Live Breaking News & Updates on Presidents budget will freeze spending

this was a president, senator durbin, who said during the transition we can't kick the can down the road when it comes to entitlement spending. the biggest drivers of our nation's debt yet he chose not to do so in this budget. why? >> well, let's give credit where it's due. the president's budget will freeze spending, and over t course of five years is going to reduce our deficit by some $400 billion. we'll see domestic discretionary spending at the lowest level as a percentage of gdp since president dwight d. eisenhower. it's a step in the right direction, and it's consistent with the first two years the deficit commission recommended. we went beyond that. we said after the first two years we need a 5% reduction in the first year and half the cost of living increase reduction for the next seven years. so we do achieve more through the deficit commission. now, david, the good news is this. there are six of us, three democrats and three republicans. still meeting. looking at the deficit commission as a template or as a goal in trying to find a way to

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