This program is 29 minutes long
(Washington: Nancy Cordes) The negotiations that went nowhere because of the fight over taxes examined; details given about the creation of the committee to cut 1.2 trillion from the debt and the resulting triggering of across-the-board cuts. [Senator John KERRY - says the wealthiest should not get another tax cut.] [Budget expert Maya MacGuNEAS††- says it is a sad moment.]
(Studio: Scott Pelley) The view of President Obama on the mandatory cuts introduced. [OBAMA - promise to veto attempts to eliminate the mandates.]
(Studio: Scott Pelley) The financial fallout of the committee failure on the stock market noted.
(Studio: Anthony Mason) What happens if the payroll tax cut is not extended and unemployment benefits expire outlined and how these actions could cut our GDP discussed.
(Washington: Bob Orr) The arrest in New York City of a "lone wolf" terrorist, Jose Pimentel, who was building a bomb for various attacks, featured; scenes of a test bomb and photos of the suspect shown; details given about police surveillance of Pimentel and his inspiration from Anwar al-Awlaki. [Suspect's mother Carmen SOSA- comments on her son.] [NYC police commissioner Ray KELLY - outlines Pimentel's case.]
(Cairo: Elizabeth Palmer) The new protests in Tahrir Square in Cairo, Egypt, against the military government featured; scenes shown of the unrest in the streets; details given about the politics involved. [PROTESTER - criticizes a military dictatorship.]
(Davis: Ben Tracy) The controversy at the University of California at Davis over police pepper spraying occupy protesters this weekend featured; scenes shown of the images of the campus police spraying students and a protest at the site today. [PROTESTER - describes what happened when he was sprayed.] [In Portland, PROTESTER - comments on spray.] [Police tactics expert Richard LIPTON- suggests the police officers were not being held.]
(London: Mark Phillips) The investigation in Britain into the phone hacking scandal examined; details given about a tabloid's illegal hacking into young Milly Dowler's phone. [Murder victim's mother Sally DOWLER - comments on reaching her daughter's voice mail and believing she was alive.] [Actor Hugh GRANT - reads a statement.]
(Studio: Scott Pelley) The accusations against Rupert Murdoch's "News of the World" tabloid noted.