as we get towards the october 17th deadline, this creates a huge issue if the markets react negativively and on top of that, there are folks in the house gop that don t think october 17th is that bad. if the markets react negativively, they ll yank this and pass something out really quickly. if the markets are kind of like, we think you re going to do something, then you ll see this battle gone on through thursday and it s anyone s idea as to how this ends up, guys. there s a lot that i don t understand about what s going on in the republican caucus right now, but the session with stripping their own staffers of health care is particularly bizarre to me. people who make $29,000 a year answering phones and for whatever reason people that work for them. political pawns, that s what it is. they are political pawns now. on the step of a default and government being shut down for over two weeks. only in america, folks. peter and luke, thank you
the party of business, again, what businessman would deliberately put his credit rating at risk with some notion it would advance his business. in order to kneecap his secretaries. hopefully we ll be spared lectures about running government like a business in the future at least. eamon before we go, in terms of the next three days, assuming we re still operating in muddy waters, assuming john boehner s position remains as opaque as it does today, will the markets rally to send a signal to washington? markets are not going to intentionally send a signal to washington. what s going to happen, market sentiment will turn. when it turns it s like an under tow. it goes really fast and hard. it s difficult to guess when that will happen. it will happen at some point. my guess is october 17th deadline has a little cushion. if you look at the payments the
i praise them for that. let s move and get it done tomorrow. when you say get it done tomorrow, before i go, you re saying out of the senate. i want a vote. you want a vote. we have to accept i want doesn t seem like anything even if a miracle will get a presidential signature in time for october to 17th deadline. i think that can be worked out. i truly do. i m hopeful that can still be work out. there s no way consciousable we can default. anybody think that s not a big thing or don t worry about it that s ridiculous. this is a big thing and will harm not just this economy but economies all over the world and we re not going to do that. if we do, i think they should all ask for our resignation. they should ask for all of our rear signations if we can t come together for the good of our country. thank you very much senator manchin. a lot of people will want to take you up on that if it does fail.
together to avoid default. christine romans is live in new york with more about this. good morning, christine. good morning. this is, you know, what have you done for me lately. that s exactly what this is, the dow up 525 points over the past four days, carol. they need to see real progress. they don t need to hear more about the process of what s going on in washington. they really need to see the result. and we re getting very close to this october 17th deadline here. they want to see something done over the next few days for sure, to make sure that we re not sending signals to the rest of the world that we don t have our act together. oh, wait, we ve already been sending those signals around the world. they want to show that we have solidarity in washington to get our problems solved. until you get your actual deal, it will be rough sledding here. you could see volatility as the market trades on different headlines one way or the other out of washington, carol. christine romans,
definitively no but this makes it harder to not bust through that october 17th deadline. assuming the next move, the only move is for the senate to retake up the framework of the deal we talked about last night that the democratic and republican leader worked together on, assuming that is revived, then they are going to have to work through the process and find a process to expedite that. the assumption is they can get the votes but we were told, erin, late today, that deal wasn t finalized and there were questions about whether or not they could finalize that and that s why they were hoping the house would do its job, work its well and move like a fast train over there. but this train has stopped and literally off tracks right now. of the tracks. dana bash thank you for. our second story out front what does this mean for john boehner.