tv CNN Newsroom CNN October 12, 2013 10:00am-11:01am PDT
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>> can't tell you, especially working on them, i was almost done with it when i was done with the project, take a little break. >> reporter: can't watch it again. then you watched it again. >> yes, i'll probably watch it tonight. >> reporter: exactly. >> here's johnny! >> reporter: nischelle turner, cnn, los angeles. >> not exactly one of stephen king's favorite adaptations. i am miguel marquez. here are the top stories in the cnn newsroom. 12 days in the government shutdown. moments ago, some action on capitol hill. senators do a test vote to move the bill forward, but it failed. in the house, a lawmaker says they hit a brick wall. we'll go live to washington, find out where we are now straight ahead. and a monster storm roars ashore in india's eastern coast. hundreds of thousands of people scrambled for safety as a deadly typhoon approached. millions are preparing for the worst. and planning for your golden years to be tough when the
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economy is in crisis. we will tell you about the top five places for making your retirement dollars stretch ahead on cnn newsroom. just last hour on capitol hill, the senate defeated a bill to bring up a clean debt limit bill. the vote was 53-45. in the house, not much may get done today. members may go back to their districts, leaving only the gop leadership in town as republican congressmen put it, talks between the president and house speaker boehner hit a brick wall. athena jones is live on capitol hill. athena, you're standing on the brick wall there. seems the talking points remain the same and we aren't very much further today than we were at the beginning of the week. what's going on? >> reporter: hi, migel. it is looking a lot less clear by the minute how this will be resolved and when.
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you mention the house finished legislative business for the day. a lot of house members are heading home. the senate is also in recess. some folks, some senators said they're going to stick around. we know house leadership is here. but this is going to seem outrageous, especially to people that are furloughed workers, for instance, ordered to stay home in the shutdown, or all the people worried about the consequences of a debt default. here we are a few days away, it is next thursday, and businesses big and small worry what it could do to borrowing cost. seniors, military troops wondering about paychecks and social security checks. a lot of folks will be angry to see the folks on capitol hill heading home. i can tell you now you heard what one of the republicans described talks between the president and house republicans, now it looks like the focus is more on the deal, on this plan that was presented to the president by senate republicans that would both raise the debt ceiling and reopen the government. even on that front, it is
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unclear whether that's going to satisfy democrats in the senate and where that could go. so we're really at a loss, trying to figure out how this is all going to be worked out, migel. >> you have been watching this day by day. is there any sense things are moving, that the trend is positive, that we're moving in some sort of positive direction? >> reporter: well, it is interesting you say that. just a couple days ago it seemed like there were people that were pleased that the sides had started talking, the president sat down with members of both parties and both chambers, a lot of the rhetoric had been toned down. but then earlier today we saw a lot of anger coming out of the gop conference meeting with their conference mad the president had rejected their offer that would raise the debt ceiling just until november 22nd, but not attached to that in a reopening of the government. we have seen today battling press conferences. i have been here, seen three of them. there are a couple more on the senate side that may or may not
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be as feisty as the ones we saw on this side. so it is really not clear how this is going to play out and when. as i mentioned, sure, the house could be called back. there are some senators sticking around. as of now, no votes are scheduled for tomorrow, and votes in the house aren't scheduled until monday evening. migel? >> good luck. keep up the good work there, thanks very much. >> thanks. there's at least one concrete plan to end the standoff. here is what susan collins presented to the president. it would end the government shutdown, extend government funding six months with sequester level spending cuts, repeal a tax on medical devices and raise the debt ceiling. senior white house correspondent brianna keilar live from the white house. brianna, cautious optimism of striking a deal with republicans seems to have gone away. are we back to square one now? >> reporter: well, certainly when it comes to house republicans i think tuesday we saw president obama indicate a willingness on a short term
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deal. saw republicans back away from demands, thursday had a good meeting at the white house. yesterday we saw the white house briefing delayed beyond when the markets closed, when we heard jay carney essentially say they didn't like this idea from the house republicans, which was just a six week extension of the debt ceiling. by all appearances, it appears at this point substantive outreach to house republicans at least dried up, at least temporarily at this point. white house officials are insisting there are open lines of communication when it comes to the house and senate, but this also appears to be dealing with an appearance problem they had because president obama's whole we cannot negotiate or will not negotiate stance was making him look a little object stan and the. the white house didn't want that appearance out there. it is the senate that the white house is watching at this point as we are hearing different proposals that are being floated. and the fact that some senate republicans are frustrated, they
