our navy is great. our navy is great. our people are great. great. [applause] president trump: our republic will meet any challenge, defeat any danger, face any threat, and always seek true and lasting peace. may god bless our military. may god bless our navy. may god bless the wonderful joe -- the wonderful gerald ford family. and may god continue to bless the united states of america. thank you very much. ♪ >> coming up shortly, a conversation about the trump administration's relationship with the media. but first, former texas governor rick perry was sworn in as energy secretary and dr. ben carson was sworn in as the secretary of housing and urban development secretary. they were confirmed by the senate earlier in the day. >> ladies and gentlemen, the vice president of the united states. [applause] vice president pence: thank you all very much. i am told that the second day of march is an important day in the history of the state of texas. i will leave you to ask texans why that is the case. but today on this second day of march and on behalf of t

our navy is great. our navy is great. ur people are great.applause] president trump: our republic will meet any challenge, defeat any danger, face any threat and also seek true and lasting peace. may god bless our military. may god bless our navy. ay god bless the wonderful gerald ford family. and may god continue to bless the united states of america. thank you very much. [applause] ♪ [captions copyright national cable satellite corp. 2017] captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org >> a growing number of republicans joined democratic leaders to call for attorney general jeff sessions to step aside in the investigation of russian interference. president trump said there is no need and he retained total confidence. here is what nancy pelosi had to say today. ms. pelosi: good morning. what a week, huh? last night we learned that jeff sessions, the attorney general of the united states, lied under oath to his colleagues in the senate and to the american

our navy is great. our navy is great. our people are great.. [ applause ] >> our republican will meet any challenge, defeat any anger, face any threat, and always seek true and lasting peace. may god bless our military, my god bless our navy, my god bless the wonderful gerald ford family, and my god continue to bless the united states of america. thank you very much. [ cheers and applause ] ♪ ♪ ♪ >> you just heard president trump speak on his plan to increase defense spending after visiting the uss gerald r. ford aircraft carrier, i want to bring in david chalian, gloria borger and colonel cedric. david chalian, what stood out to you listening to that speech? >> that this wasn't the context in which the president had hoped to be delivering this speech. remember, this is part of what has become a tradition democratic and republican administrations to take the state of the union or this case the speech to the joint session of congress and then sell it out in the country and he was taking one slice of it, his call to increase military spending. g

in these troubled times, our navy is the smallest it's been since world war i. that's a long time ago. in fact, i just spoke with navy and industry leaders and have discussed my plans to undertake a major expansion of our entire navy fleet, including having the 12 carrier navy we need. [cheers and applause] we also need more aircraft, modernized capabilities and greater force levels. additionally we must vastly improve our cybercapabilities. this great rebuilding effort will create many jobs in virginia and also across america, and will also spur new technology and new innovation. america has always been the country that boldly leaves the world into the future, and my budget will ensure we do so and continue to do exactly that. american ships will sail the seas. american planes will soar the skies. american workers will build our fleets. [cheers and applause] and america's military will ensure that even though the darkest nights and throughout, a bright and glowing sun will always shine on our nation and on our people, our navy is great. our navy is great. our pe

our navy is great. our navy is great. our people are great.epublic will meet any challenge, defeat any danger, face any threat. and always seek true and lasting peace. may god bless our military. may god bless our navy. may god bless the wonderful gerald ford family. and may god continue to bless the united states of america. thank you very much. >> president donald trump speaking there in hampton roads at the shipyard. talking about how he is going to support the military, support the navy specifically as well. he's already planning on increasing defense spending to $54 billion. just a few minutes ago you saw him say, i will always supported you. i will never, ever let you down. however, none of these things happen in a vacuum. some might consider it striking considering a few days ago he seemed to leave the blame of the death of a navy s.e.a.l. on his generals. to talk more about this and the day's top headlines, i'm joined by retired general wesley clark, kevin barron, msnbc national security and military analyst and executive editor of "de

the young men who comprise the vast bulk of our navy and our marine corps who are seldom seen on televisionerviewed by the press. these men are, as they have always been, the truly strong men of our nation. only a couple years ago, these young men would have been embarrassed to tell what patriotism meant to them, how much they loved their homes, their god, their country. now they daily risk their lives for their beliefs. this vast cross section of america, its young, tired, gallant fighting men, this is not only the face of america, this is the heart of america. they will return, most of them. but that valiant heart will keep beating, only if it is nourished and sustained by the rest of america. and these then, are the true heroes of the war, the young men of your navy and your marine corps. whatever they are and ultimately what ever our country is, we owe to them and their brothers in the other services. past, present and future. ♪ >> this weekend on american history tv on c-span3 at 6:00 eastern, abraham lincoln authorities speculate on what he might have been heading up and assassinated.

