>>shepard: i'm looking forward to hearing speaker boehner in a moment. ike from capitol hill and ed henry at the white house we will rely on you for analysis. the speaker was to have begun five minutes ago. it has been delayed throughout the day. the moment it begins we will take you there live. the lawmakers who hammered out the deal in washington, dc admit it is far from perfect. a sticking point is proposed cuts to the military and critics say that could put american troops in harm's way. and now to the pentagon. i spoke with the chairman of the armed services committee about the cuts and the hope is to reduce waste. >>guest: and i spoke to him when the gang of six plan and senator harry reid's plan included $800 billion of defense cuts over ten years and this bill being voted on is talking about $350 billion being cut during that period. house armed services committee chair carry as card in his pocket and on it it shows how the military has shrunk in the past 20 years. the army has 76 brigades in 1990 and now just 45. there were 546 navy ships in 1990

and so that's why you assume that speaker boehner will sit up there and say, look. we made this pledge about a dollar for dollar and debt ceiling and spending reductions. that's what this deal was. that was the base line pledge that john boehner came up with even before he took the gavel. before the gavel was handed to him. when it came to this debt ceiling. that standard has been met here so you get the sense that at some point he's going to deliver that message. we know very late in the game last week, while he's been a soft seller most of the time in this stuff, he can draw a hard line when it's -- in this var late part of the game. >> how does nancy pelosi deliver on her side? if they need potentially 90 to 100 of the democratic votes and you have the kind of rhetoric we're hearing from the congressional black caucus, from the progressive caucus and they are not happy about this, what does she say to her folks? >> she is so good at vote counting. she and her leadership team are unerring in their ability to count heads and to get loyalty. they've earned respect a

will speaker boehner gets his will speaker boehner gets his bill on the new deal next.cat chow helps you well-being. we're all striving for it. nurture it in your cat with a full family of excellent nutrition and helpful resources. purina cat chow. share a better life. challenge that with olay regenerist night elixir. its gentle glycolic formula resurfaces at night for the smooth skin of a light chemical peel. sleep ght. regenerist, from olay. excuse me. him? he's helping me get back to normal. hey, i don't even live in a floodplain. but i've got flood insurance, so i'm covered. how's that? nice. flood insurance, it helps make your home a home again. or, your me a me again. ooh, check it out fred, new foundation. got any of those in my size? [ female announcer ] only flood insurance covers floods. for a free brochure, call the number on your screen. >> tlooegs a deal on the table but only on the table. no one knows if it will pass in the house and the senate. meanwhile the world is watching our economy has an impact on the entire world. yes it has an impact directly on

can speaker boehner and leader pelosi turn dozens of nays into yeas in 24 hours? >> the meter's running. investors around the world giving america the thumbs up. markets looking good so far in asia and europe. hold your horses, it may not last very long. stuart varney here to tell us about the street of dreams. >> the plane crashed and split in two and every single passenger escaped alive but don't thank the rescue

speaker boehner senate majority harry reid and mitch mcconnell says there is a deal. not so fast. that is just the leadership. it's not over. what about the raipg and file. the leaders must convince the rank and file already there is express content. will the tea party caucus and tore bead doe a deal. what's the deal? >> what is the dole? that's a great question. tell you what we are seeing. already in the house he is putting out a power point to do that. senator reed finished doing the same thing in the senate. it is interesting we just found something different there is a democratic alternative to the balanced budget amend am possible in this deal. the plot thickens as to whether that changes in this make scombrup in the list of things that is in this deal. >> democratic alternative. that's not a particularly encouraging sign. balanced budget is significant to the budget of the gop and the house. >> there are different versions of it. i believe it was created senator mark udol of colorado. it's a different version of the balanced budget amendment that would not require two-third

what did we learn about speaker boehner? he presides, he doesn't necessarily lead that republican caucus. he has a hard time trying to corral these folks. it always has been joked it is the senate, it is like herding cats. that's not the case. he presides over a coalition. while they may be closer than they realize, they don't act that way. whether it is a tea party conservative or some of these more mainstream conservatives. they're a lot closer on the issues, but they don't act that way and it makes it very hard for them to govern. they may have won the policy fight, but they did not necessarily make the case they're ready to govern. what did we learn about the republicans and the tea party? this is an uneasy coalition. you see some mainstream republicans who had quietly been griping about the tea party for months and showed some of that fresh, lets that frustration show. does it do collateral damage or create problems down the road in the presidential primarys? we'll be watching for that. in the house, republicans and dem

