dramatic change and that is what they say they want why odd. they go to one of our rivals instead of you? well, my plan is a popsible plan and i have the specifics that show how i will cut $500 billion out of the federal budget and take federal spending from 25% of the gdp down to 20% of the gdp which is in my view closer to the long-range average and makes sense. those that have said look, we are going to get rid of double that amount, i want to see the specifics and look to see whether that would in fact hurt the economy and make it harder for us to put people back to work. my highest priority is to make sure that we get americans back to work and we have rising incomes again and a deficit reduction program in place that convinces the world we are on track to having a balanced budget. i want to cut federal spending. i want to cap federal spending at 20% of the gdp and then lower it from there and ultimately have a balanced budget amendment.
iran said it indicted 15 people on charge of spying for the u.s. and israel. updates on the story as we get this them. turning now to iowa, where g.o.p. hopefuls are in the home stretch two weeks, a little more than two weeks until the first in the nation presidential contest, the iowa caucuses january 3rd and right now, some of the republican candidates are in the hawk eye state, a couple of the frontrunners are not. former massachusetts governor mitt romney and former house speaker gingrich making the rounds on sunday talk shows today. romney appearing on fox news sunday telling anchor chris wallace about his spending plan. my highest priority is to make sure we get americans back to work. and that we have rising incomes again and that we have a deficit reduction program in place that convinces the world that we re on track to having a balanced budget. and mitt romney today getting two endorsements and claiming they are major at this point and one from presidential, former presiden
dramatic change and that is what they say they want why odd. they go to one of our rivals instead of you? well, my plan is a popsible plan and i have the specifics that show how i will cut $500 billion out of the federal budget and take federal spending from 25% of the gdp down to 20% of the gdp which is in my view closer to the long-range average and makes sense. those that have said look, we are going to get rid of double that amount, i want to see the specifics and look to see whether that would in fact hurt the economy and make it harder for us to put people back to work. my highest priority is to make sure that we get americans back to work and we have rising incomes again and a deficit reduction program in place that convinces the world we are on track to having a balanced budget. i want to cut federal spending. i want to cap federal spending at 20% of the gdp and then lower it from there and ultimately have a balanced budget amendment. chris: let s pick up on
change that s what they say they want why wouldn t they go for one of your rivals instead of you? well, my plan is a responsible plan. i have the specifics that show how i will cut $500 billion out of the federal budget and take federal spending from 25% from the gdp down to 20% of the gdp, in my view closer to the long-range average and makes sense. those that have said, look, we re going to double that amount, i want to see the specifics and look to see whether that would in fact hurt the economy, make it harder for us to put people back to work. my highest priority is to make sure we get americans back to work, that they have rising incomes again, that we have a deficit reduction program in place that convinces the world that we re on track to having a balanced budget. i want to cut federal spending. i want to cap federal spending at 20% of the gdp, and lower it from there, and ultimately i want to have a balanced budget
in a balanced way. so that in order to get our fiscal house in order, we re not asking seniors or vulnerable americans to bear all the burden while giving the wealthiest americans, for example, an added tax cut. he doesn t believe that s the approach the american people want and certainly not his approach. so it s a combination both of how people assess why we are where we are, but also where we re going and who has the best ideas about where we should go. jay, all of washington have their eyes on the supercommittee, their deliberations have to be wrapped up fairly soon in order to deliver something on schedule, some sort of long term deficit reduction program on schedule. there have been predictions the supercommittee will fail if they won t come to an agreement. some democratic senators have made that prediction. i want you to listen to what george wills said about the supercommittee yesterday. the president needs this