rick klein will be joining us. vw paid online. back to greta. >> greta: where do house democrats stand? what about speaker boehner's new plan. good evening sir. >> how are you? >> greta: well. would you vote for any bill that has any entitlement cut was ? >> i would. i think there's a way we can reduce what we spend in medicare without cutting within fit -- benefits for people. for example, we don't negotiate the prices of prescription drugs on medicare the way the va does that. would save 3 -- 300 billion dollars over 10 years. i can vote for that. >> greta: why don't we negotiate and save 300 billion dollars? whose idea was it not to do that? >> whose idea do you think it was? that the drug companies when medicare part d law got written were concerned about negotiating prices. they had the republicans at the time, write in a provision that said you are not allowed to negotiate the prices. so the people who benefit from the program by selling the drugs are making the deal on this. it is a horrible idea. we should change that >> g

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i want to bring in abc's rick klein, our senior washington editor. and rick, as you know, senator john mccain answered that very here's what he said. question we'll get your reaction here in today a moment. . >> american people, as the president described it, administered a shellacking. they don't want compromise. they want us to balance the budget. they don't think that they need their taxes raised and i don't, either. >> he says taxpayers don't want compromise. but it would seem lawmakers are stuck here. >> reporter: that's right. but the problem here isn't lack of talking. it's that both sides are talking past each other. in fact, we're seeing the two sides get even more dug in and further apart the longer this goes. there is no sign of a breakthrough right now. >> but the money has to come from some where. so, what next? >> reporter: the likeliest scenario is some kind of short-term deal, some budgett cuts and a small increase in the debt ceiling that kicks the can down the road into next year. the problem with that, david, is, it may be a harder

i want to bring in abc's rick klein, our senior washington editor. still, no deal, rick, as you heard there. and real concern about what the market could do. when comes the breaking point for the american voter? >> reporter: we're about to find out. and that's because a new political force is going to emerge in this debate, and that is these financial markets. if they react as negatively as everyone fears that they might, everyone with a 401(k), everyone trying to get a house loan or a car loan is going to feel this in a hurry. it's going to take the politics around this into another realm and really rachet up the pressure to reach some kind of a deal. >> and rick, from your reporting on this, do the leaders who are holding the meetings at the white house, the dueling press conferences, know how angry americans are already? >> reporter: they do. but they think that all of the anger is directed at the other side. same goes for both parties. both are convinced they have the will of the people at their backs. the problem for them is, there is enough blam

rick klein, senior reporter for abc news. join williams, columnist with the hill.yndicated columnist charles krauthammer. tomorrow the house votes on "cut, cap and balance." where are we on this and the back and forth? >> "cut, cap and balance" almost has nothing to do with the debt sealing. this is the republican letting off steam. this is important piece of political positions. the white house saw it as such and they know they have to fire back with a political response. this is a side show what is going on with the debt ceiling negotiation there is talk of a backup plan and the two sides are fundamental will opposed to what needs to be done. >> bret: juan, the president met privately at the white house sunday with the house speaker and the house majority leader. we didn't know about it. he says progress is made and we don't know what that is. >> the white house is still shooting for the big deal. they believe if they talk to mcconnell and boehner they have sympathetic ears to understand the damage that could be done for the republican brand by a failure to make

we have governor pawlenty and rick klein who was a terrible trader he wept out with bret baier last nighti wanted him as a guest. he's back tonight anyway. the feud on capitol hill the most ridiculous rotten feud between two members of congress. then much more. back to you. >> let not your heart be troubled our great, great, great american panel is next. the na, i know pleasing fans is a top priority, 'cause without the fans, there'd be no nascar. just like if it weren't for customers, there'd be no nationwide. that's why they serve their customers' needs, not shareholder profits. because as a mutual, nationwide doesn't report to wall street, they report to their customers. and that's just one more reason why the earnhardt family has trusted nationwide for more than 30 years. nationwide is on your side. >> joining us tonight on the great, great american panel author of the book god wajs you happy. fox news contributor jonathan morris is here. he's the former pollster for clinton i assume bloomberg bernard witman is here. he's a great american god bless him here with a full report national

we have governor pawlenty and rick klein who was a terrible trader he wept out with bret baier last nightt. he's back tonight anyway. the feud on capitol hill the most ridiculous rotten feud between two members of congress. then much more. back to you. >> let not your heart be troubled our great, great, great troubled our great, great, great american panel is next. [ male announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis sympms. but if you have arthris, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. and celebrex is not a narcotic. when it comes to relieving your arthritis pain, you and your doctor need to balance the benefits with the risks. all prescription nsaids, like celebrex, ibuprofen, n