california where we showed you some live pictures of a school in lockdown. an elementary school on lockdown. we are hearing reports from our local affiliate there that the individual was taken into custody. the individual that they were worried about having a gun in the area of the elementary school, apparently that individual is in that cop car right on your screen. more information as we get it. in the meantime we turn over seas yet again. first tunisia then egypt, now protests are spreading across the middle east. what does the growing unrest mean for the stability of this volatile region? also no love on valentine s day for the president s budget plan. republicans already saying the cuts just aren t enough. so what now? we take a closer look just ahead. [ male announcer ] it s simple physics.
9:17 local time, you re seeing the police outside an elementary school. a school called betty pale ncia elementary school. the school is locked down. there are reports in the area of someone with a gun. we know very little besides that. elementary school reports a person near th near the school e gun. it looks like there are about a thousand students in their school. it is being described on the website as two schools in one . we might be looking at 11-plus students at this school in downtown los angeles. we ll bring you updates as we hear more reports of a person with a gu gun and an elementary school locked down. jon: the budget includes $350 million for a high-speed
sacrifices and tough choices, but republicans say it isn t tough enough and democrats say the cuts may go too deep. having said that let s show you what the president was doing this morning as he talked about his budget on the day of unveiling his budget for fiscal year 2012 president obama visited the parkville middle school of science and technology in baltimore, maryland. why a school you may ask? because the president believes the road to winning the future relies on improving education for every american. in fact his new budget calls for investing in and reforming education. it includes more than one trillion dollars in the next ten years to trim the deficit through spending cuts and tax increases. he says his budget will even cut funding to programs that he likes, such as slashing community development block grants to states and home energy assistance for the poor. the president believes his budget will put the nation on a path toward fiscal responsibility. we can t sacrifice o