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Additional requirements for that deal, additional tax increases after what speaker boehner has said was kind of a deal that was in the works on the big picture. so it depends upon your perspective, i suppose. jon: it affects about every single one of us, bret. you re good to join us six hours ahead of special report , i know you ve got a lot to get ready for. thanks. joan jenna: one of the things we re getting ready for is an interview with the budget director, jack lew, will join us live from the white house. he s in that press briefing room, getting warmed up a bit, i d say. jon: you re going to throw some hard ball questions. jenna: going to come for the real deal, around 12:45, and hopefully he ll get out of that press briefing and will join us. if you have questions for the budget director, go to foxnews.com/happening now. jon: let s get to the rate for get to the race for ....
fair by asking everybody to do their part so that no one has to bear too much of the burden on their own. all told this plan cuts $2 in spending for every dollar of new revenues. in addition to the $1 trillion in spending that we ve already cut from the budget our plan makes additional spending cuts that need to happen if we re to solve this problem. we reforming a cultural subsidies, subsidies that a lot of times pay large farms for crops that they don t grow. we make modest adjustments to federal retirement programs. we reduce by tens of billions of dollars the tax money that goes to fannie mae and freddie mac. we also ask the largest fansal firms, companies saved by tax dollars during the financial crisis, to repay the american people for every dime that we spent. and we save an additional one trillion dollars as we end the wars in iraq and afghanistan. these savings are not only counted as part of our plan but part of the budget plan that nearly every republican on the ho ....
we reforming a cultural subsidies, subsidies that a lot of times pay large farms for crops that they don t grow. we make modest adjustments to federal retirement programs. we reduce by tens of billions of dollars the tax money that goes to fannie mae and freddie mac. we also ask the largest fansal firms, companies saved by tax dollars during the financial crisis, to repay the american people for every dime that we spent. and we save an additional one trillion dollars as we end the wars in iraq and afghanistan. these savings are not only counted as part of our plan but part of the budget plan that nearly every republican on the house voted for. finally this plan includes structural reforms to reduce the cost of healthcare in programs like medicare and medicaid. keep in mind we ve already included a number of reforms in the health care law which will go a long way towards controlling these costs but, we re going to have to do a little more. this plan reduces wasteful subsidies ....
moving flames have destroyed nearly 600 homes and forced the evacuation of almost the entire city, jon. jon: the wildfire outbreak there, causing governor rick perry to take a break from his presidential campaign and return to texas. perry says he is putting politics aside because peoples lives are at stake in his home state, evacuees saying they are very thankful they made it out alive. we got our kids and our pets out. so we just want to know if it s still there or not. i got the things that are near and dear, the valuables, legal papers, weapons, pictures, bank records. everything else can be replaced. jenna: texas is experiencing the worst wildfire season on record, with flames scorching 3 1/2 million acres since december, and just to give you some perspective, that s an area larger than the entire state of connecticut. the fires destroying nearly 2500 structures, including more than 1000 homes across that state. kris gutierrez is live from dallas watching this ....
about debt in europe and here you go with the markets down 2 percent. nicole pedelides is going to give us a report about what s happening down there and we ll be following the markets all day today on fox news. jon: and this fox news alert, a massive wildfire across drought-stricken texas and today crews are battling the flames hoping they can catch some kind of a break. good morning i m jon scott. welcome back, jon scott, from your world travel, maybe you ll share photos with us this week. we ll see. we re here in the fox news room and happening now , that s the big story of the day, the fires raging over the lone star state, but the far worst is burning east of austin, where the fast moving flames have destroyed nearly 600 homes and forced the evacuation of almost the entire city, jon. jon: the wildfire outbreak there, causing governor rick perry to take a break from his presidential campaign and return to texas. perry says he is putting politics aside because peo ....