our navy is great. our navy is great. our people are great. great.ur republic will meet any challenge, defeat any danger, face any threat, and always seek true and lasting peace. may god bless our military. may god bless our navy. may god bless the wonderful gerald ford family. and may god continue to bless the united states of america. thank you very much. [ cheers and applause ] ♪ >> dana: that was president trump giving his first speech since his joint session of congress speech. it got rave reviews. he was speaking specifically about the defense budget. and i gotta tell you, looked like he was pretty comfortable up there. let's bring in chris starwell. one of the things i have noticed, even the setting today. troops are behind him. the jacket looks great. he actually, for the most part, stuck to script. what do you think? >> yeah. he did little flourishes that he likes to. he likes to repeat certain words that appeal to him. by and large he stayed with the script. remember, this is what he's going to have to do, if he wants to increase spending b

our navy is great. the navy is great. our people are great. great.eat, and always seek, true and lasting peace. may god bless our military, may god bless our navy, may god bless the wonderful gerald ford family. and may god continue to bless the united states of america. thank you very much. cheering music studio: donald ford, speaking aboard the us aircraft carrier gerald ford, promising to grow the military saying that the navy is at its smallest since world war i and that can't stand, he said, it is going to be the largest in the world. he also talked about the need to get a good deal. cutting the prices of the aircraft carriers, and planes. he said, if we're not getting a good deal, we're not doing ourjob. that problem sums up donald trump. he came into office as a deal—maker, to get a better dealfor the came into office as a deal—maker, to get a better deal for the american public. in the white helmets are the shipbuilders, whose companies are presumably going to go through the roof, a lot of money is going to be spent down there. 25% of ships b

our navy is great. our navy is great.ple are great. [ applause ] our republic will meet any challenge, defeat any danger, face any threat, and always seek true and lasting peace. may god bless our military. may god bless our navy. may god bless the wonderful gerald ford family, and my god continue to bless the united states of america. thank you very much. [ cheers and applause ] ♪ >> president trump rounding out the comments to thousands of sailors and shipbuilders who are in the hanger bay for the uss gerald ford. >> uss gerald ford, a super carrier, most technologically warship built at $13 billion, overbudget, no surprise, expected to be commissioned this summer, first new class of aircraft carrier we've had designed 1975, but we heard him refer to, the introduction, the enterprise and kennedy, and, of course, why he's there? he wants to spend more on the nation's defense, and he highlighted how he wants to have even more ships, get up to 350, and currently, we have just 270 ships. >> rebuilding is the theme of the pr

our navy is great. our navy is great great our people are great -- great.are great. great. our republic will meet any challenge, defeat any danger, face any threat, and always seek true and lasting peace. may god bless our military, may god bless our navy, may god bless the wonderful gerald ford continue tomay god bless the united states of america. thank you very much. [applause] ♪ scarlet: that was president trump and in his remarks aboard the uss gerald r. ford in newport news, virginia. this is one of the most expensive aircraft carriers ever built. he committed the united states to building more of them. he said he wants to get them at a lower price, and we can build more of them. he committed to a 12-carrier navy. the big take away here was his reiteration of asking congress to eliminate the defense sequester and support his requests for a rebuilding of the u.s. military and u.s. navy. oliver: he said he wants to talk about a clear path for the future as a way to ensure that we can get the best deals, because of that, of course, is important. so far w

. >> our navy is great, our navy is great. our people are great.at. ( cheers and applause ) >> stephen: your vocabulary, on the other hand, could use some work. but everything else, great. now, say hi to jon batiste and stay human, everybody! ( cheers and applause ) ♪ >> stephen: wow, this russian thing is developing so fast. a new thing every day. here's the thing, it is only getting out in the public because of white house whistleblowers. no one knows who these people are. ( cheers and applause ) trump is getting frustrated and he thinks he may have found the source of these leaks. >> i think that president obama is behind it because his people are certainly behind it, and some of the leaks possibly come from that group. >> stephen: i don't see how obama could be behind the leaks. he'd have to be in the inner circle. we have a picture of trump with his cabinet. pull it out, jimmy. ah-ha! >> jon: yeah! yeah! >> stephen: he's so clever. but this is great news for me because, if trump thinks the leaks are coming from obama, then he hasn't caught on

