reporter: well, i think at this point it s what we call in washington jamming. it s when one house in order to influence the other takes something up and sort of pushes it to try to create momentum on the other chamber which may be less willing to take up whatever that measure is. it s unclear at this point exactly how this all goes down. but at this point you would think that with the ball kind of in the court of the senate, that perhaps they democrats or republicans there, and there s really a lot of interest on both sides of the aisle at this point in getting something done, because this is sort of languishing on and americans aren t happy with it and everyone know that. but they may come up with some sort of framework perhaps and try to either come to agreement with the house or just kind of push it on the house. the pressure, don, as it increases if the markets respond and also getting closer to october 17th on thursday, the pressure is going to mount on house republicans who
the consequences and actually getting there. and we re now into the end game. i mean, monday the markets will open. now, only a fool would sit here and ever predict market mayhem, mystery and misfortune. but the closer you get to a serious deadline, the more you will start to see a reaction. it will start small. it might be in the foreign exchange. it might be in the bond market. but it will snowball as investors have to take account of the new changed reality. oh, it s so frustrating, richard. richard, stay right there, don t go anywhere because we may need you. i want to bring in maryland democratic congressman john delaney. he has a unique perspective on the budget standoff. he s the only house member to have served as a ceo of a publicly traded company, so this gives you some unique perspective here. he s actually had to make a budget and make a payroll at a financial services company no less. congressman, good to see you.
leader harry reid and senator minority leader mitch mcconnell who met really for the first time on this topic today. mcconnell has appointed lamar alexander, obviously a republican, to be the point person on this. what are they going to cook up? we just don t know at this point, don, things are very uncertain, but we ll certainly be keeping an eye on the senate to see if there is perhaps some sort of framework they can come up with before the markets open on monday. and even though it s a holiday, the markets, the stock market anyway, will be open and either way, whether there s some sort of framework or not, it will no doubt we would think anyways respond in some way. yeah. and as you were speaking there, we saw the video of them leaving the white house. the last one was harry reid getting into his suv, a driver helping him to get in there. let s talk now about the house members, brianna. they went home to their districts today. senate leaders, again, negotiating that debt limit