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you are linking their inflation target to the pce. the pce is the thing americans do not kw what it is. did they do know what the cip is. can you explain in layman's terms why they should not worry too much when inflation -- if the cpi is different than the pce? the second question is related to the targeted one. the fed has been vague in terms of what sort of inflation it would accept. criticism of the federal reserve and the institution itself has been so intense. there are people out there if you are going to say the federal reserve just admitted it. how are you going to respond to those people? the answer the question about the pce. >> we chose the pc index for is some valid technical reasons. it better accounts for changes in people's purchasing patterns. people will tend to move to other types of goods and services when things get too expensive. that is not accounted for by the cpi. the pce includes all health- care costs, and not just out of pocket costs. that has two benefits. one iss it reduces the s-- it reduces the share as

i mean, wh, wouldn't want a pce of that? geico. ah... fifteen minutes could save you fifteen percent oh dear... or more on car insurance. >> new at 6:00, bringing awareness to the issue of human trafficking. >> can be found in all modes of travel and transport. today, homeland security investigators went to bwi third marshall international airport. pamela brown is looking at how human trafficking can lead to a devastating results. >> this is a common route for travelers, but it is a pipeline for their victims according to the homeland security investigation. >> you hear about children from thailand and indonesia, so it's surprising to hear. the >> this map shows some of the hot spots, they are right that -- bribed after arriving. >> it generally starts right away. >> it happens every single day. >> this moment is one of thousands of victims who walked out the door of a local airport and into their world of sex slavery. >> they said i stopped making money they would sell me. >> dacey all of the victims traveling through, and even more at

. >> iide the pce? y'all still in there? >> yeah.d some pie fight and we were iividlly breakg into roochls parately. i broke into this supervisor's room. i saw a spend et piano and almost closed the door. thank god sething above sd go bkn the door, idio i bent over to the pian i knew when hit it that that s what i would do the rest of my life. every op of blood in the cl of my bodcould tel me that. i would play after school, played t ba, horn, pickhorn, french horn, tro bones. i could be up front with the majorettes in the marching band. reallyanted to play trumpet. i finally got to trumt. >> most people can't span that range likeou do. you do everything from jazto symphony orchestra. is that thing that somebody mentored you to do? no, no, no. in a wa ray did. in seattle, during the '40 y had t play everything from jesh weddings, bar mitzvs and strippers and the black clubs. we played everything. i am glad of that sa za, by souza. th lady i went with, who was the men f for stravinsky, leonard bernstein, i studied wh her in paris for

tests revealed slightly elevated levels of a common, but toxic dry cleaning chemical, pce. >> what'soing to happen to our children? >> reporter: parents showed up at another meeting in october to confront the chancellor. >> i first have to say dennis woolcot, how dare you. >> how dare you. >> reporter: the chancellor dismissed the test results at the new school as insignificant. >> there was an open container and once that was corrected the levels came back down and things were fine. >> reporter: parents like marisol no longer trust the school system. >> what's the plan? >> we're going to watch him consistently. any little thing that he gets is going to be an alarm for me. he's 8 years old and it's scary that i have to see what's going to happen with him. i pray that nothing is going to come of this. but you just don't know. >> another thing i learned in doing this story, as many as one in three schools have air quality so bad, it can cause breathing problems. sometimes there are rules to protect kids. it's just those rules aren't always enforced. in new york city, for example, it's

20:29)they sent us a new contract stattng that if innfact anything that happennd to he roof besides pce... now.....two ears later...... (22:51)beecareful right heee this is weak.......the damage is still there.....(23:09)the and reelaced.....even the childrens center......gone..... (24:55)they say rev franklin when are you gonna open up..... he says.....beforr thee plizzarr of 2010......this church.....was saaehaven forr those running from trouble......seven days a &pweek....(25:43)by not being most.to do that hurts me the i spoke with the insurance scottsdale arizona.... just a few hhurs ago... to discuss this issue... a spokeperson says.....it is not the company's policy to share information about it pooicy holders.... & former... governor ...bob ehrlich.../ useed../ 168... thousand dollars.../ campaagn... money .../ áátooá pay... for.../ a... defense attorney ...// ááforáá paul schurick's... fraud trial. trial.the... were utlined... / ii... a... campaignnfinance report.../ by.../ the... "bob ehrlich"... maryland commiitee...///. was connicted.../ for...// authorizing...// robo-calls

they had a common but toxic dry-cleaning chemical, pce. >> what are will happen to our children? >> parents showed up at another meeting in october to confront the chancellor. >> i first have to say dennis walcott, how dare you! >> they dismissed the test results as insignificant. >> there was an open container. once that was corrected they came back out. >> parents no longer trust the school system. >> what are you going to do? >> watch them consistently. any little thing he gets is going to be an alarm for me. he is 8 years old and it's scary. i have to see what's going to happen. i pray nothing will come of this, but you don't know. >> about a third of the schools have some kind of problem that causes respiratory problems in children. it is horrific. when i grow up, i want to fix up old houses. ♪ [ woman ] when i grow up, i want to take him on his first flight. i want to run a marathon. i'm going to own my own restaurant. when i grow up, i'm going to start a band. [ female announcer ] at aarp we believe you're never done growing. thanks, mom. i just want to get my car back. [

