the making if this became law. reporter: the state department said it would sufficiently fund security operations around the world. mitch mcconnell said he expects the congressional budget writers and lawmakers on both sides will basically ignore the cuts that the white house has in store for state department and foreign aid. back to you. sandra: rich edson, thank you very much. all right. let me remind everybody before we introduce our panel. the federal deficit is approaching $20 trillion and the government has to tighten the purse strings to stem the bleeding. here s the current situation. the government is spending $4.2 trillion, but it s only bringing in $3.9 trillion. that s economics 101. don t spepb more than you bring in. president and founder of the new democrat. former campaign adviser for president bill clinton. max sclapp former white house political director for president george w. bush. matt, it really is that simple.
promises. the problem is the budget writers in both houses are republicans who don t like this. greg, he did not keep the promise to get rid of the national debt in eight years. he would balance a budget. he knows thousand do that. he knows that better than anybody else. he can mix can fix it and make happen. people on the left are horrified by what this says. people on the right are saying this is the big pile of money. this is one reason to bring it back to the markets which i follow. one of the reasons interest rates are going up because the deficit is going up. nothing in the budget that will significantly reduce the deficit. hard choices. nobody makes the hard choices yet. you think there are hard choices in this budget? wait until we have to get rid of the deficit. and i want to talk about the white house later today. the meeting with trump and
$61 billion. we think that is the way we ought to go. we are still waiting really for the senate to give us a concrete offer. so i think the negotiations are good. i hope we can avoid it as speaker boehner said our i m is to reduce spending, not shut down the government. our friends on the other are side of the aisle haven t done their job last year and so far haven t done this this year. shannon: the white house said in a statement it is encouraging the two parties not to get into idealogiccal debates where you are trying to iron out funding. are you worryd that many so of the issues may be a stall, things about funding planned parenthood and the epa and other issues along those lines as well? oh, absolutely. i think that that is a nonstarter to have these budget writers be a part of the debate. i think there is a lot of low hanging fruit that people are ignoring with respect to reducing the deficit and even reforming the entitlements