admiral, we are going to ensure our navy has the resources, personnel training and equipment, the kindequipment that you need. so congratulations, admiral. and a lot more is coming. [applause] president trump: let me congratulate captain richard mccormick, commanding officer of the gerald r. ford. this ship will make an extraordinary addition to the fleet, like no other, like no other. no place in the world. it represents the future of naval aviation. i have no greater privilege than to serve as your commander in chief and the commander in chief of the men and women of the united states military. great people. great, great people. [cheers and applause] president trump: i salute you and i salute our sailors. i will always support you and your mission. i will never ever let you down. and i also have to recognize mike petters along with matt mulharen, president of newport news shipbuilding. they aren't going to let you down either. to those who serve our nation in uniform and to those who build the instruments of our defense, i thank you on behalf of our nation. >> u.s.a.! president trump

. >> our navy is the smallest it's been since, believe it or not, world war i. don't worry. it will soon be the largest it's been pretty don't worry. >> martha: neustadt attorney general sessions have met with the same diplomat that eventually took down michael flynn dominated the day. at 4:00 p.m., sessions faced reporters. >> i have decided to recuse myself from any existing or future investigations of any matter relating in any way to the campaign for president of the united states. this announcement should not be interpreted as confirmation of the existence of any investigation or suggestive of the scope of any such investigation. speak to that statement, no doubt forced by the buzz that went on all day. president trump defended his attorney general. >> mr. president... >> total. >> do you think you should have spoken truthfully? >> he probably did. >> for the good of the country, attorney general sessions should resign. >> people are refusing -- partisan politics pre-they should be ashamed of themselves. >> the top cop in our country lied under oath. he has proved he is

when the kremlin is threatening our allies, buzzing our navy warships, and meddling in foreign relations, now is not the time to call into question the commitment or resolvent united states of america. vladimir putin world view is shaped by his time in the k.g.b. during the cold war. he has committed to projecting russian strength both at home and abroad through intimidation and aggression. and strength is what he respects. if putin's provocations are not met with a strong response, they will continue and likely escalate, putting american interests and the american people at ridg risk. top officials in the trump administration have been dispatched to crisscross aarp europe and radio assure the world of our commitments to security. i joined secretary mattis in germany last month for the annual security conference. they spoke of the international order that was built from the ashes of world war ii. in an apparent attempt to reassure our nervosa lice. but our allies are not trying to understand the aims of the mattis administration or the pence administration. they're trying to determine if

donald trump ordered to raid yemen which went sideways and led to the death of one of our navy seals.with trump, right? >> this is a mission that started before i got here. this is something they just, you know, they wanted to do. they came to see me, explained what they wanted to do, the generals, and they lost ryan. >> they lost him? dude, you're the commander-in-chief of the military, not the manager of a laundromat. you have to be presidential. f.d.r. didn't say december 7, 1941, a day which will live in infamy as a day those boat guys lost pearl harbor. ( laughter ) republicans, again, how is this your guy? how are you fine with yemen? no investigations, no hearing, no bumper stickers? yemen lends itself to bumper stickers. here's one. ye-men there's not going to be an investigation? ( laughter ) that's right off the dome. trump is everything conservatives used to say they hate. remember american exceptionalism, the republican idea that merk is by definition better than every other country? trump will even give that away to defend his boy vladimir putin. >> putin's a killer. >> t

. >> our navy is now the smallest it's been since believe it or not, world war i. don't worry. going to soon be the largest it's been. >> the president wants to add dozens of ships to the navy's fleet as part of a $54 billion boost in pentagon spending. he wants to cut roughly the same amount from other agencies to pay for it. >>> as we wait for word of president trump's revised immigration policy, many bay area residents are afraid that they'll get kicked out of the country somehow. kpix5's betty yu shows us a peninsula school is now offering worried parents support. >> reporter: immigrant parents packed the kastano elementary gym in east palo alto tonight worried about president trump's new immigration policy and what to do if they get arrested. >> i don't want the people to feel like i shouldn't go out because i am fear of the police. >> reporter: marco duarte rallied other parents to come out. >> i have questions if i get stopped for a ticket, what happens? what's the process if there's a call for a fight, those kind of things? what's the situation and the connection with i

