that's it for me. thanks very much for watching. i'll be back 5:00 p.m. eastern in "the situation room." "newsroom" continues, a special edition right now with brooke baldwin and jake tapper. wolf, thank you very much. you're watching cnn's special coverage of the countdown to the debt ceiling deadline. we want to take a moment to welcome you, our viewers here in the united states and all around the world. i'm brooke baldwin. >> i'm jack taper here on capitol hill. october 16th. the nation is on the edge of a possible default. >> oh, yes. as we look at the calendar, we remember all of the assurances, the promises that both the house and the senate would get their acts together at crunch time, and it appears the senate is now really taking the wheel.

so right now, in this beautiful building behind us, a deal is now officially on the table. so that is definitely encouraging here. and in just about an hour, we should tell you that the house and specifically the house republicans, will be meeting to discuss that deal. >> very important meeting. >> it's never easy for the two sides to reach consensus. it's really hard. sometimes harder than others. this time was really hard. but after weeks spent facing off across partisan divide that often seemed too wide to cross, our country came to the brink of a disaster. in the end, political adversaries set aside their differences and disagreements to prevent that disaster. >> for today, the relief we hope for is to reopen the government, avoid default, and protect the historic cuts we achieved under the budget control act. this is far less than many of us had hoped for, frankly, but it's far better than what some had sought.

>> house speaker john boehner's camp said they have not made a decision yet on how this will go in the house. it appears, however, that investors have faith, regardless, as news of the potential deal spreads. stocks climbed with the dow adding nearly 190 points. >> as we talk about the "d" word, the deal, what's in it? here it is, folks. take a look, the parameters that just might save the u.s. from what one lawmaker said, quote, is a manageable catastrophe. i don't know if that's an oxymoron for some, but the government open for business immediately, funded until the 15th of january. as for the debt ceiling, it has been extended. that would put the whole thing really back on the back burner until february 17th. that hypothetical can we keep talking about the cliches? yes, kicked down the road again. >> and here's an idea.

budget negotiators appointing folks who can sit down and talk to one another about budget spending and then the "o" word, the only obama care related issue in the deal is income verification for people getting health care subsidies to make sure they qualify for the subsidies. let's talk to our chief congressional correspondent. it was such a pleasure sitting with you and we'll show sort of the behind the scenes piece. >> great having you here. >> great to be here on your home turf. where are we right now? we talk about a deal. what does that mean? >> what it means is that the senate is getting ready to begin debate probably some time in the next couple hours, we're told by this afternoon. they will vote, unless something changes, we have to use the caveat, by some time after dinner time. we don't know what that means exactly, but this evening. then the question, of course, is the house -- all indications is that the house will follow suit. that this will be a done deal, heading to the president's desk

by this evening. as you said, a very important meeting is going to happen. >> 3:00. >> at 3:00, in an hour, among house republicans. we'll see. the key thing to remember is in the news and the reason things can happen so fast is that ted cruz and his fellow conservatives who sort of started this strategy from the beginning, they say they're not going to hold this up. they're going to allow this to go fast. they're not going to use any procedural tools. >> there were questions. senator ted cruz in no small part helping to drive the standoff, saying it wasn't an official filibuster, but he spoke for more than 21 or 22 hours talking about the need to defund obama care. the harm it was causing to the country, and pushing house republicans to take the measure. he has now said he's not going to hold this up. >> he's not going to hold this up. he said it privately to his colleagues in the republican senate meeting earlier today and publicly, and in fact, he came to cameras and i asked him about the fact that we are where we are despite what he put the

country through and what he put his party through. listen to my question and how he responded. >> as you well know, you have a lots of fellow republicans really downright angry at you because here we are, almost three weeks later. the strategy you started out on to defund obama care as part of funding the government, they never thought was going to work because the votes aren't there, and here we are reopening the government after a lot of bruising political war fair internal internally, and you got nothing for it. >> well, dana, respectfully, i disagree with the premise of that. i think we have seen a remarkable thing happen. months ago when the effort to defund obama care began, official washington scoffed. they scoffed at the american people would rise up. they scoffed that the house of representatives would do anything, and they scoffed that the senate would do anything. we saw first of all millions upon millions of americans rise up all over this country over 2

million people signing a national petition to defund obama care. we saw the house of representatives take a courageous stand, listening to the american people, that everyone in official washington just weeks earlier said would never happen. that was a remarkable victory to see the house to engage in a profile in courage. unfortunate unfortunately, the senate chose not to follow the house. in particular, we saw real division among senate republicans. that was unfortunate. i would point out had senate republicans united and supported house republicans, the outcome of this, i believe, would have been very, very different. i wish that it happened. but it did not, but it does give a path going forward that if the american people continue to rise up, i believe the house will continue to listen to the american people, and i hope in time, the senate begins to listen to the american people. >> so you heard very unapologetic about his strategy.

>> in public. >> at least in public. politically as well, i think. we talked about this a lot. he has now become a hero among many conservatives. among really the grassroots out there. >> a lot of groups making a lot of money as well. >> who matter a lot in republican party politics in primaries around the country and also in states like iowa and new hampshire that tend to elect republican presidential candidates, rather. >> dana bash, thank you. we'll be watching for you, and again, that house republican meeting happening in less than an hour from now. dana bash, thank you. i want to bring in congressman langford right now. because tonight, one certainty is the gop is taking the biggest hit in the aftermath. if you look at the "wall street journal" which is seen as somewhat conservative, wrote after house republicans failed to vote on a bill last night, quote, republicans might as well hand the speaker's gavel to senate democratic leader harry reid. it ends with, quote, republicans

can best help their cause now by getting this over with and moving on to fight more intelligently another day. so we're going to bring in republican congressman james langford of oklahoma. first, congressman, your position on the deal? can you vote for this compromise that harry reid and mitch mcconnell have put together? >> i'm still looking forward to the opportunity to go through it. i heard a lot of the outline and framework. shockingly enough, there are occasionally times where a senate proposal comes over with a couple nonjermaine items with it, so i want to get a chance to look at it, and we're looking forward to the conference at 3:00. >> assuming it is as has been described. >> i still have to look at it. it shouldn't be long. it should be straight-forward, but i want a chance to look at it to know where we're going from there. >> the meeting is happening at 3:00 today. can you take us behind closed doors and explain what is happening on your side of things? >> folks will get a copy of it, start looking through it.

we'll meet at 3:00, talk through the parameters, talk through what's happening on the senate side in the schedule, the speaker will outline, here's what the deal is, here's what it is all about. majority leader cantor will step up, explain where things are, and we'll have interaction. >> you have no doubt the speaker will bring this to the floor? >> i don't have any doubt he will bring it to the floor. >> as is? >> he can choose to do that, but i have not heard rumblings from everyone that he's not going to bring it to the floor. >> are you concerned at all about how these last three weeks have played out for the republican party brand? >> sure, it's a difficult season for us in the conversation. we're responding to a lot of e-mails and letters and phone calls that we get right now from people that are writing up asan saying my premiums are going up or my business is going to stop or a letter i got this week from a small business in my district that has 17. they used to group with other small businesses to form a plan. they got a letter saying that is

no longer legal. you have to go on the exchanges or find other insurance options. all those things are happening in the heat of all this as people say get the government back open. we want to get this resolved. at the same time, we get letters saying i just figured out what the fight is about. >> how do you assure the people who call you and write you the letters, because let's face it, your side lost, and who knows how many republicans are re-elected, especially those on the far right left, and when i say left, more center republicans could be elected instead, what do you say to those people who say i'm frustrated? >> that's what i say, we're frustrated, disappointed. the president said he wants to talk about these things, he knows the bill isn't perfect. we never seem to get to that moment. we have passed pieces, over 40, that have been defund or total ban, and people laugh and say it's never going to happen. then we start walking through specific things. the senate never takes it up. the president never talked about

it. he said i won't negotiate. we'll talk about it some other time. the problem is the pressure has built up for three years. we said we believe the problems are real, and we do have to deal with this at some point. now, we've got to actually get past this deadline and then find out if the president is serious. >> quickly, how do you think the last three weeks would have played out if you and your party had not done what you did and instead the american people were focused more on what seems a less than stellar launch of the obama care websites? >> i'm not sure the cnn folks have yet to be able to register on it. be able to walk through and do the whole process. >> i believe elizabeth cohen finally got in at some point. it's been difficult. that haas not been above the fold. >> every single day trying to get on to it. the problem is the problem with obama care isn't really the website. that's just a symptom of the issue. you can go to a doctor, a hospital, any individual and say what is legal, what is illegal?

