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night. it's still being crafted as we speak. some of the pieces are coming into focus tonight. so is the bottom line, which is growing from earlier estimates. that's certainly welcome news for democrats who say the president's been too timid and the economy need a big dose of medici medicine. at the same time the larger the price tag the tougher it may be to get through congress. even though the white house says it will offset the cost of a jobs plan with savings elsewhere in the budget. chief whos correspondent jesse allen has been working her sources. what is the latest? what's goi...

both of you. >> thank you, kyra. we start in texas. exhausted fire crews are battling an enemy is astonishing and relentless wildfires burning somewhere in the state for nearly ten months without any break. today is the 296th consecutive day of work for those firefighters. just in the last week, 120,000 acres have burned. more than 700 homes have burned since sunday and then near austin, a blaze has killed two more people raising the overall death toll to four. jim spelman is in bsatrop near the largest fire in the state. are crews making any progress at this hour? >> good morning....

the president will lay out a speech to the nation, and democratic sources are telling us that it calls for $300 billion in tax break, incentives and other spending offset by an equal amount of budget cuts. this is being described as a major make-or-break moment for the president. we will discuss it along with mitt romney's competing plan that he unveiled today, but first on the phone, chief white house correspondent jessica yellin with the details. jessica, this $300 billion figure, and what are the detailing of it? >> hi, anderson. with people in discussions with the white house con...

anything but a holiday for americans reeling from extreme weather. lee is weakening to a tropical depression, but still a massive rain maker that could make travel across much of the country a nightmare. storms' winds have helped fuel wildfires in central texas. at this hour, a thousand homes are in danger near austin. and later today, hurricane katia will unleash its first impact on the east coast. we're tracking this storm and tell you where that's headed in a moment. first, we want to begin with the flooding rains pounding the gulf coast since lee made la landfall in louisia...

we're just getting the information in. that means that the players vote will happen later today in more of a formal setting. training camp could start as early as wednesday now, we've been told. david mattingly has been following this for us. he has been live out of atlanta every day, at least he was last week when those negotiations were taking place. david, did you just get word that something came forward just moments ago? >> reporter: reading and finding out now is that the nfl players and the owners did come to an agreement in the wee hours of the morning. and, bottom line, they...