Page 39 - Borrowing Limit News Today

[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] here we go. The committee will come to order. On january 27, 1838, a young state legislator named Abraham Lincoln spoke before a gathering in springfield, illinois. At the time, america was a deeply divided nation. Lincoln warned that the g...

We will see you here tomorrow morning at 7 00 a. M. For tomorrows washington journal. [captions Copyright National cable satellite corp. 2013] [captioning performed by national captioning institute] it is day 14 of the Government Shutdown and both chambers of congress are in session later today after a rare week meeting for both bodies. No agreement has been reached to reopen the government and raise the debt limit. The House Chamber will gaveling at noon eastern for morning hour, 2 00 legislati...

A cliff and if we keep walking in that direction, very soon, we will fall off. We may fall off on october 16 or october 17 or are over 25 or november 1 but we will fall off. The most interesting the most important point is we dont know which day we will fall off. The markets are somewhat mystical. They can come to the view that the u. S. Will default and anticipate that and treasuries go down in value and Interest Rates go up much of our Financial System freezes and we are back where we were in ...

Is a very reasonable people here in congress. There are many who want to do what is right. There are many who want to Work Together to conduct the business of our nation. I would say to them in all my colleagues, now is the time. Now its time for for congress to stop fighting battles. Now is the time for congress to come together to do what is right for the nation and now is the time for congress to come together and fulfill americas financial obligations. I began my remarks and i thought approp...

The president feels the heat. A shutdown retreat. Stocks rally on debt default jack lew threatens armageddon. Yes, its a fastmoving situation. About half the furloughed workers are back on the job. The benefit from death denial, and world war ii grand canyon shut out. Republican propose a fix, they go to the white house with plan and the wall street journal talks about stocks going straight up. Moments ago, jack lew stokes the fear of default. As of now were inspecting a big gain for stocks. Big...

Nicole this is one of those markets with a lot of anticipation. Every focuses on the fiscal cliff. Tomorrow is the allimportant jobs report for a lot of folks have been hearing more Economic News which has been more dismal lately. Talk about more layoffs they have seen in november. Right now the market is not too far off the unchanged line. The acidity holding 1400. The tech of the nasdaq still below 3000. Today apple is now moving into the green and that is one of the reasons why it is holding ...

There has been a minority that is held up the ability to go to a budget conference. Quite frankly, the majority needs to speak at some point. Im not talking about democrats or republicans. Im talking about a majority in this body that needs to speak to stop this kind of craziness. Lets get down to real life. Agriculture is pretty big and oklahoma pretty big in oklahoma. Operating loans are a pretty ommon thing. If we default, can you tell me what the impact will be on somebody going to get a oan...

Our systems were not designed to not pay our bills. The legal issues are many. I do not know how you could make the legal issues are many. I do not know how you could make the decisions and i do not think the legal authorities are clear at all and i do not think the administrative process would permit the system to work. We write roughly 80 million checks per month. The systems are automated tube a because for 224 years, the policy of congress and every president is we pay our bills. You cannot ...

Radiation levels and disposal of contaminated soil are key to restoring the environment. He brought an iaea team to japan four years ago before fullscale decontamination work began around fukushima daiichi. Experts advised to work on areas with higher radiation levels first, rather than try to clean up all areas. They said that would generate unnecessarily large volumes of tainted soil. The team plans to submit another report to the government next monday. The Nuclear Accident also dumped radioa...

Ridiculous the way we kind of lost, i think, our bearings on what economics is. Another thing thats burning me about verybodys talking backing the american dollars. What i was taught when i was in college is that the goods and services that a country produces is what backs the currency. If youre not producing anything, you havent got any backing. Alan you said youre a farmer. What do you grow . Farmer rancher. Wheat and corn and alfalfa hay. And thats another thing, we have a direct payment that...