the most extreme in my district is a family with three franchises. the three franchises together provide them enough income to support their family, but if you separate them out, they can't. they can't keep the franchises together because with them together, they have over 50 employees. the hit they'll take it more than their profit margin. they're actually looking at divorcing, still living together, so legally, one person can have one of those, the other person can have two, only bouse of the affordable care act. that's the most extreme example, but that's the real-life stuff that's happening as people try to figure it out. those stories will continue. >> i want to get the information from the press secretary about that couple. that's quite a story. >> very difficult decisions are going on. the problem is, there's been this fight about it. you talk about what is going to happen long term. is it going to work? at the end of the day, people look back and go, maybe they were right. i didn't like how they did it, but they may have been right.

>> we have to end on that question. thank you very much. >> thank you. >> so, to his question, what is next? right? we're going to get back to this point now months from now. coming up next, we'll talk live with one economist who said president obama's victory comes at a terribly high price. >> and we'll hear from billionaire warren buffett who says get rid of the debt limit. but he doesn't stop there. this is our special coverage on cnn. and now that the buses are running on natural gas, they don't throw out as much pollution into the air. so i feel good. i feel like i'm doing my part to help out the environment. i've got a big date, but my sinuses are acting up.

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so it looks like congress is actually taking a page from oscar wilde who said i never put off till tomorrow what i can possibly do the day after. here we are, a senate deal to procrastinate. i'm so sick of this cliche. can you come up with a better way of saying kick the can down the road? that's what it is, reopen the government and temporarily raise the debt ceiling and tell the budget negotiators to come up with a long-term spending plan in the meantime. christine romans is going to be joining us from washington. also, peter morici is going to join us. an economist and business professor at the university of

maryland. >> professor, thank you for being here. even if congress settles the debt limit fight and reopens the government, we could be right back here in the winter? >> absolutely. the basic conflict that exists in the majority in the house which won its election in 2012 and the president, which won his election in 2012, has not changed. one wants to cut spending, one wants to cut taxes. there's a lack of realism on both sides. >> you were saying before the show, get your january clothes ready to do a live outside capitol hill then. christine romans, i want to go to you. i picked up "washington post" today, the cover is sunny. i don't know if fitch would agree with that. fitch threatening, you know, possible downgrade to america's credit rating because of all this bickering back and forth here in washington. we all remember what happened in 2011 with s & p, the downgrade, the aaa. let me quote fitch here. they say the repeated

brinksmanship over raising the debt ceiling also dents confidence in the effectiveness of the u.s. government and political institutions and in the coherence and credibility of economic policy, it will all have some detrimental effect on the u.s. economy. detrimental. when i read that word, it frightens me a little bit. i'm also thinking, again, if we're back in january having the same discussion, what kiebnd of damage does this do? >> well, and brooke, fitch noting that there is resilience. we were the biggest economy in the world. there's resilience in the economy. it's congress, the policymakers holding it back, and that's what's so frustrating. you look at the economic damage so far, some $20 billion depending on what estimates you look at. it's the size of a hurricane, but it's manmade. you can get over that kind of economic loss if you quickly get things back to normal, but you're absolutely right. we're not talking about getting things back to normal. we're talking about getting them back to the new normal, which is

budget fight after budget fight, partisanship after partisanship, then obama care then balancing the budget then obama care, then absolute gridlock in washington. kicking the can helps for now, but we have to figure out how to get our spending and taxing priorities in place and fix this thing. that's what really threatens the u.s., its economy, and its outlook for investors. >> peter, the oracle of omaha, a billionaire investor warren buffett said the debt limit itself, he compared it to a nulear bomb. take a look at what he told poppy harlow on cnn this morning. >> it is totally asinine to have a debt ceiling at all, and then to use it as a means to try to get your way on anything else, whether it's abortion, gun control, obama care, you name it, it's a political weapon of mass destruction that shouldn't be used. >> so he says stop using the

debt limit. i do wonder what you think is the bigger issue, the debt of the political fights we're seeing having to do with the debt limit. there are a lot of economists who are very concerned about the debt, $17 trillion almost as of now, but at the same time, the ratings agencies seem much more concerned about the political dysfunction. >> that's right, the rating agencies have their eye on the short term. most economists that are concerned about this, and these are people who are nonpartisan. for example, the congressional budget office, show u.s. deficits spinning out of control later in the decade and becoming unmanageable by say 2030 because of things like people living longer but we haven't raised the retirement age. do you know we spend 50% more than the germans do on health care? and they have a private system with insurance, they cover everybody. by every available measure, they had better health care. these comparisons to the uk are

disingenuous. the japanese, same as the germans, the dutch, same as the germans. we don't have a competitive health care system and we have essentially an insolvent retirement system. >> quickly, i wanted to get your response to this notion of not having a debt ceiling. isn't that like somebody handing me a black american express and saying go, spentd. >> you have the republican position. first of all, it wouldn't have been a nuclear bomb because there are ways to continue to service the debt even if you hit the limit because you're going to have to cut spending by 20% anyway, so it would be by 25%, service the debt and go forward. the real problem is they simply can't agree on the basic facts. the need to reform social security and pensions and radically alter in ways that are different than the republicans prescribe and the president wants, to radically alter health insurance in america to get the prices down. it's not access, it's astronomical prices for care. >> coming up next, behind the scenes wrangling to get this

11th hour deal done. i will take you inside the capitol here for this exclusive look into how this whole deal came together. that's coming up. plus, the glitches and grumbling of enrolling in obama care. now even president obama's voicing frustration. you'll hear what he said about the website complications. this is cnn's special live coverage from capitol hill.

we are back here live on capitol hill with my colleague, jake tapper. covering this deadline, but what was fascinating and before you were a white house correspondent, you covered congress for many a year. for me, the last couple hours i spent sort of attached to dana bash's hip as she was walking through really how her job works. so many of you see her on television, but it's pretty incredible just the access -- >> incredible. >> -- that's the reporters and journalists and radio folks and still photographers have to these people who are, if i may make an assuage, so here are the scenes behind the u.s. capitol. >> i'm standing next to the

chief congressional correspondent, dana bash. have you slept, eetden? >> slept a little bit. eaten a little bit. not enough. we're just trying to hydrate. it's all about hydrating, brooke. >> i feel like a a lot is hurry up and wait. this is an incredible job you have and access you have. senators back and forth, back and forth. how do you do it? >> it's remarkable. what makes the job easier is the access we have. you just witnessed it. this is called the ohio clock quarter, which is where we are. this is sort of the nexus where the senators come and go. mitch mcconnell's office is down there, harry reid's office is there, and the senate floor is there. >> i got my bearings. >> when they were negotiating, we would stand where we're standing, watch harry reid shuffle along this corridor, go down and meet with mitch mcconnell. that's when we knew they were talking. a lot of the understanding that things are happening is literally by seeing the movement. >> will you take me around really quickly? let's roll.

