and this week, while the senate is struggling to pass a bill filled with phony accounting and washington gimmicks're going to pass another bill, one that was developed with the support of the bipartisan leadership of the u.s. senate. obviously i expect that bill can and will pass the senate and be sent to the president for a signature. if the president signs it, the crisis atmosphere he has created will simply disappear. the debt limit will be raised and spending cut by more than $1 trillion and a serious bipartisan committee of the congress will begin the hard but necessary work of dealing with the tough challenges our nation faces. the individuals doing this work will not be outsiders but elected representatives of the people doing the job they were elected to do as outlined in the constitution. those decisions should be made based on how they're going to affect people who are struggling to get a job, not how they will affect some politician's chances of getting re-elected. this debate isn't about president obama and house republicans. it isn't about congress and the white house. it's about wha

said this week while the senate is struggling to pass a bill filled with phony accounting and washington gimmicks, he talks about his speech that doesn't sound that the republicans in the house of representatives are the least bit interested in the senate -- reid's bill. >> the key is what republicans are interested this is real spending reduction. real spending reforms, entitlement reform. those are all things missing from senator reid's approach. senator reid has come up with what he says 2.7 trillion in saving, much is, as speaker boehner pointed out gimmicks, not real. i don't think that the republicans in the house or senate are going to be for something they don't view to be real, sincere effort of trying to get spending and debt under control. >> greta: how can we are remotely near close. o'-- the two sighs are so far apart and it is -- the the two sides are so far apart it is extraordinary to think anything can be worked out. >> i think the democrats would have to swallow to vote for the bane area approach, a process by which you might get a result on entitlement reform. we all agree unle

said this week while the senate is struggling to pass a bill filled with phony accounting and washington gimmicks, he talks about his speech that doesn't sound that the republicans in the house of representatives are the least bit interested in the senate -- reid's bill. >> the key is what republicans are interested this is real spending reduction. real spending reforms, entitlement reform. those are all things missing from senator reid's approach. senator reid has come up with what he says 2.7 trillion in saving, much is, as speaker boehner pointed out gimmicks, not real. i don't think that the republicans in the house or senate are going to be for something they don't view to be real, sincere effort of trying to get spending and debt under control. >> greta: how can we are remotely near close. o'-- the two sighs are so far apart and it is -- the the two sides are so far apart it is extraordinary to think anything can be worked out. >> i think the democrats would have to swallow to vote for the bane area approach, a process by which you might get a result on entitlement reform. we all agree unle

and this week while the senate is struggling to pass a bill filled with phony accounting and washington gimmicks, we're going to pass another bill, one that was developed with the support of the bipartisan leadership of the u.s. senate. obviously i expect that bill can and will p pass the senate and sent to the president for a signature. and if the president signs it, the crisis atmosphere that he has created will simply disappear. the debt limit will be raised. spending will be cut by more than $1 trillion, and a serious bipartisan committee of the coress will begin the hard but necessary work of dealing with the tough challenges our nation faces. the individuals doing this work will not be outsiders, but elected representatives of the people doing the job they were elected to do as outlined in the constitution. those decisions should be made based on how they're going to affect people who are struggling to get a a job, not how they wi affect some politicians' chances of getting re-elected. this debate isn't about president obama and house republicans. it isn't about congress and the white hous

this week, while the senate is struggling to pass a bill filled with phony accounting and washington gimmicks, we're going to pass another bill. one that was developed with the support of the bipartisan leadership of the u.s. senate. obviously, i expect that bill can and will pass the senate. and be sent to the president for his signature. and if the president signs it, the crisis atmosphere that he has created will simply disappear. the debt limit will be raised. spending will be cut by more than $1 trillion. and a serious bipartisan committee of the congress can begin the hard but necessary work of dealing with the tough challenges our nation faces. >> he made no mention of the proposal he and other gop leaders rolled out a few hours ago. a lot is still in influx and in a moment, we'll talk it over with my panel. >>> first let's start off with jessica yellin who joins us from the white house. what was the president trying to do tonight? at this point is it just about pressuring congress to get his deal done? >> yes. in a word. or to reach a compromise. it was about reaching beyond the congr

