Has banking reform gone far enough . In bratislava without britain. E. U. Leaders gather to discuss the future mine us the u. K. How united is it . Lets try and answer that question. In bratislava e. U. Leaders are gathering, the first meeting in more than four decades without the u. K. What are we going to get today, caroline . A desperation guy to show some unity as we see the e. U. Being ripped from its very core. We have the likes of Angela Merkel saying this is a question of war and peace. This is a fight for the e. U. s very existence. Can they come together and decide whether the response the brexit is more e. U. Integration or less, guy. Guy that is the big question. Were less than a halfhour away from the market open. Lem show you whats happening. Lets start off, you click the futures box here, you get the mixed price. At the moment America America is softer this morning. Looks like were going to see a softer start. One of the reasons were going to be paying attention to marke
The Obama Administration and the Prime Minister. Today, whether the Budget Committee can come together, we will have more details. Before they gavel in we want you to weigh in on this debate in washington. In the face of National Security threats from isis and others around the globe, should the pentagon budget be increased . The numbers are on the screen. You can also send us a tweet you can go to facebook, and also send us an email. The phone lines are open. Before we get to your thoughts, molly otoole from defense one joins us to talk about this. Gop hawks want to use defense for funds to skirt this. What does each chamber want to do and what has the president opposed . Proposed . Guest the house and senate have very different approaches. The house released their proposal on tuesday. These are nonbinding medical agreement, but any russian of but are an expression of priority. The house proposed 523 billion for defense, which adheres to the level set in fiscal year 2015 and the budge
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to try to balance the budget by cutting spending during a recession is to increase unemployment, it s to guarantee that every recession becomes a depression. just look at what s happening in germany which is in pretty good shape until they elected a government that enacted austerity, tried to balance a budget, their economy is tanking. the same thing in great britain. the second point i want to make is that when we talk about balanced budgets in the states, they have a separate budget for opering expenses and capital budgets. here this balanced budget amendment would say we should never borrow money for everything. the federal government should never borrow anything. that s insanity economically. that means we have no money for our bridges, roads, etc. third, this amendment would say if we couldn t reach agreement, if we couldn t pass a balanced budget, the courts would have to decide which taxes to raise taxes and which programs to cut. we should not be giving the courts suc
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