♪ >> welcome to a brand new hour of america's news headquarters, i'm kelly wright. >> jamie: great to be back with you, i'm jamie colby. this hour there are brand new guidelines from the f.a.a. for air traffic contollers, not allowed to sleep on the job. wait until you hear what they are allowed to do instead. >> kelly: the final chapter in the casey anthony murder trial. what's at stake in the closing arguments? arguments? >> and the newest member of the monoco man monarchy.

a royal wedding is going on now. >> kelly: and fires in new mexico, battling the largest wildfire in state history there. officials say the fire is no longer creeping up on the lost al amos lab, and firefighters are working on knocking down the flames. >> don't take it on one big part. one piece at a time. >> this unprecedented dryness makes the state a tinder box. >> kelly: it's dry out there. and dan springer is live in los alamos, dan, it the threat to the lab over? >> i think so, and tell you why, the director of the national lab said they've transitioned from an emergency stage into recovery and so that means that they know longer have the need for all the firefighters that they had previously around this lab protecting the structures and

the large complex, with all the plutonium and the waste material and the radioactive material still in this area. they were able to free up 200 firefighters in fact to go to another part of the fire where it's still burning actively and also means that they can get the lab personnel into these facilities and check to see if there's any damage to anything. you know, they have 10,000 experiments that were cut short on monday when they had to evacuate the whole area. and they want to see if any of those experiments were affected by the shutdown. going from the emergency phase into recovery and we expect they will be able to reopen shortly, maybe tomorrow or the next day. >> that's good news for the people there. where is the fire moving to now, dan? >> well, still moving in a northerly direction away from the lab and the town of l los alamos, but that means it's going into the watershed

and forced 4,000 acres there and it hasn't affected anything, no structures or homes damaged, no people injured or killed, but taken away some of the cultural important areas and also some of the wild life that those people depend on and that's a phase to try to get the fire in the northern edge, flank, if you will, knocked down and the fire has grown to 113,000 acres, the largest in new mexico history and only 5% contained and they still have a lot of work to do, kelly. >> kelly: you're right. it's been a tinder box out there as we heard a firefighter say and hope they can get more rain. thank you, dan springer reporting to us from new mexico. speaking of that rain, that cloud cover and rain, helping firefighting efforts in new mexico yesterday. but can crews expect more of the same over the weekend? our meteorologist, maria molina is here from the fox weather center with more details. will they get more rain? >> hi, kelly. good news, i think we'll see showers and thunderstorms

firing up not for just today, but the next several days and headed into something called the north american monsoon season. we tend to get more moisture during this time of the year, across the four corners region including the state of new mexico, showers and thunderstorms are expected to be firing up, helping to contain or helping firefighters put out those wildfires. that said, some of those thunderstorms will be dry thunderstorms and what that means is that some of that water will come out of the storms and actually evaporate before reaching the ground. some of that water. so, it won't even reach the ground. then you can get some lightning which could actually help to spark up new wildfires. that's something that we need to keep in mind. a little bit of rain is good news, but the lightning will not be good news for the region. as far as the wind goes, wind dying down here over the last several days and will continue to do so and we're expecting the winds will remain relatively week and that's good news for wildfires and helps to spread wildfires and that's again we're expecting isolated thunderstorms the next few days and there's a lot of smoke in the region and

something to keep an eye on, no showers and thunderstorms in the region, just a lot of sunshine and that's going to help to warm up those temperatures and then here taking a look at your air quality concerns, there is an air quality advisory this effect for the region and areas that are going to be dealing with this are areas in north central mexico, including los alamos and white rock and albuquerque could deal with heavy smoke and this will impact areas in a sensitive group. people with asthma, heart and lung disease and children need to limit the outdoor activity especially when the heavy smoke is present, generally, kelly during the morning and evening hours. >> kelly: thank you very much for that report about what's going on out there. thanks. >> jamie: kelly, without question it's the case that grabbed the attention of the country and it's winding down. there's no court session today for the jury in the casey anthony murder trial, but any holiday weekend plans they may have had are on hold. closing arguments set to begin tomorrow after a stunning

