loved ones in crashes of cars included in the recall and apologized to them but the question of cost remain. a house report finds one possible reason gm chose not to act on the faulty switch sooner was, according to gm documents quote, tooling costs and piece price are too high. what does that mean? i find that statement to be very disturbing as we do this investigation and understand it in the context of the whole timeline. if that was the reason the decision was made that is unacceptable. how does gm balance cost and safety? we don t. today if there s a safety issue we take action. reporter: when you look back to 2005 gm was already starting to struggle financially, it was at junk bond status and some question whether or not gm s financial state played into the decision not to order recall. we re definitely moving into a culture that s focused on the consumer, that s focused on the customer, focused on high
against republicans, including the newly nominated republican, rauner, and support groups including labor unions. the labor unions have been putting a whole bunch of money, been upset, and they re actually challenging the overhaul in court, a claim that the law violates the state s constitution, they say, and the pension benefits may not be diminished or impaired. meanwhile, the state s economy continues to suffer. moody s investor services has put chicago three levels above junk bond status, the lowest credit rating of any major city outside of detroit. the state of illinois fares worse. moody s has given it the lowest credit rating of any state in the country. joining me now, governor of illinois, pat quinn. good morning to you, sir. good morning, chuck. how you doing? i m okay. let s start with this credit rating issue. you ve done this pension overhaul that was politically pretty painful for you, especially on the democratic side of the aisle.
we re already discussing among ourselves how we can begin our meetings necessary to get the job done. but once the senate and the house vote and this passes, it will go to the president. the president will sign the legislation that reopens government. government goes back to work providing essential services and protecting the american people. and then we also say to the world, we re going to pay our bills. don t worry about the safety and solvency of america s t-bills. we re not going to be a deadbeat nation. we re not going to go to junk bond status. and i say that we can now move forward, and i believe that again, if we focus with mutual respect, do what the middle road americans want us to do, we can get the job done. so assuming everybody s on board now in the senate, why not have a roll call vote right away, get it over with, pass it
at large. the taliban says they had a target killing squad that carried out the attempt on malala yousafzai s life. religious authorities in laher issued condemn of the attack, islam is for encouraging women s education not stopping it. the teenager remains in a medically induced coma in a hospital. it is the final voyage for the endeavour. the 77 ton shuttle is rolling through los angeles streets to reach its resting place at the california science center but it is not without controversy. workers had to take down light poles and power lines and most importantly nearly 400 trees for this 12-mile journey through the l.a. streets causing angry protests from residents along the route. endeavour goes on public display october 30th. and the european union won this year s nobel peace prize. in the same week that spain s credit was downgraded to junk bond status and the 27 member block is struggling to defend
paul ryan s credit rating may soon hit junk bond status because on the day a second ratings agency threatened to downgrade america s debt, paul ryan is actually having to defend mitt romney s attacks on, well, on paul ryan. you see, romney is no fan of last year s debt ceiling deal nor it s automatic across the board spending cuts that may go into effect january 1st, not because the deal led to america s first credit downgrade, but because, well, it s not severely conservative enough. romney has called the deal is big mistake, so now ryan must defend that line even though once upon a time, ryan himself defended that big mistake. you voted for it. why do you think this is good for the american people. because we re cutting spending. it s a good step in the right direction. i ll take two-thirds of my direction than anything else and we re going in our direction.