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have a great day. julie: senior defense official sounding the alarm on a significant escalation in the middle east. u.s. navy using an anti-ship ballistic missile for the first time to stop incoming missile fire from houthis in the red sea. iran problem front and center stoking major fears of a wider war. good afternoon, everyone. the faulkner focus , i m julie banderas in for harris. thank you for joining us today. a lot of news to cover for you. we ll begin with more than 100 attacks on u.s. troops in the middle east since october 17th. iran proxies going after our men and women overseas. one top senate republican not happy with president biden s lack of action. listen. weakness. is there a red line? would you tell our enemies publicly if we tell an american we re coming after you? the houthis are completely backed by iran. i ve been saying for six months now hit iran. they have oil fields in the open. they have the revolutionary guard headquarters you can see fr ....
spending cuts in ten years. reid would hike the debt by $2.7 trillion now and mandate an equal amount of cuts. but the congressional budget office says the boehner plan would trim spending by $850 billion, and the reid plan by $2.2 trillion. boehner went back to the board and postponed the vote that was supposed to happen today. reid s plan can t pass the house, and not only is boehner s plan doomed in the senate, a great many house republicans don t like it either. so what happens now? well, time marches on. a never-before-seen default on u.s. debt and obligations could be just six days away, but potentially just as bad would be a downgrade of debt, and a downgrade that would say we are not reliable as we used to be. that could up the cost for borrowing for all of us. here is richard quest on cnn international, and the smart money still says default will be averted, but downgrade, is it inevitable, are foreign investors alarmed? no, it s not inevitable. nothing is in ....