Page 26 - Appropriation Process News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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...

Into the next fiscal year, but the money's cut, it's on paper, it's been filed, the whole country can look at the cuts. >>he cbo says this year, the actual amount that will be will be $352 million. the rest will be spread out, not just next year, but for many years. some of those cuts for ten years. >> but the most important thing is that it lowers the base of domestic discretionary spending and any future money that we provide through the appropriation process has to be based on the lower floor that we created with this deal that we made. so it -- we create -- we have saved the country $38.5 ...

Done, other than the appropriation process. >> referring to the senate nominee for a. see court nominee? >> kraebt. >> ycorrect. >> that's the last seas fight? >> that along with basically whatever appropriation bills they want to try and get passed. they have to get something passed or basically face consequence there's. >> in fairness to lindsey graham, paul, there was a deal worked out between kerry, lieberman and graham, the next major piece of legislation would be this energy legislation, this climate change bill. then all of a sudden harry reid said, not so fast. supposedly because he's ...

Money from? >> what we need to do is -- this is an issue that needs to go through the regular appropriation process and not just have the president grabbing a bag of money that wasn't meant for it, to use for something else. somebody is going to use that money for highways if we start doing that. what i would do -- first of all, the president has a good program through his issue of not having capital gains for small business that invest money for at least five years. that's going to get broad bipartisan support. and, also, the issue of jacking up the banks to do some lending to small business ...

I'm sure he's frustrated by that but at the end of the day we need a solid answer. >> i want to ask you about another looming threat about the government shut down. it sounds as though y'all could be headed for a possible government shut down on or about the time of the president's 100th day in office, about april 28th, over military spending. how are you going to avoid that? >> well, we're working through that over the next three weeks. we've got three weeks and we will bring these bills to the floor. we have to have all funding done at that point or continue to have a resolution. i'd like to...