| 00:00:04 | >> Bret: The government is
closing in on the debt limit.
|
| 00:00:07 | Why are all the power players
out of town?
|
| 00:00:09 | President obama gets a new
challenger, most famous for
support of legalized
marijuana.
|
| 00:00:14 | is putting a more
muscular eye in the sky over
libya.
|
| 00:00:18 | Live from our studio in
washington, this is "special
"
good evening.
|
| 00:00:25 | I'm bret baier.
|
| 00:00:26 | The clock is ticking down over
a possible political firestorm
whether to raise the
3 trillion federal debt
ceiling.
|
| 00:00:34 | The key figure in any
negotiations are all out of
washington.
|
| 00:00:37 | White house correspondent goal
goal reports on why there --
wendell goler reports on why
there seems to be little sense
of urgency over what is
supposed to be a major issue.
|
| 00:00:46 | >> With only three weeks
before the treasury secretary
says the government will run
out of money, president obama
is raising campaign cash and
talking about deficit
reduction out west.
|
| 00:00:55 | The speaker of the house is
charting the progress of the
wars in iraq and afghanistan.
|
| 00:00:59 | Senate majority leader harry
reid is in china
there is hardly anyone on
capitol hill except for
tourists and the halls of the
capital are mostly empty.
|
| 00:01:08 | Talks of blair house on
reducing the deficit won't
begin until next month but
democrats and republicans are
locking in their positions
right now.
|
| 00:01:15 | >> Just as ignoring deficits
would mortgage the future,
failing to invest in kids and
infrastructure and basic
research and clean energy
would be mortgaging our future
as well.
|
| 00:01:24 | >> Reporter: Earlier in
month, tim geithner told
congress the government could
be out of money may 16 but
warned the longer congress
fails to act, the more we we
risk investors here around
around the world will lose
confidence to ability to meet
our commitment and
"
some analysts say we may be
out of money sooner than
geithner thinks.
|
| 00:01:47 | The white house says failing
to act by july 8 would be
catastrophic.
|
| 00:01:51 | >> The consequences of failing
to raise the credit ceiling
would be armageddon like in
terms of the economy.
|
| 00:01:58 | >> Reporter: Some democrats
are pushing for a vote to
raise the debt ceiling without
agreement on the deficit
reduction, something even the
president rejected.
|
| 00:02:05 | House majority leader eric
cantor said in a statement
despite the wake-up call sent
by s&p this week, democrats
want a free pass to keep
spending money we don't have.
|
| 00:02:17 | Some republicans, including
texas congressman ron paul say
they won't vote to extend the
debt ceiling.
|
| 00:02:24 | The president says the two
parties are in sync on how
much to cut.
|
| 00:02:28 | >> General agreement on the
need to cut $4 trillion.
|
| 00:02:34 | Over the meetum term to hit
the targets.
|
| 00:02:37 | >> The aides concede "medium
term" is a dozen year as obama
sees it but only ten for
republicans.
|
| 00:02:44 | The white house downplays the
two-year time difference but
it means the the deficit would
be reduced under $10 trillion
4 trillion for
republicans based on the
congressional budget office
figures and independent
analysis as the republicans
and the democrats overstate
their savings by half a
trillion dollars.
|
| 00:03:04 | Bret?
|
| 00:03:05 | >> Bret: Wendell goler live
on a gorrous reno afternoon.
|
| 00:03:09 | Thank you.
|
| 00:03:10 | >>> Of course the national
debt will be a huge topic for
2012 campaign.
|
| 00:03:14 | You can add one more name to
the list of president obama
potential challengers.
|
| 00:03:20 | And molly lion tells us who is
it and where we are in the
race.
|
| 00:03:24 | >> Reporter: Relatively
unknown in a growing field of
white house hopefuls and best
known for the call to legalize
marijuana, the former governor
of new mexico gary johnson
says he is running for
president in 2012.
|
| 00:03:37 | Announcing in new hampshire
where he hope the libertarian
credentials will appeal to
voters.
