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tv   Erin Burnett Out Front  CNN  October 16, 2013 11:00pm-12:01am PDT

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hello again, you are back in the cnn news room. we want to welcome our viewers in the u.s. and around the world, we continue our live coverage of what happened in congress today, of course raising the debt ceiling and the government opening. a $24 billion hit to the american economy, according to s&p, the u.s. government is once again open for business. >> indeed, president obama signed the bill and opened the government, to avoid what could have been a catastrophic shutdown. >> it was approved by both majorities, in the house and senate. it will fund the government until january 15th. >> the plan would also extend the debt ceiling until february 7th. and in the end it made only a very small change to obama care.
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what sparked this crisis in the first place, including a profession for income verification. humans of thousands of federal workers off the job for two weeks, have been told to return to work later this morning. live, from our bureau in washington, d.c. erin, i guess the question here, is this a deal or delay? do we go through all of this again? because after all, it is all being put off for 90 days. >> reporter: yeah, john, it is somewhere in between, it is a deal, because of course, democrats have gotten largely what they wanted. we'll see the government reopen and avoid defaulting on the debt. but it is a delay in that it is only 90 days away until congress will have to revisit the debt ceiling. now, this is a routine vote as we've heard president obama say for the past few weeks now. this is the 13th time that congress has voted to raise the debt ceiling since 2001. i would point out that after the
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financial crisis in 2008, it happened three times within the next year. but we're seeing it in greater frequency that congress has to vote to raise the debt ceiling. this has become a bigger problem. and republicans have said they want to use the debt ceiling as leverage for the democrats to give them more concessions. but republicans are saying now this has not worked, the strategy of using the debt ceiling as leverage. >> they hijacked the plane, knowing how to land it. 16 days this went on for, it was all over obama care, they wanted to de-fund it. that didn't happen. what did the republicans get? >> very little. they didn't delay obama care. they didn't de-fund obama care. they also didn't repeal a small tax that would pay for a portion of obama care. they got one small fraud
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protection measure, and that was about it. now in terms of funding the government, they're funding it at a slightly lower level than democrats wanted. republicans got closer to the spending level than they wanted, but they got almost nothing in the deal. >> what was interesting in the house, the democrats voted -- republicans voted almost 2-1 no, a very wide margin there. what does it actually mean for the republican speaker of the house, john boehner, because there is a lot of pressure on him, a lot of speculation that his job may be in danger after all of this. >> that is true. there is a lot of speculation about that. but i will tell you today, earlier today, i guess yesterday at this point, the house speaker did get a standing ovation from republicans when they had a big meeting earlier. and a number of conservatives, who wanted him to fight the good fight, as they say, say he is safe. i would say just in general,
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both house republicans and really the american government at large looks back. listen to what president obama said earlier tonight about this very thing. >> i have got some thoughts about how we can move forward in the remainder of the year and stay focused on the job at hand. because there is a lot of work ahead of us, including our need to earn back the trust of the american people that has been lost over the last few weeks. >> obviously, the president is saying there that both democrats and republicans look terrible after this shutdown fight, john. >> yeah, that is true. you got that bit right. erin, it is 2:00 there in the morning in washington, we appreciate you staying with us. erin mcpike, there in washington, let's take a look at the markets, see how they're reacting, there we are, not a gleeful bounty, hong kong in
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barely positive territory, shanghai, just off a touch. wall street rallied on wednesday on the news that the deal was reached. the dow closing nearly 200 points, nearly 1.4%, the nasdaq gaining 1 and a quarter percent, the s&p, nearly a quarter of a%. so how is this affecting the grid lock around the world? jeff mcallister, thank you for joining us. we have heard from china and even russia. we heard from our european countries and heads of global financial organizations saying washington essentially get your house in order. >> well, they're certainly right. this is not an edifying spectacle for anybody. this reminds me of the old churchhill quote, america can be
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counted on to do the right thing after it exhausted all the other measures. what is the message people take away from it? that in the end, sanity prevails, or is it that the american system is in a bad way and it is not really a world super power behaving the way it ought to? >> and so these countries were telling the u.s. essentially to try to find a way to manage its economy and its government. not from crisis to crisis but in a smooth way that won't rattle the world. those countries, perhaps less likely to be willing to take advice from the united states in the future. >> i think that is right. i mean, this is a fundamentally -- what is american power in the modern era when china is rising, and other countries are becoming richer. soft power, the power of attraction is very important. obviously, the united states has huge assets, economically,
