Page 62 - Abstraction News Today

How quickly the clock is ticking down to august 2nd. >> by august 2nd we run out of tools to make sure that all our bills are paid. so that is a concern of mine. and i want everybody to understand that this is a jobs issue. this is not an abstraction. if the united states government for the first time cannot pay its bills, if it defaults, then the consequences for the u.s. economy will be significant. and unpredictable. and that is not a good thing. >> the president insisted that a legislative d...

And i want everybody to understand that this is a jobs issue. this is not an abstraction. if the united states government for the first time cannot pay its bills, if it defaults, then the consequences for the u.s. economy will be significant. and unpredictable. and that is not a good thing. >> the president insisted that a legislative deal to raise the debt ceiling is necessary by august 2nd and legislation should include both spending cuts and tax revenue increases. he explained that he does no...

Would be destabilizing, a real thing not an abstraction, the president said, last week. theyre hopeful the two sides though its a small window, can come together on something. over the weekend, my colleague on capitol hill reported that boehner was saying the next several weeks will be fascinating. we can all agree there will be a lot to look at and watch out for. >> a short window and a fascinating one. an interesting point. well see what happens. but time certainly not on their side when you l...

Trying to make it not political, but about the healing that needs to take place there. >> no question about it. i mean, this is a town that as i said has more than a million people. but so many people feel its a tight-knit community. theres so much shock. people cant believe it happened here. thats something we always hear when we go cover big stories of terrible things that happened. theres always a sense of shock. and in some ways of loss of innocence. its not an abstraction. everyone feels th...