A day after President Trump introduced his fiscal budget proposal, with plans to pull $7.2 billion from the Pentagon's coffers to fund the border wall, the U.S. Army Secretary says he supports the mission.
Sec. Ryan McCarthy, a former Army Ranger and Lockheed Martin executive, told Cheddar in an interview on Tuesday that "the border wall is a national security issue." McCarthy said the increased presence of soldiers on the border, along with the newly constructed parts of the wall, have already led to a drop in illegal crossings.
While crossings have dropped substantially since last spring, some critics claim it has more to do with the White House all but cutting off asylum applications in the U.S. So far, according to the CBP's own figures, the vast majority of the wall that has been constructed under the Trump administration was replacement of existing structures.
The administration's budget ー a document that will be dead on arrival in Congress but signals the president's priorities if he were to be reelectedー includes cuts to the Army's top line, though it does substantially increase R&D spending at the Pentagon that will presumably be used to help restructure and modernize the armed forces.
"The Army is in the midst of a major transformation over the last three years," McCarthy said. One of the goals of that modernization is to improve recruitment with a plan to aggressively increase talent drives in 22 major cities. "It's been a challenge," McCarthy conceded, acknowledging that the tight labor market has made the Army's job harder in getting top candidates to sign up.
One of the ways to encourage job-seekers to consider military service, he said, is to highlight the "variety of career paths" available and the Army's generous tuition assistance perks.
"We have to be ready to meet national objectives every moment of every day," he said.
The House has passed some of the most aggressive gun-control measures in years, including raising the minimum age to buy semi-automatic rifles from 18 to 21 and banning high-capacity magazines. Daniel Webster, Co-Director of the Center for Gun Violence Solutions, explains why this legislation has little chance to pass in the Senate, and what else can be done to curb gun violence in this country.
We are already starting to feel the effects of summer. Heat waves in Texas and California are already sending temperatures soaring. That could spell trouble for the nation's power supply. there are new concerns about outages in many areas of the country. Cheddar's Shannon Lanier explains the two main causes of blackouts, and what states are doing to keep the lights on and the air conditioning running.
If you have been on the road this past year, you've probably seen more accidents on the road than you ever have. You're not wrong. Traffic fatalities are not only increasing they are hitting historic highs. Almost 43,000 people died in motor vehicle accidents in 2021. Cheddar's Shannon Lanier investigates - and finds out why.
U.S. stocks close Tuesday at session highs after a subpar start to the trading day. Tim Chubb, Chief Investment Officer at the wealth advisory firm, Girard, joins Cheddar News' Closing Bell to discuss. 'We're starting to see the moderation of three core things -- we've seen the moderation of prices, we've seen the moderation of wage growth we've seen in the labor market, and we've also seen a moderation of job openings,' he says.
Catching you up on the stories you need to know this morning, mass shooting victims testify on Capitol Hill, the White House outlines its plan to vaccinate kids younger than five years old, and we break down how to protect yourself from monkeypox.
A lot has changed since the pandemic began back in march 2020. COVID-19 caused a huge disruption in the U.S. labor force that is just beginning to normalize. As of last month, about 96% of jobs lost in the pandemic have returned. Still, where people work now looks very different from two years ago. Cheddar's Shannon Lanier looks at where the jobs are now and where they aren't.
Getting you caught up on the stories you need to know this morning: Matthew McConaughey lends his voice to the gun control fight in congress, at least 30 people were injured in Germany after a car plows into a crowd, and a new weight loss drug shows promising results.
Michelle Bond, CEO of the Association for Digital Asset Markets, joins Closing Bell, where she breaks down the Responsible Financial Innovation Act, which would not only establish a regulatory structure for digital assets, but hand over crypto oversight to the CFTC instead of the SEC.
Sarah Warbelow, legal director for Human Rights Campaign, joins Cheddar News to discuss why advocates want to overturn the FDA's rule restricting gay and bisexual men from donating blood.
