once again, the g.o.p. fold and the democrats gold taking them to task for pushing the fiscal showdown to the brink only to relent in the end. despite immense opposition from leader mcconnell and members of congress, we have gotten together and pulled our country back from the cliff s edge that republicans tried to push us over. a good old fashion scolding from the senate majority leader chuck schumer accusing the g.o.p. of creating a debt ceiling problems that need not have existed. the new yorkers indignant coming after 11 senate republican joined democrats to end the filibuster so today s vote could go forward. 5248. the motion to concur with the amendment the two month patch overcoming g.o.p. hesitation 61-38. i then passed all democratic votes 50-48.
looking ahead mostly, maybe a little bit looking back, but wants to go on now that this temporary deal has been worked out, keeps the government open at least until mid january, avoids any debt ceiling problems, at least until early february. let s see what the president has to say. we ll have live coverage of that coming up. he is supposed to start in a couple of minutes. joining us from the heritage foundation, the director of the heritage foundation s margaret thatcher center for freedom. among republicans, we know the heritage foundation is a conservative think tank here in washington. who emerges, a name or two, as the big winner among republicans and who emerges as the big loser among republicans? well, let me say this first, wolf. this deal that was negotiated last night isn t a good deal for the united states or the american people. it doesn t do anything at all to address the catastrophic debt situation. and the united states, frankly, is a superpower on the prec
wide-ranging better view. and growing likelihood israel could attack iran s nuclear sites anytime in the next few months. that chilling prospect is only the latest stunning statement by leon panetta. why is she speaking so freely? i m wolf blitzer. you re in the situation room. it s been a long time since economists have sounded so giddy about jobs, but they re cheering, showing nearly a quarter of a million jobs, 243,000 were added in january, far more than expect ed the dow jones industrials just closed, up more than 150 points to reach its highest level in almost four years. the nasdaq reached a peak it hasn t seen in more than 11 years, but that doesn t mean is the economic picture is suddenly all rosy. let s go live to dan lothian, he s looking at all of this. dan? reporter: that s right. the white house has cautious optimism. for the past few years we ve been talking about high unemployment numbers, now 8.3%. behind these numb imperils are real people. they aren
bank, their equivalent of ben bernanke gave a speech had morning and they said their economic growth is slowing, and traders took it as a note to say things are more serious than we thought. you combine that with the fact that the japanese central bank intervened to prop the yen up, and there s a fear that everybody is doing badly and nobody is there to pick up the slack. basically is that what is happening. money is coming out of the stocks. when you see that happening, it comes out of commodities or gold. people are taking their money out of the stock market and gold, and oil, and this is the jitters of people taking their money out and putting it in their mattresses. and let s bring in the assistant editor of a financial magazine. a drop in two weeks, and why is the fear taking hold right now? i think a lot of it today is what ali said, the turmoil in europe that is suddenly worse than we thought. there was a feeling the ecb was going to rescue things and that went up