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And of course it doesn t really change the nation s expenditu s expenditures, just says to the states you go ahead and do it and if the states want to keep the program going, they have to raise the revenues themselves. otherwise they have to cut services. and putting a lot more pressure on governors. but the bottom line, could this budget actually reduce the national debt which is another thing that the president has repeatedly vowed to do? the answer to that is a firm no even by their own numbers. what they have said is that budget is going to be revenue neutral which means it won t change the deficit or the debt. jared bernstein, great to have you this morning. thanks so much. well, the two blows this week to the president s latest travel ban, what it means for the future of the executive order. we ll check in with the a xrchlt lu in our next hour. but first, the tough sell for republicans at their town halls from health care to the new budget. are what can you tell me th ....
Policy changes, margaret thatcher would say you have to win the argument, then you win the vote. the country has to understand what is the vision of the president. he does have some capital to say that washington you know, he talked about draining the swamp, that these federal bureaucracies don t work. i don t think he s communicated that well enough to the country. the budge is dead on arrival. this budget has no chance of passing in its current form. they re not going to make huge cuts from epa or state department even though frankly i wish they would. what i wish they wouldn t cut is nih, which work on things like alzheimer s, which is a multitrillion-dollar program, and diabetes, which is a trillion-dollar problem. if we can solve those kinds of problems, not only can we end human suffering, it has huge impacts on budget tss. these headlines come at a cost. they re taking a huge pr hit. ....
soeems like we re having audio reporter: so dara, good morning. vice president mike pence will be here in jacksonville florida at this paper supply company. he will be speaking to a small group of business leaders, job creators in this community. can you hear me okay? it seems like we re having an audio issue. i can hear you fine. but we ll come back and try to revisit it. we re having an audio problem here. thank you. meanwhile, on to capitol hill where lawmakers from both sides of the aisle are airing their concerns about president trump s proposed budget which slashes fundinging for environmental and agricultural programs while upping defense spending. this budget is not a statement of values of anyone that president trump has shown that he does not value the future of our children and ....
Working families. i can t see how this unlg about either can survive the light of day. let s bring in jared bernstein. great to to have you here this morning. so dyou agree with congresswoman pelosi, can this budget be implemented as is? i agree with her, i don t think it can be. not just because of course it s not going to get any democrat support. you can pass a budget on something called a budget resolution where you only need republicans in the senate. you can avoid the filibuster. but you have too many rps say g republicans saying that the budget cuts too deeply into key functions of the budget. i ve enheard military officials on the republican side, general mattis says something to the effect of if you re going to cut diplomacy this deeply, you need to buy more bullets. and that is not a smart way forward. and you re a numbers man. what were you surprised about most in this budget and which ....
Those on the ground, they don t like what they re hearing. the big winner in the trump budget is defense which gets a 10% budget bump. what would that money go to and does defense need it? about. you know, you used the word exactly. you won t get exactly out of this budget. it s just top linenumbers. the important question that even democrats are failing to ask enough is does defense really need a $54 billion plus up. now, that takes our defense budget to over $600 billion a year. that is more defense spending than the next seven countries combined who spend as much as if you rank folks by their dwensd defense spending. and russia spends $50 billion a year on defense. so what russia spends a year is less than the requested plus up in this budget. now, i m not saying that the defense department doesn t need to be well funded. of course it does. but we need much more scrutiny as to whether these numbers make sense in that regard. and those are big numbers. ....