MSM: fat baby vs. Panetta

We'll take a look at the ongoing standoff over the debt ceiling and a deficit reduction plan. Then, could the News of the World scandal lead to the end of Rupert Murdoch's media empire? Also, we'll speak to Radley Balko, who says that Caylee's Law – which would punish parents with a felony for not reporting a missing child within 24 hours, or a child's death within 1 hour – is a bad idea. And then it’s time for Happy Hour.