Reforestation. Interactive content teaching the next generation of the fundamental protection. Using channels available to inspire people to take action and more determined to build something here for the next generation. Sfi environment series of global 3000 on t. W. And all mine. Broken promise from the white house tax cuts and increased spending had supposedly propelled growth to 3 percent in 2018 but a recount shows it missed the mark. Also on the show the u. S. Justice Department Approves the merger of t. V. Vile and sprint bringing together the 3rd and 4th largest wireless operators on the global rate to build super fast 5 g. Networks. And talk about temporary housing we visit workers now living encounter of an Community Close to their jobs. This is a business im on in berlin welcome us growth failed to live up to Donald Trumps promises of a 3 percent gain last year the government says the world the biggest economy grew more slowly in 2018 than previously thought the Commerce Dep
The race to build super fast 5 g. Networks. And talk about temporary housing we visit workers now living in camper van communities close to their jobs. This is the business im on in berlin welcome u. S. Growth failed to live up to Donald Trumps promises of a 3 percent gain last year the government says the worlds biggest economy grew more slowly in 2018 than previously thought the Commerce Department downgraded its estimate from 3 percent to 2. 5 percent the overall trajectory is upwards and Consumer Spending is buoyant but lower spending on buildings equipment and software led to a downgrade analysts believe the trade war with china created uncertainty. And its probably doing so still and joining me now in the studio is our Business Reporter Clifford Coonan and our man on the markets. Welcome to you both now both on the east lets start with the u. S. So trump has argued that his tax cuts and increased spending would be enough to propel the growth to the 3 percent mark but that hasnt h
Would kill Consumer Spending by 200 billion, right. So lets not raise taxes. And in addition to all of this, the joint chiefs of staff is apparently drawing up plans to keep 10,000 u. S. Troops in afghanistan past the 2014 deadline. This break a president obama promise, but some promises are made to be broken, and i think this is probably a good move. But first up congress back at work tonight after the holiday recess with now just 35 days to go. Are we any closer to a tax and fiscal cliff fix . Cnbcs own chief washington correspondent john harwood joins us now with all the details. Good evening, john. Reporter good evening, laurie, and i think we are getting somewhat closer, and the white house would count it as good news that you found common cause with their report on the impact of fiscal spending. Lets talk for a moment about whats happened on the fiscal cliff by the numbers since that early constructive meeting with the congressional leaders and the president. The numbers are all