♪ ♪ o president obama plans to make a statement this hour on the economy and address fears of the upcoming fiscal cliff. good afternoon. i'm steve sanders. and i'm dina bair. we welcome our viewers who are watching us around the country on wgn america and on the web. but first, our top story. apparently wrapping up their

operations here. they have refused to say much about their ongoing search. day five of this effort comes five years after the mysterious disappearance of stacy peterson. state police tell us that there is now tip or lead that instigated this week's efforts. the availability of fbi resources was apparently ideal for following up on old leads. >> hope they find her. her husband remains a prime suspect. a former officer was convicted of killing his third wife. back

in 2007 police pinpointed activity. >> bring my daughter here all the time. just to know that there may be remains here, i hope they could find her. >> would be nice if the family had closure. >> operation seem to be wrapping up for today. there's no indication whether the search will continue again at any point. so far today there's no indication that they have found anything significant >>a prayer vigil will be held tonight for a mother missing for nearly three weeks. the ceremony for linda barr fellenbaum will take place at the apostolic church of god at 63rd and dorchester in chicago's woodlawn neighborhood. she's the mother of three kids. she moved in with her boyfriend

in joliet about two months ago and was last seen running from his home, barefoot, on october 21st. police have taken her cell phone and vehicle from his house. she has a mole on the top edge of her hairline, and a scar on her left knee. if you have any information, give joliet police a call. the deceased teenager involved in a police shooting on the south side has been identified. 15-year-old dakota bright was shot and killed by police after he came out of an alley with a gun in his hand. according to police. it happened yesterday afternoon at 67th and indiana. police say bright was ordered to drop the gun. but he ran back into the alley then turned and aimed. police say, at that moment officers opened fire. the shooting is under investigation. cook county residents are facing new or higher taxes on guns, cigarettes and gambling. wgn's julian crews is live at the county building where county commissioners are voting on a 20-13 budget today.

>>let's go live to the east room in the white house. president obama is addressing the nation live on the economy. we're not going to be caught by surprise with an unexpected offense. the budget director answering questions about the 2013 budget. a $2.9 billion blueprint that closes the deficit with a mixture of cost cutting, consolidations, new or increased taxes. the combination

of tax hikes expected to rise over $200 million. and also balance the budget of variety casts consolidating extra office space. reducing costs. in fact that is the sticking point right now. the meeting is running along here. commissioners debating the issue of funding for a hospital system. nevertheless a vote on the budget expected to take place here shortly. today the union

issued a statement saying no agreement was reached. the next negotiation meeting is planned for tuesday november 13th. if you're an illinois homeowner insured by state farm, get ready to pay a little more. the bloomington, illinois based company has announced a four point seven percent raise in homeowners' insurance. state farm insures one out of every three homes in illinois. insurers are generally charging more to insure homes. citing increasingly damaging storms in the midwest. if you're looking for full-time employment, the city of chicago is holding its first-ever job fair right now. it's being held at kennedy king college at 63rd and halsted street.

the city is looking to fill hundreds of positions. there are also openings at the c-t-a, chicago public schools the city colleges, the park district and the chicago housing authority. more than one-thousand people have passed through the fair so far. job hunters began lining up at five o'clock this morning, and the line is stretching for several blocks. mickey and minnie mouse made a special visit to chicago today. they came all the way from walt disney world to test the lights for the upcoming mag mile light's festival. the festival is november 17th at 5-30 p-m. mickey and minnie are once again the grand marshals of the event that includes lighting more than one million lights on 2-hundred trees.

more fallout after the storm. >> new congressional budget office report predicts the economy would fall into a recession if there was a lengthy impasse in washington. >> good afternoon everybody. now that those of us on the campaign trail have had a chance to get a little sleep, it is time to get back to work. as i said on tuesday night, the american people voted for action not

politics as usual. the elected us to focus on your job's not ours. in that spirit i have invited leaders of both parties to the white house next week so we can start to build consensus around the challenges that we can only solve together. i intend to bring in business and labor and civic leaders from all across the country to get their ideas and input as well. at a time when our economy is still recovering. our top priority has to be jobs and growth. that is the focus of the plan that i talked about during the campaign. it is a plan to reward small businesses and manufacturers. it is a plan to give people the chance to get the education and training that businesses are looking for right now. it is a plan to make sure this country is a global leader.