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culturally, and they don't go away because of one fight in congress. after all, there was a shutdown in 1995, followed by the monica lewinski scandal. and people don't remember that, and the u.s. is still a prosperous leading country. but if we couldn't get our act together, the president who could not go to an asian summit and preach about what he wants to preach about, because of all the fighting at home. it really does not send the kind of message that is in american long-term interest. and i think both sides recognize that in washington. the question is, how do you get out of this ditch? >> right, but it is a blip, though, right, because you talk about america's power, economic power, how much richer it is. even the next three countries, gdp combined, china included in
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that list. so it will take a long time to change, is this more symbolic than substantive? sn >> it is the right question, and the answer is, it depends on whether it happens again and again and again. this is just the underlying proponent of the grid lock, will the tactic work? the republican party has a favorable rating from 28% of americans, certainly they don't want to do this again. but all the dynamics that put this in place, the gerrymandering congressional districts where 90% of republicans win each time. and have to fear primary challenges on the right much more than they have to fear a challenge from a democrat. money in politics, now being raised by making a big noise on
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cable television rather than coming from the center. the rush limbaugh chamber, the echo chamber, where they think they're doing the right thing, when it turns out in this case it is not the case. those factors will still be there. will there be change in the elections next year. >> will republicans lose? i mean, that is the kind of thing that has to happen to really change the dynamics in the structure. the president looked stronger. it would be hard to the republicans to go back to this same tactic. >> how does this change the u.s.'s relationship with its allies, i'm talking about western europe or in big summits like the g 20 or g 8, or apec. does it have an impact? >> i think in the long run, it is not a proud place to be if you're an america like this. you just don't have as much
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clout. people do detect these things about soft power or image, and whether you look like you're on the decline. on the other hand, the u.s. is still what used to be called the indispensable nation, all the people that wanted to go to harvard -- you can say in 50 years maybe if you're writing the book, this is when you can see the american empire was on the decline. this is a pivotal moment, on the other hand, it may just turn out to be a blip, as you say. >> all right, jeff mcallister, thank you for joining us. >> we'll have more global reaction when we come back. >> not a proud place to be if you're an american, he says. >> so straight ahead, why one ceo says the world is laughing at washington.
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only going to get worse. >> plus, we'll hear from one of the richest men in the world on the u.s. debt crisis. >> it never should be used again, i think both parties should say this is ridiculous. [ male announcer] surprise -- you're having triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade.
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congestion, for the smog. but there are a lot of people that do ride the bus. and now that the buses are running on natural gas, they don't throw out as much pollution into the air. so i feel good. i feel like i'm doing my part to help out the environment.
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one of the richest men expressing himself on the state of the financial affairs. >> people play brinksmanships games sometimes, but it is totally asinine to have a debt ceiling at all, and to use it as a means to try to get your way on anything else, whether it is abortion, gun control, obama care, whatever. it is a political weapon of mass destruction that shouldn't be used. >> we could see a repeat of all of this, washington really has not solved the problem. it just bought a little time until early next year. let's go to richard quest, he is still live for us in cnn new
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york, 13 minutes past 2 a.m. richard this all ended with a whimper, but the problem really is congress is treating the symptom, not the disease. >> i'm not sure, i agree with you that it ended with a whimper, we didn't go over the cliff. but the amount of hot air, the last two votes, the reporter who took a funny turn and had to be escorted out of the chamber, it really just makes the whole thing complete in many ways. because no matter what anyone said, whether it was the imf managing director, ceos, finance ministers, they had no influence over this debate, which is why howard lutkin, the chief executive, who joined me earlier on "quest means business." and his view on the deal is
