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the outside world with william cohen. it is a new day hopefully a far safer one for sunlts at a los angeles school at the center of a shobi ishocking child abu n scandal. they were greeted with an entirely new staff. the whole staff was replaced after the arrest of at least two teachers accused of committing lewd acts with students. eight alleged victims are expected to announce the first lawsuits in that case. president obama is let'sing states off the hook when it comes to the no child left behind law. the president is expected to announce this hour that he's freeing ten states...

good evening. i'm erin burnett, and outfront tonight, a burning question for mitt romney. today, he got an endorsement from donald trump, and he was all smiles, but another day has gone by without an answer to a crucial question. does he think he should pay more taxes. here are his returns from 2009 and estimated for 2009 and estimated for 2010 and 11. it turns out that 30% of mitt romney's income, $12.9 million, comes from one very specific thing, in these tax years, 2010 and 2011. it's called the carry. and here is how it works. partners in private equity and hedge funds invest mon...

from donald trump. he was all smiles, but another day has gone by without an answer to a crucial question. does mitt think we should pay more taxes? here are his returns. sorry, this is unwieldy. for 2009 and estimated for 2010 and '11. it turns out that 30% of mitt romney's income, $12.9 million comes from one very specific thing. in these tax years, 2010 and 2011. it's calling the carry. here's how it works. partners in private equity and hedge funds invest money for their clintss and clients and get a significant cut of the profits they make. this cut is taxed at 15%. not 35% like...

-- captions by vitac -- www.vitac.com good evening, everyone. "outfront" tonight, a burning question for mitt romney. today, he got an endorsement from donald trump. he was all smiles, but another day has gone by without an answer to a crucial question. does mitt think we should pay more taxes? here are his returns. sorry, this is unwieldy. for 2009 and estimated for 2010 and '11. it turns out that 30% of mitt romney's income, $12.9 million comes from one very specific thing. in these tax years, 2010 and 2011. it's calling the carry. here's how it works. partners in private equity ...

$200 billion for efficiency, then cut a modernization program from each service. this $487 billion is on top of that and that contributes to the risk. you put your finger on the number one risk, reduction of our ground forces. frankly we have done this after world war ii, korea, vietnam and soviet union and the planners we have now are betting on the fact we will not have a ground war of consequence in the near future. the problem is that the dod planners that existed in the previous 40, 50 years were dead wrong and with when found ourselves in significant ground wars. we went through this wit...