having it? it s not that simple. they have to come up with some compromise, some sort of plan that can pass the senate and go back to the house of representatives and pass there something that the president could sign that would allow the united states to raise the debt ceiling and avert some sort of financial disaster come tuesday. it s not simple at all, so they need to work together. the mainstream, main leadership, democrats and republicans, they need to find a way to come up with the bare minimum to get over this hump. it s a huge, huge obstacle, standing in the way of an mechanic recovery, if you will. so the stakes really are enormous. what we re waiting for here is senate majority leader harry reid, about to explain why the senate has rejected john boeh r boehner s bill. let s go to jessica yellin while we wait. cnn s chief white house correspondent. it s been a day of frantic arm twisting, but we ve ended up really absolutely nowhere, haven t we? that s right.
for the first time in the history of our country unless there is a compromise or they accept my bill, we re headed for economic disaster. it s time for republicans to step forward. there s been some movement today. as i indicated on the floor, i was having a meeting in my office this afternoon with some splun and that fell through. as they were walking into a conference, three republican senators said they were interested in my bill, interested in compromise. they need to step forward. muns are blocking republicans are blocking their ability to kproomize, refusing to negotiate with us. all they do is talk, enough to get done. the house will hold an up or down vote i m told on my proposal. we should be allowed to do the same. that s all we re asking. it s time for us to be adult. it s time to come together and compromise. it s what the american people want and what we need to do. senator durbin? i m sure you recall the speech that was given to the american people on mond
legislation. the proposal i put forward is a compromise. we changed it even more today. we would have changed it even more, but as i indicated on the floor, we had no one to negotiate with. the republican leader said he wouldn t negotiate with me. i don t know whose that is. not mine. your pizza s ready. it really is a worst possible time to be conducting a filibuster. they are forcing to us wait until tomorrow morning at let s see. today is still friday. until sunday morning at 1:00 a.m. to have this vote. our economy hangs on the balance. and for the first time in the history of our country, unless there is a compromise, or they accept my bill, we re headed for economic disaster. it s time for the republicans to step forward. there s been some movement today. we ve as indicated on the floor, i was supposed to have a meeting in my office this afternoon with some republicans. that fell through. but we told that as they walked into a conference, three republican senat
after piece of red meat to the right-wing lion that seems to dominate his caucus. we re not going to divulge. we re going to solve this problem, one way or another. countdown to crisis. your financial future hanging in the balance. this is piers morgan tonight. good evening, an extraordinary day on capitol hill today. the house passes the boehner bill and the senate properly slaps it down. senate majority leader harry reid held a news conference speaking on tonight s vote. senator murray asked to be excused cause of a family situation. all good. her husband s here. tonight a bipartisan majority in the senate rejected boehner s short-term plan. clearly, we re seeing something we ve seen a lot here in the senate. this time the country s attention is focused on it, a filibuster. a filibuster to from william ford on this legislation. a proposal that i put forward is a compromise. we changed it even more today. we would have changed it more, but as i indicated on the fl