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perhaps so prescient. do you welcome the deal that was done, and are you worried because of it? >> yes, this deal had to happen, the u.s. doesn't want to default, and what happens, we're the richest country in the world, the printing press, they could just decide to cross their arms. all we've done is kick the can down the road. you put it up there february 7th. january 15th, the government will shut again and we'll be talking about it again. >> so you don't think there is a possibility for the compromise committee to reach any form of significant budget negotiations? >> no way. because you elected a very strong left president on the same day you elected a strong right congress, and the strong left and right, all they do is wrestle. you heard john boehner come out and say he thinks he lost, his crowd will be back, they will
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slug it out another day. >> and there you have it. there is the proverbial can, it is battered, bruised and still has got some road to travel. but we have been here so many times before. that the markets -- and i think this is perhaps one of the most telling points. the markets held throughout. with a bit more volatility. and one or two hiccups on the way, by and large, they held their nose, because what they did was reinforce the perception that eventually they do come to a deal. what worries everybody is the time when they don't. >> sure, and the president was asked about that at the briefing, he was asked do we go through all of this in 90 day's time. he was very firm. he stopped and looked back, said no. okay, so what is the secret source? what is the fairy dust, the unicorn magic that will make the next debt ceiling disaster a
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little different than this one? >> i think they're probably a little bit worried how close they came to disaster, how much noise. that wouldn't maybe much difference, as howard said it is the political battle. the only thing that is really going to weigh heavily is by the time we get to february of next year, there are the mid-terms late next year. the republicans have already taken a really bad bruising down in the 20s on their popularity in the polls. if there is a perception you are going to get clobbered even further, that could be the telling point. here is what worries most people, the far right don't care. the far right would have held john boehner's feet to the fire, even longer. it is just is that they knew there was nowhere to go after the senate did the deal. >> yeah, we saw that the way the vote played out in the house of representatives in the last
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couple of hours, just quickly richard, fitch put the yourseu.a negative rating, watch -- >> i'm going to jump in, i can't even anticipate your question but i'm going to answer the question i think you were going to ask anyway. >> go for it. >> the negative watch lasts until the end of q 1 next year. my guess is, if we get to december the 13th. and this committee that is being put together has not made any form of progress, then the u.s., fitch takes it away -- it is a hazardous guess, i may be wrong -- >> december 13th. >> i think it is december 13th when the committee has to report back. >> it is definitely december, it sounds a lot like the super committee. the debt ceiling, that didn't work out either.
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not exactly going out on a ledge there, richard, we appreciate you being with us. where has he gone? there he is. >> well, fitch takes away that triple a after s&p did a couple of years ago, that will be the reputation of the u.s., something to look out for. straight ahead, what investors think about the debt deal. >> and john has his eye on the markets. >> plus, international news, what a difference after years of dead end, the iranian nuclear talks, can iran and the u.s. strike a new tone in geneva? we'll be right back.
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the lights are still on there in capitol hill after a very, very dramatic 24 hours, no surprises, the markets had reacted swiftly to the news of the u.s. debt deal. >> the first reaction came from asian markets, they opened pretty much right after president obama had signed the bill into law to raise the debt ceiling and open the government. and the reaction is positive. although let's not say it is overwhelming. our emerging markets editor, it was a solid rally when it started the session, but it fizzled out, john, why is that? >> yes, in fact we had a good
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rally, but that finished in the first 90 minutes of trading, let's take a look, you will see we're off from the highs, the nikkei was a bit off, bounced back, look at shanghai, souel, they rallied after the deal was done, what does it tell us? number one, nobody really thought that the u.s. congressional vote would never really happen, they didn't think the deal would get done, number two, they don't have the confidence, can they get a deal done? number three, we're in a region now with great assets into u.s. treasury bonds, the chinese, the japanese, $1.1 trillion, the
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question raised is do the u.s. markets really care if we hold the assets or not. the u.s. is the reserve currency, will it be able to hold onto that? is this a longer term trend where the u.s. doesn't really care if it gets that investment or not. we'll see the chinese buy more european bonds to buy out their portfolio. >> we talked earlier about how s&p was projecting potentially an economic loss of 24 billion u.s. dollars because of this shutdown. what is the biggest economic casualty here? >> i think the $24 billion is a drop in the bucket for a $13 trillion economy. it is not terrific, coming at a time when the u.s. economy can least afford it. they're trailing around 1%, if it was not for the emerging markets, the figure would be worse, the big casualty is the u.s. reputation, i came to hong kong by south korea, i spoke to
