host: this is shia kabbas talking about issues of the debt ceiling and federal spending. thanks for giving us your time again. guest: good to be with you. host: back in september of 2021, we were talking about the same thing, needing a debate about debt limit so why have we come to this point where we are still dealing with these issues and we bump up against these deadlines? guest: here we go again, as they say. the federal debt limit is in law by congress that limits the ability of the treasury department to borrow a certain dollar figure. right now, the dollar figure is $31.4 trillion. it has increased many times over the course of the last hundred or so years. especially over the last decade, you have these recurring debt limit apples where there are negotiations and demands about what should be attached to the debt limit and an extendedperiod about uncertainty how that will take place in the debt limit gets extended. the last time we had one of these was in 2021 and we a
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the speaker pro tempore: the gentlelady from california is recognized. ms. waters: h.r. 298 will focus on the challenges small businesses face. i urge my colleagues to support this bill. again, i would like to reiterate how anxious i am imto work with the opposite side of the aisle to build the concerns of rural america. it is not only in small business. again, it is health care and it is in housing and all know that housing is one of my top priorities. i m looking forward to a rule of some kind and i m looking forward to what can be done in arkansas. my mother was born in cotton plant, in his district and it s going to cost money and going to cost time, and i believe in capital formation and we can work together on capital formation. with that, i urge my colleagues to support this bill and i yield back the balance of my time. the speaker pro tempore: the gentleman from north carolina is recognized. mr. mchenry: i yield myself the remainder of my time. i want to thank the ran