welcome back, everyone. i m ayman mohyeldin alongside louis burgdorf. it s the bottom of the hour. let s start with the morning s top stories. president trump has formally submitted his 2020 budget to congress and it appears his promises to slash the government s debt will be easier said than done. he s proposing a $4.75 trillion budget with a focus on increasing military spending. the defense department s budget is to be boosted by $33 billion to $718 billion or more than half of the entire proposed federal discretionary budget. the plan also calls for $8.6 billion to be set aside for construction of trump s wall along the southern border with mexico. the budget would slash $845 billion from medicare over the next ten years. it would also remove $241 billion from medicaid over that same period. now the blueprint also aims to
involved when a budget like this gets unveiled. it s a policy document. it shows what the president wants generally but not likely to get passed. to get to your specific question some of the issues that would affect middle class and poor americans, cuts proposed in food stamps, cuts proposed on medicare and medicaid. and the spending reductions come at the same time that the tax cuts have been implemented. the government is getting less revenue from taxes while also reducing spending and that will hurt the deficit and debt over the next few years. jeff mason live in washington, d.c. stick around for us. we ll see you on morning joe . vice president mike pence met with dick cheney during a private gathering on sunday. according to the transcript obtained by the washington post their discussion turned into a vigorous back and forth over trump s foreign policy. at the closed door retreat
the union response today delivered a holy cow hint in which she said she might run, too, quote 2020 is definitely on house speaker nancy pelosi comes out against impeachment. she says trying to remove president trump would be so divisive that it shouldn t be used unless there s something overwhelming. plus a new u.n. report finds that north korea is evading sanctions designed to put out the money used to fund missile program. and we re learning the details of president trump s proposed budget. his plan calls for more defense spending and slashes billions of dollar from medicare. good morning, everyone. it s tuesday, march 12th. i m ayman mohyeldin alongside
we will run a trillion dollar plus deficit for the next four years. the wall street journal said it prompted the u.s. go increase its borrowing substantially. look, in the long term, deficits, can be detrimental. the u.s. can be in so much debt that it can t spend on anything else, including on medicare and medicaid. in the short term, most republicans or many of them who have traditionally, to your point, been deficit hawks do not see the political upside in standing up to this president whose policy seems to be spend, spend, spend, they think it s a good time to push for tax cuts, which they have been vying for. at this point when the president seems to be not caring about the
and prevention will suspend its flu tracking program. as for on medicare and medicaid, in the short they wereisrupted will still get treatment. the people who keep us safe will remain on the job. we re talking about law enforcement. the military, national security employees, the mail service will continue. and if you are traveling, air traffic control will still be on the job an t sa and customs and border protections will be on the front lines at airports and on the border. federal courts will remain open and so do veterans hospitals. but veterans looking to get benefits for the first time or file new claims will not be able to. passports would still be processed and empbassies still open. national parks are stilt opel o but no trash pickup. and in washington, d.c., all the