deadline might finally force sort of an acceptance of this. so this is a different strategy now on a tuesday when friday is the deadline to make this move. so as soon as the senate sends the proper paperwork, a little behind the scenes activity there, they plan to call for a vote. that vote would be to fund the department through the fiscal year. democrats will support it meaning it is likely to pass. we don t want to get too far ahead because we have seen too many times, jose how things we expect to happen don t necessarily happen, but strategically, new plan from john boehner today. this vote happens today, any idea when? don t have specifics on timing. first step paperwork from the senate because they handle it. the intent clearly is to get it done quickly and probably the intent to get it done while much of the national conversation is about benjamin netanyahu. to move on this is one where democrats prevailed, the house, tried, couldn t get the strategy through. at least at thi
59, karen. and this is the continuing resolution. it s come back from the senate, the idea now is that they re going to amend it, and with the amendment they re going to repeal the medical device tax. now the medical device tax, it s interesting. because there is room for discussion about the medical device tax. but karen, not when not in these circumstances. not when they ve got us over a barrel. there s so many americans that would suffer, and it s so stupid because it s been proven that a shutdown costs american taxpayers money. you would think it would save us money, but in the 95, 96 shut downs, those shutdowns cost about $2 billion. because of all the furlough notices, all of the prepare work, a lot of the administrative stuff that goes on, you end up losing a lot of money from stopping and starting
go quite so well for them. that s not quite true. let s check the record on that. 95 shut downs, actually two of them, michelle yes, there were. and we look back and say, the republicans suffered buzz of that. but what happened in the next election was clinton was re-elected. the republican majority in the senate increased to two. and republicans loss in the house was an incidental first time in seven years but the overall perception damaged i think the to the republican party is that remember the other right. remember the other piece that happened was newt gingrich whining because he didn t get the seat he wanted on air force 1. that didn t help their over-all. my point is more this guy is not stupid. he knows what he is doing. he knows how to rally up a crowd. he knows thousand push a leadership. he wants what he wants. we wants to shut down obama care and he will go out with the
we are minutes from an update on the new york city subway shut downs. we are told the mass transit shut down could be expanded beyond that. we ll have a live report coming up. time and time again we have heard the president promise more jobs and less red ink. today does mark the beginning of the end. the beginning of what we need to do to create jobs for americans. our economy is now growing again, and we may soon be adding jobs instead of losing them. megyn: however, unemployment lines continue to grow and the debt clock keeps ticking up. could those promises come back to haunt the president? we ll have a fair & balanced debate. and she said that she confessed because she thought it would save her job. now this abc weather anchor who lied about an assault is saying she was duped by the police. her unusual defense in trying to get out of that charge in kelly s court. with diabetes, it s tough to keep life balanced.
to park somewhere. but longer term it does create pressure on interest rates potentially. shepard: how quickly could people notice something if the politician whose created this screw it up further? guest: the stock could get spooked and that would be the most immediate response and affect on people s psychology. i don t actually think that interest rates will surge immediately upon this because there are other mechanical factors keeping the treasuries moving along but it would not take too long beyond the august 2nd deadline. by the way, in 17 government shut downs, since 1970 s, an average of three days so we have done this before. it is not exactly virgin territory. shepard: the part that we will not pay our debt. guest: no one is saying