. >> our navy is the smallest it's been since, believe it or not, world war i. don't worry. it's going to soon be the largest it's been. [ applause ] >> speaking aboard the u.s.s. gerald ford in newport news, virginia, the president wants to grow the navy from 272 to 350 active ships as part of a $54 billion boost in pentagon spending. >>> today snapchat took wall street by storm! the company founders rang the opening bell on the new york stock exchange this morning as the company officially went public. and the stock had a good opening day. the initial public offering was set at $17 a share. the stock closed above $24 a share which means early investors just hit the jackpot. kpix 5's kiet do is live outside st. francis high school where a small investment just became a huge fortune. >> reporter: yeah. five years ago st. francis put up $15,000 worth of early round seed funding into snapchat and over the next five years, the stock split, it split again and again and again and before they knew it, they had more than 2 million shares. well today they sold two-thirds of their ho

we have operational and maintenance requirements with our navy, with our army, with our air force, ourrps. all these things, they are challenges that have to be satisfied. 18 billion is a step forward. it's not enough. if you're talking about moving out and projecting u.s. power for the benefit of the entire world, you've got to put more money on the table. >> does it strike you as contradictory that the president is talking about a massive increase in the military budget, yet at the same time is positing putting out there an isolationist foreign policy? >> for those of us -- some of us -- i can only speak for myself -- when you talk about force projection and address the subject of protecting the interests of not only the united states but maintain peace around the world, that is absolutely inconsistent with what we talk about when you say isolationism. you cannot do both. they are inconsistent. you don't keep afternoon army at garrison, meaning back at home, doing absolutely nothing but conducting parade ground maneuvers. an army and air force, marine corps, navy has a purpose and i

as three destroyiers, two virginia class submarines, an l.h.a., all ships desperately needed by our navy and marine corps. funding these ships steadily is not only a key to keeping our military strong but also keeps our industrial base healthy and keeps these ships affordable in the long run. appropriations bill takes the first steps toward rebuilding our military, is showing our allies they can trust us and showing our enemies they should fear us. so mr. speaker, i thank the chairman appropriations bill takes for his work and his staff on this fine bill and encourage all my colleagues to support this important legislation. and i yield back. the speaker pro tempore: the gentleman from new jersey reserves. the gentleman from indiana. -- visclosky: mr. speaker mr. speaker, sen: i'm prepared to yield back and urge all members to vote in the affirmative. the speaker pro tempore: the gentleman yields back? mr. frelinghuysen: yes, i do. mr. visclosky: mr. speaker, i end where i begin because i think this will be the last time we will manage a defense appropriations on the floor. it has been a

our navy is the smallest it's been since world war i. don't worry, it will soon be the largest.m: just a few hours ago president trump addressed sailors on board the u.s.s. gerald ford which is at newport news shipbuilding, soon to be launched. he promised america will soon have the finest equipment in the world and that taxpayers must get a good deal. he's boosting military spending while cutting every other single agency. $54 billion in a country whose government has an almost $4 trillion budget. but people are screaming and yelling, we can't afford it. >> yes we can afford it. it's great to see president trump in norfolk. i was stationed in virginia beach myself earlier in my career. it's a step in the right direction and a step to make sure america is great again. adam: how are we going to pay for it? >> it will be difficult to pay for it. he proposed major cuts to the state department and epa. but when you look at the budget from the big macro sense, medicare and social security are on track to going bankrupt, and trump said i don't want to touch those entitlement program.

they don't pay for our navy keeping pirates off their ships, i don't think they do. got a guy in the state department that know some people at exxon, let's send them a bil bill. >> like the tom hanks movie, right? >> tom: our guys wanted to save him. >> did we ever send the bill to him? >> tom: you made good point, captain phillips should pay us back. i don't think these european countries are paying their bills and i think trump does understand that. what do you think, joe? [laughter] i know you know a lot about this. [laughter] >> i thought you were going to ask about bills and people and -- >> tom: that's the analogy. >> i get more upset, you and i talked about this before, you go out to eat and everybody you said you hate when people don't pay for the tax. >> tom: there's always one guy. >> you always say there's one guy who doesn't do that, i find that i hate more the guy that gets way more and wants everybody to owe the same. >> tom: he wants to split the bill, but he -- >> everybody owes $11, i had a honey bun. >> adults split the bill when you go out, it's th

. >> our navy is the smallest it's been since, believe it or not, world war i. don't worry.'t

