our back-ups are sadly depleted. how did we get to this point? we got to this point because of eight years of the barack obama administration where this our military was under funded. the budget control act that emanated from the white house in 2011 known as sequestration has capped what we can spend on the military. not a proper budget process in the world we live in. instead we make do with what s there. it is not just too late as said in that testimony, it s too little. we ve underfunded every one of our services. less than 50% less air squadrons today in our air force and navy, 60% of our fighter jets are grounded. the army only three combat teams are capable. heather: let s bring it up so people can see it if writing. it is staggering when you look at how depleted our military is and how unprepared we are. the defense department budget fell by more than $100 billion from 2011 to 2014, active army
all male combat teams. bill s got a very tough 13lie here.. looks like we have some sort of sea monster in the water hazard here. i believe that s a kraken , bruce. it looks like he s going to go with a nine iron. that may not be enough club. well he s definitely going to lose a stroke on this hole. if you re a golf commentator, you whisper. it s what you do. if you want to save fifteen percent or more on car insurance, you switch to geico. it s what you do. this golf course is electric. hey babe, last one home cooks?
ivans, an agent who went missing from his home last week. he s being described as suicidal and could be carrying a handgun. police don t think he s a threat to anyone else but himself, but they re urging the public not to approach him if they see him. days after revealing that the nation s largest bank lost $2 billion in risky investments, jpmorgan has its first casualty. the chief investment officer retiring after more than 30 years. over the weekend ceo jamie dimon gave a mea culpa of his own. it was a stupid thing that we should never have done but we re still going to earn a lot of money this quarter. it isn t like the company is jeopardized. we hurt ourselves and our credibility, yes, and that we ve got to fully expect and pay the price for that. may not be enough. a former government watch dog on the bank bailout says dimon should resign from the new york federal reserve board. elizabeth warren says the move would shore up public trust which is still rattled from
the outside world with william cohen. it is a new day hopefully a far safer one for sunlts at a los angeles school at the center of a shobi ishocking child abu n scandal. they were greeted with an entirely new staff. the whole staff was replaced after the arrest of at least two teachers accused of committing lewd acts with students. eight alleged victims are expected to announce the first lawsuits in that case. president obama is let sing states off the hook when it comes to the no child left behind law. the president is expected to announce this hour that he s freeing ten states from stricter parts of the law in return for a promise to improve how they evaluate and prepare students. those states will no longer be forced to meet the requirement that all students be proficient in reading and math by 2014. mr. obama s announcement is due to start at 1:55 eastern time and we ll bring it to you live. finally big relief to the tune of 26 billion for distressed homeowners. if y
the city, it s being under shelling, bombing, and everything. there s nothing to do. the embattled syrian regime is stepping up its brutal attacks. activists who want democracy and want president bashar al-assad to fall, they re telling us more people are being killed. we re seeing the neighborhoods right here reduced to rubble. in homs, syria s third largest city, more than 90 people are reported killed so far today. because foreign reporters are mostly ban from the country, we continue to rely on home videos posted online. that was another rocket over there. this is happening every day. and while this is happening every day the united nations is considering a joint monitoring mission with the arab league. our senior international correspondent nic robertson was on the last monitoring mission in syria. you ve been on a number of these, right? yes. give us a sense of how effective this can be and how this works. if anyone thinks that arab league monitors is backed