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McConnell refusing to work with Reid

Sen. Kent Conrad broke some news on The Last Word tonight. According to him, Sen.

Sen. Kent Conrad broke some news on The Last Word tonight. According to him, Sen. Mitch McConnell told Majority Leader Harry Reid he will not negotiate with him anymore — only with President Obama.

This continues the rollercoaster standoff on the debt ceiling between top U.S. lawmakers.

"I've been here for 25 years. I have never heard anything like that," Sen. Conrad told msnbc’s Lawrence O’Donnell.

Tonight, the Senate killed the Speaker John Boehner's twice-revised Budget Control Act in a 59-41 vote, minutes after it arrived from the House.

At this point in the game, both Democrats and Republicans are racing the clock. More negotiations are expected over the weekend to try and come up with legislation that can pass both houses by the August 2 deadline to avoid a government default.