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HERE ARE THE WORLD'S NEWS

Breaking down the House's massive government spending bill

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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 13 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, 31% 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 17 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 15 BILLION OF OUR TAX DOLLAR TOWARD INTEREST, EVERY DAY FORWARD, AND GROWING, GOING FORWARD, FEDERAL SPENDING WHICH WAS 18 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

Source: Youtube

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