Message Budget News Today

and they have specific objectives included in them that need to be met, and that is up to each individual country to agree with nato, so they include areas like cybersecurity and also... and information sharing. cybersecurity and also. .. and information sharing.- cybersecurity and also... and information sharing. there were also talks of _ information sharing. there were also talks of opening _ information sharing. there were also talks of opening a - information sharing. ...

Lets stop the health care bill that was passed by the last congress by defunding it. and so now that theyve got the chance, will they do it? and gretchen is alluding it a member of the house rules committee and they say if we start doing it today, we will actually be breaking the rules. we can make a special exception. do we want to do that and set a bad example? and ultimately, all the republicans on the house rules committee said you know what? well figure out a way to do it later. >> if she c...

E annual battle over the federal budget. president obamas plan is now on the table. >> its fair to say his republican opponents on capitol hill are not particularly impressed. theyre calling for even more cuts, less spending and lots of tough choices. its tuesday, february 15th. >> announcer: from abc news, this is "world news now." those words seem to be the mantra of the annual budget conversation. >> here we go again, yes. >> good morning. thanks for being with us on this tuesday. im vinita...

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We borrowed an idea from a computer programmer named matthias shapiro. >> this is the federal budget, about $100 in pennies. >> reporter: so we bought $100 worth of pennies and started to stack them until we got this, the $3.7 trillion budget. each one of these stacks of five pennies represents $2 billion. these pennies over here represent security and defense spending. this section right here, interest payments that have to be paid on all that debt weve been racking up, and this entire section ...

Budget arrived on capitol hill and it was not greeted like a valentine. democrats say it cuts too much. republicans say it cuts too little. president obama calls it a budget filled with sacrifices. >> this budget freeze will require some tough choices. it will mean cutting things that i care deeply about. but if were going to walk the walk when it comes to fiscal discipline, these kind of cuts will be necessary. >> reporter: it cuts college pell grants by $100 million, block grants for cities an...

Are just as good during the spring or fall. >> reporter: but in his 2012 budget, president obama proposes eliminating pell grants for summer classes as well as charging more for graduate student loans. that would save the budget $89 million over 10 years. bad news for dash. >> if pell grants werent available to me, id probably be taking out student loans right now and be incurring some debt. >> reporter: that cut is one of the tough choices president obama says his budget makes. >> if were going...

Penny. there are some bigger cuts even to defense. about $19 billion in programs cut, about this number. but then there are new defense programs, so the overall defense budget actually gets bigger. about a stack and a half worth. now, the republicans go further. their budget cuts for this year amounted to $100 billion or thats about this many pennies, but the bottom line is, unless youre willing to talk about cutting entitlements or defense or both really, theres no way you can even think about ...

And here are some stories to watch today on abc news. former president george h.w. bush is among 15 recipients of this years presidential medal of freedom, the nations highest civilian award. congressman john lewis and investor warren buffett are also being honored. president obamas budget has arrived on capitol hill. several members of administration will go before congressional committees to defend the nearly $4 trillion plan. and the only giant panda cub born in the u.s. last year will re...

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