cutbacks. as the economy struggles with unemployment, a major u.s. employer is about to slash its work force. presidential push. president obama prepares to send his jobs plan to congress and then hit the road, seeking

support from both. paying tribute. america stops on the anniversary of the 9/11 attacks to remember the unforgettable. this is the "cbs morning news" for monday, september 12th, 2011. good morning everyone. appreciate you joining us. i'm terrell brown in for betty nguyen. the already stalled job market likely to take another big hit today. bank of america's ceo is expecting to outline a major restructuringing. it's reported that could mean slashing its work force by 10% to 14% or up to 40,000 jobs. the the past few weeks they have announced a management shake-up. $5 billion investment by warren buffett and the sale of $15 billion in assets and all of that the bank stock price hasn't responded and down by nearly 30% at the start of august. this is all bad news for president obama is banking on its ambitious new job plans to reignite the u.s. economy. mr. obama outlined the plan in a speech to congress and the nation last week.

today, lawmakers get their first look at the details. tara mergener is in washington with more. >> reporter: the president insists his jobs plan will give the economy a much-needed boost but a battle is brewing over the price tag. president obama plans to put his nearly $450 billion jobs package in the hands of congress today. he is expected to make the announcement from the white house rose garden and call on lawmakers to quickly pass the plan. >> nothing radical in this bill. >> reporter: the measure aims to create hundreds of thousands of jobs through a mix of tax cuts, infrastructure projects, and aid to state and local governments. >> everything in it will put more people back to work and more money back into the pockets of those who are working. >> reporter: following his appearance in virginia last friday, the president will continue pitching his proposal to the public this week. he'll visit ohio tomorrow and north carolina wednesday to convince voters to get their representatives on board.

>> i want to get a facebook, send a carrier pigeon. i want you to tell your congress person the time for gridlock and games is over. >> reporter: but the president may have his work cut out for him. while republicans could back the proposed tax cuts, they may be less likely to support additional spending. >> in january of '09, we all opposed the stimulus program because we felt that spending money from washington borrowed money, tax money was not going to be the answer. >> reporter: the president insists the american jobs act will be fully paid for and will not add to the deficit. and to further ease spending concerns, he plans to implement more cost cutting measures next week. while the president is calling for swift action on the plan, it's up to a special bipartisan committee to figure out how to pay for it. terrell, back to you. >> tara mergener, good to see you. thank you so much. another shutdown looming at

the faa. if congress doesn't act by friday, the agency could be forced to furlough nonessential workers. they had a partial shutdown after lawmakers couldn't agree on the funding in the middle of the debt ceiling debate and sidelined 4,000 government employees. airlines in the u.s. still on alert this morning after a series of security scare incidents this weekend. on the tenth anniversary of the 9/11 attacks yesterday, security officers swarmed an american airlines jet after it was escorted to new york's kennedy airport by f-16 fighter jets. >> they were very alarming, saying, listen, we need everyone to remain seated. do not get up. we quickly realized there was something going on. >> reporter: a passenger had been locked in the bathroom but officials now say it was not terror-related. fighter jets also escorted a frontier airlines flight to detroit yesterday. three people were removed after spending accessible amounts of time in the restroom during that flight. >> fbi came in and told us to put our heads down. we put our heads down.

they took three people, two guys and one girl. >> did they handcuff them? >> yeah, they handcuffed them and they took them out. >> reporter: the three passengers were later released and not charged. also yesterday. kansas city international airport shut down for hours after a suspected device detected in a carry-on bag. a former police officer was detained and no explosive material was found. in texas a rented moving truck caused a brief scare at dallas/ft. worth airport. what appeared to be an automatic weapon was spotted in the parked truck. it had been rented by a crew member of the discovery channel tv show "sons of guns." the gun turned out to be a fake. to the commemoration of 9/11 now. it was a solemn day of remembrance ten years after the attacks of september 11th, 2001. last night, the dramatic lights blazed into the skies once again. today, the memorial is open to the public. yesterday, the site was open to only family members of the nearly 3,000 lives that were

