Roll. meanwhile an aide of gabrielle gi giffords is out of the hospital. she joked that it was worth being shot to meet the president. with did he will take, you set the price that you d be willing to accept to get bumped. it s a cost cutting move. delta hopes it will cut down on the number of voumer it is gives out. the national retail federation says holiday sales rose to $462 billion. that s the biggest percentage gain since 2004. retailers hit the right price points. john king joins me next with updates on the whole brooke mhol service.
Of his speech tomorrow night to a joint session of congress. good evening to you, sandra. the president announcing this morning of the national governors association at his intent is to ask congress for an additional $50 billion in funding for the department of defense. that would put the total budget for the dod at 603 million and the rest is the discretionary budget, this is for spreading outside of medicare and social security and medicaid. about $462 billion. it really means that he has to sharpen his knives at the omb advice and pretty dramatic cuts, about 12% across the board. the president during the campaign made no secret about his concern about the military. you might remember how the u.s. air force was having to cannibalize aircraft to keep some of the other one flying. president trump often lamented about the shrinking size of the navy. he plans on following the reagan doctrine of peace through strength. he wants a military that no other nation in the world would
Both parties agree to last week. that step alone will save us $750 billion over 12 years. well, there is a little bit fuzzy about that math. here is why. $38.5 billion times 12 comes out to only $462 billion. i m not sure how mr. obama came up with $750 billion. fuzzy math i guess. number two, cut defense. the president applauded $450 billion in defense cuts in the last couple years and said he can make the savings again. do i need to remind you about libya, iraq, afghanistan, al-qaeda, taliban, shoe bombers, underpants bomber, mailbox bombers. cut spending now? are you sure? number three. obamacare. the president says his healthcare law is going to reduce, reduce the deficit by $1 trillion.