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news from ukraine, where a series of explosions rocked the capital city of kyiv this morning. ukraine says, the russian missile attack is targeting critical infrastructure. we will go live to ukraine for the latest. plus, the house under republican rule. we will look at the chaos the gop has brought in congress in its first week in charge of the house, and the latest on the investigation into president biden s handling of classified documents, and what s behind the double standard in how the biden case is being treated compared to the case of a certain twice impeached ex president. then, the featured author for today s edition of the velshi banned book club is a story to herself, and author, yes, but also a filmmaker. folklorist and voodoo expert among many other things. we will dive into zora neal hearst in, their eyes were watching god, next hour. velshi starts now. and good morning. it s saturday, january the 14th. we are one week into hundreds 18th congress. i ....
Is the debt, 31.5 trillion dollars. when you worry about this debt and how we re gonna pay it back. that s an important consideration, but until we get an answer to that, let s look at how the deficits and debt is financed. it comes from bombs issued by the government and sold to investors. the bond is a promise to pay back alone at a certain interest rate. the rate is comparatively low because the loan made to the u.s. government, is considered the safest investment on earth. but now, once again, that is at risk. some republicans threaten to not allow the delay may, which is the amount of money that the government can borrow to pay its bills, to be raised. if republicans succeed in that effort, the government would have to do what an individual or company would have to do, we prioritize who gets paid first. and in the case of the u.s. government, interest on those bonds have to be paid first. because a payment to a bond order is miss the corroding of the entire u.s. could drop, and th ....
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