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Tick tock on debt clock, the Treasury Department theyre warning they will run out of money by this friday. Congress is split on what a deal should look like to get us there. John harwood with the latest. The house is preparing to vote on a bill tonight that has been adjusted from what house leaders described this morning. It was adjusted in ways that squeezed harry reid, democratic leader put more pressure on him. How did they do that . They provided a shorter extension of funding government when they reopened the government to september 15th. Thats what harry reid wanted, a very short one to ...

By businesses but in europe and china and its and network. Its complicated and complex as just about anything thats around when it comes to all the individuals that are involved. Its not as one of our colleagues said picking up the phone and calling wall street and telling them to settle down. So my question is, well, i just went on the web and said okay, what about treasury . Just google treasuries and all the things, most important market indicator, way more important than the dow and the s p. How important it is in a number in the economy because of the Interest Rates being pegged off of th...

A benchmark for credit markets source of world, as a safe investment. I hope as we have this discussion we can be candid about what we are talking about here. As we all know, if we do not raise the debt ceiling sometime soon, then at some point we will have disruptive consequences, because tax revenue is only 85 of all the money we are planning to spend, not 100 , and that means the other 15th percent 50 has got to be our it, and if not, then you have to make some decisions about what gets cut. That is disruptive, not where we want to go, and i hope the president will agree to actually address...

There has been a minority that is held up the ability to go to a budget conference. Quite frankly, the majority needs to speak at some point. Im not talking about democrats or republicans. Im talking about a majority in this body that needs to speak to stop this kind of craziness. Lets get down to real life. Agriculture is pretty big and oklahoma pretty big in oklahoma. Operating loans are a pretty ommon thing. If we default, can you tell me what the impact will be on somebody going to get a oan . We still have to beat. Hopefully the lending will be available in the borrowing will be available...

We will negotiate with you about anything. Would you accept a shortterm deal . We are going to look at anything they send us. Meeting,ng out of this they have changed on how much time they want on the debt limit. Lets just wait and see. We will just wait and see. They cannot decide what they want. Up until now, there has been a very clear position which is, we need a clean cr. We need to open the government before we engage in negotiations. To negotiateant before you reopen the government. Not going to happen. Are we closer to a solution now with this . Bysenator harry reid joined his fellow S...