this week, while the senate is struggling to pass a bill filled with phone in accounting and washington gimmicks, we're going to pass another bill. one that was developed with the support of the bipartisan leadership of the u.s. senate. obviously, i expect that bill can and will pass the senate. and be sent to the president for his signature. and if the president signs it, the crisis atmosphere that he has created will simply disappear. the debt limit will be raised. spending will be cut by more than $1 trillion. and a serious bipartisan committee of the congress can begin the hard but necessary work of dealing with the tough cha challenges our nation faces. >> he made no mention of the proposal he is and other gop leaders rolled out a few hours ago. a lot is still in influx and in air moment we'll talk it over. >>> first let's start off with jessica yellin who joins us from the white house. what was the president trying to do tonight? at this point is it just about pressuring congress to get his deal done? >> yes. in a word. or to reach a compromise. it was about reaching beyond the congress an

and this week, while the senate is struggling to pass a bill filled with phony accounting and washington gimmicks, we're going to pass another bill, one that was developed with the support of the bipartisan leadership of the u.s. senate. obviously i expect that bill can and will pass the senate and be sent to the president for signature. if the president signs it, the crisis atmosphere that he has created will simply disappear. the debt limit will be raised, spending will be cut by more than $1 trillion, and a serious bipartisan committee of the congress will begin the hard but necessary work of dealing with the tough challenges our facing faces. >>> the individuals doing this work will not be outsiders but elected representatives of the people doing the job they were elected to do as outlined in the constitution. those decisions should be made based on how they're going to affect people who are struggling to get a job not how they will affect some politician's chances of getting re-elected. this debate isn't about president obama and how the republicans. it isn't about congress and the white hou

and this week while the senate is struggling to pass a bill filled with phoney accounting and washington gimmicks, we're going to pass another bill, one that was developed with the support of the bipartisan leadership of the u.s. senate. obviously i expect that bill can and will pass the senate. and be sent to the president for a signature. and if the president signs it, the crisis atmosphere that he has created will simply disappear. the debt limit will be raised. spending will be cut by more than $1 trillion and a serious bipartisan committee of the congress will begin the hard but necessary work of dealing with the tough challenges our nation faces. the individuals doing this work will not be outsiders but elected representatives of the people doing the job they were elected to do as outlined in the constitution. those decisions should be made based on how they're going to affect people who are struggling to get a job. not how they will affect some politician's chances of getting re-elected. this debate isn't about president obama and house republicans. it isn't about congress and the white ho

and this week while the senate is struggling to pass a bill filled with phony accounting and washington gimmicksing to pass another bill, one developed in support of the washington leadership of the u.s. senate. obviously, i expect that bill can and will pass the senate and be sent to the president for a signature. if the president signs it, the crisis atmosphere he has created will simply disappear. debt limit will be raised, spending will be cut by more than $1 trillion, and a bipartisan committee of congress will begin the hard, but faces. the individuals will be elected representatives of the people doing the job they were elected to do as outlined in the constitution. those decisions should be made based on how they are going to affect people who are struggling to get a job, not how they will affect some politician's chances of getting reelected. this debate isn't about president obama and house republicans. it isn't about congress and the white house. it's about what's standing between the american people and the future we seek for ourselves and our families. you know, i've always believed

this week, while the senate is struggling to pass a bill filled with phony accounting and washington gimmicks, we will pass another bill, one that was developed with the support of the bipartisan leadership of the u.s. senate. i expect that bill can and will pass the senate can be sent to the present for his signature. the president signs it, the crisis atmosphere that he has created will simply disappear. the debt limit will be raised, spending will be cut by more than $1 trillion, and a serious bipartisan committee of the congress will begin the hard but necessary work of dealing with tough challenges our nation faces. the individuals doing this work will not be outsiders but elected representatives of the people doing the job they were elected to do as outlined in the constitution. those decisions should be made based on how that will affect people who are struggling to get a job, not how they will affect some politicians chances of getting reelected. this debate is not about president obama and house republicans for it is not about congress and the white house. it is about what is standin

