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 to pass and send to the states a constitutional amendment every year. but it's a nonstarter for the president and most senate democrats. >> speaker boehner should just give it up. he throws piece after piece after piece of red meat. and it's time that he tamed the lion for the good of the country. >> like the gop plan of not, the bill is sent to the senate. the major democrats promise to defeat the house proposal and the senate expected to move to harry reid's proposal to raise the debt ceiling by $2.3 trillion. and aims to enact 2.8 trillion. but the democrats don't trust the math. and fifth grade civics lesson here. harry reid can't get the vote. and which raises the question, at one part will they give way to serious considerationso? the administration says they need the credit line. with no end game in clear sight, financial marktss more than nervous. wall street in its worst week in a year. the dow, down 4.2% for the week meaning your 401(k) took a hit. we are waiting for harry reid to say, what next. >> i will be honest with you, john. it doesn't seem like there is a clear path to what is next. senate major leader harry reid has an array of options before him. what we know with pretty much serenity because we have been hearing it from the senate majority leader himself, the bill that just passed the house is dead on arrival. the democrats have support and it will not be going any way. the question, what is next? he has optioned and they did not appear to know what direction they will take. here is why. the real negotiations need to begin now and quickly. they have not been negotiating because it would be really unseemly for the republican leader of the senate to be negotiating with harry reid to try to reach some compromise to an end game. and his partner in the house of representatives was pushing forth with his plan. and now that that step has passed, it is moving to the senate and all tieyes will find out where they are going to go and we are listening to harry reid on where he plans to go. one option, as you mentioned, he would in a complex legislative way do a motion to table, part of this bill. would set it it a side. wouldn't kill it but set it aside and that would give democrats in the senate an opportunity to vote, to show this bill, the boehner bill, does not have the votes to pass in the senate. a move to allow them to have a say. t the negotiations have to continue. >> kate bolduan, we will bring you his plan next. and how did the speaker win the votes for the house passage? and are conservatives ready to strike a deal for tuesday? jeff flake voted yes today. south carolina's tim scott, one of the house republican freshman class, voted no on the plan. let me ask you, yesterday, you voted new. part of the second installment. is that what won over? >> i was no and when it include the balanced bunt, that was it for me. cuts and balance. i don't agrudge those who voted against it. but i felt it deserved a yes vote. >> why was was it not good enough for you. >> at the end of the day for me, it was moving the balanced buget amendment to the first tier of the debt ceiling increase. >> i understand and respect your position on that. you know in that building there, you don't have the votes to get it through the senate. even if you could, the president of the united states said he doesn't want it. what the democrats are trying to say f you drop that, we would probably get a deal. but you won't drop it because -- listen to chris von hallen. >> in the last 24 hours, we confirmed what many people suspected. what the tea party republicans may be be noisy and effective protest movement but they are unfit to govern. they are unfit to govern. >> they saying because of tea party can cause a protest but you are unfit to govern. how do you prove him wrong? >> the president has done that for us. there is no leadership in the government from the white house whatsoever. there is no budget in the senate in over 800 days. the only leadership has come from the republican conference. speaker boehner has given them two opportunities. and tonight, we are sending another opportunity over to the senate to join the leadership team in congress. >> you have been here for -- this is your sixth term. you are new to washington but served back home. you understand, one chamber, two chamber and you have to figure out a deal. let's assume in fact the end, leader reid can't get enough votes. what if we have this? $2.5 trillion or so, increase in the debt skreeling, equal cuts in the congress. no tax increases in there. you get to vote on a balance budget but it's in the deal. and no savings from iraq and afghanistan. there is a trigger to force addition@cuts. you would get mandatory mechanism for the standing. is that good enough for a final deal? >> i would say that is a vote in the right direction. >> would you vote for -- >> would seeing senator reid's plan, it contains $1 trillion in cuts because he assumes the ending of the war. i'm not sure. for me, i would like to see more. >> how about if we make the reid plan, so it's their plan. give the president the debt increase through the election as he wants and attach the balanced budget. put him in a position where their only objection is a balanced budget amendment where most have voiced support for. and many in the house, have voted for as well. the clean budget house. >> both jend themen, stand by. harry reid has come to the floor. we will go back to the floor of the senate. let's keep the conversation here. in divided government, there has ta be some give. is it your position if there is no balanced budget amendment, would your vote be no? >> that is very difficult to get my vote. just like the president said, it's difficult to get his support unless it takes it to the election. and we will see it to the reid bill. i would do that. but atash the balanced budget amendment. there is plenty to compromise. >> no balanced budget, no vote frr tim scott. >> it's the balanced budget amendment. i need that first. >> you need that first. if speaker boehner, if there is a plan like that and it doesn't have the balance budget, should he refuse to bring it or the floor and bring it to the floor and it passes with the moderate republica republicans or no, it's so important i'm not going to bring it to the floor. >> when people say they will not vote for something. i was here for the t.a.r.p. and what people voted for and they never said they would when the stock market dropped 700 points. they haven't been put in the position yet. >> has your speaker been minimized by the fact that he had to delay the vote -- i need to stop. the majority leader of the senate on the floor right now. >> there is sufficient second? >> there appears to be. >> there appears to be. the clerk will call the roll? there barrasso. in pl baucus -- >> another roll call. we will go there as soon as we can. come back to that closing question. the how vote was delayed. planned for last night. the speaker said, zipdy do da and approaching midnight, had to pull it from the floor. that is embarrassing when you are the speaker of the house of representatives and do you believe, is there a weakness in the leadership team? did the whip not count the votes white? what happened? >> i in the speaker's finest hour has been in the last 24 hours. our speaker has shown strong leadership. he is willing to listen to the conference, making what is difficult come together and come together in time for the senate to act. i think speaker boehner is stronger than he has been. >> i have been around for a lot of negotiations like this. and the tools that the speakers have had in the past to hand out pork and earmarks this would have cost billions in the past. the speaker did haven't that ability and still, he was able to do it. we have more respect for the speaker than before. >> we are going to take a break. we waiting for harry reid to speak. and senator john kerry, who i bet you as a different view than these conservative republicans. we'll be back. excuse me? 