colby, will this be a showdown with the nra over an assault weapons ban? >> no, it will not be gunfight at the o.k. corral. they will oppose any effort to do any thing on guns, and they may prevail. and there will probably be some agreement on background checks. to be parochial about this, in the district of columbia it would mean nothing to us regardless of any proposal did last year, the metropolitan police department recovered 1600 firearms. the year before, 2000 firearms. since 2003, more than 20,000 illegal weapons have been recovered in the district of columbia. no legal weapons allowed, and yet we recovered over 20,000 weapons. no legislation is dealing with this problem and a lot o >> charles? >> that is exactly the core of the issue, that is the conundrum of the reason the assault weapon ban of the mid-90s, which lasted a decade, had no effect, is because it left existing and circulation the weapons people already had. unless you're going to confiscate, which australia did, but we cannot under the second amendment -- pa of our constitutional under

colby, will this be a showdown with the nra over an assault weapons ban? >> no, it will not be gunfight at the o.k. corral. they will oppose any effort to do any thing on guns, and they may prevail. and there will probably be some agreement on background checks. to be parochial about this, in the district of columbia it would mean nothing to us regardless of any proposal did last year, the metropolitan police department recovered 1600 firearms. the year before, 2000 firearms. since 2003, more than 20,000 illegal weapons have been recovered in the district of columbia. no legal weapons allowed, and yet we recovered over 20,000 weapons. no legislation is dealing with this problem and a lot of urban problems. >> charles? >> that is exactly the core of the issue, that is the conundrum of the reason the assault weapon ban of the mid-90s, which lasted a decade, had no effect, is because it left existing and circulation the weapons people already had. unless you're going to confiscate, which australia did, but we cannot under the second amendment -- part of our c

. >> colby, a to f? >> strong b not so much on eloquence, but strong in tms of his agenda and what he wants to accomplish. plus, it is historic in a way as well. he was the first president to use the word "gay" in an inaugural addre, and it is where the country is now. head laid down a marker for this. this talkk about eququality. he covered a lot of grouound for a lot of people. >> establishing my grading system at the outset, i give a's to lincoln's second roosevelt's first and secd, and kennedy's. i would give obama a b, mayb b +. he was far more surefooted than he has in the past. since november 6 he has shown a r clearer sense of what he wants to do, and i think this was a communitarian address, a lot more than the individuaual of some -- individualism that was heard in the recent past. >> charles? >> i will buck the tide of grade inflation that has infected e panel. if you are a liberal, this was an a + a declaration of the liberal future, declaration that 30 years of conservative ascendancy that b

. >> colby, a to f? >> strong b, not so much on the eloquence, but on laying out his agenda and what he wants to accomplish. historic in a way as well. he is the first president to use the word "gay" in an inaugural address, and i think that is where the country is heading. he laid down a marker for this when he talked abut equality. >> mark? >> establishing my grading system at the outset, i give a's second,ln, roosevelt's and kennedy paused only. i would give obama a b, a bb- plus. he was far more surefooted than had been in the past. since the member 6 he has shown a far clearer sense of what he wants to do. i think this was a communitarian address, a lot more than the individualism and we have heard in recent past. >> charles? >> i will buck the tide of grade inflation that has infected the panel. if you are a liberal, this was an a plus, a declaration of a liberal future. declaration that 30 years of conservative ascendancy that began with a ragged's inaugural where he stated in a minute and a half,

we're back after your local news. >>> colbie caillat and gavin degraw performed earlier this morning. we're in for a real treat now. the very talented colbie caillat and gavin degraw. ♪ they all say it all the ones who made it once you find the one you claim it but you're gonna have to fight ♪ ♪ when i see that i think through the sound track we didn't see the light ♪ ♪ and now we both out of this heart. we both know ♪ always try to be like happiness trying to be the one who understands when things don't go as you plan we still ♪ ♪ and now we both know our own limitations that's why we're strong now that we are far apart leading each other out of the dark ♪ ♪ cause we both know what we're scared of what we're scared of what dreams are made of what dreams are made of zblmplths they cou they could take us further than what anybody could see it ♪ ♪ we both know our own limitations and that's why we're strong ♪ ♪ now that we are so far apart leading each other out of the dark we both we both know our know our own limitations ♪ ♪ that's why we're strong ♪

