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Transcripts for MSNBC First Look 20191028 08:54:00

Since 2012. during trump s time in office the deficit is up nearly 50% due in part to the president s endorsement of big spending policies. the current state of the u.s. economy largely contradicts the president s campaign promise to eliminate the federal debt within eight years. treasury secretary steve mnuchin commented on the new deficit figure saying quote, in order to truly put america on a sustainable financial path we must enact proposals like the 2020 budget plan to cut wasteful and irresponsible spending. an upcoming book on jim mattis s tenure as secretary of defense claims president trump told mattis to screw amazon out of a $10 billion cloud contract for the pentagon. the joint enterprise defense infrastructure contract was awarded to microsoft on friday evening sending its stock up 3%. the contract is capped at 10 billion over the next ten years. if it ends up being worth that much it would likely be a bigger deal to microsoft than it would have been to amazon. the accou ....

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