jason furman is top economic advisor to president obama calms it, quote, some weird freakish thing.your commentsin "the washington post." why is this happening. >> you know, they don't actually fully know, but part of it was there were a lot of can't tall gains taxes collected last year. then the stock market fell, so there wasn't nearly as many capital gains this year. but that's only a small part of it. it will be a while before the government collects all the data. most of this is happening in tax collections being down. >> is this weird, freakish thing going on going to be bad for americans at home soon? >> look, i think you've got to right. high deficits do put upward pressure on interest rates, raise the cost of mortgages for families, they can effect the ability of businesses to invest, and this is now a problem that i used to think that maybe we could sort of skirt our way through, making some nips and tucks around the edges. but with interest rates so high, that makes it even harder for the government to deal with its budget. >> what can we do about it? >> i mean, look, the

. >> we'll talk to jason furman about shutdown risk for the economy out of washington. what's the risk for stocks around these type of events? >> i think in general we can look through it if it doesn't seem like it's yet another thing piled on, a lot of bad stuff we might be at one of those moments when it is going to be that situation where it seems like yet another thing i don't think that the interruption of services and the economic gdp effect is the thing to worry about if the markets get concerned there's some kind of an impasse about sustaining fiscal spending at this level -- >> that's what moody's warned on. >> that's probably not this month's business, but we'll see. i know people are worried about not having data for the next fed meeting. the decision is november 1st that would require a month-long shutdown we did it by 2013 and '96. different times for the economy. >> this would be a full shutdown as opposed to partials - >> we didn't get the data. >> mike, thanks. >>> let's take a closer look at some major indices we have the s&p breaking 4300 for the first