Page 17 - Dollar Figures News Today : Breaking News, Live Updates & Top Stories | Vimarsana

so let's get to it. as you heard here, about 90 minutes ago on cnn, the president said that the federal government has gotten too big and complicated. that's not a revelation but he says he can fix it by streamlining, consolidating, simplifying. he said a leaner government would create a leaner and better national security. >> congress didn't consolidate on its side so now the department of homeland security reports to over 100 different congressional panels. that's a lot of paperwork. that's a lot of reports to prepare. that's not adding value. it's not making us safer. >> well, con...

the president will lay out a speech to the nation, and democratic sources are telling us that it calls for $300 billion in tax break, incentives and other spending offset by an equal amount of budget cuts. this is being described as a major make-or-break moment for the president. we will discuss it along with mitt romney's competing plan that he unveiled today, but first on the phone, chief white house correspondent jessica yellin with the details. jessica, this $300 billion figure, and what are the detailing of it? >> hi, anderson. with people in discussions with the white house con...

he'll lay it out thursday night to congress and the nation. democratic sources telling us tonight it calls for about $300 billion in tax breaks, incentives and other spending offset by equal amount of budget cuts. it's being described as a make or break moment for the president. we'll discuss it along with mitt romney's competing plan which he unveiled today. first jessica yellin. >> reporter: democratic sources in discussions with the white house confirm that $300 billion figure has been the working figure for the jobs package for at least a week now. it would mean as you say 300 bi...

incentives and other spending offset by equal amount of budget cuts. it's being described as a make or break moment for the president. we'll discuss it along with mitt romney's competing plan which he unveiled today. first jessica yellin. >> reporter: democratic sources in discussions with the white house confirm that $300 billion figure has been the working figure for the jobs package for at least a week now. it would mean as you say 300 billion in both spending and then cuts. the white house has said that this will be a revenue-neutral package. so that would mean that in addition t...

>> well, you know, we're in a cycle of above average hurricane seasons so what we're going to tell the president is irregardless of the seasonal forecast, we need to get ready for any hurricanes this year. >> do you have enough money? >> yeah, everybody is talking about money, i think, for response we're in good shape. it's going to come back to rebuilding from the other disasters as well as any new disasters. we're still in response mode in many of these areas so until we get those dollar figures, we're staying focused on the initial response. >> and you'll get those dollar figures, am i corr...