CBS Evening News for Saturday, Mar 02, 2013
View other clips in this broadcast →
Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.
(White House: Major Garrett) The start of the mandated budget cuts in this sequestration examined; details given about the sources of early cuts: education, defense, airport delays. [President OBAMA - says these cuts are not smart: compromise is needed and Congress can act.] How the defense sector cuts could lead to backlash against politicians discussed.
(Studio: Jim Axelrod) Report introduced.
(Clifton, New Jersey: Elaine Quijano) Impending furloughs for civilian defense workers examined; details given about one New Jersey business effected by the cuts; defense industry job statistics cited. [Small defense contractor ECSI's Arthur BARCHENKO- comments on the uncertainty that is endangering his business: everyone suffers.]
(Studio: Jim Axelrod) Stock Market Report. Live in-studio interview held with Plimsoll Mark Capital chairman Jim Awad about the economy and the stock market. [AWAD - analyzes the budget situation: the economy is strong enough to withstand the budget cuts.]
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.