|
| 00:03:43 | >> Everything should be
cost-benefit analysis.
|
| 00:03:45 | What are we spending the money
on and what are we getting for
money we're spending.
|
| 00:03:49 | >> Reporter: It's a tough
battlefield.
|
| 00:03:50 | Many of the competitors
showing impressive fundraising
prowess.
|
| 00:03:54 | >> President obama policies
failed.
|
| 00:03:56 | >> Reporter: When former
massachusetts governor mitt
romney ran in 2008 he
contributed tens of millions
to his campaign.
|
| 00:04:03 | His political action committee
helped in thar $9 million in
2010 and pulled in
9 million in the first
quarter of this year.
|
| 00:04:11 | While pac funds can't be
transferred in full to federal
campaign the big totals speak
to overall fundraising
strength.
|
| 00:04:18 | >> Thank you.
|
| 00:04:18 | Minnesota congresswoman and
tea party caucus chair michele
7 million
for her congressional
re-election fund.
|
| 00:04:27 | Half million for michelle pac
between january and end of
march.
|
| 00:04:32 | She says expect further word
on intention by june.
|
| 00:04:35 | Billionaire donald trump said
he is willing to put hundreds
of millions in his cash to a
possible run.
|
| 00:04:40 | Former speaker of the house
newt gingrich said he would
skip the exploratory committee
stage, but former governor tim
pawlenty and buddy romeer of
louisiana formed them.
|
| 00:04:51 | >> The only future that barack
obama is trying to win is his
own re-election.
|
| 00:04:55 | >> Sarah palin's political
action committee boasts close
to $1 million cash on hand but
she insists it's too early to
declare candidacy.
|
| 00:05:04 | Current fox news host and
former arkansas governor mike
huckabee has not ruled out a
run.
|
| 00:05:10 | My governor haley barbour
denied a rumor he was going to
announce he would not run.
|
| 00:05:14 | And rick santorum is "testing
"
president obama ambassador to
china, millionaire and
fiscally conservative john
huntsman resigned his post and
is likely to explore a bid for
the g.o.p. nomination.
|
| 00:05:29 | >> If it's a long drawn-out
primary battle, you spend all
of your money in february,
march, april.
|
| 00:05:35 | You may win the nomination
come april or may.
|
| 00:05:37 | But then you are out of money.
|
| 00:05:45 | >> Falling short of cash would
be significant advantage for
republicans.
|
| 00:05:49 | President obama is expected to
"
fox news brings the first
g.o.p. debate may 5.
|
| 00:05:55 | >> Bret: The countdown has
started.
|
| 00:05:57 | Thank you.
|
| 00:05:58 | Application for first-time
unemployment benefit dropped
13,000 last week.
|
| 00:06:01 | Decline came after a surge of
31,000 the week before.
|
| 00:06:05 | The dow gained 52-1/2 today.
|
| 00:06:07 | S&p 500 was up 7.
|
| 00:06:08 | The nasdaq finished ahead 18.
|
| 00:06:11 | President obama said today
justice department will look
for possible fraud or
manipulation in the oil
markets.
|
| 00:06:17 | That might be affecting
gasoline prices.
|
| 00:06:19 | He says the investigation will
include a look at the role of
traders and speculators.
|
| 00:06:25 | Attorney general eric holder
says there is to evidence so
far of unlawful price
manipulation.
|
| 00:06:30 | 03 of a
penny.
|
| 00:06:34 | Average is $3.84.
|
| 00:06:36 | Price of crude oil jumped
again.
|
| 00:06:38 | June futures added 84 cents to
close at $112.29 a barrel.
|
| 00:06:43 | >>> Major fight is brewing
over a new aircraft
manufacturerring plant in
south carolina.
|
| 00:06:48 | At issue is whether the
government should use the
power of law to tell a private
company where it can operate.
|
| 00:06:54 | And who it can hire.
|
| 00:06:56 | Fox business network
correspondent rich edson looks
at the specifics.