support this week, while the senate is struggling to pass a bill filled with phony accounting and washington gimmicks we are going to pass another bill. one developed with the support of the bipartisan leadership of the u.s. senate. obviously, i expect that bill can and will pass the senate. and be spent to the president for his signature. if the president signs it, the crisis atmosphere that he has created will disappear. the debt limit will be raised. spending will be cut by more than one trillion dollars. and a serious bipartisan committee of the congress will begin the hard but necessary work of dealing with the tough challenges our nation faces. the individuals doing this work will not be outsiders. but elected representatives of the people doing the job they were elected to do, as outlined in the constitution. those decisions should be made based on how they are going to affect people struggling to get a job, not how they will affect some politicians's chances of getting reelected. this debate isn't about president obama and house republicans. it isn't about congress and the white house. it is

and this week, while the senate is struggling to pass a bill filled with phony accounting and washington gimmicks, we're going to pass another bill. one that was developed with a support of the bipartisan leadership of the u.s. snaflt obviously, i expect that bill can and will pass the senate and be sent to the president for signature. if the president signs it, the kris atmosphere that he has created will disappear. the debt limit will be raised. spending will be cut by more than $1 trillion. the serious bipartisan committee of the congress will begin the hard but necessary work of dealing with a tough challenge our nation faces. the individuals doing this work will not be outsiders but elected official doing the job they were elected to do as outlined in the constitution. those decisions should be made based on how they will affect people getting a job. not how they will affect politicians chances of getting reelected. this isn't about congress and the white house. it is about what is standing between the american people and the future we seek for ourselves and our families. i've always believe

> this week, while the senate is struggling to pass a bill filled with phony accounting and washington gimmicksanother bill, one that was developed with the support of the bipartisan leadership of the u.s. senate. >> let's bring in joan walsh. editor at large salon.com. also joining us, michael eric dyson, professor of sociology at georgetown university, and author of "can you hear me now?" the inspirational wisdom and insight of michael eric dyson. great to have both of you with us tonight. joan walsh, what does it say about speaker boehner when he gives rush limbaugh a call before he checks in with the real boss, i guess, of the party, before he goes further? what does that tell you? >> yes, he checked in with the real boss. you know, you caught me. i think the camera came to me in mid -- open mouth, shaking my head, listening to that quote again. you know, we just have to talk about the utter mendacity of john boehner tonight. i'm sorry, ed. this man, for better or worse, has been negotiating with this president. on friday they got within $400 billion of a deal. sounds like a lot of money, b

and this week, while the senate is struggling to pass a bill filled with phony accounting and washington gimmicks, we are going to pass another bill, one that -- the support of the bipartisan leadership of the u.s. senate. obviously, i expect that bill can and will pass the senate and be sent to the president for a signature and if the president signs it the crisis atmosphere that he has created will simply disappear. the dealt limit will be raised, spending will be cut by more than $1 trillion and a serious bipartisan committee to of the congress will begin the hard but necessary work of dealing with the tough challenges our nation faces. the individuals doing this work will not be outsiders, but elected representatives of the people doing the job they were elected to do as outlined in constitution. those decisions should be made based on how they are going to affect people who are struggling to get a job, not how they will affect some politician's chances of getting re-elected. this debate isn't about president obama and how republicans. it isn't about congress and the white house. it's about w

support this week, while the senate is struggling to pass a bill filled with phony accounting and washington gimmicks we are going to pass another bill. one developed with the support of the bipartisan leadership of the u.s. senate. obviously, i expect that bill can and will pass the senate. and be spent to the president for his signature. if the president signs it, the crisis atmosphere that he has created will disappear. the debt limit will be raised. spending will be cut by more than one trillion dollars. and a serious bipartisan committee of the congress will begin the hard but necessary work of dealing with the tough challenges our nation faces. the individuals doing this work will not be outsiders. but elected representatives of the people doing the job they were elected to do, as outlined in the constitution. those decisions should be made based on how they are going to affect people struggling to get a job, not how they will affect some politicians's chances of getting reelected. this debate isn't about president obama and house republicans. it isn't about congress and the white house. it is

