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about the debt ceiling. why? let me lay it out for you. doing a shutdown, mandatory spend would go not be affected. you would still see spending. a prolonged shut down koorg to moodie's would cut economic spending in half. but you still have spending. people would get their social security checks, for example but if the debt ceiling is not raised it's a whole other story. no debt ceiling at all you the date is important here. that's the date that the u.s. will have less than $30 billion on hand and the government can't borrow money. just means just like when your bank account is empty and you can't find a source of cash, the government will stop paying their bills. interest on debt, to like china, right? maybe social security. we can't pay social security to seniors. and medicare and medicare. you got 110 million people on one of those programs and you

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Detailed text transcripts for TV channel - MSNBC - 20170720:21:04:00

Detailed text transcripts for TV channel - MSNBC - 20170720:21:04:00
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