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Transcripts For CNNW The Situation Room 20120802

a commuter airliner and two other planes dangerously close to one another. it happened at washington s reagan national airport. and in an extraordinary move, the faa administrator and the transportation secretary came out today to talk about what happened. our brian todd is at the airport. brian. reporter: yeah, candy. extraordinary because for the first time we re getting the hard information from america s two top transportation officials that this was really too close a call. they came out in a hastily called news conference to say, yes, it was too close a call. another part of that news conference they really want to brush back on initial media reports saying that these planes were on a collision course. they re saying they would not have collided. that would not have happened. essentially the way they lay it out is this. it all played out pretty much over where i m standing here tuesday afternoon. there was a whole line of planes coming in from that direction toward me

Transcripts For CNNW Erin Burnett OutFront 20120801

romney s tax plan would raise taxes on 95% of americans. now, mitt has promised a 20% tax cut to everyone. so whose math adds up mitt s or the tax policy center s? it s sort of like an olympic boxing match. today, the romney camp threw a punch fast and early, pointing out that one of the authors was a former aide to president obama. as the romney campaign wrote to us, that is, quote, hardly objective. true, one round to mitt. but for the romney campaign, we checked the other two names on the report, and one author was a former aide to george h.w. bush, the final one worked for both bush and obama. round two to barack. let s lay out the substantive charge f. report says if mitt romney s plan becomes reality, tax revenue, because he s going to be cutting marginal tax rates, will drop by $360 billion in the first year alone. that means if it s revenue-neutral, someone must pay $360 billion more. again, that s if it s revenue-neutral, which is something mitt romney specifically

Transcripts For CNNW Anderson Cooper 360 20120801

firearms purchased from mexican drug cartels by so-called straw buyers throughout the southwest. instead, says the report, fast and furious was part of a plan to let those buyers and the guns walk in hopes of identifying and busting entire gun running networks. instead, fast and furious guns began turning up at crime scenes in mexico and here at home, including the killing of u.s. border agent brian terry in 2010 right before christmas. according to the report, agent terry s death came at the end of a long chain of mistakes starting at gun shops. quoting from the report, gun dealers were reawe sured aft was closely monitoring the transactions and interdicting the weapons. that was false. the report focuses sharply on this man. william newell. former agent in charge of the field office in phoenix. republican investigators concluding that agent newel authorized, encouraged and endorsed fast and furious and let it continue long after atf had the goods on the straw buyers. quotin

Transcripts For CNNW CNN Newsroom 20120801

he was bailed out almost immediately. they continued an investigation. what police discovered was disturbing. you mentioned the suicide of his son, his 14-year-old son which occurred back in march and followed some relatively minor disciplinary action at the school. following that suicide police say it really set off the father and changed things. they discovered these e-mails that he sent to himself an his wife that describes some very, very disturbing plots at the high school. he appeared to be very serious about all this. he was clearly starting fires and working on burning the school down. that was the beginning of his threat. he said he was going to, in his e-mails to his wife, he indicated he wanted to acquire some firearms and go to the school and just do a great deal of violence at the school including sexual assaults and random violents against the kids. he s being held without bail. we have reached out to his attorney. he has not returned our calls. i want to po

Transcripts For CNNW Anderson Cooper 360 20120801

instead, says the report, fast and furious was part of a plan to let those buyers and the guns walk in hopes of identifying and busting entire gun running netwks. instead, fast and furious guns began turning up at crime scenes in mexico and here at home, including the killing of u.s. border agent brian terry in 2010 right before christmas. according to the report, his death came at the end of a long chain of mistakes starting at gun shops. the gun dealers were reassured atf was closely monitoring the transactions and interdicting the weapons. that was false. the report focuses sharply on this man. william newell. the republican investigators concluding that agent newell authorized and endorsed fast and furious and let it continue long after atf had the goods on the straw buyers. quoting again from their report. bill newell had the ability and the duty to end operation fast and furious much sooner than it did. instead, the report states, it ended as a reaction to a foreseeable

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