meeting between the president and his top party leaders in congress? reporter: as far as we know, the president is meeting right now with senate majority leader harry reid and with leader pelosi from the house, the leader of the minority in the house. and we don t have details on this yet, it s a closed press meeting, meaning we didn t even get our pool cameras inside to get a glimpse of this, but we know from a white house official that they are meeting here at the white house and we re hoping to get at least a notification when that all wraps up. white house officials saying this is to update the president on around these debt negotiations and what we re really seeing, and this is part of it is a flurry of negotiations going on and this all kind of follows some cab book i can theater playing out on the bill. we saw the house vote on the boehner bill and the senate picked it up and the boehner bill failed in the senate and we saw the house vote on the senate bill t reid bi
what could be the largest municipal bankruptcy in u.s. history. good morning to you all. thank you for spending part of your weekend with us. i m t.j. holmes. we do need to start with a debate that was supposed to be over already. we are less than three days from a possible u.s. default. this clock is still ticking and a deal is not done. we are expecting a lot of action on capitol hill today. both houses in session, but whether there s going to be any real progress, that s anybody s guess. this is what we ve got going on today. the house starts debate at noon with the likely vote on a democratic proposal expected some time after 1:00 p.m. not expected to pass, however. then over on the senate side, they kick off debate on the democratic proposal around 1:00 eastern time. they could be debating that for up to 12 hours before they even vote on whether to vote. kind of a procedural vote would take place, possibly around 1:00 a.m. we did hear from president obama this morning
ridiculist tonight. breaking news everyone. tonight right now in that building over on the senate side according to democrat harry reid who spoke last hour, nothing is going on. the senate is now adjourned. but the clock is still ticking and the government is running out of money to pay the bills at this moment because the debt limit was not raised back in may, the united states treasury has less cash on hand than apple computer. on wednesday the government will have $23 billion in social security checks to send out and not enough cash to cover them unless it doesn t send out a whole lot of other checks. now, earlier this evening after a string of delays the house narrowly passed speaker john boehner s version of a debt reduction bill. i stuck my neck out a mile to try this. to get an agreement with the president of the united states. i stuck my neck out a mile. and i put revenues on the table. in order to try this. to come to an agreement to avert us being where we are.
motes. 22 republicans voted against it and all of the democrats. just before the vote, speaker boehner blamed president obama at the talks aimed at a bipartisan deal. i stuck my neck out a mile and i put revenues on the table. in order to try to come to an agreement to avert us being where we are. but a lot of people in this town can never say yes. a lot of people can never say yes. this house has acted and it is time for the administration and time for our colleagues across the aisle, put something on the table. tell us where you are. here is the thing. the conservatives resulted in a bill that has no pass of passing and no chance of a cigsignature from a democratic president. it holds our economy captive to washington politics once again. in other words, it does not solve the problem and has no chance of becoming a law. here is why he rejects it. it would force spending cults immediately. but to get increase in the debt ceiling, the house and the senate would have t
elected to office, and yet they play worse than 3-year-olds. i d fire them all. what would it take to get a deal done? i ll ask the white house and the republicans. plus, what this crisis is already costing you. and adam levine, rock star, maroon 5 front man. he s sold more than 15 million albums. he s conquered tv on his first season of the voice. christina takes things to a whole new level, right? you can level with me. i can t on national television. but tonight his biggest challenge yet. i m getting him to do something you ve never, i mean never seen him do before. this is so dumb. i don t know why i can do it. that is incredible. the amazingly multitalented adam levine. this is piers morgan tonight. good evening. we begin tonight with america s debt crisis. it s not just republicans versus democrats. it s now house republicans battling among themselves over speaker boehner s debt plan with days to go until the august 2nd deadline. is there still a r