i want to turn now to mark warner, democrat of virginia. he's on the budget committee. and down in columbia, south carolina, senator lindsey graham. senator warner, first to you, what went through your mind when you heard speaker boehner say what he said this week? >> it felt like groundhog day. you know, we saw what happened when the speaker last year played, in effect, debt ceiling roulette. he almost blew up the whole economy and the notion with fiscal turmoil going on in europe right now, that he would try to say we're going to draw this bright line again, and kind of "my way or the highway" approach. i think it's incredibly irresponsible. the fact is, i agree with senator mcconnell. we've got to take on this debt issue. we've got to recognize $16 trillion in debt, $4 event 5 billion a day we add to it but it's going to take a balanced plan, like simpson-bowles, like our gang of six, that has revenue and entitlement reform and the notion that it will be done on one side of the balance sheet with spending cuts only, there's no responsible out there that has looked at

. -- share the stage with virginia senator mark warner. and nearly 5,000 seniors are scheduled to receive diplomas, including some who had planned to skip the ceremony. >> i wasn't going to go to the commencement just because i knew it was going to take a while. now i herd michele obama -- heard michele obama is coming and i'm definitely going. >> virginia police say they cannot talk about the extra security measures, and school officials say they don't know whether mrs. obama plans to shake hands with each graduate. >>> coming up next, howard has the forecast. >> jc, sunny and windy today. we may see a sprinkle buff the rains yesterday really helped some of the pollen in a bad way. here's a look at the allergy update as we go to break fl everything is high except for -- break. everything is high except for the weeds. the free trees, grass and mold up high. >>> i love to shop and i am shopping for you this morning finding you some deep discounts. here are my favorites. you need a vacation? here's one for you found on travel zoo. pay $599,

. >> turning to the hill, virginia senator mark warner and three other u.s.ion today aimed at jump starting the economy for the creation and growth of businesses. it would alleviate regulatory burdens and make changes to the tax code to encourage investment and startup companies. lawmakers in maryland are a step closer to scheduling a special session to consider the expansion of gambling. last night governor o'malley and house and senate leaders said that if they reached a consensus that in a work group, a special session will be held july 9. lawmakers will consider a bill bolling table games and the six casino in the state, which would be built in prince to discount the. >> it is 63 degrees. >> up next on this tuesday morning, wrapping a season 14 of dancing, getting an idea of what to expect next season. why it will include familiar faces. >> first another check on traffic and weather as we enjoyed a drier air view >> tuesday morning, four clocks 52. -- 4:52. take a look at some areas of light rain around the beltway. in the metro area, northwest dcm creepi

>> i think senator mark warner was in kentucky, also, around the same honey pot of donors. i think a lot of people are interested but i would say right now hillary clinton would be the first. chris: would biden challenge her? >> i think in the run joe can't resist. chris: joe can't resist is a general statement. it's all id. the big question of the week, which media figure has the power to lead american public opinion? chris: welcome back, there's a new retrospective airing this monday night on pbs called "johnny carson, king of late night." here's a clip. >> it is commonly assumed in washington that once somebody reaches the point where you use them in your monologue, they are through. >> tonight's monologue is dedicated to president nixon. i've got a monologue that just won't quit. chris: we love that guy. which brings us to this week's big question. you heard david brinkley telling carson he moved america. who in today's media, across the board, movies, music, everything, has that power? >> it's not a nighttime figure, i don't think, and it's not a lot of our culture. if

that's how harold ford saw it, our old colleague, steve rattner now mark warner and i think there's going to be more democrats coming forward because these attacks are so unfair and misleading. >> woodruff: governor strickland, the president's focus here on economic fairness, is that a wide thing for the president to be doing in this campaign? >> absolutely! who doesn't believe in fairness? the fact is that the president has not attacked free enterprise. he's not attacked venture capitalism. he's attacked mitt romney's assertion that he should be president because he made a lot of money for himself and his investors. and the president was absolutely correct. the president's job is to look out for all americans, not just the investor class and the fact is that this president took a horrendous situation. mitt romney wants to take us back to the bush policies that led to this recession and as bill clinton said he wants to do it on steroids. we've got to move forward not backward. the president is leading. he is laying out a solid foundation and all we need now is for this congress to get beh

