Brink. And im terribly pleased, because it was so dangerous. What now . Thats the really big question, isnt it . Theyve set themselves the task of preparing a budget by middecember. The continuing resolution will run out in january and the debt ceiling issue will rise again in february. I dont see how theyre going to agree a budget. We know why its been so difficult so far. I hope they will. And if they dont, i imagine there must be a possibility that well be in the same place again early next year. So, how are the markets likely to handle that uncertainty between now and then and as we get close once again to the brink . The interesting thing is that the markets have taken all this in their stride largely. Theres been very small tremors in parts of it. But i think the markets still assume that nothing bad is going to happen, that in the end it will be so insane for the us actually to default even for a few hours that its not going to happen. Its not a real threat, its just political t
Independent production fund, with support from the partridge foundation, a john and polly guth charitable fund. The clements foundation. Park foundation, dedicated to heightening Public Awareness of critical issues. The herb alpert foundation, supporting organizations Whose Mission is to promote compassion and creativity in our society. The bernard and audre rapoport foundation. The john d. And catherine t. Macarthur foundation, committed to building a more just, verdant, and peaceful world. More information at macfound. Org. Anne gumowitz. The betsy and jesse fink foundation. The hkh foundation. Barbara g. Fleischman. And by our sole corporate sponsor, mutual of america, designing customized individual and Group Retirement products. Thats why were your retirement company. Welcome. My guest, martin wolf, says the us debt ceiling is the legislative equivalent of a nuclear bomb that america has aimed at itself. And because congress refused to permanently defuse it this week, the threat r
Looking at this from outside, what i see is the old American Revolutionary tradition if you like, against government, against over mighty government, but now its your own, not king george. And it seems to recur. And its fairly scary when its there. Lets listen to a couple of members of congress who were really saying that default, and whatever would follow, its no big deal. Listen. I would dispel the rumor that is going around that you hear on every newscast that if we dont raise the debt ceiling, we will default on our debt. We wont. Well continue to pay our interest, well continue to redeem bonds and well issue new bonds to replace those. So, its not entirely accurate. Were never, ever, ever, ever. Its implausible that we wont make out interest payments. You have a 3. 1 trillion were going to take in in tax revenues, were going to spend about 3. 7 trillion . So, using language like, well, were going to default. Has the left decided that theyre hungry to scare the markets . Hungry to
You know you make the ladies swoon, right . I do . Yeah, of course you do. When did that start . Dateline ushers in 2013. Its a new year, new you. Also tonight i just went, no, no, no, no they wanted another child. Then came the bombshell from the fertility doctor. Yes, she was pregnant, but she had been given another couples embryos by mistake. Whats going through your mind . I have a baby growing in me, its somebody elses. What are we going to do . Would she carry this child for another mother . Even if it meant putting her own life at risk . I cannot believe im surviving this moment. Now, the amazing new ending to this lifechanging journey. What a beautiful outcome. Our story has come so full circle. Meredith vieira with inconceivable. Essed as pixels. A billion roaming photojournalists. Uploading the human experience. And it is spectacular. So why would you cap that . My iphone 5 can see every point of view. Every panorama, the entire gallery of humanity. I need to upload all of me
Ranking republican, House Speaker paul ryan, who said hes not ready to support trump for president. Trump said today he doesnt think party unit is necessary. More now from Julianna Goldman an washington. Im very different from everybody else perhaps thats ever run for office. Reporter donald trump eaunned Republican Leaders unwilling to support him sunday and said the party doesnt have oo be united to defeat Hillary Clinton in the fall. I think it would be better if ld were unified. I think it would be there buld be something good about it, but i dont think it utually has to be unified in the traditional sense. Reporter since trump became the presumptive nominee, the g. O. P. Has been in a tailspin, potentially at a historic tipping point. The two living former republican president s and the highest ranking elected Republican House House Speaker paul ryan have broken with muscles voters ohying they cannot support him. I think he could be a capable leader. Reporter former republican nom