focused on? is it going to be a jobs plan? tax reform? what is next beyond this for d.c.? as you know senate didn t pass the budget last year. somebody has to pass a budget some time there will be a fight over that and continuing resolution to keep the government funded. whey see is the battle over the size and scope of the federal government and the federal spending is going to continue all the way through the election. now, the public says it s its number one, two, three issue is jobs. how does that play in the public s concern about jobs? that s what we will see on the campaign trail. jenna: we can t forget friday we have another jobs report and that adds another variable in the mix for the market and everything else. byron, nice to have you on a sunday. thank you for your perspective today. thank you. bill: jenna, we have a fox news alert on this. we expect the verdict soon in case of two american hikers charged with spying in iran. the trial for josh fattal and shane b
boehner proposal that came over to the senate, back to the house, to finish this up and, i think we can. okay. it is important we get it done. i agree with you on that. i think everybody is in agreement. most people are, who agree the debt ceiling needs to be higher. do you expect a deal before midnight on tuesday? or is it a typical case of washington, when confronted with the massive issues to go to the 11th hour? now i believe we ll have a plan that will work to put through today, i m not sure of the timeline, we re still working on the vehicle, whether the boehner bill, resurrected or whether we use something else like the bill passed out of our committee, passed both houses, will somewhat dictate the timeline but we are shooting to make sure. once we have the plan in place we ll make sure it fits so we don t have a default issue with the timeline. and you convene at noon today, right? and there might be a vote at the 1:00 hour.
those folks need a nap down there. i guess they ll get one eventually. mike, thank you. thank you. bill: they convene in 28 minutes on the senate side. we are talking about a vote sometime in the afternoon. thank you, mike. jenna? jenna: no matter what happens here with this deal, the united states could still be at risk of losing our credit worthiness, our triple-a credit rating. that is the highest possible rating that can be given to any country. triple-a rate borrowers can usually secure loans at lower interest rates. at a consumer level, that means we get lower interest rate as well. u.s. held triple-a rating since 1941. it turns out, though, that some countries with only a a.a. rating, a step below us, pay less in interest. we have want to talk a little bit about this with steve moore, the senior economic writer for wall street journal. steve, we hear a lot about if we default, or i should say we get downgraded they re not necessarily linked together. if we get downgrad
the white house and the capital right now, at this hour, because both sides realize the economy s back is to the wall. the economy could crash if they don t get a deal, number one. the backsides are to the wall. they have an election, both parties to face, and they could get the blame if it falls apart. that is pushing them to get it. jenna: maybe bill and i can do a version of kumbaya to help that out. i would love to see that. jenna: nice to have you. thank you for the perspective. bill: i ll bring that in. jenna: i like that. six-string okay. what would really happen if the nation fails to raise the debt ceiling by the deadline on tuesday? the truth is, really, that nobody knows for sure. some say the country may not have enough money to pay all the bills. some say that would not be the case at all, though. we do have the money to do this. does it mean the $23 billion of social security checks set to go out on wednesday could be in jeopardy? that is a big question for
that we re confusing them, they wake up and think it s monday morning. it s not. it s sunday. bill: the debt details are confusing. the lawmakers are hinting they will have a done deal on the debt ceiling before the tuesday deadline. take a listen. i m confident and optimistic we will get an agreement in the near future and resolve the crisis in the best interest of the american people. let me just add, you know, our country is not going to default for the first time in history. that is not going to happen. we now have i think a level of seriousness, with the right people at the table that we needed and thought we had as the speaker indicated last weekend. we re going to get a result. jenna: let s find out why there senator reid believes that. chief white house correspondent ed henry live at the white house. that is the place to be.