Page 47 - Borrowing Authority News Today

Are a function of the debt limit increase deal. if you remember, the president didnt want any cuts attached to that. he wanted a clean debt ceiling. he wanted no spending attached to it. he fought it until the end. forced to take it and run out of borrowing authority. so he had to swallow it. now he is ultimately the veto because the supercommittee failed. interesting. >> shannon: we know that senators mccain and graham are among those on the hill working on legislation to reroute some of the de...

can pass it in the next day or two and avert the first default on our national debt in history. >> i am worried about the size of defense cuts that may be contemplated, but that doesnt mean im therefore rejecting the agreement. im just worried. >> this is a head scratcher. stocks take a tumble after the debt relief rally that happened earlier this morning. the dow surged more than 120 points, but a weak manufacturing report, just sanction the market. stocks posting the worst weekly per...

also, you may not know the story of the monford point marines. the men who integrated mat reenz yooms. welcome to the men and women serving us in uniform and thank you for being here and what you do. lets talk about three important deadlines that we are keeping an eye on today in this whole debt ceiling debate. a vote is scheduled this afternoon in the senate on majority leader harry reids plan. thats the vote that was supposed to take place overnight but it was delayed in the even...

now, we are standing by to here about two hikers held in iran. and then you will hear from the men who sin tau grated the marines. hello, i am t. j. holmes, and thank you for spending part of your sunday with us. this is what were keeping an eye on today in the debt debate. 1:00 eastern time, that is when a vote is scheduled in the senate on majority leader harry reids plan. that was the vote that was supposed to take place overnight but it was delayed late into the evening. listen...

this reid plan sometime this afternoon. expected to vote it down. it will be just a demonstration that the reid plan as is is not going to pass the house of representatives. meanwhile, the question is, whats going to happen in the senate, were there any meetings? no meetings scheduled among the leadersh leadership, a top republican leadership aide telling me mitch mcconnell doesnt want to meet with the democrats unless a representative from the white house is involved because the democ...

treatment for responders who got sick after 9/11. last night at a town hall in new york, from us at a tiustrated cs sounded off about what happened to them after the dust settled. >> i want to show you something. sometimes i have to eat through this tube because the muscles in my neck dont work to swallow. i breathe and talk through this tube. and im the lucky one. >> a public appearance today by the hotel maid who accuses dominique strauss-kahn of sexual assault. ded dialnafissatou di...

could make or break the debt crisis and i know youre saying ive heard this before. but here is the deal today. lawmakers are not mincing words. less than five days to raise the debt ceiling or risk defaulting on government bills. today the house is due to vote on speaker john boehners plan. as his own party holds the majority of votes he is really getting frustrated with the divisions that threaten its passage. in a closed door meeting, boehner actually told the feuding republicans, qu...

spending cuts in ten years. reid would hike the debt by $2.7 trillion now and mandate an equal amount of cuts. but the congressional budget office says the boehner plan would trim spending by $850 billion, and the reid plan by $2.2 trillion. boehner went back to the board and postponed the vote that was supposed to happen today. reids plan cant pass the house, and not only is boehners plan doomed in the senate, a great many house republicans dont like it either. so what happens now? we...

countrys coveted aaa credit rating could be compromised. the unpresence dented consequences for all of us. and why some lawmakers argue the looming august 2 deadline isnt the armageddon the president says it is. im wolf blitzer. youre in "the situation room." were only five days away from what could lead to unprecedented default in the united states if the political sparring between our elected officials here in washington doesnt stop. and we cant emphasize enough how devastating the r...

one of us is in his 50s. and the other isnt, ladies. >> tonight youre on my show, mr. lopez. old man. well see what happens, shall we? is it a good thing being single at 50? or is it fraught with pit falls and potholes? >> well, im 50. so i think im fraught with pit falls and potholes. if you look at my face, im a little indian. a little sanjay gupta but then a little mexican as well. ill not native-american enough to get a casino but do i black out when i drink occasionally. >> good e...