. >> colby, a to f? >> strong b, not on eloquence, but in terms of laying out his agenda and what he wants to accomplish. historic in a way as well because he is the first president to use the word "gay" in an inaugural address, and it indicates where the country is now. he laid down a marker for this, talking about equality. he covered a whole lot of ground for a lot of people. >> establishing my grading system at the outset, i give a's to lincoln's second, roosevelt's first and second, and kennedy's only. i would give obama a b, maybe b +. he was far more surefooted than he has in the past. since november 6, he has shown a far clearer sense of what he wants to do, and i think this was a communitarian address, a lot more than the individuals and we have heard in recent past. >> charles? >> i will but the tide of great inflation that has inflicted the panel. if you are a liberal, this was an a +, a declaration of a liberal future, declaration that the 30 years of conservative ascendancy that began with r

colbie, you're up first. gavin, come with me. >> enjoy. >> take it away. ♪ got me in the corner you hit me like a vision i i i wasn't expecting but who am i to tell fate where it's supposed to go with it don't you blink you might miss it say we've got a right to just love it and leave it find it and keep it because it ain't every day you get a chance to say ♪ ♪ oh, this is how it starts lightning strikes the heart it goes off like a gun brighter than the sun oh, we could be the star falling from the sky shining how it was brighter than the sun ♪ i found this love i'm going to feed it you better believe i'm going to treat it better than anything i've ever had because it's so damn beautiful ♪ ♪ just feel it we go together like peanuts and penne marley and reggae ♪ ♪ this is how it starts lightning strikes the heart goes off like a gun brighter than the sun we could be the stars falling from the sky shining how it wants brighter than the sun ♪ ♪ yeah yeah ♪ everything is like a white out sh

i'm jamie colby, i'll send you back to cavuto on business. see new 30 minutes. >> well, doctor, doctor, give me the news, and a private efficacy group in support of the health care laws is now hosting a tax section with journalists on the best way to cover the president's health care law, offering what they're calling specialized education in health care reporting. charlie gasperino. >> i can't wait to sign up, dude. (laughter) >> isn't that weird and that anyone would sign up for, i'm sorry we got it wrong. >> any, any journalists that signs up for this should be thrown out of the industry immediately and taking-- i'm trying to take it seriously. it's so stupid it's unbelievable. i'm going to pass this to adam. >> adam, what-- (laughter) >> i'm going to try to explain. part of this they think there's bad report ong this because the reporters don't know what's in the law and they want to give them the straight skinny right from the folks who wrote it. what do you make of that? >> normally, on journalistic issues charlie and i are in lockstep.

i'm jamie colby. we have some new developments to tell you about on americans held hostage by an al-qaeda-linked group. we're learning that algerian forces launched what they call a final assault killing almost a dozen militants. the last americans are freed. and 19 are dead, including one american from texas. and they wanted to exchange for those held in the u.s., including the man held for the world trade center in 1993. and marking the end of the first term, start of the second and the inaugural address is on the steps on monday. i'm jamie colby. back to bulls and bears right now. >> brenda: so, first the price spikes and now the price hikes. chipotle warning of higher menu prices because of higher food costs. as consumers are getting smacked on everything from the checkout aisle to rents to airline tickets and fed saying we don't have an inflation problem. >> i would trust chipotle more than the government. and look at two parts, number one, we have the payroll tax now taken out 2% per month. $40

i'm jamie colby, keep it on fox. fox. >> all is well for the al's, al-jazeera, scooping up al gore's current tv in a deal. al-jazeera is owned by the state oil production 68% of its economy. not very green if now what i mean. insiders say that gore tried to close the deal before the new year kicked in to avoid getting hit by the higher taxes. and charles, so you see, double hypocrisy? >> just a smidgen. al gore one the biggest individual carbon footprints in the country and the guy who says he can't stop eating meat and even though he knows there's a connection between the animals and the population, and the pollution. but, here is the thing that really to be quite honest with you. these guys get a free pass. i think really americans are phony. and i'll tell yu. >> neil: cavalier because they watch our show? (laughter) >> business owners who fly private jets are villains, but let's say bono flies a private jet he's a cool guy. actors are cool free passes. al gore gets a free pass for being a 100% hypocrite and pass t