>> i think senator mark warner was in kentucky, also, around the same honey pot of donors. a lot of people are interested but i would say right now hillary clinton would be the first. chris: would biden challenge her? >> i think in the run joe can't resist. chris: joe can't resist is a general statement. it's all id. the big question of the week, which media figure has the power to lead american public opinion? power bikini to charge your cell phone. but there are easier ways to go green. like turning your thermostat up two degrees in the summer. you'll avoid those awkward tan lines the more you know. [ male announcer ] for our families... our neighbors... and our communities... america's beverage companies have created a wide range of new choices. developing smaller portion sizes and more low- & no-calorie beverages... adding clear calorie labels so you know exactly what you're choosing... and in schools, replacing full-calorie soft drinks with lower-calorie options. with more choices and fewer calories, america's beverage companies are delivering. chris: welcome back, the

. >> reporter: virginia senator mark warner is part of a bipartisan group that's trying to build support for maix of entitle -- mix of entitlement reform, spending cuts and new revenue from taxes. >> i spent a lot of time talking with my colleagues who know in their gut we've got to do this. >> reporter: the treasury secretary has predicted the u.s. will hit its current borrowing limit of $16.4 trillion by the end of the year. danielle nottingham, cbs news, the white house. >> senate has not passed the federal budget in three years. >>> sky 9 was over the scene of an explosion in lorton, virginia. three people suffered minor injuries. authorities say an air handling unit at a chemical lab on furnace road exploded. hazardous materials crews are still at the scene. >>> there is some good news to report in the housing market. because the commerce department says new home construction rose nearly 3% from this time last year. the figures taken into account single family homes and apartment buildings, but even with the gains, the rate of construction is still below what it's considered healthy

. >> virginia senator mark warner is part of a bipartisan group trying to build support for a mix ofntitlement reforms. spending cuts and new revenue from taxes. >> i spent a lot of time talking with my colleagues who know in their gut that we have to do this. >> the treasury secretary has predicted the united states will hit their current borrowing limit of 64 trillion dollars by the end of the year. at the white house, danielle nottingham, cbs 5. >> the treasury secretary says that if the debt ceiling is not raised by the end of this year than the country will default on its loans. >> john edwards defense team has rested without calling the former president or his mistress to the stand. experts say that not having edwards testified shows his defense team confidence in the case. edwards of course is accused of is using illegal campaign contributions to hide a pregnant mistress during his 2008 run for the white house. if convicted he could spend 30 years in jail. court records show that george zimmerman had two black eyes, a broken nose, and cuts on the back of his head a day after h

virginia senator mark warner will also speak. >>> the first lady and dr. jill biden hosted lucky military mothers and children at the white house for mother's day. children got to create mother's day cards and gifts in the dining room, then moved to the east room to present the gifts to their moms during the afternoon tea. the first lady thanked the mothers for their strength and service while their loved ones are overseas. >> your sons and daughters, their choice to serve this country is a reflection of your love. >> the first lady and dr. biden also hosted a separate joining forces service event -- joint forces service event at the naval observatory, assembling hundreds of care package for mothers and wives with husbands deployed overseas. such a nice event in honor of mother's day to give back. always important. >> and mother's day will be a beautiful day to help mom enjoy that special day. right now, we look outside, we can tell you about -- just a few clouds still out there. and tom, pretty cool start. >>> yeah, indeed. it is unusually cool for early

