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Transcripts For CNNW Your Money 20130112

Behind the scenes of the gop as president obama prepares for his second inauguration. Those stories and much more ahead. Next, ali velshi explains why we still dont have a budget and how our elected officials have bungled a basic business process most of us handle with ease. A must see. Your money starts right now. Jo americas road to economic recovery is wide open, right in front of us, if our elected officials dont put major blocks in your way. Im ali velshi. Debt ceilings, budgets and spending cuts are all youll hear coming out of washington for the next few months. The partisan warfare in washington could put a dent in any recovery. The threat is real. The next battle will be another clash over raising the u. S. Debt ceiling. The current ceiling was officially hit on december 31st, but like last time the u. S. Treasury is using extraordinary measures to get through about late february or early march. If congress doesnt act by then, the government risks not being able to pay some of

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