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ridiculist tonight. breaking news everyone. tonight right now in that building over on the senate side according to democrat harry reid who spoke last hour, nothing is going on. the senate is now adjourned. but the clock is still ticking and the government is running out of money to pay the bills at this moment because the debt limit was not raised back in may, the united states treasury has less cash on hand than apple computer. on wednesday the government will have $23 billion in social security checks to send out and not enough cash to cover them unless it doesn't send out a who...

a string of delays the house narrowly passed speaker john boehner's version of a debt reduction bill. >> i stuck my neck out a mile to try this. to get an agreement with the president of the united states. i stuck my neck out a mile. and i put revenues on the table. in order to try this. to come to an agreement to avert us being where we are. a lot of people in this town can never say yes. a lot of people can never say yes. this house has acted. and it is time for the administration and time for our colleagues across the aisle, put something on the table! tell us where you are! [ che...

we'll be live when it hams. yesterday speaker boehner told the troops to "get their asses in line". apparently not enough republicans have, and now his credibility is on the line. most of the opposition coming from tea party supporters, raw, open, direct rebellion. >> we want to make sure we never get here again. i want to support something that makes sure we never get here again. >> the deal that is on the table makes the hole deeper. and so don't -- you shouldn't expect people who believe that we should balance the budget to vote for a deal that makes the hole deeper. >> i can't su...

delayed. police in texas say a muslim american soldier confessed to plotting an attack on ft. hood just two years after a muslim officer shot to death 13 people on that same base. tropical storm don could hit the south texas coast tonight and drought-stricken farmers are welcoming the prospect of up to 7 inches of rain. we begin with that sobering reality check on the debt crisis and just how daunting the challenge has become. in less than four days, the federal government could run out of money and default on its bills. but on capitol hill, the process has taken a huge step back...

really aren't too terribly far apart and the deal can be done by the august 2nd, tuesday deadline. let's listen to the president, this is when he spoke around 10:30 this morning. let's listen. >> good morning, everybody. i want to speak about the ongoing and increasingly urgent efforts to avoid default and reduce our deficit. right now, the house of representatives is still trying to pass a bill that the majority of republicans and democrats in the senate have already said they won't vote for. it's a plan that would force us to relive this crisis in just a few short months, holding o...