In Washington Jobs, in Los Angeles Possible Layoffs

A worst-case budget plan could mean 8000 layoffs at the LA Unified School District.  Also, there's a new voice at City Hall, and life is going to be different in the City of Vernon.  On our rebroadcast of today's To the Point, the TARP bailout will cost $200 billion less than expected, and President Obama wants the money to help create jobs. Republicans want it to pay down the deficit. We hear about the President's plans and their prospects.