Chuck Schumer: “That means this bill the leader will put on the floor tonight is the last train out of the station, and it also means…”

“That means this bill the leader will put on the floor tonight is the last train out of the station, and it also means, given the rules of the Senate, that only with bipartisan cooperation can we do it. So we are hoping and praying that our colleagues from the other side of the aisle, led by their leader--and 15 signed a letter talking about a bipartisan compromise as part of the Gang of 6, or Gang of 8--that that group could come forward and make suggestions, not simply say the Boehner bill because that will not pass, but make suggestions on modifications to the Reid plan. That is our only hope of avoiding default, and we must act now. Is that a correct depiction of the status on the floor and of where we are headed?”