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Transcripts For CNBC Closing Bell With Maria Bartiromo 20131015

Tick tock on debt clock, the Treasury Department theyre warning they will run out of money by this friday. Congress is split on what a deal should look like to get us there. John harwood with the latest. The house is preparing to vote on a bill tonight that has been adjusted from what house leaders described this morning. It was adjusted in ways that squeezed harry reid, democratic leader put more pressure on him. How did they do that . They provided a shorter extension of funding government when they reopened the government to september 15th. Thats what harry reid wanted, a very short one to negotiate changes in the sequester. They kept the february 7th date for the debt limit increase, which is also what harry reid okayed in his deal with mitch mcconnell. They dropped the delay in medical device tax, which is something democrats objected to. All those things are designed to put more pressure on reid and make it more difficult for reid to prevail with his deal with mitch mcconnell. On

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