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a i'm aishah hasnie. alex alexandria hoff from washington. >> the chinese foreign ministry has imposed unspecified sanctions on speaker pelosi and her family. while in tokyo yesterday, the speaker says that china's action are part of an effort to isolate taiwan and she said her trip did not change to the statues quo. and calling the exercise in the taiwan straits a grave problem and several missiles landed in japan's exclusion zone. here is antony blinken. >> since china has launched a dozen ballistic missiles, we've been hearing from partners and allies across the region who are inc...

Action he took and china has not helped very much, little bit but not so much. aishah: i want to switch to domestic issues especially because we are watching the senate right now possibly pass the massive spending bill. ambassador, you were the chairman of the finance committee when you served the joint committee on taxation as well which by the way republicans often point to to show that this spending bill is going to impact the middle class very much so. how do you see this? do you think that this 740 billion-dollar package is going to increase inflation? >> well, inflation really is the wor...

Citigroup including taking a bonus one day before a $301 billion bailout. >> thank you patti ann. stories you can bank on this morning. a stern warning from fitch credit rating agency about america's growing debt. lauren simonetti joins us with all of the details. wish i could start on a positive note it effects all americans it effects the interest rates, right? >> interest rates and the country's borrowing limits. they are warning automatic spending cuts that take effect tomorrow would not trigger a u.s. trade downgrade but a failure to raids a country's debt limit as you can see keeps growi...