What we have for you, bill oreilly, steve forbes, we have the 2015 escalade, its parked outside and theyre going to try to sell me one. We have the middle school that is banning tag at recess because of lawsuits . Weve got a lawyer on that, too. And 58 of you do know the want to raise the debt ceiling. Ha. Varney company is about to begin. We gave people a sticker and had them show us. We learned a lot of us have known someone whos lived well into their 90s. And thats a great thing. But even though were living longer, one thing that hasnt changed much is the official retirement age. The question is how do you make sure you have the money you need to enjoy all of these years. Remember this commercial from citizens against government waste . We remember it well. It looks like it might be coming true. China isnt laughing today. It holds our debt and flexing its muscle, giving a warningcone in order and do not default on your debt. Now, thats a sentiment that is not echoed by you, the vote
Congress will raise the debt ceiling by the october 17th deadline. Monday the dow fell 137 points the nasdaq lost 38 and the s p 15. Gold added 13 dollars and oil lost 71 cents. Treasury secretary jack lew is scheduled to testify on capitol hill thursday about the dangers of failing to increase the debt limit so the nation can pay its bills. And the madoff 5 go on trial today. The are 5 employees who worked in the Bernie Madoffs inner circle but are pleading not guilty some claim they were unaware of the multi billion dollar ponzi scheme. Jim richter of Performance Trust has his eyes on the bond market for us today. Good morning. Is the bond market on edge over this Government Shutdown . Or is it not that big of a deal. Good morning angie. I would say its not that big of a deal. Over the last week or so since the shutdown, bonds have rallied a little bit over the course of the last week but for the most part there has not been a whole lot of volatility in the bond market. What would yo
Look at this. Were going to get to that in a little bit. Right now, lets start with the wicked weather that slammed the east coast. It was at rush hour for several cities. From the top of the east coast to the bottom of the east coast. Ground stops at baltimore, washington, reagan, newark, la guardia. Let me show you this picture. We started getting tweets from all over the place. Can we put the picture up . Is that possible . I cant wait one more time. When we start getting tweets like this up and down the eastern seaboard, you take a front thats powerful enough to shift seasons, throw in tropical moisture, and its not going to end well. The entire east coast, from florida to maine, under a curtain of pounding rain, and treetoppling winds. It rained so hard here, you couldnt see nothing. Many in places like burgeon county, new jersey, with a quick but energypacked storm. Howling winds, snapping power lines. This one becomes a glowing fireball. It was as bad as ive ever seen. Reporter
Moderate delays. We have construction just after route 267 there near the dulles toll road on the inner loop. A tad bit of yellow between the dulles toll road and 16 of. A live shot of 270 shows us things are moving through maryland nicely. Things should be moving right along. Southbound there, you can see, you do have delayfree conditions at this time. Back over to scott and jummy. Thank you, amanda. We have breaking news coming into the newsroom right now. Officials at Prince Georges County on the scene searching what is left of the structure that was on fire. We will have an update in the next half hour. Now, new this morning, month gop recounty investigator Montgomery County investigators are trying to find out what started a fire that left people with nowhere to go. It started in a first floor apartment and it was heavily damaged. No reports of any injuries. In the day ahead, it could become easier to contest tickets you get in the district. City council will hear testimony about
Government shutdown. The senate will convene at 10 00 this morning and the house will get back to work at about 10 30. Republican aides say the house will attempt to pass mini funding bills. And some new details about what federal employees can expect as the shutdown drags on. Richard jordan is live with more. Reporter aaron, federal workers are taking a big hit. Just about anyone coming down through the National Mall is going to see some changes. A lot of roads are blocked leading to the big attractions. All the monuments and even if you do get past the roadblocks, all youre going to find are gates like these that are closed. Even a padlock there to keep it locked up tight. Now the rule of thumb is if its a typically a free attraction, a free museum like the smithsonian or the national zoo, that will be closed. If its something you have to pay for, you should expect that will be open. But youll definitely want to do a little research, go online to make sure if you are heading out to o