let's look at what's going on. this is a huddle of reporters around senator jeff sessions who is the top republican on the budget committee. this is how we get our information all day long. >> chase them down. >> we're not allowed to have cameras beyond where we are now, we might be pushing it a little bit, but we're allowed to be with them with a tape recorder and talk with them pretty much anywhere on the capitol, which is what makes our job so terrific because we talk to the principals we cover all day long. >> now we're in what is called statuary hall. >> aka stat hall. >> we came from the senate side to the house side. behind us, we're limited in where we can go with cameras, but this is where we can be. right around this corner is where john boehner's office is. you can see the reporters lingering and loitering in the hallway. so much of our time. deirdre walsh, our congressional reporter, myself, ted, are sitting in that alcove because we want to see who is coming in

and out of john boehner's office. >> it's incredible for me to see and for the viewer who doesn't know the inner workings just to see the close proximity between all these leaders' offices. >> you would think they would actually talk to each other, wouldn't you? they don't need a telephone, they don't need twitter. they can go knock, knock, knock. >> so old school of you. dana bash, thank you. for weeks it's been the tea party republicans waging thigfight. now there are two emerging viewpoints within the tea party movement. we'll speak live with a couple tea party leader whose disagree on the next step forward in the fight against obama care. this is cnn's special live coverage from capitol hill. [ man ] hey, brad, want to trade the all-day relief of two aleve for six tylenol? what's the catch? there's no catch. you want me to give up my two aleve for six tylenol? no. for my knee pain, nothing beats my aleve. make my mark i wawith pride.ork. create moments of value. build character through quality.

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and breaking news as you're watching live coverage here. cnn's special coverage of the countdown to the debt ceiling deadline. we want to welcome our viewers here in the united states and all around the world. i'm brooke baldwin. >> i'm jake tapper.

the senate has reached a deal to end the government shutdown and raise the debt ceiling for a few months as the clock ticks down, but the house of representatives has not jet weighed in. in fact, republican leadership is expected to meet just a short time from now to discuss plans with the republican caucus. >> supposed to happen in about a half hour. want to bring in two different viewpoints from two tea party guests. al russo, and kevin brandon. so gentlemen, i hear the laugh. accurate? i hope that's accurate, but sal, let me begin with you. you say, listen, with regard to obama care and what we have been seeing playing out the last couple weeks on capitol hill, end the fight now, right? >> well, you know, i think the deal that we're talking about today, you know, is an example of a failure. when you look at what's going to be accomplished, really nothing more than kicking the can down

the road. so we're totally dissatisfied with where we are. we're not doing anything to remedy the problems with obama care. we're not doing anything in terms of excessive spending. we're not doing anything about our debt in the long term. this is a kick the can down the road solution, so we're totally dissatisfied with it. we applaud ted cruz and mike lee for putting up the fight and trying to educate the american people. and you know, ideally, we wanted to try to convince five democrats in the senate to vote to defund obama care. we didn't get that done. but that doesn't mean we're happy with letting the law take effect as it is because as people are finding out today, they're not getting to keep their insurance policies. the premiums are a lot higher than obama said. they don't get to keep their doctors. people aren't signing up. i mean, there's lots and lots of problems that should be addressed. i think it's totally irresponsible that the congress is just walking away from it and

not solving any problems. >> i couldn't agree more with what he just said. the one thing i would add, as you look at the deal as it's emerging, we're going to get back together in december, groundhog day again, what i'm fearful is it's not just kicking the can down the road, it's going to go backwards. what is going to happen in december? my fear is we're going to undo a lot of the sequestration cuts. >> so adam, why was this a good idea? >> trying to stop obama care? >> no, no, i don't want to argue the merits of obama care right now. i understand you feel strongly and there's another place and time for that. i'm talking about this specific strategy, tying the defunding of obama care to the funding of the government, and then how it went on from there. house republicans and senate democrats not being able to reach any sort of compromise. if you could go back in time, do you think there would be a way to do this more effectively? >> you have to keep this fight

up. obama care is going to cost $2 trillion over the next ten years. i would -- i think the best time to stop a broken entitlement program is before it starts. so i don't think this is a fight that anyone wanted, but it needs to be had. >> don't you think your party and maybe even the tea party movement within the republican party, is weaker today than it was three weeks ago? polls would suggest that most of the american people hold the republicans in congress more responsible for the shutdown, more responsible for this fight, and the unfavorable ratings for the republican party have gone up. would it not hypothetically have been a better plan and obviously this is 20/20 hindsight, but to not wage the fight, let the obama care websites launch and sputter along unsuccessfully, and make the arguments about how they are just a symptom of the problem, et cetera. not have 400,000 people furloughed, not have people who need veterans benefits or wic

funds for their babies deprived of those or being afraid of being deprived of those and you're in a better position to make an argument against obama care. >> the house passed plenty of bills that did all of that but didn't fund obama care. they were doing their best to keep the bills to keep the parks open, nih funding going. >> i understand the piecemeal funding argument and i understand both sides, but strategy wise, could nat thought have been a better idea? >> you're articulating a fantastic argument for a republican strategist. what this movement is about is more about principle, the long-term night. republicans going to have to answer for what the best strategy is for republicans. what you have people like mike lee and ted cruz fighting for is what is going to be good for the long-term of the country. >> hindsight is 20/20. i want to look ahead to the future. to both of you, let's say this deal is adopted. they would have to set up this powerful conference committee

and the issues they would tackle, long-term tax and spending reform. picture speaker boehner and leader mckhconnell. do you think they will pick tea party members of congress to sit on this particular committee? do you think at that point they're going to say, you got us into this mess? you're in time-out? >> sal, to you. >> yeah, i mean, i think the big problem is, you know, some of the republican pundits and establishment people have said, well, defund obama care isn't the fight. we should wait for the debt ceiling fight, or now they're saying we should wait and negotiate after the debt ceiling fight. the problem is that we have spent five years negotiating. we've gotten nothing out of obama. he's been unwilling to negotiate. he's unwilling to try to fix some of the problems. >> i'm not asking about obama negotiating. let me jump back in with regard to the specific committee. will the tea party, will you have a voice on this committee because you're the side, it l k looks like in the end, that lost

this fight? >> i really do hope we have a voice in there. if you're looking at what generally comes out of these negotiations, are cuts 30 years from now. 30 years from now, i'm going to be looking at retiring. we need cuts in the government now. we're $17 trillion in debt. we're borrowing nearly a trillion a year. we can't keep kicking the can down the road. >> okay. >> we haven't achieved anything in five years. the only thing we have achieved is a sequester which was a stupid idea of obama's that actually took effect because nobody thought it would take effect. so i'm very pessimistic that negotiations with this president are going to get anywhere. >> i hear your pessimism and i know a lot of americans share the view, and sal andandum, we appreciate your coming on and letting us know how you feel. just ahead, president obama frustrated just like a lot of americans about the rocky launch of obama care, he says. hear his complaint. you're watching cnn's live coverage from capitol hill. i'll call you in a little bit.