testimony yesterday, prosecution witnesses arguing that computer records show cindy anthony was at work during the time she claimed to have searched for chloroform at home. we'll bring you live coverage of the closing arguments starting tomorrow at 9 a.m. eastern, right here, this is the place to be, fox news. >> kelly: indeed it isment there's a lot going on and learning more about the woman at the center of the rape allegations against former imf chief dominique strauss-kahn. in a letter sent to strauss-kahn's attorneys prosecutors laying out some of the alleged victim's false statements, including lying on the application for political asylum, admitting making false staement about an alleged gang rape in native new guinea and allegations the alleged assault in may. prosecutors wrote during the course of this investigation, the complainant was untruthful

with assistant district attorneys about a variety of additional topics concerning their history, background, present circumstances and background. >> jamie: no nap time for those supposed to keep us safe in the sky. the federal aviation administration and the union for air traffic contollers agreeing to new moves designed to fight worker fatigue and keep them alert. the guidelines come after several incidents of air traffic contollers falling asleep on the job. molly henneberg live in washington. how about the changes? sounds promising. >> hi, jamie, let's talk about what's been changed. for one thing if an air traffic controller is scheduled to work, but too fatigued to do the job. he or she can call in or use vacation or sick time to take the day off. if contollers are working the overnight shift. air traffic is light. they can listen to the radio and read in order to stay active and help stay awake. these new measures have been

in development for a couple of years, but after particularly important now, after the f.a.a. acknowledged at least seven incidents of air traffic contollers falling asleep. and that's all been just since april. f.a.a. administrator randy babbit say that air traffic contollers have the responsibility to report rested and ready to work so they can safely perform their operational duties, but we also need to make sure we have the right policies in place to reduce the pobt of fatigue in the workplace, all contollers get a minimum of nine hours off a shift and trying to prevent sleepy workers. >> jamie: will there be more rules or will this cover it? >> there will be more rules, the f.a.a. and air traffic contollers are working on procedures, including scheduling, sleep apnea and fatigue risk management system and the f.a.a. says within the next 14 months it will have new work scheduled principles

ready especially aimed at haifa teeing scheduled or shifts to try to help contollers stay alert and change the procedures regarding the sleep disorder, sleep apnea, allowing contollers to come back to work after they've gotten treatment. and f.a.a. says they have a process related to sleep and scheduling and work intensity to develop the fatigue risk management system by next january. jamie. >> jamie: if there's ever a job they should do this, it's great to hear, thank you. >> kelly: let's take a live look at a quiet capitol hill today, ahead of the july 4th holiday, but if the calm before the storm, many people are saying is a looming debt ceiling debate. case in point. president obama's fiery weekly address today repeating his challenge to republicans to accept higher taxes on the wealthy, while republicans say higher taxes and more spending is not the answer for the nation's problems. our peter doocy live now in washington with more details and peter, this is becoming

quite a umbrolio. what can you tell us? >> president obama says it's time the government starts living within its means like families do and want to help folks in the economy by reducing the national deficit. he says to do that he'll need to get rid of waste and tax breaks, but that nothing is off the table. >> now, it would be nice if we could keep every tax break, but we can't afford them. because if we choose to keep those tax breaks for millionaires and billionaires or hedge fund managers and corporate jet owners or for oil and gas companies pulling in huge profits without our help, then we'll have to make even deeper cuts somewhere el el else. >> reporter: so even though the president says nothing about the table, the republicans say they will not support any tax hikes. that could be a sticking point where the debt limit is reached exactly one month from

today. and now in the weekly g.o.p. address, senator dan coates from indiana says the president needs to do what his governor from indiana, mitch daniels did, cut taxes and lower spending and pay down the debt and then coates says, everything will be better. >> the president and democrats in congress must recognize that their game plan is not working. it's time to acknowledge that more government and higher taxes is not the answer to our problem and it's time for bold action and a new plan to address our current crisis. >> and senator coates added that he hopes things turn around so that he is not part of the first generation to leave behind a country worse than the one they inherited. kelly. >> kelly: yeah, peter, with an august 2 deadline, the time is dwindling down rapidly. >> reporter: clock is ticking. >> kelly: yes, the clock is ticking. both sides digging in. the same arguments we've been hearing for months and months.

