together in the reagan ranch in california to share ideas steps they think need to be taken for the conservative movement in america. and joining me are the two students who attended the conference. from truman state university and john ike from the university of north carolina. good morning, guys. good morning. good morning. okay. john, let me start with you, you re meeting at the reagan ranch of course, to talk about the next steps for the conservative movement. what are those? well, i think the next step is to reach out to the younger generation and those that are currently in college as we speak. and let me tell you, the national debt is approaching 14 trillion dollars and the congress is going to decide weather in the coming weeks to increase to 14.3 trillion dollars and you know, the that figure is roughly equivalent to the entire economy in the united states, which is gdp. and so, you know, that is an
the spending going on. yeah, there s a lot of people worried about the spending. and that s whether or not we ll get to a stale meat in the next congress when it comes to the debt ceiling, raised between march and april of next year and sits at around 14.3 trillion dollars. will this cause a such a debate in the u.s. congress that you could see a shutdown of the congress, as we saw in 1994. we have a new incoming crew of congressmen, and certainly, the tea party, tea parties and the various upset about the spending and so if the spending does not get under control, will they just stand their ground and say, look, we re not going to allow this to go on and not allow you to raise the debt ceiling. if that happens, what could happen the u.s. could potentially default and that would rock bond markets around the world. julie: wow, liz macdonald thank you so much. catch her on fox business, they re all so smart there. thank you. julie: thank you very much. sure.