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Treasury secretary tim geithner said, if the ceiling doesn't get raised it wouldn't be good. >> i think it'd make the last crisis look like a tame, and modest crisis and the cost of borrowing would go up for everybody and permanent devastating damage on our economy. but paul ryan is not scared and doesn't think it's a good idea to ignore the spending problem and keep borrowing more and more so he's not going to vote for an increase unless congress agrees to a disagrees in spending. >> we won't simply raise the debt limit we'll vote for conjunction, i don't see may 15th as a hard fast deadline,...

Congress fell, the republicans fortun fortunes and the presidential race fell. here the probable nominees, people like romney, perry and even bachmann who's there but not in a leadership role are not representing the congress. boehner and reid are. therefore, i think this is hurting everybody in washington and that includes obama. >> dick, i have to tell you, you've seen the polls, you actually authored a lot of these polls that show the american people blame the republicans more than the president for the current deadlock and if the ceiling doesn't get raised. how do you play that out, if you...

Fortun fortunes and the presidential race fell. here the probable nominees, people like romney, perry and even bachmann who's there but not in a leadership role are not representing the congress. boehner and reid are. therefore, i think this is hurting everybody in washington and that includes obama. >> dick, i have to tell you, you've seen the polls, you actually authored a lot of these polls that show the american people blame the republicans more than the president for the current deadlock and if the ceiling doesn't get raised. how do you play that out, if you're a republican? >> well, firs...