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on us and global economies. so how did washington get here and what would happen if the borrowing ceiling is not lifted? my colleague samira hussain has been investigating. the first of all, this debt ceiling crisis is actually a political crisis. itjust happens to hinge on a months pass piece of legislation to save the nation from economic catastrophe. so what exactly happening? weeks to go before the federal government is unable to pay its bills. will the us government spend more money that it brings in. so it needs to boro money to pay its bills. it can only boro a certain amount of money. and if it needs to boro more, congress has to prove that. it used to be a routine thing, but not any more. republicans see this as an opportunity to extract demands, like cuts to affordable housing or other social security spending. but the us presidentjoe biden says no way. you need to pass this legislation with no strings attached. so off to the white house the two warring poli ....
a default could have on us and global economies. so how did washington get here and what would happen if the borrowing ceiling is not lifted? my colleague samira hussain has been investigating. first of all, this debt ceiling crisis is actually a political crisis. itjust happens to hinge on a must pass piece of legislation to save the nation from economic catastrophe. so, what exactly is happening here? weeks to go before the federal government is unable to pay its bills. well, the us government spend more money that it brings in. so it needs to borrow money to pay its bills. it can only borrow a certain amount of money. and if it needs to borrow more, congress has to prove that. it used to be a routine thing, but not any more. republicans see this as an opportunity to extract demands, like cuts to affordable housing or other social security spending. but us presidentjoe biden says, no way. you need to pass this legislation with no strings attached. so off to the ....
hosted by alex witt will start at 5:00 a.m. eastern. that is going to do it for me. deadline white house begins right now. hi there, everyone. happy friday. it s 4:00 in new york. donald trump s once loyal attorney general bill barr recently said that the classified documents probe was the most threatening to trump, and brand new reporting in the new york times reveals why that may be the case. new york times out with some blockbuster new reporting that shows that special counsel jack smith is leaving no stone unturned in his pursuit of answers to questions about trump s conduct. namely, whether he sought to obstruct efforts by the government to get back classified documents. some of which contained incredibly sensitive national security secrets. from that new times story, quote, federal prosecutors investigating former president trump s handling of classified documents have obtained the confidential cooperation of a person who has worked for him at mar-a-la ....
is expected to spend the night on monday in anticipation of his tuesday arraignment. it goes something like this. i want you to assume that the 2020 election concludes with biden beating trump. in fact, in my hypothetical biden beats trump by the exact same numbers that biden did be trump. in the electoral college is 306 to 2 32 in the popular vote percentage. it s still 51.3 to 46.9, meaning joe biden garnered 81 million votes and donald trump 74 million only in my alternate universe. trump accepts defeat. there s no perfect call to brad raffensperger. john eastman. he never gets near the oval office . mike pence is not leaned on. no alternative slates of electors are ever assembled. january, 6th. it passes like any other day. there s no rally. there s no storming of the capital. and on january 20 donald and melania trump. they attend the biden harris inauguration. there, there. he s not happy about it. he s grumpy. but he s physically there. and as a matter of fact, w ....