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i'm going to attempt, and i probably regret this, i'm going to attempt to make sense of the current debt ceiling situation. instead of having someone come on who doesn't know what's going on, i thought i don't know what's going on, i can just guess and so, we're gonna do a little bit of that. and i will advance a theory that joe biden is doing everything right. there is a theory that i landed on it today that joe biden is doing everything right. i reserve the right to take my mind tomorrow. [laughter] >> listen, lawrence, i will put my money on you being able to not only explain this...

The debt ceiling as leverage against kevin mccarthy in the same way that kevin mccarthy thinks he's using the debt ceiling as leverage against joe biden and use that agreement to try to avoid a bunch negotiations and september in which joe biden will have much less leverage. what you have just heard is guesswork but so is everything else you have heard from everyone who has not ever been in the room in debt ceiling negotiations. i've made no attempt to talk to steve ricchetti about this and i know joe biden is not exactly available, to explain all this to me but i do know steve chevy and joe b...