. >> reporter: virginia's mark warner says getting the plan passed would be a highlight of his senate career. if the grand bargain fail and the supercommittee failed and things are only getting more polarized what's the hope for debt reduction? >> i always go back to that great winston churchill quote "you can always count on the americans to do the right thing afteafter they've tried everythg else." we've kind of tried everything else now. >> reporter: just like the rest of congress the members of the gang of eight are often divided so crafting legislation is a slow process, scott, especially when you consider that they are proposing leave nothing pocket of the federal government untouched by either cuts or reforms. >> pelley: interesting to hear warn err democrat and coburn a republican on the same page. nancy, thanks very much. the u.s. economy is showing new signs of life. the government reported today that production at america's factories rose .6% in april compared to the previous months and home construction in april was up 30% over the same month last year. a lawsuit aimed at

obviously, senator mark warner in the senate is the lead sponsor of an identical bill. the vice president has been supportive and a part of it at every point. chairman devaney has been part of it. i want to put you on the spot a little. i think mr. connolly did a good job of going completely off the first panel's discussion brilliantly and i'd like to do that bu i think the data act deserves an understanding if you're prepared to make comments on challenges you see, if any, that need to be addressed. >> thank you, chairman. i will make a couple of remarks about that in response to your question. i'd like to caveat my remarks saying we're reviewing the bill. the process involves getting input from every agency and from a diverse segment within each agency including lawyers and accountants. >> are you going to let the accountants and lawyers worry me? >> well, we're evaluating, and we will certainly be able to present to you a comprehensive reaction of both what we find s as -- as promising and -- in areas where we think more work is needed. let me also emphasize up front

critics of the volcker rule which outlaws banks from gambling with your money is virginia senator mark warnerso why does warner oppose regulating the big banks because he's received over a quarter of his campaign donations from wall street giant j.p. morgan chase he also has millions of dollars invested in hedge funds run by that bank which apparently he's not too worried about losing even though j.p. morgan chase c.e.o. dan jamie dimon announced his bank lost two billion dollars on bad bets in just the last six weeks after all now the j.p. morgan chase is officially too big to fail one knows that the bank starts to go south this investment will be safe because he and all the other members of congress who get big campaign donations to the bank which is about to bail them out again and there's also democratic representative dave lowe's back a while was received thousands of dollars in campaign contributions from for profit on line education companies after taking the donations representative lows back turn around and introduce the schools of the future act which gives taxpayer subsidies to you

ask former governor, current senator mark warner. he said medicaid is on a road to a meltdown and will bankrupt the states. current senator joe manchin, former governor as well. i know there's never enough. we desperately need to get this program under control. these are folks serving in washington, things they said back in the state capital when they were faced with the grim reality of cutting education in order to put money in medicaid. this is a dual program. some money from washington, some money from the states, all the money from the taxpayers and all the regulations from washington, and what this proposal does in our budget is actually puts the responsibility on the folks closest to the people. it's about what you thrust. if you were kathleen sebelius and you were governor, you didn't trust washington. you asked for a waiver. actually our current governor has put in almost the identical same waiver that then governor kathleen sebelius requested. it would be interesting to see if she approves the actual waiver that she requeste

she'll be joined by senator mark warner. both will deliver speeches to about 5,000 students starting at noon today. the first lady then heads to speaking engagements at north carolina at university. >>> time for a check of the other top stories. the nine people killed in metro's deadliest crash will be honored today near the scene in northeast. d.c. mayor vince gray will join relatives of the victims and first responders to unveil a plaque this morning. in 2009, a malfunctioning electronic circuit caused two trains to collide. >>> the woman suspected in last week's deadly hit-and-run in fairfax county now says she was trying to get away from the other car. her lawyer says the other car ran a stopsign and she swerved. but arrington got out of her car is the allegation there, but arrington died after she was run over. mcmillan said she didn't intend to hit her with her vehicle. >>> 28 people arrested for smuggling drugs into virginia. they're charged with running a cocaine smuggling ring that brought millions of dollars of coc

