Detailed text transcripts for TV channel - CNN - 20101201:14

Detailed text transcripts for TV channel - CNN - 20101201:14:42:00

we haven't learned about that until today. you see the news story? take a look. >> it's been a november full of bumps and bruises for the white house. president obama is sporting 12 stitches in the lip after being hit by aer rant elbow in a pickup basketball game. the president was seen in a window with an ice pack on his lip. the man that elbowed him has been unavailable for comment. well, state governments are facing huge budget gaps and could mean cuts in services for you. senior political editor mark preston talking about that with us at the cnnpolitics.com desk. hey, mark. >> hey, good morning, kyra. we talk about washington and tightening the belts. also happening in the states. there's a new story on cnnmoney.com that talks about what the budget gap is, $41 billion next year. we expect states to have a budget gap. that is huge and it's big

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