hikes that he has been doing? here s the thing you have to remember. the fed just as this one tool, raise interest rates and yet, there are whole lot of things that are causing prices to go up. we know that the pandemic, the supply chain kinks, we know that price gagen gouging, but we also knows the raisin interest rates is not gonna bring down the cost of housing. it s not gonna make it easier for someone to buy their first house. and it doesn t make it easier for builders to come in and build new housing which is what we need to bring those prices down. i just keep trying to remind him, there is a difference between landing a plane and crashing a plane. with these big increases. yesterday s data made a soft landing seem possible, and i think we can get that senator elizabeth warren always a pleasure. still ahead, new text releases
we have over 50 tlts in unfunded liabilities, medicare, medicaid, all unsustainable. i think we need to do something in connection with the decision to raise the debt ceiling. it deals with the debt. both medium and short-term, medium term and long-term. that what it would take to get my vote. a cnn contributor, secretary geithner said not raising the debt ceiling would be catastrophic for the economy. now, he concedes no one knows for certain what could happen in the event that it s not raised. are republicans willing to risk sending this fragile recovery that we re in into chaos to find out if they re right? no. but neither are democrats. let me tell you why i m certain. a, the debt ceiling has been raised 74 times since 1962. second the consequences for not raising the debt creeling are dire and everyone knows it i have my tim russert prop. if we don t raise the debt ceiling the government cannot issue new debt. we take in 60 cents for every dollar we spend. we spend