house and speaker boehner to include the expired farm bill in their discussions arguing it could help in the push to reduce the deficit. the problem, stalled proposals to replace the expired program include billions of dollars in cuts to food stamps. the senate bill would shave $4.5 billion from the program over ten years. the house version would slash $16 billion over the same time period. the congressional budget office estimates the house bill would throw upwards of $3 million people off the food stamp roles and hundreds of thousands of children denied free school lunches. needless to say the cuts could not come at a worst time for recipients. as of august, 47 million people americans relied on food stamps to keep from going hungry up from 31 million just four years ago. joining me on set, the author of the juice, and in the nation s capitol, cnbc s chief washington correspondent, john harwood. we have our sage of capitol hill
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be taken into account as we look at the overall deal. now it s time for republicans to really put revenue on the table. congressman chris van hollen, thank you for your time, sir. thank you. we re following developing news out of the white house where president obama is expected to host mexico s president-elect within the next hour. issues like trade, border security and immigration are scheduled to come up. it s skijed for a quick meeting. one expert says from the mexican side there s a real desire to rebalance the relationship. there s a perception and feeling that the security issues became the exiclusive focus. they want to make sure the economy and global aspects of the relations aren t lost. let me bring in chief washington correspondent, john harwood. a 15-minute meeting does that equate to a photo op perhaps? sure, it s a photo op. obviously, relation with mexico are extremely he important. the united states is the largest trading partner of mexico.
americans. as a start, i ve called for a freeze on annual domestic spending over the next five years. this freeze would cut the deficit by more $400 billion over the next decade. budget freeze will require tough choices. it will mean cutting things that i care deeply about, for example, community action programs and low-income neighbors and towns and community development block grants that so many of our cities and states rely on. and joining me now, cnbc s chief washington correspondent, john harwood. as i mentioned, you are already having people criticize from both sides of the aisle, republicans and democrats. you also have people wondering about entitlement programs, why the president is not addressing social security and medicare. it s like the goldy locks bed search, one s too hard, one s too soft, finally one may be just right but it seems a long root road away.
ma. those are live pictures of tahrir square. clearly thousands of people out there. the white house may be resigned for hosni mubarak to stay in power for a while. the chief washington correspondent, david stenger. it almost appears as if united states has decided suleiman is in charge because that s who they seem to be having more interaction with over the last 72 hours than anybody else. or at least they hope he s in charge. they hope he s in charge. as part of a deliberate strategy to slowly isolate president mubarak. remember the three stages we ve been through here. stage one when the protests started, hillary clinton stepping out and saying, egypt is stable, the government is stable and president mubarak is committed to reform. stage two, exactly one week later, president mubarak gives a speech. president obama doesn t believe it s gone far enough. he steps outs and says reform
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