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45 on aa. that should give you a sense of the magnitude of the problem. but i do think you re starting to see some more interest on this from republicanses. we did get some debt ceiling spending discipline even if it wasn t as much as we would have liked. i think also the fitch report, i mean, fitch is not clairvoyant, there are reasons to dispute some of their assumptions, but it s forcing the biden administration to have a conversation about this. they can didn t dismiss can t dismiss fitch, and it will force them to dress things address things like their car subsidies or health care subsidies that are simply not sustainable. paul: dan, the risk isn t default here, but it is rising interest costs perhaps because they re going to charge more for our debt. i guess the danger down the road is that someday the world which lends us a lot of money will wake up and say, you know what? we re not going to do it anymore. [laughter] right. exactly right. and then they can ask janet yellen
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