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Enough that i think people will be paying close enough attention that details count. And i think prepared remarks from secretary lew on that topic would probably be more appropriate. As i indicated before, we plan for every contingency. So obviously, worst case scenario, there are things that we will try to do. But i will repeat, i dont think any option is good. Steven dennis. Could you talk about project process. In the past you negotiated along with the debt ceiling with the blue dogs in 2009, 2010 along with an increase then. Pay as you go reform. The republicans today are talking about lets have maybe another committee that would work out our differences over the next few weeks. Is that something that you could talk about on the side, something that wouldnt necessarily be a concession but something that would be a format for getting a deal done . Heres the thing steven. I know that Speaker Boehner has talked about setting up some new processor some new Super Committee or what have
The markets as you point out. Shes currently number two at the fed. Its expected that shell likely continue with what we have seen from bernanke, keeping Interest Rates low continuing with a bond buying program. The big question from her, if she does get the greenlight, when will she scale back the bond buying program. Shes no stranger to the fed or to washington. She was a part of the counsel of economic advisers under clinton. And by the way, she will become the first democrat since paul volcker if she is confirmed. Will she be confirmed . John cornyn the number two in the senate expressing reservations about her. Its expected that she will get the nod, that she will get enough votes to move forward. As we have seen, of course with this Government Shutdown, nothing is easy here. So i anticipate there will be to some extent a lot of discussion, a lot of back and forth about her nomination. But it is expected to ultimately she will get confirmed and luke russert will have a lot more on
Messages, especially when it comes to ending the shutdown. House budget chair paul ryan says he wants compromise on entitlement reform, but theres no mention of obama care. Hmm, i wonder whether hes talked to speaker boehner. Instead of making it easier for people to get health insurance, its going to be a lot tougher. What a train wreck. How can we tax people for not buying a product from a website that doesnt work . And then theres the very influential Heritage Action group, which wants the debt ceiling off the table and for the focus to be on obama care. Okay, so i guess they talked to the speaker. And lets not neglect the always productive stop subsidizing abortion or were going to shut this place down argument. Yeah, good luck with that one. Are you confused yet . So are we. Luke russert, help me out here. What do republicans actually want . Well, im still thrown off. I cant decide. Tell us what you want, luke. Is that scary . Was it posh . Was it ginger . Was it sporty . We dont
We have to look at what has been happening over the last ten years. After afghanistan and iraq, you have a president who is saying im not going to be so fast. Its not up to the United States to determine the future path for egypt. Thats a task for the egyptian people. Im joy reid in for martin bashir. One day after president obama condemned the violence on streets of egypt, not much has changed. Calling for a quote day of rage, thousands of supporters of the Muslim Brotherhood and ousted president Mohamed Morsi filled the streets today with protests and rallies. Many in the u. S. Are calling for stronger language and actions from the administration including officially declaring the situation a military coup and thus cutting the 1. 38 billion in military aid we provide egypt every year. The death toll is now at over 600 with an additional 4,000 or moral injured and it continues to rise. Reports saying that perhaps 80 or more protesters have been killed today alone. And the violent resp