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want to move forward, put this kind of battle behind them, and the white house thinks that area at least is going to hold more promise than say the house at least at this point, migel. >> but this failure of the senate to get cloture, for a clean cr, that vote doesn't price anyone i take it, but we don't seem farther along. the ball seems to be in the same place as earlier in the week, no? >> reporter: it does, but i think what you're seeing is the house republican proposal which is very much kind of to the right and then this idea of just a clean one year debt ceiling extension or more than a year, because it would have gone beyond mid term elections is very much to the left. now they start a process of inching toward the middle. now where is that though. the white house feels very much that it has more leverage and polls it up that the white house has more leverage. there's a significant margin when you look at who americans blame, they are blaming republicans far more than they
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blame the white house. you're going to start to see pressure increase. this weekend there's a little wiggle room. why? the markets aren't open. when you get closer to tuesday when in the u.s. markets open and closer to thursday, we're expected to hit the debt ceiling, pressure mounts and increases exponentially. what gives? if you think of it like a stool, it is the weakest leg, right? and at this point, polls show republicans are the weakest leg. that's why you're seeing the white house kind of feeling that they have the upper hand here over republicans. they're of course getting dinged, too, the president taking a hit in the polls as well, migel. >> giving us all heart palpitations here. thank you very much. she has been standing out there in new york harbor 12 lonely days without any visitors. statue of liberty and other federal landmarks will be reopening, some of them. state of new york says it is losing too many tourist dollars, it will pay national park service $61,000 a day to operate liberty island. arizona struck a similar deal
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with the federal government to reopen the grand canyon. it will pay national park service more than $650,000 to operate the park for at least a week. tourists in south dakota will soon be able to gaze on the famous faces. they will pay to keep mount rushmore open ten days starting on monday. just over an hour ago, a huge tropical cyclone made landfall in india. phailin came ashore on the country's east coast. several deaths blamed on the monster storm, which could be a category four hurricane in the u.s. it is packing 140 miles per hour winds and tropical storm force winds stretch nearly 270 miles, about the distance between philadelphia and boston. about 12 million people live in phailin's path. disaster officials evacuated more than a half million people before it hit. that's one of the poorest provinces in india.
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terrible. a top general in charge of nuclear ballistic missiles has been fired. the air force says it is relieved him from command due to loss of trust and confidence in his leadership. he has been under investigation over reports of misbehavior. the air force says the firing is not related to the security of the country's nuclear weapons. and also this week, the deputy chief at strategic command was demoted reportedly over gambling allegations. the whereabouts of this man are unclear, scott chandler, director of a ranch for troubled kids in new mexico. amber alert for nine teenagers police say were abducted from the ranch. one of the teens has returned home, is okay. chandler's lawyer says all the teens are safe but the amber alert is in effect. the government remains partially closed. why is there talk the house may go home without reaching a deal with the white house today? we dig into that with our
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plenty of blame to go around for how we got here. >> hey, migel, first things first. there are no winners in the showdown over the shutdown. both sides are feeling the heat. check out this survey. 63% are angry the way republicans were dealing with the shutdown. 57% said the same about democrats and 53% were angry at president obama over the shutdown. nothing for anyone to brag about. but while both sides are getting blamed, it seems more people are pointing fingers at the republicans and that's showing up in the latest polls. 43% questioned in the gallup survey say they have a faf rabl opinion of the democratic party, not great, better than the 28% that gave the gop a thumb's up. that number was down 10 points from last month before the shutdown, and it is an all time low in gallup polling. migel?
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>> over in the senate, an effort to pass a no strings attached bill to reopen the government failed, and as we said, the house gop and the president are not seeing eye to eye. take a listen. >> the president is freezing out america and we'll do everything we can to make the point that we want to negotiate and he took no offers. >> is there worry that you guys are being flanked, the senate will pass their own bill and agreement with the white house? >> the president didn't accept the offer that was from the senate, which also was for real reform. so it doesn't appear as though the president wants anything except more tax revenue with tax increases yet again. >> cnn political commentator in new york, and crystal wright, editor of conservative black chick.com. she's in washington. house members, democrats and republicans go home with no debt deal, no deal to reopen the government. what message does that send to the country and the furloughed federal workers, presumably they
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ain't going back to work. >> i guess i'll just jump right in there. that's one of the pressure points that republicans have sort of been leaning on, which is that federal workers missing their paychecks is bad for the democratic party since most of those workers tend to lean to the left. but going home without a deal clearly is only going to make the public more angry. you just reported on this cnn poll that had 63% angry with republicans, 57% angry with democrats. another pressure point on both parties, in the same poll, independents blame both parties evenly. so i think the politicians are going to be under a lot of pressure to put together a deal, not to mention the debt ceiling deadline. >> crystal, what sort of pressures in washington today? >> i think amy is absolutely right, but i am going to take it a step further. i think house republicans have really dug themselves into a deep, deep hole here. i mean, i'm just shaking my head. i talked about this a couple weeks ago on the program.