boehner again. one mohammed. >> -- signed into law to solve this debt crisis and help get the american people back to work. >> there we are, michelle. that was speakern boehner saying he's getting the debt crisis behind him and wants to get on with creating jobs, and getting the economy going again. but is this deal going to make any difference to the economy? >> well, this deal isn't going to put the debt crisis behind us on some level. what they're doing is punting. we're going to have a super congress come in. we're going to debate this, and they'll be talking, and nobody's still dealing with things like entitlements. as we've heard, tax increases will be on the table going forward. the idea that this has solved anything in the big picture is completely just bizarrely optimistic. >> indeed. strange, historical revisionism from some member. for mow, michelle cottle, thank you very much. >>> we'll be right back. an accident doesn't have to slow you down. with better car replacement, available only from liberty mutual insurance, if your car's totaled, we give you the money to buy a car that's one model-year newer... with 15,000 fewer miles on it. th

why are we still waiting to hear from speaker boehner? why hasn't this been put to a vote yet? orter: they want to make sure they have all the votes. we're getting reports the speaker told diane sawyer at abc news, this comes from somebody at abc, jessica yellin saw this tweet, the speaker told diane sawyer he did have the votes. but you never know until you know. and they're clearly trying to convince the sort of recalcitrant republican that is they need to do this for their own good even if they don't like everything in it. and nancy pelosi has to make the case to democrats that they're going to get a second bite of the apple on the revenue issue after this joint committee reports. so each side has to -- it's going to come down to the wire here. a few votes one way or another, the speaker knows he's going to lose about 80 of his conservatives. so he's got to make sure he's got his ducks in a row. >> let's explain that. to your point about potentially taking up some revenue increases, i think the cbo estimated $2.1 trillion today. so this thing happens in two stages. so initial

speaker boehner senate majority harry reid and mitch mcconnell says there is a deal. not so fast. that is just the leadership. it's not over. what about the raipg and file. the leaders must convince the rank and file already there is express content. will the tea party caucus and tore bead doe a deal. what's the deal? >> what is the dole? that's a great question. tell you what we are seeing. already in the house he is putting out a power point to do that. senator reed finished doing the same thing in the senate. it is interesting we just found something different there is a democratic alternative to the balanced budget amend am possible in this deal. the plot thickens as to whether that changes in this make scombrup in the list of things that is in this deal. >> democratic alternative. that's not a particularly encouraging sign. balanced budget is significant to the budget of the gop and the house. >> there are different versions of it. i believe it was created senator mark udol of colorado. it's a different version of the balanced budget amendment that would not require two-third

it is speaker john boehner. >> greta: not to take away from speaker boehner. i have a slightly different -- i think it is the tea party that has shaped the national agenda. who knows what speaker boehner would have done. the tea party and the people they've elected that have held the feet to the fire of the republican party. i'm curious, would the -- would speaker boehner have done the same, but for the influence of the tea party within his party? >> i think he would. boehner's insphinxes -- for example he's never been in favor of earmarks. he considers them corrosive, corrupting never accepted, sought or want an earmark for his district. that is being tea party before tea party was cool. i think the tea party has at times stretch ed boehner's hands and at times weakened his hand. -- a testament to his leadership that he has taken the voice of the caucus and embodied it in the policy. i was struck by a comment that boehner made nay private dinner a tended in texas last year. boehner, a couple from ft. worth and me having a steak with boehner in a restaurant on

so i proudly stand here and i will support this bill, i will support speaker boehner and i will bring solutions to the problem, not just bickering. with that i yield back. the speaker pro tempore: the gentleman from massachusetts seeks control of the time of the gentlelady from new york? mr. mcgovern: i do. the speaker pro tempore: without objection. mr. mcgovern: thank you, mr. speaker. d like to yield one minute to the gentlemafrom virginia, mr. moran. the speaker pro tempore: the gentleman from virginia is recognized for one minute. mr. moran: mr. speaker, we have never cut our way out an economic recession. we've always grown our way out. but we've never grown our way out investing less than 15% of our g.d.p. in our people's potential. in fact, the last time we cut back on the way we're about to do today was in 1937 and that set us right back into an economic depression. but this time we're not going to have world war ii to rescue our economy. the federal investment in homeownership and higher education for our returning g.i.'s and the subsequent infrastructure investments in inte

