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Wildfires burn through Colorado causing thousands to evacuate, and protests in Turkey are in 13th day. Tune in at 7am ET.
July 30th, 2012
02:19 PM ET

Sens. McCain and Ayotte on holding Town Halls on defense spending, say $500 billion in cuts 'very serious'

Senator John McCain (R-AZ), Sen. Kelly Ayotte (R-NH) and Sen. Lindsey Graham (R-SC) are visiting four key states this week - Florida, Virginia, North Carolina and New Hampshire - to highlight pending defense cuts.

At the end of this year, the Defense Department budget could see $500 billion in cuts if Congress and President Obama do not act. The cuts are part of the Budget Control Act of 2011, which was passed last year to avoid a fiscal crisis. It slashed more than $1 trillion from the budget, split evenly between non-defense and defense programs.

Secretary of Defense Leon Panetta has warned that the cuts to defense could be disastrous for the US military.

Sen. McCain and Sen. Ayotte, members of the Armed Services Committee, explain the purpose of their Town Halls on how defense budget cuts could harm US security.

Filed under: Budget • Defense • Security
July 30th, 2012
02:06 PM ET

Tough Call: Should defense get cut?

The Starting Point team debates if the US defense budget should be cut by $500 billion.

Filed under: Budget • Defense
July 3rd, 2012
12:18 PM ET

School up for 'auction' on eBay – education contributor Steve Perry says move highlights budget woes across country

There's one school in Pennsylvania that's facing such big budget cuts that there may only be one answer: 'Auction' it off on eBay.

The Learning Centers in Pennsylvania is putting itself up for 'auction' on eBay to help offset their budget shortfalls. The listing, which has since been pulled from the site, had a starting bid of $600,000. According to this tongue in cheek post, the winner wouldn't have owned the school but would have won a naming opportunity, a free large pizza, a school coffee mug and the chance to speak at graduation - the best opportunity to give a group of kids an education that they could use.

The school hopes to raise enough money to make sure it can remain open in the fall. Its school district is facing a reported $2 million deficit.

This morning on "Starting Point," CNN education contributor Steve Perry weighs in on this story, and says this is a creative way of shining light on very real, very serious budget challenges that many schools face across the country.

Filed under: Budget • Education
March 20th, 2012
09:51 AM ET

Rep. Van Hollen: House GOP budget proposal 'not good for the country'

Rep. Chris Van Hollen discusses the new House GOP budget plan and explains why he is opposed to the proposal.

Filed under: Budget
March 20th, 2012
09:43 AM ET

Rep. Chaffetz: GOP trying to 'be adult in the room' on budget

Rep. Jason Chaffetz discusses the House GOP's new budget proposal and responds to polling that says that the majority of Americans do not want Medicare to change.

Filed under: Budget
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