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revolutionary war, but we are. good to be you with. i m katy tur. america has been arguing about it for its existence entirely, the first debt racked up during the revolutionary war in 1776 when george washington borrowed $7 a million, a ton for that time, to pay for it. 247 years, and now $31.4 trillion later, we have hit our self-imposed limit. again, so what does that mean exactly? house republicans are promising a political showdown in washington, and it also means the beginning of what the treasury department calls extraordinary measures to stave off default. we will explain what those measures are and how they re going to impact you. we will also see what the white house has to say, jared bernstein had so much fun with this yesterday, he is back with us today and while the tug of war how to pay the debt dominated the headlines today, the investigation into president biden s handling of classified documents after leaving office is just getting started. we ve got ....
Voters, between the ages of 18 to 34, by 2020 theyll be the largest segment of the american electorate. Theyre not part of this trend. White millennials will almost certainly not vote for donald trump, young white people. The children. Heather mcghee, fernand amandi. Well be right back here on saturday after joy reids bonus hour. Well be here, if my voice makes it. Be sure to tune in for that. The Rachel Maddow show starts right now. Do you know that i have magic throat lozenges that cure everything . Ill go right to your office and steal them. They sell them at my bodega. I think theyre illegal. Thanks for being with us here this friday night, this friday before the election. Its very exciting. Im very excited. When john f. Kennedy beat
midmanhattan with our rca 501 computer. Only onetent of the total vote is in, were going to have what we call projections. Thats estimates on what the final vote will be in a popular and then what ....
Value, lose its credibility, and then the government might have to start drawing from, for example, social security payments, food stamp programs, medicare, and we haven t seen that happen before, there are 78 times since 1960 that congress has either passed to resolve by extending, or suspending the debt limit, which as a reminder is a cap on how much the government can borrow to pay bills that it has already racked up. it is separate from spending from the perspective that this has nothing to do with whether or not money goes to defense or to infrastructure, it s already been spent, it s now how can they pay the bills that are outstanding, we hit the cap today, the u.s. treasury can do things to fit, to keep the lights on, until then all eyes on congress to see if they can they can move perhaps the 79th time to make this debt issue go away. we ve never been here before and never defaulted so it is a bit of an open question about what would happen, we have gotten close and the marke ....
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Latest Articles freerepublic.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freerepublic.com Daily Mail and Mail on Sunday newspapers.