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Program. that's the charge from a republican who says they are wasting $18 billion a year on a job training that's for anything but a j-o-b. martha: i'm martha maccallum. senator tom coburn is fired up about this. he says a new study he commissioned shows that money is going down the drain at an alarming rate. he says the job training is going to travel, lavish meals and video games and making the government bigger. >> the vast majority of money spent for job training, it goes to employ people in job training programs. juan williams, good morning to

>> i'm chris wallace in washington. big story here today is an attack ad against president obama you apparently will never see. tonight on "special report", mitt romney is condemning a reporteded effort to hit the president over his association with controversial former pastor jeremiah wright. but a spokesman for the billionaire who was said to be behind the ad says it was never under serious consideration. allied leaders are heading to america for two big summit meetings. the president hosts g-8 members at camp david and nato leaders will meet in chicago. changing face of the united states. m...

>> 90% of people who graduate from this program have a job three months later. 90%. >> the need to invest in job training has been a presidential mantra this campaign season and a political weapon aimed at republicans. >> what's the better way to make our economy stronger? give more tax breaks to every millionaire and billionaire in the country or make investments in education and research and health care and job training? >> presumed republican nominee mitt romney has called for overhauling the jobs training program. >> let you fashion your own programs so you can train your own workers for t...

For job training to the tune of more than $14 billion? now there are a bunch of new studies finding some problems with that job training effort. doug mckelway is live in washington with more context on this. doug? >> reporter: that's right, jenna. gao reports from as early as 1990s and again in 2000 and 2003, there was tremendous duplication and overlap and general ineffectiveness of federal job training programs. again last year the department of labor study found benefits of job training programs were quote, small or even nonexistent. yet taxpayers pour their money into these programs to the...

Voucher system that likely would not cover the doctors and the care that you need. that would have to come out of your pocket. job training programs like this one would be forced to cut back. thousands of americans would lose out on critical employment and training services. that's the truth. when you ask the republicans, well, what do you say about that? they say obama is making this up because we didn't specify which cuts we made. well, the reason they didn't specify is because they know folks wouldn't like it. if you got to cut a certain amount of money, and they have already said they're n...