Page 4 - Borrowing Cap News Today

Dow jones now up by 37 points or so. also, major story today, youve got bills to pay. youve reached your borrowing debt, right? your limit. you can ask your lender raise the limit or default on some of your bills. that is the situation today that is facing the country because its the day that the u.s. debt reaches its legal limit. but congress is still fighting over raising the borrowing cap. i want to bring in christine romans to explain this. shes with our money team. explain what were talki...

path through louisianas cajun country. >> were fortunate that were have what we have, we havent an opportunity to get out. material things we can replace. our family and what we believe in daily, just cant put prices on that. >> did you put up the sign? >> yeah, i put it up, im proud of that sign. its just what we say, we will be back. >> almost a week after the mississippi crested in memphis, the river remains 11 feet above flood stage. president obama is in memphis today to get a loo...

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