Key Spending News Today : Breaking News, Live Updates & Top Stories | Vimarsana

supercommittee whose job it is to cut the nation s debt to the point where they won t have to start slashing other areas. what do we expect to hear from them and when? reporter: that s right, it is a supercommittee, six republicans, six democrats, headed by senator patty murray from the state of washington, a democrat, and house republican jeb hensarling, republican of texas, they ve got to find common ground to cut up to 1 1/2 trillion dollars by thanksgiving. it not there are drastic across the board cuts that go into the areas of interest, in terms of republicanning lose perhaps losing defense spending and democrats losing key spending and so a lot of pressure on those lawmakers this fall. martha: that s going to be very interesting. mike, you ve got a good seat for all of it. thank you. bill: you can watch that speech, 7:00 eastern time on thursday night, that s when the jobs speech happen, but now one of the most influential senate republicans is saying he might sit this one

Thats rightPatty murraySeeing east texasThe white houseJeb hensarling1 2 trillion1 2 trillion dollarsMartha maccallumKey spendingDefense spendingHi billJobs speechMike emanuel