waste of money. >> in too many countries, money goes to pay for too many people to go to too many meetings. >> they say they will try to reform the process with across-the-board cuts to force officials to set priorities. spending cap to force the agencies to make the tradeoffs and lock box to stop savings from one program being used to increase spending in another. >> there is a case to be made if congress won't make the difficult spending decisions, and across the board spending cut can be better than nothing. >> economists say a hard cap on discretionary spending under president clin:and speaker newt gingrich worked to reduce the deficit, that is something that president obama and the new g.o.p. controlled house promised to do again. in los angeles, william la jeunesse, fox news. >> chris: the number of people applying for unemployment benefits fell to the lowest point in almost 2.5 years. sign the job market is slowly improving. the number of the applications