pelosi, speaker boehner, and they worked this out. i'm not going to stand her and listen to this continued debate of how we are mean to people. i don't think anybody on that side of the aisle believes that president obama would do the horrible things that the people are indicating they would do. i just don't believe it, and i yield back. >> the gentleman's time expired. the gentleman from massachusetts. >> mac, i yield myself 10 seconds. if the bush tax cuts are great, where are the jobs? it's wrong to have the middle class in the country bear the burden of balancing the budget while the donald trumps get tax cuts. there's something wrong about that. i yield one minute to the gentlewoman from texas. >> the gentlewoman from texas is recognized. >> mr. speaker, this is a tough place to put america, not members of congress. we are paid to come here and do our job, but it's a very tough place to putt america, and so i have a simple state of facts to present today, and listen to my other colleagues, which i will, because it's a tough decis

baldwin shot him that question. >> speaker boehner are you confident you have the votes tonight? >> adorable little -- he spiled, he was -- he said yes. >> i saw a nod. >> i saw a little -- we'll find out soon enough. >> it was adorable. >> the aye's have it. >> they have the kwoer um called. they're going to get the start of this vote right now. >> recorded vote -- sufficient number having arisen a recorded vote is ordered. members will record their votes by electronic device, this will be a 15 minute vote. it's official now, 435 members of the house of representatives. there are two or three vacancies for illness, and a couple members are not there right now. they have 216 votes. the voting has started, you have 54 yays and 16 nays. we're going to watch this very, very closely as we see what's going on. just keep it on the screen, i think our viewers are going to want to see. the magic number right now is 216. once they get to 216 it could pass. if there's time remaining, and you see at the bottom of the screen the time remaining, members can still change their votes. it's not

house speaker john boehner's plan didn't make it through on friday. we're going to go in two stages but ultimately we need the same outcome which is significant debt reduction. >> reporter: a bipartisan committee will need to find further cuts to allow a second increase in the debt ceiling through early 2013. late, this afternoon senator reid signed off on the agreement, sending approval of fellow democrats. a sticking point is whether an agreement would include a vote on a balanced budget relative humidity. it has support of conservatives, especially in the house. >> holding out the threat that if you don't pass the constitutional amendment you can't let the economy continue is not a good safe bargain. >> reporter: if no agreement is reached, the government says it will run out of money to pay its bills tuesday. we are just getting a news alert from the "associated press" reporting that obama, boehner and the democrats have got a deal. what will happen next is speaker boehner will get to the phone, try to present that to his congressional republicans

the focus of attention today, the office of speaker of the house john boehner where the headlines anders tell part of the story. >> we're told they are retooling their bill. >> a planned vote on the speaker's republican debt limit bill has been put on hold. the math is flawed, it turns out, and the speaker has to find more items to cut. >> try to get to yes. >> reporter: for democrats this opens the door for senate majority leader harry reid's competing bill. it sets up a clash of the d.c. titans. our cameras catch up with senator reid during his daily early morning power walk. at least that's how he refers to his workouts. a few blocks away in what could easily be mistaken for a capitol hill frat house -- ♪ come and knock on our door ♪ -- some of his top deputies are looking for a way to bring the democrats' plan back into the picture. democratic senator chuck schumer of new york and george miller of california are roomies, sharing a home as a lot of people do here to save on rent. >> did you close up the cereal before you left? >> reporter: their other housemate, dick durbin of illi

