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Goals we set out to do. >> i can't vote for a bill that only cuts $1 trillion. >> reporter: boehner will try again this morning. he is not giving up. >> we need to try to find a way to pay the nation's bills and do it in a responsible way. >> reporter: what's next? today the treasury department may introduce an emergency plan. some lawmakers say it's time to abandon deficit reduction and focus only on extending america's borrowing. >> a clean debt ceiling vote and then continuing on with this conversation, or failing that, 14th amendment option is what's in front of us. >> reporter: the 14th a...

Democrats' number three is urging president obama to veto any short-term fix and raise the debt limit himself by invoking the 14th amendment. what's the white house' position? >> reporter: well, this is an idea that's been bandied about for quite some time that 14th amendment option. white house officials this morning telling me they still don't think it's a viable option. the president addressed this issue head on in fact last week during a town hall meeting at the university of maryland when he said, look, we've consulted with council here and they say we just don't think it's a winning argu...