whether democrats carry the day in the house of representatives is the minority. this feels like alice in wonderland. totally upside down. the majority is supposed to be the party that moves us forward because they run the ship. jenna: he can anchor any time for me. sorry about that sound running a little early. but talk to us about the time line here because there is one when it comes to the debt ceiling. what are we really looking at? we re hearing this vote will occur tonight. for practical purposes, it has to happen by wednesday because house democrats are headed out of town on thursday for their annual retreat on maryland. congress will be in recess for two weeks after that but treshy secretary lou indicated if the u.s. runs out of borrowed money by february 27, add to that a snowstorm barrelling down on washington that could dump as well as a foot of snow tomorrow night and that could physically paralyze the city in ways that
i do believe, senator, he was sort of referring to you in some of those remarks about the extreme members of congress that they characterize as extreme shutting down the government to the harm of the u.s. the debt ceiling. how should republicans approach that? let me commend actually secretary lew for not being willing to demagogue on the debt ceiling the way his boss hadz. you asked him directly come october 17th, will the united states default on its debt? and three time he avoided answering. the reason is the answer is, of course not. frankly, what i wish he said and what any response to a president would say is you come out and say under no circumstances will the united states ever default on its debt. that should be the answer. secretary lou went half way there by refusing to repeat the claim that president obama s made that there is some risk
reporter: technically, actually already hit the debt limit back in may. the treasury secretary says the government has been using extraordinary measures to pay the bills since then. today the government really runs out of money, bill, sent 30th, got it. pushing towards 17 trillion. can t wait for that day. are republicans changing their strategy based on what secretary lou was talking about on sunday with chris wallace? reporter: doesn t sound like it. republicans we re hearing still want any increase in the debt limit to be offset by equal or greater spending cuts elsewhere. we re hearing republicans point to the administration s decision to delay the employer mandate part of obamacare and they re saying if the law isn t ready it shouldn t get any money. look, chris, we all know that the government s going to get funded. the only question is whether the government gets funded with obamacare and without it. what i m saying the president said he is not ready to implement the law.
daniel werfel as the acting irs commissioner and secretary lou instructed him to up immediately conduct a 30-day review. bill: that review is pending now. pending also is the money shot. that is the six members, six individuals, six americans, sitting in front of that hearing table. we will hear from them beginning in a matter of moments. we have to take a commercial. got to pay some bills here. we will not leave this hearing. quick break, back in two minutes. after this.
fired. i reviewed the treasury department watchdog s report, and the misconduct it uncovered is inexcusable. it s inexcusable, and americans are right to be angry about it, and i am angry about it. i will not tolerate this kind of behavior in any agency but especially in the irs. reporter: the first irs casualty. today secretary lou took the first step by requesting and accepting the resignation of the acting commissioner of the irs. reporter: a growing number of conservatives were lining up to claim they had been targeted too. conservative christian preacher franklin graham said the irs audited his charities after he stood up against gay marriage. in a letter to president obama, graham said, i write to inform you this profiling by the irs was not limited to conservative political organizations indeed it extended to religious charities. frank vandersloot, fund raiser for republican presidential candidate mitt romney says, the irs made his life a nightmare.