virginia democratic senator mark warner blamed the tough stance for nearly derailing the economy lastummer. >> and the notion with fiscal turmoil going on in europe right now, that he would try to say we are going to draw this bright line again and kind of my way or the highway approach, i think it is incredibly irresponsible. >> for every dollar that we are borrowing in the future, ought to cut the government by an equivalent dollar is not radical. >> reporter: republican senator lindsey gram says government spending should be curbed first. if lawmakers don't raise the debt ceiling the government is expected to hit its borrowing limits by the end of the year. >>> time, speaking of money for another your money report. >> and jessica is back with stocks by the gas pumps? >> reporter: yeah, gas prices have dropped 6 cents over the past two weeks. the latest survey finds the national average for a gallon of regular now stands at $3.78 a gallon. you can thank dropping crude oil prices. thank you dropping crude oil prices. thank you very much. analysts say if crude oil prices stay where th

massachusetts democratic senate candidate mark warner elh warren acknowledging she told harvard she haditage and the campaign insists she gave it to the schools after she was hired. up until now, warren said she learned that harvard was promoting her as a native american reading a newspaper. she claimed to be 1/32nd cherokee. she has no, she is provided no evidence other than family lore. meanwhile, conservatives jumping on another statement by warren late last year that i was the first nursing mother to take a bar exam in the state of new jersey. they have said there is no way to been a that claim. >>> new york city wants to bar sodas to curb obesity. it would not apply to diet or juice beverages but limit sugary nonalcoholic drinks over 16-ounces sold in restaurants, movie theater and sports venues >>> you don't have to be eligible to tour the world to be named ambassador by the united nations. robert mugabe appointed the new envoy for tourism, despite being banned from europe because of human rights abuses in his own country. he is accused of ethnic cleansing and rigging elections am

michelle obama will be joined by virginia senator mark warner. both will deliver speeches to about 5,000 students starting at noon. the first lady then heads to speaking engagements at north carolina a&t university. >>> making headlines this friday, the search for a man put on the fbi's most wanted list just this week in connection with a bizarre murder and abduction case is over. police say adam mays shot himself to death yesterday after he was surrounded by a swat team in mississippi. mays was accused of killing joanne bane, along with her eldest daughter two weeks ago, before kidnapping her two youngest daughters. police say the girls are safe. they were taken to a hospital for observation. mays' wife is already in jail on murder charges related to this case. >>> a metro employee fired after last month's derailment on the blue line. the agency says it's standard procedure to check the closure before resuming service. >>> a drug bust in laurel, maryland, is one of the biggest pot busts in howard county history. he's a former crime lab worker, a

expecting to discuss how to withdraw troops from afghanistan by 2015 >> ky senator mitch mcconnell and mark warnerbob schieffer on face the nation >> that is coming up next in our news continues on to c.w. network. why thousands of commuters need a new game plan for busy san francisco streets and a lot more going on, channel 44 cable 12 starting in just a couple of minutes. a live look now in downtown san francisco, a gorgeous morning, temperatures ranging from the upper 60s to the low 80s eat eventually today. most everywhere in the bay area is around the high fifties right now and we may see a cooling trend starting tomorrow >> a rare event in space today >> the moon is passing in front of a son creating a solar eclipse known as the ring of fire. it happens at 633 this evening but do not look at it with the naked guy. the best ways to watch our with a welder's lands or a pinhole viewer or you can watch it on television because we will be playing it live here on cbs 5 at 630 tonight. enjoy your lovely,,,,,,,,,,,,,,

ed rendell, mark warner the senator. plenty of democrats defending private equity.et with the line the president has taken. the polls show that romney background, a businessman is something that does help him. then there is a horrible hypocrisy on the part ofth the panel bam. he is attacking private equity and then take money from bundlers. a big fundraiser is at bain. then there are others. fundraisers hosted by private equity people. i don't know whether you saw -- [ inaudible ] the spokesman for the obama campaign asked on this on cnn and he wouldn't answer. it was one of the most awkward experience by a presidential spokesman, campaign spokesman i have ever seen. he just pretended like he the president like the questioner and anderson cooper asked him something else. ignored the question straight through. >> bret: mary, the latest poll from the apc/"washington post" has president obama with a slight lead. we have seen in a couple of polls but on the issue of the economy dead tied. 47-47. >> on the issue of whether romney experience is a positive or negative, it'