i with the restrictions on shrimping it may be that the only thing pinkham and colby catch this winter is a beautiful sunrise. seth doane, cbs news, five islands, maine. >> pelley: we heard today that ray nagin, the former mayor of new orleans, was indicted on federal corruption charges. america came to know nagin after hurricane katrina when he blamed the federal government for abandoning his city. well, today, prosecutors accused nagin of taking hundreds of thousands of dollars in bribes from business owners who received lucrative contracts to do work for the city. nagin had no comment today. the famed bolshoi ballet is reeling tonight after one of its own was attacked with acid. we'll have that when we come back. the soreness was excruciating. it was impossible to even think about dancing. when you're dancing, your partner is holding you. so, his hand would have been right in the spot that i had the shingles. no tango. no rhumba. you can't be touched. for more of the inside story, visit shinglesinfo.com it's part of what you slove about her.essing. but your erectile dysfunction - yo

i'm jamie colby, back to bulls and bears. keep it here on the fox news channel. >> brenda: just days after president obama lifted the federal worker pay freeze, some lawmakers trying to refreeze their own salaries, saying they don't deserve the extra money, but caroline, you say they not only deserve it, they're underpaid, huh? >> i think they're underpaid, brenda, when you look the at the average amount that a ceo in a publicly traded country. 9.8 million and they make in the house. 175, 195, why is it the highest elected officials in our nation are making 1/50th, approximately 1/50th of the corporate titans. i think this we paid them more they would be less beholden to special interests. >> brenda: i don't know where to start. they work hard and don't take that many vacations and get done what they have to do, don't they? >> well, first of all, the ceo's of major corporations actually add value to the economy. i don't think you could make that claim, but i think it's the wrong argument. we have been arguing for years about

. >> hi, we're live from america's news headquarters, i'm jamie colby. well, there are now developments out of our nation's capital this morning. thousands are planning to march in support of the president's gun control measures. some residents from newtown, connecticut are expected to be in attendance. organizers say they support a ban on military style assault weapons and high capacity ammunition magazines as well as universal background checks for gun sales and they want lawmakers to require gun safety for all buyers of firearms and also developing we want to keep you up to speed on this, the flu outbreak, as if it wasn't enough the centers for disease control and prevention are warning of a powerful new strain after norovirus spreading through much of our country. a stomach bug, very contagious, ease ty to get, har to prevent and young children and elderly at high risk. i'm jamie colby. back to cavuto on fox. >> ask now, questions later. to deal across the atlantic. the countries with a tax, and this to go global with the playing field. one problem,

kelly wright and jamie colby are standing by to take over from here. thank you for joining us today. make it a great day everybody. fox news alert another fixture in the u.s. senate is saying goodbye. tom harkin is not running for a 6th term next year, saying, quote, it's just time to step aside. harkin has been a mainstay for decades and departure possibly opens up the door for republicans to pick up a seat. the third big name senator to announce his retirement in recent day, coupled with saxby chambliss from georgia and rockefeller from virginia. but first, what's expected to be a first battles over president obama's cabinet positions. >> jamie: i'm jamie colby. great to be here, inside the news headquarters. the president has drawn sharp criticism for two of the top financial regulatory posts. mary jo white, he wants her to plead the securities and exchange committees and richard cordray and whether there's a chance for a smooth confirmation. >> reporter: hi, jamie, the same day in 2012, president obama use add reset appointment to reinstall richard

with the restrictions on shrimping it may be that the only thing pinkham and colby catch this winter is a beautiful sunrise. seth doane, cbs news, five islands, maine. >> pelley: we heard today that ray nagin, the former mayor of new orleans, was indicted on federal corruption charges. america came to know nagin after hurricane katrina when he blamed the federal government for abandoning his city. well, today, prosecutors accused nagin of taking hundreds of thousands of dollars in bribes from business owners who received lucrative contracts tohwt do work for the city. nagin had no comment today. the famed bolshoi ballet is reeling tonight after one of its own was attacked with acid. we'll have that when we come back. back. the soreness was excruciating. it was impossible to even think about dancing. when you're dancing your partner is holding you. so, his hand would have been right in the spot that i had the shingles. no tango. no rhumba. you can't be touched. for more of the inside story visit shinglesinfo.com she keeps you guessing. it's part of what you love about her. but your er