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a couple of major players, interesting quotes coming out of alexander novak, unimpressive lack of unity from the u.s. congress. and the congressional moves provide fractured confidence in american leadership. and i wanted to find out if it was just the russian position, so i spoke to a ceo, another player in russia, he said it stands in the way of business in the united states. the u.s. is not acting like a leader in the currency. even christine lagarde suggested, i'm glad the deal is done but can we change the system so every three or four months we don't have to go back to the bargaining table, back in may, the federal reserve suggested they would pull back on the quantitative easing, rattling the markets around the world, especially markets like
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china, brazil and russia. if there is a silver lining right now i suggest that the federal reserve couldn't do anything on the quantitative easing, until january or february, the reserve has to stay there. the markets know there will be liquidity. and they hope big time in february this deal doesn't unravel again, the acrimony between the white house, and capitol hill. which has been pretty poor. >> thank you, john deferious, and the damage it has done to the u.s. economy. john? >> now an us on some other stories we are following, iranian and western diplomats meeting in switzerland agreeing to return to the negotiating table next month. both sides striking an optimistic turn, some in tehran
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even, saying a deal may just be reached. more now from jim scuitto. >> after a senior u.s. official said that this official had never seen such intense detailed straightforward and candid conversations with the iranian side, the iranians also express hope and satisfaction. the iranian foreign minister saying these talks could bring in a new beginning in our operations with the west. even the time frame they're talking about, the iranians saying they could come to a final agreement within a year. the deputy foreign minister most offing -- moving that up. others expressing reservations, but it gives us a sense of how things could proceed and how quickly. they have already planned the next round of talks, they will meet again in geneva, meanwhile, experts from both sides will
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meet to discuss the details of iran's plan. there are still, though, substantive disagreements. the u.s. officials saying there are differences over how the sanctions against iran's economy would be eased. saying iran has to provide much more detail still on the plan for uranium in the nuclear program. as one u.s. official said, the work is hard. the agreement not clear. jim scuitto, cnn. and officials believe nobody survived a plane crash, 49 people were killed when the plane went down, passengers from france and thailand were believed to be on board. state-run media reported the plane was about to land when it hit bad weather, and then crashed. well, earlier this week, typhoon nari made landfall.
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more on the details, this is such an season, there is one after the other after the other. >> and you know very well, john, too, tropical storms and typhoons, they halt the air travel. just about a year ago, superstorm sandy halted the flights just in the last 24 hours, across tokyo, 500 cancellations with the typhoon. thousands were taken out of the storm's path, as it moved near portions of danang in vietnam, and where the plane crash occurred, west, across southern laos, the area where the crash curbed. you see isolated thunderstorms indicated here in the reds and oranges, some popping up in the area of interest. we know where the plane went down, there were active thunderstorms in the region, the wind sheer that occurs in the atmosphere, we have winds rising
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and dropping in a matter of seconds and can really force planes to lose control. potentially make happened with the thunderstorms in the region. the secondary impact also taking place in india, where we talked about a category five, same as the typhoon making landfall there, the devastation left in place. i want to share with you video coming out of mt. everest. the moisture from the cyclone producing a significant amount of snowfall, four people lost their lives here, a tourist being one of them. four people were rescued off of mt. everest, because of the tremendous amount of snowfall catching some of the people off guard. and especially, some of the moisture associated with phalin.
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and a jury ruled that mark cuban was not liable for insider trading. cuban had put his entire stake in the company after the firm's ceo told him about plans for a stock offering. the details were announced publicly a little later. cuban's move saved him about three quarter of a million dollars in losses. just ahead on cnn news room, well is a deal to reopen the u.s. government. >> well, what did it cost? we'll look at the numbers, also chinese state media didn't hold back as the u.s. flirted with the possible debt default. so what is the largest holder of the u.s. foreign debt saying now? we'll go to beijing, straight ahead, don't go anywhere. we'll be right back. stick with innovation. stick with power. stick with technology. get the flexcare platinum.