, while the senate is struggle i struggling to pass a bill, filld with phony accounting and washington gimmicks, we're going to pass another bill, one that was developed with the support of the bipartisan leadership of the u.s. senate. obviously, i expect that bill can and will pass the senate and be sent to the president for his signature. if the president signs it, the crisis atmosphere that he has created will simply disappear. the debt limit will be raised, spending will be cut by more than $1 trillion and a serious bipartisan committee of the congress will begin the hard, but necessary work of dealing with the tough challenges our nation faces. the individuals doing this work will not be outsiders, but lebtd represe elected representatives of the people, doing the job they were elected to do as outlined in the constitution. those decisions should be made, based on how they will affect americans getting a job not on how they will affect some politician getting re-elected. it's not about congress and the white house. it's about what's standing between the american people and the future we se

this week, while the senate is struggling to pass a bill filled with phony accounting and washington gimmicksoing to pass another bill, one that had the support of the bipartisan senate. >> let's bring in joan walsh. also joining us tonight, michael eric dyson, professor of sociology at georgetown university, and author of "can you hear me now?" great to have both of you with us tonight. joan walsh, what does it say about speaker boehner when he gives rush limbaugh a call before he checks in with the real boss, i guess, of the party, before he goes further? what does that tell you? >> yes, he checked in with the real boss. you know, you caught me, i think the camera came to me in mid -- open mouth, shaking my head, listening to that quote again. you know, we just have to talk about the utter mendacity of john boehner tonight. i'm sorry, ed. this man, for better or for worse, has been negotiating with this president. on friday, they got within $400 billion of a deal. sounds like a lot of money, but when you're talking about $4 trillion, it's not really that much. they were close, he had to wal

this week, while the senate is struggling to pass a bill filled with phony accounting and washington gimmicks, we're going to pass another bill, one that's developed with the support of the bipartisan leadership of the u.s. senate. >>> good morning, it's tuesday, july 26. welcome to "morning joe." a little relief from the heat, willie. >> 85 versus 105. >> with us, harold ford jr. and the editor in chief of "the daily beast," tina brown. and in washington, nbc political analyst pat buchanan. let's start there. i must say grading both of these gentlemen, both of these leaders on performance, i would have given them an a. i thought both of them had compelling messages. i agreed with one more than the other. >> which one? >> i better not say, actually. but why did they do that last night? >> i think actually it should be jarring to the markets because no new ground was -- there were two political speeches. what was the purpose of it other than making all of america that was watching it just a little more nervous? >> it's a very good question. clearly boehner is responding to the president of the

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fact six, tea party have been consistently opposed to the gimmicks that created the mess. washingtonore gimmicks to allegedly fix this mess. fact seven. tea partyers aren't the only one saying a debt hike without meaningful spending cut is a waste. standard & poor's itself warned a deal would be a travesty. fact eight, tea partyers aren't the crazy ones for saying it's time to stop the nonsense. those who call them crazy for speaking the obvious are the ones who make no sense. fact nine, tea partyers resisting business as usual, aren't the possible right now. self-serving politicians practicing business as usual are. fact ten, tea partyers demanding accountability isn't the stuff that brought to us the brink. washington's continued failure to be accountable has us at the brink. so let me be clear. before we bag tea partyers focus first on who is really in the tank. those who sooner blame the tea partyers for speaking out on spending than the very politicians doing the spending. we play in to washington's game when we make a mockery of those who question and resist the childish antics