so i proudly stand here and i will support this bill, i will support speaker boehner and i will bring solutions to the problem, not just bickering. with that i yield back. the speaker pro tempore: the gentleman from massachusetts seeks control of the time of the gentlelady from new york? mr. mcgovern: i do. the speaker pro tempore: without objection. mr. mcgovern: thank you, mr. speaker. i'd like to yield one minute to the gentleman from virginia, mr. moran. the speaker pro tempore: the gentleman from virginia is recognized for one minute. mr. moran: mr. speaker, we have never cut our way out an economic recession. we've always grown our way out. but we've never grown our way out investing less than 15% of our g.d.p. in our people's potential. in fact, the last time we cut back on the way we're about to do today was in 1937 and that set us right back into an economic depression. but this time we're not going to have world war ii to rescue our economy. the federal investment in homeownership and higher education for our returning g.i.'s and the subsequent infrastructure investments in

speaker boehner's 1, 2, and 3. and so it's important thing for all of those members, especially on the right of speaker boehner. >> shepard: of course. it gives them something to talk about when they go back to their constituents. bret, that's not to say that were they to do such a thing right now, it would have to pass by two thirds majority in the house. two thirds majority in the u.s. senate. then have to be sent to the legislators of all 50 states and three quarters of the legislators would have to approve it. that's how an amendment to the constitution works. >> sure. that's not going to happen. it's not going to happen any time soon. not going to happen really a democratic majority in the senate that's convinced that this is not the right move. what prubs have said they want to go out to the american people and sell this and then let's listen in, i suppose, to the speaker. [ applause ] >> does the gentleman from utah rise? many many without objection to order. >> many [inaudible] opportunity kids who are at t

the closest, though, has been speaker boehner. vice president biden and then speaker boehner. >> this is a cycle. i predict to you that a lot of those new members who came here with my way or the highway, they'll either be on the highway or they'll learn that they have to have compromise. >> you were unable to get your own caucus behind your bill a few days ago. do you intend to remain speaker of the house? >> i do. and when you look at the final agreement that we came to with the white house, you know, i got 98% of what i wanted. i'm pretty happy. >> all right. speaker boehner is the closest i've seen anybody come to trying to take actually claim some victory in all of this. nobody seems to want to. >> nor should they. to take the vice president's analogy, who is the roadkill here, the democrats did not get a lot of what they wanted. there is an argument that it was necessary to do the deal. i'm glad it passed the house. i'm glad it is going to pass the senate. i'm glad that this moment is behind us, but i really worry about the

speaker boehner put revenue on the table. when he went back to close the deal it was now $1.2 trillion they needed. at the end of the day this joint committee should look at what president obama and speaker boehner tried to do to cut $4 trillion in deficits and get their ideas and try to see if we can find a bipartisan way forward but obama health care wasn't passed by the tea party. the stimulus package wasn't passed by the tea party. the tea party didn't increase the debts by 35%. the tea party is not the problem here. this president has failed to lead and any other private sector enterprise he would be fired. he was asking to run a football team they wouldn't hire them him. if he was trying to be a ceo for a second contract he wouldn't be hired. we've got a chance to win as republicans but howard dean is right. we have to be for things. i'm for a balanced budget amendment that would require both parties to do what we should have done a long time ago. i am for adjusting entitlements and closing loopholes in deductions, brin

>>neil: have you heard anything back from speaker boehner or the other leaders?uest: speaker boehner made an announcement saying it is the senate's fault and they should act and if anyone comes back it should be the senate and there is truth to that, the senate is more dysfunctional today. the filibuster has taken over. and the speaker runs the house of representatives, and speaker boehner could call us back. they is kept the house in for most of the month in a technical session, but, primarily, to prevent president obama from making recess appointments. we should get back do work, our problems are accumulating so fast we cannot afford to come back september 7th and say i didn't know that was happening. congress is busy talking constituents but we need to do the work in washington because a lot of my colleagues have not learned the programs have not studied the cuts. and now is the time to do that. >>neil: congressman, thank you very much. we are sitting on record amounts of cash, more anger from the president today about it, and what does it take to get the comp

secondly, i listened to speaker boehner and his comments.appears to be a deal which he introduced and i voted against. thirdly, i'm not sure how medicare, medicaid and social security would not be up for grabs. i have to see that and be assured of that. fourthly, i don't know where the cuts will take place. who will get hurt? obviously if you are talking about discretionary spending it's the poor, low income individuals, working poor and middle income people. i would suggest if the facts are accurate we will see more people falling into poverty and we'll see this create more job loss. we should see a bill to help us keep from going off the brink in terms of economic disaster looming. we have to have a bill. however, i want to remind you the debt ceiling has been raised many times under democratic and republican presidents. we should have raised the debt ceiling. i think it was a fundamental mistake to engage in negotiations around lifting the debt ceiling. we have to create jobs. >> with only a day left you can look back and say the presiden

