no chance of becoming law. what happens the day after august 2nd? well neil cavuto, senior vice president, anchor and editor of fox news channel and fox business network. neil, great to see you. hey, alisyn. alisyn: what happens on august 3rd if no debt deal is reached on august 2nd? we don t necessarily default. we are hearing and getting wind what happened today at the new york fed when officials were meeting with so-called government primary dealers. there are about 20 of them alisyn. without sounding arcane and getting too much into gobbledygook. these are folks responsible for trading treasury securities, marking them up, getting them out in the market so chinese, japanese, canadians, germans can buy this stuff. they are the responsible are the go-between if you will for selling our treasury debt to anyone who wants it. that is the big question whether they will be able to do that. we re told at this meeting they explained the mechanics what would happen in the event of a sh
solve the problem and it has no chance of becoming law. what happens the day after august 2nd? well neil cavuto, senior vice president, anchor and editor of fox news channel and fox business network. neil, great to see you. hey, alisyn. alisyn: what happens on august 3rd if no debt deal is reached on august 2nd? we don t necessarily default. we are hearing and getting wind what happened today at the new york fed when officials were meeting with so-called government primary dealers. there are about 20 of them alisyn. without sounding arcane and getting too much into gobbledygook. these are folks responsible for trading treasury securities, marking them up, getting them out in the market so chinese, japanese, canadians, germans can buy this stuff. they are the responsible are the go-between if you will for selling our treasury debt to anyone who wants it. that is the big question whether they will be able to do that. we re told at this meeting