[gavel] the senate will be in order. we just heard the majority leader making the on the proposal. we would like to have the vote on cloture on the motion cloture on his measure tonight until so we could move forward in that and finally get a resolution here so. we have. bret: so this is senate minority leader mitch mcconnell. it s interesting to see that shot with senator kyl behind him and senator dine feinstein a republican and democrat is sitting together behind him. this argument is about moving forward on the reid plan, the senate majority s plan and whether there should be 60 votes i said super majority. that s not true. 60 votes, normal voting or simple majority 51 votes. that s the argument that s going on. a little flavor. it s always fun at 8:30 to see the senators in action, isn t it. laura: we have to, would. at least they have to, would. that s totally fine. bret, when you watch this play out, mcconnell is such a statesman and he is so
it is introduced by the florida congressman. that is in six years we would have significant cuts and a balanced budget. the interesting thing the other side wants to paint the tea party so radical. we are asking fory one out out of every dollar to be, and that balances the budget. american fam faps are suffer one out of 10 americans are out of a job and it is a reasonable plan and if we discuss things on the merit instead of people calling the tea party or me names. what we should do is cut and talk about why it is unreasonable to cut one dollar
the united states senate and he s going to have to do an aggressive whip to just get 50, 60 members to join, to cross the finish line. the two plans, the boehner plan which the senate killed last night, the reid plan which the house is going to kill even before it gets negotiated, there s a lot of similarities in terms of how much they cut spending but there s still huge different divides, particularly the balanced budget amendment, specifically how much the debt limit would be increased in the second tranche, president obama wants this to be a process that goes through 2012. republicans want to cut $1.8 trillion in spending, a lot of democrats fear that will come out of entitlements and what not. i m hearing reid will do an aggressive push trying to get moderate republicans on his team and then send something over to the house by the end of the weekend. honestly in terms of what the clock tells us, that s the only plausible way forward that we know of right now unless mitch mcconnell,
jobs. give me an idea how this is all going to play out. you know, i think today we re going to have a great conversation, not only on the floor but working with the united states senate to meet those primary objectives for the american people. this is our opportunity to listen to the american public to create solutions that they are demanding and those solutions, cut spending, put a plan in place to meet the august 2nd deadline. colorado republican congressman cory gardner, many thanks for your time. good luck today. thank you very much. as you all know, uncle sam is quickly running out of cash. now apple actually has more cash on the books right now than uncle sam. the maker of ipads and iphones is sitting on about $76 billion, while the u.s. treasury now has about $74 billion. my colleague richard lui is here with new details on who could get paid and who won t, should we default. good morning. good morning to you, alex. it s simply a catch 22.
and i was ready last night. and the matter of interest. they are in congress for the first time. i care more about our country s future than i do about a deal. this town is all about deals . i want a solution to the nation s problem. if i thought it would fix the problems, it is not about my principals that keeps me from voting for this. it is a plan that never balances and adds tril yonce more debt to the country. i care more about the country than a deal.