Executive orders and aoc referred to one of them. they want the 1965 education act, they want to cancel $165 billion of student debt because she says the young people are not enthusiastic about voting for democrats we have to spend billions of dollars of the taxpayer money using authority that doesn t exist, the assistant deputy counsel for the department of education says nothing to do, does not get the power to the president to decide to spend $650 billion but that is the kind of thinking these people have. we can t get it done by law so let s get rid of democracy and we will just have the president impose these things on top of every american by using his executive pan. residents have executive authority but they don t have
Requirement, but people on welfare either requiring 20 hours of work in a job, job training or community service for people who are on public housing, food stamps or medicade. the big ticket budget item is the defense. $750 million for overall military spending. the big controversy there, $165 billion of that will be in what s called the overseas contingency operations budget, which is off the book, which really means the white house has long latitude in how it spends that money. there are concerns that a bunch of that money will go to a border wall. dana: we ll be back to you. thanks you. as we wait for that white house news conference, we ve got some brand new polls as democrats gear up for 2020. joe biden and bernie sanders leading the pack, with biden, who has yet to enter the race. top contender among caucus goers in iowa. national poll showing similar numbers. amy stoddard columnist for real
Issues here is that about in the defense budget, $750 billion, $165 billion of that is called the overseas contingency budget, which is off the books. there are a lot of critics that say the president may be putting a lot of money into the oco budget as its called to back fill money that he s taking from other areas of the military to build the wall. so i put that question up. listen here. there s concerns by some budget watch dogs that money in the overseas contingency operation will build a wall on the southern border can you allay the concerns that the money will not be used to be build a barrier? we have not used any money for the completion of the wall. we do have emergency spending that we devote to it and we
Billion. the fact that $165 billion of that will be in the overseas contingency operations fund, which is an off-the-books thing that is not subject to spending caps. a lot of people are worried the white house may use some of that money in the oco budget to back fill money that is being used from the military budget to build a border barrier. i asked the omb director about that today. here s what he said. we do not request any oco money for the purchasing of the completion of the wall. we do have emergency spending that we devote to it. we continue to continue the military rebuild by asking for what is necessary to complete the wall. just to let you know, he called it the over seas counter insurgency operation. the democrats didn t like this.
Able to accumulate as much in needed income or wealth. and then we ve seen these companies that have gone stratospheric enrich the founders in ways we ve not seen since the gilded age where someone like jeff bezos and i m not calling him out. he created jams, an enormous amazon, an enormous company, and because of the stock price he s worth $165 billion. we ve seen more wealth concentrated in fewer hands. but at the bottom, we ve seen not as many keep pace with the cost of living over time. speaking of bezos and amazon, they say they are, quote, pretty firm on their decision to pull out of their deal with new york city. why did amazon bail? are they losing anything by walking away? i don t know if amazon is. i think new york city is. the queens, long island city and queens would have benefited from the 25,000 jobs that would have been created over 15 years that would have averaged $150,000 in annual pay. i think the opposition from local politicians may have been