Tuesday February 19, 2013 Happening Now

President Obama is expected to speak on the sequester cuts at 10:45am today.. We'll take those comments live. We'll also hear from two men who've been leaders on budget matters in Washington for years - Erskine Bowles and former Wyoming Senator Alan Simpson. They've come up with a plan to reduce the debt and deficits.

1045EST -- The president makes remarks on the sequester in the South Court Auditorium (POOL LIVE)

...1130EST -- Press briefing with Press Secy Jay Carney. LIVE

The New York Times breaking news today. In a new report, it suggests there is a growing body of evidence that China's military is directly behind a growing number of cyber attacks on the United States. Many of the computer attacks come from a building on the outskirts of Shanghai according to the Times. The Chinese are attacking our military, prominent companies, organizations and even individuals. China has dismissed the charges as "groundless."

The United States now putting "for sale" signs on drones. In a first, a U.S. contractor is selling $200M worth of drones to the United Arab Emirates. Jennifer Griffin reporting.

Drew Peterson is expected to be sentenced today for up to 60 years behind bars for the murder of Kathleen Savio. Steve Brown reporting.

The Jodi Arias trial resumes in Phoenix. She's accused of stabbing her boyfriend more than 27 times. She says it was self-defense. She's back on the stand today.

South African Olympian Oscar Pistorius charged with premeditated murder for allegedly killing his model girlfriend. Prosecutors today saying Pistorius shot the 29-year-old Reeva Steenkamp four times through the bathroom door of his home in Pretoria.

U.S. gas prices at a four month high. Adam Housley on that.

The U.S. Coast Guard says the cause of the engine room fire that disabled the Carnival cruise ship "Triumph," and left the giant ship without power or working bathrooms for five days was a leak in a fuel oil line.

There was a brazen diamond heist in Belgium. Police hunting for eight men who drove onto the tarmac of Brussels International Airport and stole $50 million worth of diamonds off a plane.

Clint Henderson is the Executive Producer for “Happening Now” and an avid traveler. Follow his adventures on Twitter, ClintPHenderson, and Instagram, clintpage1.