Democrats, Republicans have different takes on speech - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
March 1, 2017 Newswires
Share
Share
Post
Email

Democrats, Republicans have different takes on speech

Daily Press (Newport News, VA)

March 01--In his first address to a joint session of Congress, a more understated address frequently punctuated with bursts of applause, President Donald Trump hit on expected points: the repeal and replacement of the Affordable Care Act, immigration enforcement, tax reform and unity in the country, among numerous topics.

Trump also briefly addressed his plans to increase defense spending and strengthen the military, plans that he is expected to discuss in greater detail when he visits the Newport News shipyard on Thursday.

"I am sending the Congress a budget that rebuilds the military, eliminates the defense sequester, and calls for one of the largest increases in national defense spending in American history." Trump said, drawing applause.

In a Monday news briefing from the White House, a Trump spokesman said the president will propose a $54 billion increase in defense spending, a jump of 10 percent. In Tuesday's speech, Trump did not address what cuts would be made to provide the increased funds to defense spending.

A surge in defense spending would have a significant impact on Hampton Roads. Newport News Shipbuilding is the only builder of nuclear-powered aircraft carriers and one of two builders of nuclear-powered submarines. The shipyard's parent company, Huntington Ingalls Industries, is the largerst military shipbuilder in the United States.

The Navy fleet has about 275 ships with plans to reach 308. Trump proposed a fleet of 350 ships, while the Navy's assessment calls for 355 ships.

"Our military will be given the resources its brave warriors so richly deserve," Trump said early on in his speech. He later said, "we must provide the men and women of the United States military with the tools they need to prevent war. And if they must, they have to fight and they have to win."

Following Trump's speech, Rep. Robb Wittman, R-Westmoreland stated in a release, "Tonight President Trump made clear that we will keep the promises made to the American people." Wittman highlighted Trump's focus on a defense strategy that would provide new resources to the military as the most important idea the president addressed.

Rep. Scott Taylor, R-Virginia Beach, said he felt it was Trump's best speech and had a strong tone of optimism and unity. He also pointed out the president's honoring of Carryn Owens, the widow of Navy Senior Chief William "Ryan" Owens, as a special moment that received an unprecedented response.

Regarding defense spending, Taylor said plans to ramp up defense would benefit the area, but more importantly, they would provide safety for the benefit of the entire counntry.

Rep. Robert C. "Bobby" Scott, D-Newport News, was critical of the proposed defense spending increase, saying the budget math doesn't add up. "While his proposal for increased defense spending and eliminating the sequester for the Department of Defense would certainly benefit parts of the Hampton Roads economy, the draconian spending cuts required to offset these increases would negatively impact thousands of hard working Virginia families and disrupt other areas of our region's economy," Scott said in a release.

Sen. Mark Warner said the speech raised more questions than it answered. Warner said, "despite his claims to be concerned about our deficit, I am deeply concerned that the Trump agenda will make our nation's underlying $20 trillion debt even worse."

He also said Trump's "plans for more cuts in discretionary spending will not even begin to pay for his proposed increases in defense spending, and neither will cuts to foreign aid or wildly unrealistic promises of economic growth."

Reyes can be reached by phone at 757-247-4692.

___

(c)2017 the Daily Press (Newport News, Va.)

Visit the Daily Press (Newport News, Va.) at www.dailypress.com

Distributed by Tribune Content Agency, LLC.

Older

Seventeen Startling Facts That Sum Up Women’s Retirement Risks

Newer

Molina Healthcare Reports Revised Fourth Quarter and Year-End 2016 Results Due to California MLR Corridor Contract Adjustment

Advisor News

  • Your client texted. Now what? The compliance rules advisors better know
  • Helping small-business owners build, grow and exit
  • Help women break through their retirement roadblocks
  • Advisors await SEC decision on Vanguard fair fund distribution
  • What to do when adult children become the client
More Advisor News

Annuity News

  • Legacy Marketing Group partners with Malibu Life USA for annuity launch
  • Best’s Market Segment Report: Global Life/Annuity Reinsurers Remained Poised for Steady Growth
  • When technology becomes easy to rent, what still separates life and annuity carriers?
  • Legacy Marketing Group® and Malibu Life USA Announce Distribution Partnership for New Fixed Indexed Annuity Platform
  • Empower Annuity Insurance Company of America Trademark Application for “EMPOWER WHAT’S NEXT” Filed: Empower Annuity Insurance Company of America
More Annuity News

Health/Employee Benefits News

  • Trump administration cuts health care coverage for some transgender youth in California
  • Trump administration cuts health care coverage for some transgender youth in California
  • ‘Downright unaffordable’: State employees in Montana to face higher healthcare costs
  • ACA premiums to rise in Virginia
  • GSP Health plans new Woodward community health center
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • How advisors can get clients to act sooner on life insurance
  • AM Best Affirms Credit Ratings of Crum & Forster Insurance Group’s Members and Monitor Life Insurance Company of New York
  • AM Best Affirms Credit Ratings of Life Insurance Company Centras Life JSC
  • AM Best Withdraws Credit Ratings of New Providence Life Insurance Company
  • When technology becomes easy to rent, what still separates life and annuity carriers?
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.