monitor in a hospital setting and is no defense for conrad murray s conduct in michael jackson s bedroom. shepard: claudia, what happens next in all of this? an anastases yoel gift will be on the stand. and then the defense will lay out its case and most legal analysts saying after all of the medical experts the defense has to recoup significant lost ground. shepard: claudia cowan, live in los angeles. one of the greatest security threats america faces right now is our dysfunctional congress. that is the warning from the defense secretary over plans for pentagon budget cuts. some democrats argue everyone must sacrifice. we are live with both sides on capitol hill. plus, more americans getting foreclosure notices but they are also hanging on to their homes a little bit longer. what this means for the housing
around the country have raised about spending and the debt. it s a really jaw-dropping number. we knew it would be big, and it s the biggest on record. chuck, savannah? kelly o donnell on the hill. and there s so much talk about cutting debt and cutting spending, and yet we had the first hearing yesterday on these pentagon budget cuts, and suddenly the old battle lines are drawn again. we can t get into defense spending. so this is where the rubber meets the road for both parties on whether they re really serious about cutting spending. and how serious if they re only serious about cutting the spending of somebody else that doesn t affect them. the old nimby, not in my backyard. and turning to wall street, where investors will try to get the dow back over 12,000 once again today. cnbc s courtney reagan joins us now. courtney, dow 12,000, it s symbolic. does it matter that much? it doesn t matter that much, chuck. it s kind of this psychological level for investors and kind