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Change plans to close up to 3700 low-revenue locations. postmaster general says the new plan will save half a billion dollars a year. mortgage giant fannie mae made almost $3 million in the first three months of this year. the first quarter in the black since mid-2008. fannie will not seek additional federal aid for now. it has already received $116 billion of your money. the most expensive bail-out of any company. stocks were down, s&p 500 lost nine. nasdaq closed 12 behind. next up, latest on the underwear bomb plot and increasing pressure on tsa. that brings us to tonight's text to vote que...

the man who admitted shooting him had been identified as hispanic or white hispanic. there's disputes over whether zimmerman used a racial slur when he called 911 after the shooting. but right now, the public has seen no definitive evidence that race played a role in this incident. still, that's not at all stopping all this rhetoric. you have a white supremist hacker claiming h he broke into trayvon martin's e-mails accounts and has evidence show heavyweight's a drug dealer. we're seeing more even more examples of this each and every day. there are so many people who see racial come ...

Barrel. something else is going on, the tax breaks will die sooner or later but if you are republican in the senate you do not want to give them away for free, you want to get something. what is coming not this year but perhaps next year, we will have corporate tax reform with the tax rates coming down, and a chit that the republicans can play saying the president will accept lower tax rates in exchange forgetting rid of the loopholes and corporate we so that is part of the chess game. next year. >>shepard: on the surface of it, the optics, what it looks like, they are not perfect. >>guest: it...

Charles frooed and lawrence silverman, big republican thinkers who said clearly this is within the commerce clause and that free writers do not have an impact on interstate commerce given they know they cost this country at least 116 billion a year, all of us $1,000 in premiums, seems to be a really hard circle to square given the previous supreme court precedence in this area. i think it is very much in play. >> john, i want to play a clip from just roberts at the hearing today on the mandate. take a listen to this. >> without the mandate the whole thing falls apart and we're going to bear gr...

attack. one person has been killed by gunfire in daraa. the group says three members of the government's security forces were also killed in clashes with army defectors. business leaders in los angeles is preparing to roll out the red carpet for the man expected to become china's next president. xi jinping arrives in california for a two-day visit hosted by state governor jerry brown. visit will include a tour of the port of los angeles, china shipping terminal, which is undergoing an upgrade as sign of u.s. trade continues to grow. those are the headlines from cnn, the world's...