A rare live for room call used by majority leader harry reid to bring senators to the floor to talk about the Government Shutdown, now in its eighth day. Also on capitol hill, an immigration rally which about 200 people were involved in. A dozen or so democratic lawmakers were arrested during the immigration rally on capitol hill, including john lewis of georgia and joe crowley of new york. We are going to open our phone lines to hear from you on this eighth day, as the Government Shutdown enters its second week. Can be part of the conversation by phone. The numbers are on your screen. I mentioned the house passing a bill that would create what is called a working group or so called supercommittee, the king at spending issues, including entitlements and other issues. It has passed in the house but not received much favor in the white house. Here is a headline in roll call this evening. Emily pierce said president obama dismissed the house gop posner was idea of creating a supercommitte
One of the rules that i was thinking about is that whoever is in the Minority Party, they be given three opportunities in one year, every year you get three opportunities, the minority speaker can bring a bill before the floor. Because with the tea party and all of the other people who are moving this ship, they are closing the government down. I believe if the minority speaker would be given like three opportunities to bring a bill before the floor, i think this could stop some of this gridlock. Guest they do actually have that power today to allow that. I know as democrats weve tried to make that happen procedurally and its been moved out of order. There has been may be seven or eight opportunities for republicans to put that in order and to allow the clean continuing resolution to come to the floor to reopen government. I think its the right thing to do. When i think about whats happening not just in my district but around the country, its really devastating not just for federal wor
Doesnt appear an end is in sight but the no, maam ominous deadline has to do with the debt ceiling. Without action by congress it means the government couldnt borrow money to pay bills like Social Security or even interest on the debt. Defense secretary chuck hagel ordered most of the civilian pentagon staff back to work today. The catch no actual paycheck until the government is reopened. When that happens, its anybodys guess with neither side budging today. There is not a subject that i am not willing to en gauge in, work on, negotiate, and come up with common sense compromises on. We are not going to negotiate under the threat of a prolonged shutdown. Now the American People expect when their leaders have differences and we are in a time of crisis that well sit down and at least have a conversation. Really, mr. President. Its time to have that conversation. Reporter but the Government Shutdown showdown is nothing compared to the potential economic peril if political leaders dont agr
The brig of this warship. The u. S. S. San antonio deployed in the mediterranean. Anas al libi will remain there for weeks. Interrogated by the cia, fbi without miranda rights. And then brought to the u. S. For trial for his role in the planning of the 1998 bombings of the u. S. Embassies in kenya and tanzania. His capture was a bold snatch and grab in this up scale tripoli neighborhood. U. S. Troops surrounded his car in broad daylight. His son showing where they smashed the car window and dragged him from the vehicle. Reporter his wife said she watched from her window. U. S. Officials say the bombings have all the fingerprints of middle east terror. Reporter the 1998 bombings were al qaedas first strike against u. S. Targets, a wakeup call. The Embassy Bombings were al qaedas coming out party. It was al qaeda saying, we are here. We are targeting you. We are going to kill americans. Reporter among more than 200 dead, Army Sergeant kenneth hobson. His widow debra today. It is soothing
Expectations and standards are. To piggyback a quick question off of that. Seems and these seem like significant changes. What impact will it have on credit overlays . I hope that it will substantially reduce credit overlays and that lenders will start operating more inside the credit box that fannie and freddie have said they will purchase loans in or guaranteed loans in that space. And based on conversations that we have had with industry participants emma my hope is a positive hope. I do not know when you transfer from hope to an expectation. Some of them have assured me that if we can smooth out some of these uncertainties that exist in their space, it would translate into reduction and overlays and it would translate into more availability of credit to people who can afford to repay the loans. And that is what we are very much interested in having happened. Haveth me and the crown lot more questions we would like to ask we are past their limit. Have everyone join in thanking you w