|
| 00:07:01 | >> What they are proposing is
to give unions a veto over the
right of any business to come
to a right to work state.
|
| 00:07:09 | We will not let that go
without a fight.
|
| 00:07:12 | >> Now boeing must fight to
build airplanes in south
carolina.
|
| 00:07:16 | 2009, The company announced it
would open a second production
line to construct some of the
787 dreamliner airplanes in
north charleston with nonunion
workers.
|
| 00:07:27 | Boeing will open the plant in
three months and hired more
than 1,000 employees.
|
| 00:07:31 | Now, that could be on hold.
|
| 00:07:33 | National labor relations board
says boeing's move in south
carolina violates federal
labor law.
|
| 00:07:40 | Wants the government to
require boeing to build the
second in washington state and
hire union workers to fill it.
|
| 00:07:47 | The complaint siding with the
international association of
machinist and aerospace
workers says boeing made
coercive statement to the
employees it would remove or
have removed work because
employees had struck.
|
| 00:07:59 | They without lose additional
work in the event of future
strikes.
|
| 00:08:02 | Boeing calls the charge
frivolous.
|
| 00:08:05 | South carolina officials say
the charges are political.
|
| 00:08:07 | Not practical.
|
| 00:08:09 | >> I would respectfully
encourage the president to get
his unelected bureaucrats off
the backs of our businesses,
off the back of our employee
and allow us to continue to
improve the economy.
|
| 00:08:21 | >> The white house official
says this is an independent
agency enforcement action.
|
| 00:08:24 | The white house does not get
involved in particular
enforcement hatters.
|
| 00:08:29 | President obama drew strong
criticism last year from
republicans and opposition
from some democrats when he
appointed craig becker, union
attorney to the national labor
relations board.
|
| 00:08:39 | Becker eventually rose to the
board through a recess
appointment.
|
| 00:08:42 | Becker and the board of three
democrats and one republican
may soon decide thefuture of
boeing in south carolina.
|
| 00:08:51 | >> If this dispute continues
beyond june appearance before
a judge it will go to full
national relations board.
|
| 00:08:56 | If there is still no
resolution, boeing and the
union would head to the
federal court system.
|
| 00:09:02 | >> Bret: Thanks.
|
| 00:09:03 | Federal aviation
administration says it fired
two air traffic controllers
for sleeping on the job.
|
| 00:09:08 | The agency says controller in
knoxville, tennessee,
deliberately slept five hours
despite attempts by a
co-worker to wake him in a
shift in february.
|
| 00:09:18 | One in miami found sleeping
early saturday morning.
|
| 00:09:21 | Meanwhile, the faa says the
controller involved in the
close call for airplane
carrying the first lady monday
will not be punished.
|
| 00:09:29 | >>> Tonight's grapevine might
keep you up at night,
especially if you have a
certain surname.
|
| 00:09:33 | Details later.
|
| 00:09:34 | Just ahead --
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|
| 00:12:48 | >> Bret: This is a fox news
alert.
|
| 00:12:49 | Multiple report from long-time
reporter john ralston say
republican senator john ensign
will resign friday.
|
| 00:12:58 | We're getting word that fox
news independently confirms
this.
|
| 00:13:02 | Ensign said he will not seek
re-election next year.
|
| 00:13:05 | He wanted to spare his family
from an ugly campaign that
would resurrect details of his
marty tall in -- marital
infidelity.
|
| 00:13:14 | Fox news is kwon firming he
will resign on -- confirming
he will resign on friday.
|
| 00:13:19 | Trying to get reaction from
his office now.
|
| 00:13:23 | Secretary of state hillary
clinton accused loyalists of
muammar gaddafi of using
cluster bombs on civilians.
|
| 00:13:28 | Libya denies it.
|
| 00:13:30 | is beefing
up the presence in the skies
over libya.
|
| 00:13:40 | Steve centanni explains.
|
| 00:13:42 | offered assurances
that it would only offer
support role to nato mission.
|
| 00:13:54 | >> The president said where he
has unique capabilities he
will use those and he approved
use of armed predators.
