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Transcripts for KPIX CBS Evening News With Norah ODonnell 20210928 22:38:00

weeks away. reporter: tonight a warrick to congress that the u.s. could default on its bills for the first time in history if lawmakers don t act. it would be disastrous for the american economy, for global financial markets, and for millions of families. reporter: the government could run out of money by october 18th if congress doesn t raise the debt limit. the amount the government can borrow to pay its bills, with dire consequences ranging from spiking unemployment to missed social security checks and troop payments. i object. reporter: senators deadlocked again as republicans objected to democrats latest fix. do republicans take any responsibility if the u.s. defaults? did you ask the majority leader that question? reporter: i m asking you, sir. yeah, that s the point because he has the responsibility, and trust me, he will do it. reporter: but as the debt crisis looms, so does the threat of a government shutdown.

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