Nightly News   |  September 26, 2013

Time running out for budget compromise

The clock is ticking down to a potential government shutdown, but even if a deal is reached to avert the crisis, it’s one that will actually cost voters extra money. NBC’s Chuck Todd reports.

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>>> back in this country, specifically the nation's capital, the tone is getting uglier than normal in washington as lawmakers argue over funding the health care law , leaving the country just days from a possible government shutdown , the polling shows most americans do not support. our white house correspondent chuck todd following it from our d.c. newsroom. good evening.

>> reporter: good evening. another day of dysfunction and squabbling in washington as the clock ticks down for the potential government shutdown . republicans trying to defund the president's health care law . to do this shutdown. but guess what, even if they avert the shutdown it's a deal that will actually cost you more money. [ applause ]

>> reporter: at a rally in suburban maryland today an exasperated president.

>> we are not going to submit to this kind of total irresponsibility. congress needs the to pay our bills on time. congress need s to pass a budget on time. congress needs to put an end to governing from crisis to crisis.

>> reporter: the republican speaker, just as frustrated.

>> the president says i'm not going to negotiate. well, i'm sorry. but it just doesn't work that way.

>> reporter: time is running out.

>> every hour that ticks by puts our country closer to a shutdown.

>> reporter: tea party republicans ted cruz and mike lee continued to delay the potential compromise ang berring members of their own party.

>> it is not the republican side that's asking to stall. we have only two republican senators that are wanting to push this off.

>> reporter: still, whatever short-term compromise is made it will cost taxpayers extra money. here's why. the government saves money when it buys in bulk like ordinary people do at a big box grocery store. short-term spending bills like the one congress is about to pass means the government pays higher, reretail-like prices.

>> it is a poor way of a government let alone a household to operate.

>> reporter: the public is mad. 80% of americans oppose the tactic of using a government shutdown for political leverage.

>> they need to get their act together. they're like children.

>> i'm sick of congress, both sides either way . decide what you're going to do.

>> it seems irresponsible. i think we want more from our elected officials.

>> reporter: expert s say the larger problem is that congress hasn't agreed on a real budget for four years, forcing the political standoffs and stop-gap spending bills.

>> we budget by automatic continuing resolutions which is a mindless way the to do it. it doesn't pick and choose priorities. it doesn't say what should we fund more of and importantly what should we get rid of.

>> reporter: even if we get past monday's shutdown deadline another looms. the nation's credit card will be cancelled october 17th and the government can't borrow money if they don't raise the debt ceiling, so here we go again.

>> chuck, thanks.