Ferry Bret News Today

>> bret: most republicans advocate for a leaner, meaner federal government. today, president obama unveiled his own plan to make that happen. chief white house correspondent ed henry tells us what is in it. >> one day after asking congress for $1.2 trillion and more borrowing authority, president obama declared he wants to shrink government. >> with or without congress im going to keep at it. but it would be a lot easier if congress helped. this is an area that should receive bipartisan support....

Cyprus by two notches. they cut the rating because the policy initiatives taken by the european policy-makers in recent weeks may be insufficient to fully address ongoing systemic stresses in the euro zone. germany was the only major economy, bret, to keep the triple-a rating. >> bret: we will continue to follow that as well. thank you. still ahead is criticizing mitt romney over his business background having an effect in south carolina? but first, are you too fat to ride the ferry