Page 2 - Borrowing Ability News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Their fear of borrowing is unicorn. >> it's true you can go back and obama is frequently cited by republicans voting against raising the debt ceiling in 2006. democrats were never in the past and even republicans were never trying to stage this show down where it was anything more than a symbolic vote and not using it for leverage. when you hear mitch mcconnell talking like that, is this healthy to use the debt ceiling this way? >> i understand the point that congress has the power of the purse under our system and it's their authority to raise the debt ceiling or not. i'm also of the view you...

Photographs. they were all destroyed in the fire at his home. he has no photos. no family. the other man convicted in this case, john steven hayes is on dth row for his role in the crime. when we hear from the jury we'll get back to you. jon: nobody knows how long it will take. >> true. jon: rick, thank you. jenna: to some business news now. s&p is issuing another warning this morning on the creditworthiness of europe. this comes as european leaders meet this week to try to resolve the spreading debt crisis. there are new fears of about a potential break up of eurozone, dissolution of euro and...

country's coveted aaa credit rating could be compromised. the unpresence dented consequences for all of us. and why some lawmakers argue the looming august 2 deadline isn't the armageddon the president says it is. i'm wolf blitzer. you're in "the situation room." we're only five days away from what could lead to unprecedented default in the united states if the political sparring between our elected officials here in washington doesn't stop. and we can't emphasize enough how devastating the repercussions could be, not only here, but indeed around the world. interest rates could go up...

There is a larger fund, $150 billion. nobody in the financial sector thinks that a $50 billion amount, and originally senator corkan and i suggested something in the neighborhood of 20, 25 was going to be enough to resolve a whole series of firms that might be going down simultaneously. this is really a chance to buy a little bit of time and not have taxpayers exposed. there's different ways to get at this. there's a way to create a trust that could be funded through the industry. there's a way to kind of cut it back and give the fdic borrowing ability a little quicker. what we'd like to hear ...

Nation's borrowing ability to nor 22nd, a firm date in exchange they want talks about the budget and a short time ago we got this reaction from the white house press secretary. >> the president strongly prefers a longer term resolution so that we can get away from this. if there is a record so that we can't default. why is there an implication that we keep the nuclear weapon in your back pocket? >> house speaker john boehner made this announcement. >> so what we want to do is offer the president today the ability to move a temporary increase in the debt ceiling in agreement to go to conference...