Cate Vojdik
AC360° Writer

At 8 p.m. eastern, President Obama will give his second prime-time news conference since taking office. His aides are calling it a progress report on the economy. Mister Obama will also use the time to pitch his $3.6 trillion budget, which he released last month.

CNN will have full live coverage of the press conference, and afterward on AC360, we’ll dig deeper with the best political and financial team on television.

We’ll also have more reporting on Mexico’s escalating battle against drug cartels. Homeland Security Secretary Janet Napolitano today unveiled a $700 million plan to help Mexico in its fight to stop drug cartel violence. The plan includes a U.S. crackdown on the flow of weapons and money into Mexico. Hundreds of additional agents from the U.S. departments of Justice, Treasury and Homeland Security will be assigned to the border with Mexico.

The new plan comes on the eve of a series of visits to Mexico by three Obama administration cabinet members, starting tomorrow with Secretary of State Hillary Clinton. Drug-related violence is already spilling over into the United States. Tomorrow and Thursday, Anderson will report live from the front lines of the battle - in south Texas near the border.

Tonight, Michael Ware brings us another update on Mexico. He’s recently returned from Juarez, a city caught in the cross-fire of the drug cartel wars.

See you at 10 p.m. eastern.