A chance for a downpour, but the big easy drawing a big crowd to watch the annual parade with all those colorful floats and nonstop jazz music. Brazil celebrates its own carnaval tradition. The party ends tomorrow when catholics head to church for the first day of lent. Let the good times roll. They had a mini carnaval in rome right behind us in rome. It will all be different tomorrow. Im shepard smith. Here comes your world with neil cavuto. Neil thank you. Tonight barack obama has choice, maggie or nicky or keep playing the same games on spending that have the capital more looking like walt disney. All it took a report out out of treasury of a surprising surplus to take the pressure off this president to cut spending this cold night in february. Democrats quickly seizing on the data proof the deficits are Getting Better thanks to higher taxes. The president apparently says that his debt slashing is all but done, he has come up with 4 trillion budget cuts and mission accomplished. Its
but done, he has come up with $4 trillion budget cuts and mission accomplished. it s over ten years and still leave us $35 trillion more bucks in debt over the same ten years. are we really saying it could have been worse? it could have been $9 trillion more, more or less. don t expect much cutting. because now is not the time to cut. you got to ask yourself, when is the time to cut? if the economy is too fragile to cut spending why is it perfectly fine to raise taxes? so revenue is good and less government bad? it s time to seized moment of spending right now but something tells me not this president and not now because it s clear that barack obama neither senses the urgency to cut spending nor the need and pelosi doesn t even see a spending problem. because now is not the time to be cutting anything which i think says everything. he ll use the argue coming into office four years ago because we simply couldn t afford to do it then. six trillion in debt and four years later l