it is a plan to pull folks back to work including our veterans. but as a plan to reduce our deficit and a balanced and responsible way. our work is made that much more urgent because at the end of this year we face a series of deadlines that requires us to make major decisions about how to pay our deficit ballot. balance. both now and in the future last year i worked with democrats and republicans to cut a trillion dollars worth of spending that we could not afford. i intend to work with both parties to do more. that includes making reforms that will bring down the cost of health care so that we can strengthen programs like medicare and medicaid for the long haul. as i have said

before we cannot just cut our way to prosperity. if we are serious about reducing the deficit we have to come by and spending cuts with revenue. that means asking the wealthiest americans to pay a little more in taxes. that is how we didn't it. that is how we did in the 1990's and bill clinton as president. that is how we can reduce the deficit while still making investments we need to build a strong middle class and a strong economy. that is the only way we can afford to train our workers. or make sure that good jobs and clean energy do not end up in countries like china. i have put forward a detailed plan that allows us to make these investments while reducing our deficit by four

trillion dollars over the next decade. i want to be clear. i'm open to compromise. i'm open to new ideas. i am committed to solving our fiscal challenges. but i refuse to accept any approach that is not balanced. i'm not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me making over $250,000 are not asked to pay a dime more in taxes. i am not going to do that. this was a central question during the election. it was debated over and over again. on tuesday night we found out that the majority of americans agree with my approach. that

includes democrats independents, and a lot of republicans across the country. as well as it independent economists and budget experts. that is how you reduce the deficit with a balanced approach. for believe we can get the majority. i was encouraged to hear the speaker agreed that tax revenue has to be part of the equation. let me make one final point that every american needs to hear. right now if congress fails to come to an agreement on an overall deficit reduction package by the end of the year everybody's taxes will automatically go up on january 1st. including the 90 percent of americans who make less than $250,000 a year. that makes no sense. it would be bad for the

economy and would hit families that are already struggling to make ends meet. fortunately we should not need long negotiations or drama to solve that part of the problem. there may be disagreement in congress over whether or not to raise taxes on folks making over $250,000 a year. nobody not republicans or democrats want taxes to go for folks making under $250,000 a year. let's not wait. even as we are negotiating a broader deficit reduction package, let's extend the middle class tax cut right now. let's do that right now. that one step give millions of families the certainty that they need going

into the new year. it would immediately take a huge chunk of that economic uncertainty. consumers are not going to see a big tax increase. they know that most small businesses will not see a tax increase. a lot of the uncertainty you are reading about will be removed. in fact the senate has already passed a bill doing exactly this. all we need is action from the house. i have the pan ready to sign the bill right away. i am ready to do it. the american people understand that we're going to have disagreements. there will not tolerate politicians you

compromise is a dirty word now when so many americans are still out of work. not one sony families and small business owners are still struggling to pay the bills. the american people are looking for cooperation. most of all they want action. i intend to deliver for them in my second term. i expect to find willing partners in both parties to make that happen. thank you very much everybody. >> the president and his first address after winning reelection talking about the economy and avoiding the fiscal class. >> he is dylan was so many presidents in the past have done. what he wants is higher taxes for wealthy americans.

there's been no indication from the house speaker that house republicans are on board with this. >> in fact he said he was going to be standing firm earlier today. he made a comment that he wants to get something done. the president agrees with the congressional budget office. going over the cliff could plunge as back into the recession. it could bring the unemployment rate over 9 percent. all of people want to avoid that for good reason. in his speech today he did talk about how most americans want what he is offering. he feels like he can make this happen. we shall say. see

>> more headlines after the break.

hurricane sandy and a powerful winter storm delivered a one-two punch to northeastern states. thousands are still without electricity. now, gasoline is in short supply. new york and long island have started gas- rationing today. rationing is likely to last for weeks. drivers are allowed to buy gas only on alternating days. and some drivers say that's just fine with them. the snow storm dumped more than a foot of snow in some areas of the northeast. power outages stretch from delaware to maine. and some 650-thousand customers have no electricity. what saved me three hours federal criminal charges will not be filed against former syracuse assistant basketball coach bernard "bernie" fine, who was accused of sexually abusing children, u.s. attorney

richard s. hartunian announced friday. the careers of seven navy seals are all but over after the defense department punishes them for helping create a popular video game. "medal of honor: warfighter" is touted for its realism. the seven navy seals worked as consultants and were paid by the gaming company. all were members of the elite navy seal team 6 and one took part in the raid that killed osama bin laden. a defense official says the men disclosed classified information. each man got a letter of reprimand, and were docked two month's pay. it's likely they forfeited future promotions. >> it has been the 11 days since hurricane sandy hit. it is eerily quiet. except for the

sound of generators that are still pumping water out of these buildings down here. phone lines were damaged after being submerged in water. as of wednesday almost a third of the office space in lower manhattan was out of operation. they have a discount that they are probably not happy to offer. 86 percent off of the stock price. the stock hitting a record low. because of problems growing overseas. the company cut 80 t as the automate their sales and marketing operation. if you're having problems with your twitter account you're not alone. passwords or accidentally reset. the company regularly resets passwords on accounts they believe were compromised. they may have unintentionally reset more passwords than intended. holiday season is

usually prime time for video- game sales. indications are that it may not be so this year. they're falling off the cliff. it is not just a game. consoles sales are down 37%. a little bit of a rebound today. consumer confidence is at its highest level since 2007. that is overshadowing all of the concerns about the fiscal cliff at least for today. >>

