our military running, just a sample right here of that, or the other list. pay back some money that we have borrowed. over $4.5 trillion owed governmented around the world. these are the top five. china, for instance, right here. lending one out of every $4 we owe. all told, $306 billion starting august 3rd. the problem? only $172 billion is coming in from tax and other revenues. that leaves a shortfall of $134 billion. who do you pay? many say the treasury department will go with foreign governments and other bond holders first. though few details are out there at the moment on who and how bills will be paid. the treasury department has been putting together a payment plan. one possibility in that plan, do what president eisenhower did when the debt ceiling was not raised back in 1953. he had the treasury department issue gold certificates to federal reserve banks across the
perhaps, do what president eisenhower did when the debt ceiling was not raised in 1953 he had the treasury department issue gold certificates to federal reserves across the country and got cash back to keep the government humming along. alex, there s some 100 million checks issued by the government every month, and in three days the unsavory job of payment triage begins, choosing grandma or governments. an unenviable task to be sure. coming up we ll have more on the debt ceiling crisis and president obama s role in it. we re going to speak with pat buchanan and morris reid about that. a caribbean airlines plane with 140 people on board crashed earlier today in guyana. the crash occurred at the country s main airport just south of george town. it broke in two, but remarkably looking at these pictures, no one was killed. there are several injuries, though, it s not clear how many or how severe they are. the plane left new york and stopped in trinidad before attempting to land there