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Also a fox news contributor and senator, you've been watching what's been happening over the last 24 hours, along with us. just remind us. what are the stakes here with these negotiations, when it comes to the budget and when it comes to the debt ceiling? >> well, jenna, the stakes are huge, both in the short run for the economy and in the long run for the solvency of our country. we're going to bump up against the debt ceiling, the treasury can't do much more to juggle its books, after about the first week in august. if we were to default on our debt that, would cause interest rates to skyroc...

Federal government to ban a pamphlet which could have banned common sense to help kick off the american revolution. megyn: need a quick answer but would you go so far so say she is outside the mainstream and are you keeping a filibuster on the table? >> our question is will she be faithful to the law, will she be within the range of good faith disagreements that could occur, and i'm concerned that she's not. the question on the filibuster will be decided by each and every senator here, but their analysis probably will be based on whether or not there's some extraordinary circumstances that wou...

To be subject to a parliamentary point of order in the senate. and i believe they'll have the votes to sustain those points of order, which means those things will come out of the legislation, so things that these house members think are important to put into the bill, fix what was wrong with the senate bill, like a lot of those back room deals, for example, not all of those things can be fixed, in fact, a lot of them will be stricken, so it will not be the bill that they would like to see passed. secondly, it's subject to amendment, and we know, those amendments may not be adopted in the sena...

I've been around long enough to recognize reverse psychology when they are doing it. >> yep. >> if the republicans thought that we were on a kamakazi mission, they would be applauding us. why aren't they? because they know that if we pass this bill and obama signs it, the american people are going to see what's in that bill. they are going to recognize that we clamp down on the insurance industry. they are going to recognize we're covering 30 million people. they are going to recognize that we're giving tax credits to families. and they are going to be on the wrong side and i'll tell you this,...

Reconciliation and get it in base, they will change america, that america will be more dependent on government, we will never go back to the days of free markets. martha: maria, i was fascinated by this comment by jay rockefeller of virginia, and he was talking about coal when he said this, but what he said was about president dm, this well -- well-known sen to, he said he's beginning to not be believable to me. it raises the question, does the president want this badly right now to sort of reignite his credibility or believeility in jay rockefeller's words? >> i think most of all he wants it ...