çç >> brown: and spencer michels has an encore report on a san francisco art exhibit that's drawingcrowds. that's all ahead on tonight's newshour.çç major funding for the pbs newshour has been provided by: >> oil companies have changed my country.ç >? oil companiea difference. >> we have the chance to build the economy. >> create jobs, keep people healthy, and improve schools. >> ...and our communities. >> in angola chevron helps train engineers, teachers and farmersç it's not just good business. >> i'm hopeful about my country's future. >> it's my country's future. çç >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive lifeç and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation forçç public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: congress headed today toward votes on a long- sought agreement to prevent a national default. it called for reducing deficits and rais

. >> brown: spencer michels reports on steep budget cuts and tuition hikes at california's state colleges. >> the universities are trying to maintain their reputations and their class schedules, but they're having a hard time. >> lehrer: ruth marcus and michael gerson analyze the week's news. >> brown: and we close with a look back at an extraordinary moment in history, 20 years ago today, that led to the end of the soviet union. >> lehrer: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: ♪ ♪ ♪ ♪ ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> well, the best companies are driven by new ideas. >> our future depends on new ideas. we spend billions on advanced technologies. >> it's all about investing in the future. >> we can find new energy-- more cleaner, safer and smarter. >> collaborating with the best in the field. >> chevron works with the smartest people at leading universities and tech companies. >> and yet, it's really basic. >> it's paying off every day. and by the alfred p. sloan foundation. supporting sci

. >> brown: and spencer michels offers an inside look at how one of the biggest investors in the u.s.-- california's 'public employee retirement fund is navigating the volatile market. >> you look at the portfolio and you decide what steps need to be taken. but there's no need to panic. there's no need to get overly emotional. >> suarez: then, we examine the obama adminstration's new tough stance on syria calling for president assad to step down and imposing more sanctions. >> brown: we get the latest on the deadly attacks in israel by palestinian gunmen and the retaliation by the israeli military. >> suarez: and judy woodruff explores the rapid rise in poverty levels among american children with patrick mccarthy of the annie e. casey foundation. >> those kids who fell into poverty in fact were less likely to graduate from school, more likely to have school problems, more likely to have educational difficulty and even health was affected over the long term. >> brown: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: >> auto companies ma

and on "art beat," spencer michels visits a revival of gertrude stein's avant garde opera, "four saints in three acts" in san francisco. all that and more is on our web site, newshour.pbs.org. jeff. >> brown: and that's the newshour for tonight. on wednesday, we look at egypt six months after the revolution in tahrir square. i'm jeffrey brown. >> woodruff: and i'm judy woodruff. we'll see you online, and again here tomorrow evening. thank you and good night. major funding for the pbs newshour has been provided by: chevron. we may have more in common than you think. >> and by bnsf railway. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org ow! of course. thank you. i'd call

spencer sits on a republican side with three declared presidential candidates. ron paul, michele bachman and thaddeus mccarter. they have primary in their caucus. the committee's work is challenging and important and we are grateful to the people who are here to help us figure it told a story about how the committee was formed and michael oxley had a major role and ron told the old joke, the jokes that have seniority much was the members about people taking michael oxley and sarbanes but as i told mike john dingell -- john dingell -- he credits mike with having divided the committee. that is where we are. is an extraordinarily interesting committee. it is a combination of some of the most difficult political issues that we have and some of the most complex intellectual. the financial situation is a very hard thing to do. it is complicated right now by the fact the we have some ideological differences but spencer is right that it does not get in the way of personal relationships and we do work to try and reach agreement. we will try doing it on others. in this end all of us would