have we seen any progress in the debt discussion. let's bring in aide to charles schumer and brad blake, administrator assistant to president george w. bush. gentlemen, welcome. great to be here. >> jamie: how dire is the situation when it comes to the deficit? >> it's bad, but it's stemmic to our spending problems. we don't have a revenue problem, we have the fact that government is spending too much and creating too much jobs in government and not enough in the private sector, and republicans need to stand for principle and the principle is no new taxes and we have to reduce spending and encourage people to spend money and to invest in jobs and in plants, and in equipment. that's how we bring this economy back. >> jamie: chris ever to, specifically, what is the president looking for here? and how about this time line to have it taken care of by august 2nd. you actually have to have it passed sooner to get the legislation through. >> well, you know, i think the president is hoping that

republicans will ask themselves, what would reagan do when faced with this same situation? when reagan passed him tax cuts in 1981 and saw made the recession work, in 1982 he passed a new round of tax increases with the help of a republican-controlled united states senate that brought fiscal responsibility back to the federal government and reagan raised the debt ceiling 17 times during his eight years this office. so, i think that the president is hoping that republicans will stop taking the reagan legacy and say it was all about cutting government. what the reagan legacy was about was fiscal responsibility and if that message could get through to republicans in congress we will pass the debt ceiling and we will find real reform in our tax code to close loopholes and the republicans will get out of the box they put themselves in and even reducing tax breaks for things

like lear jets and oil companies. >> this is great sound bites. >> and rejected out of-- >> go ahead. >> a democrat now all of a sudden embracing ronald reagan, that's hysterical. let me tell you-- >> he would be more than a republican-- >> i deal in current history not manufactured history like i just heard. >> oh. >> how about president obama ran against bush tax cuts. who reupped the bush tax cuts in a lame duck congress, in the white house, they're now obama's tax cuts. so the thing that president obama instituted and reinstituted and he's now running against? are you saying he was wrong back in the lame duck congress with the bush tax cuts. >> he was-- >> he was? really? >> he was wrong to have the tax cuts extended especially for the richest 1% of americans. >> why did he do it? why did he do it? >> brad, let me get in here. for you to deny that reagan

didn't pass the tax equity and-- >> i'm not living 30 years ago, i'm living now, i'm living in conditions now. >> a response-- >> let me jump in for a second. >> in response to an economy that was out of control. >> jamie: let me jump in, christopher, and we are in a dire situation and each side is pointing to the other that they're the ones not cooperating. everybody's got to get on the same page fast and even if they do, christopher, how much time do we have after that before we're right back where we started, where we reached the new debt ceiling? >> well, you know, it depends on the deal that's reached. i mean, if we have a very small increase and just tide us over for a couple of weeks we'll be right back in the spot again shortly. i think what we need now is a comprehensive plan, not only to raise the debt ceiling, but the deal with spending in the long-term and make sure we have the proper revenue to meet the needs that this country has. >> jamie: brad, are democrats. brad? okay, are democrats willing

cut that spending at the same time they're willing to raise taxes? >> of course not. they only talk about raising taxes now, and give these phony excuses with lear jets and everything else which don't make a dent in the kind of spending this government does and the kind of deficit that this president created. lets r-- let's get real. this president has not led on and all of a sudden the president woke up to the fact that the democrats are calling for leadership, the american people are calling for his leadership and the leadership is not demonizing republicans over taxes, it's democrats spending too much. >> jamie: chris, will let me ask you the final question. the president's response to the address this weekend. senator coates said why can't we live within our means, why is that a difficult concept to come together on? >> i think we have a different opinion on what our needs are.

