Google CEO Eric Schmidt says the release of the company's new cell phone, the Samsung Galaxy Nexus, will close the technology gap with Apple and its iPhone. "It's more secure, it's faster" than iPhone, Schmidt told CNN's Erin Burnett. "Today the iPhone has more applications, but we're quickly surpassing them."
The new phone goes on sale Thursday–the same day Erin Burnett OutFront airs an extended interview with Schmidt. It's the first time a news program has toured the Google offices in New York. The interview airs on CNN at 7 p.m. and 11 p.m. ET.
In an interview on CNN's Erin Burnett OutFront, Sen. Kent Conrad reacted to the Democrats' decision to drop demands for a surtax on millionaires, saying "I think we are" moving toward a lasting agreement.
The payroll tax cut is set to expire December 31st should Congress not reach a deal to extend the cut.
On CNN's Erin Burnett OutFront, John Avlon broke down the Political Play of the Day: jump ball. In swing states, President Obama faces a strong challenge that could determine the fate of the 2012 election.