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Transcripts For CNBC Closing Bell 20131001

Impact in the longterm. And look at this video, thats a government oversight hearing on an epa investigation today. Thats right, today, in the midst of the Government Shutdown. How and why can that happen . Were looking for answers. Well look for the chairman of that committee in a few moments. Reaction to all of this from none other than jim cramer himself. Hes here at the New York Stock Exchange marking the 2,000th edition of mad money. Well have a special interview with him where hes talking what happens next with the markets, the shutdown, debt ceiling mess and what he has planned for tonights big mad money show, number 2,000. In the markets now, where we stand on the street with one hour to go. Up 28 and off the best levels, still positive on a day when many thought we would be in negative territory given the shutdown. The s ps up nine points, nasdaqs positive by 31. The federal government has been shut down for 15 hours. The white house rejecting the latest overture from the gop

Transcripts For CNBC Squawk On The Street 20131002

It was for a moment. Ital ital italys Coalition Looks Like it will survive and the ecb standing pat with Interest Rates. Adp, because of the shutdown, the the only number were expected to get this week comes in under expectations. And george soros making a claim that the euro crisis is over but the European Union may not survive. And what is microsoft without bill gates . Some investors are pushing for gates to be removed from the board. And the three major ipos, brands that you know, well bring you the first trades as soon as they open. First up, futures moving lower on day two of the Government Shutdown, this on which data from adp shows private sector added 166,000 jobs last month, below expectations. The numbers taking on more significance as fridays release of the jobs numbers has been hindered by the showdown. The president hosts 19 ceos at the without today, center stage is jamie dimon and, jim, heres how the papers are playing the shutdown. Heres the journal, capitol digs in fo

Transcripts For CNBC The Kudlow Report 20131002

We will analyze what the president said with our expert panel, all of those stories in the kudlow report, beginning right now. Until tonights 5 30 p. M. Leadership meeting, president obama had been notice bled absent from these negotiations, but our own Cnbcs John Harwood scored an exclusive interview with the president today. He asked the president where he would negotiate. Well, im prepared to negotiate on anything. I think its important for you to talk about how we create a budget that is creating jobs, encouraging growth, dealing with our longterm debt issues. The deficits are coming down at the fastest pace since world war ii, but we still have some challenges in terms of our longterm health care spending, so whatever the leadership wants to talk about, weve gottal budget, and we think we have some good answers, but we dont expect 100 . But what i have also said is that it is not acceptable for one faction of one party in one chamber to say either we get what we want or well shut

Transcripts For CNBC The Kudlow Report 20131001

The hour. Those stories and much more coming up on the kudlow report beginning right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. We are live at cnbc headquarters. The house is voting this hour on the gop spending plan d. This is a piece meal approach to reopen small portions of the federal government. Their plan, separate bills to fund the National Park service, part of the departments of veterans affairs, and operations for the district of columbia. So far Senate Democrats have rebuffed the house four times and have been unwilling to negotiate. So even if somebody wants to appeal obama care, and i do, and you know i want to appeal it, i must say to the gop, you fought the good fight. More people now know that the economic and Health Dangers of the Central Planning obama care which cannot work, youre right, but now is the time to back off. Now is the time to move on. Even powerhouse Football Team university of alabama punts once in a while to get better fie

Transcripts For CNBC Closing Bell With Maria Bartiromo 20131003

Began early in the afternoon when a woman allegedly struck a barrier outside the white house. She attempted to ram her car into the white house gate. She got out of the car and allegedly began engaging with police with a gun, firing some shots. That is still a little iffy. We dont have confirmation of that yet. She then got back in her car and wrc, which is the nbc affiliate in washington, has this exclusive video which were going to roll for you right now of the we believe is the car moving down the road. As you can see theres a black car thats going to come into view. You can see it in the distance. Thats wrc. Its an exclusive. Thats the nbc affiliate. She goes down the probably about two miles between the white house and where she eventually ended on capitol hill. At that point, she rammed a police car. That is when one of the Police Officers was hurt. Initially we thought that a Police Officer had been shot. But kim dine, head of the Capitol Police, says that no officer has been sh

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