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sciutto, sciu let's be honest, this is pain inflicted on our nation for no good reason, and cannot make -- we can't make the same mistake again. >> welcome back to cnn news room, as we continue our live coverage of the debt ceiling and government shutdown crisis in washington, well, the government
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is open again now. >> we would like to welcome our viewers in the united states and around the world. the u.s. lawmakers have finally struck a deal to reopen the government and also to raise the debt limit. >> well, that means federal workers that were furloughed more than two weeks ago head back to their jobs today thursday. >> president obama signed the bill just a few hours ago. the white house says he will have more to say about the agreement in a statement later today. >> now, the deal as it stands, funds the government through january 15th, and raises the debt ceiling through february 7th. but despite republican efforts it leaves obama care largely untouched. and that is what started this whole thing off in the first place. >> absolutely, the republicans were trying to derail obama care but it was resolved through a bipartisan effort in the senate under the weight of today's deadline, the debt ceiling increase, listen to what
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president obama had to say about that. >> i want to thank the leadership for coming together and getting this done. hopefully, next time it won't be in the 11th hour. one of the things i said throughout the process is we have to get out of habit of governing by crisis. >> well, how much did the partial government shutdown cost the u.s. economy? it depends on what they're making for the estimate. the global company ihs says the numbers are about a billion in lost government services, meanwhile, the financial rating agency, standard and poors, says the shutdown cost the u.s. economy about $24 billion, about a believe per day for the shutdown. >> it is a chunk of wasted money. the world food program says you could feed 66 million hungry school age children for more than seven years. it is enough to fund doctors without borders for all of
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africa. and it is about equal to el salvador's gdp. >> it also spares the world's economy from untold harm. more on reaction from berlin, and david mckenzie. and germany, have we heard reaction there? in asia, the rally fizzled out. >> reporter: well, if we start with markets, the dax reached a record high last night, despite the little on the news before it closed that a deal looked as though it would be struck. but the markets have really taken this in their stride in europe. investors are pretty clear, or say the markets seem to have shown that a deal would be struck in the end. they have had a very strong rally in the second half of
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2013, and it was not really impacted by this talk of possible global economic damage, if the debt ceiling, and if the talks came to nothing. so the markets have taken it in their stride, i'm sure you can see. you will probably see a rally in the morning, but don't expect much from that. i think the view in europe of the whole discussion, what is going on in the states, has been a battle that this could happen in the u.s. huge damage in terms of america's credibility as a global super power, just as it damaged its credit worthiness as we saw from fitch. when you read the editorials in the newspapers this morning, obama may have come out a winner, but he is not a winner as such, he has been very badly damaged in the eyes of the world from this spectacle that the world has been witnessing in washington. >> but is this just them shaking
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their heads, i can't believe this is happening or could it have a concrete impact with regard to the u.s.'s relationships with some of its allies there? >> well, i think you have not seen any kind of concrete impact. in the reserve situation if you think about the european debt crisis, for example, that has not impacted the relationship that the u.s. has with europe. i think it is the same in reverse, to an extent. the inappropriate europeans hav waited, but don't necessarily think it will affect their relationship. >> well, china has been very vocal about this shutdown showdown in d.c., beijing urged lawmakers to get a resolution and not default. the stakes are very high, about $5.6 trillion, a third of it is u.s. debt. the big chunk is owned by china, nearly $1.3 trillion.
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so let's go to beijing now, live, david mckenzie standing by again, the chinese must be breathing easier right now. there is a deal in the workings. there will be another crisis 90 days from now. the chinese have much bigger long-term concerns. >> well, i think the long-term concern, it could affect the bottom line, certainly the technocrats are breathing a sigh of relief. most believed they wouldn't cross that threshold, a large amount of debt, the interest in the debts, 1.23 trillion in u.s. treasuries, more than doubled that in u.s. assets. china is very heavily invested in the u.s. debt. they used it over the years and the decades. it helped to park the trillions
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in foreign reserve that china builds up, because it is largely an sport-driven economy. they were watching this debacle as it went on very closely. and yes today, definitely a sigh of relief here in beijing for the end result. >> when beijing talks about a de-americanized world, what exactly do they mean? what would they like to see? >> well, it is really a pr push by china to try and focus the world's attention on china as an alternative economy in the future. there is no way that the world could de-americanize at this point. the u.s. dollar is the standard-bearer, and has been for many, many years. i think what they're trying to do is throw pie at the face of the u.s., who has been a rival, although a very close economic ally. china is using this opportunity to say it is time to look
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elsewhere for leadership in the fiscal world. as i said, no way right now that that could be taken over by china. the currency here is not international enough. the markets here are not big enough or liquid enough for the world to kind of make china its standard bearer. but certainly from a power perspective, they have been reveling in this mess in washington, showing the future may be here in washington. many people say it is deeply hypocrital, because of the way the economist party runs the economy. it is not an economy like the u.s. certainly there would not be room for discussion, like in the u.s., but it led to great innovation in the u.s. economy, according to most economists. >> yeah, it has been described as a corporate leninist economy, whatever that may marine. a good day in downtown beijing,
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thank you, david. corporate lenin, interesting, let's take a quick break, when we come back, could the west be months away from striking a nuclear deal with iran? we'll tell you about the diplomatic discusses in geneva. also, with the deal signed in washington, the washington blame game is under way. >> it is one of the more shameful chapters that i have seen in the years spent here in the senate. new brakes help you stop faster and safer.
