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Sting. last week the president asserted that privilege to keep the justice department from having to hand over certain documents. the goal of fast and furious was said to be tracking weapons to high level arms traffickers the feds failed to track some of those weapons and the two of them ended up at the scene of a shootout that killed border patrol agent brian terry. the house oversight committee has been demanding more information about the. today darrell issa sent a letter to the white house, criticizing the president's use of executive privilege. keep in mind, all this comes as the full hou...

>> shepard: we have just gotten words from the jury jerry sandusky sexual molestation trial has come back from dinner and deliberating into the night. we're on verdict-watch. we'll keep you update on new developments through the this hour and throughout the evening. first of all the parents of brian terry are accusing the white house with a coverup of the fast and furious gun sting. that operation was designed to track weapons to high level arms traffickers. the feds failed to track two of those weapons two of which ended up at the shootout killed border patrol agent. president has exerted exe...

that it is on the right track. merkel reaffirmed her confidence. we expect to hear from president obama about the drop in the jobless rate just minutes from now. the president is also going to be outlining a plan to upgrade buildings, make them more energy efficient. the administration says it will create tens of thousands of construction jobs. the president speaking about 11:10 eastern. we'll take you there live. senators trying to figure out a compromise today to extend the payroll tax cut in 2012. here's what happened. a senate blocked both democratic and republican plans last...

new york, i'm christine romans. carol has the morning off this morning. here are the morning's top stories for you. herman cain heading home to atlanta today, and he says the decision about whether to continue his campaign could come by monday at the latest. it's a decision that could be in his wife's hands after another woman accused cain of having a 13-year affair. with a $1,000 tax hike looming, congress can't get it done. the senate defeating competing payroll tax cut bills, one from republicans and one backed by the president. president obama warning that failure could deal ...

with president obama and the first family, but he's with me this hour to explain more. i'm wolf blitzer. you're in "the situation room." he's come on through the rise and fall of michele bachmann, but this time, it might be different for mitt romney. newt gingrich is now posing a threat to romney's persistent high polling, opening up a new battle line in the republican race for the white house. joe johns the working the story for us. what's the latest between romney and gingrich? >> well, mitt romney has spent most of this campaign in a fairly comfortable position, but his organiza...