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"the five" starts right now. >> raising the debt ceiling simply gives our country the ability to pay the bills that congress has already racked up. i want to emphasize that. the debt ceiling does not determine how much more money we can spend. it simply authorizes us to pay the bills we already have racked up. >> did you hear that? that was president obama just a few hours ago, saying at this debt ceiling wasnt going to allow us to spend more going forward. you know, theres a problem, because it...
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>> raising the debt ceiling simply gives our country the ability to pay the bills that congress has already racked up. i want to emphasize that. the debt ceiling does not determine how much more money we can spend. it simply authorizes us to pay the bills we already have racked up. >> did you hear that? that was president obama just a few hours ago, saying at this debt ceiling wasnt going to allow us to spend more going forward. you know, theres a problem, because it does. thats exactly what it ...