raising the nation's debt ceiling. it took $38.5 billion billion in cuts to avoid a shutdown last week. democrats and republicans in congress have to deal with the next problem, a $14 trillion problem. >> the national debt currently $14.21 trillion and growing. next month it will hit $14.29 trillion. we could go on and on. that is the limit set by congress on how much they can go up to that, how much they can bo ro. president obama wants congress to raise it and republicans are pushing back. >> kate baldwin live from the white house in a moment, but first up brianna keilar on the new lines of the budget fight and joins us from washington. >> i guess that was a $38.5 billion ap pe tizer because the week ahead of us is going to be a pretty crazy week. today we're going to be getting details on the $38.5 billion in spending cuts. we're going to figure out what is being cut. and then we're going to be spending tuesday or today and tuesday and into wednesday, having a chance to read the bill