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1、(CNNStudentNews)--June2,2011DownloadPDFmapsrelatedtotoday'sshow:TranscriptTHISISARUSHTRANSCRIPT.THISCOPYMAYNOTBEINITSFINALFORMANDMAYBEUPDATED.CARLAZUZ,CNNSTUDENTNEWSANCHOR:Hi,I'mCarlAzuzandthisisCNNStudentNews!It'sJune2nd.Andinourpenultimateprogramoftheschoolyear,we'restartingthingsoffonWallStreet.
2、FirstUp:HeadlinesAZUZ:Talkingaboutthestockmarket,andyesterdaywasnotagoodone.ExpertsusetheDowJonesIndustrialAveragetogetanideaofhowthewholemarketisdoing.TheDowdropped280pointsyesterday.ThatistheworstdropsincelastAugust.Nextuptoday,northernAfrica,whereLibyanLeaderMoammarGadhafi'sforcesarefightingagai
3、nstrebelsinacivilwar.Othercountriesareinvolvedinthis,too.TheU.S.,Britain,France:They'repartofamilitarycoalitionthat'sbeingledbyNATO,theNorthAtlanticTreatyOrganization.ThegoalofthatcoalitionistoprotectLibya'sciviliansduringthiscivilwar,andNATOsaysit'sextendingthatmissionforanother90days.Alotofwhatth
4、ecoalition'sbeendoingiscarryingoutairstrikes,likethese.They'retargetingColonelGadhafi'sforces,hiscompounds,andtryingtolimithismilitaryresources.TheconflictinLibyahasbeengoingonsinceFebruary.Recently,severaltopofficialshaveleftGadhafi'sgovernment.ThatincludessomegeneralsintheLibyanarmy.Oneofficialwh
5、oleftthegovernmentyesterdaysaidthatit'sinshambles.DebtCeilingDebateAZUZ:TurningtotheU.S.governmentnow,whereabigtopiconCapitolHillisthecountry'sdebtceiling.Thatistheamountofdebtthatthegovernmentisallowedtohave.PresidentObamawantstheceilingraised.RepublicansinCongresssaytheywon'tdothatunlessthegovern
6、mentmakessomecutsinspending.Infact,onTuesday,theU.S.HouseofRepresentativesvotedagainsttheideaofraisingthedebtceilingwithoutmakingspendingcuts.ChristineRomansisheretohelpusgetabetterpictureofwhat'sgoingon.Christine,let'sstartoffwiththequestion,whatexactlyisthedebtceiling?(BEGINVIDEO)CHRISTINEROMANS,
7、CNNBUSINESSCORRESPONDENTANDANCHOR:It'sbasicallyAmerica'screditlimit.Congresssetsthecaponhowmuchmoneythecountrycanspendtopayitsbillsandtopayourinterestpayments.Thedebtceilingissortoflikethecreditlimitonyourc
