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some pretty deep ties with the white house? and why is it that the company with deep ties to the white house, the company that just got a big contract for a drug that s not been proven yet, why is it going to make an 85% profit on its government contract? coming up we re going to talk with a member of the company s board of directors, a familiar face here at cnn. we first got wind of this story in the los angeles times but since then have learned a lot more. investigator drew griffin is keeping them honest. reporter: it s just another good business deal for billionaire investor and big-time democratic political supporter, ron perlman. this major political contributor to both parties but particular friend of the obama white house owns the controlling shares in a company called siga technologies, and siga this year won a sweet $432 million no-bid contract from the u.s. department of health and human services that even a democrat says is a little bit too sweet to ignor ....
but one eu member, the uk, is refusing to give up any of its budget powers. we ll get details from our own richard quest just moments from now. and still no agreement in washington on the future of payroll tax cuts. both parties say they want to prevent what amounts to a tabs hike on 160 million americans come january 1st. but they differ on how to pay for it. democrats want a surtax on millionaires. republicans want spending cuts. well, now republicans in the house want to tie a tax cut extension to approval of a controversial oil pipeline. if nothing passes, anybody who draws a paycheck will pay 6.2% into social security in 2012. all this year we pay 4. 2%. that tax cut extension it on the lips of of the gop candidates campaigning in iowa today. front-runner newt gingrich is not there. he s signing copies of his book in washington, d.c. and just four weeks until the iowa caucuses we re seeing more attack ads. now rick perry is being attacked for his attack ad. i ....
the big contract for a drug that s not been proven yet, why is it going to make an 85% profit on its government contract? coming up, we re going to talk with a member of the company s board of directors, a familiar face here at cnn. we first got wind of this story in the los angeles times but since then, have learned a lot more. investigative correspondent drew griffin is keeping them honest. reporter: it s just another good business deal for billionaire investor and big-time democratic political supporter, ron perlman. this major political contributor to both parties but particular friend of the obama white house, owns the controlling shares in a company called siga technologies, and siga this year won a sweet $432 million no-bid contract from the u.s. department of health and human services that even a democrat says is a little bit too sweet to ignore. how did this become a no-bid contract? was it justified as a no-bid contract? overall, i think we need to begin ....
white house? and why is it that the company with deep ties to the white house, the company that just got the big contract for a drug that s not been proven yet, why is it going to make an 85% profit on its government contract? coming up, we re going to talk with a member of the company s board of directors, a familiar face here at cnn. we first got wind of this story in the los angeles times but since then, have learned a lot more. investigative correspondent drew griffin is keeping them honest. reporter: it s just another good business deal for billionaire investor and big-time democratic political supporter, ron perlman. this major political contributor to both parties but particular friend of the obama white house, owns the controlling shares in a company called siga technologies, and siga this year won a sweet $432 million no-bid contract from the u.s. department of health and human services that even a democrat says is a little bit too sweet to ignore. how di ....
outfront tonight arrested again. former penn state assistant football coach jerry sandusky arrested for the second time. police handcuffed him and charged him with sexually abusing two more boys from his charity the second mile. sandusky was arraigned in court and unable to post $250,000 in cash bail. he remains in jail tonight. sandusky is now charged with sexually abusing a total of ten boys but he continues to deny all allegations. sara ganim is in state college tonight and has the latest on the story. thanks for being with us. his attorney told us working on it overnight. he was arraigned too late in the day, that s what his attorney said it was a 3:00 hearing and by the time they could get something together, he was going to have spend the night in jail and hopefully post in the morning. it s $250,000 cash bail put up property or put up cash. he has to post the whole amount not just a percentage. if he s able to post he is going to be out on an electronic ank ....