Steep Budget News Today

Investigations. my question for pelosi in a round-about way ill answer you, do you anticipate a budget deal? i mean, huge, steep budget cuts going into effect beginning of next year. based on the presidents behavior, do you believe youll be able to sit down and work with him to prevent billions of dollars of spending reductions aimed at the pentagon and domestic spending in january? a critical question will have impact on the economy, the country, something we need to get our minds wrapped aroun...

Congress has to say, and our argument and our -- save and our argument and suggestion is move it in a very clear way so that the senate has an option to move it and to move it quickly. jenna: lets talk about the trajectory if i can get it out, the trajectory, of government spending, as we take a look at this new report from the gao that talks about upwards of $200 billion in wasteful spending, of redundant spending. how does that make you look at the $61 billion in cuts that youre proposing? >> ...

One part of that plan, the proposal to end collective bargaining rights for state workers, some of those collective bargaining rights, not all of them. this is what sparked of course all of these rallies, jon. jon: but governor walker is undaunted, hes set to reveal even more controversial cuts, including slashing the budget for schools across that state. mike tobin is live in madison, wisconsin. i guess this is d day, huh mike? >> reporter: it is. expect a lot more gasoline to be thrown on the ...

Explosion, but they didnt pick anything up there. jenna: scary stuff. thank you very much. jon: new developments to bring you in what could be the next phase in the fight over union rights. the steep budget cuts we could see today in the state at the epicenter of all this battling right now. plus, hitting international drug cartels where it hurts. we ride-along with an antigang task force. it is a fox news exclusive. [ female announcer ] this is not a prescription.

Less. well see what happens the next couple of days. i think we can get through this. its critically important if i can make one quick point, even as we are debating the budget and working on spending cuts and reducing the deficit, we cannot lose sight of the necessity to be creating jobs or creating incentives that will lead to job creation to grow the economy. jenna: how does this new report from the gao about wasteful government spending change or affect the conversation youre having? >> i th...

Court and must remain open for access. republicans are turning on pressure on democrat whose have fled the state as the governor tries to fight spending and get the states budget under control. the democrats simply want to avoid taking a vote on some controversial issues. state senate majority leader, republican scott fitzgerald joins us on the phone. senator fitzgerald, any sign of the democrats coming back or this issue somehow getting out of this standstill that its been locked in? >> i will ...

Counselor at a local high school, has been there for many years and she received the layoff notice like many other teachers throughout the state. listen, im hopeful that once the budget is announced at 4:00pm today that people will see that the changes to collective bargaining, the elimination of some of those items under collective bargaining will offset the cuts that the governor is about to announce and will embolden and empower the school boards and county boards and the mayor throughout the...

Legislation on the budget can be moved through. governor walker has linked the cost savings from that debt to some 12-1500 state jobs. at risk notices for layoffs are prepared, governor walkers office has indicated they have not sent out those layoff notices, bill. jon: so the democrats, this deadline about the budget, the jobs, et cetera, how are they responding, anything at all from them? >> reporter: a couple of points from the democrats. we heard from senator erpenbach saying there is going ...