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house republicans look like a bunch of spoiled children and they're without leadership. speaker boehner cannot get his caucus in line. and really i think the real reason they backed themselves into a corner, they got sideways on this, they were obsessed with defunding obama care. the way to defund obama care or repeal it is to focus on the republican party's brand, win a presidential election in the near future, try to maintain control of the house and senate, and frankly they're just not on a path to do that. government is about compromise. like amy said, nobody is blameless, the american people are mad at the president, mad at democrats and mad at republicans, and frankly government is about compromise. about negotiating. i am glad the president has gotten off his i will not negotiate soap box and actually is talking to both sides of the political spectrum, but at the end of the day, the house
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republicans are going to have to come more in line with what the senate republicans are doing and really stop the -- i think everybody seems to be addicted to the crises, right? we haven't had a budget to work with since 2010. i think everybody needs to come to terms with the fact it is not child's play. we elect these people to come to washington and govern. >> all pressure on john boehner. very quickly, yes or no. will he bring this to a vote, will he cave in the next week? >> i don't think that he will, no. i think what you're seeing still is -- you have two plans being forwarded. you have paul ryan's plan that will look at tax reform and entitlement reform. then you have the tea party that wants to see action on obama care delaying that mandate, that individual mandate for a year. i think john boehner is going to need to deliver something for the tea party because that poll you showed those folks that have
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disapproval of republicans, a lot of reason that number has been driven down is because of the tea party, because of the right wing of the republican party. >> crystal, yes or no. >> i don't think sadly speaker boehner will cave in. that's the problem. as amy pointed out, you know, the approval for the republican party is the lowest in 21 years, folks. time for you to come to the table and force the president to reduce spending. i get that. but let's get the government funded and let's talk about reducing the debt and deficit in the next juncture. >> let's hope there is that talk at some point. crystal wright, amy holmes, thank you both very much. >> thank you. >> thanks. taking a brief break from hardcore politics, president obama and the first lady welcomed a special guest to the white house. they met with malala yousafzai yesterday. he proclaimed friday international day of the girl. malala is the pakistani teenager shot by the taliban, was in the early running for the nobel peace prize.
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and could have very well won. the first family thanked malala for working so hard for girls' rights to get an education. an amazing story. more on that tomorrow night as there's a special report, the bravest girl in the world. certainly is, 7:00 p.m. eastern, here on cnn. getting a divorce can be an ugly process, but when things start out with a kidnapping, where does it go next? ahead on newsroom, why a group of new york rabbis are accused of abducting an uncooperative husband. ♪ [ male announcer ] let's go places. but let's be ready. ♪ let's do our homework. ♪ let's look out for each other. let's look both ways before crossing. ♪ let's remember what's important.
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caught on video. now three bikers have been indicted in connection with the violent clash involving an suv driver in new york. craig wright, reginald chance, robert simms are accused of attacking him in front of his wife and child. four others have been arrested, including one new york police officer riding with the group, two other undercover cops are also believed to have been at the scene. one of them worked for internal affairs. the very same department that is investigating this matter. two orthodox rabbis are under arrest, accused of kidnapping and torturing jewish husbands that refuse to grant their wives divorces. they were detained in an fbi raid following a month long sting operation. according to criminal complaint, the rabbis charged the wives tens of thousands of dollars. rosa flores has the details. >> reporter: it sounds like a movie plot, a wife wants to divorce, the husband doesn't want to grant it, so she talks to her rabbi that helps her hire
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a few, quote, tough guys to get the job done. unfortunately, folks, this is a real life description of alleged events, described in detail in court documents that reveal ten people, including two rabbis, now face kidnapping charges. take a look. the fbi raided two new york locations wednesday night, exposing what undercover fbi agents have been working on for months. one agent posing as an orthodox jewish wife, who wanted a divorce, and court documents know a conversation with one of the rabbis went like this. quote, basically what we are going to be doing is kidnapping a guy for a couple of hours and beating him up and tort turing him and then getting him to give the get. according to orthodox jewish law, a get is a document that a husband must provide his wife to obtain a divorce. and the price for getting the forced get was pretty high. court documents say it cost
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$10,000 for the rabbis to approve the kidnapping first, then an additional $50,000 to pay the, quote, tough guys, who do the beating and obtain the get. it is key to note, however, that the importance of the get within the orthodox jewish community is extremely important, for a woman, for example, it is a huge implication if she doesn't get one, she risks being shunned, labeled as adulterous if she moves on and has children. there's been huge debate over men that don't grant gets as well. in the past, they have been shamed in the orthodox jewish community newspapers. >> this is just unspeakable crime, any time you have individuals who go against other legal, lawful people who are just living their lives and violence is committed. >> we don't think all of the defendants are equal. we believe some of the defendants might have been motivated by money. we don't believe that that will end up being proven to be the
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case with rabbi wall mer. >> two that are mentioned, one of their attorneys tells cnn all ten defendants pled not guilty to kidnapping charges. if convicted, they face a maximum sentence of life in prison. rosa flores, cnn, new york. >> thanks to rosa for that. a deadly cyclone is hammering the eastern coast of india. a half million people have already fled for safer ground, but millions are still in the path. what could be the worst storm to ever hit the area. we get a live report next on cnn newsroom. [ male announcer] surprise -- you're having triplets.
