sutured, he's in good condition. martha: the philadelphia police say they have a lead because of a facebook posting. interesting how social networking things can help out in these situations. no arrests so far. bill: that was a big game on monday, a lot of folks especially hockey fans all over the country getting in on that. we are learning how the pentagon now will deal with budget cuts out of congress and in moments we'll hear from the administration on how it plans to dole out the cuts. president obama and defense secretary leon panetta will make that announcement live at the pentagon there. that is a rare appearance for the president at the pentagon. next year's budget of 662 billion is 43 billion less than this year. the pentagon is bracing for nearly half a trillion dollars in cuts over the next ten years, a lot of this reflects the withdrawal in iraq and the drawdown in afghanistan, likely shifting the military focus to asia. a retired u.s. navy captain and fox news military analyst chuck nash with me now. good morning to you. >> good morning, bill. bill: you knew the cuts were coming, right?
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