only $400 billion over 10 years. the senate rejected that 97-0. in april he offered another plan plan that was so fuzzy, thee head says we don t estimate speeches.tary, meanwhile the republicans offered several specific plans to deal with the national debt. plans that would devastate the economy and the country. in your opinion. but at least they had a plan. they had the cap cut and. balance, and you had no plan. in april the president of the united states put out a out framework that would do inefic reduction in the same period of time. but it is on fuzzy he couldn t square it. and he has been spending spe every day, every weekweekince negotiating negotiating on at cs workework that can pass and work. why have you had nois plan?a. that s not fair.i know i know the republican leadership says that, but it is not true.e. the nonpartisan head of the congressional office says weon can t score a speech. c t
that, that won t pass, but you don t have the senate has done nothing. they haven t passed they haven t passed a budget. they ve rejected the president s budget 97-0. they haven t done anything, but so everyone time the house acts, it can t pass anywhere else. isn t it time for somebody to step up with an alternative plan and the thing that is striking about this, this is a very close parallel to what happened back in the clinton years, when we had the, you know, we had the partial government shutdown and that and the pattern is very similar and in that case, the republicans got all the blame and i have a sense here that there s a sense of confidence among the democrats and the white house and congress that if we end up with this sort of a situation where you simply have to close down parts of the government because there s no money, that the republicans
from national radio and assault on honest debate. i read the first chapter, didn t mention me, but it was still very interesting. [laughter] you know, i had a carefully framed question for you, brit. let me ask a much simpler one. you heard what geithner said and heard what boehner said. what do you make of it? well, it is striking that the house has acted and passed a plan and the senate has basically refused to take it up and voted it down. what you see here is an interesting combination of events because the president really hasn t stated a position or set forth a scorable plan or any of that and these, the house republicans have basically done that. and what you re seeing here is a very peculiar kind of double
this is about what is doable at the 11th hour. remember this, and yoution mentioned it to secretaryeir. geithner, the house has donee ps its work. bud we passed the budget.lan. we passed the plan. i know, but they have been ps defeated. and not one time in this whole process have the senate democrats passed a budget, put a budget out there, or even put a plan out there. the conversation i was having with the president in case thene senate didn t pass a cut cap and balance, there was never any plan from the white house. n the whole plan came from us. t we laid out the frame work. at some point they have to lay . their cards out on the table. oe you were the one in theesteaw conference call yesterday who brought out the idea, we haveeti to do something that whenhi the markets open this af afternoon on monday morning inhy asia.re how do you think the markets the ofllary act if the end result, the headlines at the end of orning sand tomorrow m newspapers are no deal? question
discussed what adjustments a will have to be made ifc you gou into default. again i want to emphasize, r just remember, this is the united states of america.cks we write 80 million checks a ms month. there are millions andof millions of americans that depend on those checks coming tm in on time.y our it is people who get social security benefits.dicare and we cannot put those put payments at risk. and we do not have the ability i to limit the damage on them ifhm congress fails to act on time. you have been saying thisn for months. and it made more sense when you said it in april than when n you are saying it in july. what s your plan?lan it would be irresponsible not to have a plan. the president says you have a plan. anat is it?pl we will do what we can, but i want to make it clear. w be they will be putting 80 million checks, payments ataynta risk for delay and it will noteo be responsible. have you decided who will get paid first?ho everyone who has had my job, everyone wh