. ♪ live from american's news headquarter, i am jamie colby. lance armstrong's lawyer is denying that he will admit to taking performance enhancing druth. it cost armstrong his 7 tour de france titles and got him banned for life for the events. his lawyer said he has no knowledge of his client considering a confession . >> hugo chavez is struggling to recover from cancer surge row and his vice-president may postpone the inaugusteration for the thir term. he's receivering from cancer surgery and a serious lung infection . back to forbes on fox. leaving high tax france to flat tax rush yampt offering french actor russian citizenship since the actor is planning to leave his homeland for a tax friendly country. you say america has to learn from russia before rich people run away. >> russia threw out the tax system and put in a flat tax. revenues doubled and economy started to boom. it would be like the productive work and success . there is a lobbyist . i said many times. i don't have an allergic reaction to the flat tax especially into proposed by

[cheering and applauding] >> right there at the intersection of silly man and colby, my parents still live there. that's where it started for me. but tonight is a night that we have abopportunity * to up lift and support and say thank you to all the people that certainly provide me support and provide me the motivation to get up and come to work every single day. this is an opportunity to thank and praise the people that call me stop, that e-mail me, find me on facebook, send me a twitter and pick, found me on next door. i tell you, this is your day. put your hands together. hang in there, we're almost done. but this is the day that we get to celebrate -- (applause) >> i'm calling it the nen-ers. you know what's interesting? i've been around city hall long enough to watch the nen awards grow and mature into what it is today. so, i also want to give a special shout out to daniel homesy who is the originator of this. thank you, daniel. (applause) >> also i want to acknowledge his right hand christina palone, the new director, mon, mayor's office neighborhood services over there in that

. >> jamie: i'm jamie colby. that's our top story today and welcome to a brand new hour inside america's news headquarters. those americans are among several people held hostage at a gas plant in the sahara desert taken over by al-qaeda-linked fighters days ago. but algerian special forces are launching what they call a final assault on the complex and now britain's defense secretary says the military operation appears to be over. our greg palkot is following it all live from london. how is everybody, greg. >> reporter: jamie, kelly, that's the big question right now. the algerian prime minister spoke with u.k. prime minister david cameron minutes ago and he, too, confirmed the final assault is over and there is that one report perhaps more americans were free today. and let's recount the event of today. algerian special forces stormed where the al-qaeda linked militants were finally holed up, apparently with explosives, apparently with heavy guns, and with hostages. it was a bloody scene. the algerian government

i am jamie colby see you and we'll see you on the fox news channel. >> here we go again. a new report showing more details of how washington is spending our tax dollars. this time four billion in stimulus cash going to green projects for companies based in germany and italy and japan. isn't it money supposed to help american companies . you say it is a total misuse. we have natural gas and solar and win and they may be doing it cheaper and places like chin a. i don't care if it is less than four billion. i don't like the phony next. the government is lousy. >> it is a disturbing report . point of fact and all of these companis and well is one exception i will give you. all of them are united states subsidaries of foreign companies. let me give you an example. we are sitting here and until nine years ago. the company that we worked at. folks news was a subsidiary of a foreign company. >> this corporation is a u.s. company. >> it was not when you came to work here. >> they don't get money from the federal government. that's the point. if you are getting subsidies from the u

colby. they want access to multiplayer network code. you didn't agree to this, did you? goren: look, man, i know you're afraid there's going to be a witch hunt-- that bloodmatch would get blamed for inciting violence. we wouldn't be the first ones. if it's not the full moon or twinkies, it's computer games. we got to take a stand here. this is ashcroft snooping around in libraries, and the fbi... a ferrari. you got a ferrari? a marinello. i just got it. i understand what you're saying. bloodmatch is just a game. it's cathartic. you get a chance to get out of your own skin. right. that's the best game the world's ever seen, but just a game. speaking of skin, you haven't lost a lot weight lately, have you? it's just some a little loose skin under your neck. how much did you lose, like, around a hundred pounds? 110. diet and exercise. jack has a lot to be proud of. i still need you to look at the new polygons. our lawyer'll get back to you. cadogan-- i heard that name in wales, but not here. i think when most families immigrated, they changed it to cardigan. i changed it ba

