plank on these issues, and he invites the president to walk the plank with him. they re both going to have to walk the plank when it comes to entitlements. you can t cut entitlements with one party going into 2012. what we re talking about now is a vote before the 18th of march which will deal with the $61 billion in cuts the house has couple with. over the weekend, i was surprised how they both put the lines in the sand the way they did and i don t believe the democrats are going to go any more than 20 billion the house, because of the tea party people, are not going to give them the 60 billion, which means that s a formula for shutting down the government a week from friday. bill: you think that s where we re headed. i think that s where we re headed. bill: andrea, you don t think that s going to happen. why not? no, i think they re going to come to together and come to an agreement. republican it is they cave sadly is going to be on defense spending but i do not think they re
remember, bill, republicans shut down the government in 94, they went on to keep the house and kept it for years after. so i don t think they think this is a big deal if it happens, i think they know the american people are on their side. bill: but you just made the point, too, that you think republicans will cave. little ate b bill: the # seven house freshmen, they ve not moved. i think they will kraef a little bit a cave a little bit to prevent a shutdown. i don t think a shutdown is going to happen. bill look at john kerry on republican. sue: i don t believe what we have from the house is a serious economic plan, i think it s an ideological, extremist, reckless statement. if that were to be in fact put in place, it would contribute to the reversal of our recovery, it sets back gdp, we will lose 700,000, 200,000, 500,000 jobs, whatever we lose, 200-700, it moves against the recovery that we ve worked so hard to achieve. bill: listen to that point
reporter: it all comes down to whether or not the banks are going to participate in this bill. right now most of the banks have not signed on. so far chase and gmac have. as you know in california you ve got to have more than just those two especially as our state is in a big, business hole in dealing with financial homes. bill: try and buy a big home 20% down, it s been a longtime since it s been that way. adam housley live in l.a. martha. martha: around this time in the last presidential election season about ten republicans had already announced that they were running for the gop nomination. today not one has announced. bill crystal takes a look at what is up with that, bill hemmer. bill: what is up with that. some amazing pictures on hawaii s big eyes lan, a volcano shooting lava 80 feet in the air. what is it like to be there? we ll talk to an eyewitness with some incredible shots. martha: that s kiluau.
hole and we ll bring it to you as we get them here. martha: laura, thank you very much. it s one of the only volcanoes i know by name, except for the one in iceland which i can t pronounce. bill: kiluau is fun to say. so is a lot of lava! looking at radicalization of muslims in america, it s creating a storm on both side, critics say it s a witch hunt. in soplts reverend al sharpton will address that in america s newsroom .
because he s a democrat has a better chance of succeed something. i do. you ve got the democrats who control most of al benefity, a democratic governor who s been a very liberal governor but i cheer him on, bill. he s basically said look, new york can t tax itself any longer. you live there, bill, you know, just as andrew cuomo says, new york is taxed to death. they ve got to get spending under control. bill: one more thing on this. the numbers have the new york times today, in the year 2000, pensions cost $100 million to new york payors payors. now 1.5 billion this year, by the year 2014, it predicts $2 billion in cost to the taxpayers. so bill, what this is saying and by by the way, new york is estimate to similar to over half the states, the single biggest largest increase in state expenditures is public employee pensions and public employee health care plans and naz not buying the kind of services you need and