President Obama India

Monday, November 8, 2010 - 11:43am

President Obama travels to India.

Early this morning with India's Prime Minister, President Obama said corporate trade deals between the two countries will put thousands of Americans to work.

"I want to be able to say to the American people, when they ask me 'Well why are you spending time with India, aren't they taking our jobs?' I want to be able to say 'You know what, they just created 50,000 jobs,' " said Obama.

He announced India is buying 10 C-17 cargo planes…supporting another 22-thousand jobs.

Half a world away, The President is still plagued by voters who made jobs their number one issue.

Republicans say their number one goal is cutting 100 billion dollars from the federal budget next year.

Future House Budget Committee Chair Wisconsin Representative Paul Ryan said, "I think these spending cuts are actually quite modest considering the pickle we are in."

The GOP promises new cuts proposed every week. But who takes the hit? Preschools? College students relying on government loans?

Democrats claim nearly three thousand FBI agents could lose their jobs.

Republicans also want to reign in the Federal Reserve.

Budget Director for Former President Ronald Reagan David Stockman said, “These mad men who are out of control at the Fed, are printing new money, equal to 100 percent of the debt that we're issuing each month. This will not end well. It's…it's going to end in a disaster."

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