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welcome back. i am miguel marquez. capitol hill is buzzing with activity or not buzzing at all, depending what side you're on, both parties negotiating on the shutdown and debt ceiling. in a few minutes, the democrats are expected to hold a news conference. for those of you just joining us, here is what's happening so far. the senate defeated a procedural vote by majority democrats to bring up a clean debt limit bill, the bill was 53-45. in the house, not much is getting done because members have left and go back to home districts, leaving only gop leadership in town. republican congressman put it, talks between the president and house speaker john boehner have
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hit a brick wall. we'll bring you that news conference from senate leaders when it happens. now to the massive tropical cyclone. phailin made landfall with winds up to 140 miles per hour. tropical storm force winds stretched nearly 270 miles, the distan flooding and high winds coming with it. lonz oh cook is live on the phone. give us an update on conditions you've seen so far. >> reporter: the winds have picked up yet again. there was a brief lull. the city is in darkness, a lot of coastal districts had power cut deliberately as precaution to prevent death from electrocution or fires. but about an hour and a half ago, phailin made landfall where
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we were -- we spent about three hours this afternoon. the town is actually a resort town for indian tourists, all those evacuated, hotels closed. local inhabitants were waiting there. some are waiting until the last possible moment, midafternoon, before moving up the hill to evacuation centers set up in 30 concrete based structures, such as local schools. >> and how are the evacuations going? this is a very poor area of india. is there a sense that the government is prepared for this? >> reporter: i am afraid the wind has really picked up. i heard you mention about the area. this is an agricultural based state. areas close to the sea are dotted with various fishing
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communities, often these are not the most affluent, so quality of construction work, that and there are farming communities, rice and cotton farmers. this is not the most affluent. but the low lying areas are the most vulnerable. that having been said, this time around, national and regional officials say they got out in front ahead of the curve, didn't want repeat of 1999 where 10,000 died, and they succeeded evacuating over half million from the low lying coastal areas. >> lonzo cook, thank you very much. keep yourself and the team safe. hope to see you back here soon. thanks. the evidence is starting to trickle in. people are starting to worry gridlock in washington will hurt the economy. find out how you can get ready for it next on cnn newsroom.
