all right, the president's 2012 budget hot off the printer, and he is expected to talk about the expending plan of his in just a few minutes at this school in maryland. there's some painful cuts tucked away in those blueprints. about half of all government agencies would actually see their funding reduced from last year's levels. airports, subsidies, education grant, all of these could take a hit, and also defense spending, and that's where pentagon correspondent barbara starr comes into play. she is standing by to watch this as well. this will take place in parkville middle school in parkville, maryland. let's talk about how this will impact spending on the wars in iraq and afghanistan. >> reporter: well, you know, kyra, here at the pentagon,

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