we are waiting for house speaker john boehner.eak live here on cnn about 1:30. we're told that that has been pushed back to 3:30. we'll bring to it you live here in the "cnn newsroom" at 3:30 eastern time. the talks are delayed, we're hearing from kate bolduan, it's a bit of a frenzy there. maybe he's working to get some more votes. maybe there's a little bit of talking, negotiating still under way. we expect to hear from him at 3:30. and who knows who will step to the podium? we have a lot of folks on the hill at the white house watching all of this play out. it's a bit dramatic, i must say. whoever does come to the podium, whoever wants to speak, wants to come to our microphone, we'll bring to it you here to talk about the debt ceiling as it happens. we won't let you miss a moment. >>> let's get to the white house where our dan lothian is standing by. what is the late tles at this hour? >> reporter: what's happening here at the white house behind the scenes is the hard sell job making sure they can get the democrats in the house

a conference call at 8:30 with house speaker john boehner. >>> senate democratic leader harry reid has already signed off on the deal but his support is pending the approval of his fellow senate democrats. >>> and house speaker nancy pelosi, the former house speaker, i should say, nancy pelosi said recently she wants to see the final product before she can support it. she meets with house democrats tomorrow. >>> make sure you join wolf blitzer and i at 9:00 p.m. eastern, one hour, where we'll have a special report on the debt crisis. we will see you then. >>> tonight on "cnn presents" -- addicted at birth. >> what's she going through because she's just a little baby? and she can't talk and she can't tell me how she feels. >> america's pain pill epidemic. it is the youngest generation. >> we're seeing more babies being born addicted to drugs. "beasts of war." >> next thing you know, i was staring a porpoise right in the face. oh, just got me again. >>> a once top-secret military program that's enlisting animals to protect the country. >>> but first, inside a polygamous sect. >> we're de

turned the debt ceiling which is normally a routine thing into a big scandal, and also pushed speaker boehner into a corner and browbeat him, and some argue stabbed him in the back. what do you say of that? >> no, the tea party movement represented a spontaneous movement of american shock and concern over the spending going on in washington. we cannot possibly justify members of congress can't that they are borrowing 42 cents of every dollar spent. this is irresponsible so they demanded change, and elected a lot of new people. they have been called terrorists. i would say they put some terror in the hearts of big spenders. they are people who care about america, and i think that they have helped to move us from a discussion of how much we can spend into how much can we actually save and how can we get the spending and debt under control? >> i mean, the fascinating aspect of the tea party is their emerging political power, and n question, they have been at the forefront of the last two weeks, and as a republican, are you concerned about that, or do you embrace it? >> i embrace it. they are fun

mcconnell has stated on the floor, i've gotten to know him and speaker boehner a lot better this past month or two. especially the speaker. even though i disagree vehemently with the direction the speaker's legislation took with no bipartisan support at all, it is not the product we have here. the product we have here is one of compromise. the winners, without trying to outline who the winners are, there is principally one winner through this, and ities american people. we settled for less than what we wanted, so do did my friend, the leader of the republicans, settle for less than they wanted. that's the way legislation works, the way compromise works. but i can't let go without responding to my friend who boasted about in his own way about this -- the new senators and the new members of congress who came here. i welcome them all, but a result of the tea party direction of this congress the last few months has been very, very disconcerting, and very unfair to the american people. it stopped us at arriving at a conclusion much earlier and we must go forward. and also, mr. president, i

now we are just told that house speaker john boehner has left the capitol building.e had this long power point presentation. he was on the phone with all 240 members. and that is clearly where the real fight and the real question mark is. let's bring in our msnbc political analyst richard wolffe, arth of "engade: the making of a president." shira toeplitz. jonathan alter with us also. richard, do you think this is going to get done? >> yes it will get done. you have all four leaders on the house and senate saying it's going to get done. everyone would question if it didn't get done. as we just heard from the congressman from new york, we've all been saying, there's lots here conservatives don't like. i don't really see what conservatives wouldn't like. the balanced budget language is still in there. the taxes. the president says everything is on the table. according to speaker boehner's presentation, it's, quote, effectively impossible to increase taxes in that very second phase that the president says everything is on the table in. so, you know, they cannot both be

