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they bear the name of his predecessor. president obama is seizing the bush tax cutted and calling for them to be extend, but not for everyone. the president wants to let them expire for the wealthiest americans. that puts him at odds with congressional republicans, as well as his rival mitt romney and sets the stage for a very heated battle with less than four months to go before the election. our white house correspondent brianna keilar is covering this for us. first of all, why is the president doing this today? >> reporter: well, wolf, this is certainly part of his narrative that ...

Operation fast and furious. executive privilege. contempt of congress and accu e accusations of a white house coverup. [ male announcer ] what if you had thermal night-vision goggles, like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering, web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 w...

factory floor -- asia -- has fewer things to manufacture. china, an economy second in size only to that of the united states, or of europe, has slowed. india has slowed, too. that means more than 2 billion people in the fastest growing nations in the world are buying less. this is one big storm. what is america doing about this storm? well, we've got umbrellas. what we need are hurricane shelters. but you can't go out and build an economic hurricane shelter yourself. that's something you need help with. government help. congress, for instance, could help stave off the effects of the ...

sandusky until just this week. as the trial was going on, he apparently approached prosecutors and told them that his adopted father did molest him. jason carroll, cnn contributor and sarah gannon. jason, if matt sandusky's claims was known by the prosecution, why didn't they call him to testify? >> well, i think it's a good question. i think there's a question in terms of whether or not his testimony would have been admissible, for one reason, jerry sandusky is not charged with sexually abusing his son. i can tell you this. think of this scenario. let's say for example jerry sandusk...