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we are eagerly anticipating a press conference from senate democrats and republicans coming up. when we get word they step up to the podium there, we will let you know and we will bring it to you live. day 12 of the government shutdown is making wall street jittery and the situation also has small investors wondering what to do to protect what they've got, so they don't go over a fiscal cliff themselves. we go to christine romans in new york. >> migel, one day a selloff, the next day a rally. it is enough to make the average investor swear off stocks and bonds and hide their nest egg in the mattress. memories are fresh from the 2008 financial crisis, stocks crashed almost 50%. fast forward to today,
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washington wrangling bringing up nightmare scenarios. to save a black swan event, some areas say increase the cash to 20%. one adviser says have a plan first. >> i don't think you want to make today you exit the market in cash unless you have a clear cut plan when you get back in. most don't have that clear cut plan. if the market drops precipitously from here, most people aren't going to feel that's the time to get back in. >> concerned you're not rebalancing enough, don't stand there and do nothing, says mutual fund legend. 70% stock, 30% bonds was balanced. guess what, wasn't much difference. not to say you should leave the portfolio in auto pilot. experts say consider lower risk options like core intermediate term bond fund or dividend paying stock fund. don't try to invest playing off
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the headlines. >> for the average person, i would try to take a vacation from the market for about two to three weeks. don't do anything rash or silly by selling when it appears news is bad. >> riley thinks the good news is we're in a multi year bull market for stocks. thinks profits will be excellent for american companies next year. migel? >> thanks, christina. if you weren't sure gridlock is trickling to main street, the first piece of evidence in a new survey. consumer sent meant at the lowest level in nine months. people are worried about the economy taking a hit. want to bring in a few people. scott liars, joins us from new york. karen lee, certified financial planner here with us in atlanta. so let's start with what we know. consumer confidence is slipping, scott. what's the immediate consequence of lower consumer confidence? >> well, consumer confidence is tied directly to the stock
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market. if you want to know when the civil war will end, when the market says it ends by tanking and dropping and making everybody upset and afraid. when that happens, all representatives will be forced to make a deal to get things going. someone in the administration said we never let a good crisis go to waste. one side is trying to break the other. the market will break the impasse. the dow dropped a thousand points, but this week when the president appointed janet ye yellen, took the pressure off the politicians for the moment. >> karen, you're doing financial planning in atlanta. are people coming into your office freaking out? >> strangely they're not, migel, but i think it is because we have been there, done that. '08, '09, it was scary. but we made it through, stuck
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with our investment strategies and made it through. i can't say people are terribly nervous. are they upset with the government, yes. >> scott, you seem to be saying stay calm for now, keep your money in the market, don't do anything crazy. >> well, listen, you have to constantly review the portfolio, whether a small or large investor. this year has been front loaded. most of the gains have come early in the year. we have been kind of marching, doing a dance, a side ways dance for the past couple months. but historically the market tends to rally end of the year from thanksgiving into the new year, and a lot of people want to bet on that and they're going to chase performance to try to catch up to the markets. but you still need to review your own personal portfolio, decide what's best for you without doing anything rash or brash. listen, this too shall pass.
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do what's best for you, don't let your emotions run away with you. >> you're an optimist, my friend. karen, my heart is pal pi at a timing. should i take the money from the 401(k) and put it under the mattress. >> go back to investment basics. we all should have three to six months minimum cash set aside to pay bills, including government nonessential workers. you have to have that to rely on. two, you shouldn't have money in the market you need in the next three to five years. migel, i would ask you, are you planning to use your 401(k) sooner than five years? my guess is the answer is no. >> i hope not. >> exactly. i agree with scott. we have to stay consistent with our investment strategies, do not panic. stay calm. if you're the little guy investing in 401(k) and the market turns south, you invest into the downward spiral and get the best upward potential when it turns around. >> thank you very much. in a minute, we will put these
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to washington? >> they need to work for us and listen to us and work together, both parties have to work together and quit blaming each other. >> feel what the people feel, you know, put yourself in our shoes. >> unhappy voters. before the break, we were talking about how gridlock in washington is starting to trickle down to main street. we're now starting to see consumer confidence slipping. joining me again, investment strategist scott blier and certified financial planner karen lee. talk about what people should do to get ready for a jolt to the economy. what do you think that should be, scott? >> well, the first thing you should do is as karen said, always have some cash. now, not everybody can give themselves a cushion of cash. what happens, if you're not tied to the gdp, sit back, watch,
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enjoy the show, know that eventually it will be settled, but it is going to be rankerous and continue to make lots of headlines. again, the market is ignoring this mostly because federal reserve is the greatest enabler of a dysfunctional government by printing money and buying assets, and as long as they do that, they're giving cover to politicians. as long as they do that, the politicians can continue to be dysfunctional. if you're an individual investor, get your dollars ready and lots of people like to buy what's new and what's hot and what's moving. i advise against that because that's a very good way to get confused, especially in volatility. i have two words. health care. health care. this is what this fight is about. that's part of what the fight is about. and that's an area in the market that's virtually recession proof if the market and economy should
