. >> that's what he did in 2011, mitch mcconnell and john weiner was there with the new house, they were intent on cutting the deficit they wanted to pass balance budget amendment before raising the debt limit cut cap and balance bill, it was much more m ambitious than what kevin mccarthy is talking about, a modest deal on spending. i think mcconnellh is sort of in the wing and if the house is unable to get back together and unable to pass anything, there is a chance that mcconnell the end could pick up the phone to joe biden and try to craft a deal they think may be enough folks in the house or except. >> you and others at bloomberg has a story about the options the government may consider when taking care of these issues, what's the genesis of the story, what are you writing? >> a lot of folks have been talking about ways to bypass the house of representatives. it's very inconvenient to have a house of representatives that disagree with you that you need to raise the debt limit and there are various ways of people talking you can raise cash to pay the bill. one of them pretty popular o