Battle over the budget, every clock in washington is ticking towards the first government default in u. S. History. Every clock but this one. The ohio clock, as it is known, has stood in the senate for two centuries, but it stopped because the people who wind it have been furloughed by the Government Shutdown. That shutdown started nine days ago when republicans in the house refused to fund the government unless they could roll back obamacare. Next week, the government will not be able to borrow enough money to pay its bills unless Congress Raises the socalled debt ceiling. These two crisis the shutdown and the debt ceiling were discussed at the white house late today by the president and republican leaders. We have reports from both ends of pennsylvania avenue. Were going to go first to Major Garrett at the white house. Major, the meeting just broke up. Whats happened . Reporter well, scott, this is a very, very fluid situation. White house aides are scrambling at this moment to put t
Good evening and its great to have you with us here on a sunday night. And we begin tonight with those two daring raids by u. S. Special forces on two separate targets in africa. In somalia, against the notorious al shabaab group, linked to that kenyan mall attack. The other Mission Carried out in libya, where one of the most wanted al qaeda masterminds in the world was taken into custody. He is known as abu anas al libi. Indited in u. S. Federal court for the bombings of two u. S. em basils in africa in 1998. For years now, there has been a 5 million reward out for his capture. This evening, we are inside the terror raids with new details of just how the American Special forces carried them out. Abcs chief investigative correspondent brian ross here in a moment. But we begin with our chief Global Affairs correspondent Martha Raddatz tonight. Martha, good evening. Reporter good evening, david. What is remarkable is that these raids, 3,000 miles apart, were carried out nearly simultaneo
Exactly what that means would be projecting after 224 years of the history paying all of our bills what happens if we stop paying all our bills. The senate has just now joined the house, voting to approve the pentagon paying death benefits during the shutdown despite the lack of appropriations. Now, will the president sign that legislation . Well, when did they all know about the benefits freeze . You wont believe what the pentagon had warned days before the shutdown. Good day, im Andrea Michelle in washington where Speaker Boehner is expected to walk into the white house this afternoon with a shortterm solution to avoid defaulting on our national debt. But we are still nowhere near a solution to opening the federal government. Texas congressman chairs the committee and will be at the white house meeting. Thank you, congressman for joining us, mr. Chairman, is this a good solution getting around the debt ceiling problem on a shortterm basis but leaving the government closed . Well, wha
This is the cbs evening news with scott pelley. Pelley good evening. It is now 14 days and counting for the Government Shutdown. Tthree days and counting to a possible government default. Tonight there are signs of Real Progress toward ending this stalemate. Senate leaders have been meeting on and off all day and appear to be near an agreement that could reopen the government and raise the governments Borrowing Limit the socalled debt ceiling, so that it can pay its bills. But they are not there quite yet and with the threat of default still hanging over america, we have a team of correspondents looking at where the talks stand how we got here, and what might happen if the government cant pay all its bills. First well go to nancy cordes at the capitol. Nancy, whats new today . Reporter well, scott, Senate Leaders are putting the finishing touches tonight on a deal that would fund the government for the next three months and raise the debt ceiling for four months, just a short time ago
Captioning sponsored by cbs this is the cbs evening news with scott pelley. This is a special western edition. A warning flare streaked across washington this evening. The Credit Rating agency fitch says that it is reviewing americas stellar a. A. A. Credit rating and may downgrade it. This because of the budget siege in washington which is only deepening tonight. It was just 24 hours ago, Senate Leaders boasted tremendous progress on a deal to reopen the government and allow uncle sam to borrow money to pay his bills. But today in a surprise, House Republicans rushed out a new proposal that included rollbacks in obamacare which is what led to the Government Shutdown in the first place. Then late today the republicans called off even that vote. So here is where we stand the country is in the 15th day of the shutdown and, more important the day after tomorrow the government loses the ability to borrow money and it could start defaulting on its debts sometime after that. We have a team o