>> i am shopping for a new car. a >> there is plenty to know about test driving a car. i like to keep this simple. i'm here to show you the real world real use card test. the first thing you need to do is bring all of your stuff. this is by no means all of my stuff. you want to make sure everything fits in the trunk that he would carry every day. the next thing you want to do is make sure the child seats fit in the back and that you could put them in yourself. along those lines you want to make sure you could do everything yourself. a new test driving a car you should test drive it exactly as you drive every day. if you have to take a freeway to work, driving down the freeway. private as long as it takes until you get a good sense of what you're driving. do

not let the salesperson rush you. this is your time. make the most of it. >>tom skilling has your full ÷

he led the bulls with 27 points but gets rejected ear. that led to a fast break. the bulls won in there until the final seconds. kevin duran finishes them. bubbles lose 97- 91. we settled for some three- pointers. the game was there. the game was there to be had. our defense was good to start the game. there was nowhere near 48 minutes a game for us

defensively. >> you may need an umbrella. it could be unseasonably warm. a could see some thunderstorms. we're warming up and breaking out of the street consecutive subnormal days. that is the longest below nor mnormal stricken years. the month of november has been equal 1. when about 9.4 degrees behind in november a year ago. there is wind coming

in off a lake. tomorrow a warm front swings in overnight. a big storm comes together out here on the west. wait until you see this now. just two days ago. today there were shoveling snow in hand and a blizzard. looking out of the negatives. it says we're cooler out there that we were 24 hours ago. we're

expecting southerly winds to start blowing this war than to the area. the wind and only 3 mi. per hour with a dew point of 39 and humidity of 63%. here's what is going to set this big change in motion. there will be some mixed clouds through this evening and mostly cloudy skies tonight. it has the day comes on tomorrow we will go partly sunny. we're heading for

a near-record warmth. we may actually reached that temperature. rain chances will be on the rise on sunday the big picture the northeasters leaving the east coast. this will probably be the largest increase in u.s. storm coverage of every. the snow is gone on there. rain at lower elevations. there's quite a storm coming together up there. all kinds of reports of snow. the numbers

have been impressive. here's how the weather evolves over the next couple of days. the warm front comes through tonight. he is going to blow with gusto tomorrow. only 40 mi. an hour at times. thunderstorms will begin erupting. look how close they will be at kickoff time. that is at 730 sunday night. you wake up

to winterly weather conditions. much like those that have prompted all of these advisers. a lot of action going on with this weather system. this is a model forecast of specific models. i show you this because this mammoth thing will dictate the wind circulation of the central u.s..

>> tomorrow we ride up close. with typical they're wrapping in from montana as we have another day of sixties on sunday. him one of these little fashion here plunges coming into the country. is about the time of year that starts happening. for tonight is mostly cloudy. perhaps a shower or thunderstorm. they

will be scattered and the accidein the afternoon to how. high of 64 degrees. time for today's trivia. what is the highest score you can achieve in a game of ten-pin bowling? a. 300 b. 400 c. 500 the answer still to come this midday! tg id

[ "the odd couple" theme playing ] humans. even when we cross our "t"s and dot our "i"s we still run into problems -- mainly other humans. at liberty mutual insurance, we understand. that's why our auto policies come with accident forgiveness if you qualify where your rates won't go up due to your first accident and new car replacement, where if you total your new car we give you the money for a new one. call... to talk to an insurance expert about everything else that comes standard with our base auto policy. [ tires squeal ] and if you get into an accident and use one of our certified repair shops

your repairs are guaranteed for life. call... to switch, and you could save hundreds. liberty mutual insurance -- responsibility. what's your policy? these are my polar bears. he used to wash them in hot water. he didn't get the irony. i'm not the tree-hugging type. but i am the saving money on energy type. so we switched to the cold cycle and with tide coldwater his teddy bears are clean. polar bears. that's our tide for conserving energy.

