The stalemate. Lets turn to doug live on capitol hill with the latest. As you heard, you know, recriminations are endemic on capitol hill. Boy, we heard a mouth load of them today, didnt we . Been hearing a lot of those. Its a good thing the markets arent open on saturdays because what happened today here in congress would give nobody a cause for optimism. There are basically three proposals. Each one of which would have staved off the looming threat of defaulting on our debt on gations. All three of them failed. On the house side, republicans learned late this morning that the president would reject the paul ryan plan which would have extended the debt ceiling for a short period of time while addressing some of the major drivers of our deficit spending such as medicare, social security. It would have reformed the tax code to some degree. They came away utterly demoralized at what they see is total intransigence on the part of the president. You probably heard already, weve met. Appare
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