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the president will lay out his case within a minute or so. two minutes after the president finishes what is expected to be about a 15-minute speech to the nation, two minutes after that, we will hear a separate speech from the house speaker, john boehner. he is up on capitol hill. he will make his case, why the president right now is wrong. why the republicans are right. both of them presumably will say the stakes for the united states are enormous right now and the country must do everything possible. everything possible to avoid default. they've been negotiating publicly and privat...

the country will not have enough money to pay all of its bills. tough decision also have to be made. the stakes right now are enormous. the president will lay out his case within a minute or so. two minutes after the president features -- finishes what's expected to be about a 15-minute speech to the nation, two minutes after that, we'll hear a separate speech from the house speakeren. >> boehner. he's up on capitol hill. he'll make his case why the president right now is wrong. why the republicans are right. both of them presumably will say the stakes for the united states are enorm...

two minutes after the president features -- finishes what's expected to be about a 15-minute speech to the nation, two minutes after that, we'll hear a separate speech from the house speaker boehner. he's up on capitol hill. he'll make his case why the president right now is wrong. why the republicans are right. both of them presumably will say the stakes for the united states are enormous right now and the country must do everything possible. everything possible to avoid default. they've been negotiating publicly and privately now for weeks and weeks and weeks. and unfortunately, fo...