this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt tom: good evening and thanks for joining us. the tech sector in focus tonight. from earnings at microsoft and amazon.com to verizon s big deal for computer server farm terremark worldwide, susie, tech was active in after-hours trading. susie: tom, lets start with microsoft. a double surprise from the software giant tonight better than expected quarterly earnings, and the numbers were released earlier than expected. the report was supposed to come out after the closing bell, but was accidentally released on the microsoft web site 15 minutes early. microsoft earned 77 cents a share in its fiscal second quarter, nine cents more than estimates. revenues also came in better than expected about $20 billion. the company credited the sales boost to business customers upgrading their computers, and the debut of its kinect controller for the x-box 360.
i can t see adding to the deficit to give tax breaks. under clinton, the tax breaks work out fine and the economy grew. guest: that is the big question here. we will borrow money to fund everything in this bill. it will cover the unemployment benefits, the tax cuts, the tax credits. this is coming from deficit spending. what economists say is that that spending, very soon, will start to be a drag on the economy. the size of the deficit will start to drag us down so something will be have to be done to close the deficit. what the best things you can do is grow the economy. they say this borrowed money will kickstart the economy to kickstart jobs and get us in a positive cycle of boards so we can create jobs and people can spend money and revenue goes to the treasury and can pay down our debt, close our deficits and we will do some of the fundamental things to balance our budget long term. host: jim tankersley, thank you. tomorrow, we will talk about political developments as t
senator from montana. mr. baucus: mr. president, before i proceed to speak on the topic, i would like to say a couple words about bob bennett. we all are deeply impressed with his sense of integrity and his commitment working for, you know, basic sound principles. and one i might say made a big impression on me is he came to my office i think on his own, or could be he was appointed to help find a way to make the senate more relevant, ways to change the senate rules to address some of the frustration that a lot of senators have. you know, people watching might wonder, gosh, why do senators think they are not very relevant. but i must say, it s because a lot of senators feel they want to get something done quickly and are sometimes frustrated by the actions of other senator who has not quite the same idea. but i was very impressed with bob s attitude. he came and talked to me, what can be done, max, what ideas do you have. it was very, very refreshing. and i remember thinkin
that before there is harm done in data security that s within our statutes for the most part, but no, there s a lot of information out there including social security numbers that is personally identifiable or could be aggregated to make a personal identification, but that doesn t mean you shouldn t be involved with this to make sure the companies have better protection # policies and ensure the going forward companies to straik the right balance, and some of them already do between using, acquiring useful data data and using and giving consumers more choice and transparency. jon, chairman of the federal trade commission, tony romm tech reporter with the politico . thank you for being on the communicators . thank you for having me. the u.s. senate agreed to move forward on a bill extending tax cuts for all income levels for two years, and extending unemployment benefits for a little more than a year. this half hour portion of the debate begins with finance committee
reporter: three officers suffered injuries. so did people sprayed in the face. they didn t give a disperse order. they just came charging with batons. i kept repeating i m a nonviolent activist. my hands were down. reporter: this is over a proposal to raise student fees 8% next year after raising them 32% last year. we re about $1 billion in the hole, running the university. and this is you know, we re only the finest university system in the world. and, you know, we have an obligation to maintain excellence and access for our students. and we can t afford it. i did not attend an ivy league thinking that a uc would be more affordable. last year, when they first hiked the student fees up they were furloughing and cutting workers back their workdays back and now this year they are increasing student fees and cutting the workers retirement. where s the justice in that? reporter: uc tuition and fees follow the boom and bust cycle of the state economy. when types a