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Transcripts For CNNW CNN Newsroom 20110730



and there s that clock that we speak of. just under two days away from a time when we re told by the treasury, this country will not be able to pay all of its bills. so let me give you the rundown of what s happening today. the house gets to work around noontime today. that s just about two hours from now. after some debate, they ll vote on a proposal from senate majority leader, harry reid. that proposal is expected to fail. then on the senate side, they open debate on that same reid bill at 1:00 eastern time this afternoon. the debate there could go on for some 12 hours. now, it may not be until a lot of us are asleep that the senate gets to vote on that reid bill. the senate has moved on to the reid bill after deciding not to vote on the bill from house speaker john boehner. the nays are 210, the bill is passed. without objection to motion to reconsider is laid upon the table. what you re seeing there is that speaker boehner s bill actually passed. it finally pas ....

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