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Everyone would hold them accountable over the summer as they would right now. >> karen, is it fair to look at this as like your teacher extending the deadline for when you file your homework? you don't have to solve that math problem this week or next week. >> you know, i think it's more like, when you sit down at the table and you're trying to pay your bills, and you're thinking i can put this one off until next month. and the fact that our government is doing that is actually quite frightening. and i believe that -- yeah, but, hey, that's the country we live in. but i think the underlying po...

Deadline. i'm not suggesting that geithner is a bad guy because he manipulated the debt ceiling expiration. i'm saying that is what's going on right now in combination with this debate or whatever the heck it is all. what is the political dynamic of being able to manipulate the point at which we actually, technically default, and how is that impacting how this debate is playing out, if at all? >> right now, this treasure secretary is doing what all the others have which is gives congress time. he's loaning congress and the president time to work out a deal on the issue of the debt ceiling. bec...

Hard-line against efforts to raise the debt ceiling. meanwhile treasury secretary tim geithner, well that's a different story. he was making the rounds saying republican leaders have already given assurances to the president. chris stirewalt is fox news digital politics editor. he joins us live from washington. so geithner is saying, look, we've gotten assurances from the republicans that the u.s. won't default on its debt. is there a semantical difference between that and the debt ceiling? >> a very, very big one, gregg. because the difference between not extending the debt ceiling and the un...