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i've never taken my last offer off the table. and they've never agreed to my last offer. >> boehner says house legislation needs to be posted on-line today and voted on on wednesday if they want to raise the debt ceiling by the august 22nd deadline. timothy geithner is the guy who might not have the money to pay the country's bills on time. here's what he told cnn's candy crowley on "state of the union." >> what we cannot do, this is very important, it would be irresponsible, is to leave the threat of default hanging over the american economy for a longer period of time. back in janu...

put forward by a bipartisan senate group named the gang of six. most liberals don't like the gang of six approach because it would make cuts to social security and medicare. >> we are an anti-gang group. we are -- we're trying to suppress the growth of gangs. we think that it is not healthy for washington. most conservatives complain it doesn't cut spending enough and raises taxes too much. >> the gang of six is a five pages of sort of talking points. it's not an actual plan. >> but the president sees it as a framework for a potential -- potential -- breakthrough and perhaps becaus...

government goes about raising debt ceilings. senate leaders from both parties are hammering that out. the kick the can deal, a short-term deal that would raise the debt ceiling for a few weeks or months. the president has said he doesn't like that idea. coming up next the just get to 2012 deal, a compromise that would give the government spending power to get through the president elections. fourth, the grand compromise, the one the president is pushing for, the long-term deal that could take a big bite out of the deficit. two big head lines, the casualties keep coming and the scop...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.