20:29)they sent us a new contract stattng that if innfact anything that happennd to he roof besides pcenow.....two ears later...... (22:51)beecareful right heee this is weak.......the damage is still there.....(23:09)the and reelaced.....even the childrens center......gone..... (24:55)they say rev franklin when are you gonna open up..... he says.....beforr thee plizzarr of 2010......this church.....was saaehaven forr those running from trouble......seven days a &pweek....(25:43)by not being most.to do that hurts me the i spoke with the insurance scottsdale arizona.... just a few hhurs ago... to discuss this issue... a spokeperson says.....it is not the company's policy to share information about it pooicy holders.... & former... governor ...bob ehrlich.../ useed../ 168... thousand dollars.../ campaagn... money .../ áátooá pay... for.../ a... defense attorney ...// ááforáá paul schurick's... fraud trial. trial.the... were utlined... / ii... a... campaignnfinance report.../ by.../ the... "bob ehrlich"... maryland commiitee...///. was connicted.../ for...// authorizing...// robo-calls .../

safe levels of lead, 110 times the acceptable level of mercury and 10,000 times of safe levelses for pce. the problem could date back to 1991. >> the goal is to make sure they don't continue and to clean up what's there. >> reporter: 300,000 automobiles are demolished here every year. the company says it's taking the steps to preserve the safety of the bay. this sailing instructor has a business at the marina just up the road. >> we like to think that environment we use to swim are safe to use and clean. >> reporter: now sims has to come up with a clean up plan to prevent fines. reporting live in the port of redwood city, maureen naylor. >>> president obama today descended on what has become a frequent problem. the president reminded americans about the environmental problems that existed before the agency was set up 40 years ago. >>> the year before president nixon created the epa. the river was so dirty from industrial pollution and oil slicks that it literally caught on fire. thank you. >> the president also said the u.s. does not have to choose between having clean air and water and

tests revealed slightly elevated level of a common but toxic dry cleaning chemical, pce.howed up at another meeting in october to confront the chancellor. >> i first have to say dennis wolcott, how dare you? >> reporter: the chancellor dismissed the results at the new school as insignificant. >> there was an open container and so once that was corrected, the levels came back down. it was fine. >> reporter: but parents like marisol no longer trust the school system. what are you going to do? what's the plan? >> i'm just going to watch him consistently. any little thing that he gets is going to be an alarm for me. he's 8 years old and it's scary and i have to see what's going to happen with him. i pray that nothing's going to come of this but you just don't know. >> reporter: when he come back -- >> about a third of our schools have some kind of problem that causes respiratory problems in children. it is horrific. man: my eltrill s king ban this team of guinea pigs to ty bo so to save some y, d inea pig: row...row. they genatectry, wch le me rf t. guinea pig: row...row.took

romney's commanding 20-point lead in new hampshire, the other gop candidates are battling for second pce in the first presidential primary, just two days away. live in the granite state, as the candidates prepare to face off for the last time before new hampshire voters head to the polls. >>> speaking out. the father of the missing toddler in maine talks about his daughter was injured in his care, and why it took him so long to get involved in searching for her. >>> dramatic rescue what started out with a day of fishing ended with two fathers and their sons holding on for dear life. they'll share details of their harrowing experience on today, sunday, january 8, 2012. 6 captions paid for by nbc-universal television >>> good morning. welcome to "today" on a sunday morning. i'm lester holt. >> i'm jenna wolfe. i spent last night flipping back between the football game and the debate. i don't know which had harder knocks. >> one point i watched romney was third down and three. >> no, i'm pretty sure you had it exactly right. >> drama on both channels last night. republican candidates are pr

imrtant wheou have job to really manage you carr and ma se you're being promoted and going i pces in left, ii goo apply f a job shou issume the emplo h lookedt m facebook pagnd soogled me? >> defini dswe have all idit.you have do not he eed cup out there. very nscis. by t way, if a negat sry isut you on google, iis a realitut y need e prared to address that. >> gdd information for the 14 million people out t lking a job. the book i "you need leader now at we're back aft your local news. >>> 8:56 right now. i'm laura garcia-cannon. walnut creek police arrested nine people sunday after another night of violence. around 1:30, pless say they arrested two men after a fight at parking garage on locust. late, police were called to nearby hubcaps diner, two groups were challenging each other to a fight. leaders are talking about a crackdown on late-night business downtown to prevent for fights. >>> let's get a check of the forecast with meteorologist christina loren. >> good morning to you. good morning to you at home. we've got another george out day shaping up. we'll see more cloud cover t

at the same time, the united states will play -- pce a premium in maintaini our military presence andthe outer middle east. the united states and their partners must remain capable of deterring and defeating aggression while supporting political progress and reform. third, the united states will continue to strengthen its key alliances, to build partnerships and to develop innovative ways to sustain u.s. presence elsewhere in the world. a long history of close political and military cooperation with our european allies and partners will be critical to addressing the challenges of the 21st century. we will invest in a the shared capabilities and responsibilities of nato, are our most effective military alliance. th u.s. military's force posture in europe will, of necessity, continue to adapt and evolve to meet new challenges and opportunities, particularly in light of security needs of the continent relative to the emerging strategic ironies that we face elsewhere. we are committed to sustaining a presence that will meet our article v commitments, deter aggression, and the u.s. militar