president biden about to speak about the debt ceiling. let's listen in. >> what we need today to raise the debt limit and why the republicans in congress -- what they're doing today is so reckless and dangerous in my view. raising the debt limit comes down to paying what we already owe. what has already been acquired. not anything new. it starts with a simple truth -- the united states is a nation that pays its bills and always has from its inception. we have never defaulted. what we pay for is for it to keep us a great nation. social security benefits for seniors. salaries for brave service members and benefits for veterans and other financial obligations for our people and for our nation. we're able to meet these obligations based on the revenue we receive from taxes and based on our ability to borrow when