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Roundtable on the Looming Debt Crisis

http://cptv.vo.llnwd.net/o2/ypmwebcontent/Catie/Where%20We%20Live%2007-29-2011.mp3

Yesterday, Republicans who control the house finally addressed the issue that's been gripping the nation: Naming Post Offices.

Yes, when it became clear that House Speaker John Boehner's two-stage solution to avert the debt crisis was not going to get enough votes from within his caucus, the House quickly turned to the important task of naming the Post Offices in Peoria and Pasadena.   

Now, with warnings of catastrophe coming when the country reaches its borrowing limit Tuesday - it's back to more "negotiations" in a town where compromise seems almost impossible.

In Hartford, negotiations over a budget deal ended long ago - now, its up to rank and file union members to vote on their own kind of "two-stage" solution.  Stage one ended with rejection of a concessions package negotiated by Governor Malloy and union leadership.  In stage two, a "clarified" deal will get a re-vote, under new rules.  Much like in Washington, we hear of "catastrophe" if it's not passed.

Today, where we live, our reporter roundtable tries to talk us off the cliff.
 

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