extreme maga republican effort to default on our debt, crash the economy. i m worried about the consequences of us not coming to terms and raising the debt ceiling. at this point, it s economic terrorism. my communications to them are, stand firm. there s no reason not to. stand firm. you have a white house that is not serious. republicans want to drive us over the cliff of default. it s idiotic for anybody to consider anything other than what we had. we will ride it out. neil: does that sound like progress? we ll see. both sides far apart as lawmakers race to cut a deal we re told a week away. this as fitch, the big ratings agency warns that a credit down grade could be in the cards and maybe soon regardless of how this works out. welcome, everybody. i m neil cavuto. so much to get to. let s get to it with chad pergram on capitol hill on where things stand right now. hi, chad. good afternoon. the move by fitch and the ratings arm of morning start caught the att
we got confirmation of that. they say the operating cash balance is down to 49.47 billion. just a day earlier, it was over 76 billion. so this rate it is essentially sending a signal we re going to run out of dough. that could be a scare tactic. what is obvious, the money committed for things right now won t be available maybe a week from now. there s still a lot of money out there. so it s how you prioritize that like you and me when we re up against the wall and we have to prioritize bills. when we come back, an irs whistle-blower decides to go public after this. how to grow more vibrant flowers: step one: feed them with miracle-gro shake n feed. that s it. miracle-gro. all you need to know to grow. i m world champion skier lindsey vonn, and ever since i retired,
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generation of republicans in line. and president obama warns, and i m quoting him now, we are almost out of time, urging all americans to keep the pressure on washington and bring this devastating crisis to an end. i m wolf blitzer, you re in the situation room. you re looking at a live picture right now of the house floor, where just a short time from now, we expect to see that critical vote on the gop debt plan. the vote was supposed to happen yesterday around this time, but was abruptly postponed when the house speaker john boehner failed to get the 216 votes it needs for passage. meanwhile, with only days left to solve this unprecedented crisis, wall street is already reeling. stocks posted their worst weekly performance in more than a year while the dow fell about 97 points today. this on the heels of a dismal new economic report out today, showing the country s economic growth has now slowed to a crawl. let s go straight to our congressional correspondent, kate ba