now we are just told that house speaker john boehner has left the capitol building.is long power point presentation. he was on the phone with all 240 members. and that is clearly where the real fight and the real question mark is. let's bring in our msnbc political analyst richard wolffe, arth of "engade: the making of a president." shira toeplitz. jonathan alter with us also. richard, do you think this is going to get done? >> yes it will get done. you have all four leaders on the house and senate saying it's going to get done. everyone would question if it didn't get done. as we just heard from the congressman from new york, we've all been saying, there's lots here conservatives don't like. i don't really see what conservatives wouldn't like. the balanced budget language is still in there. the taxes. the president says everything is on the table. according to speaker boehner's presentation, it's, quote, effectively impossible to increase taxes in that very second phase that the president says everything is on the table in. so, you know, they cannot both be correct

. >> reporter: house speaker john boehner is telling members it lives up to the gop principles on taxes and spending hoppings to have it on the floor for a vote as soon as possible. >> no votes are expected until tomorrow to give members more time to review the details. >> just because the deal originated in the senate can it pass in the house? >> reporter: the idea here it is more likely. definitely more here for democrats and the idea in the house at least is that if those democrats are interested in this bill that even if speaker boehner loses some votes on the tea party side that those house democrats that do support this measure could help get across the the finish line but you can be sure congresswoman nancy pelosi and speaker john boehner is going to be whipping this vote in the morning. >> now that a deal has been reached. what does that mean for us? trashing $3 million over a decade. that's 12 zeros. so lindsey lohan ye asks who would feel the impact of those cuts? >> reporter: child care, social services and education are just some of the programs funded in california with $79

pat, would you agree with speaker boehner? did he get 98% of what he wanted?> i do think that speaker boehner did entertain the idea of being a participant in a really grand bargain with the president that he did not get. there's no doubt, reverend al, there were a number of turnovers by speaker boehner, but at the end of the day, no doubt that john boehner was a big winner as was mitch mcconnell and the tea party. >> was it 98%? >> i don't know that he got 98% of what he wanted. i'd say he got about two thirds of what he wanted. i do agree when they say, look, they fairly small gruel we got here when you get down to the real cuts. they're dissatisfied as you've heard. i understand why, we're a long, long way from a balanced budget. >> so if they got two thirds, to 98%, then are we telling the american people, pat, that the republican party really wanted to delay this, not to christmas, what they really wanted to 2013, they wanted to cut the defense budget more than it's ever been quit since the '90s. they really wanted to deal with all of these things that we

. >> speaker boehner, stop this nonsense. >> shepard: but the speaker says this is all democrats' fault. and either way a lot of lawmakers have already left town. >> come back to washington. leave your vacations. just for a couple hours. come back, congress. >> shepard: now the white house is considering some options. >> this is an example of a self-inflicted wound that is unnecessary. >> shepard: but it's not just about money. it's also about unions. tonight, the flight spike in washington and how much it's going to cost us all. and death by turkey burgers. tonight, the turkey illness that's sweeping the country. plus, casey anthony's legal team takes action after a judge orders her back to florida. >> we have told her attorney that she needs to be here by no later than 10:00 a.m. tomorrow morning. >> right now, we're filing one motion to set aside and vacketd that vacket that stupid order that was entered. >> tonight why they say her life is at risk if she returns. >> first, from fox this wednesday night, the president says now that the debt limit deal is done for now, it's time to fo

at 5:00, the senate majority leader asked speaker boehner to pass another clean version.y don't think the house version is clean enough. it's a continued fight over -- no one wants to furlough the workers. this is irreparable damage to the economy. they are having an argument and the senate is the one that won't accept the one preventing a furlough. >> bret: that made sense. for those following at home. it's much like the cup, cap and balance that passed the house originally in the debt ceiling back and forth. the senators say this is imperative to get the people back to work. speaker boehner says the only reason they're at stake is the democratic leaders choose to play politics. this depends on your point of view. bottom line they're out of work currently. this could be 1 billion if they don't resolve it until september. airlines jack up ticket prices to take the additional money. >> the airlines, the ticket prices are staying the same. the airlines get the money and not the government. the house passed the extension and had nothing in it that wasn't in the senate bill.

