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The ante keeps going up and up. can the republican leadership keep their team in check so they can have a credible bargaining position with the white house? jon: there is fear among republicans that if they don't take a tough stand right now in advance of this vote of raising the debt ceiling they'll have a rough couple of years under the president. >> reporter: sure, jon the people i'm talking to and the hill, the republicans say, this is the moment, if we back down now and do not get serious cuts from the president we are never going to get them because our position will never be stronger th...

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Burning through an average ever $3.7 billion a day that they just don't have. fox business network's stu varney is the host of varney & company on fbn. stu, here we go again. we already had this battle last suggest, it resulted in both sigh, especially -ts g.o.p. side taking considerable damage in terms of the electio the electorats feeling about them. and here we go again. >> another face off, another debt crisis. let me give you the timetable if i may. about two weeks after the election american will run out of borrowing power, we'll have to raise the debt ceiling, that is just two weeks aft...

Tomorrow. it's call td same-day procedure, they're going to make it possible for john boehner to tweak this bill once more. it's been tweaked a little bit before and bring it to the house floor tomorrow. at 10:00 a.m. tomorrow eastern time, house republicans will meet in the capitol basement and there, speaker boehner will face a job of selling the retweaked bill to his conference. greta. >> greta: how do we get here? those who might just be tuning in, what happened? >> well, our boroughing authority is set to expire on august 2, our $14.2 trillion debt limit will be reached unless congress an...

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