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want to remind you quickly. we're getting the president on camera. his remarks and statements on libya. we're getting that turned around for you. as soon as we do, we'll play it for you on cnn. check the clock, 3:00 eastern time. 9:00 p.m. in tripoli. the libyan capital now 90% controlled by western-backed rebels. that's according to the u.s. government. rife with rumors as to the fate of moammar gadhafi. for 42 years the country's undisputed, unbalanced leader, that's where we're going it start. is dpad fi holed up in his compound? it appears to be -- take a good look. it appears to...

can pass it in the next day or two and avert the first default on our national debt in history. >> i am worried about the size of defense cuts that may be contemplated, but that doesn't mean i'm therefore rejecting the agreement. i'm just worried. >> this is a head scratcher. stocks take a tumble after the debt relief rally that happened earlier this morning. the dow surged more than 120 points, but a weak manufacturing report, just sanction the market. stocks posting the worst weekly performance in more than a year in a debt stalemate last week. the dow is at 12:07. down 70 points. ...

Layout the agenda, now that the president made clear. as i said a couple weeks ago, the bell rings with the state of the union speech, and i think we are seeing as a result of today's meeting what the next steps will be like. >> i think you're right about people being willing to sort of let them get their sea legs a little bit, but it is not like we are in the pregame. >> will you give me a half a sea leg?+wj]'ío7ówiñi >> fair enough. if they haven't gotten it together by the third quarter, we will start to worry about it. >> exactly. >> let me ask you, in terms of what is worth paying atte...

Wiggle room toç get their sea legs underneath them and to layout the agenda, now that the president made clear. as i said a couple weeks ago, the bell rings with the state of the union speech, and i think we are seeing as a result of today's meeting what the next steps will be like. >> i think you're right about people being willing to sort of let them get their sea legs a little bit, but it is not like we are in the pregame. >> will you give me a half a sea leg? >> fair enough. if they haven't gotten it together by the third quarter, we will start to worry about it. >> exactly. >> let me as...

Leadership as i know the american people are and i'm sure you are, too, rachel, a little wiggle room to get their sea legs underneath them and to layout the agenda, now that the president made clear. as i said a couple weeks ago, the bell rings with the state of the union speech, and i think we are seeing as a result of today's meeting what the next steps will be like. >> i think you're right about people being willing to sort of let them get their sea legs a little bit, but it is not like we are in the pregame. >> will you give me a half a sea leg? >> fair enough. if they haven't gotten it to...