thanks very much. i want to talk about the budget blueprint most of you know president started speaking about this morning with the governors, talk a little bit about what it is and what it isn t, and then talk about where we are in the budget process and what it looks like from here. first of all, what this isn t. this is not a full blown budget. that will not come until may so you re not going to see anything in here that has to do with mandatory spending, entitlement reforms, tax policies, revenue projections or the infrastructure plan. this blueprint was never going to be that as i made clear during my senate confirmation. it say top line number only. as for what it is, these are the president s policies as reflected in top line discretionary spending. to that end it is a true america first budget. it will show the president s keeping his promises and doing exactly what he said he was going to do when he ran for office. prioritize rebuilding the military including restoring our n
he did was ethical, legal and transparent. phil, let s talk about this, congressman mulvaney confirmation talking about budget, i understand this is the context about crowd size? walk us through that? it was an unexpected twist on a hearing at least up to that point has been two hours of charts, numbers, talks about entitlement reforms and future of sbientitlements and then pho of the 2009 inauguration and 2017. i have two pictures in 2009,
you heard reince say we re not going to have a registry based on religion but the mere fact it s about and something that some of his prospective cabinet members are advocating. i think the down sides of that will be readily evident and others in the government who will push back and he would obviously have to gain the approval of congress to do something like that. and you re talking about the reality of having to govern versus running a campaign and if you look at a whole host of issues, the president-elect trump talked about during the campaign, he seems to be moderating on some of them. entitlement reforms, mass deportations, he said he would deport 11 million and now he said we ll deport the criminals. and nato, wavering a bit. the wall with mexico, the biggest one and now saying, we ll be okay with a fence. is this a part of the typical moderating that happens once you assume office or something different going on here? two observations.
people get excited. it needs deep fundamental reforms. it needs the entitlement reforms, tax reforms, regulatory reforms, immigration reforms that would generate the kind of growth we re use ed to in the post war. something that looks like 3.2%. something with a standard of living doubles during someone s working career. we re not on track to achieve any of that at the moment. good to have you on the program. thanks so much. thank you. we ll see you soon. doug holt aiken. we re highlighting the advancements in treatment of disease next. the ceo of the american heart association on how far we have come in treatment and the next big breakthroughs for our health. we re looking ahead this morning on sunday morning futures. i built my business with passion. but i keep it growing by making every dollar count. that s why i have the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy for my studio.
issue. what was the argument that it would make season to get this done? reporter: john mccain wanted more money for the mitt. avoiding a debt crisis. the budget agreement is through two years and will ray the debt ceiling through march 2017. it will rate the spending caps by 80 bi. it august of some long-term entitlement reforms to the social security disability program. president obama said this agreement i a reminder that washington can still choose to help rather than hinder america progress and he look forward to signing it into law as soon as it reaches his desk. martha: it s hard to manage a personal finance expert saying yes, i think you should continue going deeper into debt the next