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At the end of the day we understand we have a spending problem. and this increases spending. >> i supported the budget control act, and i think that many of us who did made one fundamental miss judgment, and that is that we thought within the republican caucus there would be such strong opposition to the defense cuts that they would never go along, that was the gamble. but in fact, as it turned out, the deficit hawks who are more powerful than the defense hawks, and that was a miscalculation, and we are all now paying a serious price for that. >> we'll come back after the break. speaker john b...

strategy in the country. an american sergeant is suspected of the killings near his combat post near kandahar. afghan president hamid karzai has described the incident has unforgivable. the war in afghanistan and syria are certain to dominate discussions at the white house this tuesday as david cameron visits barack obama. they both have pledged to maintain the special relationship between their countries. those are the headlines from cnn. i'm monita rajpal. "world business today" starts right now. good morning from cnn london, i'm charles hodson. >> and good afternoon from cnn...