they are going to try to honor their constituents back home. laura: your duty is also to the united states of america, right. it actually is. laura: that s the most important duty. if our nation is imperiled by ongoing drama at some point you do have to give. james, i want to get you in on this compromise has become, you know, a dirty word for a lot of people. i understand why because usually it s conservatives, from my perspective, who, you know, get shafted in a compromise. they are very scepght particular call of it yet, we are at the point where that is what is going to have to happen. i think it s a hard pill for a lot of these tea party folks to swallow. i do understand that. after the boehner bill passed, there were actually house republican freshman sending out press releases boasting of having successfully pressured the leadership. that wouldn t have happened in an earlier era. laura: fascinating. we will go back to bret baier who is telling us what is happening on t
budget amendment in it. get a sense there is quite a bad bit of blooded and now they are moving on to consider the reid bill. and tomorrow the house is voting on the reid bill to vote that down. the amazing thing is we are just days away. we don t have a deal. talking about the house bill, it will be a shell and then send it to the senate and then send it back to the house. we don t have a deal yet so therefore nothing can happen. and the amazing thing is that when they do announce a deal and i think it will come from reid, mcconnell with boehner s input and the senate will vote on it, i think it will be difficult to get it through the house because of the freshmen, because of the tea party lawmakers and also because of the liberals. a lot of the liberals in the house want to use the 14th amendment and they don t like reid s plan and a little irked at the president for putting entitlements on the table. i think the vote in the house
bring to a close a debate on the reid motion to concur in the house amendment to s 627 with an amendment numbered 589. bret: what is happening here on the senate floor, we just had a vote on the boehner bill, it passed with a vote of 59-41. they only needed a simple majority of 51. it s interesting that the number was 59 because it is short of what is the normal number needed for vote like this. which is 60. this was a special motion made by senate majority leader harry reid. it passes now. the boehner bill is tabled. this means that the boehner bill is put aside. but just to explain, they are not killing that bill. they are going to use that bill as the vehicle by which they re going to send back a compromise that we still don t know the details of. we expect that that will be formed over the next day, and be sent back on the boehner bill but they will scrap out all the
economic storm that is not just brewing but is already out there. so, that is what has this white house especially spooked, you can guarantee is not just the short-term but the long-term. they are looking at what are the markets going to be like come monday if congress is still going through this vote-o-rama and nobody knows or sees some sort of compromise in sight. the markets on monday could take a battering. laura: i want to go back to bret baier. we are always curious about the players behind the scene. who is really driving the debate. i know it s probably not one person. people think john boehner has been deeply wounded by what happened within his own party. yet, he gave a very impassioned speech tonight after his bill passed. said basically you have to say yes at some point to something. really trying to get back in this game. is it mcconnell and reid s to play out here? will boehner be at the table and still have enough credibility to make his case? yes. i think speaker boe
sense. they were all about grover nor quest and his tea party was all about lowering taxes and cutting the spending. this is not what this tea party is about. they are standing there not comprehending that their actions are going to lead to consequences and these consequences could be horrific for the united states of america. laura: cathy, were you saying the consequences were going to be horrific for the united states of america when this president spent more in terms of adding to the debt in his first 19 months than president washington to reagan combined? was that a bad thing to the country or something to applaud. he inherited a horrific economy. laura: bush s fault. okay. raising this debt ceiling right now has nothing to do with when obama done. these are all debts that were acquired with our previous president. this has nothing to do. laura: responsible and adult. david and cathy you have on longer. crazy night here. thank you for joining us. really appreciate it. whe