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And what mr. romney did was essentially take the president to task for the idea of so-called sequestration which refers to the fiscal cliff the government would face in january if no strong steps were taken to cut spending, automatic spending cuts kick in. >> the estimates of the kind of numbers of jobs lost in virginia from these cuts is between 100 and 200,000. it's unthinkable. it's unthinkable to virginia, our employment needs, but also unthinkable to the ability and the commitment of america to maintain our liberty with liberty for all. and therefore, if i'm president of the united states...

As the deficit super-committee failed to come to a resolution, this automatic spending cuts will start to hit the government as well. that is brought out in this report. they say they're concerned about that and financial services as well. 56,000 jobs lost there this year. that is up 162% from a year ago. you have the government, financial services. retail is the third worst hit so far this year. jenna: interesting. you mentioned veterans. veteran unemployment above 12%. something we'll be watching. robert, always nice to see you. >> reporter: likewise. jon: well, months after receiving the me...

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Patently not true. we just cut $917 billion without one dime of new revenue. he knows it. we just did it. we cut $550 billion in the health care act, from medicare. we didn't raise -- i mean, this is just nonsense. >> if the supercommittee cannot come to a consensus, automatic spending cuts will kick in $1.2 trillion over ten years to domestic and to military programs. half of that would be to military. defense secretary leon panetta warns the cuts slated to start in 2013 could cripple the military. committee members don't expect a breakthrough, but the obama administration is still urging the...