i'm jamie colby. great to have you here, too. topping the news this hour, brand-new battle on congressional leaders take to the airwaves with different ideas thousand solve the massive debt crisis. our political panel has fair and balanced debate ahead. >> gregg: caught on tape, a massive brawl involving 200 teenagers and rather unfortunate shoppers and salespeople caught in the middle. >> jamie: plus disgraced cyclist lance armstrong our legal panel weighs if the new reports are true that a public apology from armstrong are coming. >> gregg: new backlash on gun shows after the deaths of 20 children and six adults at sandy hook elementary school last month renewing that gun control debate. now, we are hearing from law abiding gun owners that are deeply concerned about their second amendment rights. >> the 80 million plus gun owners of america are concerned that because of that tragedy the enemies of lawful gun ownership are going to use the tragedy to attempt to pass new and strict regulations on guns. >> lots of people are worri

colbie caillet and gavin degraw are going to sing a headline day classic. ♪ baby it's cold outside is. >> but first this is "today" on nbc. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. [ male announcer ] to learn more about the cold truth sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about goin

kelly wright and jamie colby standing by to take it over. tomorrow on fox news sunday. kelly ayotte and blumenthal talk to chris wallace. make it a great day. >> jamie: a fox news alert. serious warnings, we are not kidding. the flu surpluses t-- surpasses the threshold. i hope you're feeling well. >> kelly: i'm kelly wright. we welcome you, latest figures for the seniors for disease control showing 20 children have died so far and 47 states looking at the rap right there are reporting widespread influenza outbreaks. only california, mississippi and hawaii have been spared so far, but those numbers may lag a couple of weeks behind. >> jamie: yeah, and the numbers are pretty startling. we've recently learned now 27 people dead in minnesota, 22 in pennsylvania, 18 in massachusetts, 8 in oklahoma, 6 in illinois. anna kooiman in the new york city news room with the latest. >> reporter: new york state governor andrew cuomo declaring a state wide emergency, and encouraged everyone to get the flu vaccine. officials say supplies are running low in some places, but the vaccine i

i'm jamie colby. back to bulls and bears right now. >> brenda: so, first the price spikes and now the price hikes. chipotle warning of higher menu prices because of higher food costs. as consumers are getting smacked on everything from the checkout aisle to rents to airline tickets and fed saying we don't have an inflation problem. >> i would trust chipotle more than the government. and look at two parts, number one, we have the payroll tax now taken out 2% per month. $40 a month out of a paycheck, t nothing compared to what you're seeing at airlines, and certainly obamacare with the big price increase ins premiums and starts to come out of the paycheck and now it's not 40, 50 bucks, it's $80, 90, 100 a spending week. that's a big number. >> brenda: gary b, consumer prices were up 1.7%, less than 3% the year before, but even though the government says that's nothing. it's not hampering the fed at all. >> well, look, i think the number is accurate, to be honest with you. i can underand why people think

. ♪ >> hi, we are live from america's news headquarters, i'm jamie colby. right now washington is on high alert. new evidence showing that north korea may be ready to carry out the threat to conduct a nuclear test. these are brand new satellite images into fox. officials say it's the site where nuclear tests have been conducted before and the images show trucks moving around and tunnels being sealed. all of it happening within the past month. american researchers believe that north korea may set off a nuclear bomb inside the mountain soon. we'll keep you posted. and a storm across the country and a powerful new storm making its way to the southeast, and plains. sub-zero temperatures and making for bad road conditions. be careful out there. more headlines 30 minutes away. now, back to bulls and bears. >> brenda: okay, so this will get your heart rate racing. a new government report revealing medicare dishing out more than 120 merchandise worth of medical services to inmates and illegal immigrants. and with lawmakers still not cutting entitlements to save tax

i'm jamie colby, back to bulls and bears. keep it here on the fox news channel. >> brenda: just days after president obama lifted the federal worker pay freeze, someawmakers trying to refreeze their own salaries, saying they don't deserve the extra money, but caroline, you say they not only deserve it, they're underpaid, huh? >> i think they're underpaid, brenda, when you look the at the average amount that a ceo in a publicly traded country. 9.8 million and they make in the house. 5, 195, why is it the highest elected officials in our nation are making1/50th, approximately 1/50th of the corporate titans. i think this we paid them more they would be less beholden to special interests. >> brenda: i don't know where to start. they work hard and don't take that many vacations and get done what they have to do, don't they? >> well, first of all, the ceo's of major corporations actually add value to the economy. i don't think you could make that claim, but i think it's the wrong argunt. we have en arguing for years about this pay

