[silentknight]

5:29pm | No closer.

Reid to reporters after his meeting with Obama: “The question is are we closer to an agreement, the answer is ‘no.’”

Read more: http://www.businessinsider.com/live-coverage-congressional-debt-ceiling-showdown-2011-7#ixzz1Tcw0leS3

[CedarDave]

7:37pm | Pelosi backs 14th amendment option.

The Huffington Post reports:

"Nancy clearly wants it," said the lawmaker, who requested anonymity. "Publicly? No. Privately? She thinks the president should do it. Period."

Read more: http://www.businessinsider.com/live-coverage-congressional-debt-ceiling-showdown-2011-7#ixzz1TdSO2a7m

Doing that would make Obama a de facto dictator. Time to review constitutional provisions for impeachment if that occurs.