Is Phil Angelides Ready for Late-Night TV?

Action-movie star Arnold Schwarzenegger announced his candidacy on Jay Leno's Tonight Show, and tonight he'll be back to share a few jokes--at a crucial moment in his campaign for re-election. His Democratic opponent, Phil Angelides, wants equal time, but NBC claims he's not entitled. Just a month before the election, the incident dramatizes how crucial television can be in a modern election. In California, the biggest media state of all, most candidates can't even afford it.