lost their lives to the 9/11 attack. drew levinson is in lower manhattan with more. drew, good morning to you. >> reporter: good morning, terrell. it was both a glorious and tough day for the family members yesterday of those killed on 9/11. tough because it's been ten years. glorious, because of the way they are being remembered. >> yvette constance anderson. >> reporter: sunday, relatives delivered emotional messages to their loved you ones as every name was read. >> i love you forever. >> reporter: the names etched in bronze surround two reflecting pools that sit where the twin towers once stood. six moments of silence marked when the four planes crashed and the towers came down. later, beams of light streamed into the sky from the spot where the buildings once stood. while the memorial plaza is open here at ground zero, there is an underground section, as well as the museum, that won't open until sometime next year. many family members are

impressed with the work here. >> i was very moved by the pools and the names being carved out. >> reporter: president obama capped a day of remembrance at the concert for hope at the kennedy center. >> it will be said that we kept the faith and we took a painful blow and we emerged stronger. >> reporter: across the nation, there were tributes. at sporting events and at small town ceremonies. americans are determined to forever honor the memory of those who were lost. and even as this memorial opens today, this remains an active construction site all around ground zero. terrell, the rebuilding continues down here. >> drew levinson at the 9/11 memorial site this morning, thank you very much. floodwaters that drove tens of thousands of people from their homes and three northeastern states are finally receding. heavy rains force theed is susquehanna river over its banks in new york. pennsylvania and maryland late last week, many people still can't go home. as many as 13 deaths may be related to the flooding.

the number of homes destroyed in the big wildfire near austin, texas, has risen to more than 1500 and expected to go higher. more than 40,000 acres have burned since last week. the fire is 50% contained. 7 of 10 workers missing from a gulf of mexico oil platform off of mexico have been rescued. the men, including two americans i were found by a mexican navy vessel on sunday. they fled to safety in a life raft to escape tropical storm nate. two other workers died and their bodies were recovered. a third is still missing this morning just ahead on the "morning news," spongebob square pants could he be bad for your kids' mental health? this is the "cbs morning news." ♪ there's nothing you can't do ♪ now you're in new york ♪ one hand in the air for the big city ♪ ♪ street lights, big dreams all looking pretty ♪

♪ no place in the world that can compare ♪ ♪ put your lighters in the air ♪ everybody say yeah, yeah ♪ yeah, yeah ♪ in new york ♪ concrete jungle where dreams are made of ♪ ♪ there's nothing you can't do ♪ now you're in new york ♪ these streets will make you feel brand-new ♪ ♪ big lights will inspire you ♪ hear it for new york ♪ ooh ♪ new york

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spring dale, arkansas. the new recall for 80,000 pounds of ground turkey products but, in all, more than 36 million pounds has been recalled. the products were distributed nationwide and have the numbers p-963 or 963 on the package. health officials say a deadly listeria outbreak in colorado was caused by contaminated cantaloupe. two people died and nine in texas. health officials haven't determined the source of that contamination. actor andy whitfield has died of cancer. he starred in sparticus. the show premiered last year and ran for 13 episodes. whitfield was preparing for a second season when he was diagnosed with nonhodgkin's lymphoma. he died in his hometown of sydney, australia and was 39 years old. on the cbs news money watch on this monday, stocks sharply off and trading today in asia. ashley morrison is here with

more on that. good morning. >> reporter: good morning to you, terrell. awful day for the asian markets on new fears the global economy is heading for another downturn. tokyo's nikkei lost more than 2% and hong kong dropped more than 4%. wall street fresh readouts on retail sales and consumer sentiment. trades are trying to stop the beating after a brutal session on friday. the dow plunged 303 points to close below the 11,000 mark and the nasdaq fell 61. investors bracing for another rough week. the fears over europe's debt crisis intensified sunday as new doubts emerged about the health of the banking system. financial officials, especially in france, are increasingly worried that grace's problems will spread. french banks are expecting ratings downgrades as early as today. still no relief at the gas pump. prices up six cents the past couple of weeks to a national average $3.67 a gallon.

