2. 6 of gdp, the lowest level since 2007. That is down slightly from the fiscal 2014 deficit of 483 billion. Cbo also now projecting Economic Growth of 2. 8 for 2015. The big picture here for investors for now is that deficits are way down since the financial crisis and stable as a percentage of gdp but only for a few more years according to the cbo. Then without any big changes to taxes or spending especially in entitlements deficits start to grow again as a percentage of gdp, hitting 1. 1 trillion in 2025, a decade from now and 4 of projected gdp that year. Debt will pile on debt, creating quote, serious negative consequences for the economy and policymakers eventually heightening the risk of a fiscal crisis. Melissa. Melissa peter, all right the numbers are so big they might as well be in pesos were up to our debt in eyeballs. Isnt that what he just said . Lets bring in our very own Charlie Gasparino Dan Henninger editorial page director wall street journal. Lis wiehl is here fox ne
Melissa the plot to bomb the u. S. Capitol in the name of isis foiled by the fbi before it could be carried out. 20yearold Christopher Lee cornell was on authorities radar for months. He was post about violent jihad on social media and researching how to make a bomb. Then he made the move that prompted agents to act. He bought two m15 rifles with hundreds of rounds of ammunition. Here now steve moore from the heritage foundation. We have jack hough from barrons. Simon constable is from the wall street journal i feel like were reading about a new Something Like this attempted attack every day. Kudos to the Obama Administration for foiling this. It didnt get enough attention in washington, d. C. Where i woke up this morning before coming to new york. It was buried in the newspaper. This is big story a terrorist attack in our capitol city. I rarely say good things about obama, but this is job welldone. Is it crazy or whoever they say it is will say they do it in the name of isis . Im not
Reprimanded and told i was quote, disrespecting the office of the president. That chilling behavior actively helped architects like Jonathan Gruber maintain what gruber calls, quote, a lack of economic understanding among American Voters. The response from you, to fridays show has been overwhelming. 1. 8 million of you have seen the video on my facebook page, thousands of you sent me your support. Via facebook and twitter. You have liked and followed me and i thank you. I really appreciate all of it. The response from cnbc though can only be described as glib, condescending, actually bizarre. In a comment to the New York Post cnbcs flak made a reference to their prime time programing and added, they are quote, always on the lookout for high quality comedy writers and actresses. So for anyone deciding which Financial News channel to watch, know that cnbc is on the lookout for comedy writers and actresses. For their business channel. Here at fox business, we are on the lookout for your m
Melissa president obama sitting down with top players in congress are to the First Time Since the midterms. He opened the meeting telling lawmakers there are plenty of areas for cooperation. Were in a position to make sure that 2015 is an Even Stronger year. The key now is for us to work as a team to make sure whether we build on this progress. Melissa but actions speak louder than words. The obama minute has now issued five veto threats, just one week into the new congress. Here to discuss all of it, Charlie Gasparino was supposed to be here the but i see a blank seat where he is. We do have david asman who, is very valuable, more than makes up for it. Jamie richardson, white castle vice president. Thanks to the two of you coming down here. Do you think charlie is doing pushups somewhere orful ups . I think he is inside the beltway trying to give advice to the president how to cooperate with the republicans. Melissa well that is a tough sell. Not. Melissa that is a tough sell. I dont
Indicates the eagree to which whatever degree to which whatever ideology theyre operating off of it is bankrupt. Were here to talk about how to make people healthier and make their lives better. And this organization appears only interested in death and destruction. Melissa here to discuss rich lowery, editor for National Review and Fox News Contributor. Jack hough is barrons senior editor. Monica crowley opinion editor at the washington times. She is also a Fox News Contributor. Wow, you know, it just continues. You look at the president s response. He says this ideology, whatever it may be, still not naming it, still not, monica. What is your impression . I was stunned to hear the president. We know he had his difficulties actually expressing what this enemy is and idea today, after this whatever their ideology is. Everybody knows what their ideology is islamic suppression, requires conquering infidel land and that is what isis. Doesnt what president obama thinks about islam, it matt