i think that senator coates who remembers reagan we're taxed at the lowest percentage of gdp in the history of our country. it's time to get real and figure out what our real means are and live within those means and i think right now, our tax policy is not incentivizing people to create jobs in this country and that's the real problem with our economy and once republicans wake up to that and do what reagan would do, and live in a fiscally responsible mode we'll be better off, right, brad? >> wrong, absolutely wrong. >> jamie: all right. i have to leave it there. >> brad, brad, you're not a reagan fan, i'm sorry to hear that. i love ronald reagan, i do. >> jamie: i hope in the next couple of weeks. >> do what he would have done, brad. consensus on both sides of the aisle. i'll let you guys continue the discussion, very interesting. >> happy 4th of july, jamie. >> jamie: thank you, take care. >> kelly: happy 4th of july, certainly fireworks there. they're still discussing the debate and shows you how tough toss. the newest member of royalty,

a massive wedding celebration underway right now in monaco and we'll have details on the royal ceremony that just wrapped up. beautiful, beautiful wedding. plus, the gaza fraem frame flotilla runs into a problem for protesters. >> i'm george gier in djabouti, africa, say happy 4th of july to my wife and kids, happy 4th of july. we're a small business. with 27 of us always in the field, we have to stay connected. we use verizon tablets, smartphones. we're more responsive. there are no delays. delays cost money. with verizon, we do things quicker and more effectively. more small businesses choose verizon wireless than any other wireless carrier because they know the small business with the best technology rules.

♪

>> so beautiful, i could almost miss my cue to talk. here comes the bride for yet another royal wedding. charlene wittsek marrying prince albert and the royal kiss. and now princess charlene follows princess grace of mon acorps. and attending the party after the ceremony, what a celebration. >> and greek authorities arresting the captain of a ship that was intercepted yesterday while trying to deliver humanitarian aid to gaza. rina ninen joining us live in jerusalem. >> turkey is usually quick to criticize israel, but today a turkish newspaper reports that a police investigation has found that it debunks the blame that israel intentionally sabotaged the ships and greek authorities

say they grounded, prohibited one of the ships from leaving one of the port, called the audacity of hope, set sail on friday and intercepted by greek coast guard and the captain was arrested and could face a charge. the organizers are trying to challenge israel's naval blockade of gaza and they say it's intentionally damaged. but the turkish authorities say it's not true. and on monday, a ship's propeller was found broken in greece. last year, intercepted a flotilla headed to gaza. nine were killed commandos boarded the ship, and meanwhile, the organizers of the flotillas say they're going to try again next week and running low on cash. in the gaza strip, leaders of hamas are blaming the greek authorities for grounding the

ship, saying it's a violation of international law. >> kelly: rina ninen reporting live for us from jerusalem. thank you. one critical step left in the casey anthony murder trial. coming up our legal expert weighs in on what's at stake in this weekend's closing arguments and plus, new developments for arnold schwarzenegger and maria schriver. we'll tell you about the latest turn of events in their lives. and then, a wild animal on the loose in the middle of new jersey. people have seen it, can't believe their eyes. >> it was pretty-- it was a good size, it wasn't like a little scrawny monkey. it looked big to me.

>> welcome, it is the bottom of the hour, time for the top of the news. here is what's happening. some harsh words from muammar al gaddafi from secretary of state clinton. who is in spain, should help his own people than issuing threats. >> jamie: three people dead and another 40 trapped in chinese coal mines and rescuers rushing to save them in two different minds. >> kelly: giving up the grill this holiday weekend, some generous volunteers helping the tornado victims in joplin, missouri. >> jamie: pins and needles, folks. crunch time in the casey

anthony murder trial. the trial on hold and open tomorrow for closing arguments and then casey anthony's faith is in the hands of the jury. if convicted she could face the death penalty. how big a role will the closing arguments play. and here is the host of the judge alex show and a former florida criminal court judge and i remember that, judge. i was practicing at the time. great to have you here. >> good to see you again, jamie. >> jamie: i want to start with cindy anthony because she was very clear in her testimony about when the searches she says she made for chlorophyll and then chloroform happened and she said they were from home and then this. let me play the sound. >> on the 21st of march there were two sessions. the first one opened at 7:43 and 6 seconds central time. the second one was opened at 7:43 and 20 seconds central time. >> and worked a total of ten

