but overall that idea that the fed thinks that there are still significant downside risks, kyra, that has people unnerved. stocks are down. oil is down big. gold is down, as well. so, you re seeing a real movement out of some of these commodities and stocks today on this idea that the economy is not out of the woods yet, kyra? we ll look for the numbers in 28 1/2 minutes, thanks so much. the threat of a new government shutdown an intense round of voting rejected a spending bill and the move surprised even the republican leaders. kate baldwin joining us now from capitol hill. so, kate, the government due to run out of money at the end of the month. tell us what is happening behind the scenes. here we go, again, kyra. quite a blow for house republican leadership last night. in a vote, the final tally 195-230. 48 republicans, almost 50 house republicans joined with an overwellming majority of house democrats to reject this bill. this measure, just to give a little bit of b
. jamie:. welcome back. time for the top of th news. the uaw reaching its first knew tentative labor deal with general motors giving nearly 50,000 union workers more job security and better profit sharing plan and house speaker john boehner is getting a new tea party challenger in 2012. that s right, political newcomer david lewis says he plans to challenge boehner support of a federal budget provided funds to planned parenthood. international news, new fallout after militants staged one of the biggest strikes in the heart afghan s capital. saying that there is evidence linking wednesday s attack on the u.s. embassy and n.a.t.o. headquarters directly to the pakistani government. strong words for a country considered to be a key ally in the global fight. we re fighting against terror.
could make or break the debt crisis and i know you re saying i ve heard this before. but here is the deal today. lawmakers are not mincing words. less than five days to raise the debt ceiling or risk defaulting on government bills. today the house is due to vote on speaker john boehner s plan. as his own party holds the majority of votes he is really getting frustrated with the divisions that threaten its passage. in a closed door meeting, boehner actually told the feuding republicans, quote, get your ass in line. then veteran senator john mccain who blasted republicans quoting an article owe tea party hobbits. joe, let s begin with you. boehner not too happy obviously. first you have the president that storms out of a meeting weeks ago. now you got boehner using a harsh word, shall shall we say, to try to get the votes to win the house. reporter: yeah. you know, this is a very high-stakes game. and it s, obviously, the most important point. in speaker boehner s speakershi
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 inevitab
for a flight accidentally discharged a bullet. get this, it went straight through a united airlines counter and then struck a male ticket agent in the leg. the injury was not serious and the employee is just fine. the man s gun, though, was seized. the problem-plagued u.s. postal service is looking for new ways to save money. a new plan is being unveiled today when the service launches a study of thousands of post offices that could potentially be closed. mostf the 3,600 offices being targeted are in rural areas. the postal service lost $8 billion last year. 280 post offices have already been closed this year. great news for a lot of sports fans out there this morning. with the nfl s new labor deal now in place, league operations are now firing into high gear. the players union executive board approved the new ten-year agreement yesterday. that clears the way for players to report to feel facilities today. ams can also start signing draft picks and making trades. training camps sta