this week, while the senate is struggling to pass a bill filled with phony accounting and washington gimmicks, we're going to pass another bill, one that was developed with the support of the bipartisan leadership of the u.s. senate. obviously i expect that bill can and will pass the senate and be sent to the president for his signature. if the president signs it, the crisis atmosphere he has created will simply disappear. the debt limit will be raised. spending will be cut by more than one trillion dollars, and a serious bipartisan committee of the congress will begin the hard but necessary work of dealing with the tough challenges our nation faces. the individuals doing this work will not be outsiders but elected representatives of the people doing the job they were elected to do as outlined in the constitution. those decisions should be made based on how they're going to affect people struggling to get a job. not how they will affect some politician's chances of getting reelected. this debate isn't about president obama and house republicans. it isn't about congress and the white house. it

and this week, while the senate is struggling to pass a bill filled with phony accounting and washington gimmicks, we will pass another bill one that was developed with the support of the bipartisan leadership of the u.s. senate. obviously, i expect that bill can and will pass the senate, and be sent to the president for his signature. if the president signs it, the crisis atmosphere he has created will simply disappear. the debt limit will be raised. spending will be cut by more than one trillion dollars, and a serious, bipartisan committee of the congress will begin the hard but necessary work of dealing with the tough challenges our nation faces. the individuals doing this work will not be outsiders, but elected representatives of the people, doing the job they were elected to do as outlined in the constitution. those decisions should be made based on how they will affect people who are struggling to get a job, not how they affect some politician's chances of getting reelected. this debate isn't about president obama and house republicans. it isn't about congress and the white house. it's abou

this week while the senate is struggling to pass a bill filled with phony accounting and washington gimmickswe're going to pass another bill, one that was developed with the support of a bipartisan leadership of the u.s. senate. obviously i expect that bill can and will pass the senate, and be sent to the president for his signature. if the president signs it, this crisis atmosphere that he has created will simply disappear. the debt limit will be raised, spending will be cut by more than $1 trillion, and s there is bipartisan committee of the congress will begin the hard unnecessary work of dealing with a tough challenges our nation faces. host: you just heard the house speaker from last night. what you think? he is saying that this is a compromise. it does not give the republicans everything that they want and it does i give the president everything that he wants, either. but it is a way to raise the debt ceiling. caller: they are doing the total opposite. boehner is a very weak leader. cantor is trying to get his job. there is a conflict going on between the republicans. in terms some can

as the senate struggles to pass a bill filled with washington gimmicks, we will pass another bill. one that was developed with the support of the bipartisan leadership in the u.s. senate. it will be sent to the president for signature. if the president signs it, the atmosphere he has created will disappear. the debt limit will be raised and spending will be cut by more than $1 trillion. a serious bipartisan committee will begin the hard but necessary work of dealing with the tough challenges faced by our nation. the elected senators of the people will start to do the job they were elected to do. those decisions should be made based on how they will affect people who are struggling to get a job. not how they will affect the chances of some politician to get elected. this is not about president obama, congress, or the white house. it is about what is standing between the american people and the future that we see for ourselves and our family. i have always believed that the bigger the government, the smaller the people. right now we have a government that is so big it is keeping our

it urges -- it uses washington gimmicks designed to make it look three times as large as it is. in reality, it hikes the debt ceiling $3 for every $1 in spending cuts over ten years. the house bill is 1-1. the senate bill, 3-1. we have demonstrated this exhaustively in a budget committee analysis. i don't think people would dispute it. the house approach -- one of t the -- the primary way this is accomplished is to count the reduction in spending over the war in iraq and afghanistan that's projected to occur and count -- it's already been projected to occur and count that as a spending cut. speaker boehner didn't do that. his would look a trillion dollars better also if he used those numbers. the house approach is honest, it's straightforward and achieves $1 in cuts for every $1 in debt ceiling increase. it allows us to return to the table in a few months to assess our progress, see what's happening in the economy and begin working toward the greater cuts that are needed. senator reid's bill relies on accounting tricks, takes the debt limit off the table until after the election