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i'm brooke baldwin sitting alongside jake tapper. here we are live on capitol hill. even president obama is grumbling about the obama care website. the president told iowa tv affiliate kcci he is disappointed with the website's shall we call it rocky? >> nice. >> rocky launch. >> knowledge that the website that was supposed to do this all in a seamless way has had way more glitches than i think are acceptable, and we've got people working around the clock to do that. and we've seen some significant progress, but until it's 100%, i'm not going to be satisfied. >> the obama care website launched more than two weeks ago. president obama has said he will not negotiate over obama care as part of the discussions to reopen the government and raise the debt ceiling, but he said he's willing to improve parts of the law in the future as long as

everyone now eligible remains covered. >> as analysts begin debating the future of what is really the brand of the republican party, which republicans -- can you think of one, if any -- who come out of this stinking less, looking not as bad? >> even good? >> do we want to go that far? >> sure. >> maybe even good, and give us an idea where the party is heading. you're watching cnn's special live coverage from capitol hill. . britta olsen is my patient. i spend long hours with her checking her heart rate, administering her medication, and just making her comfortable. one night britta told me about a tradition in denmark, "when a person dies," she said, "someone must open the window so the soul can depart." i smiled and squeezed her hand. "not tonight, britta. not tonight." [ female announcer ] to nurses everywhere, thank you, from johnson & johnson.

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welcome back now to our special live coverage from here on capitol hill. a deal to raise the debt ceiling and temporarily fund the government has been reached in the senate. and a vote is expected this evening. >> we're told some time after dinnertime, and the news is a sigh of relief for a lot of people in washington and beyond. but as cnn "crossfire" host newt gingrich pointed out a short time ago, republicans and democrats are still divided as far as the blame game, who is to blame for the current crisis. both parties feeling bullied by the other party. newt gingrich said this isn't healthy for america. >> this shows you the gap in the country. every conservative i know thinks the bully is barack obama. he thinks the bully is ted cruz. i want to suggest to you it's not healthy as a country to have this big of a guide, and i predict this president will spend the next two months further vilifying republicans

and widening the gap more. >> joining us now, cnn commentator and strategist donna brazile, and ana navarro. has this shut down, do you think, tarnished the republican party brand? >> frankly, jake, i think it's tarnished everybody. we have shown this government to be dysfunctional in the last two or three weeks. across the world, the headlines have been horrible. we have a republican party that can't get along with itself. we've got a house that can't get along with a senate. we have a congress that can't get along with the president. so the entire thing has been dysfunctional. i don't think there are any winners anywhere inside washington. when you've got 53% saying -- american people saying they disapprove of the way president obama has handled it. 60-plus percent saying they approve of the way democrats handled it, and 70% plus saying they disapprove of the

republicans, no one has anything to you about. >> the republicans, if everybody is a loser, the republican party are the biggest ludzers, those numbers suggest that, anyway. >> well, in the short-term, definitely. i do stop -- i hear my friend donna laughing. listen, donna, if you and i had been in charge, we could have solved this over oysters and a couple glasses of wine. i think the government is dysfunctional and the u.s. public is dismayed at seeing the people that are running washington. >> you know, our founders envisioned a system like this, jake. there's no reason to walk around and point fingers right now and to figure out who's to blame because i'm just happy that federal employees and others will be able to go back to work, reopen up our parks, and insure that the district of columbia, where i live, will not shut down simply because members of

congress are holding up their little pet projects and they want somebody to pay attention to them. i'm glad it will end soon. and i hope that cooler heads can prevail, hopefully senator murray and congressman ryan, chairman ryan, will be able to carve out a deal so we will not have to go through this in january, which by the way, brooke, it's a little chilly in january. i know you don't want to come back in january. >> i used to live here. i have my winter coats, but as much as i would love to spend time with you, donna brazile, i would like to miss that. let me stay with you because i want to talk. listen, we heard ana say, you know, everyone -- this has tarnished myriad reputations on both sides of the political aisle. i want to read something to you that our political colleague said. obama will leave a democratic party epitomized by ancient ideas, radically positioned left of our political center. the political trouble barack obama inherited from george w.

bush is nothing compared to what obama has teed up for a future contender such as hillary clinton. do you agree? >> you know, pope francis said recently that we need to stop obsessing over abortion and same-sex marriage. it's time for republicans to stop obsessing over the fact that this country elected twice barack obama as president of the united states. he has put forward very pragmatic ideas. he's worked with republicans on restoring tax cuts for the middle class. he's worked with republicans. our deficit now is going down. what we need the republicans to do is come together, work together so they can work with this president and democratic leaders in the senate to create jobs and get the american people back to work. there's no reason why we should shut down the government and cause so much economic harm and pain to our country and our economy. >> okay. >> ana, i still want to have oysters with her, and let me just say this --

>> just not in january. >> not in january. susan collins, i applaud senator susan collins of maine who stepped out to help create the dynamics that led to this bipartisan bill. it takes a woman. >> we had gene shaheen on my show yesterday -- >> and senator amy klobuchar. >> and all the women in the u.s. senate and the u.s. congress. >> sorry, jake. >> it's up to the women. >> women have never started any wars. that's right. >> and let's continue, because if the republicans keep this up, i'm going to get my speaker pelosi button back out. it matches everything i wear. >> okay. >> all right, donna brazile and an anna a navarro are making tappe uncomfortable. >> president obama calling out speaker john boehner over the lack of control of his members in the house. where does this fight leave speaker boehner and what does he do in the next few hours? coming up on cnn's special live

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back here live on capitol hill. even with word on this possible deal on the debt ceiling coming out of the senate, house speaker john boehner's job may, could be on the line. his control over house republicans appears to have crambled. a fellow republican congressman has been quoted as saying

boehner is herding cats. >> not a new concept here on capitol hill. but the crisis definitely revealed a deep republican divide, pitting gop versus gop with boehner stuck in the middle. president obama said the political brinksmanship was worse because boehner lost control. let's bring in gloria borger. do you think speaker boehner leaves this crisis in a more vulnerable position than he was a month ago? >> not with republicans. no. i think in a way he strengthened himself, oddly. >> strengthened? >> even though we look at this and say how could he do this, how could he lead them to the cliff and potentially over the cliff and all the rest, this is what the other leaders wanted, okay? his -- >> deputies. >> deputies, et cetera. this is what some of his rank and file wanted. they felt he didn't do what they wanted in the fiscal cliff last january, so he gave them enough rope, and they hung themselves,

and now he's going to get out of this, but i think there would have been more of a chance that he would have been threatened by his deputies in any kind of a leadership fight before this. since they were with him on this. then after this. so honestly, i think he is strengthened as speaker as a result of this. a little counter intuitive. >> we talked about the fisher z that have become crevices. >> some said at least he gave us a shot at this. with those folks, the hell-no caucus, maybe he's more strengthened. look, these splits in the party are going to remain. we'll see them play out in the presidential election. i keep saying i think these are almost eriereccilable differenc. maybe you end up with a tea party candidate.

maybe that's what tud cruz is thinking about. there are differences and there are real splits within the democratic party. we have just been focusing on these splits, but i want to also add that no republican likes obama care. okay? there's not exactly out there cheering the president's health care plan, but they had a different strategy. and the ones who are opposed to ted cruz argue that you have to govern, and they don't have the votes. and that ted cruz was promising something he could never deliver, which is ultimately very cynical. >> gloria borger, thank you so much. in just moments, the house gop meeting to discuss the senate deal. will the tea party republicans put up a fight and what will john boehner do? anderson cooper will take over in two minutes. a saturday crow. ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools introduce themselves.

