every american could see that 401 ds and home values fall, borrowing costs for mortgages and student loans rise. our systems were not designed to not pay our bills. the world watching and warning. if there was a problem lifting the debt ceiling, it could well be that what is now a recovery would turn into a recession or even worse. but on the right, a vocal handful of debt-default deniers. my brother had a managed ka tars troir notify, which i don t think will be there i want i think this is the 11th time i ve been through this discussion about the sky is falling and the earth will erupt. florida republican ted yoho insisting not lifting the debt ceiling would, quote, bring stability to the world markets. in fact, if america for the first time in history is not able to pay all of its bills, the forecast is for financial fallout worse than the collapse of lehman brothers. fact forecasts are on which wrong, but is it a risk worth taking? candy crowley on host of
0 waiting for that press conference from the senate, when it happens, we will bring it to you. the full faith and credit of the united states may be safe for a few more weeks. i m christine romans, this is your money. house republicans offering a short-term fix. wall street celebrates with a sharp rally. both sides are finally talking. but this isn t over yet. behemoths of big business speaking with one voice independents shouldn t use the threat of causing the u.s. to fail on its obligations to remay its debt as a can thisle. it ought to be banned as a weapon. both sides deserve a spanking for this. small businesses questioning as well. over and over they say the same thing. why is this happening, we can t risk a default? i the administration foretelling economic chaos. every american could see that 401 ds and home values fall, borrowing costs for mortgages and student loans rise. our systems were not designed to not pay our bills. the world watching and warning.