in washington they hear about all these gimmicks and these numbers and these schemes, right? a baseline? well, everybody thinks a baseline would be flat but in washington a baseline is an increase. what i'm saying is enough is enough. we have to stop and this is a real solution to balance our budget. and we are only taking one penny out of every federal dollar. >> sean: what is the criticism? because i have watched this week. i have come under fire. other conservatives. tea party members are called hobbits. the weekly standard suggests that in fact this is helping obama. meanwhile, all these plans are based on increasing spending 8% a year. this is like drunken sailors on anabolic steroids and nobody is talk about slowing or stopping all growth of this monster that has gotten out of control. >> that is exactly the point, sean and i'm glad that you couched it that way. so everything that we are talking about up to now is a decrease in the rate of growth. it is not -- we are not cutting spending. >> sean: except 1%. >> my bill would cut 1% but every other plan that has been out

in washington they hear about all these gimmicks and these numbers and these schemes, right? so what is a baseline? well, everybody thinks a baseline would be flat but in washington a baseline is an increase. what i'm saying is enough is enough. we have to stop and this is a real solution to balance our budget. and we are only taking one penny out of every federal dollar. >> sean: what is the criticism? because i have watched this week. i have come under fire. other conservatives. tea party members are called hobbits. the weekly standard suggests that in fact this is helping obama. meanwhile, all these plans are based on increasing spending 8% a year. this is like drunken sailors on anabolic steroids and nobody is talk about slowing or stopping all growth of this monster that has gotten out of control. >> that is exactly the point, sean and i'm glad that you couched it that way. so everything that we are talking about up to now is a decrease in the rate of growth. it is not -- we are not cutting spending. >> sean: except 1%. >> my bill would cut 1% but every other plan that ha

in washington they hear about all these gimmicks and these numbers and these schemes, right? so what is a baseline? well, everybody thinks a baseline would be flat but in washington a baseline is an increase. what i'm saying is enough is enough. we have to stop and this is a real solution to balance our budget. and we are only taking one penny out of every federal dollar. >> sean: what is the criticism? because i have watched this week. i have come under fire. other conservatives. tea party members are called hobbits. the weekly standard suggests that in fact this is helping obama. meanwhile, all these plans are based on increasing spending 8% a year. this is like drunken sailors on anabolic steroids and nobody is talk about slowing or stopping all growth of this monster that has gotten out of control. >> that is exactly the point, sean and i'm glad that you couched it that way. so everything that we are talking about up to now is a decrease in the rate of growth. it is not -- we are not cutting spending. >> sean: except 1%. >> my bill would cut 1% but every other plan that ha

speaker, the american people are tired of all the accounting tricks and the budget gimmicks that go on in washington. let me explain what $1.3 trillion of this does. it says that, imagine that we're at war for 10 years, in afghanistan and iraq at surge levels. we assume we're going to be fighting this war for 10 more years, with over 100,000 troops in afghanistan and oh, gosh, wait, we're going to withdraw our troops in 2014. $1 trillion in savings. i've got a better idea. let's pass a bill to cover the moon with yogurt that will cost $5 trillion today. and then let's pass a bill the next day to cancel that bill. we could save $5 trillion. wait, i've got a better idea. our debt is $14 trillion. let's come up with a new plan to spend $14 trillion, then rescind it the next day and let's save $14 trillion. this stuff is fiscal fantasy. you can't make this stuff up, mr. speaker. suggesting that we're going to be in a war at these levels for 10 more years when everybody knows we've already decided not to do that, that does not get us $1.3 trillion in spending cuts. only in washington can you add up math

think people look at so much through a political prism and that's so much of washington that is played out. looks like another gimmicke of the reasons is every time they look at washington it's like looking at rush more. nothing moves they are saying let's amend the constitution and do something to make some things begin to move and to happen. >> always fun to talk to you, jack. >> terrorists are blowing up planes may be focusing on a frightening strategy. the story is coming up. a huge dust storm envelopes parts of arizona. those amazing pictures are next. . >> here's a look at the hot shots. a man is tossed in the air at a celebration of a festival. thousands of people pack the streets for the running of the bulls. children gathering in india to celebrate the dalai lama's 76th birthday. two men check out a car at a motor show in moscow. in south korea, crowds celebrate their country to host the 2018 winter olympics. hot shots, pictures from around the world. >>> it may have looked like a scene in a movie, but it was a massive dust storm that ripped through parts of arizona, turning day into night in an instant. sev