i'm jamie colby, back to bulls and bears. keep it here on the fox news channel. >> brenda: just days after president obama lifted the federal worker pay freeze, some lawmakers trying to refreeze their own saries, saying they don't deserve the extra money, but caroline, you say they not only deserve it, they're underpaid, huh? >> i think they're underpaid, brenda, when you look the at the average amount that a ceo in a publicly traded country. 9.8 million and ty make in the house. 175, 195, why is it the highest elected officials in our nation are making 1/50th, approximately 1/50th of the corporate titans. i think this we paid them more they would be less beholden to special interests. >> brenda: i don't know where to start. they work hard and don't take that many vacations and get done what they have to do, don't they? >> well, first of all, the ceo's of major corporations actually add value to the economy. i don't think you could make that claim, but i think it's the wrong argument. we have been arguing for years about this

i'm jamie colby. back to cavuto on fox. >> ask now, questions later. to deal across the atlantic. the countries with a tax, and this to go global with the playing field. one problem, right now they don't know what the money will be used for. charlie, you can't make it up. >> i can't see the chinese and the spending in the asian market where people transact a lot of business. one interesting thing about markets. some if somebody said you have to live in l.a. or new york in the media or entertainment base, less so, but you have to do it. you do not have to trade in europe. there are exchanges all over the place where you can bypass this stuff and i tell you, remember what happened with sarbanes oxley. right after that, they posted the conditions and penalties on companies that want to list here in the united states, and be in the u.s. stock market. a lot of can't went-- >> to your point, london surpassed in new york and hong kong blew up and in the meantime, a giant money grab up to 76 billion dollars, forget about they don't know what to do with it. >> the financial crisis they say

i'm jamie colby, keep it on fox. fox. >> all is well for the al's, al-jazeera, scooping up al gore's current tv in a deal. al-jazeera is owned by the state oil production 68% of its economy. not very green if now what i mean. insiders say that gore tried to close the deal before the new year kicked in to avoid getting hit by the higher taxes. and charles, so you see, double hypocrisy? >> just a smidgen. al gore one the biggest individual carbon footprints in the country and the guy who says he can't stop eing meat and even though he knows there's a connection between the animals and the population, and the pollution. but, here is the thing that really to be quite honest with you. these guys get a freepass. i think really americans are pho. and i'll tell yu. >> neil: cavalier because they watch our show? (laughter) >> business owners who fly private jets are villains, but let's say bono flies a private jet he's a cool guy. actors are cool free passes. al gore gets a free pass for being a 100% hypocrite and pass the st

i'm jamie colby. back to bulls and bears right now. >> brenda: so, first the price spikes and now the price hikes. chipotle warning of higher menu prices because of higher food costs. as consumers are getting smacked on everything from the checkout aisle to rents to airline tickets and fed saying we don't have an inflation problem. >> i would trust chipotle more than the government. and look at two parts, number one, we have the payroll tax now taken out 2% per month. $40 a month out of a paycheck, but nothing compared to what you're seeing at airlines, and certainly obamacare with the big price increase ins premiums and starts to come out of the paycheck and now it's not 40, 50 bucks, it's $80, 90, 100 a spending week. that's a big number. >> brenda: gary b, consumer prices were up 1.7%, less than 3% the year before, but even though the government says that's nothing. it's not hampering the fed at all. >> well, look, i think the number is accurate, to be honest with you. i can understand why people t

progress i think that's always the way i think that's where we should leave it thank you very much katie colby and moving on one of the hottest topics this week is the so-called debt ceiling in the united states the republicans opposed to staying the limit on government borrowing but unless the ceiling is raised the world's largest economy will actually run out of money next month that could default on its payments including social security medicare unemployment insurance and much much more and how bad would a default really be for the united states what if we were actually fearing what's that's the question i asked mark priest of capital here's what he said. if it doesn't raise the ceiling we have the unprecedented scenario of the u.s. defaulting perhaps on some of its bombs there's no two ways about it but with some shock waves across the world and across the financial markets. and we would we would see everything plugged into into trouble for everyone who knows how long but it would be something that a set is unprecedented and hopefully will never reach that stage basically from what you're