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Automatic budget cuts do indeed take place on march 1st. neither party has enough incentive to stop them. but we get to the end of march, and there is a question of whether or not the republicans will shut down the government and it's looking a little less likely. >> speaking of the president's new approach in week, his nominee for defense secretary chuck hagel out there for a senate hearing. left him out on his own this is probably the first that we have seen from the administration, defending haggle. take a listen. >> pretty obvious the political knives were out for chuck hagel. what disappo...

Session anymore. >> that's an interesting privilege. jessica, i want to give folks just an idea what they left on the table. we will put it up on the screen here, the bush era tax cuts, automatic budget cuts, payroll tax cut, the farm bill. mentioned the post office, that's one near and dear to my heart. my father has been there 37 years. do both sides see more power in pro-cast nation? >> you're going to hear republicans continue to talk about why these things are important on the trail and democrats as well. i think for instance the farm bill, democrats see that as having a particular impact...

Several top republican senators are visiting battleground states to warn about the likely impact of automatic budget cuts for the military especially when it comes to the economy and jobs. today they are visiting nulles air force base in nevada. joining us now is senator john mccain the ranking republican on the armed services committee and kelly ayotte also sits on the same committee. nice to have both senators with us. i want to ask you, senator mccain about sequestration, but i will ask you about politics first. it's been 48 hours since mitt romney has made the announcement for vice preside...

>> shannon: if lawmakers can't reach a deal to cut federal spending and sequestration triggers automatic budget cuts across the board the defense department will lose $500 billion. will that put soldiers at risk or the benefits and healthcare of our veterans? committee member joe wilson joins us with his concerns. republican from south carolina. congressman, thanks for joining us today. >> shannon: we are having a bit of a technical problem. let us try to iron that out. we will do that with the congressman. we want to make sure we hear you. let us work on that and we will get back to the congr...

he's also ordering lawmakers not to try to undue budget cuts that come as a result of the committee's failure. western powers are stepping up sanctions against iran after fears the country may be working on a nuclear weapons program. canada is banning all financial transactions. britain has ordered all financial institutions to stop doing business with iranian banks. the moderate father of a murdered british teen testified monday. they testified of phone hacking by the news of the world gave false hope she was alive. outrage over the scandal forced the closure of the tabloid in j...