hours on the 17th, correct. >> yes. >> at least that's what the time card reflects. >> uh-huh. >> and if we go down to the 21st, her time card reflects that she worked that day as well, correct? >> yes, sir. >> for a total of 9.50 hours. >> yes. >> jamie: game changer? >> that was really, really bad for the defense. first of all, you do have, i'm sure some jurors who didn't believe her to begin with, she came across as kind of a mother who would take the stand and lie for her daughter and i'm sure a lot of jurors felt that was understandable under the circumstances, that any mother might try to do that. the problem is when they proved her to be a liar and was at work and couldn't have been the one doing the searches, that highlighted the searches. now the jurors are definitely thinking casey is the one who did the search for how to make chloroform, for neck breaking and things like that. so, it highlighted something that they might have otherwise not focused on number one, and

really put the defense in a bad light. they might even be wondering if the defense attorneys put her up to that. now, it puts chloroform, which was kind of weak, back into the mix. >> jamie: this judge is pretty serious about everything that we've seen. the chances of perjury charges against a mother trying to save the life of a daughter might be overlooked, but the point that i wanted to ask you about, is about a death penalty case, a capital murder case and the fact now, that it puts casey closer to those searches, possibly the method of death or homicide. >> absolutely. it does a very-- it really hurts the defense in and the aggravators. what it does, in order to get the aggravator of cold, calculated and premeditated a serious aggregator for the death penalty, they have to show extra premeditation, beyond just deciding to kill her. these searches are months in advance, how to make

chloroform, traces of chloroform found in the drunk and the theory of the prosecution, she color aformeded her daughter so she wouldn't have to look in her eyes as she put the duct tape on and suffocated her. it puts her closer to the death penalty. >> jamie: judge, perhaps the most emotional testimony was george anthony. when they opened the door to the suicide attempt and the prosecution being able to bring in the suicide note. so the question i have, regarding his relationship or alleged relationship, his love affair, if in fact it happened, what's the relevance? >> not really any relevance. i mean, the defense will argue if he's lying about that, he could be lying about everything else. and you could omit george and cindy and lee anthony's testimony and stand itself. they were able to introduce back in august two months

after casey went missing, george anthony bought a gun with a purpose of threatening casey's friends to find out where caylee was and not the actions of a grand father knowing that she drown in the pool. why was she close to this house and declaration, he was at his wit's end why his granddaughter was found murdered in the woods. >> jamie: do you get the sense that casey regrets not taking the stand? >> if she wanted to take the stand she would have. and we see her as a narcissistic sociopath who would have taken the stand if she wanted to. i don't think she would get the death penalty not because she doesn't deserve it, but jurors routinely do the know like to send the women to the death penalty unless it's like

warnos, the serial killer. and so, i think it was probably a good move by defense, jeopardize their argument in closing. >> jamie: interesting early on, too, the judge saying he had resided over a death penalty case of a woman. and we'll be on the edge of our seat. judge, great to see you. >> likewise, thank you. >> jamie: and you definitely want to catch the closing arguments in the casey anthony murder trial and fox news channel is place to be. the coverage at 9 a.m. eastern time tomorrow. >> well, the terminator is getting terminated. maria schriver officially filing for divorce from former california governor and hollywood icon, arnold schwarzenegger. it follows the bombshell revelation that he fathered a child with a family employee. and it's been reported their fortune is between 200 and 400 million dollars.

under california law that may end up splitting that amount. and she might get half, as a matter of fact. she's also seeking joint custody of their two teenage children. children. >> in just over two months, the september 11th memorial is set to open, but it's missing something crucial, an extra 3 million dollars. the port authority executive director saying the money is needed to build the security fence and a new visitor check in area. he says the port authority is already putting 4 million towards the 16 million dollar project, and someone else needs to step up to the plate to plug that hole. he's asking mayor michael bloomberg to help find the extra money. >> a lot of money was out there and lots of hustle aen bustle in new york city today. here is a live look now outside of our studios and that's what you're seeing as thousands take in a street fair on this holiday weekend. for tens of thousands of new york city school kids, denver story. the summer there tends to be

pretty boring thanks to the city's budget crisis and service cuts and it's also a story that's playing out in cities across the country, maybe in fact in your city. david lee miller is live in our new york city news room with more details about this, and david, how bad are the cuts across the board? >> well, unfortunately, kelly, thises a serious prem problem as you mentioned not just in new york city, but across the country. the national league of cities, reductions in revenues and cuts in spending are at this time, worse than they have been in the last 25 years. and let's talk now, that's some of the cuts in summer programs, i have a laundry list here. in new york city, a youth employment program was slashed by 15 million dollars and about 10,000 fewer spots also in new york city of the pools in the city had to be shut and in washington d.c., youth advocates say that 17 million was cut from summer programs, and that meant up to 15,000 kids are having to go without organized activities.

