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Situation. we are saying come up with a clean, clean bill and don't use it as a leverage point to get your social issue included in the law and don't use as a leverage point to raise or lower or give a tax break to somebody. deal with it up and down. if you don't raise the debt ceiling vote no. but if you think we must vote yes. >> the stakes are high and you have a month to the deadline and there is a lot of political stuff going on in terms of trying to get it through in a way that doesn't mean major consequences for this country. congressmen, great to have you here. >> my pleas, uma. >> her...

About anything spending related when it comes to that? >> here is why. there is so much at stake about the american economy. if we actually make the world fearful that we're going to stiff our creditors, revoke our full faith in credit we are going to do enormous economic damage. both sides have to put their economic argument holsters back in their pocket, their policy arguments back in their pocket and understand we have a responsibility to maintain america's reputation for paying our bills. jenna: congressman i'm sorry to interrupt, i only have 45 seconds. this is crossing from the associate...

Ceiling would be armageddon-like in terms of the economy, the impact on interest rates, job creation, on growth would be devastating. >> look at this chart from the national journal showing how often and how high congress has raised the ceiling in just the last ten years, $14.3 trillion on the right as you can see. congressman peter wet shalsh is democrat from vermont. he joins mee live from capitol hill. thank you for joining us today. what is the your thought? is this a good ideaç to raise e debt ceiling and to be honest do we really have a choice here? >> we have no choice. in the real ba...

And i think that's his -- that's the leverage point. that is -- if that inner circle breaks, gadhafi goes down. it's much more likely to happen that way than through the military taking him down. >> you know, it's hard to believe that until only a few months ago, congressman, the u.s. was warmly embracing gadhafi, trying to improve relations with gadhafi. talk a little about that, because you have went there three times. >> we went there. we went there at the encouragement of the administrations. we went there at the encouragement of the state department. >> this is both the bush administratio...

At this moment republicans are trying to agree upon a resolution to keep our government funned. at least for the next few weeks. they can't agree on the long-term budget so they are trying to extend it week by week. and they are in that process. two top members of the gop are insisting this latest resolution needs to cut off the mandatory funding for the president's healthcare law or republicans should not vote for it. one of those republicans is michele bachmann who is chair of the house tea party caucus. there is over $100 million, $105 billion in automatic appropriations that will go to fun...