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right for america to stand with you. >> mitt romney trailing in polls when they are asked which candidate would handle foreign policy better. it's a critical time for him to recover from what some say were big gaffes made in britain. michelle is the co-chair of the obama campaign's national security committee and former defense secretary under president obama and in the situation room during the osama bin laden raid. nice to see you. thank you for talking us with this morning. do you see a big difference between mitt romney's foreign policy stance when it comes to iran and president ...

now. he also attends a private fund-raiser in pittsburgh. president, he's going to be speaking at a fund-raiser in san antonio. we expect to hear from him any minute. we're going to take you there live when he starts his remarks. we're going to have live coverage from the romney rally. that is also happening later this hour. relatives of two missing girls in iowa say they are now bracing for the worst but hoping, hoping for the best. 8-year-old elizabeth collins and 10-year-old lera cook were seen friday riding their bikes near a lake. the girls' aunt appeared on hln along with the...

Ok. we will be showing you something later, alex just told me. the house will be voting on a bill later today. what? >> nothing. news, all news. >> that will cut the deficit by $300 billion over the next 10 years. the republicans hope to stop a round of cuts to the defense programs. it's likely to pass in the house, but the bill is not expected to advance beyond the democrat controlled senate. the republican bill contains cuts to medicare and food stamps but no new tax revenue. is anything getting done here, heilemann? >> no. >> not one thing? >> no. >> all those things will go away? >> look, ...

The language of the ghetto remark made it into that ad. according to a count by "the new york times," gingrich mentioned ronald reagan's name 55 times in the past 18 debates. in another romney super pac ad, questions the entire reagan story. >> from debate, would you think that newt gingrich was ronald reagan's vice president. >> i worked with president ronald reagan. ronald reagan. ronald reagan. president reagan. >> but in his diaries, reagan mentioned gingrich only once. reagan criticized gingrich saying "newt's ideas would cripple our defense programs." on leadership and character, gingric...

Republicans did agree to increase taxes and democrats said, no, not good enough? >> i don't think it was necessary. >> gregg: a little greedy on it? >> no i think in order to pay down the deficit, whether you want to raise taxes or not. i don't think people want to raise taxes. it's just a reality. there are so many cuts this that you can actually do. because of where we are, we need to raise taxes. i don't want my taxes to go up, but i want to be paying interested on our debt. >> gregg: if a deal is not reached automatic spending cuts will kick in. now it's looks inevitable and maybe failure ...