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Year, $616 billion come from medicade, children's insurance programs. $193 billion food stamp.$143 bi financial aid. do you object to any of this? >> well, two points. matt said something i want to respond to which is that, you know, we tried this strategy that donald trump is proposing in the bush administration. we had big tax cuts and defense increases. what we ended up with was a great recession, financial collapse. we're trying exactly the same economic strategy again. i worry that we'll end up with the same results. in terms of the spending cuts, they disproportionately fall on trump vot...

Spend $720 on gifts this year for $616 billion in total christmas spending. november is the top shopping month with 38.2% of women buying gifts in november. eight in 10 americans put up a christmas tree for the holiday but careful with those lights. estimated 15,000 er visits due to christmas decorating mishaps in 2012 alone. >> winter weather causing some ugly holiday travel conditions across the country for anyway trying to travel today. mountain areas getting blanketed with several feet of snow. it is a white christmas on the east coast thanks to heavy rain more than 3000 places delayed, it...

In 2014. wow. cbo also predicted a deficit of $616 billion next year. president obama's budget would make it 744 billion. means 128 billion-dollar difference doing the math. as for spending cuts. the president says he will cut 1.2 trillion over the next 10 years. by adjusting medicare and social security payments. also, the president wants to raise close to 600 billion in new taxes, again, focusing on the affluent. joining us now from washington to analyze. republican kate obenshain kirsten powers also a fox news analyst. this sin harntly boring which is why most americans don't understand wha...

Other issues that are long term in order to avert the cliff as it were. that is immediate crisis. we have long term situation --. bill: but you know when lawmakers get a little bit of rope, you know, when they get time to think about it and push it off to the next year, it never gets done. this budget proposal, there are many who wonder whether or not even democrats could support it. the last budget that came from the white house went to the senate, it went 98-0 against it. no one voted for it. melissa: well, that was kind of a tricky parliamentary issue as well but, i do take issue with one t...

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