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slow down. big yields, lots of innovation, and government will spend on medicine and medicines, no matter what. >> karen, one thing you say is to have three to six months cash reserve in case of emergency. most don't have that, are able to have that. is the message to stay calm, keep things where they are now and wade through this? >> absolutely. if you can't get that three to six months, make sure you have credit available that you haven't used, whether it is a home equity loan, your credit card. i hate to say that, but you're right, some people can't get it together. i agree 100% with scott, stay calm. don't panic. this, too, shall pass. we have been here before and we'll have more of this in our future. >> all right, karen lee, scott bleier, thank you for joining us. good luck to everyone in the market. we have response from the white house on the failed senate vote. we have that coming up, we go live to the white house and have a report on that after the
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well, the white house has just released a responsible to the senate vote today. brianna keilar is live at the white house with more. what's the white house saying? >> hi there, miguel. as you know, the senate vote failed on pretty much a party line vote. this was an extension of the debt ceiling for more than a year. it would have taken us past the midterm election. this from jay karnies. it says congress must do its job and raise the debt limit it has incurred. it is unford that the common-sense was refused a yes or no vote today. this was a test vote. remember, this would have taken the threat of default off the table and given or nation's businesses and economy the
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certainty we need. it goes on to urge congress to basically increase the debt ceiling, and to reopen the government. so this vote obviously in the senate, miguel, showing us what's called a clean debt ceiling increase without conditions on it isn't going to get past consequence. the senate obviously is a little more easy, i think, for democrats in the white house to push something through than the house at this point it's not even getting through the senate. so it sort of is indicating what i think a lot of democrats realize, that there has to be some sort of conditions that republicans are trying to work out at this point on increasing the debt ceiling and reopening the government. senate republicans have proposed some at this point but there's certainly no agreement and the sides are very apart. >> oh, dale. it sounds like we're no farther along down that trail than at the beginning of the week.
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christine romans is up with "europe." here's a preview. the sharpest -- can this -- and maybe new sharp budget cuts? is this the time for austerity in america? that's coming up at 2:00 p.m. eastern on an all-new "your money." thanks very much. stay with us. if you're thinking about making your office exit, you're probably wondering how to get the most out of the retirement. the change of pace may mean a change of location. if you're concerned about the change in your bank account, then you'll want to watch this. gabriel redford is the editorial projects manager for aarp the magazine. you have a list of the best places to retire? affordability? >> yes. every year we come up with the best places to retire. this year we focused on affordability, spell where can you require for less than
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$30,000 a year. well, mostly these are places where you can retire in places that have a median home price of $130,000 or less. that puts you at a monthly mortgage payment of $500 a month. >> and where are we talking about? what sort of places are we talking about? i realize well, daytona is on the first on our list. house prices fell 47% in daytona since the recession began. you can buy a condo on the beach for $100,000 or less. great fishing, great boating, for nascar fans there's the international speedway. it has easy access to orlando and some of the attractions there. where else? if you're not into the sunny climbs, mountains, you have choices there? >> you do. pocatello, idaho is next on the list. it's one of the smallest cities on the list, yet has so much to do.
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it's the home of idaho state university, it's also surrounded by so much natural beauty. 1,000 square mimes of hiking and biking. lift tickets for $26 a day or less. >> that's not bad. where else are you looking at? >> bangor, maine is next on the list. it's a small city. called the queen city of the east for its victorian architecture, some of its beautiful buildings, has the bangor symphony orchestra. the bangor band has free summer concerts. it's also on the penobscot river with a lot of fishing and boating. >> we love maine, we love idaho, too. where else? >> greenville, south carolina. greenville, south carolina has something for everyone. a 14-mile hiking and biking trail through downtown. it's becoming known as a foodie city. it also has some culture, some symphony, a ballet, the peace
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center for the performing arguments. >> rounding out the top five? >> grand rapids, michigan. the home of the ford presidential library. it hosts an annual blues on the mall festival. it also was recently named beer city for all of its craft breweries. >> there's nothing i love more than a good beer. thank you very much. thanks for coming in i want thank you so much. there's much more to come when "newsroom" returns in 30 minutes. we'll get the latest, and tom hanks' latest movie depicts the hijacking off of somalia. christiane amanpour sat down with the oscar winner. plus you love candy crush? even if you don't know what it is, you'll want to stick around to hear about an addictive online game that could be worth billions. later on "cnn newsroom." to remind you, we are
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waiting for that press conference from the senate, when it happens, we will bring it to you. the full faith and credit of the united states may be safe for a few more weeks. i'm christine romans, this is "your money." house republicans offering a short-term fix. wall street celebrates with a sharp rally. both sides are finally talking. but this isn't over yet. behemoths of big business speaking with one voice independents shouldn't use the threat of causing the u.s. to fail on its obligations to remay its debt as a can thisle. >> it ought to be banned as a weapon. >> both sides deserve a spanking for this. >> small businesses questioning as well. >> over and over they say the same thing. why is this happening, we can't risk a default? i the administration foretelling economic
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