our economy won't grow as long as we continue to trip it up with short-term gimmicks from washington. end of quote. house majority leader canter echoed the sentiment in june. "i'm not sure how -- i'm not sure how if we're not willing to make tough decisions now we'll be willing to make them later. it is my preference that we do this thing one time, putting off tough decisions is not what people want." end of quote. madam president, we agree. we agree -- certainly we agree. this is what "the washington post" said about republicans' bizarre about-face yesterday. "it seems that perhaps the only meaningful difference between the two plans is that the democratic plan gets it done in one fell swoop while the g.o.p. proposals disa short-term deal followed by another a year later, something that financial analysts say could lead to a downgrade of the u.s. credit rating and the republicans themselves once opposed." in fact, madam president, rating agencies have said as late as last night that the plan that i introduced will not cause a downgrading of our credit. the one republicans have introd

he said our economy won't grow as long as we continue to trip it up with short-term gimmicks from washington. this is what speaker boehner said, so what does he give us, mr. president? a short-term extension of the debt limit a few months. we can't do that, even his own words he says we hurt the economy. eric cantor said to "politico," if we can't make the tough decisions now, why would we be making those tough decisions later? it is my preference that we do this thing one time, putting off tough decisions is not what people want in this town. and yet, what do they do? they send us -- we don't know if they'll get the votes to send it, but they plan to send awes short -- send us a short-term deal which leaves this great nation in chaos. you talk to every businessman, they will tell you the worst thing they'd worry about is uncertainty. and that is the path of uncertainty. eric cantor said it, boehner said it, no short-term deal. they're sending us a short-term deal. and i'll close with the "new york times," the mother of all brainers, they say. if the debt ceiling talks fail, independent vote

support a washington plan to pass a grand deal with tax hikes that never go away and with spending cuts that are talked about but never really tnk, to materialized to really think the gimmicks and accounting of washington they are not u happy with us at this moment the people's representatives in congress have presided over a financial condition of this% country where 40% of every dollar this government spends is are t par borrowedty. k well you know that he party theye not people are angry. p they are not good people, they are angry people. angry why shouldn't they be angry when this kind of leadership has occurred in the congress of the united states of america? it is utterly, totally indefensible and should never, n ever have happened, yet it has.hreatens our it threatens our financialhreate ns future. it threatens our economy and economic growth. so the american people are not and happy about s it. so, that's why i introduced a is piece of legislation that would any require seven days to review any de bills that would increase the debt limit because this is going to be complex.p at people want to bring it up at the 11th hour under panic mode.if wdon't p we don't pass it

washington is still at a stand still. >> i believe that the plan is full of gimmicks, we are not making any real changes in the spending structure of our government. and it doesn't deal with the biggest drivers of our deficit and our debt, and that would be entitlement programs. >> what they're trying to do is force us to have the same debate. exact same subject a few months from now. republicans short-term plan is a nonstarter in the senate and in the white house. >> shepard: so, with the talks breaking down and the possibility that it could become the only chief executive in office during a national default, president obama will speak to all of us tonight and speaker boehner will respond. our chief white house correspondent ed henry on fox top story live there tonight. what are we him to say, ed? >> not going to introduce a new plan. instead what he is going to do is end this stalemate by making the case that we're on the verge of an economic meltdown because while he has been compromising on spending cuts, republicans, as you suggested are not giving an ink so far on taxes. we got a preview of that message a little

support a washington plan to pass some grand deal with tax hikes that never go away and with spending cuts that are talked about but never really materialize. so they're wise, i think, to the gimmicksand accounting of washington. they are not happy with us. at this very moment the people's representatives in congress have presided over a financial condition of this country where 40% of every dollar this government spends is borrowed. well, these are tea party people. you know, they're angry. they're not good people. they're angry people. why shouldn't they be angry when this kind of leadership has occurred in the congress of the united states of america? it is utterly, totally indefensible. it should never ever have happened. yet, it has. it threatens our financial future. it threatens our economy and our economic growth. so the american people are not happy about it. and so that's why i introduced a piece of legislation that would require seven days to review any bill that would increase the debt limit, because this is going to be complex. people want to bring it up at the 11th hour under a panic mode. if we don't pass it tomorrow, the world markets are going to be destabilized. i

