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Of this country. in order for something big to get done, he's going to have to have his involvement in it. but right now, i think, we're dealing with the unfinished business of last year, resolution that would fund government till the end of this fiscal year. the house put forward $60 billion in cuts. that failed. $4.7 billion in cuts is what democrats have offered up. that's a big ways apart. coming on top of the remainder of these 2011 negotiations, which are being wrapped up right now, but we're ready to deal on that. republicans want a solution when it comes to entitlement reform. you have...

Daughter is in day care. when she came here six years ago, she didn't speak english. if this program wasn't available, what would you do? do you think you would be this far along or be able to spend time with your kids? >> it's great. we don't have -- i don't have to worry about my daughter because my daughter is in the day care. >> reporter: maybe not for much longer. while the program helped espina, federal funding for the program got cut after the officials deemed the program ineffective. other programs included the $400 billion spending reduction include election assistance grants, the l.e...

Consumers are more confident and banks willing to lend. he expects stronger growth in 2011. bernanke commented on one of the hottest issues in washington. deficit spending and effort to reduce it. without embracing plan for spending reduction he made clear the key question is whether the politicians have the backbone to confront the problem. >> it can be done. >> it's what we have the political backbone to do it. >> he said federal spending on unsustainable path in good times and only gets worse if congress doesn't act. there is only so far to kick the can down the road. the sooner we address ...

Bucket and again, what we need -- what it completely omits is growth in our economy. part of this also, which unfortunately i'm not sure how much the president dealt with when he was dealing with china were the trade problems, china's manipulation of currency and cheating with patents and copyrights and requirements companies have to go through to sell them anything is bloodying us to death and is another element we can look at for growing our economy but the idea of freezing things and somehow coming up with $400 billion in spending reduction is too little. >> heather: how about this, somethi...

The democrat were in control of congress with korea, colombia and panama. those are the kind of things we ought to be doing. i found his suggestion about spending reduction inadequate. to freeze spending at this high level we've achieved over the last two years is totally inadequate and i think we are bound for some disagreements on the issue of reducing our annual debt. running in excess of a trillion dollar deficits has really got to stop. >> on the topic of spending, you said when the president uses the word, investment, he's really referring to spending. my question to you is in the contex...