Company on thursd, president obamcongress that raising the debt ceilings urgent and nonnegotiable. To demand somet ransom in exchange for keeping the government running. You dont get to demand ransom in exchange for keeping the economy running. Ransosom get to demand for doing your most basic job. Congress passed the debt ceiling in 1917. The problem . Congress decides how much money is spent, so the law limits the government possibility to pay its debt. Is davis warns that it countries like china that now own a good portion of f u. S. Det through bonds. You pay china off before you pay off your Social Security recipients. Defaults, the Treasury Department warnrns the credit markets could freeze. The value of the dollar could plummet and Interest Rates could skyrocket. Washington business later say that congress should rein in debt say that congress should rein in debt. We need to put in plans in ththe fure to get is rolved. In the Greater Washington area we are taking a h hit. Theusin
Their whereabouts. They started the Yellow Ribbon campaign. Tonight there will be a vigil to pray for their safe return soon. We will have more on that in all of these new developments at 11 00. Live in clarksburg, roz plater, abc 7 news. Right now in Prince Georges county, detectives are on the street, looking for new clues in a sexual assault. A live picture from quincy street in bladensburg. Detectives are canvassing the area. Somewhat attacked a woman monday night as she walked on a wooded trail. A new also released composite sketch of the suspect. He is described as between 40 and 50 years of age, about five foot 10, tall, with black and gray facial hair. We will have more on the search tonight on abc 7 news at 11 00. Of more than a dozen u. S. Senators is calling on the nfl to toughen penalties against players connected to Domestic Violence. This comes days after that video showed former ravens running back ray rice punching his fiancee inside an elevator. Rebecca cooper is in ou
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