piece of american paper currency, and that is quite a superpower, unlike any power than anyone else in the government has. including the president. secretaries of the treasury also have, the unique and huge we import empower, to invoke what the treasury calls, extraordinary measures. that is where the united states of america s tonight. treasury secretary janet yellen is already taking extraordinary measures, to try to delay the day and the hour, which the government of the u.s. will default on its debt. those extraordinary measures, include, suspending investments in certain federal workers pension funds, among other things. the exact day on which we will hit the debt limit, is unknown, because it literally depends, among other things, on exactly how much money, the federal government collects, each day, the daily cash flow, into the united states treasury, which is mostly tax revenue, fluctuates between, 50 billion dollars a day, and over 300 billion dollars a day. so, if j
Not have to cast a public ballot. in other words, 45 republican senators would be happy to allow the debt ceiling increase to come to a vote, if they weren t senators. senators have to vote publicly. that s the job. that is the thing that senator roy blunt is saying republican senators do not want to do, they don t want to vote publicly. democratic senator brian schatz of hawaii, is quoted by the new york times, in that same article, saying, american politics is going crazy, because one party has gone crazy. no republican senators tonight are complaining, about senator schatz calling them crazy. not that long ago, if the senator said the other party has gone crazy, the other party would be publicly expressing outrage at that senator, but, crazy, is the republican senate s brands now.
Essentially, held this senate in a legislatively constipation position than it typically, is and we don t know what s going to change it. which is kind of bizarre. adam, as we are careening once again, through debt ceiling drama, which always, always in the past for me, always contains the lack of suspense about with the final outcome, was because of course, the congress was going to move the debt ceiling or suspend the debt ceiling, or deal with it in a way that would avoid default. but, when you have one party in the senate, as far as i can tell, except the label crazy, and seems to think, that that s the way to profit politically with trump voters, is the peer to be crazy and reckless and dangerously like donald, trump it s just it s tricky to find
Saying, the problem with american politics is that one of the parties is crazy. that is provably true. when you re dealing with crazy, you don t know what s going to happen. you never know what s going to happen. and the consequences of this one are real, and they are serious, and it will affect people at home and in their pocketbook. i appreciate you re covering it tonight. have yourself a good show tonight lawrence. thank you. ali thank you. back in the, day when i was running the staff process for confirmation hearings that the senate finance committee, i once had to deal with a very impatient nominee for secretary of the treasury. confirmation process was actually moving very quickly, but, i kept getting messages from him, asking what was taking so long, and finally someone posted the nominee, whispered in explanation to me, he wants to sign the money. treasury secretary is get to sign their names, to every