washington's attention like a deadline. what are they waiting for? >> americans deserve an honest approach. no more tricks. no more accounting gimmicks. no more broken promises. >> tonight, the white house, the right, the left and the clock. countdown to crisis. >> we are four days away from one of the worst financial catastrophes that could face this country. >> this is "piers morgan tonight." >>> good evening. chaos on capitol hill tonight. john boehner's debt plan is stalled in the house without support from his caucus. this country is moving closer and closer to an almost unthinkable national default. we are going to ask some of the smartest people in washington to explain what is going on tonight. john king, jessica yellin. first, i want to go straight to is that they're trying to win over some of the undecides of some of the no votes amongst the conservatives in their party. what they were discussing at one point was trying to tweak the bill in order to win over conservatives who are unhappy that the bill didn't go far enough, piers. and what they were talking about doing is making the second debt ceiling vote that is part of th

washington's attention like a deadline. so what are they waiting for? >> americans deserve an honest approach. no more tricks. no more counting gimmicks. no more broken promises. >> tonight the white house the right and the left and the clock. countdown to crisis. >> we are simply four days away from one of the worst financial catastrophes that could face this country. >> this is "piers morgan tonight". >>> good evening, we start with break news. it's been an extraordinary couple of hours on capitol hill. speaker john boehner's debt plan remains stalled in the house without sufficient support from his own caucus to get the bill passed. he couldn't even put it to a vote tonight. meanwhile, this country moves closer and closer to an almost unthinkable national default. congressional correspondent kate bolduan here to explain if she can what's going on tonight. kate, can you? what is going on? >> reporter: it's been a wild day up here, i'll tell you, piers. it all started when the house republican leaders, they abruptly stopped debate on this bill that they thought they were going to have enough support for because they didn't have enough

washington to live within its means. people are tired of the budget tricks. they are tired of the accounting gimmicks. they are tired of the open -- of the empty promises. that is what is affecting the people of this country. they want accountability, and it is our responsibility, mr. president, to provide it to them. people are looking for peace of mind, for good judgment and they want people to listen to them, and yet what i see are people focused on politics on the other side of the aisle at a time when the greatest threat to our nation, to this great country, to america is a national debt that is out of control and that it is increasing at the rate of over 400 billion a day. with that, thank you, mr. president. i yield the floor. mr. kerry: mr. president? the presiding officer: the senator from massachusetts is recognized for -- is recognized. mr. kerry: mr. president, i ask simply to be recognized to complete my comments. the presiding officer: without objection. mr. kerry: and i would ask -- there is a time, however, we have a time limit? the presiding officer: ten minutes. democrats have the ne

speaker, the american people are tired of all the accounting tricks and the budget gimmicks that go on in washington. let me explain what $1.3 trillion of this does. it says that, imagine that we're at war for 10 years, in afghanistan and iraq at surge levels. we assume we're going to be fighting this war for 10 more years, with over 100,000 troops in afghanistan and oh, gosh, wait, we're going to withdraw our troops in 2014. $1 trillion in savings. i've got a better idea. let's pass a bill to cover the moon with yogurt that will cost $5 trillion today. and then let's pass a bill the next day to cancel that bill. we could save $5 trillion. wait, i've got a better idea. our debt is $14 trillion. let's come up with a new plan to spend $14 trillion, then rescind it the next day and let's save $14 trillion. this stuff is fiscal fantasy. you can't make this stuff up, mr. speaker. suggesting that we're going to be in a war at these levels for 10 more years when everybody knows we've already decided not to do that, that does not get us $1.3 trillion in spending cuts. only in washington can you add up math