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don't wait, call now! and welcome to cnn's special coverage of the countdown to the debt ceiling deadline. welcome to the viewers around the united states and around the world. i'm anderson cooper live on capitol hill. as the nation is on the verge of default, we're waiting until after dinner, when the senate will be voting on the first deal since this thing began. right now, house republicans are meeting to discuss that deal. >> it's never easy for two sides to reach consensus. it's really hard. sometimes harder than others. this time was really hard. but after weeks spent facing off

across partisan divide that often seemed too wide to cross, our country came to the brink of a disaster. but in the end, political adversaries set aside their differences and disagreements to prevent that disaster. >> for today, the relief we hope for is to reopen the government, avoid default, and protect the historic cuts we achieved under the budget control act. this is far less than many of us had hoped for, frankly, but it's far better than some had sought. >> there, mitch mcconnell. senator ted cruz says he doesn't like it, but he will not block it. >> the joouu.s. senate has refu to do likewise. the united states senate has stayed with the traditional approach of the washington establishment of maintaining the status quo and doing nothing to respond to the suffering that obama care is causing millions of americans. the timing of this vote, it is

my understanding from leadership, is likely to occur today. i have no objections to the timing of this vote. >> speaker john boehner's camp is silent. no decision now on how this will go in the house, but it appears investors have faith, as news of the potential deal spread, stocks climbed with the dow adding up 150 points. what's in the deal? here are the parameters we know about at this point. the government opens for business immediately, funded until january 15th. the debt ceiling extended until february 7th. that hypothetical can basically kicking the can down the road again, hypothetically, and here's an idea. budget negotiators opponenting folks who can actually sit down and talk to one another about long-term spending and then the "o" word, you heard cruz, the only obama care related issue in the deal, income verification for people getting health care subsidies to make sure they

qualify, to eliminate fraud. let's go to dana bash, chief political correspondent. any word on how the house gop leadership feel about the deal and whether it's going to come up? >> how they feel and whether it's going to come up are two very different things. that tells you where we are right now. it's the whole house republican caucus that is meeting right now, trying to just sort of discuss the terms of the deal that we do expect to be voted on in the senate first now that will happen some time probably between 5:00 and 7:00 tonight. and we don't expect any cheers out of the house republican conference at all. in fact, just the opposite. already, we're hearing from republican members going in that they don't like this. that they're going to vote against it, but this is the big but, it doesn't mean it's newt going to pass. for the first time, john boehner is going to do what he has refused to do for two and a half weeks, three weeks, which is put a bill on the floor that will get bipartisan support and

perhaps, we don't know for sure, but perhaps not a majority of his fellow republicans. so that's the state of play right now. would not be surprised if we heard from a number of republicans coming out of this meeting which is just getting under way right now, saying we don't like this, we're going to vote against it. i just got an e-mail before coming on with you from one of the tea party groups, freedom works, sent to all the republican offices, one of them just sent it to me, saying we're going to count this, score this, against your record as a conservative if you don't vote no. there's a lot of pressure from conservative groups to vote against this. >> a lot was made when ted cruz decided to talk, talking at the same time, essentially, as senator mitch mcconnell. can you explain why? >> it was not something he calculated. he was walking out of the republican meeting with senators. he was talking to a number of reporters in the hallway. the people who work for television networks, including

ours, said please, can you come over to the microphones because we would like to hear and see you. and that's what happened. i think a lot of things happened fast. i did mention to him that senator mcconnell was speaking on the floor and would he wait. there was a lot of groaning from reporters who wanted to hear him right away. i think it was just a fast-moving story with a lot of people trying to figure out what was going on. >> for people who don't realize, that's viewed as bad form, something you don't do on capitol hill. dana, appreciate it. we'll talk to you, probably well into the night. we spoke to republican james langford. we got a glimpse of what house republicans might be doing behind closed doors right now. >> folks will obviously get a chance to get a copy of it, start looking through it, meet at 3:00, talk through the parameters, talk about what is happening on the senate side, the speaker will outline, here's what the deal is, here's what it's all about. majority leader cantor will step up, and then we'll have interaction among everybody and everybody will have a chance to

visit on that. >> you have no doubt that the speaker will bring this to the floor? >> i don't have any doubt he'll bring it to the floor. >> as is? >> as is. >> he said he wants to read it first. if house republicans do not back the senate leader's plan, boehner may have to turn to house democrats for votes. i want to bring in democratic congressman bill pascrell joining us now. you just got out of your own caucus. what do you make of what you heard? >> i think we can deliver between 195 and 198 votes. and i hope that the speaker will be able to deliver at least 100 of his. >> you have no doubt that brought to the floor, this will pass? >> i have no doubt that we're going to have our votes. john's got to -- the speaker has to take care of his own votes. we're losing $164 million a day in the economy with the government shutting down. needless to say, just look at the charts as to what's happening to the stock market and what's happening -- the stock market is up a little bit because they think we're going

to do the job today, but the interest rates are starting to rise, anderson, and that's not a good sign at all. just when the economy is starting to get some lift, just when it's starting to get light, or whether we're talking about foreclosures, prices of homes going up, we don't need this at all. >> how would the timing work out? when would you anticipate a vote in the house? >> we expect a vote some time late tonight. we were going to go first, and then i think it worked out at the speaker wanted the senate, gives them a little more weight in what he's trying to do on his side. he's got a tough job. i think he's tried his best. i think john is a good american patriot. he let these guys and gals get too much rope in 2011 and 2012. he thought he could rein them in. you can't rein them in. there's about 40 or 50 of them who want to be on their own. regardless of what we do on our side and what john boehner does, they're never going to agree to anything. that's proven. >> what is it like to be in there these days? i mean, is it -- i have talked

to people, longtime serving members who say they have never seen it like this. even in the worst of the old days, people would talk. >> i have been here for 17 years. i was here in the iraqi vote. afghan vote. i have never seen anything like this in the 17 years i have been here. >> does it depress you? >> no, you can't be depressed and you can't give up the ship. we're sent here to do a job. that's why we're getting paid, not yet, but this is while we will be paid if we do our job. and i intend to do my job. i'm not going to let it get me down. i served on a local level. i was also in the jersey legislature, and it primes you for this. many of these people never served in local government. they don't know what they're doing most of the time and you almost have to give them a gps to get through the day, but that's where we are and you have to deal with it. that's where it's at. >> where do you see the negotiations going now? this is essentially kicking the can down the road.

there now has to be negotiations. what is the give on the democrats' side? >> we would not be having this conversation, not that i would not want to have the conversation with you, if we would have done our job five or succmonths ago. the house passed their budget. i voted no on that budget. the senate voted its budget two days later. and our congresswoman pelosi, our leader, named our conferees right away. you bring the budget in the house and the senate together, you work it out. six months later, they talked about negotiating. we tried over and over and over again. the record is clear on this. so now, both budget committees in both the house and the senate are going to have to sit down between now and the middle of december to work out something for the rest of this fiscal

year, which would bring us to october 1st of next year. i think it can be done. maybe this is a lesson for everybody. look, no party is privy to virtue, but these guys have written a new chapter in the history of this country. it's not pretty. >> congressman, i appreciate you being on. thank you. one of the main factors to help this deal get done, the threat obviously the market collapse. wall street reacting to the news. up about 150 points right now. how concerned should we be for the shortterm solution? next, the answer from a trader on the new york stock exchange. plus, the leader of a powerful conservative group with strong words for house republicans. he says agreeing to this deal will be, quote, a full vendor. we'll talk to him about that. this is our special coverage from capitol hill. i'm only in my 60's.

