Dont Make Structural News Today : Breaking News, Live Updates & Top Stories | Vimarsana

End of the timeline because this is what people are saying. if we miss that august 2nd deadline, whether a fake deadline or not, at some point in the month of august, one government check will not go out. don't know which one but somebody does not get a check. at that moment we are downgrading. america losses financial reputation. and that will happen and you say to what? >>guest: it will happen. we don't know what and when it will happen. what we know is, our credit will be downgraded if we do two things: if we default and we dent know when that will be, we will also be downgraded if we raise...

At that moment we are downgrading. america losses financial reputation. and that will happen and you say to what? >>guest: it will happen. we don't know what and when it will happen. what we know is, our credit will be downgraded if we do two things: if we default and we dent know when that will be, we will also be downgraded if we raised the debt ceiling and don't make structural spending reforms. and, again, our cut, cap and balance plan that we passed last night, is the only one that meets that criteria, so, look, not august 2 end, we have to make sure if it is another week, two weeks, thre...