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Is we have no deficit due to years of budget cuts and due to the new tax revenues were realizing from voters approval of proposition 30 in november and essentially as he said, this is a breakthrough. Its not without risks. He was careful to caution. Its only january. This is only the start of the budget process. We all mull it over see how the numbers develop. He puts out his may revision then the Legislature Starts fight over it and hopefully we have a document enacted by the end of june. Were only at the very beginning. There are a lot of risks along the way. Theres a federal deficit that ne...

Is we have no deficit due to years of budget cuts and due to the new tax revenues were realizing from voters approval of proposition 30 in november and essentially as he said, this is a breakthrough. Its not without risks. He was careful to caution. Its only january. This is only the start of the budget process. We all mull it over see how the numbers develop. He puts out his may revision then the Legislature Starts fight over it and hopefully we have a document enacted by the end of june. Were only at the very beginning. There are a lot of risks along the way. Theres a federal deficit that ne...

Well, what makes it different is we have no deficit due to years of budget cuts and due to the new tax revenues were realizing from voters approval of proposition 30 in november and essentially as he said, this is a breakthrough. Its not without risks. He was careful to caution. Its only january. This is only the start of the budget process. We all mull it over see how the numbers develop. He puts out his may revision then the Legislature Starts fight over it and hopefully we have a document enacted by the end of june. Were only at the very beginning. There are a lot of risks along the way. Th...

Grey skies but it still looks dry. Storm team4 meterologist tom kierein joins us with the first forecast. Whens the snow coming, tom . It looks like later this afternoon. Weve had rain persistly falling all morning long along i95 and areas south and east of there and right in washington, points north and west and a few scattered sprinkles off and on throughout the morning hours. All of this coming from a developing area of low pressure, centered over atlanta, georgia, on the backside of that, western side, you can see all the white is snow. Now pulling out of mississippi to alabama and snow fa...

Validity of those numbers. And profit, the latest oil major to suffer from weakness in its refining business. The shares trade higher on the dividend hike. Well bring you an exclusive interview with the ceo. Sgra youre watching worldwide exchange, bringing you business new from around the globe. Very good morning to you, everybody. Its going to be a lot more about central bankers yesterday after we heard from Janet Bernanke yesterday. Janet bernanke, nice. No . Ben yellen . Lets keep to first names. But youre right, continuity is the name of the game, isnt it . Or maybe not as far as mark carn...