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gretchen: real estate guru bob massi tomorrow seminar from florida. register, rebuilding your dreams at foxnews.com. steve: bobby dean and maria in the after the show show. martha: sounding the alarm on america s spending problem. the non-partisan congressional budget office says we are in for a massive and unsustainable increasing deficit if we don t get a handle on entitlements. good morning. glad to have you with us. gregg: the cbo is saying it deficit will go down to $840 billion. that s the first time it will drop a trillion dollars under president obama. martha: but with baby boomers retiring at the rate of 10,000 people a day. entitlement spending is set to explode. stuart, as we pointed out, there is a lot of enthusiasm that we won t rack up a trillion dollar deficit. reporter: the headline was all about the deficit is going to be below a trillion dollars. that s great news. the bad news and there is a lot of it. the next 10 years medicare will cost $1 tri ....
retaken. i m george howell. i m fred pleitgen in england and this is cnn newsroom. hello, everyone, a church service for british mp jo cox is set to begin any moment now. she will be remembered at st. peter s church here which you see behind me and cox s murder briefly halted the political back and forth that has enveloped this country for months. and now the campaigns are being resumed and we ll have a live report on this. a little bit more about the service here. it is the latest in a constant stream of events honoring the late jo cox and i was able to go inside the church you sigh behind me and there s an altar to honor her there. there were some letters put there by many children between 9 and 10 years old. apparently, she visited a school here in her district two days before she was murdered and the children there writing letters saying that even though she had this position of superiority as they called it, of course, being a member of parliament, they f ....
now plague a sitting democrat in the senate and a maverick republican campaigning to join the club. but none of that is derailing gop efforts in congress to rework the tax code in time for the christmas holiday, which is where we start. so after passing a tax bill in the house this week, republicans in the senate are ready to vote on their bill after thanksgiving. while the bills do differ, they both dream up all kinds of accounting shenanigans to come under a $1.5 trillion price tag. that s important because that s the maximum amount a republican tax overhaul can add to the deficit over the next ten years without causing republicans to have to reach across the aisle for democratic support because they need more votes. now, one new controversial amendment repealing the obamacare individual mandate. that would free up $338 billion, which would help pay for these tax cuts. but it could also push 13 million americans off health insurance and increase premiums by 10% a ye ....
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