still insist. analysts insist prices will come down soon as supply starts catching up with demand. when the next iphone is released, consumers will have a new carrier option. sprint is widely expected to carry the best-selling smart phone and unlike verizon and at&t, they are also expected to offer an unlimited data plan. apple not yet confirmed. the iphone is just rumored to be a few weeks away. the thriller starring matt damon cashed in on its opening weekend, taking in $23 million to win the weekend box office. last week's number one, "the help" slipped to a distant second with "the warrior" in third place. a little something for everyone, terrell, if i could just find the time to actually go to a movie. >> wouldn't that be nice? >> it would be. >> same thing for both of us. ashley morrison in new york, thank you. new studies suggest that preschool children who watch the cartoon character,

spongebob square pants may suffer from attention problems. researchers say that 4-year-olds who saw as little as 9 minutes of the cartoon can suffer short-term attention and learning problems. spongebob's producer says the show is aimed at children ages 6 to 11, not 4-year-olds. coming up, your monday morning forecast. in sports, a blocked punt returned for a touchdown. highlights from the jets and cowboys next. i found out that connected to our muscles are nerves that send messages through the body. my doctor diagnosed it as fibromyalgia -- thought to be the result of overactive nerves that cause chronic, widespread pain. lyrica is believed to calm these nerves. i learned lyrica can provide significant relief from fibromyalgia pain. and less pain means, i can feel better and do more of what matters. [ female announcer ] lyrica is not for everyone. lyrica may cause serious allergic reactions or suicidal thoughts or actions. tell your doctor right away if you have these, new or worsening depression,

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here's a look at the weather in some cities around the one. partly cloudy and 82 in new york. thunderstorms and 85 in miami. 89 and sunny in chicago. 101 and sunny in dallas and 83 and sunny in los angeles. time for a check of the national forecast. mainly clear skies over the nation's midsection. there are scattered storms and rain showers event and west. on both coasts scattered storms. storm clouds from the rockies swirling over much of the west. later today severe weather is forecast in the northern great lakes area. light rain and scattered storms will move across the northeast and inland. thunderstorms on the move from western colorado to eastern california. southern plains remain hot. the northern plains will be much cooler with highs in the 60s. sports this morning. the nfl's opening weekend and a slow start with a fast finish for the new york jets. up against dallas, metlife stadium in new jersey, brother versus brother matchup here.

jets head coach rex ryan and his twin rob. dallas defensive coordinator. in the third, tony romo in deep and two players came down with the ball. the officials give dallas the touchdown and ten-point lead in the fourth. with their backs up against the ball, the jets come up big, blocking a cowboys punt and returning it to tie the game. with 30 seconds left, the jets kick the field goal to win it. final there 27-24. in houston, texans matt schaub threw for 20 yards and a touchdown against the colts. indianapolis looked lost without peyton manning. manning may be out for the season, by the way, too. the texans rallied the counties rallied the colts 47-4. in phoenix, arizona, cam newton ran for one touchdown for carolina and he became the first rookie to throw for more than 400 yards in his first nfl opener but arizona scored on 89-punt return in the fourth quarter. cardinals beat the panthers 28-21. finally, a shocker at the u.s. open. serena williams lost a game for

yelling during a point against australian's stosur. in a scene reminiscent of a dispute two years ago, williams argued the call against her. stosur upset williams in two straight sets to earn her first career grand slam victory. you can see the men's final today at 4:00 p.m. eastern time today right here on cbs. when we return, another look at this morning's top stories. despite the losses felt by all americans on 9/11, there are still weddings and kids still playing and life goes on. . [ rob ] i'm rob jones, professional race car driver and former fighter pilot. so, you might say i know a thing or two about fast. it takes a lot to keep up with my hectic schedule, but quicken loans has never let me down. they closed my loan fast, their rates and fees were low,

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memorablia. and the popular cartoon that could be doing more harm than good to kids. join us for cbs 5 early edition ... beginning at 4:30. "it will be said that we kept,,, on the "cbs morning news," here is a look at the weather. western sections of the northeast will have mostly light showers with partly cloudy skies. along the coast, scattered thunderstorms from the desert

southwest to the northern rockies. here is another look at this morning's top stories. president obama prepares to send his big jobs plan to congress, bad news on the unemployment front. bank of america could be about to cut as many as 40,000 jobs. the 9/11 memorial at ground zero in new york opens to the public today. after a solemn day of remembrance there, at the pentagon, and shanksville, pennsylvania. for the people in new york, the 9/11 attacks was personal and the commemoration of the events was personal took as they observe the anniversary in their own way and prepare to move on with their lives. tony guida reports. >> reporter: kimberly and noah posed for wedding picture on a cobble stone street ten blocks from ground zero. what they have learned about life is they want to live it together. >> optimism. optimism. >> reporter: writer pete hamel lives near ground zero and watched the towers fall.

