strength of the storm, you may be too late. anchor brian williams ahead of his trip to the gulf. ed markey and big oil. plus, school s out for the summer, but what lies ahead for the kids and the teachers in the fall as congress fails to pass budget aid. the nation s big city leader joel cline with us. andrea mitchell live in new york today. right now president obama is meeting with other foreign leaders with the top economic powers in toronto. he arrives today with a mixed bag of economic news from here. financial reform finally a go, just steps away from being signed into law. but democrats were forced to pull a key job s bill off the senate floor after it failed a third attempt, third vote due to deficit fears by republicans. nbc news chief white house correspondent chuck todd co-host of daily rundown joins us now