|
| 00:14:03 | >> The predators were used in
the early day of the libyan
campaign but mostly for
surveillance.
|
| 00:14:15 | >> Meantime, over a month
after the nato bombs began to
fall in libya, questions
intense over what they're
achieving and how quickly.
|
| 00:14:22 | >> I would remind you that the
united states and other
partners bombed targets if
serbia for 78 days.
|
| 00:14:34 | >> In libya, clinton is urging
patience.
|
| 00:14:36 | Even as britain, france and
italy are putting military
advisors on ground.
|
| 00:14:41 | Secretary gates firmly pointed
out those are european
trainers.
|
| 00:14:45 | >> They're not our boots on
the ground.
|
| 00:14:47 | >> This as the bodies of two
international photo
journalists, oscar nominated
photographer tim hetherington
and hondros were retrieved
from misurata.
|
| 00:15:00 | They were killed wednesday in
rocket-propelled grenades.
|
| 00:15:02 | The libyan government denies
responsibility for their
death, telling david lee
milner tripoli they only
operate defensively.
|
| 00:15:11 | >> If the journalists were in
an attacking group of armed
rebels maybe then they would
be hit.
|
| 00:15:16 | You know, by our forces.
|
| 00:15:18 | >> Today the secretary of
state acknowledged a growing
concern.
|
| 00:15:24 | >> There are even reports that
the gaddafi forces may have
used cluster bombs against
their own people.
|
| 00:15:35 | >> They use similar note of
uncertainty when asked how the
fighting in libya will turn
out.
|
| 00:15:40 | Secretary gates said nobody
knows and secretary clinton
said it's too soon to tell.
|
| 00:15:44 | >> Bret: Steve centanni live
from the pentagon.
|
| 00:15:46 | Thank you.
|
| 00:15:47 | >>> Judge in egypt ordered the
names of former president
hosni mubarak and his wife to
be removed from all public
facilities and I city tutions.
|
| 00:15:55 | It's the -- institutions.
|
| 00:15:57 | The lacest blow of mubarak's
legacy of 29 years in power.
|
| 00:16:00 | Forced from office in february
after mass protests.
|
| 00:16:11 | Back at home, security in
private levels is not prepared
for the growing level of cyber
attack.
|
| 00:16:17 | That is the message in a
disturbing report.
|
| 00:16:20 | Catherine herridge has
details.
|
| 00:16:21 | Good evening.
|
| 00:16:22 | >> Thank you.
|
| 00:16:23 | The new report by "it"
security firm and leading
think tank concludes that
cyber attacks on critical
infrastructure, including mass
transit, banks and power grid
are up.
|
| 00:16:33 | government and
private sector ability to
detect and deal with attacks
is not keeping pace.
|
| 00:16:39 | The report says, "two-fifths
of the "it" exectives
establish major incident
causing outage of 24 hours,
loss of life or failure of xen
in their sector within the
"
to show what a cyber attack
might look like, experts point
to northeast blackout in 2003
that wiped out power in eight
states of coursing 45 million
americans in the northeast and
midwest, as well as 10 million
people in canada.
|
| 00:17:05 | The aerial photos from the
air force showed the
impact of the outage.
|
| 00:17:09 | Before is on the left.
|
| 00:17:11 | After is on the right.
|
| 00:17:12 | Cyber attack not to blame,
study report that security
experts anticipate something
similar in the near future.
|
| 00:17:20 | Critical infrastructure owner
and operator report the
network and control system are
under repeated cyber attack
from high-level adversaries
like foreign nation of state.
|
| 00:17:30 | The vast majority of the
critical infrastructure is
held by the private company
not the government.
|
| 00:17:35 | Given the economic picture,
former secretary of the
homeland security michael
chertoff told fox companies
are facing tough choices.
|
| 00:17:41 | >> There is a real concern.
|
| 00:17:44 | Particularly top economic
period that until there is
some really bad event, many
people will delay or avoid
investment in cyber security.
|
