Jack Reed actually said...

I know that we are making progress on an agreement to provide a one-year extension of unemployment benefits to people who have been out of w...

As President Kennedy said, you know, failure is an orphan, but success has lots of parents.

Without that, you could, either unwittingly or wittingly, signal that there is going to be an erosion of sanctions.

I do believe that a default on the U.S. debt would be catastrophic.