increasing the national borrowing limit by $480 billion. there are big questions about whether they can avoid a default come the fall, a longer-term issue they ll have to deal with then. that could coincide with the bigger effort to get the rest of the democratic agenda through. so you re seeing a lot of big decisions leadership will have to make. can they get it all done? still major questions ahead. yeah. that s for sure. quite to to-do list. thank you. still to come, more disturbing emails from one of the nfl s highest paid coaches. today that coach, jon gruden, he s out of a job. the latest on his resignation amidreports about his remarks that went far beyond a racist leaning. and g-20 leaders are convening in a virtual summit. one of the top concerns is afghanistan. we ll speak with retired u.s. commander general stanley mcchrystal. he has a new book out about
she later denied that that was allow did chance in the mid-terms. she s speaking more to the moment that we re in and not a political statement. progressives are digging in. they say they don t want to cut anything, any programs. they would rather cut the timeline because they don t want to prioritize certain programs over others. they also added that some of the programs will need to be funded for the whole ten years. the climate program in particular. so really setting the markers there, not giving a lot. the white house says talks are continuing including at the staff level and with the president. again, not a lot of progress over the last few days and we re creeping up on the deadline. neil: thanks, jacqui heinrich on all of that. now to capitol hill where the house will take up the measure to raise the debt ceiling and keep the government going. $480 billion for a couple months. aishah hasnie on all of that.
$480 billion. that would really only last until early december. this vote will be approved by almost straight party lines, barely approved in the house but how they deal with that larger package extending the national debt limit potentially through next year s elections is uncertain because mitch mcconnell, the republican later in the senate says he ll not provide any republican votes next time to allow that process to move forward calling on democrats to use a separate process that would allow them to do it along straight party lines. it s uncertain whether democrats will ultimately have to go that route or they ll take other measures such as changing the senate s filibuster rules to do it on their own. all major decisions democrats face in the weeks ahead as uncertainty will continue to linger. manu speaker pelosi wrote a letter last night to her fellow democrats addressing the shrinking price tag on biden s big-ticket legislation. they need to shrink it down in order to get it thr
aishah? hi, neil, a couple months, two months when you think about it. we re talking half a trillion to keep the lights on for now less than eight weeks. the house comes back tonight, 5:00 p.m. to vote on that. check this out. new information just coming in to the newsroom here. 190 members, about 40% of the entire house, has active proxy letters to vote remotely. 100 of those that did that today. democrats and republicans that just didn t want to come back to the hill to vote on this very important measure. even if they do pass it, we re still not out of the woods just yet that is because senate majority leader chuck schumer struck a deal with mitch mcconnell to extend the nation s credit limit by $480 billion. it was a move to get dems to put a dollar figure a price tag on how far they were willing to stretch the debt. mcconnell has said, look, we re not going to do that again when
going toward interest. not to the poor or elderly or schools or children, but interest. and $3 trillion a day is added to our debt, and both of those numbers grow every day, and they don t seem to care $3 billion. they are taunting the markets, taunting the economy, and this continues cutting of credit cards, a bigger one to pay for the last one, has got to end. neil: david, to gary s point, if the markets are panicking, they don t seem to be showing it. they always seem to get close to the brink, someone cobbles together a deal to get us to the next brink. what do you think will motivate wall street in these next few months? we ve got a couple of months to get by on $480 billion which seem to be the entire budget of the united states. that aside, what do you think is going to be sort of moving the