we ll look at some presidential errors. also, unreal and overoptimistic. for the nhs and welfare state if britain leaves the eu without a trade deal. that s the opinion of the former prime minister sirjohn major. and the greek economic crisis it goes from bad to worse, we ll speak to the former greek finance minister yanis va roufakis. i m katty kay in washington christian fraser s in london. big increases in defence spending offset by cuts to domestic agencies and the state department that s what president trump wants from his first budget. he s promised one of the greatest military build ups in american history , and briefings by the white house suggest the increase could be more than 9%. also today, the defence secretaryjim mattis is due to deliver his plan for defeating the self styled islamic state group. this is what donald trump had to say earlier about the military. we must ensure that our courageous servicemen and women have the tools they need to deter war, a
Buying online. those are some ways to help you save money today and tomorrow. it s been a solid year for the economy. we ve seen the economy growing very strong increase in jobs, all sorts of wonderful good news. consumer confidence is up. is that going to play a big role when we look back this year? consumer confidence is at a 17% high. american saving rate is very low and that s seen as an optimistic sign in the economy. in november $462 billion was the household saving rate. it sounds high but it s the lowest number since august 2008. people are spending. they re still saving but not like they used to because people are very confident right snow. thank you for joining us on this last-minute christmas tips before people head for christmas day. i m laughing because i told my wife that i missed getting her something and he said you can always go shopping right
Of his speech tomorrow night to a joint session of congress. good evening to you, sandra. the president announcing this morning of the national governors association at his intent is to ask congress for an additional $50 billion in funding for the department of defense. that would put the total budget for the dod at 603 million and the rest is the discretionary budget, this is for spreading outside of medicare and social security and medicaid. about $462 billion. it really means that he has to sharpen his knives at the omb advice and pretty dramatic cuts, about 12% across the board. the president during the campaign made no secret about his concern about the military. you might remember how the u.s. air force was having to cannibalize aircraft to keep some of the other one flying. president trump often lamented about the shrinking size of the navy. he plans on following the reagan doctrine of peace through strength. he wants a military that no other nation in the world would
Tation care of vets and increasing school choice. it is all of that without adding to the currently projected fy 2018 deficit. the top line defense discretionary number is $ a $54 billion increase. it s also the number that allows the president to keep his promise to undo the military sequester. the top line nondefense number will be $462 billion. the president is keeping his promise. he has been doing exactly what he said he was going to do. it reduces money that we give to other nations. it reduces duplicative programs and eliminates programs that simply don t work. the bottom line is this. the president will protect the country and do so exactly in exactly the same that every american family will do over the last couple of years, and that s compromise spending. the schedule from here.
Care of vets and increasing school choice. all of that without adding to the currently projected fy 2018 deficit. the top line defense discretionary number is $603 billion, that s a $54 billion increase, it s also the number that allows the president to keep his promise to undue the military sequester. the top line nondefense number will be $462 billion, that s a $54 billion savings. it s the largest proposed reduction since the early years of the reagan administration. the reductions in nondefense spending follow the same model, the president keeping his promises and doing exactly what he said he was going to do. it reduces money we give to other nations t reduces duplicative programs and eliminates programs that don t work. the bottom line the president will protect the country and do so in exactly the same way that every american family has done over the last couple of years, prioritize spending. these numbers will go out to the