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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 r ....

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