let s go outfront. i m erin burnett. outfront tonight, the market slid nearly 200 points today. the reason, fear and uncertainty. fear of europe and fear of the super committee. we are counting down to a huge moment for america on a day our commander in chief was warned china s military is building up with one main goal, taking on america. i ll get to that in a moment. first, the super committee is exactly one week away from its deadline to cut a minimum of $1.2 trillion from america s deficit. today was a day called critical by some lawmakers. the meetings have ended. there is no word on a possible deal. now, nearly 80% of americans don t expect the super committee to do its job. but no deal isn t just a chance to roll our eyes and say, hey, we knew it all along. no deal is bad for america. no deal means rising interest rates down the road and a halt in job creation now. we need a deal, and a deal is not hard to strike. we ve shown one way repeatedly on this show. that
outfront tonight, the market slid nearly 200 points today. the reason, fear and uncertainty. fear of europe and fear of the super committee. we are counting down to a huge moment for america on a day our commander in chief was warned china s military is building up with one main goal, taking on america. i ll get to that in a moment. first, the super committee is exactly one week away from its deadline to cut a minimum of $1.2 trillion from america s deficit. today was a day called critical by some lawmakers. the meetings have ended. there is no word on a possible deal. now, nearly 80% of americans don t expect the super committee to do its job. but no deal isn t just a chance to roll our eyes and say, hey, we knew it all along. no deal is bad for america. no deal means rising interest rates down the road and a halt in job creation now. we need a deal, and a deal is not hard to strike. we ve shown one way repeatedly on this show. that s to roll back the bush tax cuts for eve
and louisiana continue until at least noon today. they may likely be extended towards the atlanta area. look at the rain out here. rain and thunder heading towards the big cities. no delays right now, richard, from the faa. but no doubt, we ll have flight delays in atlanta and up around new york city throughout the afternoon and evening with the rain and the thunderstorms. just you wait. thanks, mike. developing news, new developing news on the penn state scandal and former assistant coach jerry sandusky. nbc newsing confirming the sandusky family was a fresh air fund host family which assists disadvantaged family. one child stayed with them in the mid 90s. and it wasรง believed that five children stayed with them in the home in the 70s. we ll have more throughout the day here on msnbc. and here s a look at other stories people are talking about on this day. today, the house is expected to vote on and pass the first piece of president obama s jobs package. it s designed to hel
jerry sandusky rose, he made very little eye contact, even at his family, led away in handcuffs never to be seen again in public. we have more sound from the attorney general for the state of pennsylvania, linda kelly and defense attorney joe amendola. here s more of their reaction. and as reflected by this verdict that we ve all just heard, a jury of 12 people here in bellefonte, pa, most definitely would and did believe a kid. the sandusky family is very disappointed obviously by the verdict of the jury, but we respect their verdict. reporter: amendola went on for a while. he had made the best effort to try to create some doubt in the minds of the jurors during his closing arguments, but again 45 out of 48 charges, convictions, i don t think many people are surprised this happened.