long. welcome everybody. welcome to early start. i m ashleigh banfield. good morning. i m alina cho bringing the news from a to c. so weird. we have the alphabet all mixed up. anger, sadness and overwhelming shame at penn state. a scathing report conducted by a former director of the fbi, leaving the school and its legendary coaches shattered. saying joe paterno and top university officials not only hid but empowered a child predator in jerry sandusky. the outrage is spreading so quickly there are calls to tear down a statue of paterno that stands youds of beaver stadium. will more criminal charges be coming? susan candiotti is live in philadelphia this morning. susan, good morning to you. reporter: good morning. yes, you re right. former fbi director lewis freeh laid the blame at the feet of four top penn state officials leaving jerry sandusky free rein to abuse children over the course of almost 15 years. our most saddening and sobering finding is the total disreg
downgrade the nation s credit even if a deal is reached. even if a deal is reached. it s a aaa, nearly as good as cash or gold and has been almost from the begin. losing that status would raise interest rates for all of us, make mortgages cost more, stifle the economy, possibly trigger a run on the dollar. tonight, president obama restated his desire for a deal that includes tax increases on wealthier americans as well as spending cuts. he cited statistics appealing to bipartisanship and invoked the words of ronald reagan and also acknowledged how sharply divided washington is while trying to channel a bipartisan frustration among americans for what goes on in washington. take a look. i realize that a lot of the new members of congress and i don t see eye to eye on many issues. but we were each elected by some of the same americans for some of the we were each elected by some of the same americans for the same reasons. yes, many want government to start living within its
good evening everyone. breaking news, president obama s primetime call for a deal to end the debt crisis and house speaker john boehner s response. the speech is coming with two competing proposals on the table. one from senate democrats and the other from house republicans, neither of which is looking very likely to pass. meantime, seven days until the government runs out of money and rating agencies are threatening to downgrade the nation s credit even if a deal is reached. even if a deal is reached they may downgrade the credit. it s triple-a, that s nearly as good as cash or gold and has been almost from the beginning. losing that status would raise interest rates for all of us and make mortgages cost more, stifle the economy and possibly trigger a run on the dollar. tonight president obama restated his desire for a deal that includes tax increases on wealthier americans as well as spending cuts. in doing so he cited statistics talking about bipartisan and invoked the wor
he cited statistics appealing to bipartisanship and invoked the words of ronald reagan and also acknowledged how sharply divided washington is while trying to channel a bipartisan frustration among americans for what goes on in washington. take a look. i realize that a lot of the new members of congress and i don t see eye to eye on many issues. but we were each elected by some of the same americans for some of the same reasons. yes, many want government to start living within its means, and many are fed up with a system in which the debt seems stacked against middle class americans in favor of the wealthiest few. but do you know what people are fed up with most of all? they re fed up with a town where compromise has become a dirty word. they work all day long, many of them scraping by, just to put the american people might have voted that they didn t vote for a dysfunctional government. i am asking you to make your voice heard. if you want a balanced approach to reduci