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Bringing spending levels down to '08 levels. we've talked about things that we can do to make sure that off into the future this kind of spending doesn't continue. when i went back and told you three bites at the apple, the other pieces are budget. we're going to work on our budget and say, look, we'll have to institute some reforms to make sure these spending patterns don't recur. >> if you say serious spending cuts, you don't have something specific in mind. you'll know it when you see it, is that the approach? >> that's not true. we'll have a vote on the floor of tuesday of this week direct...

Do we have this? >> i'm going to try and make a real difference in washington spending patterns. you know t. doesn't take a genious in the private sector to know that you can save literally hundreds of billions of dollars in federal spending if you can make it more responsive. that's the main job. >> reporter: issa says medicare fraud will be a major focus and some of the investigations he could launch include listening to the impact of government regulation on job creation, fannie mae, freddie mac and the foreclosure crisis, impacting corruption in afghanistan, wickileaks, and the fda and foo...

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