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Officials in Fargo, North Dakota are desperately trying to save six thousand homes threatened by the swollen Red River. They need more than a million sandbags to stop the flooding. So far just over 300 thousand have been filled. The river is expected to crest this week at about 40-feet. Flood stage is above 17-feet. Forecasters say more rain is expected over the next several days.
The shuttle "Discovery" astronauts are preparing this morning for their third and final spacewalk scheduled to begin at 11:43 am Eastern time this morning. Two "Discovery" astronauts will try to fix an equipment storage platform that jammed and couldn't be deployed.
At 12:30 pm Eastern President Obama will make the case for investments in clean energy and new technology which are included in his budget. You can see the President's remarks live on CNN or online at CNN.Com/live.
At 8:45 am Eastern the Obama administration will unveil its plan to rid struggling banks of the toxic loans that keep them from lending. Under the proposed plan the government would partner with private investors to buy up an estimated trillion dollars in troubled assets.
At 11:30 am Eastern lawyers for R&B singer Chris Brown have a date in court. They'll be meeting with the judge in Brown's assault case. Brown is not expected to attend. Brown is charged with two felonies for the alleged assault on his pop star girlfriend, Rihanna, last month.
Scientists keeping a very close eye on alaska's mount redoubt volcano. Since late yesterday the volcano has erupted three times. So far no cities have reported any ash fall. The 10-thousand foot peak is about 100 miles soutwest of anchorage.