economic panic that i really can t see that it won t be raised. it doesn t mean there won t be some sort of agreement, some sort of compromise reached at the time. do you believe austin goldsdy is correct in saying it would be catastrophic. it would be reckless. our debt is way too high. we need to get it done. if we don t raise the debt ceiling and default, what does that do to the image in the world? this isn t the language of fear that gets us into the bad decisions saying it would be catastrophic when we ve gone through this before and it hasn t been. only thing reckless going is the washington spending. we have to get it under control. the president has shown he doesn t care about deficits for the last two years. we need to stop spending. this has to be tied to what we re going to do with the debt ceiling. according to the polls right now, the american public is in favor of not raising it. what s going to happen? stand by. meanwhile, the panel sticks around for this why