[ female announcer ] he could be your soul mate. but first you've got to get him to say hello. new crest 3d white arctic fresh toothpaste. use it with these 3d white products and whiten your teeth in just 2 days. new crest 3d white toothpaste. life opens up when you do. good afternoon everyone. >>wishing you the best of luck. the first game is pick 3 1,3,5 winning pick 3 1,3,5

winning pick 4 winning pick 4 numbers 7,3,91 >>go out and get a mega millions ticket. 13 million dollars. good luck and i was once used for small

jobs. and i took on all the bigger tougher ones. but with mr. clean's new select-a-size magic eraser he

can take on any size job. at least we don't go near rex's mobile home as often. what are you, scared? [ dog barks ] aah! oh! [ male announcer ] new mr. clean select-a-size magic eraser. possible contamination. they say the problem showed up in batches of a mix made last month. the bottom of the canisters say their best years october 2014. have been no reports of illnesses linked to the powder. people who have the powder can return it to where

they bought it for a full refund. those looking to save a buck at the bars might end up paying for it in other ways. a new study finds that those who drink before heading out for a night not only spend the same amount -- but end up drinking twice as much. the study also showed that pre- drinkers are more likely to participate in risky behavior such as unsafe sex and drug use. five percent of men and three percent of women reported injuring themselves after a night of pre-partying. in today's lunchbreak a sweet and savory dessert, white chocolate sundried cherry bread pudding.

this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn.

in today's lunchbreak a sweet and savory dessert, white chocolate sundried cherry bread pudding. simon sulaica is here from gordon biersch brewery. we have been involved with the march of dimes for many years. we like to continue on this tradition. it is for a real good cause. >> our tickets available. if you want to have some of it you can. >> bread pudding is a fairly simple thing to make but in the end it is so delicious. >> it is one of the most simple recipes. it can be made with any

old bread you have lying around. and as always fun to play around with. >> you try to come up with great flavors. >> white chocolate and dried cherries. this one is delicious. everybody likes this bread pudding. >> first one, we're going to start the butter sauce we're going to make we are going to add some brown sugar to it. we're going to let it keep up. we're going to have a little bit of the salt. just to bring up the flavors. a little bit vanilla. we like to use a spiced rum. we're going to let that sit

and start working its magic by itself. >> we're going to start our bread pudding. i have a pre greased pan. you can use whatever table but you have at home. >> with melted butter and we pre greased the pan. we had the bread to it. the leftover butter that we have we're going to add to the bread. >>starting to boil.

>> electric stoves are always a challenge. and this pan we're going to add some heavy cream. we're going to have some milk. let that heat up. a little bit of brown sugar and cinnamon. it will that of manila. a little bit of vanilla. let that heat up. over here we have some eggs. once this is heated up. >>w will let this heat up. add

the hot liquid to the eggs. >> and we're going to slowly add it into our eggs. we're going to add this to our bread pudding. we're going to have the white chalktalkchocolate.

the march of dimes suburban signature chefs auction is november 14th at 5:30 p.m.at the bolingbrook golf club to learn more go to march of dimes dot com slash illinois. gordon biersch brewery is at 639 east boughton road in bolingbrook. for today's recipe, or to watch the segment again, log on to wgn tv dot com slash midday. [ "don't you worry 'bout a thing" plays ] stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional

better car replacement. if your car is totaled we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the world and we do everything we can to be there for them when they need us. [car alarm blaring] call now and also ask about our 24/7 support and service. call... and lock in your rate for 12 months today. liberty mutual insurance. responsibility. what's your policy?

time now for the answer to today's trivia question. we asked: what is the highest score you can achieve in a game of ten-pin bowling? a. 300 b. 400 c. 500. the answer: a. 300 , to get a perfect score, you would need to get a strike for all 10 frames, and then earn two more strikes with your two bonus throws. >>i enjoy the little alley down

the side. >>i like the bumpers on the side. it is going to get warm this weekend. every week we get a report on lake levels. like michigan is now 16 in. below a year ago. that is only 1 in. above the all-time low. november 1964 record these are temperatures at the moment. look at the cooler air up to the north. and is 54 locally. our weather but stationbug station. 49 at lincoln park. 53 of park ridge.

sunshine getting through the clouds. we have a front developing to the west. tomorrow if there's a shower it will be very spot. ty. these are predicted wind gusts by morning. during the day they pick up over 30 mi. per hour. our model is suggesting 40-50 m.p.h. when the dust from the south. we're going to warm up. here are the high temperatures for tomorrow.

almost 20 below zero in parts of montana. that cold air comes closer. it gets here on monday and tuesday. tetras will be in the '40's. monday's temperatures might actually settle into the 30's. 65 sunday. >>thank you for joining us today. >> [music]