you re looking at live pictures right now in the house floor, where just moments from now a vote is scheduled on republican house speaker john boehner s plan to avoid unprecedented default. but the bill which needs 216 votes to pass is facing fierce new backlash inside the party. if it does pass, it immediately goes to the senate for a vote where harry reid essentially says it s dead on arrival. meanwhile, ceos at the biggest banks have their own warnings. fix this now or there will be grave, in their words, consequences for all of us. kate bolduan is standing by live on capitol hill with the latest. that vote getting ready pretty soon, right? reporter: pretty soon. house republican leaders have been working hard all day loin to secure the votes they need to pass. house speaker john boehner s debt ceiling bill. a a sign of how close this vote might actually be. boehner has been holding one-on-one meetings in this lobbying effort, trying to at the very same time, democrats
i realize that he probably is less the cause of a headache for michelle bachmann, and more a pain in the other end of one s anatomy. reporters have a right to ask questions, but not to demand an answer and to physically invade a candidate s personal space orie fuse to accept no for an answer. no candidate is required to help load a gunpointed to his or her own head. they are free to write their stories and are not free to force a candidate to give them fouder for it. that s my view and i welcome yours. you can contact me at mike huckabee .com. she has been spenting a lot of time lately and i can t imagine why she would be doing that. i want to get right to the things i was discussing. i want to talk about when the press acts like they have a
medicaid, and they think this would make it harder for them to run for re-election next year demonizing the republicans as wanting to take away all the entitlement benefits. and there is a question of timing. in the previous deal that fell apart when boehner walked away the tax officers were beginning to come right away and some of the spending cuts would not come for a while and republicans say that is always how it is but if this deal the spending cuts come first and the tax reform next. democrats are worried we will get the spenting cuts but are we sure the republicans will make good on the revenue increases, so there is a lot of, to use ron s old phrase, trust but verify, and everybody seems unhappy so it must be a good deal. gregg: that is the litmus test in washington. thank you, chris wallace. chris has a big guest this weekend and you can catch more on fox news sunday, treasury secretary geithner will be his guest this week.
the spending cuts would not come for a while and republicans say that is always how it is but if this deal the spending cuts come first and the tax reform next. democrats are worried we will get the spenting cuts but are we sure the republicans will make good on the revenue increases, so there is a lot of, to use ron s old phrase, trust but verify, and everybody seems unhappy so it must be a good deal. gregg: that is the litmus test in washington. thank you, chris wallace. chris has a big guest this weekend and you can catch more on fox news sunday, treasury secretary geithner will be his guest this week. so be sure to check color local lifting for show times. a deal to get nfl players back on the board. the owners are on board but what about the players? stay tuned.
you isle ask the former pakistani president musharraf in he knew osama bin laden was hiding in his homeland and if he knows terrorists may be holed up in pakistan right now. i m wolf blitzer, you re in the situation room. first, a powerful reminder today, if they don t reach an agreement in the next 11 days, all hell could brea look. standard & poor s is warning the nation could be shoved back into recession very soon after the august 2i deadline passes with the clock ticking and stakes rising, our own jessica yellin learned that leaders plan to meet this hour at the white house. we re learning a good deal more about where the talks stand. kate bolduan has the latest. what do you know? both sides, all sides are cautioning and stressing that there is no deal. we are learning that president obama and house speaker john boehner are making a fresh drive to strive for one maybe last effort on this some of the ideas could include $3 trillion in debt reduction. that could includ