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It's magical, the thinking is that the president. the next round will drive people to come up with a solution. but we know reality is that real deadline for washington is mid term election coming up in november what. we'll see is more stumbling and bumbling up to november. >> what about that list? some saying this their one victory. if they had one. which was keeping the sequester cuts, decreases to the increases they kept those in place. because democrats also wanted to put those on, in the mix republicans one thing they held firm on saying we're not going discuss those, that sequester spendi...

Set of the sequester cuts begin. today in the washington post, abc news poll, their disapproval is up to 74%. they're not going to want to have another shut down. they're going to create this process that i think will end in mid december. the hope is that they can use that to replace or change or modify sequestration. democrats really hate that. >> mark, i have so many questions for you tonight. having worked in the treasury and watched the way these calculations are made about when will we hit the debt ceiling

Conferences it has fallen apart and tomorrow is default day? >> it looks like there is a deal in the senate. whether it gets through the house or not is an open question but there is clearly progress towards some kind of deal. remember, it is a can-kicking deal. you just kick it down the road until december, kick it down the road until january. you're going to have the same arguments in a few months but you've avoided this deadline. >> you know what is inresting, the december 13 deadline. that is when they have until the sit-down and work out a budget, a budget that looks at sequester and says...

Don't have a conversation about the real issue. the real issue is we need to re-open the government -- >> the only caveat the republican in the house have. that you, members of your staff -- >> that's today. that's -- >> we all do. >> stewart, i think the priority should be, as the senate has responsibly in a bipartisan way been doing, erring fog how to open the government raise the debt ceiling. we have been asking for the debate on the budget for six and a half month. it's irresponsible not to have a budget. you can have all the other discussions you want once we re-open the government and l...

Weekend. harry reid is going a step further ending sequester cuts. republicans say that is not going anywhere. could this unravel now. senator bob corker with me from the hill. good morning to you. >> good morning, bill. bill: i saw you a bit earlier. you said we'll have a deal by the end of the day today. are you still going with that? >> i said i hope we have a deal. as you just mentioned, bills the problem is over the last 48 hours, democrats unbelievably have been wanting to break the budget caps put in place in 2011. i think you know this is the first time since 1955 and 6 we had two year...