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past spending agreements. it has failed 100% of the time in curbing future spending, and you have been categorical that you are for suspending the debt ceiling. do you see any chance that this happens? i think it s become increasingly damaging to america to have a debt ceiling. it s led to a series of politically dangerous conflicts that have caused americans and global global markets to question whether or not america s serious about paying its bills. it s flirting with a self-inflicted crisis. and it really involves the government giving to their treasury secretary and their
trillions in debt that would tax, spend and regulate america into european neosocialism. i m not for it. i m not going to vote for it. now, to do that, they have to raise the debt ceiling. raising the debt ceiling would not only raise the debt ceiling for past spending but raise it for future spending. so they can t pass their bill without raising the debt ceiling. senator schumer has a very easy way of raising the debt ceiling with democratic votes. all he s got to do is amend the budget resolution with democratic votes. 50 votes, plus the vice president. it s like geico. it s so easy, even the caveman can do it. he doesn t want to do that. because he doesn t want to put a specific amount on how much he wants to raise the debt ceiling.
that has to do with the biden agenda that democrats ryan, thank you so much for that. christine, can you just explain in layman s terms what happens if congress does not raise the debt limit? reporter: 50 million senior citizens would not get a social security check or it would be delayed. the child tax credit going into people s bank accounts would be stopped. and you wouldn t be able to pay the troops right away. this is paying america s bills. it s really dangerous to play with this stuff. and washington sometimes uses the debt limit and its process you ll hear republicans talk about they want to constrain future spending by not raising our credit card limit. this is money that s already been spent. these are bills that have to be paid. america doesn t default on its obligations to its citizens and certainly to its creditors. so this is very it s so important. it can sound like washington process. really everyday people will suffer. reporter: real world examples. you h