next president obama unvails his initiative to study the human brain with $100 million this the president's 201314 budget. this would aim new ways to revent, cure epilepsy, and traumatic brain injuries. this is about 15 minutes. [applause] >> good morning. thank you all for being here today. i'm francis collins director of the national institutes of health, n.i.h. and i am proud to have the honor of welcoming you here to the east room of the white house for a very special scientific announcement by the president. investing in bio medical research is one of the wisest choices we can make as a nation. the united states has long been at the forefront of one medical breakthrough after another helping to save lives, improve people's health, and grow the economy. moving forward, we as a country are extraordinarily fortunate to have a leader who places such a high value on science to unlock the mysteries of disease and discover new ways of overcoming them. but now we stand at the edge of another frontier in bio medicine and bio logical research which the president will describe in a moment. some m

. >>> when president obama unvails his budget proposal next wednesday we are hearing it will include cuts to social security and other entitlement programs. what president obama is hoping to achieve and what he has asked republicans to do in return. >>> gun control has inspired an ammunition buying frenzy. condition's governor sign into law tough new restrictions in response to the school shooting. since is then gun enthusiasts have been buying up guns and boxes of ammo. gun shops are running out. >>> this is video of the latest gun buy back held a couple weeks ago in santa clara county. next weeks buy back is being held at the south san francisco courthouse. they will offer to $100 for handguns and long guns. police would like all the weapons unloaded and in the trunk of cars. >>> proposed bill currently making its way to the state assembly would significantically change the -- significantly change the way red light cameras. another change though the owner of the car would be responsible to pay the ticket whether or not the owner was behind the wheel. >>> it is friday. it's 5:06 as w

. >>> when president obama unvails his budget proposal next wednesday we are hearing it will include cuts to social security and other entitlement programs. what president obama is hoping to achieve and what he has asked republicans to do in return. >>> gun control has inspired an ammunition buying frenzy. condition's governor sign into law tough new restrictions in response to the school shooting. since is then gun enthusiasts have been buying up guns and boxes of ammo. gun shops are running out. >>> this is video of the latest gun buy back held a couple weeks ago in santa clara county. next weeks buy back is being held at the south san francisco courthouse. they will offer to $100 for handguns and long guns. police would like all the weapons unloaded and in the trunk of cars. >>> proposed bill currently making its way to the state assembly would significantically change the -- significantly change the way red light cameras. another change though the owner of the car would be responsible to pay the ticket whether or not the owner was behind the wheel. >>> it is friday. it's 5:06 as w

president obama unvails his blueprint aiming at the wealthy and their success. lori: treasury secretary joins us on what the new taxes would do to this economy. melissa: lou dobbs on the president's plan to cap retirement savings. the government wants that too. lori: return to sender, the united states post office backtracking on cost savings plan. melissa: is the fed blowing a new housing bubble? ed pinto, chief credit officer at pinto, joins us with a warning call in today's wail westbound lane" -- today's "wall street journal" end-ed. the dow and s&p i hitting new intra-day highs. >> record, record, that is the day we are seeing here on wall street with the dow and s&p 5 # -- 500 hitting all time record high intradays here. the dow at -- the nasdaq at a multiyear high. the nasdaq up 1%, not quitting, traded as high as 14825. we got the fed minutes. obviously, that was a big deal showing the fed is ready to continue money printing and bond buying helping to keep markets alive. that's been supporting this market, also, look here at tech joints doing well. as we

it's official, in the next hour, president obama unvails the budget. here are a couple highlights.n to launch a network of manufacturing innovation institutes, 15 of them, across the country. next one. he's proposing a program to offer preschool to all 4-year-olds from medium to low income families. to pay for that, the president wants higher taxes. high taxes on cigarettes, that's part of the tax hiking program. finally, he wants even more money to keep funding high speed rail. all right. there is some bipartisanship here in that both parties actually hate this budget, so i don't know how much of this is actually going to pass. i'd say not much, charles. >> these budgets now have become more like trial balloons rather than legitimate -- you know, the gorks they should be rolling out with these, and, by the way, both sides of the aisle, i think would get closer to any would-be grand bargain. that's because so many changes with cpi and things like that. >> for social security cuts. >> for social security. stuart: bottom line, i don't think there's a grand bargain this time around, d

[applause] >> president obama is in washington today with meeting and events at the white house. this morning, he unvaileda hundred million dollar initiative to treat, cure, and prevent drain disorders alzheimer's and traumatic brain injury. his ri marks now on c-span.org. later, a meeting with the prime minister of singapore. one of the issues likely to come up, the threats from north korea. we'll hear more about that issue at today's white house briefing. other topics could include immigration legislation, reducing gun violence, and the president's budget proposal expected to be released next week. the briefing live on c-span2 in less than an hour from now. we'll have more live coverage here on c-span2. at 4:30 eastern, remarks from hank paulson, speaking about u.s.-china economic and environmental challenges at george washington university. at noon, a discussion about privacy concerns raised by the tsa's body scanning machines and enhanced patdowns at airports. >> we have to take back media, independent media is what will save us. the media are the most powerful institutions on earth, more powerful tha