So, basically, from The Last Word with Lawrence O' Donnell and his guest Senator Kent Conrad, we learn that McConnell refused to negotiate with Majority Leader Reid and said he will only negotiate with the President. More importantly, Minority Leader McConnell indicated he and his Republican cohorts in the Senate would filibuster the Reid bill. However, that is the only bill that actually can pass the Congress in time to prevent a default and the automatic reduction in our credit rating from AAA to AA which will cause, according to Bank of America and Credit Suisse, a 5 % contraction in our GDP.
The Republicans, therefore, by their filibuster, have forced the US to default with the attendant consequences. The Tea Party people must be so proud !!!!
Wow !