To the Point
A Third Week of Government Shutdown, Three Days Until Default
We'll get a progress report on a crisis that could lead to fundamental shifts in American politics... and in this country's role in the world.
By Warren Olney • • 51m ListenGlobal confidence in the stability of America was in question today as party leaders struggled to re-open the government and pay its bills. If the US runs out of money on Thursday, it’ll be the first default by a major country since Nazi Germany in 1933.
Meanwhile, the Republican Party has hit new lows in public opinion, with a substantial number of GOP House members saying they don’t care. We’ll get a progress report on a crisis that could lead to fundamental shifts in American politics... and in this country’s role in the world.
Banner image: U.S. House Democrats line up to march onto the House floor for a Saturday session to address the current U.S. government shutdown, at the U.S. Capitol in Washington, October 12, 2013. Congressional negotiations to end a U.S. fiscal crisis that has gripped Washington and spooked financial markets hung by a thread on Saturday after they broke down in the House of Representatives and were in preliminary stages in the Senate. REUTERS/Jonathan Ernst
In this episode
3 storiesThree Days from Debt Ceiling Limit, Markets and Global Economies on Edge
The prospect of an American default on Thursday has rattled the global economy. Kevin Hall is national economics correspondent for the McClatchy Newspapers .
Read the story8 minWashington’s Debate Over the Shutdown and Debt Default Continues
The top leaders of both parties in the House and the Senate were scheduled to meet with the President and Vice President at the White House this afternoon. Earlier, Mr. Obama joined furloughed public workers who were volunteering at a food pantry.
Read the story36 minColorado has the First Hemp Harvest since the 1950s
Supermarkets and health food stores all over the country sell hemp milk, hemp tortilla chips and chocolate covered hemp seeds. The hemp they’re made from is imported—from Canada and from China. Now, Colorado farmers are harvesting the first commercial hemp crop known in the US since the 1950’s.
Read the story8 min