all over the map. one thing to think about, the november gubernatorial election. if terry mcauliffe wins that race, that could be like a scott brown win when he won kennedy s seat. it really imploded the democratic party for some time until they regrouped and able to pass obamacare. they won t pass anything big, certainly not that reconciliation package any time soon. neil: mcauliffe stepped in in the debate. that is coming back to haunt him. i d like to get a bigger look at the picture. for the more time being, the debt celling issue and the nation that something has to be done to hear the treasury secretary tell it by october 18 at the latest where we run out of money. there s ways to rob pete tore pay paul and keep it going. it s far from resolved.
come because of the immobility of congress as an institution. it is completely failed. when we re talking about our failing democracy, it really is at the heart of congress so i am inclined for the representatives argument towards the filibuster the reality is kyrsten sinema, joe manchin, other more moderate democrats are not going to let that happen. so while, yes, this would be a great solution, not just to the issue that we re facing right now, but the debt celling, but also with voting rights and a number of other issues, it would be a good strategy, but it s not going to happen. and i think that that is something that we need to just kind of table for right now and figure out what we re going do in the shorter term. figure out how the democrats are going get along, which is one of the games of chicken that is so crucial here and in addition to that, understand that republicans have nothing to lose because part of the reason they re able to take
$5 trillion. the price tag could shrink to court the votes of joe manchin. spoker pelosi didn t want to talk about the numbers saying it s paid for. it s paid for by putting a debt on the next generation of americans. that s how it s paid for. there s a test vote at 5:30 eastern time on the debt celling. charles? now to aishah hasnie on what is in the bill. i m not sure we want to know. charles, there s never been a bill like this in the history of our country. we still don t know the parts of it. right now based on the parts that have been revealed, it s chocked full of progressive wish lists, items that they want to see come to fruition. let s take a look at them together.
okay. still have the looming threat of a debt default. the federal reserve has indicated that they re still going to reduce stimulus before year s end. what about the huge chinese rebel state firm on the brink of collapse. they missed an interest payment today. they have instructed local governments to prepare on the the down fall, which could have a global impact since we re talking about $300 billion in debt. weakness on the home fronts with a jump in jobless claims.we saw an increase of 351,000 last week. hurricane ida, the delta variant may have impacted those numbers. but neil, most of wall street i can tell you is squarely focused on d.c. the talk of $3.5 trillion in spending along with the debt celling. hey hope it goes in the right direction. neil: all right. thank you very much for that, susan.
tonight i m obsessed with seinfeld and the shutdown countdown. jerry seinfeld said we root against a player on the other team and for him when he s traded to our team. the player hasn t changed only his clothing has. he put we re just rooting for laundry. that is what our politicians are doing right now. take nancy pelosi. ready to shut down the government. here she was in 2013 in the face of a republican shutdown. you do not use the threat of shutting down government to try to advance your policy agenda. that is just not the way it works. senate minority leader chuck schumer could hold his ground and force a shutdown. chaos, you say, so did he in 2013. we could say we re shutting down the government and not going to raise the debt celling until you pass immigration