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Transcripts for FOXNEWS Cavuto Live 20210925 14:27:00

rating dinged ten years that took us down from the aaa rating we had enjoyed prior. what happens right now if something slips and we do default? something goes wrong in it could happen. michael lee is with us, michael lee strategies, adam lashinsky as well. adam, begin with you. what if it happens? we shut down, but this time, this time we default, we don t make a payment to the treasury note holder or don t make a social security payment to a social security recipient. then what? well, neil, i think as you so eloquently set it up, it s a counterfactual. we all pretty much agree that it won t happen. it s extremely unlikely that it ll happen. but i ll answer your question, a lot of bad with things would happen if we did that.

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