one group in d.c. said the funding went from 120,000 to the summer to zero and in cash strapped detroit, a summer program that once served some 7500 can now only accommodate 1200 kids and coast to coast there are reports that libraries are having to layoff staff, cut summer programs and even having to reduce the number of new books that are on order. some of this is largely anecdotal information ap the library is very difficult to track, but many summer programs take place at libraries and they are definitely hurting. some of the experts say, kelly, look, we have to pay more now to keep these programs in place, restore the cuts, otherwise, we're going to have to pay even higher price in the future in terms of increase in crime and unemployment. >> yeah, david, i hate to get personal, my wife runs a youth center in haggerstown, maryland and faces the same as other people. the question, is there anyone stepping in to actually help. as you say, if something isn't done the future could be bleak

in terms of dealing with crime statistics. >> there is some good news and that's coming in the form of private donations. in the city of houston some of the pools and rec centers are staying open, thanks to donations from energy companies and in new york city, a summer youth employment program here is able to take on more teens because of corporate donations, both in jobs and dollars. we did speak with the spokesman for youth programs here in new york city, and she did tell us though that despite the private sector picking up some of the costs, the government there, the government had to do more to carry its burden. listen. >> i think that we've seen a lot of creativity over the past few years, but the extent to the program is finding alternate revenues is diminished. it's not realistic that there are dollars out there that can be brought-- . >> reporter: and i hate to end on a sour note, but some experts say if you think this year is bad, unless the

economy dramatically changes when it comes to summer programs, next year, things are likely to get worse. kelly. >> kelly: david lee, a good report on a very important top, thank you. >> america's small businesses are called the engine of the u.s. economy and now they're at risk of taking a major he hit. as one of the most critical li lifelines is set to expire. >> traditionally we're led out of a recession by small businesses hiring people and creating jobs and that's not happening in this recession at this time. >> dan dayner is president and ceo of the national federation of independent businesses a nonpartisan group that represents small businesses across the u.s. the organization's latest survey shows those businesses by all accounts crucial to the recovery of the u.s. economy aren't feeling particularly hopeful. may marks the third c

consecutive month that they dropped. some say now is the too i am to expand-- . the period in march 2010 marked the lowest number of start-up businesses since the borrow measured the trend in the early 90's. what's driving the lack of small business covers? how lawmakers address issues of solvency of medicare, medicaid and social security are feeling a level of uncertainty that tends to bring many small businesses to a stand still. >> theres a he enormous uncertainty how the political process is going to grapple with those issues. i think that now that the economy is kind of on its back, the uncertainty looms larger. >> it paralyzes entrepreneurs and people usually willing to

take risk and invest money in their business, but also, invest in workers and hire people. >> while pundits, lawmakers and economists may disagree how to resolve those problems. there is general agreement that coming to some kind of resolution will allow small businesses, now waiting on the shrines, to restart hiring, and investing. >> and amidst in the uncertainty is really key to allow and empower individuals and entrepreneurs, because, i mean, ultimately, they are the trackers of economic recovery. >> reporter: small business leaders say surprisingly, a lack of capital isn't an issue right now. until the u.s. economy's future is more certain, most aren't interested in expansion. in washington, shannon bream, fox news. >> want to learn more on shannon's story or any story you see here on fox? make sure to head over to our website, foxnews.com.

