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Patently ridiculous. we will not default on our debt and have more than enough ongoing tax revenue to avoid that. reporter: he says he will introduce legislation which would require the treasury secretary to prioritize payments, first to keep the u.s. out of default and secondly, to make sure the social security checks go through and active duty military will be paid. bill: fast and furious there, so to speak, thanks for that. jamie has more now. jamie: john boehner putting more pressure on president obama and the senate to pass a debt plan, this morning. and he actually followed up on his primetime tv speech by going on the brian thomas show on 55 krc radio, in cincinnati.passed get us past the potential default and, begin to put caps on spending and make real changes to the way we spend people s money. and, the senate last week decided to table it. and so over the weekend i worked with harry reid and mitch mcconnell, to put together a ....
Sacrifice too much. the president often said we need a balanced approach which in washington means we spend more, and you pay more. you run a small business, i know the tax increases will destroy jobs. reporter: with acting one week to go before the august 2nd deadline both sides still engaged in the high stakes stare down contest, and no one willing to blink and the bottom line, though, bill, is that there is considerable doubt that the reid plan in the senate has enough votes in the house and the boehner plan in the house has enough votes in the senate. that is where we stand. bill: okay, so there is another senator working on a deal, which senator is that, to prioritize the payment of u.s. bills if we go past august 2nd. reporter: senator pat toomey doesn t believe the u.s. will default even if the debt ceiling is not reached on august 2nd. we cross august 2nd without raising the debt limit, it is ....
Responsible, and it can pass the house, and it can pass the senate, and i hope the president will consider signing it into law. good morning. you know, the president spent 10 to 15 minutes last night on tv, and, there are a lot of words in there, but, what the words didn t say was what the president is for. there was no evidence that he has a plan. he doesn t like our plan but he has not put a plan forward yet. and, there were a lot of words and a lot of focus on the politics here. the president spent a lot of time talking about corporate jet owners and millionaires and billionaires and things that have nothing to do with the debate right now, and, at this point, you know, we have three options here. one is to wait, do nothing and go past august 2nd and bring on possible default, which i for one am not for, nor is the speaker or any of us standing up here. another is to go with harry ....
Carry a bigger burden on the debt deal and house republicans say tax increases are a nonstarter and the latest talked-about plans, one in the house and one in the senate, neither calls for more taxes and doug mcelway is live on the hill to follow that. a bouncing ball. what is the latest? reporter: you know, bill, as speaker boehner left the capitols last night after the conclusion of his remarks he was overheard telling a security guard i didn t sign up for going mo mo mono mono against the president of the united states, and, the president calling for revenue increases, though his own senate majority leader, harry reid called for none and, the president and speaker boehner, back-to-bark. president barack obama: let s ask the weatherest americans and biggest corporations to give up some of their breaks in the tax code and special deductions. this balanced approach asks everyone to give a little, without requiring anyone to ....
Law. good morning. you know, the president spent 10 to 15 minutes last night on tv, and, there are a lot of words in there, but, what the words didn t say was what the president is for. there was no evidence that he has a plan. he doesn t like our plan but he has not put a plan forward yet. and, there were a lot of words and a lot of focus on the politics here. the president spent a lot of time talking about corporate jet owners and millionaires and billionaires and things that have nothing to do with the debate right now, and, at this point, you know, we have three options here. one is to wait, do nothing and go past august 2nd and bring on possible default, which i for one am not for, nor is the speaker or any of us standing up here. another is to go with harry reid s plan. which is as the speaker said, a blank check. something that we as republicans ....