FBC Markets Now October 14, 2013
Meeting of the congressional principles. President obama continuing his pressure saying at a food pantry we stand a good chance of defaulting. Still trying to figure this out on the leadership side. The next step appears to be the budget negotiation. When the markets look at where we are, it is not so much the fact that we have not approved the debt ceiling increase, it is that we dont have a credible solution to deal with our longterm debt and spending. Rich the problem is republicans are looking to keep what is known as the sequester in place. Democrats want to undo the cuts. They want to re...
Source: archive.org