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Situation we're in, where we're running up to this deadline to raise the debt ceiling, a potential default. everyone knows it's going to happen but how it's going to happen still a question at this point. >> manu raju for us on capitol hill, thanks so much. let's go to the live pictures of president biden just outside chicago. in a few minutes he's expected to deliver some formal remarks about the importance of vaccine mandates. we know that according to a white house report, these mandates have cut the number of unvaccinated americans by a third from 95 million down to 67 million, the presi...

And mcconnell in the previous administration and yet despite the fact the debt ceiling has been raised 80 times in the past 60 years, in many cases bibi partisan cooperation while democrats have consistently tried to get republicans to go along, they haven't done so. so, sure, we're glad to see this respite in terms of this republican-driven potential default, but it shouldn't have even got on the this point. >> and you're up against a wall again in two months. do you worry you're playing into a mitch mcconnell chess match here? you've been around washington a long time. >> yeah, look. first o...

Could potentially lead to first ever debt default in american history. both sides certainly don't want to be blamed for that. mcconnell now taking steps amid the standoff with democrats over the process for raising the debt limit and i'm told clearly he c conveyed that he's concerned there's immense pressure on manchin and sinema, the democratic is that rights who have refused to gut the rules. it requires 60 votes in the u.s. senate. most democrats want to lower that to 51. that would allow them to advance a debt ceiling increase by just democratic votes alone. now manchin and sinema held bac...

The 2020 recession, which many countries are still going through, now has an “official” name: the Great Lockdown. In economic terms, the public sector’s response in practically all countries has been very swift and bold (which is not necessarily a good thing).1 This has caused the global public debt to skyrocket as never before. As a result, now more than ever, it is necessary to emphasize the dangers of public debt. In this article, we will highlight the contrasts between this recession and the previous one (the Great Recession of 2007) to analyze the public-debt problem the world i...

The 2020 recession, which many countries are still going through, now has an “official” name: the Great Lockdown.