can washington patch up the damage it has done? u.s. investors will be watching carefully. traditionally in downs like this, a smart, big investor says stocks are cheaper and jumps in. you might want to wait until you see such action before you make sufficient a move. shannon, back to you. >> shannon: now that the s&p has downgraded us we heard talk about how long it could take to earn back a aaa. that it may require severe choices and changes. what is the prospect for us possibly regaining that? >> it was a very, very dramatic move. i think the biased right now is to take it lower. i think it would take tremendous work by this committee to actually cut the debt. it might mean higher tax increases. that hasn't been said that is the other side of lower spending to raise taxes. that of course won't go over
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