far. if we stay true to form, that means we will see a huge rally today. cross your fingers and hold on, folks. also this morning, five nato troops killed in a bomb attack in southern afghanistan. coalition troops have killed nearly 200 militants in recent weeks. keeping an eye on afghanistan, of course. keeping an eye on great britain. britain s prime minister says london police waited too long to arrest rioters this past weekend. he said that when he was speaking to parliament in a special session on the rioting. we will have more on this in a moment. all right, folks, it s just like that ride. you are are having seconds thoughts getting on the roller coaster but you can t get off. we are still on this ride on wall street and in 30 minutes, we will have that opening bell. yesterday, the dow dropped some 500 plus points after the week we have seen, it has been literally down, then up, then down and today would be the up day but we shall see in a few minutes. we hav
these folks weren t rioting like we have seen the past several days. they were there to clean up. now the problem is that the violence, looting and arson has spread to sever other british cities besides london. also a nationwide manhunt for two brothers and their older sister accused much opening fire on a florida police officer, then robbing a georgia bank. you re seeing the three siblings there and authorities do consider them armed and extremely dangerous. all right. wall street did a bit of a u-turn yesterday and thank goodness it did. we don t know exactly what it s going to do today. but we are waiting to see. that is coming up for us in about 29 minutes from now. the dow closed up 429 points yesterday. however, that was a reversal of fortunes from monday s loss of 634 points. christine romans in new york for us. alison kosik at the new york stock exchange for us. christine, 29 minutes away. what is going to happen? reporter: futures are lower and alison can tell
streak, tiger woods returns to the pga tour. in less than five hours he tees off in the bridgestone invitational. congress celebrated its long overdue deal on the debt crisis by racing out of town for summer recess. lost in that cloud of dust, funding for the faa and thousands of workers who now can t be paid. personally, this is devastating. i ve spent i spend most of my day trying to figure out what what can i not ay, what can i pay, where can i get extra cash. we re pretty much going to burn through all of our savings within a monday. athena jones is on capitol hill. the numbers are huge. 4,000 faa workers furloughed and tens of thousands of other workers idle and doesn t include the billions of dollars in tax money that won t be collected. it s not just the thousand of workers who aren t getting a paycheck and therefore not spending their paycheck in this fragile economy. it s the money and tax receipts the government is not going to get and because the two pa
delayed. police in texas say a muslim american soldier confessed to plotting an attack on ft. hood just two years after a muslim officer shot to death 13 people on that same base. tropical storm don could hit the south texas coast tonight and drought-stricken farmers are welcoming the prospect of up to 7 inches of rain. we begin with that sobering reality check on the debt crisis and just how daunting the challenge has become. in less than four days, the federal government could run out of money and default on its bills. but on capitol hill, the process has taken a huge step back. house speaker john boehner abruptly delayed a vote on his debt plan because of a revolt within his own party. joe johns is in washington with more on the political battle and ali velshi in new york waiting to see how the markets will react. ali, let s start with you. the new gdp number that just came out moments ago. reporter: this is going to add a whole new wrinkle. we have seen futures tank
could make or break the debt crisis and i know you re saying i ve heard this before. but here is the deal today. lawmakers are not mincing words. less than five days to raise the debt ceiling or risk defaulting on government bills. today the house is due to vote on speaker john boehner s plan. as his own party holds the majority of votes he is really getting frustrated with the divisions that threaten its passage. in a closed door meeting, boehner actually told the feuding republicans, quote, get your ass in line. then veteran senator john mccain who blasted republicans quoting an article owe tea party hobbits. joe, let s begin with you. boehner not too happy obviously. first you have the president that storms out of a meeting weeks ago. now you got boehner using a harsh word, shall shall we say, to try to get the votes to win the house. reporter: yeah. you know, this is a very high-stakes game. and it s, obviously, the most important point. in speaker boehner s speakershi