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extreme maga republican effort to default on our debt, crash the economy. i m worried about the consequences of us not coming to terms and raising the debt ceiling. at this point, it s economic terrorism. my communications to them are, stand firm. there s no reason not to. stand firm. you have a white house that is not serious. republicans want to drive us over the cliff of default. it s idiotic for anybody to consider anything other than what we had. we will ride it out. neil: does that sound like progress? we ll see. both sides far apart as lawmakers race to cut a deal we re told a week away. this as fitch, the big ratings agency warns that a credit down grade could be in the cards and maybe soon regardless of how this works out. welcome, everybody. i m neil cavuto. so much to get to. let s get to it with chad pergram on capitol hill on where things stand right now. hi, chad. good afternoon. the move by fitch and the ratings arm of morning start caught t ....
Extreme maga republican effort to default on our debt, crash the economy. i m worried about the consequences of us not coming to terms and raising the debt ceiling. at this point, it s economic terrorism. my communications to them are, stand firm. there s no reason not to. stand firm. you have a white house that is not serious. republicans want to drive us over the cliff of default. it s idiotic for anybody to consider anything other than what we had. we will ride it out. neil: does that sound like progress? we ll see. both sides far apart as lawmakers race to cut a deal we re told a week away. this as fitch, the big ratings agency warns that a credit down grade could be in the cards and maybe soon regardless of how this works out. welcome, everybody. i m neil cavuto. so much to get to. ....
There has been a little stagnation in the economy, housing starts and so on. some people think this is just a deadline. the chair of the senate finance committee said to me yesterday, he said look this deadline is red-hot. there is a reason there are deadlines. if they are able to pull a rabbit out of a hat and maybe agree to spending cuts or an agreement to do it down the road you may see a favorable market reaction. you may not see a credit down grade from moody s and s&p and the other agencies that are watching this like a hawk. that s going to be the key. but history tells us that getting these spending cuts is very, very tough. i guess all deadlines are man made. before i let you go, you have been watching the players come in and out. it is a nuance they have called in staff level employees. it is not just the deal makers makers and those leaders around the table anymore. i remember when we were here on the weekend in september of 2008 when they ....
There has been a little stagnation in the economy, housing starts and so on. some people think this is just a deadline. the chair of the senate finance committee said to me yesterday, he said look this deadline is red-hot. there is a reason there are deadlines. if they are able to pull a rabbit out of a hat and maybe agree to spending cuts or an agreement to do it down the road you may see a favorable market reaction. you may not see a credit down grade from moody s and s&p and the other agencies that are watching this like a hawk. that s going to be the key. but history tells us that getting these spending cuts is very, very tough. i guess all deadlines are man made. before i let you go, you have been watching the players come in and out. it is a nuance they have called in staff level employees. it is not just the deal makers makers and those leaders around the table anymore. i remember when we were here on the weekend in september of 2008 when they ....
fired from constitution avenue, which is about 700 or 800 yards away from the white house, toward the white house, then fled in the vehicle, crashed the vehicle on an on ramp to a bridge that connects over to virginia and was seen running away on foot. they haven t conclusively linked those the bullets found here to that rifle, but that is their preliminary conclusion, brooke. athena jones for us at the white house. athena, thank you. next on reporter roulette, jean casarez live in university park, pennsylvania, more on the story there. jean, we are finally hearing from the man, its once-grad assistant, right, written up in that grand jury report now, assistant coach of penn state, taking a lot of heat in this scandal, assistant coach mike mcqueary, what is he saying in this e-mail? you know, mike mcqueary is such an important witness for this case and in allen up to, pennsylvania, the newspaper today, the morning call, has said that they have received an e-ma ....