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he compared it to a nuclear bomb. >> it is totally asinine to have a debt ceiling at all, and to use it as a means to try and get your way on anything else, whether it's abortion, gun control, obama care, you name it, it's a political weapon of mass destruction that shouldn't be used. >> political weapon of mass destruction. wall street did breathe a sigh of relief on word of a deal in the senate. the dow jones industrial average is up about 160 points. zain asher is on wall street. are they concerned congress is kicking the can down the road again? >> absolutely, anderson. that is certainly a major concern. especially when the next potential deadline could be a few months away. you have to remember that wall street hates uncertainty, even though the dow is up, we have seen volatility over the past few days. a lot of people sitting on the sidelines. a spoke to one analyst, and i

asked him, what's going to happen to stocks over the long term as we come up against more and more of these short-term deals. take a listen. >> something we're going to have to continue to deal with over the next few months. congress has a lot to do with reconciling debt issues. figuring out how to keep spending caps under control and raise the debt ceiling in a way the country can continue to operate, so it's something that's not going to be short-term in nature. if anything, what investors are hoping is that they can extend this into december or january and let congress really get to work in trying to figure out the bigger issues. >> how are the markets going to handle this kind of uncertainty all over again in the interim? >> it's important to note that we're entering one of the more bullish times in the year when the market has a bullish buy. so yes, there is uncertainty, but the trend is up, earning season is here, and the market right now has been resilient,

shrugging off any sign of concern. my thinking is any type of uncertainty will likely prove shortterm and the market can likely extent into the new year. >> and you heard mark say that, you know, this market has really been resilient through all this. when you talk to traders here, very few people here on this floor believe that washington is irresponsible enough to let the full faith and credit of the united states crumble. and lastly, there is a feeling if they don't reach a deal by tonight, of course, that doesn't necessarily mean default. anderson. >> right, there is some time. zain asher, appreciate it. >> as house republicans meet right now behind me, discussing how to handle the senate deal, here's the man presiding over a splintered party. john boehner was caught between tea party conservatives and republican moderates. what's next for the speaker? coverage continuing in a moment. i remember the day my doctor said i had diabetes.

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welcome back. i'm anderson cooper. this is c nnn's special live coverage from capitol hill. the senate with a deal to reopen the government.

house republicans discussing the next step to move forward. how would you like to be in that room? ryan and lynn are joining me. to be in that room right now must be fascinating. what is the future for house speaker john boehner? >> short-term, it's going to be rocky, but since we get a replay of all these issues in a few months early next year, anderson, i think as history has to be rewritten, but right now, he had lost on almost every bid that house republicans made to gain from this shutdown episode. >> what kind of a price does he pay for that? >> look, i think the big question going into this was, could boehner lose his job over this? you know, most -- i have been e-mailing with aides to house republicans today. and they're all saying the same thing. he stood firm. the base is happy with what he did, even though they're not getting anything out of this in the end. they feel like he fought, and at least right now, most conserve tchbs are saying his job is not in jeopardy. maybe they're putting on a

strong face right now and maybe that will change, but it seems like they think he went as far as he could. was dealt a very, very poor hand by -- was pushed into this by some people whose advice he probably shouldn't have taken and didn't want to take. at the end of the day, it doesn't seem at this moment his job is in jeopardy. >> one other quick thing on it, rule of politics is you can't replace someone with no one. there's no other person out there who is even remotely a contender to replace him. >> people talk about paul ryan. >> but they're not doing it seriously. >> what about republicans who have run -- who put up this battle, who run on defunding, delaying obama care. we heard ted cruz spinning this as kind of a victory for the american people, that it coalesced the american people against obama care, brought this issue to the fore. is this a plus for them? they fund raised on it and they still can?

>> they still will because in a few hours they will vote no, take it home and tell the base i voted no. >> anyone who is honest about the situation we watched over the last two weeks will tell you this was an unmitigated disaster for the people who pushed this course. there wasn't a senior republican leader who wanted to be in this place, wasn't a senior political republican strategist who wanted to be in this place. >> what cruz is saying is i and others stood firm and pushed official washington to deal with something they didn't want to deal with, to face something they didn't want to face. >> they got nothing, zero, zilch. >> worth thst that than, they f this shutdown on real people across the nation who suffered because of it for what? republicans have tried umpteen times to defund, derail obama care. the program started the very day the shutdown started, october 1.

now, we could talk all day about how there have been glitches in that rollout, but that's not what ted cruz didn't have anything, i think, of substance out of this for anyone except himself. >> the timeline of all this, how does this play out? >> just like reporters work on deadline and i'm sure we all know that, so does congress work its best on deadline, and in the few hours, i would expect both chambers, the senate much more cheerfully, doing a compromise measure that just kicks the can, anderson. that's the whole point, everyone. we'll be back here because the debt ceiling is only for a few months and so is the resolution to fund the government. >> there's nothing to force negotiations -- there are some deadlines, and there's another debt ceiling and another -- the government will run out of money. there will be another deadline for that, but you have to think that the white house accomplished its key goal in pushing republicans to this place and not giving into the

concessions. you have to think they accomplished the goal of making republicans realize they won't again test the white house when you're butmping up against a det ceiling deadline to get policy concessions. >> we'll know in a few weeks whether or not that's true. thank you for joining us. >> defunding obama care was the rallying cry for some republicans when negotiations began. certainly delaying it. now the leader of one powerful conservative group thinks house republicans are giving up too easily. in fact, he says agreeing to this deal would be, quote, a full superinterrender. the president of freedom works will join me ahead. but they didn't fit. customer's not happy, i'm not happy. sales go down, i'm not happy. merch comes back, i'm not happy. use ups. they make returns easy. unhappy customer becomes happy customer. then, repeat customer. easy returns, i'm happy. repeat customers, i'm happy. sales go up, i'm happy. i ordered another pair. i'm happy. (both) i'm happy. i'm happy. happy. happy. happy. happy. happy happy. i love logistics.

i'm anderson cooper with this cnn live special coverage. the deal on hand for the debt ceiling and partial government shutdown are what many expected, a short-term band-aid known as kicking the can, setting up a short-term fix and moving the issue to later. it's so prolific and convolulted that we issued a timeline that still doesn't do justice to it. to get through 2011, congress and the president had to kick the can eight times with short-term funding bills in place of a real budget. to get through fiscal year 2012, six short-term funding bills and 2013, congress managed to get by with just two bills. amid all these resolutions, there were some major faceoffs. remember these?

the first debt ceiling crisis of 2011 when the u.s. lost its aaa rating. the fiscal cliff of 2012. one result from that, those across the board government spending cuts calls sequestration. a lot to talk about despite the dooms day predictions if congress didn't raise the debt ceiling, there are a lot of antiobama care advocates who want to kill this deal. they are calling their reps and urging them to vote no on the deal on the table. they'reontemplating a deal that would lift the debt ceiling and open the government for essentially nothing. it's basically a full surrender. joining me, mark. you see this as a full surrender by house republicans, explain that. >> >> it's what harry reid and barack obama insisted on from day one. republicans could fight against democrats who were completely entranceiant.