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russian spy ship sailing only 23 miles from our navy submarine base in georgia. base in georgia. what your insurance company won't replace the full value of your totaled new car. the guy says you picked the wrong insurance plan. no, i picked the wrong insurance company. with libertyutual new car replacement™, you won't have to worry about replacing your car because you'll get the full value back including depreciation. and if you have more than one liberty mutual policy, you qualify for a multi-policy discount, saving you money on your car and home coverage. call for a free quote today. liberty stands with you™. liberty mutual insurance. who met president trump set to release his first budget tomorrow when the moose military spending by $54 billion cuts in non-defense programs by the same amount. we will take a look at some of those reported cats and as you see here 31% cut into the epa, 28% cut out of the state department budget, 18% cut out of commerce, 14% reduction in the budget of housing and urban development. my next guest serves on the house budget committee and is said h

lack of military readiness has become a serious national concern, for example, fewer than half of our navycraft are able to fly and the smallest navy that we had in decades, however, there's waste in the military. my dad was a military contractor for years, he saw that kind of waste firsthand. we want a better military, not necessarily more expensive one. i like to hear more specifics from trump as to how he plans to fund spending hikes. clayton: the amount of waste in that defense budget. do you think he needs to do more? >> i think that everybody could do more. you should always keep waste from every kind of government. i'm a democrat and i shouldn't talk about waste. that's just the reality. at a time that america was hungry for change, donald trump has to come up with some real answers and some specifics on how we actually cut back on that to make government more efficient. clayton: chris, i am going to get your take on health care. let's hear what the president had to say last night on health care, watch. >> mandating every american to buy insurance was never the right solution for ou

we have these iranian ships, one of which can with it 150 yards of our navy ships, some of the smallerame in within 60. what are they up to? >> they've been doing this for us quite some time now. this is certainly common during the obama years when they were testing the patience of our military, testing the patience of our leadership. i think now they're trying to get a sense of whether donald trump has the stomach for this, how he might respond, and so, i think this is going to be a moment of truth for the trump administration. then he appeared to respond to iran, they need to make sure that things don't happen and international waterways. >> heather: he did respond to iran. we reported this last weekend that they testfired a pair of ballistic missiles. he responded with economics ancients, was that enough? >> no, it's not. at the sanctions that were passed was a terrific move obviously, but it just one small network. there's a broader network. i think the real response should to go after the irg see, there is a push right now inside washington to designate an entirely terrorist organ

. >> our navy is now the smallest it's been since world war i. don't worry it will soon be the largest it's been. >> president trump says he's calling for the largest defense spending increases in history. insuring the military has the finest equipment in the world, planes ships and everything else. those are his words. dr. ben carson was confirmed as the department of housing and urban development secretary this morning. he doesn't have experience in issues related to housing, but carson promises to work with members on both sides of the aisle to address the nation's top housing issues. >>> this afternoon, al qaeda officials confirmed that their deputy leader is dead after a u.s. air strike in syria. this we're going to show you here, video of the aftermath, a recent air strike in syria. intelligence officials say al qaeda's number two may have been killed in a car on sunday. the egyptian militant was named deputy leader after the death of osama bin laden. >>> a young south jersey man became well known a month ago. a.j. solomon is a recovering h

if i release classified information about our navy seals in syria and six seals get blown up the next, i think i'm responsible for their deaths. okay, so, there is a difference. classified information, being leaked to the press, just on any basis at all, i think journalism has to be responsible in some sense. or held responsible. >> i think that's right. what normally happens in those cases where there are some kind of secret military operation or other secrets that would place american or other lives at risk, most of the time, when you have a document like this, you will run it by the agency involved, run it by some government official, to get a reaction. that is part of what you do. you may get it appealed to by the government to say, look, this is going to cause all kinds of problems for us in this conflict we are in or the surveillance. please hold off. to journalists, many times, have done that. that is not codified in the law anywhere. >> bill: okay, but that is obsolete because of the internet. the internet has made that kind of practice obsolete. he will always find a smear me