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that's why they deserve... a brake dance. get 50% off new brake pads and shoes. the republicans remain determined to repeal this terrible law. but for today, for today, the relief we hope for is to reopen the government, avoid default. and protect the historic cuts we achieved under the budget control act. this is far less than many of us had hoped for, frankly. but it is far better than what some had sought.
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>> well, in the end, it came down to the senators from both parties, senate republican leaders who you just heard there, mitch mcconnell, he lived up to his reputation as a deal closer in this case, even though he expressed disappointment. >> it was all smiles and hugs in the senate. >> they actually patted each other on the backs -- >> someone wrote the most deluded people in the united states. >> they actually managed to overcome what has been a nasty, bitter conflict we know the republicans and democratings. what will happen as we move forward, what will happen with the republicans and democrats, how difficult will all of this be? >> i hope we can move on, i hope we can move on to other things,
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what we've done, not just harmful to republicans, ours went down further and faster. the american people have no confidence in their government. and can you blame them? >> john mccain there, one of the old school republicans, and a senator who has been around who knows what it is like to strike the bipartisan deals. >> exactly, two weeks ago i said this tactic will not work. >> he was right, the republicans and john mccain are actually blaming some of their own members in congress. >> reporter: on the senate floor, john mccain slammed the partisanship on both sides during this shutdown. >> it is one of the most shameful chapters than i have seen. >> reporter: but in print, he was much tougher on his own caucus, telling the new york times, republicans must understand that we lost the battle as i predicted weeks we wouldn't be able to win.
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republican senator graham said we went too far, we screwed up. mickey edwards said he believed that obama was too inflexible in the standoff, but the republicans over reached, he believed. >> the republicans are not going to believe the president is responsible especially when they're trying to undo a law that is already enacted. when you tie it in with the threats about the debt ceiling and possibly reneging on the money the american people already spent and owe, i don't think it is a message they can win. >> senator cruz has been criticized by his hometown newspaper, comparing him to okay bailey hutchinson, saying cruz has been part of the problem in specific situations, where hutchinson would have been part of the solution. >> and heritage action for america pressured republicans to
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keep fighting against obama care, keeping tabs on who didn't, by blasting out score cards. >> i think the senate republicans should spend their energy focusing on obama care and the way it is ruining millions of american people's lives, not setting tactical scores. >> but analyst say the party will still question the tactics of its own hard liners. >> has that line of argument been discredited by this defeat? there is no other word for it. does that allow the other voices in the caucus to argue in another direction. >> another big question, does john boehner keep his speakership. the gop strategiests say he likely will, that he has the votes to stay in. and who would want to stay in anyway, especially after this, brian todd, cnn washington. >> all right, we'll have a lot more on the crisis in washington, and the eventual
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deal. after two days of negotiations, tehran says a deal could be reached within six months. >> now a joint statement described the talks as s substantive and forward looking. >> as far as the united states is concerned, we have an open mind. we are prepared to allow the united states to show its good intentions and good will. of course, we need to witness good faith. good faith would require you to move in the same direction, not move in different directions. we want to see the actions of the united states be in line with the word that is have been uttered by the highest officials of the united states, in that they want to deal with iran based on mutual respect and interest and equal footing, and in factor move towards a
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resolution of this issue. >> the diplomats in geneva also noted the improved relations with tehran. >> but they warn it is going to be a long road and these are just the very first steps. >> what i think is different this time is that this iranian government was elected by the people with a mandate for moderation, a mandate for economic change, sanctions relief and to address the concerns of the international community to ensure a better economic future for the iranian people. and so the foreign minister, zarif and his delegation came prepared for detailed, sub standi -- substantive discussion that i have not seen for quite a while. all of that said, we are at the very beginning of a process.
