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That details count. And i think prepared remarks from secretary lew on that topic would probably be more appropriate. But as i indicated before, we plan for every contingency. So, obviously, you know, worst Case Scenario there are things that we will try to do. But i will repeat, i dont think any option is good. Mr. President . Steven dennis. Mr. President , wondering if you could talk a little bit about budget process. In the past youve negotiated along with the debt ceiling with the blue dog, for instance, in 20092010 along with the debt ceiling increase then a pay as you go reform. You named the fiscal commission. The republicans today are talking about lets have maybe another [inaudible] maybe 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 . Yeah, ....
Good morning. Thank you for joining us today. Lets get you up to speed with the latest ephone numbers that are crossing. It gives us a snapshot of the Business Economy in german. German Current Conditions index is at 110. 1 in july, versus the consensus which was sitting lower than this at 109. 7. Number coming out better than expected on that rate. In terms of what were seeing elsewhere on the other numbers, the german Expectations Index of 102. 4 in july, this is versus what the market was expecting at 102. 5. So this number coming in a little lower on that side. Just on the local expectations. Elsewhere, no revisions to the june indices. Lets dive into this and get the earnings reaction. The euro dollar tracking firmer today and ticked a little higher as well. 132. 19 is what were looking at. Joining us on t ....
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