KQED Nightly Business Report October 8, 2013
Good evening, it is day seven of the Government Shutdown. And no signs that the United States is getting any closer to avoiding the first default in the nations history. There are no scheduled talks between democrats and republicans. There are no votes scheduled in congress, and both sides appear to be digging in for a long fight. But president obama said today he would accept a shortterm increase in the nations Borrowing Capacity in order to avert a catastrophe, but he also said both sides need to come to the table. Were not going to negotiate to the threat of hurting middle class and america...