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The committee will come back to order. I want to thank our witnesses for being here today, and i think we will move into the questions and answer period. Im going to reserve my question time and i will go to mr. Brady. You all recognized for five minutes. Thank you, mr. Chairman. And a thank you for all of those who are here. Your testimony is very helpful. One, clearly america will pay its debt. That is made clear by republicans and democrats in congress. We always have, and i hope that those who choose to be melodramatic about it can say to gain political advantage, if you would please stop, that would be helpful. Secondly, there is absolutely no chance the president s request to have a permanent, unlimited debt ceiling will kerr. This is constitutional will poker. As we have seen in the past its also been a helpful tool not only on checks and balances but to enact spending reforms and restraints that can be helpful, although in my view have not been helpful as they have in the past.
United-statesArkansasIraqGermanyColorado-springsColoradoFloridaChinaCaliforniaPennsylvaniaTorontoOntarioIts just dumb and its going to hurt. Reporter for most of the country, the impact wont be felt until april. Thats when air Traffic Controllers will have to take one day off every two weeks. When civilian employees of the pentagon will be forced to take off one unpaid day every week. The navy legendary blue angels will be grounded, cancelling 28 upcoming air shows. During the campaign, the president flatly declared the cuts would never take place. It will not happen. Reporter but today he said there was really nothing he could do to stop them. I am not a dictator. Im the president. Somehow, even though most people agree im being reasonable, that most people agree im presenting a fair deal, the fact that they dont take it, means that i should somehow do a jedi mind meld with these folks and convince them to do whats right. Reporter in case you thought congress couldnt get any less productive, the cuts will force the closures of some entrances at the capitol building, making it harder for
New-yorkUnited-statesFloridaPhoenixArizonaHoustonTexasNorth-koreaPolandFranceChicagoIllinoisHere thirtieth on t w. Four. And on demand. Pass language courses. Video and audio. Media center. A south African Court rules for the extradition of an ex finance minister from mozambique to the us where he is wanted on charges related to a shoot billion dollars debt scandal. Zimbabwe takes another tack in getting its white farmers back by enticing them with a little compensation. And the worst blackouts in years plunged south africa into darkness just weeks before an election. Lets do business its one of the biggest financial scandals to hit the poor african state of mozambique billions of dollars worth of loans allegedly signed off by a former finance minister manual chang a south African Court has paved the way for his extradition to the u. S. To face trial which could end up implicating other senior members of mozambique spooling party. Mozambiques former finance minister has been in detention since december twenty nine arrested during a stopover in south africa but a Johannesburg
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