>> kelly: well, jeff bridges lives the american dream without a doubt. a hollywood star, academy award winner to be exact. successful singer, song writer and jeff wants to use his fame, however, to champion the cause of ending hunger among america's children. he's our focus on beyond the dream. in america, millions of children wake up facing each day wondering if they'll have any food to eat. the issue becomes more critical during the summer when schools are closed, leaving hungry children without a school breakfast and lunch. >> one in four of our kids in america, if you can believe it, are facing hunger every day. and we have programs that are in place, but the folks don't know about them or aren't enrolled in them and state by state working with mayors and governors, making sure that people know about these programs and enrolling kids in them. >> kelly: academy award winning actor jeff bridges is known for the fictional characters he plays in the

movies. >> i'm the dude so that's what you call me. you know, that or, his dudeness or duder or you know, el duderino if you're not into the brevity thing. >> kelly: in real life jeff is fating the real world reality of hungry kids. >> fame is kind of a double-edged sword. one of the edges that i particularly enjoy is that i can bring attention to something as important as the no kid hungry campaign. >> kelly: in 1983, jeff launched the end hunger network to fight the problem nationally and now partnering with billy shore, share our strength and runs the program, no kid hungry. the strategy to educate families with summer meals available to kids through parks and recreation departments through every state and even the boys and girls club of america. >> these programs are 100% federally reimbursed and the money is there to did that.

you can't say many things about that in america today given our economic challenges, but with 48 million americans living below the poverty line for the first time in, really, in the history of the country, that's probably more than anythingles is where we've failed and we don't have the answers how to solve poverty, but when it comes to kids who are hungry, we can solve that. >> president obama has intention of ending child hood hung are by 2015. and so, you know, that seems like a goal that's not attainable, but it certainly is possible. >> it's also an education issue. these kid can't-- it's a competitiveness issue, if you're concerned about america being competitive in the global economy, one of the first plans of attack here has got to be, you know, making sure that kids come to school healthy and ready to learn. >> et cetera a spiritual issue, you know, religion, take care of it, the hungry, you know, that's something that i wish that you know, more, more religious leaders

can put, you know, some pressure on our politicians, and you know, make sure that we do-- that everything we can to feed our children. >> and jeff bridges, a remarkable man and as he said he was trying to get spiritual leaders as well. >> it's great making a huge difference, great story, kelly, thanks. >> there's good news for your wallet for a change. prices at the pump bucking summer tradition and actually heading down. what's behind the trend and should you be filling your tank right now? we'll tell you. ♪ [ male announcer ] you like who you are... the man you've become. and you learned something along the way. about the world. and yourself. ♪ this is the age of knowing what you're made of.

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>> a lot of things to celebrate this 4th of july weekend, including lower gas prices. can you imagine? the national average for a gallon of regular gasoline falling 24 cents since memorial day, so, what's behind this trend, and could it get better as the summer goes along? ed is the managing partner of chatwood investment management. good to see you. happy 4th of july before we get into it. gas prices being lower, what do you stay about this trend, sir? >> well, i don't know if it's a trend. you know, let's remember, memorial day prices were very, very high and trends don't happen day by day, week by week and quite frankly, kelly, month by month. prices are lower, i'm thrilled, i'm about to take a drive tomorrow.

i'm happy the prices come down in a short run and i don't know if it's a trend or continue it see lower prices, but let's be happy as it sits here. >> let's celebrate it for the moment. as we talk about for the moment. at the moment we're seeing that oil prices are going up. that can't be a good combination, to see gas prices going down and oil prices going up. what does that portend? >> well, look, oil prices, about 70% of what we pay at the pump is the price of oil. all right? when you look at seeing the oil prices going higher, you know, there's usually about a ten day lag, a ten day lag from that price of oil going up to gas prices going up. so ten days from now, we're going to start seeing that reflected in what we pay at the pump. >> what we're celebrating today. there could be pain at the pump in ten days and let's get into what the president did last thursday and that's the strategic petroleum reserve, releasing what was 60 million barrels. did that do anything for our economy and gas prices on the market. >> well, i'd like to say that

it did. obviously, with prices going higher, it didn't and some people have a philosophical problem with that and that's basically, that, excuse me, that oil that's held back, is there in case there's an emergency in this country and it's not there to release it, potentially manipulate the price of oil. i don't like what he did, it didn't have a positive impact on pricing which quite frankly i'd have a problem to continue with. i don't expect him to do it again, but you never know, right. >> as you know, the white house state it was doing it responding to libya, rather. let's look at worldde demand of oil and how that may have related to gas prices. first of all, why are we even discussing a 24 cent drop in gas prices? they shouldn't be as high as they are right now, ed. >> no, they really sunset be. in tactffactactfufact-- they shouldn't be. prices are down 24 cents to levels we never thought we'd be up to, kelly. woo he have an issue worldwide because the demand from all

