Page 18 - Debt Ceiling Issue News Today

Points today, closing at 14,776. it was well over 15,000 already. whats your assessment if theres no resolution of this debt ceiling issue in the next few days? can we anticipate further declines? >> absolutely. the problem is the financial market, although they think the armageddon scenario where we actually default on our debt and stop government payments is not the most likely outcome, its possible but not probable, they have to start pricing in the risk. they also have to start dealing with ...

Threat if republicans dont get 100 percent of their way they will either shut down the government or they are going to default on americas debt. so america for first time in history does not pay its bills. >> republicans say they want to negotiate. they are going through the process of trying to fund specific parts of the government even though the president says he will veto any such efforts. >> if we take care of vital government priorities this week and going forward we negotiate a compromise...

House unanimously. just feast your eyes and dont get used to it. less hopeful news, no signs that either side is bundling over the shutdown or the debt ceiling issue. were now ten days away of the governments default on its bills and obligations. just listen to what john boehner told abc about a clean or unconditional debt ceiling increase. >> we are not going to pass a clean debt limit increase. i told the president, theres no way were going to pass. the votes are not in the house to pass a cle...

Then the idea hes not willing to negotiate, he says im perfectly willing to negotiate after the threat -- the shutdown threat and debt ceiling issue is there. trying to sort of shift the rhetoric so it isnt all about, which republicans are trying to frame it, hey, the president wont negotiate, the president trying to push back on that talking point. im more than willing to negotiate just not under these preconditions that republicans want. i think its notable you see a different tone and a littl...

$50 million to minimum $50 million a day. >> no question. you are not saving money. it is costing more money. on the debt ceiling issue, rarely do you get a clean debt ceiling. the president has to deal on that and they node to talk and figure out what to do. >> does boehner figure out what he wants. that keeps changing. >> if you talk not in public, you dont announce meetings and you go back and forth. i think there will be enough frustrated republicans at this point that you will be able to ge...

The bigger worry the debt ceiling and you know what, investors arent too sweet on his idea, because the debt ceiling issue is a bigger deal than the shutdown, because if the u.s. cant pay its bills, that could cause interest rates to skyrocket, the market could tank. new york senator chuck schumer just on "new day" with chris cuomo says the markets will not react very well even before the actual debt ceiling date. listen. >> if the markets think we havent solved this problem on a given day and t...

As we told you, the market is opened just a few minutes ago. at last check, the dow was done about 140 points. >> reporter: its looking a little better. youre sighing stocks bounce off their lows. this is wall street giving washington a little bit of a nudge, saying listen up. this is just a taste of what can happen if you dont get your act together. what wall street is really focusing on is the debt ceiling issue. its a bigger deal. and thats coming in about a week and a half. whats worrying in...

World leader if we cant get our own fiscal house in order? i talked to business owners back from abroad, they said were being laughed at by folks overseas while were trying to lead the way economically and foreign affairs and cant get our own house in order. kind of embarrassing. >> i want to go to the floor. speaker boehner is at the mike. >> im sorry. >> just getting word he just walked away. nothing monumental right there from boehner as of yet. how do you think this will all come to an end? ...

Weekend and into early next week. the time is now to work on both of these issues and i really wish that more of the parties were involved in actually give and take. its going to take a little give and take on the part of democrats and republicans on the hill, but also the president is going to have to be involved in this. >> what do you think the final result will be? what is the right willing to accept if negotiations really do come to pass? >> well, i think, first of all, the house republican...

Government. but boehner also told his rank and file friday the president must negotiate, give in on something to chip away at the countrys debt. his message to you all is im not rolling over on the debt ceiling? >> yes, he actually used that term. were going to continue to use the debt ceiling as a tool, as a leverage point, to require both sides to come to the table and to negotiate for whats best for america. >> reporter: its really unclear how that debt ceiling issue is going to be resolved, ...