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Transcripts For KNTV Today 20131008

This is today with matt lauer and savannah guthrie, live from studio 1 a in rockefeller plaza. And good morning, everyone. Welcome to today on a Tuesday Morning, im savannah guthrie. And im matt lauer and told to have sex. Thats whey read in the paper. If you didnt see the show yesterday, what did he just say . Well fill you in later. I was doing fine until yesterday. Miley cyrus advised people that after 40 people dont have sex. Matt is well over 40. Everyone at the table, actually. You guys arent well over. Just past 40. Were a hair past 40. A little later on, have some fun with it. But first the standoff over the nations ability to borrow. And how it could impact every american right away. Peter alexander has the latest on the stalemate, good morning. Hi, matt, october 17th, thats the next potential crisis to circle. Thats the debt ceiling. As bad as the shutdown is, economists warn that failing to raise the debt ceiling would be infinitely worse. Its now week two of the Government

Transcripts For WRC Today 20131008

Calendar. Its when the country hits the debt ceiling. Economists warn that failing to raise the debt ceiling would be infinitely worse. Its now week two of the Government Shutdown that both sides insist they want to end. Congress should do whats in the best interest of the economy and the american people. Reporter House Speaker john boehner is demanding the president make a deal. Mr. President , its time to have that conversation before our economy is put further at risk. Reporter next up, that october 17th deadline with concern growing that Congress Wont raise the debt ceiling by then. What is the debt ceiling . Its the equivalent of the governments credit card limit, when the country runs out of money to pay its bills and cant borrow another dime. The u. S. s debt limit is 16 trillion. Trillion with a t. Then what . If congress doesnt green light the government borrowing more the u. S. Could default unable to pay its its. Theyre all scheduled to get their payments november 1st. Big p

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