DAVID: MEMBERS OF HOUSE
REJECTING PRESIDENT TRUMP CALLS
FOR BUDGET CUTS, VOTING FOR A
SPENDING BILL THIS AFTERNOON,
WHICH WOULD NEARLY AVOID ANOTHER
GOVERNMENT SHUT DOWN.
HILLARY VAUGHN JOINING US FROM
CAPITOL HILL.
WHAT IS IN THIS MEGA-BILL?
REPORTER: THERE IS SOMETHING FOR
EVERYONE.
THAT SPEAKS TO WHY IT IS OVER
1.3 TRILLION, SPENDING PACKAGE
PASS BY HOUSE TO BE PASS BY
CINAT THIS WEEK.
TO AVOID A GOVERNMENT SHOUT DOWN
TO HAPPEN FRIDAY, IN THE
PACKAGES, REPEAL 3 DIFFERENT
OBAMACARE TAXES, MEDICAL DEVICE
TAX.
TO TAKE AFFECT IN JANUARY.
A TAX ON HEALTH INSURANCE, AND
CADILLAC TAX GET TO AWAY, THAT
IS A 40% TAX ON EMPLOYEE HEALTH
PLANS THAT ENDED UP HURTING
UNION WORKERS, DEAL RAISES BEE
AGE FOR PURCHASING TOBACCO TO 21
THAT AFLIES TOO -- APPLIES TO
E-CIGS AND VAPING DEVICES.
IT MAKES SPACE FORCE 6 BRANCH OF
MILITARY, AND BIGGEST PAY
INCREASE FOR MILITARY MEN,
WOMEN, EMPLOYEES IN A DECADE,
3.1% RAISE, REPUBLICANS SECURED
FUNDING FOR BORDER WALL SYSTEM,
ONE .3 BILLION, AND GIVES
PRESIDENT MORE FLEXIBLE
PRESIDENT MORE FLEXIBILITY ON
WHERE HE CAN BUILD THAT WALL,
DEMOCRATS 22 MILLION FOR GUN
VIOLENCE RESEARCH, AND ELECTION
SECURITY GRANTS AND EPA, BUT
BUDGET HAWKS ARE NOT THRILLED,
THEY VOTED TO RAISE SPENDING CAP
OVER SUMMER, CBO PREDICTS THIS
WOULD ADD 1.7 TRILLION TO
DEFICIT OVER A DECADE.
DAVID: HILLARY THANK YOU.
AFTER SPENDING BILL MOVES ITS
WAY THROUGH CONGRESS IT WILL
JUST NEED PRESIDENT'S SIGNATURE,
LAST YEAR, HE SWORE HE WOULD NOT
SIGN ANOTHER SPENDING BILL LIKE
THIS ONE, DEFICIT IS SET TO
SURPASS 1 TRILLION DOLLARS, JUST
THE DEFICIT THIS YEAR, HOW BIG
OF A DEAL IS THIS?
>> AS MY NANNY ANDY SAID, O
OYE VAV, TODAY 3 BILLION ON IS
BEING ADDED TO OUR VET, TODAY
1.5 BILLION OF OUR TAX DOLLAR
TOWARD INTEREST, EVERY DAY
FORWARD, AND GROWING, GOING
FORWARD, FEDERAL SPENDING WHICH
WAS 1.8 TRILLION IN THE YEAR
2000, IS GOING TO BE BE OVER 5
TRILLION NEXT YEAR, I'M TRYING
TO FIGURE OUT WHERE IT IS GOING,
I HOPE THERE WILL BE A HERO IN
WASHINGTON THAT DOES SOMETHING
ABOUT IT, I AM LOSING HOPE.
>> THIS NO DIFFERENT FROM ALL
REST OF G7 COUNTRY, RIGHT NOW
BECAUSE OF THE LOW INTERESTS
GLOBALLY, GOVERNMENTS DON'T FEEL
COME
--ME
-- SCOM
-- CCOM
-- COMM
-- COMPELLED TO CUT ON SPENDING,
THEY LOOK AT IT, SELL IT AS A
PERCENTAGE OF GDP .
NOT THAT HIGH, SO, THAT WHY
THERE NO QUELL ON YOU KNOW
BIPARTISAN BASIS, TO CUT
SPENDING.
THERE NO QUESTION WE SHOULD BE.
SOMEBODY WILL PAY FOR THIS ONE
DAY, BUT NOT TODAY.
>> MY FUTURE CHILDREN, THAT
CONTRIBUTES TO LESS THAN 5% OF
GDP, THAT IS LARGEST DEFICIT
WE'VE SEEN IN STRONGEST ECONOMY.
I SHOULD SAY IF IT RAISING RED
FLAGS FOR NATIONAL SECURITY IN
FUTURE SHOULD BE THERE A
RECESSION, HOW TO HELP THE
ECONOMY GET OUT OF, THAT TWO
POINTS THAT HILLARY DID BRING
UP, WAS 25 MILLION FOR GUN
RESEARCH THAT HAS NOT BEEN IN
THERE OVER 20 YEARS, I KNOW
PRESIDENT AM LIKE IDEA HE COULD
MOVE MONEY FORWARD -- GOVERNMENT
FUNDING TOWARD THE WALL.
THERE ARE A FEW THINGS.
SENATE STILL HAS APRO PROVE IT.
>> I WONDER WHAT WE'LL DO.
I SPOKE WITH A INVESTOR, WHO HAD
A THEORY MAYBE WE'LL JUSTIN
PLATE
JUATE
JUSTE
JUST UPPLATE OURSELVES OUT OF DB
JUST UPPLATE OURSELVES OUT OF D.
I WOULD POINT OUT, YOU GET TO
THINK ABOUT EVERY GREAT
CIVILIZATION, HOW DO THEY FALL
IN THEY RUN OUT OF MONEY.
THEY COULD NOT SUSTAIN IT ANY
MORE.
WE TALK ABOUT SOCIALISM, IF --
AND ELIZABETH WARREN, AND BERN
BERB
BERNIESANDERS, THEY KEEP TALKING
BERNIESANDERS, THEY KEEP TALKINA
BERNIESANDERS, THEY KEEP TALKINO
BERNIESANDERS, THEY KEEP TALKINT
THIS IN LIGHT OF THIS EXCESSIVE
AMOUNT OF DEBT, THIS IS NOT
SUSTAINABLE.
DAVID: OUR FOUNDING FATHERS
REALIZED THIS WOULD HAPPEN, THEY
THOUGHT PROBLEM WITH GOVERNMENT
GROWING TOO BIG, THAT PEOPLE IN
GOVERNMENT WOULD USE PEOPLE'S
TAX DOLLAR TO BUY ELECTIONS, NO
COINCIDENCE, PRESIDENT WANTED
BUDGET CUTS, HE DID NOT GET
THEM, CONGRESS SPENDING THIS
MONEY BECAUSE THERE IS AN
ELECTION, THEY USE OUR MONEY TO
BUY THE NEXT ELECTION.
>> DAVID.
>> WE'LL END UP MEANS TEST, THAT
ECONOMY CREATED TREMENDOUS
WEALTH FOR MANY PEOPLE, MAYBE
YOU MAKE A CUT OFF 5 MILLION,
TWO MILLION OF NET ASSETS
CONFIDENT GOVERNMENT STOPS
PAYING YOU HAVE ENOUGH MONEY.
>> SHAME OF THIS, IN
AN,PANDINGING ECONOMY.
THIS IS THE TIME YOU TO DO