there s no way they re going to support this and it had a lot of people coming out saying they wouldn t support it. you know, even people like ted cruz. there s a lot of frustration on the republican leadership side of things because this is something they thought they could be a compromise they could get through. but there s no come prompromisea party. yeah, absolutely. but you point out there are some in the gop leadership quoted as saying, quote, does ted cruz have a plan to get 41 votes? really calling him out that there s a lot of lip service, but can you get anywhere with this? right, and that s frank thorpe, who s our house producer, who reported that on first read yesterday. i think that highlights the difference between pragmatism and ideology. a lot of these tea party folks feel like they were elected to wage ideological economic warfare, and they re not going to budge on what they believe. it s up to john boehner to try
get well-reasoned arguments and others want to call up and raise cane with their congressman. they were peaking at 31,000 calls per hour at house of representatives. usually around 20,000, an average day and sent out a system alert saying that you know, that the phones were being taxed, the second time they had done this. by way of contrast, the high water mark for the deal was during health care, with 50,000. we re starting to see a little bit of a people calling up who are worried, that something might happen and you know, some people i talked to yesterday, people just average answering your kind of phone kind of people, on capitol hill. not chiefs of staffs, not members. starting to hear from business people, saying they were concerned there would be a triple-down effect and might have layoff people. and certainly the elderly, the social security checks, look, i live paycheck to paycheck on a fixed income, and if you, know, that check doesn t come in the mail i m up a cheek. chad,
and watching this drama unfold and an expert on all things house and senate as well. speak of the senate we ve got mike lee from the republican from the fine state of utah joining us. how likely, do you think, senator we ll make the deadline on the 2nd. based on what i m hearing, keep in mind the rumor mill recycles every 60 to 90 minutes these days. neil: actually 60 to 90 seconds. that, too. i m sensing we ll likely get the debt limit raised by tuesday, but it s still too early to tell and folks today, house will be voting in just the next couple of hours. neil: you re wasting your time with that bill, though? that s a variation of the reid measure i guess they re going to contemplate after midnight, to shoot it down, just as he and the senator shut down the house measure. tit for tat. i don t know what they ll do in the house, you ll have to ask them for information. mitch mcconnell keeps
in the mail i m up a cheek. chad, thank you very much. and watching this drama unfold and an expert on all things house and senate as well. speak of the senate we ve got mike lee from the republican from the fine state of utah joining us. how likely, do you think, senator we ll make the deadline on the 2nd. based on what i m hearing, keep in mind the rumor mill recycles every 60 to 90 minutes these days. neil: actually 60 to 90 seconds. that, too. i m sensing we ll likely get the debt limit raised by tuesday, but it s still too early to tell and folks today, house will be voting in just the next couple of hours. neil: you re wasting your time with that bill, though? that s a variation of the reid measure i guess they re going to contemplate after midnight, to shoot it down, just as he and the senator shut down the house measure. tit for tat. i don t know what they ll
imminent, that riles a lot of folks, ratings agencies doing it certainly before the august 2nd deadline. it s a whole other bet. and we re downgrade is inevitable, i told folks on this network and elsewhere that i think it is inevitable regardless of the kind of deal that they make. but having said that, barney frank did raise an interesting issue and one i want to talk up with a colleague and friend, house producer, just because that happens, it doesn t mean you just unload en masse triple-a securities because you re under the assumption, let s say you re a bank or brokerage house, chad, that you have to. what do you make of that? that s the interesting thing. it doesn t work like the government shutdown where the law funding a certain branch of the federal government expires at 11:59 p.m. at a certain day and 12:01 a.m. you don t have the money to run that. this is so long as the money is in the treasury to go out