next lars talks to distinguished senators mark warner and jerry moran, republican from kansas. and later, oil closes below $90 a barrel for the first time since october, gold is down, the dollar is up, the scent of deflation is getting stronger. "the kudlow report" is come being right back. mary? what are you doing here? it's megan. i'm getting new insurance. marjorie, you've had a policy with us for three years. it's been five years. five years. well, progressive gives megan discounts that you guys didn't. paperless, safe driver, and i get great service. meredith, what's shakin', bacon? they'll figure it out. getting you the discounts you deserve. now, that's progressive. call or click today. we asked total strangers to watch it for us. thank you so much, i appreciate it, i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money ? if your bank takes more money than a stranger, you need an ally. ally bank. no nonsense. just people sense. ♪ ♪ ♪ [ male announcer ] the tight-turning, space-saving, eco-friendly smart. escape your stuff. ♪

she will address graduates today along with senator mark warner. she is also set to deliver commencement address at north carolina, a & t university and oregon state. >>> the woman suspected in last week's deadly hit and run in fairfax county now says she was actually trying to get away from the other car. gloria mcmillan's lawyer says the other car ran a stop sign and mcmillan swerved to avoid hitting shalinda arrington. she got out of the car yelling and hissing mcmillan. mcmillan says she did not intend to hit arrington with her vehicle. vehicle. >>> here is something to smile b a team dominating conversations in our area. the caps just one win away from the eastern conference championships. >> the caps are practicing one last time at kettler's iceplex. that is where sherry ly is live with more. >> reporter: the public is welcome to the practice today. it is at the kettler iceplex here in ballston. it starts at 10:30. that is when the caps will hit the ice for their final practice here before heading up for the game seven against the new york ra

playing for the democrats tonight, mark warner. and tom coburn, good to see you both. and i know you've both been on the show a lot talking about ideas and compromise, gang of six. and here you are tonight. so let's see what we can do. you're in the middle of conversations, right? >> that's correct. >> and how close are you to something that could be significant in your group? >> i think we're close, but the point is to get the politics out of it, presidential politics out of it and actually work on the real problems. and that still has some influence as we work because there's political jockeying for what's going to happen in november and what we need on do is throw all that out and start thinking about the best long term position for the country. >> both of you have been doing that and it seems like you've accepted a lot of cuts, he's accepted tax increases, revenue increases. this is a deal. >> we found a plan to get us between $4 trillion and $5 trillion off our debt. it wouldn't be exactly what tom wanted or exactly what i wanted, but at the end of the day, the al

the first lady michele obama is expected to share the stage with virginia senator mark warner. nearly 5,000 seniors are scheduled to get diplomas including some who had planned to skip the ceremony. >> i wasn't going to go to the commencement because i knew it was going to take a while. but now that i heard michele owe bam that is coming, i'm -- obama is coming, i'm definitely going. >> there's going to be plenty of security. school officials do not know whether mrs. obama plans to shake the hand of each graduate as they cross the stage which could be time consuming. >> that could be time consuming. >>> it is 5:33. time for another your money report. jessica doyle says don't let mom or your wife fool you. she really does want something special for mother's day. >> your mother pay say she doesn't want anything for mother's day but don't believe her. she's being nice here, people. a poll found that 73% of moms do want something for mother's day. joining me now is tray, the senior writer for retailmenot.com. mom really wants something. >> yes. only 42% of spouses are prepared to g

