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Transcripts for CNN Early Start With Christine Romans and Laura Jarrett 20211208 10:34:00

detrimental toward trying to raise the debt ceiling. but the bottom line here is, christine, that the clock is ticking. democrats and republicans need to pass this bill before, of course, sdecember 15th, which i when treasury secretary janet yellen said the nation would default on its debt. christine, you know that would have an economic catastrophe which is why they need to work on this as soon as possible. so they re trying to get this through congress as soon as possible. yeah, the calendar, the calendar, very cruel here for lawmakers here as we head into the end of the year. also the house last night authorized $770 billion in pentagon funding. what can you tell us about that, daniela? reporter: this is part of the national defense authorization act, christine, which is sets the priority for the pentagon spending. it s not actually a pentagon funding bill, but it does have some funding toward several issues. it was a priority for congress to pass this at least before the end

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