Transcripts for CNN To Be Announced 20131010 07:33:00 : vima

CNN To Be Announced October 10, 2013 07:33:00

a short time and then we'll start to negotiate. i want to disagree with my friend, robert reich, on a number of things, the polls show, yeah, they blame the republican party but they also blame the democrats. and the spread is really only about ten points. also obama's points are coming down, a breathtaking decline, in fact, one of them was just a cnn poll. so i don't think it has a thing to do with it. i want to make another point. this is community or not. the united states is nowhere close to defaulting on treasury bonds, i just want to make that point clear, not even close. >> just answer me one question -- robert, let me ask one question, let me clarify one point. does a failure to deal with the debt ceiling on that particular day when it comes up, does that automatically cause america to default? >> no, of course not. it is a constant flow process, on average, i can't give you

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