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its own brutal crackdown, that's it's running out of money. i'm wolf blitzer. i'm wolf blitzer. you're in "the situation room." -- captions by vitac -- www.vitac.com it could get lonely being the front-runner especially if you're way out front in new hampshire as romney is now. the first in the nation primary is only five days away. that makes him the prime target of his rivals, but they're also squabbling among themselves and while romney can afford to look ahead to south carolina, some candidates can't afford to fall further behind. let's go to john king in new hampshire. john, y...

When they've got that. that's what we're doing with the bill on the floor today. we're going to reject balances. $690 billion. unonly gited. won't be spent in the next year. they helped pay for a dr. they would just rather charge it to the children. >> it's short term thinker versus long. it's the lack of realization of what reality is. the bond vigilantes will go after us eventually. >> yep. if you were to look at this as a leadership issue. the truth of the matter is to involve the problems we need meaningful reform in the financial markets. today they eliminated shareholders rights with thi...

So now we wait to see the revenue piece to that. >> asked what she would be willing to slash as part of this deal? >> we'll be talking about that later. >> rank and file house members say they realize more must be done now. >> we can means test entitlements, so for folks making $1 million year, you know, maybe they aren't able to access medicare. they have the means to buy their own healthcare. >> i know we can't afford to spend $690 billion on the defense, but there are smart ways and dumb ways to cut defense spending. for example, we still have bases all throughout western europe that there ...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.