neera daen is here, william black, steve ellis and phyllis bennis.ation process that is set to happen this week. before we went to break, steve, you quoted woodrow wilson. basically $85 billion in the context of the federal budget as a whole is a relatively small amount of money and i feel like there are other people at the table that felt differently about that and then we went to break. neera, a response. >> look, they actually are going to have a huge impact. there have been countless -- i feel like it's sort of gotten out there that we're going to have cuts to teachers, cuts to kids in pre-k, mental health counselors. >> head start, long-term unemployment benefits, job force development and training, air traffic control. >> and according to the congressional budget office we'll take a relatively sharp hit to gdp and economic growth. and actually what is really dumb about these particular cuts is when you look at the federal budget at large, you are actually hitting the areas that make america the most competitive. if you're thinking about long-te