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president obama said that there are many years of mistrust. but there is also a very important objective. and that is to make sure that iran does not acquire a nuclear weapon. and that the rights of the iranian people to access peaceful nuclear energy are recognized, if all of the concerns of the international community are addressed. >> so these talking on iran's nuclear program sent through early next month. >> and the fight to close the u.s. government for two weeks may be over for now. >> but the ugly moments, the hard words may not be easy to forget. coming up next. narz
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we've been locked in a fight over here, trying to bring government down to size, trying to do our best to stop obama care, we fought the good fight, we just didn't win. >> okay, so what was the good fight actually over? you may not remember this, but it actually began with a demand by republicans to de-fund obama care. but when the democratings refused to budge, republicans came out with new demand, seit seems they had a new demand every day, at least 21 new demands put forth by republicans, when they couldn't get it de-funded, they tried for a one-year delay, democrats said no, then they asked for big tax
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cuts, the democrats said no. the republicans said can we have an expansion of offshore drilling. the democrats said no, they said can we have the scratch for the emissions, part of the epa, the democrats said no. they said can we eliminate funding for planned parenthood. allowing employers and the insurance, they said can we repeal the tax on medical devices, no one likes that, that was a bipartisan issue, finally, they came back with this one, tougher federal subsidy for anybody to buy under this health care insurance scheme. but the interesting thing, it was already a part of the law. >> hardly a huge successiconces
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the democrats, they largely got what they wanted. what did the republicans get? a small obama care concession. the government must confirm the eligibility of people receiving the federal subsidies under the health care program. the u.s. senator who was really a big part of wanting to associate de-funding obama care with passing any deal. we're talking about ted cruz here, he led the shutdown fight and told cnn's dana bash that despite the fact that it didn't work out for him or for his party, the members of his party who wanted to de-fund obama care he doesn't regret doing any of it. listen. >> as you well know, you have a lot of fellow republicans really downright angry at you. because here we are, almost three weeks later. the strategy that you started out on to de-fund obama care as part of funding the government they never thought was going to work because the votes are not there. and here we are, reopening the government after a lot of bruising political war fare,
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internally, and you got nothing for it. >> well, dana, respectfully, i disagree with the premise of that. we saw a lot happen, the house taking a stand, everybody in washington just weeks earlier said that would never happen. that was a remarkable victory to see the house engage in a profile on courage. unfortunately, the senate chose not to follow the house. and in particular, we saw role division among the senate republicans. that was unfortunate. >> the republican senator ted cruz of texas, claiming victory, kind of. it was interesting, he held the news conference just as the republican leader of the senate was on the floor. that is considered to be a bit of a poke in the eye to the republican senator, mitch mcconnell. >> perhaps he may not see it as
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a defeat for him. he is a household name, sort of the flag bearer of the portion of the republican party that essentially wanted obama care de-funded and is on the right wing of the party. tensions rose the week the government was shut down, it got pretty brutal. >> yes. >> reporter: hello, america. let's begin with perhaps the ugliest, politicians capitalizing on the world war ii veterans trying to go to the memorial, they were met with barricades. >> this is the people's memorial, why is the federal government spending money to erect barricades to keep veterans out of this memorial? our veterans should be above politicings. enough gamings. >> but senator cruz didn't address what came after. confederate flags and hate. >> i call upon all of you to
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wage a second american non-violent revolution. to use civil disobedience, to put the kuran down, get up off his knees. >> reporter: actually there were a lot of ugly moments, the park rangers experienced the nastiness themselves. >> park service should be ashamed of themselves. >> i'm not ashamed. >> reporter: never mind that it was congress that caused the government to shut down, and that the park ranger was working for free, because she had been furloughed. steve pierce writes, if you are a furloughed government employee we encourage you to reach out to your financial institution as soon as you worry you may miss a
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paycheck. financial institutions offer short-term loans, don't wait until you're behind a bill, call now and explore your options. things got even uglier when lawmakers blamed one another for not funding nih lightniclinics, message held yes, in white coats. democrats say they were outraged by all of this ugliness, but not angry enough to stop them from raising money, the committee raised $800,000 the first day of the shutdown, for charlie rangle of new york. as one democrat pointed out, there is hardly anybody working there, there is no towel service, we're doing our own laundry and pay a fee to belong to the house gym. so this is no different than if you're working for an employer that offers a wellness plan. maybe he forget that taxpayers
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pay for his crunches. carol costello, atlanta. >> the approval rating, why it is in the gutter. >> i don't understand, single digits in some case. we're back after the break. >> cnn coverage, around the world, standing by on more of the events in washington, please stay with us. [ male announcer] surprise -- you're having triplets. [ babies crying ] surprise --
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