Detailed text transcripts for TV channel - CNN - 20170824:13:26:00
Have enough money coming in to pay the bills. it is a very bad day. don't want this. the this is you -- you want to swipe left. but it's not good. this could be maybe early october to mid october. here's what happens if the u.s. can't raise the debt ceiling. 19.8 trillion right now. there could be a possible u.s. credit down grade. federal employees, contractors wouldn't get paid. world markets could tank here. basically, when that date happens, the u.s., about 25% of all the bills, the u.s. won't be able to pay. the treasury secretary will decide what get the paid. maybe give iou ez to seen s...