both the house and senate, have 45 days to approve this rescission proposal from the president, otherwise the money must be spent as originally appropriated. at this point, there's probably not enough time for congress to deal with this before the 45 days runs out. >> how could the president be furious about this? he signed it. >> you remember, he was fuming, he almost didn't sign it -- >> but here's the thing. it doesn't matter if he was in a bad mood or not, he signed it. >> well, that's my point, which is the right time to ge...

You being with us. you put together that exemption for mexico and for canada. you get to 25% of the imported steel into the united states is now exempt from these tariffs. are you okay with that? you're for the tariffs. are you okay with the carve-outs? >> yes, canada and mexico are our allies and i trust the judgment of wilbur ross and the trade ambassador. the big problem here is china has with its government-owned steel companies has overproduced for 20 or 30 years and conducted a trade war against us and we're responding. leland: i get the china argument. china represents a whopping 2.2% o...

Tariffs. let's see. none of us have a crystal ball with what's going on inside his head. but trump as the american president is not a supreme leader that gets to make all the decisions, the way xi jinping or putin are. that constrains the ultimate decisions. >> i'm sure you saw wilbur ross this weekend. let's listen to a sound bite from him. >> as to the idea of retaliation, sure they may well be some sort of retaliation. but the amounts that they're talking about are also pretty trivial. it is some 3 billion odd dollars of goods that the europeans have threatened to put something on. in our s...

The president talked about a cost estimate of $4 billion last year. a billion dollars worked its way into the deal. in washington it's considered a rounding error. we'll do a little more digging. >> sandra: john roberts. thank you. >> bill: at big story. an hour from now one of the president's closest aides, communication director hope hicks will testify behind closed doors for the house intelligence committee. one of those inside the room is with me now democratic congressman eric swalwell is here. thank you for coming back today. first question, hope hicks, what do you want to know? >> we do...

>> if he cares about money, if you care about money, congressman, is anything a rounding error, $20 million, who cares we are already running up the debt so much? >> when you have the kind of insolvency risk america faces, everything is important, and you have to prioritize, would you rather spend that on ammunition or weapons for soldiers risking their eyes or rather spend it on parade. personally i would rather spend it on the things that help train our soldiers, make them better war fighters and empower them to win with minimal loss of life when we ask them to go foo combat. these my prefer...