AC360° Senior Producer
Anderson presents his show live from Hofstra University in Long Island, NY as he continues his USA road trip bringing you stories about how the economy is affecting Americans in different pockets of the country.
You will hear about college bargain hunting- are more parents and students setting their sights on state schools vs. private schools, given the former are less pricey? That said, state schools may be seeing their budgets cut too these days, and are scholarships and financial aid tougher to come by?
President Obama continues his road trip to California. He’ll hold a town hall meeting later this afternoon with Governor Arnold Schwarzenegger in attendance, pushing his plans to overhaul health care, energy and education. You can bet he’ll continue to get questions about AIG too.
He has been defending his administration’s handling of the controversy over millions in bonuses paid by insurance giant which received billions in bailout money. The big surprise came from Connecticut Senator Chris Dodd though, who told our CNN political unit that he was responsible for language added to the federal stimulus bill to make sure that already-existing contracts for bonuses at companies receiving federal bailout money were honored. What’s that about? We’ll follow this story tonight.
Good news from the Fed, which says it’s injecting one trillion dollars into the economy by buying up treasury bonds and mortgage securities that is pushing mortgage rates lower. It could be good news for those trying to buy a house or looking to re-finance, and Ali will explain.
Ali sits down with Treasury Secretary Geithner later, and given all the above, it should be a very interesting chit chat!
Gary Tuchman has a story cooking on The New Frugality: the rich are curbing their spending, the middle class is eating canned soup, the poor are counting pennies—this economy has everyone tightening their belts across the spectrum in what is the biggest consumer economy in the world.
We have all this and more, see you at 10pet.
Anderson Cooper goes beyond the headlines to tell stories from many points of view, so you can make up your own mind about the news. Tune in weeknights at 8 and 10 ET on CNN.
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