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And send them back to the states where i think they can managed far more efficiently. if this is an argument about president obama saying, hey, look don't cut back on federal spending, keep on growing the federal deficit. >> i think that is battle i'm going to win. i'm planning on getting a balanced budget and getting this economy going again. this is a classic of two different philosophies. do you believe in lower marginal rates and smaller government. that is what i believe in or do you believe in higher taxes like the president is proposing and more government spending and larger deficits. ...

And send them back to the states where i think they can managed far more efficiently. if this is an argument about president obama saying, hey, look don't cut back on federal spending, keep on growing the federal deficit. >> i think that is battle i'm going to win. i'm planning on getting a balanced budget and getting this economy going again. this is a classic of two different philosophies. do you believe in lower marginal rates and smaller government. that is what i believe in or do you believe in higher taxes like the president is proposing and more government spending and larger deficits. ...

Years ago. as low as 20 degrees below zero fahrenheit in some spots. waves rolled in from the sea and froze in western romania. that is what a frozen wave looks like. it's snowing in siberia, but this is rough. >> and bosnia and lots of eastern europe and so many people in this country is where is winter. take a look at the maps right here. it is minus 15 in the crew crane. minus 8 in moscow. minus 2346 warsaw and windchill in factor, 30 in paris but very cold in eastern europe the images that have been so scary, 114 as you were saying fatalities.

battles between police and protesters. egyptians took to the streets on thursday upset at how police handled or they say mishandled the football riot that left 79 dead a day earlier two people were killed in suez on thursday. u.n. diplomats have come up with a new security council resolution on syria and how to deal with them. it draws specific language russia doesn't like including references to sanctions and military intervention. i'm manesha -- monita rajpal. "world business today" starts right now. >> hello and welcome to "world business today." happy friday to all of you. i'm ...

Washington post" and joining us on set in a few minutes, al sharpton and digger phelps. let's get a check on the forecast with bill karins. bill? >> thanks, mika. temperatures today have dropped about 20 to 30 degrees in the northeast. rest of the country looking good with the exception of our friends waking up on the west coast. let me take you through it. winds gusting up to 30 miles per hour in philly and boston. that means the windchills are very, very cold. we're at minus 8. brutal start to the day after being warm yesterday. d.c. hit 70 yesterday. today only 44. it will warm back up thro...