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Detailed text transcripts for TV channel - CNN - 20171218:23:34:00

Cuts. if those are extended, that will add another $2 trillion to the debt. and if you look at what congress has to do this week, in trying to repair sequester in dealing with disaster funding, in dealing with funding for c.h.i.p., as well as other tax extenders, that could add almost another $1 trillion to the national debt. so we are on the path towards a national debt that could very well reach 100% of gdp. which would really be a disaster from a fiscal point of view. certainly would be. all right, mr. secretary, as usual, thanks so much for joining us. really appreciate it. you re welcome. just ahead, we ll get an update on that deadly train derailment as ntsb investigators are now rushing to the scene. and we ll also talk more about the president s new national security strategy and whether it s at odds with his personal views when it comes to russia. ....

Disaster Funding , 2 Trillion , Tax Extenders , 1 Trillion , United States , Point Of View , Is On Scene , Train Derailment , National Security Strategy ,

Detailed text transcripts for TV channel - CNN - 20171214:20:33:00

Statement they will waive pay go, right pay go requires mandatory cuts across the program. this is what they said this will not happen. congress has readily available methods to waive this law. there is no reason to believe that congress would not act against to prevent a sequester and work to make sure. so their point it has been triggered 16 times, never implemented, so why do you think this time would be different. because they spent the last year lying to the american people on this specific bill, brooke, they said it would be deficit neutral. even the dynamic scoring says ....

Pay Go , Brooke Baldwin ,

Detailed text transcripts for TV channel - FOXNEWS - 20171214:12:07:00

Help america to grow. when government loosens its grip, there is no summit we cannot reach. my fellow citizens, let s not let this magnificent moment slip away. if you make your voices heard, this moment will be forever remembered as a great new beginning. the american dream belongs to you. and we are going to make the american dream, and that s the real dream, that will be the dream that you want for your children and your grandchildren once again. brian: one of the mistakes they say the reagan tax cuts made was delay. they didn t hit right away. so a lot of people said okay, where s the benefit? where s the benefit. what happened was the benefit came as all the taxes kicked. in i think this president realized that. that s why the senate s initial decision on delaying the corporate tax deduction for a year, that had to go. steve: well, but also it is tied to the sequester. you can only have tax cuts up to 1.5 trillion. if they kicked in this year rather next year, it would h ....

The American Dream , Brian Yesterday , Ronald Reagan , Tax Cuts , Tax Deduction , 1 5 Trillion ,

Detailed text transcripts for TV channel - MSNBC - 20171208:15:38:00

Making sure the military is funded, the responsibilities we have are continued, so we expect it will have a continued funding of the government. so the government is going to be open in two fridays. but let me ask you about the negotiations to get there. in my reporting from the white house meeting yesterday with nancy pelosi, chuck schumer, mitch mcconnell, paul ryan, talking to folks on the hill and inside the white house, not a ton of the progress other than agreeing to the conversation. you have a long way to go in 14 days. well, let me tell you where i think we are. we have agreed to in essence have a two-year budget deal. we have agreed to break the sequester and agreed to where we are on defense spending, but we have not agreed on the non-defense spending angle. keep in mind, congress should pass the appropriations bills by september 30th. the president is here trying to bring the parties together because we are now close to christmas eve without yet having congress actually ....

White House , Nancy Pelosi , Chuck Schumer , Mitch Mcconnell , Folks On The Hill , Paul Ryan , Donald Trump Jr , Defense Spending , Appropriations Bills , Budget Deal , Spending Angle , September 30th ,

Detailed text transcripts for TV channel - MSNBC - 20171208:15:39:00

Goes up. where is the white house s red line on that? the white house supports the position that house republican and senate republicans have, if we are going to break the sequester, we should break it at the levels it was before. so it s not what democrats are asking for is a position of saying, if you re going to add $54 billion or some hypothetical number to defense spending is $54 billion what it is? in essence, if you break the sequester and goes to where the senate republicans are, there s additional funding yet to spend. have you been negotiating on that? we have been negotiating on that and where we believe we are, in order to make sure we have what we need for the military, which is what secretary mattis spoke about yesterday we are in the situation room to say we are having this it s not just a north korea problem, it s a serious north korea threat to our country. but it is also the continued cr s meeting that the pentagon doesn t have the ability to h ....

White House , United States Senate , Red Line , Defense Spending , 4 Billion , 54 Billion , Pentagon Doesn T , Situation Room , North Korea ,