Government faces a budget dealine

by NBC News
 
President Obama is selling the virtues of his 2012 budget saying, “We're not going to be running up the credit card any more.

Republicans, meanwhile, are trying to cut down this year's budget, by more than sixty billion dollars.

Florida Representative Tom Rooney said, “The American people sent us here to change the way Washington works.”

The House began work on a bill that would drastically reduce government spending before the end of 2011.

Democrats don't have the votes to stop the House bill, but they are trying to slow it down.

Georgia Representative Hank Johnson said, “I know no one over there cares about working men or women of this country over there.”

The House plan has virtually no chance in the Senate where Democrats still run the show.

Congress has to do something by March fourth to prevent a government shutdown.

Senate Majority Leader Harry Reid said, “Which shouldn't be a possibility but with the Republicans heading in the direction they are of course it's a possibility and that's too bad.”

While Republicans want to create jobs, House Speaker John Boehner says he's not worried about government jobs.

“If some of those jobs are lost in this so be it. We're broke!” said Boehner.

On capitol Hill, it's a showdown about the bottom line.