m let me circle back to oko. i think we all agree that the cbo, i think we would all agree that the cbo is the referee and i want to make it clear that cbo scores oko as savings. >> so, if we assume we are going to be at war for ten years in bt the baseline, because that is what the law requires cbo does by the way. ir and all of a sudden we are going to have a pull out from iraq anf afghan before ten years is over, this money is all of a sudden a spending cut, it's savings?ngs? >> savings relative to the baseline according to the cbo. it importantly closes the back b door on discretionary spending. >> if this is how we measure udt reality heaven help us. i'll use your budget and your chart, bring up figure one. i have your number for you. n so we will get into it if you want.o it you are adding $11.4 trillion to the debt, excuse me, the $11.4 baseline adds that to the debt.e that means if we do not do anything, we sit still, we add $11.4 trillion to the debt. your budget adds $11.2 trillion to the debt. how on e

, we are closing the back door to spending by capping oko. cb cbo scores it as savings, and it's this president that is responsible for the draw down in afghanistan. i don't know how you are cutting the chart here but you have left off $1.5 trillion of revenue that neepds to be raised. revenue that is part of balanced deficit reduction. the president proposes that. >> this is the spending side of the ledger. >> and then on the spending side, i'm not sure how you are cutting it. there are $360 billion of mandatory savings and other programs. the ppcg, the federal retirement and agriculture programs. further savings there and you have debt service from bringing down the spending. >> so we net things out that is what balance sheets do. when you net it all out. not claiming credit for something somebody else did or congress and president did before, you cannot say this budget has policy changes which achieves a result that was achieved before, it's not achieved in this budget. with respect to war, we passed ed supplementals to fund wars. it's not

second, oko closes the back door -- >> does that get you there, then? why do you count the stimulus spending? >> i'm sorry? >> if you're going to count things that happened in the past, why do you only count the -- >> it's part of the budget -- >> it's not in the numbers. >> so the dca this summer, that counts towards the $4 trillion deficit reduction we've been talking about. secondly, very importantly, we are closing the back door to spending by capping oko. cbo scores it as a saving and it's this president's policy that led to the drawdown for getting our troops out of iraq and draw down in afghanistan. i don't know how you're cutting the chart here, but you've left off $1.5 trillion of revenue that needs to be raised, revenue that's part of the deficit reduction. again, i'm not sure how you're cutting it, but there are $360 billion of mandatory savings from health care, and there's another $270 billion of savings from other mandatory programs. so there's further savings there. and then atop all of that, the debt service is bringing down the spending

capping oko closes the back door on security spending. and then their other net savings of $141 billion, these include disaster adjustments, program integrity and general fund transfers for transportation that are no longer necessary. as a result of the proposals, debt service decreased by $800 billions. in that pink bar next to the green bar. there are $176 billion in investments in short-term job initiatives. so it cuts the other way. these are investments. these are job initiatives not spent in 2012. >>> i want to be clear that we do not count the sequester in our total deficit reduction. we believe it is bad policy and we propose that it be replaced by this larger more balanced package of deficit reduction. but be clear, the sequester is still in place, the president believes it's an important enforcine -- it's an important enforce balanced debt reduction. even as we achieve the deficit reduction we continue to make key investments in priority areas. these are short-term measures for job growth totaling $354 billion and tax breaks for

alr if you look at the appropriations budgets today, o they are already using so-called oko or savings as a bit of a slush fund when it comes down to it. the reality is closing the door on that slush fund, i believe whether achieve real savings as we move to the out years and the decisions that the president re made with respect to afghanistan and iraq will help to speed up is that effort. i would point out that the chairman, when he presented the republican proposal here before the budget committee last year n and said that their budget selin achieved a $5.8 trillion cut ou of the cbo baseline, that cath included the oko spending. it does. but, we will have that conversation. because cbo includes that in their baseline as you pointed out. out. >> yes yes >> let me turn to what is the essential question that we face, which is how do we achieve the deficit reduction we all recognize we need to get to over the ten-year period, how do we, you know, get the balanced do budgets over the longer term an stabilize the debt as a percentage of gdp and really that means that there are a choices t