they said i'm not going to negotiate, or they could capitulate early on. instead of presenting a united front opposed to obama care, opposed to spending so much money they don't have, they started shooting at each other. john mccain started shooting at ted cruz and helped fund the narrative. >> people who oppose the position say they never had the votes to defund obama air. it was never going to happen. did you accomplish anything? >> i think we did, and what we need to understand is that obama care is in reality a train wreck. it is in reality pushing people off their current coverage. it's going to raise premiums. it's going to force young people through the individual mandate, to buy insurance they can't afford. >> what did you accomplish? >> fighting. it's important in washington, d.c. to step up to the plate and fight for something, even if the democrats don't want to go along with it. this was all about educating the

public, trying to move the needle outside the beltway. we didn't do that because republicans started shooting at each other. >> aren't there ways to educate the public to your position without furloughing workers, without shutting down the government? >> it's interesting, back in the old days when tip o'neal was the speaker, he shut down the government 12 times and there was this adversarial give and take between republicans who wanted to do some things and democrats who wanted to do other things. we stopped doing that. tip o'neal used his shutdown to force ronald reagan to back off on his favorite program, star wars. we don't do that anymore. now we fund guns and butter and that's how we get $17 trillion in national debt. it's also how we end up with implementing obama care, a program that no one in this town thinks is working. >> there's a lot of complaints ability the website and the rollout, which in fact, do you worry that in fact you could have had a stronger case? if this had not happened, there would be more focus on the ridiculous way this thing has rolled out, beyond just computer

glitches? i mean it's been sort of a disaster, the way it's rolled out thus far, but it hasn't gotten the attention it could have otherwise. >> the press luoves to focus on the theatrics and all these tactical disputes going on, but real americans in the real world are being forced, whether they want to or not, to look at the actual costs of obama care. they're not going to have a choice. they're going to have to figure this out. i would predict six months from now, you're going to see a number of democrats calling for a delay in obama care because it's going to be a political albatross on anyone who supported it. >> what is the price that house republicans who vote for this, who vote for an end to the shutdown, what do you want the political price for them to be? >> this whole thing feels a lot like the wall street bailout when john boehner and nancy pelosi walked arm in arm and forced some of their caucus to support that really bad piece of legislation. it wasn't popular to oppose it in this town.

that's how we feel today. i think moving forward, we need to keep focusing on spending. we need to keep focusing on repeal of the individual mandate since barack obama has already let big business off the hook, we should let the rest of the americans off the hook and force congress to actually live by its own laws. >> will they play a political price? primary choices? >> absolutely. you're seeing that and a repopulation of the republican party. you're going to see a number of democrats back away from the president's position on this. it's going to happen because the reality is obama care isn't working for americans. >> appreciate your time. up next, i'm going to speak live with timothy geithner's former secretary and what this means for everybody. cnn's live special coverage from capitol hill will be right back. the day we rescued riley was a truly amazing day.

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and we've just received a statement from john boehner's office, his first comment on the senate deal while he's meeting behind closed doors with house republicans. i'm going to read it to you as i got it. the house has fought with everything it has, he says, to convince the president of the united states to engage in bipartisan negotiations aimed add helping the country's debt. that fight will continue, but blocking the bipartisan agreement reached by the senate will not be a tactic for us. in addition to default, it would open doors for washington to raise taxes on people and undo the spending caps in the 2011 control act. he said he will not fight the senate deal. also he made comments to a radio show. >> we've been locked in a fight, trying to bring government down to size, trying to do our best to stop obama care. we fought the good fight.

we just didn't win. >> can you win december 15th when ryan and patty murray get together and do this deal? is this like a step on the ladder? >> well, i would hope so, but we'll see. you know, every time i've gotten into a discussion with the president, vice president, the democrats here in washington, and talking about entitlement changes, trying to make the programs sustainable, all they want to do is raise taxes. well, we can't do that unless you're willing to raise taxes. if they're going to hold on to their position that we're always going to raise taxes, we're fought going to come to an agreement, but hope springs eternal. >> why didn't you kick it off a year? some say obama care is kind of falling under its own weight with all of the disasters. if you kick it off a year, the mainstream goes after obama and obama care and you provided, john boehner, a nice target for the mainstream media and again the weapons of mass distraction used by obama have used, and now you have only kicked it off 60

or 90 days. why not longer? >> the cr or the debt limit? >> both. >> both? it's expected that we'll fund the government through january 15th and the debt limit through early february. an agreement reached over in the senate. and it gives us a chance to sit down in the budget process and see if we can't work something out. i think we're on a spending trajectory that's unaffordable for the american people. it will create more debt. it needs to be dealt with. >> are you going to allow the whole house to vote even if the majority of republicans won't vote for it? >> absolutely. i'm going to meet with the republicans in about 20 minutes and encourage them. we fought the good fight, did everything we can could to get them to the table and negotiate. they just kept saying no. no, no, no. and so we fought the good fight. there's just no reason for our members vote no today. >> when will the government

reopen? >> i will expect this to open tomorrow. >> thursday or friday at the latest? >> i tink it will happen tomorrow. there's really no reason for it not to. >> do you have ill feelings toward senator cruz? >> no, listen, we got republicans up here, because we're republicans, we're a little more independent-minded than our friends across the aisle. some are a little more independent-minded than others. >> john boehner, i said this earlier on the show. sometimes you want to be a soldier at the alamo, and sometimes you want to be the french when the german army comes. i like soldiers at the alamo who say, i think i'm going to get killed but i plant my flag here. i will die in the alamo rather than surrender and give up. i sense that you and the others in the house were like soldiers at the alamo. you thaunt santa ana had 2,000 soldiers, the ending wasn't going to be good, but you're going to fight the good fight. >> listen, there's no giving up on our team, none. and there's no giving up in me.

take care of yourself and i'll talk to you soon. god bless you. >> you're a great american. thank you. >> let's bring in dana bash. you heard there from boehner saying that there's no reason for his members vote no. >> exactly. and i just came from the basement of the capitol where john boehner, it sounds like he was saying exactly what he said in public on the radio show to his caucus in private in the meeting. it was a pretty short meeting as the republican clock meetings tend to go, less than a half hour, and no member of the rank and file got up and spoke. we're told it was just the house speaker and the two other republican leaders. and we're told, first of all, that john boehner got a standing ovation at the end of his speech, which is telling and sort of illustrative of how he seems to have despite the fact he has angered a lot of republicans, angered a lot of democrats, and maybe even a lot of americans with sticking to the strategy to keep the government closed, and to keep

trying to defund or delay obama care, the caucus as a whole seems to be behind him in what he says, which is we have fought the good fight. i'm told he said that again privately to his fellow republicans in this meeting just now, and maybe most importantly, he urged them to support this deal. that's right, he urged them to support this deal. so did eric cantor, the house majority leader, so did kevin mccarthy, the house majority whip. they're not going to twist arms, say please, please, please, come down to my office and let me tell you how great the deal is, but the fact they told republicans they thought this was a good deal, at least for now, that they're going to go on to fight another day, which is another thing i'm told boehner said, is quite telling and quite interesting. especially since talking to a lot of these lawmakers, these conservatives particularly, walking out of the meeting that just ended, they might not have spoken up in private, but it's pretty clear it's going to be a big question mark how many of these republicans are going to

vote yes. that this is going to be a bill that is going to rely on an approval that is going to rely on significant democratic support to pass. so we'll see how it goes. the only other thing i wanted to report to you is that the house majority leader, eric cantor, i'm told in private in this meeting sort of implored the rank and file republicans to stop the in-fighting. that's sort of paraphrasing. he said, look, it doesn't help for people to say, you're not a good enough republican because you don't spoerd defunding obama care. you're not a good republican because you do support it. stop, it's not going to help us. that has becomthe storyline. let's end it there. very interesting. they're so aware of the way the republican division has been perceived, nevermind the strategy that, you know, john boehner himself knew despite what he's saying now, going into it, was questionable. >> a big development. we'll continue to cover it. dana, thanks. up next, we'll speak to

timothy gieithner's former chie of staff at the embassy. we'll be right back. overmany discounts to thine customers! [old english accent] safe driver, multi-car, paid in full -- a most fulsome bounty indeed, lord jamie. thou cometh and we thy saveth! what are you doing? we doth offer so many discounts, we have some to spare. oh, you have any of those homeowners discounts? here we go. thank you. he took my shield, my lady. these are troubling times in the kingdom. more discounts than we knoweth what to do with. now that's progressive. i have a big meeting when we land, but i am so stuffed up, i can't rest. [ male announcer ] nyquil cold and flu liquid gels don't unstuff your nose.

