We're one day closer to the October 17th deadline for the U.S. government to either raise the debt ceiling or default on loans from a whole bunch of lenders. But a cadre of so-called “debt-limit deniers” says it’s no big whoop if the U.S. fails to raise its borrowing limit. That's not helping ease worries from America's two top foreign creditors -- China and Japan have warned the U.S. to be careful. Meanwhile, Janet Yellen is the nominee to be the next Federal Reserve chair. We ask Wall Street how they feel about that. Plus, in the latest installment of our "Americans Futures" series, The Atlantic’s Jim Fallows talks about about small towns that aren’t feeling the pain of the government shutdown. Also, stories on emergency philanthropy and Iowa's farmland.
We’re one day closer to the October 17th deadline for the U.S. government to either raise the debt ceiling or default on loans from a whole bunch of lenders. But a cadre of so-called “debt-limit deniers” says it’s no big whoop if the U.S. fails to raise its borrowing limit. That’s not helping ease worries from America’s two top foreign creditors — China and Japan have warned the U.S. to be careful. Meanwhile, Janet Yellen is the nominee to be the next Federal Reserve chair. We ask Wall Street how they feel about that. Plus, in the latest installment of our “Americans Futures” series, The Atlantic’s Jim Fallows talks about about small towns that aren’t feeling the pain of the government shutdown. Also, stories on emergency philanthropy and Iowa’s farmland.