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$213 billion in entitlement spending today. big chunk of change. big part of the federal budget. $13 billion a year. they found it increased the debt on gdp ratio by 14 points, which slows down the economy. those who pay no federal income taxes pay many other taxes of course. former president clinton noted he and president of both parties steadily expanded tax breaks for the working poor. >> put in a child tax credit, when president bush passed the tax cuts that is what he did for middle class people. he doubled the tax credit to $1,000? >> whatever the reason, though, analyst say the dynamic ...

al qaeda plot to blow up a passenger jet bound for the united states. a u.s. counterterrorism official tells cnn the explosive device is similar to the one used by the would-be underwear bomber. you may recall that on christmas day 2009. just like that bomb, this one did not contain metal, which raises real questions about whether it could have gotten past airport security. as of yet, the person who had developed that bomb had not yet bought a ticket. here's defense secretary, leon panetta. >> what this incident makes clear is that this country has to continue to remain vigilant agai...

coming in at this moment about how the cia stopped an ambitious al qaeda plot to blow up a passenger jet bound for the united states. a u.s. counterterrorism official tells cnn the explosive device is similar to the one used by the would-be underwear bomber. you may recall that on christmas day 2009. just like that bomb, this one did not contain metal, which raises real questions about whether it could have gotten past airport security. as of yet, the person who had developed that bomb had not yet bought a ticket. here's defense secretary, leon panetta. >> what this incident makes cl...

Seeing increased tensions in that south china sea area, and the reason the u.s. should care about that is that there are an estimated 213 billion barrels of untap ped oil reserves in those -- under those seas, so that's why this is a high stakes game and that's why the u.s. navy, as we've reported in recent days, is starting to project a stronger presence in the south china sea, because of these disputes and because of the importance in terms of oil reserves and china trying to sort of gobble up these areas, jenna. jenna: interesting to note that. you walk through the halls of the pentagon eve...

Numbers here, and looking at them a little bit this morning, you know, has the u.s. postal service lost its relevancy? >> no. the u.s. postal service is still very important for american economy, and american society. this year we're going to deliver 170 billion pieces of mail and packages. so we are very relevant. very much a part of american society. and economy. >> you know, but, patrick, those numbers are down. i think you hit a high in 2006, about 210 billion and you're expected to be going down to about 150 billion in the next ten years by some estimates. >> that's correct. we had the hi...