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Transcripts for CNN State of the Union with Jake Tapper and Dana Bash 20211024 13:35:00

well, i consider it utterly sev essential that the debt be raised. it s inconceivable that the u.s. says it s unwilling to pay the bills it s agreed to spend. it is about paying the bills that result from past decisions of congress about spending and taxation. it would be utterly catastrophic, something that has not ever happened in the history of america. our assets, our treasuries are regard as the safest assets on the planet, because america can be counted on, always has, to pay its bills. i personally believe this is as responsibility that republicans and democrats should share, that it s something that both parties

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