due in court for sentencing today, 36-year-old ahmed ghailani was convicted of taking part in the bombings of two u.s. embassies, eastern africa, back in august of 1998. prosecutors looking for a life sentence for him. 31 past the hour, martha? martha: all right, well earlier today we spoke with republican congress management jim jordan of ohio, from the republican study committee an detailed a plan they ve come up with that would cut $2.5 trillion from the budget over the next decade and, now let s hear from the other side of the aisle, democratic florida congresswoman debbie wasserman schultz, how chief deputy whip and we welcome her here, good morning, good to have you here. welcome to america s newsroom. what do you think of his idea. the republican study committee, scott garrett and a bunch of others have come together and they say they ve outlined $2.5 trillion in cuts. do you like the plan? no. martha: no? why? that is a shock, martha. martha: let me know why. essentiall
remain. the 2005 hearing on u.n. reform, the then committee chairman, late congressman henry hyde, laid out the challenge. even the most steadfast of the u.n. supporters must concede that after more than half a century of operation, this many faceted, sprawling entity is very much in need of focused scrutiny and extensive reform. sunday support u.n. supporters will testify the u.n. has taken the steps to prevent fraud and wrongdoing, but it seems that many of the issues raised years ago about be will be echoed again this morning. martha: we ll see about that effort this time around. thank you very much. bill: unemployment, over 9 percent, housing market still shaky just about everywhere and this evening, the president lays out the state of the union. in a moment we ll lay out the state of the economy, with eric bolling on that. martha: and an honor killing right here in the united states. the latest in the case of a father accused of taking the life of his daughter for
security. you have to protect it from wall street. not hold hands with wall street as wall street picks the pockets of american seniors. bill: a lot of people say you have to do something about social security. listen, i m out of time, please come back. we ll continue our debate. there is so much to talk about. dennis kucinich, democrat out of ohio. you can watch the state of the union address later tonight here on the fox news channel. it s the only place where you re going to hear it, 9:00. martha: let s talk about home prices, we just got a new report on them and prices have been falling in this most recent read on the housing market in america s largest cities, average prices in eight major markets have hit their lowest point since the housing bust. this index takes a look at 20 cities, home prices in all but one city, san diego, dropped in the last quarter. prices in atlanta, charlotte, detroit, vegas, miami, portland, oregon, seattle, tampa, have all set new lows since home price
waiting for us to cheen up our economy and we can t give do overs for our kids in schools because we have a bad economy. it s going to be a balance between investments and cutting and i think he s got the right mix. martha: paul ryan is being depicted as this budget hawk who wants to go after spending, bill, and that is the way that democrats want to portray any kind of spending cuts as a heartless, you know, to the people of this country who are in need. you know, who you how successful are they going to be at crafting the republican side with that message? i think that s not his challenge. i think his challenge is to do what mary ann says, to have a credible program for jobs and for spending, and this goes beyond words. look, the state of the union is mostly fluff. there s a lot of dramatics back and forth, a lot of great atmosphere, the president of the united states, talking to the represen, talking to the american people through tv and no one ever remembers the speech a week lat
are focused examine programs through hearings that aren t working, that aren t living up to expectations. martha: like what, for example, give me an example, something you would like to see go. well, because i haven t spent some time really going through it, and hearing feedback on the i m not going to give you a knee-jerk reaction and be irresponsible, we re going to slash and burn. we need to review those programs carefully and then, cut the ones that are not working and that is what president obama will talk about tonight, we need to be sure we re promoting innovation and competition and making smart cuts, not repealing health care reform which adds $230 billion to the deficit, and let s sit down together in a bipartisan way. i agree we need cuts and let s do it in a careful and smart way and not pick number, slash and burn. martha: people heard of going line by line with a scalpel through the programs and they feel like nobody is actually doing it, you know? that is the prob