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October 17th, 2013
09:06 PM ET

Ted Cruz aide: Senator won't rule out another shutdown

Texas Senator Ted Cruz, is the driving force behind the Republican push to tie the government shutdown to Obamacare is not backing down.

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As we mentioned at the top of the program – a Cruz aide tells Dana Bash he won't even rule out another shutdown. Republicans on Capitol Hill are fed up, but in his home state of Texas, the reviews are much different. 

Ed Lavandera is OutFront from Dallas.


Filed under: Debt Ceiling • Government Shutdown • News
October 17th, 2013
08:38 PM ET

Debt deal has billions of dollars for special projects

Where's the pork?

Like nearly every bill that comes out of Washington, the measure approved Wednesday night to end the partial shutdown and prevent a possible default was, of course, filled with goodies that are totally unrelated to the real purpose of the bill.

There's a little pork in that bill: The 5 most surprising provisions in the debt deal

OutFront: Tom Foreman has the report.


Filed under: Debt Ceiling • Government Shutdown • News
October 16th, 2013
09:48 PM ET

Bill Gross: Interest rates will go up

Erin Burnett talks to PIMCO's Bill Gross about the impact of the budget battle on the markets.


Filed under: Debt Ceiling • Government Shutdown • Markets • News
October 16th, 2013
09:30 PM ET

What a deal means for U.S. credit rating

An agreement to end the partial government shutdown and avoid a possible U.S. default easily passed the Senate and headed to the House for a vote expected later Wednesday.

The man at the center of it all is not in Congress. He works for the credit rating agency Standard and Poor's. His rating of America's debt determines how much taxpayers pay in interest on our nations debt, our homes, our credit cards.

S&P announced today that it estimates the shutdown took $24 billion out of the U.S. economy.

OutFront: John Chambers, Managing Director, Standard & Poor's.

October 15th, 2013
08:40 PM ET

Sen. Joe Manchin: A budget deal can happen in the Senate

A Republican plan to reopen government and raise the debt ceiling collapsed.

And now, sources in both parties tell CNN's Dana Bash that the ball is back in the Senate's court - just 2 days before this country could possibly default on the nation's debt for the first time ever.

A spokesman for Majority Leader Senator Harry Reid tells CNN: "Senator Reid and Senator McConnell have re-engaged in negotiations and are optimistic that an agreement is within reach."

OutFront: Democratic Senator Joe Manchin was an integral part of the deal-making in the Senate this week.


Filed under: Debt Ceiling • Government Shutdown • News • Politics
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