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And chuck schumer called it ridiculous. >> requiring that each house of congress not only vote on, but pass a balanced budget amendment before any debt ceiling is raised will guarantee a default. >> senate majority leader harry reid says he is not waiting to push his plan, warning that time is running out to avoid a fiscal catastrophe. >> the last train is leaving the station. this is our last best chance to preserve the credit of our great nation. >> now, all eyes are on the senate and the republican leadership mitch mcconnell, but despite jammed phonelines and dropping markets, mitch mcconne...

Ridiculous. >> requiring that each house of congress not only vote on, but pass a balanced budget amendment before any debt ceiling is raised will guarantee a default. >> senate majority leader harry reid says he is not waiting to push his plan, warning that time is running out to avoid a fiscal catastrophe. >> the last train is leaving the station. this is our last best chance to preserve the credit of our great nation. >> now, all eyes are on the senate and the republican leadership mitch mcconnell, but despite jammed phonelines and dropping markets, mitch mcconnell is saying it was the pres...