over. $480 billion. by the way, we re still trying to with this increase with the debt creeling to deal with this for the time being. our debt is still rapidly closing in, overall debt of $30 trillion. when this network started, 25 years ago, it was about 5 trillion. does that look like progress to you? after this.
the republicans and democrats have a disagreement about raising the debt creeling in the long term. they ll have to resolve that or we ll be become here in two weeks with the two sides staring at each other. at least there s not going to be a crisis right now. we ll see if there s a crisis in a couple of months. manu, the question is the conversation long enough to give democrats the chance to reach agreement on the infrastructure and their budget? reporter: that s what the democrats hope. they said this would give them some opportunity to get their larger package done, how to deal with this expansion, social safety net, the infrastructure bill, both of which they re trying to get done within the next month.
be prosecuted. there is no reprieve if this injunction is later vacated. providers who provide abortions, those who help individuals seek abortions or provide abortions during the period of this would still be legally liable under the law. all right. melissa and barbara and julia, thank you so much. important story. we will be covering it throughout the day. we turn now to capitol hill where a financial disaster may have been averted. going to say may in quotations. it s not over until it s over, but after there appeared to be raising the debt creeling in default. senate majority leader mitch mcconnell says he is down to lift it through december. kicking the can two more months, less than two weeks before the deadline. the chamber back in an hour from now with democrats set to accept his offer. going straight to leigh ann caldwell on capitol hill, and without reporter and politico,
there that jen psaki just made. one that the president and mitch mcconnell have not talked. this idea of a carve out to raise the debt creeling that would require a simply majority, that might be less of a point here with the wiggle room that the republican leader has granted chuck schumer to avoid addressing this debt ceiling issue that gets closer by the day. i want to go to bob nardelli on this, the former chrysler home depot ceo. i was mentioning about that back and forth and the confusion of the government to shut down and have the money in october, will it not have the money. clearly markets move on it, businesses got in the area of mitch mcconnell to say look, this is a worry. don t let this happen. hence this development today. how important is this whole debt ceiling issue to business? first of all, thank you for having me on on a special week,
climate and providing opportunity for young people. we have underinvested in them. i don t feel like this bill is ready to go. that s what the speaker acknowledged in the clip you just said. neil: what confuses me sometimes, congressman, i hear from the president that this is paid for. but in the same sentence he goes on to say we don t know what is in the final package. so how can something you don t know be paid for? that was my question, too. i m very concerned that it not add to the deficit. under the trump years we racked up a lot of spending we didn t pay for. that s why we re voting on this debt creeling to pay that credit card bill. i don t want to compound that mistake. i take the president at his word that we re going to pay for it. before we pay for it, we have to know what revenue he s okay with. that means talking with senator manchin and senator sinema to