>> president obama just signed the 2011 budget deal and kept the government running but vowing to get serious about america's fiscal crisis, house republicans today pushed through a blueprint that would slash spending by trillions and trillions of dollars in the next decade and and vowing to dig in and defend what they are calling the sake kret contract with the american people. let's go straight to capitol hill, our senior congressional correspondent, dana bash, is standing by. this all promises, dana, based on the early rhetoric, to get pretty ugly. >> reporter: it already is. republicans are saying that they should be rewarded for offering bold ideas to tackle some issues like the deficit that congress has let spiral for years but dealing with medicare, trying to overhaul that, that is rough political terrain for republicans.