have done in a time of divided government. the alternatives were much worse. the deal permanently ends the threat of sequester. it s gone. all the suffering that occurred because of the sequester is gone as well. this would increase defense spending to $738 billion for fiscal year 2020, 740 billion for the year after. the president says he supports it because there are no poison pills. he tweeted: budget deal gives great victories to our military and vets, keeps out democrat poison pill riders. republicans and democrats in congress need to act asap and support this deal. there is concern, the president, despite agreeing to and praising the deal, might back out. lawmaker said if the president gets upset possibly by the mueller testimony tomorrow, he could take the anger and back off the spending cap steel. some republicans, typical allies of the president, are not remotely thrilled about the deal. this deal is about as swampy
and served as an infantry officer during the first gulf war. he faces a host of immediate challenges including what to do about rising tensions with iran. while u.s. ships begin escorting tankers through the strait of hormuz, and turkey, which just bought a state-of-the-art russian defense system despite u.s. protests. is taking over a time at a time when the pentagon has a $738 billion budget but waning influence on the trump cabinet. advisor john bolton and secretary of state pompeo have filled the vacuum resulting in the absence of jim mattis who resigned in december. shepard: jennifer griffin, live from the pentagon. before you hit the beach, wait till you hear what might be in the water. a new report names the dirtiest beaches in america. we will have them for you and a live report from one of them come up next.
potential showdown to avoid a government shutdown. the two-year agreement was announced yesterday following several days of intense negotiations led by house speaker nancy pelosi and treasury secretary steven mnuchin. it is expected to clear both the house and the senate before lawmakers leave for their august recess. though it is likely to face considerable pushback from conservatives and budget hawks, under the plan the debt limit will be suspended until july 31, 2021 and automatic spending cuts that would have kicked in without a deal will be halted. the pentagon s budget will be increased by $22 billion up to $738 billion next fiscal year. the plan will also boost nondefense spending by $27 billion to $632 billion. while president trump is touting the deal as a victory it will
though, it s likely to face considerably push back from conservatives and budget hawks. under the plan, the debt limit will be suspended until july 21, 2021. t pentagon budget will increase to $22 billion to $738 billion next fiscal year. the plan will boost nondefense spending by $27 billion to $632 billion. a victory for democrats. that money will also have to cover extra census costs and a short fall in veteran affairs funding. the deal could be a major blow to the acting chief white house staff. according to reports, he has been largely sidelined by the talks of those who don t like the spening caps.
investments are, and a goddess nation of capital and the returns, and i think we ll be okay, but we should watch the scary money. and the u.s. and greece very different in many ways. absolutely. if you look at the relative position of the u.s. we re looking great as gary said. first of all, our currency is sovereign. we don t have levels of unemployment like we re seeing, for example, in spain. we don t have treasury draining corruption, in terms of job creation and in terms of raising revenues, our relative position is great. that doesn t mean we say hallelujah, but we also don t mean to panic and think what is happening in europe is going to happen here. toby, is the worry not so much the banks, but the big bank here, behind the bank, the fed, essentially? yeah, let s not forget that in 2008, basically, september 14th. we had our own bank run. we had 738 billion dollars, and we had tarp and everything else, so, we ve proved at that we could stop a bank run, but