offer the world right now is very high, it's going to get even more, and you're going to see people all throughout china and you know, we use bric, brazil, russia, india and china a term in our business and you'll see more demand. i don't think we'll have a huge problem in the short run, but in the long run we'll see prices go higher. and everyone needs to be prepared for that adjust their wallets accordingly. >> kelly: good to see you. i'll see you at the top of this and say it again, happy 4th of july, have a great weekend and spend some money, will you. >> take care, kelly. it's the top selling cancer drug in the entire world. why is the f.d.a. looking to pull the plug on avastin for breast cancer treatment? our medical expert explains the risks. we'll be right back. hese sweet hon cluy things have fiber? fiber one. almost tastes like one of jack's cereals. uh, forgot jack's ceal. [ jack ] wt's for breakfast? uh, try the number one! i've never heard of that. [ wife ] it's great. it's a sweet honey cereal, you'll lovet.

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>> there are mixed messages

out there, especially this week on the top selling cancer drug in the world, avastin. an f.d.a. panel revoking the drug's use for breast cancer treatment in the u.s. despite passionate testimony from breast cancer patients while medicare says it will continue to pay for it. so what's going on with this drug? and joining me now is dr. lee van oaker, from the university of maryland medical school. from my neck of the woods. a lot of people can't understand why the f.d.a. made this decision and especially given the account that the europeans decided it was a good drug to keep on the market to help so many welcome deal with breast cancer. >> right. well, the type of drug, what it does, it cuts, kills the blood vessels that cancer cells make. it's used in many types of cancer, breast cancer was one of them and used it in advanced cancer and fast tracked it and looked at studies and feel the risks don't outway the benefits, which are bleeding and stroke

and can be serious and deadly and they feel they don't get a long enough survival to outweigh some of the risks they're seeing. but the question, i think the pharmaceutical company wanted to do more studies. you know, the testimony was heart wrenching from these women. and you know, we're entering an age of personalized medicine. we're learning more about genetics. some people respond to drugs and some people don't. so, i say, you know, if you're going to do more testing, why not allow more testing before you revoke it. and see what happens. >> kelly: yeah, so many women have come to depend on this and when you consider the fact, as i mentioned earlier, europeans continue on with the project, in using that drug, it just seems to make sense that some would have it available in the united states. now, if they go ahead and remove it from the market. will they still be able it 0 provide it as a prescription? >> yeah, i mean, that's the thing. it will -- it will be probably the insurance companies won't cover it, but it's used in

other cancers and seems to be successful this those and so you'll be able to do off labeling which a lot of doctors do, but nobody, only wealthy people are going to be able to afford it, it's like $100,000. and you know, i think just do more studies and look at it. you sometimes need a consensus of studies. >> jamie: what about an alternative in the meantime? if you don't have the coverage for it now, what do you take? >> well, there are -- there's not a lot of them. that depends if you respond to estrogen receptors and inhibitors for metastatic breast cancer and this is one drug used in combinations with others and you need to talk to your doctor. i think they're not going to take women off of it right away, that it's been successful, but you know, i think we need to learn more. at one time women were doing bone marrow transplants and took a full consensus of the national cancer institute lookling for many, many studies national institute for health until they said it's not prolonging life.

>> kelly: and breast cancer is one of the major causes affecting women in terms of life. >> it is, but it's emotional. hard disease kills ten times more women than breast cancer. and it's an emotional disease and advocacy so women do get up in arms about it. >> kelly: doctor, we're glad you can join us and share insight on the drug and why so many people are emotionally in support of it. >> jamie: big news this he can woo. thanks, doc, great to see you. that's going to do it for us, i'm jamie colby, great to have you here this hour. >> kelly: i'm kelly wright. next, journal editorial report. have a great day. >> jamie: don't forget, tomorrow, closing arguments in the casey anthony case, you'll want to be here all day long. my doctor told me calcium is besabsorbed in small continuous amounts.

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