new yorkers, he says, know how to move on. >> the kind of healthy fatalism is what i would call it. >> reporter: whatever it's called, it was manifested amid-town firehouse where children played while their parents remembered. remembered the 12 firefighters from this company who died ten years ago. remembered to live no matter how difficult. >> we know when we need to grief and we also know when we need to celebrate. >> reporter: jeannine esposito very pregnant is eager to celebrate. when is the baby due? >> the baby was due three days ago. >> reporter: three days ago? >> yeah. >> reporter: jeannine and her friend ate brunch eight blocks from ground zero. one of them is apartment hunting in the neighborhood. he wants to move closer to ground zero. >> we have gone through a lot and i just -- i actually would rather be in there area than any other area today. >> our collective heart was broken on september 11th. in many ways, it was deep wound, not just physical, but psychological to a lot of other

people and i think that has largely healed. >> reporter: tony guida, cbs news, new york. one of the most poignant moments during yesterday's ground zero ceremonies was new york native paul simon performing his song "the sound of silence." ♪ and the vision that was planted in my brain still remains ♪ ♪ within the sound of silence [ cellphone translating ] [ male announcer ] in here, everyone speaks the same language. ♪ in here, forklifts drive themselves. ♪ look at the map. okay. [ male announcer ] in here, friends leave you messages written in the air. that's it right there. [ male announcer ] it's the at&t network.

and what's possible in here is almost impossible to say. [water splash] [child grasping for air] you can never know which pool safety step will save a life.

until it does. no matter how safe you feel, adding multiple safety steps can mean the difference between a close call and a call to 911. simple steps save lives. to learn some new ones, visit poolsafely dot gov almost 3,000 people were killed in the 9/11 attacks. their names now enshrined at the ground zero memorial. for their families, the past decade has been one of struggle, recovery, and resilience. russ mitchell toured the site with the father of one of the victims. >> come on over to the model. >> reporter: lee iope is giving

a tour he has led about a thousand times. >> from point of impact, 94th floor to the top, 1,365 people trapped up there. no way out. >> reporter: he never tires of talking about his son jonathan. >> i love the work. i love firefighting. i love helping people. >> reporter: lee, a vietnam veteran who spent 26 years in the new york city fire department, saw both of his sons, jonathan and brendan, follow in his foot steps. but on 9/11, jonathan, a 29-year-old father of two, didn't come home. what do you remember most about september 11th, 2001? >> my son's phone call. he said, dad, we're going to the world trade center. i said okay, buddy, be careful. he said, okay, dad. and that was the last time we spoke. >> reporter: after the towers collapsed, lee joined the search looking for his son and his squad. could they be underneath of that rubble? fingers crossed.

but then thinking about it, no. >> reporter: lee spent nine months on what was called the pile. jonathan's body was found after three. a blessing, says lee. more than 1100 families, some 40%, never received any remains. >> it's a window of one of the jets. >> reporter: since 2005, lee and other family members have given these tours around the site and inside the tribute center, a minimuseum, lee cofounded near ground zero. its artifacts have been seen by 2.3 million visitors who have left enough comment cards to fill a new book. >> they all speak with the same voice. we must find a way to live with each other, regardless of our differences, and we must live in tolerance, we must find a way to stop hatred and terrorism. we must educate and enlighten. >> reporter: even sharing his most personal memories to educate. >> this is jonathan's. >> reporter: is it ever hard for you to come down here and do your job? >> every tour. >> reporter: every tour?

>> yeah. because i'm going to cry and it's okay to cry. now, let's use those tears in a positive way. >> reporter: lee iope's son brendan is in his tenth year as a new york city firefighter and he works in the same high risk rescue service where his dad once served. russ mitchell, cbs news, new york. coming up later on "the early show," as president obama sends his ambitious jobs bill to congress, we will take a look at the chances it could actually become law. then spongebob square pants. a new study suggests the fast-paced cartoon may be too much for little kids. inside camelot. startling revelations on a book based on interviews with jackie kennedy. that and more coming up later on "the early show." that will do it for the "cbs morning news" for this monday. appreciate you watching. i'm terrell brown, everybody. take care. have a great day. -- captions by vitac -- www.vitac.com