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expecting this evening. we'll be following this very closely in this fight over america's credit limit, congress is in a sense putting off until winter what they could be doing today and we could end up right back here again in a matter of months. mark patterson, chief of staff under former treasury secretary timothy geithner, are you concerned the congress is kicking this down the road? >> absolutely, and i think it's a mistake, anderson. it's good that this is happening, obviously. we would much rather have this than a default right now, but a brief extension like this is really not an accomplishment that anybody can be proud of. >> what -- how does it actually impact to go from crisis to crisis like this? >> well, for one thing, all of you guys wouldn't be out here on the lawn all night every night. but look, already in the last couple weeks, it's cost the treasury department more to do the normal borrowing than it needs to do to run the government. the question will be, and what people at treasury will be

focused on in the coming days is does that risk premium that's been attached recently, is there a residue of that? does that stick around a while? does it cost us more money over time, add to the deficit, which is the reverse of what are the proponents of the strategy. >> why does it cost more? >> because when people develop doubts about whether the treasury will pay them back when they put their money in a treasury bond, they demand a higher interest payment from the treasury. >> there's greater risk. >> that's right. they perceive a greater risk. the reason they perceive a greater risk is because of what's been going on in washington. people begin the doubt the government can get its act together and work properly. we're going to february with this debt limit extension. i think it's a terrible mistake. congress really at this point, i'm glad it's getting done. it's much better than the alternative, but congress ought to focus right away on a longer term solution to the dent limit. the right solution is to go back

to an idea that senator mcconnell had a couple years ago, which is allow congress to vote to disapprove borrowing when it's necessary, but not to have a ceiling that you bump up against and default could take place. that's the right way to handle this. no other industrialized countries have a debt limit that operate this way. it's unique to the united states and goes back to the history of the thing. the only reason we have one is before 1917, congress used to vote every time there was a need to borrow. if there was a need to build a ship, they would take a vote. they realized this is silly. we can't do this all the time so let's set some limit and revisit it every once in a while. >> can you put a dollar limit on how much it's already cost? >> no way to know that yet. moody's and others are looking at that, but you'll have to judge it over some period of time and get a sense over some period of time, what was the difference in interest that treasury had to pay for the same

things times their face value over whatever period of time. i'm sure it's in the millions already and there are some estimates that it could be in the billions just for this episode that we've just been through. >> i hope we're not back in a couple months with you sitting here. thanks. coming up, more on the breaking news. speaker john boehner said the fight is over. the government will reopen tomorrow. politically speaking, what happens to him, his party? our panel debates next. ít [ female announcer ] the best thing about this bar it's not a candy bar.

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back now to our special live coverage. the senate has reached a deal to raise the debt ceiling and end the government shutdown. house speaker john boehner says the shutdown should be over as early as tomorrow. the vote should happen tonight. ted cruz says he won't block a vote on the agreement, but he still opposes it because it doesn't address gop objections to obama care. alex castellanos told me last night his friend explained to him just why cruz was speaking out. i still don't know what he was talking about. maybe you will understand. >> finally what ted cruz is doing, and i finally understand, he's having bunny sex. >> wow. this is the late-night edition of "360." >> in nature, there are boom and bust cycles. the snowshoe hare, every ten

years, multiplies tenfold. >> are you high? >> i am. let me explain. the snowshoe hare. i thought it's a marvelous explanation. every ten years, multiplies six fold. bunnies like sex, apparently. but the boom produces a bust. they press their food supply, they invite predators. right now, ted cruz, what he's doing feels good, he's growing his supporters, it's leading the republican party, i think, into a bust -- >> you're just digging a dish, alex. >> i love to dig dishes. >> commentator, democratic strategist hilary rosen joins me and michael hurst, chief diplomatic correspondent at the national journal. first of all, what do you make of what senator ted cruz said earlier today. he says they've accomplished something. >> for ted cruz, this was never about getting something done, it was going to be a failed strategy from the outsight. he probably has accomplished what his goal was, which was to give himself a couple of more

million e-mail names and a better fund-raising platform for whatever his future political ambitions are. i think our mistake is to try and put this in the context of what his goal was. you know, his goal was never to actually do something. he knew he wasn't going to be able to use the government shutdown to accomplish any changes in obama care. that was never going to happen. >> do you think something has been accomplished? >> i think that, you know, for pure political brazenness, there are few memories to match ted cruz. a year ago, no one really knew his name, now he's a national figure, likely to stay that away. a hero to the tea party base, likely to stay that way. so certainly for his political career, i think he's accomplished turning himself, you know, changing from basically a nobody into a somebody. in terms of policy, no. i mean, it has to be seen as a huge set wback. and i think that most political observers think this was a very big miscalculation, to try to do

what he did with obama care. >> yeah, three central figures in this entire thing. you have ted cruz, you have john boehner, the speaker of the house, and you have president obama. john boehner went down this path of trying to accommodate ted cruz and his tea party colleagues, because he decided that he was the speaker of the republicans, not the speaker of the house. a bad strategy. and he loses badly today, because of it. and his republican friends tried to warn him not to do this. and president obama, who i think, despite, you know, the cynicism at the outset of this, when people said, oh, let's just put enough pressure on him, and he's going to cave, he's going to negotiate, they'll do something. you know what he said? i'm standing on principle, i'm not going to move, and he actually didn't. so what we have today is kind of a bad compromise, as we just heard from mark paterson, because it's short-term. but what we have is, nothing gained by the disruption that the republican -- >> is this just kicking the can down the road? is this really any way to

govern? >> well, not very far downed the road. and that's why i think if democrats are going to declare victory, they're getting this wrong. it's extremely naive, you know? we have another deadline in february. if you look back at the past decade or so of debt ceiling increases, they've tended to be for a year or more, and we've shortened the time frame. that has to be seen as something as a tea party victory here. and i think, you know, we have to sort of heed what john mccain said the other day, what goes around comes around. democrats think or the president thinks that the republicans are simply going to go away or fly the white flag. i think they're seriously wrong. when these budget negotiations start, it's going to get very tough. >> what are the democrats willing to give on? there are going to be negotiations, there has to be give and take. what would the democrats give on? >> well, i think, when you have a budget conference, as contemplated -- and look, i don't think this is an ideal scenario for anyone and i don't disagree with everything mike said. but at least you're starting with some zero base budgeting, where you've got, you know, some credit that the democrats get

for the $800 billion that have already been cut off the budget over the last year, which are the sequester levels, as people have talked about them. so, we get some extra credit for having already cut spending. i think then you go and say, already, now, what are the funding priorities and what are the cut priorities? you're negotiating an entirely different environment. >> we've got to leave it there. appreciate both of you being with us. our special coverage continues in just a moment. ít goglossophobia, is the fear of public speaking. ♪ ♪ the only thing we have to fear is... fear itself.

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nthat's why they deserve... aer anbrake dance. get 50% off new brake pads and shoes. we expect votes here tonight. i'll be live back on capitol hill at 8:00 for "a.c. 360" and at 10:00 later for "a.c. 360," both live shows. "the lead with jake tapper" starts right now. you can come out of your bunkers. no need to duck. the sky is not falling. i'm jake tapper and this is "the lead." coming to you live from capitol hill, we have a deal, just not a done deal. the senate is about to vote on a plan that will end the government shutdown and allow america to start paying its bills again. and just moments ago, house speaker john boehner conceded defeat and promised the house would get in line. but, to my writers, make this