i applaud the efforts of all those who helped craft this agreement, especially speaker boehner and leader cantor. i urge my colleagues to recogne this opportunity to fix what is broken in washington and use this occasion significantly cut runaway spending. mr. speaker, i urge a yes vote and i reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from michigan. mr. levin: thank you. i now yield two minutes to my friend, a most distinguished member of the ways and means committee for a long time, mr. charles range of new york. the speaker pro tempore: the gentleman from new york voiced for two minutes. mr. rangel: thank you, mr. speaker. while i stand on this floor as an american and a person that loves this congress so much and i'm embarrassed also as a member that a president of the united states would have his domestic and foreign policy actually held hostage because with him and only him and no other president have we decided that we would almost put in jeopardy the faith and fiscal responsibility of this country paying it

that is unknown right now, because last week we saw firsthand that speaker boehner is not able to get 216 republican votes for his original plan which was further to the right of this one, and he is going to need to get between 120 and 130 and it is not known if he can do that. now, on the democratic side, you mentioned groups upset with this deal and specifically the progressive caucus and black caucus, and the general consensus from what i have heard with the democratic aides is that nancy pelosi will do her absolute best in trying to corral the groups together and in rank and file democrats and saying, hey, look, we have to get to 95 or 100 votes, because the president needs us, and he needs us for the re-election and they got the debt limit issue off of the table until 2013 and we need the president's back on this, and that is what i am told her message is. and don't forget that nancy pelosi is the most prolific fund raiser in the democratic caucus and she has credit in that regard. so the questio is, chris, can john boehner get to that 120, 130 number? the words in the conference

that is unknown right now, because last week we saw firsthand that speaker boehner is not able to get 216 republican votes for his original plan which was further to the right of this one, and he is going to need to get between 120 and 130 and it is not known if he can do that. now, on the democratic side, you mentioned groups upset with this deal and specifically the progressive caucus and black caucus, and the general consensus from what i have heard with the democratic aides is that nancy pelosi will do her absolute best in trying to corral the groups together and in rank and file democrats and saying, hey, look, we have to get to 95 or 100 votes, because the president needs us, and he needs us for the re-election and they got the debt limit issue off of the table until 2013 and we need the president's back on this, and that is what i am told her message is. and don't forget that nancy pelosi is the most prolific fund raiser in the democratic caucus and she has credit in that regard. so the question is, chris, can john boehner get to that 120, 130 number? the words in the conferenc

speaker boehner's gavel. it's time to get serious. >>> plus, eric cantor makes a shocking admission. oi of your mone rtual wallet. it comes with a calendar that shows you all your finances at once. it lets you know when your money's going out. and when it's coming in. it even tells you when you're running low. we call that danger days. it's built to help you see your money in a whole new light. experience everything virtual wallet has to offer at pncvirtualwallet.com. pnc bank. for the achiever in you. ♪ an accident doesn't have to slow you down. with better car replacement, if your car is totaled, we give you the money for a car one model year newer. liberty mutual auto insurance. and started earning loads of points. you got a weather balloon with points? yes i did. [ man ] points i could use for just about anything. ♪ ♪ there it is. [ man ] so i used mine to get a whole new perspective. ♪ [ male announcer ] the new citi thankyou premier card gives you more ways to earn points. what's your story? citi can he

speaker john boehner's fact sheet says that it would get cut across the board. the white house says medicare beneficiaries are protected. we're going to try and get clarification. more details should come out after more members actually read the measure. >> you know, i haven't seen the legislation yet. i haven't had an opportunity to read it. >> too often we're asked to vote on legislation where we haven't even had an opportunity to read it. so i definitely want to read exactly what is in this deal. >> i haven't seen it in writing the final product. as you know with these things, the details on important. >> details are important. you can almost hear the world markets sigh with relief that the u.s. might avoid default. asian stocks rallied after president obama announced that a deal had been reached. we're joined in a moment from hong kong with details. u.s. stock futures, by the way, are way up this morning. remember last week -- you probably would rather forget how the market did last week. it was the worst week in more than a year thanks in no small part to t

