492 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The fastest printer. the fastest lunch. turkey club. the fastest pencil sharpener. the fastest elevator. the fastest speed dial. the fastest office plant. so why wouldn't i choose the fastest wifi? i would. switch to comcast business internet and get the fastest wifi included. comcast business. built for business. chappaq to hear democrats discuss it, republicans should stuff it. a columnist says a deficit of $492 billion means we're rolling in bucks. a senator begs to differ. are we rolling in the dough?

Members of congress are getting ready to take up a massive government funding bill that nixes the threat of another government shutdown. negotiators have released their bill that funds the government through september the 30th. it puts $521 billion into defense, $492 billion in other programs. there's no new funding for obamacare, but some sequester easing. there's even a ban on new light bulb standards, a 1% pay raise for federal workers. it also bars officials from ending saturday mail delivery. both sides putting their spin on the compromise. >> it is a step forward. it's not the number tha...

Reserves most of them. the smaller contractors would have trouble getting their lines of credit extended, trouble keeping their employees if they can't be assured of continued employment. >> the only way to avoid the automatic $492 billion in cuts to the pentagon over the next nine years is for congress to make a deal in the next two days. harris? >> peter, thank you. fox weather alert now. a new headache for travelers. tonight a fresh storm system is pummeling the northeast. as you know much of the region and really the rest of the country are recovering from the winter storm that hit earlier...

Looking good. a fifth day of concern there among investors on wall street. jon: flirting with out 13,000 barrier. part of the looming fiscal cliff includes a castilian dollars in custom military spending. it is called sequestration. many military experts are concerned about the impact of sudden spending cuts and how it could impact national security. molly henneberg has more on that this morning live from washington. reporter: the cost will be big. the cuts will be large. if we go over that fiscal cliff, that triggers fears of automatic spending cuts, and we are just looking at the defense pie...

Well, the president and republicans agree on very little in their fiscal proposals. with one glaring exception. neither proposal specifically includes defense cuts. in fact, both sides have gone out of their way to say they shouldn't happen. but if there's no deal, they may happen anyway. in today's "deep dive" how the sequester could impact our military, our economy, and our safety. the budget control act calls for about a trillion dollars in automatic cuts to begin in january if laes no deal. half would come from domestic spending. we'll dig deeper into that. today spes cifically about the h...