mark warner needs to reach across the aisle and talk to grassley.ing -- what can we do with the finance committee? as democrats and republicans? we have a number of other people doing this, but they need to be supportive through strong analytical agencies. we should not be cutting gao staff right now, we should be augmenting them so that they can get into this overhaul business and draw on the enormous knowledge that they have about fixing some of these problems. it is happening, here and there, with state and local government. we see it happen, from time to time, but in washington this is what we call an eyes glaze over issue. it is just not very much fun. when you go back to the voters and they say -- what did you do for me over the last four years and you say to them, i have been working on government management reform, it is a nonstarter. the public needs to say -- look, we want government to run more effectively, be more efficient, and we understand it will not a fault -- involve always cutting the federal work force. we need a different kind o

mark warner comes on this show and everybody seems very reasonable. yes, some people are going to pay more. i want a combination of things, i want cuts. all right. but then there's people like grover norquist and he is, you've called it a purity test that he makes republicans sign. why is that not helpful? >> first of all, it's not helpful because he's the author and developer of what a tax increase is, which is ridiculous. the senate voted for two of my amendments, one to eliminate the blending requirement on ethanol. he called that a tax increase. that was nothing but spending through the tax codes. >> a subsidy. >> not a subsidy. they have a subsidy besides that. this is just a tax benefit. it's spending. and so you can't allow somebody from the outside to determine what in fact it is. the other thing is we eliminated a tax break for the hollywood producers. 38 republicans voted for that. so there's not a clear definition of what violates mr. norquist's code but the vast majority of republicans don't agree with him of what that is. >> so obviously

we're cheering for people like tom coburn, mark warner, those are the guys right now working across theo get something done, reasonable people, and we hope that they succeed. >>> there was a scare over the atlantic today. a woman claiming she had a device surgically implanted inside her forced a u.s. bound fight a us airways flight, to make an emergency landing. flight 787 was headed from paris to charlotte this morning. it didn't get there. it diverted to bangor, maine. federal law enforcement officials say a woman on board gave the flight crew a note saying she had a device implanted inside her. fighter jets were scrambled. doctors were on board that flight. they examined the woman. she's from cameroon. they were able to determine she did not have a bomb because she didn't seem to have any scars. if it were implanted they would have seen that. she is being held by federal authorities tonight and they don't believe at this time it's terror related. passengers were loaded onto another flight, just got into charlotte a little bit ago, but "outfront" tonight one of those passengers, andre

virginia senator mark warner will also speak. >>> treated address concerns. when we could change -- when changes made to the design of the eisenhower memorial and what the family is saying. >>> caught in open water. the dramatic rescue after a helicopter crashes out at sea. >>> 5:37. a chilly start to the morning. i'm really going to miss you. my new place isn't that far away. it's 15 miles away ! with this droid razr by motorola on verizon 4g lte, we can video chat on skype. you're gonna get lost ! this has gps. well, that makes me feel better. me too. i'll go get two from the back. the droid razr by motorola now only $99.99. hurry in, offer ends may 13th. verizon. any last wishes? new selsun blue deep cleansing micro-bead scrub goes to the source wiping out flakes before they flake. new selsun blue deep cleansing. >>> investigators trying to figure out what caused a hblth to crash off -- helicopter to crash off the coast of scotland. all 14 people on board were rescued. the 12 passengers and two crew members were headed to an offshore oil rig when the helic

eight of us with mark warner, saxby chambliss. we are working toward the bowles/simpson approach which unfortunately paul ryan's budget doesn't reflect. everything has to be on the table. if we're going to work this out, if we're going to compromise and give the american people an answer instead of a political speech or sound bite, we've got to get back to the same basic bowles/simpson principles that paul ryan and unfortunately the three house republicans refuse to vote for. it's still the bottom line solution to our problem. >> senator, let me ask you a political question in this campaign. polling, "usa today"/gallup. a show of strength for governor romney on the economy. folks saying 55% of the economy would get better if romney's elected. 46% believe that if the president's re-elected p you see the corresponding numbers for how it gets worse. how much of a negative right now is the current state of the economy for president obama? >> i think people see an increase in a private sector employment which is a positive thing. they