As the white house warns the sequester blame game has started. Live with us secretary of transportation ray lahood who sounded a pretty loud alarm bell on friday. Mr. Secretary, good morning. Good to have you here. Good morning. You talked friday about a calamity in our air Service System in america, a billion dollars in cuts that have to be made at the department of transportation, 600 million from the faa, 47,000 faa employees will need to be furloughed at least one day per pay period. Is it still going to be safe for the American Public to fly if this sequester goes forward. One thing we never compromise on is safety. We will never take a back seat to safety. Safety will not be compromised. But we will have work with the airlines in slowing planes down. But there will be enough controllers to make sure planes are guided in and out of airports safely. This is about aggravation, not about safety. Look, this is a huge cut. Its a billion dollars. 600 million at faa, which has the larges
Identifying other savings is not helpful. Todays exaggerations are not backed up by any real financial data. The agencies is well positioned to absorb spending reductions without compromising the safety or efficiency of the National Airspace system. They go on to point out faa has received significant funding increases over the last ten years the annual budget has increased 3 billion or 41 . Do you really think americans think government cant tighten up a bit, even if its a clumsy way of doing it with the sequester. Look, this is not your fathers faa. This is faa that has to meet certain contract obligations with our controllers. We know that air travel is back at a par prior to 91 11. We know a lot of people are flying. Were not making this up, david. Were not making this up in order to put pain on the American People. We are required to cut a billion dollars, and were going to do that unless Congress Gets together and works together and compromises on this issue. All right. So you ta
Star, young, good looking, articulate. Reporter over the last year, the democratic congressman all but stopped working, disappearing from public view for weeks over the summer and checking into the mayo clinic for what doctors there said was bipolar disorder. Jackson says he also has a shopping addiction, and in court he admitted buying everything from toilet paper at costco to a 43,000 goldplated rolex watch, two elk heads from a nevada taxidermist, memorabilia from Martin Luther king and jimi hendrix, fur coats, Home Renovations and more. All of it paid with money for his campaign. He was reelected by 40 points in november but then quit Congress Later that month. Month. Now, sentencing is set for june, scott, and jackson could get four to five years in prison. Pelley dean, thank you very much. Well, a different kind of corruption is being investigated tonight by the securities and exchange commission. The agency is looking into possible Insider Trading before the 23 billion purchase
Still debating animated shorts here. Thank you all very much for the discussion. I appreciate it. That is all for today. Well be back next week. If its sunday, its meet the press. If republicans and democrats get together this week and take a look at the president s plan which he put on the table to save 85 billion this does not have to happen. Congress returns to work with five days left before the across the board spending cuts take effect. Is that enough time to hammer out a last minute deal . And what does it mean to you. Transportation secretary ray lahood insists there is still time. Our experts break it down and talk about the on going sequester blame game. Plus, big news from afghanistan. President hamid karzai is requesting them pull out within two weeks. The reason plus how officials are responding. Stewart 33. And that fiery nascar crash leaving questions about the safety of speedways. A lot of news coming out of daytona today. We will take you there, as well. But we begin w
And, shaking it up. On how a song makes it to the top of the charts. Some say its about time. Captions paid for by Nbcuniversal Television good evening. We begin with a developing story from daytona beach, florida, where late this afternoon a race car smashed into the fence and sent debris flying into the grandstands. It happened on the eve of the daytona 500 on the final lap of a nationwide series race. At least a dozen people were taken to the hospital. Nbcs Janet Shamlian is in daytona with the latest for us tonight. January the net, good evening. Reporter good evening to you. It was a jawdropping multicar crash in fiveday forecast grandstand on the final lap of this race. The rookie kyle larsens car went into the fence, his engine caught fire, then spectators say they saw large chunks of debris flying high into the stands. Many say they ducked or turned and when they turned around again, they saw many people injured. Emergency personnel and First Responders were here anyway just in