mean for house speaker john boehner of ohio. he defined the terms of the debate in ways that were unusual for in the house speaker. it was a rocky road along the way. the questions that remain -- what is the lingering effect? yesterday, 66 house republicans voted against this. we will be looking at whether we will be looking at whether the house republicans can move beyond this and there have been some differences in approach among republican leaders with speaker boehner. that is something that we will see how it moves forward. host: is the speaker vulnerable to the threat to that post? guest: no. last week, there were such questions about what would happen to boehner. last week there were questions if whether the house would even pass the bill. for now, given that this is about to be enacted, and the healthy votes yesterday, i think this is pretty positive for him. the one question they will be looking at in august is the political impact of all of this. how it will play out at home for members of congress. the polls have shown

minority leader nancy pelosi voted in favor of the bill, along with 174 republicans including speaker john boehner who traditionally the speaker does not vote on legislation. during the vote the house of representatives applauded arizona congresswoman gabrielle giffords who appeared in the capitol and cast her first vote since she was critically wounded in the january tucson shooting rampage. she voted in favor of the legislation. senate majority leader harry reid announced the senate has reached a unanimous consent agreement to do a roll call vote tomorrow at 12:00 noon. the bill is then expected to pass and head to the president's desk, where he said he will sign the legislation into law just hours before the united states would have defaulted on its obligations. the bill creates a bipartisan congressional committee to recommend by thanksgiving more savings, $1.3 trillion in savings over the next ten years. they spent today selling the compromise to progressives who said it cut too much and two tea party republicans who said it didn't cut enough. >> the truth of the matter is there is sort of a

and i'll start with speaker boehner. it should be noted he helped set the terms early on about imposing any debt limits that didn't include any cuts that were greater than the amount the debt limit would be raised. and he stuck to his guns. he figured i've worked it shoulder to shoulder the past few months and that's certainly been a pleasure. he's been a real partner and i assure my colleagues we wouldn't be here without him. i want to thank the speaker and the entire republican leadership in the house for standing on principal, and i want to thank my republican colleagues here in the senate for their determination, their ideas, and their support. we wouldn't be here without them either. i want to thank my friend the majority leader for his work in getting the agreement over the finish line. we may disagree a lot, but i hope everyone realizes it's never ever personal. and i think today we can prove that when it comes down to it, we'll get together when the greater good is at stake. i also want to thank the president and

was speaker boehner bold enough in his efforts to get it done? >> no, this is probably the best deal washington could get right now. my argument is that we don't need a deal. i mean, we are bankrupting future generations and we need a solution, and this is not big and bold, but the best deal that the speaker could get, but we need something profound to change the way that the town spends money or our kids and grandkids will never forgive us. >> and i watched the press conference when the leaders came out, speaker boehner and others and they talked about the change of the tone at least in washington, and they wanted more, and this was not a perfect deal. but is there a lesson of compromise here, because if you ask someone on the left, they will say that the right is not compromising and if you ask someone on the right, they say that the left is not compromising, so is this a lesson of compromise and how things happen henceforth in washington? >> well, ultimately, what was passed tonight and what will be passed tomorrow in the senate is a compromis

speaker boehner walked from those talks twice. speaker boehner's account as you know, look president obama was moving the goalpost and trying to add more taxes on and that's why he walked. republicans will point out, look they voted for the ryan budget which added more deficit savings. they were pushing cut, cap and balance, et cetera both sides will be pointing fingers. at the end of the day there's one president and that president now has become the first in u.s. history to have debt downgraded on his watch. >> greta: how much is he engaged to stall or have standard & poor's take another look? >> the early sense is the president and his top staff were not necessarily heavily involved. the treasury department was. because it was -- it landed on their lap. before the president got on to marine one to go to camp david for the weekend we saw in the oval office he was meeting with secretary geithner, 3 p.m. eastern time or so before he got on the helicopter to go. you can bet they were discussing this. >> greta: did they try to act l