with counting oko. if you look across agencies, beyond dod, half of our agencies have flat or negative spending, in 13 versus 12. this is a budget that i would argue has a lot of spending control and at the end of the day, the bottom line as i mentioned earlier is that we're down to -- in 2013 to 5.5% of gdp and then in 2014, 3.9% of gdb. significant progress not where we need to go. we need to get the deficits lower. we need to have debts stable as a percentage of gdp, but we're on the right path of this budget. >> but you have adjusted the base line which allows you to make the claims that you're making in a number of contexts here. let's forget about the base line. let's forget about the percentages and all of the arguments that have been made about how we're going to be reducing percentages of spending. is it not accurate to say that the president proposes in this budget for 2013 more spending than he proposed for this same 2013 budget last year and the same 2013 budget the year before. >> i think y

and they're already calling her the owethe oko ono. yes, that's who you think it is in the new england pats owner an independent progressive voice and i love that. >>jennifer granholm joins current tv. she's a political trail-blazer. >>people like somebody who's got a spine. >>determined to find solutions... >>we need government to ensure that people have freedom. >>driven to find the truth... >>what's really going on? >>fearless, independent and above all, politically direct. >> rush limbaugh fails to pick a super bowl finger. and you're really super bowl round up next. first because there is nothing super about these folks. we have the worst persons. the charles payne that is fox news. mr. payne is the latest victim of fox dilemma. it must assert that the economy is not getting better even though that it is, and telling its audience that poor people have it great in america. here is mr. payne who attempted to jump that snake river canyon of chasms and just didn't make it. >> people aren't dieing in america. in fact, the very poor suf

and they're already calling her the owethe oko ono. yes, that's who you think it is in the new england pats owner 50 >> there were a number of funny insightful and entertaining ads during the super bowl, yesterday, and then in michigan, there was one that would have made the 1970 incarnation of don rickles french from pete hoekstra. drawing harsh criticism but it's not the first in race debateing. this is supposed to depict an asian woman in a rice paddy speaking with broken english. >> debby spend so much of one money you buy more and more from us. your economy get very weak. our get very good. we take your job. >> scripted very weak. acting get worse. >>> the asian-american pacific islander group said it's very disturbing mr. hoekstra's campaign chose to use harmful and negative stereotypes that use anti-sentiments. the stereo tightsthe stereotypes is counter productive. and many are asking the recall of the ad. saying quote the imagery in the ad is no different than folks who put black face on." using an actress whose broken english

and they're already calling her the owethe oko ono. yes, that's who you think it is in the new england pats owner is on the new news network. >>welcome to the war room. >>jennifer granholm joins current tv. she's a political trail-blazer. >>make your voice heard. >>detremined to find solutions. >>that partnership in order to invest in our country is critical. >>driven to find the truth. >>how did romney get his groove back? >>fearless, independent and above all, politically direct. >> there were a number of funny insightful and entertaining ads during the super bowl, yesterday, and then in michigan, there was one that would have made the 1970 incarnation of don rickles french from pete hoekstra. drawing harsh criticism but it's not the first in race debateing. this is supposed to depict an asian woman in a rice paddy speaking with broken english. >> debby spend so much of one money you buy more and more from us. your economy get very weak. our get very good. we take your job. >> scripted very weak. acting get worse. >>> the asian-ameri

ddath of student.friends are still rrmembbring 13-yeaa old michael truluck..aturday drankkone four oko door to vomit. thht's when heetumbled out and &pwassrun over by a car... as his frieeds watched.some of &phhs friends now say this scar and sad situation... is of agg... to drink. "i want people to stop drinking so this doesn't happen to anyone lse, it's devastating""this is geared ttwards kids marketed to kids to get drunk cheaply" pottnt...one can is equivalent to about ffve beers ... all for just a few dolllrs.tte p-d-- was one oof any agencies aad groups complaining about it's safety.. as a result, ouu of it, but experts say... it's still dangerous. the food and rug administraaioo plans to innestigate whetherran inhalable caffeine product... conssmerr. the proddct... called market laat month... in e - caffeine equivalent of a large cup of coffee... along with vitamins. the product did not require an -d-a review... since it's sold as a dietary supplement. but some are concerned young people will use the product so dinking diet soda may benefit could also be increasing your risk for