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>> i think it depends. closing loopholes and that would not result in revenue -- >> can do you that by monday night? >> no, but what you can do is set up a structure, what we want to do. so going forward in the next few months, we force a guaranteed vote process that we are dealing with america's problem over the next if you months. i believe if we have a joint committee and have an ability to bring up a gang of six eveffort and have a way to force that vote, i think we would have a process where the americans say, these guys will be forced to deal with it. and no matter what happens, it will be a center piece to the election. >> you made your case, washington, more than year, actually taking in more than it was spending. and to the person out there saying, you were part of that. but you have been here in later days of the clinton administration, and added to the debt. 6.1 trillion added in the bush administration. and then a democratic congress came. and the obama administration, now you have divided g., 2.4 trillion added. yes, you did that. that was 11 years ago. are you part of the problem since? >> i will answer. i don't believe so. i think the democrats have offered and the president has offered -- i keep hearing the republicans saying, where is your plan? the president put a plan on the table with speaker baoehner and said, i'm willing to do 4.7 trillion 234 reductions and i'm willing to put medicare, social security and medicaid on the table. now, many people on our side didn't like that. but we swallowed and said, okay, you have to compromise. john, show me their compromise. there is no compromise on their side. no president could have negotiated with people who say we are not going to negotiate. it is our way. and i will just finish the thought. right now, we just spent a day where speaker boehner is negotiates with republicans. is a civil war in the republican party. this is not democrats. and harry reid has a caucus waiting to find the compromise with the republicans. and the republican party is hostage with a narrow group in the house that doesn't negotiate. what we need are people of common sense, good will who will put the country ahead of party. who will come to the party and negotiate for the good of the country. what is what americans want to see us do. and that is what we have done. we don't have any revenues in the proposal that harry reid put forward. that is a concession. where is their concession? >> given the situation, does senator john kerry think that monday night, giving the deep divide we will have an agreement to get to the president's desk before the deadline? >> i believe that people of goodwill are going to come together. i believe that common sense are going to prevail. the consequences of a default are beyond disastrous. ireland, greece, they are watching what we are doing. their relationship to the imf, to our treasury to our paper. businesses all over the world. this is vital for us. i am confident that we will come together. we will come up with a way to work this process over the next months. force the congress to deal with what is a national crisicrisis. we have to reduce the debt. we have to reduce the deficit. everything has to be on the table. have to see the house put everything on the table. the simpson boles commission did it. >> appreciate your time. when we come back, we are wait fog see the debate begin on the senate major. and we have the senator from south dakota when we continue in a moment. it all happened so fast. it was clearly too late for me to do anything as my mercedes collision system automatically kicked in. the next thing i know, the mercedes stopped itself. ♪ watching what mercedes has done in bringing together these sensors in a car with software that has the ability to save your life. that's magical software. [ male announcer ] the innovation, the engineering of mercedes-benz. the best or nothing. ♪ let me make you smile ♪ let me do a few tricks ♪ some old and then some new tricks ♪ ♪ i'm very versatile ♪ so let me entertain you ♪ and we'll have a real good time ♪ [ male announcer ] with beats audio and flash, you can experience richer music and download movies straight to the new hp touchpad with webos. live pictures of the floor of the united states senate. we are waiting just an hour or so after the house passed its plan. the president says he doesn't like it. the senate action about to begin. we are waiting for harry reid to lay out where he will take the debate next. and a n a moment, john thune of south dakota. let's go to the white house where the president is reacting. jessica yellin is standing by. >> reporter: the president has not himself put out a statement. but john carney said the house vote, if passed, forces us into another crisis. they say that it's dead on arriv arrival. that is a quote. and it pushes forward to senator reid's bill and the it calls on the democrats in the senate to find common ground. they want it to head to the senate where it's headed and they want it to happen as quickly as possible. is there enough time to get it done in the remaining hours? there is no plan. the officials have made it clear, if it is productive, it can happen. it's no so close. >> jessica yellin, a good question. would it be productive. john thune, if you are an average american watching the home, why does the house have to plant the flag knowing the democratic senate will not pass it and the democratic senate majority will not say yes. when can people sit around the table and figure it out? >> if you go back to last weekend, they were very close. they had a frame work in place. leader reid and speaker boehner had come to an agreement and the white house turned thumbs down on that. and they came back to the drawing board and boehner to the house. and reid in the senate. and the votes are going to happen. both sides need to have their votes. we are going to vote when the paper work comes over from the house. it will go down and it will trigger a negotiation that will yield a result. >> we know what is going to happen. why do we have to go through a ritual? >> there are a lot of people that want to demonstrate they can govern and they want to stand up for their principles. and submitting it to the senate for a vote is an important part of the process. >> i get angry tweets from the democrats when i say this. but i don't think anyone should be surprised. and they won pretty big. the question is, where l they compromise going forward. i had two republicans saying they don't want to vote for anything in the end that doesn't want to have a pass the balanced budget. to get the debt ceiling, you have to pass a balanced budget. this is too important of an issue. >> they want to vote on an amendment. and we need to have that and give them an opportunity to vote on a balanced budget amendment. and the reid cut does not -- there is more of a commitment to spending in the near term