. >> our navy is now the smallest it's been since believe it or not world war i. don't worry.t's going to soon be the largest it's been. >> speaking on board the u.s.s. gerald ford, in newport news, virginia, the president said he wants to grow the navy from 272 to 350 active ships as part of a $54 billion boost in pentagon spending. >>> a cal student was arrested for vandalizing a donald trump yard sign on campus. sfgate reports the student was detained for an hour and subsequently released yesterday afternoon. police were notified of the vandalism by a member of berkeley's college republicans. that arrest comes after a cal student was captured earlier this week brazenly destroying a college republican sign near the table on sproul plaza. no arrests have been made in that incident. >>> the dow was down 113 today. the nasdaq was down 43. the s&p closed down 14. >>> snapchat made its official wall street debut today. [ bell ] [ applause and cheers ] >> the company founders rang the opening bell on the new york stock exchange this morning. and the stocks went up from there. the

right on the other side of it, our navy base. it's right next to a navy base. and so when this country linked to the chinese government wanted to buy that hotel, really, right next to the naval base? the committee on foreign investment in the united states blocked that purchase on national security grounds. well, now the obama administration is gone and the trump administration is in effect and now this chinese company wants to do a huge new deal. they want to buy a member of the beast, forgive me, 666 6th avenue. when it was sold for $1.8 billion in 2007, it was the most expensive sale of a single building ever in the united states. they just started shopping around a deal to buy it now for more than a billion dollars over that price from 2007. they're valuing it at $2.85 billion for a single building. i believe that would make it the most expensive building in north america. that huge inflation in price, over a billion dollars more than the last time it was bought, that would result in a huge payout for the people who bought it back in 2007. if this deal goes

. >> our navy is the smallest it's been since, believe it or not, world war i. don't worry.ll soon be the largest it's p

cia dump, if you think about unfortunately what happened in yemen that cost the lives of one of our navy s.e.a.l.s, these tools are used so we don't have to send troops in, don't have to put boots on the ground. we compromised that capability overnight. >> when you look at all of this, you have a deep understanding of how wikileaks works, the damage they can cause, how difficult a position do you think this puts the white house in depending on the information they are about to share? >> look, i think we know from the intelligence community so far is that there is a very strong relationship between russia and wikileaks. russia's goal to dovetail on last comments, to weaken the united states. they chose to engage in the election to weaken pt united states and went after hillary and now they are acting to undermine the cia. let's see what they say but i think the reality here is that there is an ongoing operation to weaken the united states. what i find deeply, deeply troubling is that we have had this information for going on 48 hours and we have yet to see a very strong statement from pre

our country. it is much appreciated. the navy restructured its assessment goal, a significant grease from the previous goal to increase the military threats facing our nation today. in addition there have been other independent studies, the center for strategic and budgetary assessments that also recommended significant increases. following concerns by my colleagues, what impact does the budget control act have on the ability of the department fill the president's promise to build a larger lease that the navy and other independent studies have found to be necessary, mister secretary? >> i can find nothing in the budget control act that helps our national security, you brought up one of the most direct impacts. it is all negative, also sidelines congress. puts you in a spectator role when we need you in an oversight role in the department because it is your knowledge of what we are doing and understand the strategy that allows you to commit american dollars to the defense of this country. we are watching, i would call it, central

our country. it is much appreciated. the navy recently updated its four structure assessment goal to 355 ships, which is a significant increase from the previous goal to address the increasingly complex military threats facing our nation today. in addition, there have been other independent studies by the mighter study, the center for strategic and budgetary assessments that have also recommended significant increases. following up on the concerns raised by my colleagues, what impact does the budget control act have on the ability of the department to fulfill the president's promise to build the larger fleet that the navy and these other independent studies have found to be necessary, mr. secretary? >> senator collins, i can find nothing in the budget control act that helps our national security, and you've brought up one of the most direct impacts. it's all negative. i believe it also sidelines the congress. i think it puts you in a spectator role when we need you in an oversight role in the department because it's your knowledg

even though our budgets are very, very c constrained in the department of defense and the department of the navy, the climate doesn't care about our budgets. it doesn't t care about our politics. it's just going to change according to the e laws f physics. >> it's not only the military that is increasingly concerned. so are many financial and business experts. "risky business" is a nonpartisan analysis of the economic risk of climate change in the united states. it was led by michael bloomberg, henry paulson, and tom steyer. among the findings, if we continue on the same path, by the year 2100, the country could see $701 billion of coastal property underwater. $108 billion in average annual losses from hurricanes and coastal storms on the eastern seaboard annd gulf of mexico. and in some states, a loss of up to 70% in average annual crop yields. extreme heat and humidity would also threaten human health, reduce labor productivity, and strain electricity grids. >> global climate change over time poses seve e thres toto life on eartasas we ow i it daday. a as s ti goes s , thosseseverehreaeatsecom