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hello, everyone. at this hour, president biden heading back to the white house to face more questions over still more classified documents found at his home. plus, it is raining again right now in california. the relentless storms are causing widespread destruction. we ll take you there. we re also going to speak to the lieutenant governor about the situation. and the search for survivors amid the rubble of a bombed out apartment complex in ukraine. now one of the deadliest strikes on civilians there since the start of the war. this is what we re watching at this hour. thank you for being here, everyone. i m kate bolduan. we re keeping an eye on the white house because president biden is returning to the oval office to get back to work and he finds himself under fire once again over handling of classified documents and the conflicting explanations that have been coming out from his team. over the weekend, the white house revealed five additional pages of classif ....
We can t just issue debt as a personal family to continue to spend. but the u.s. government can. and essentially congress a century ago put a limit on where that debt ceiling could be to keep congress in line with spending and taxing and fostering an economy that grows quickly. but what has happened is they don t have that spending restraint or that tax cutting restraint and, in fact, you have a debt ceiling that goes up. $31 trillion is what it is right now. and essentially if you don t raise it, then you re talking about social security and medicare benefits and military salaries, interest on the national debt and there isn t enough money coming in to pay all of those things and you have to start to juggle. it won t be until june when there is a real crisis. so they ve got some time to work this out. but the early indications are there is another showdown. but if it is a real crisis even before it gets to crisis mode. it is a extraordinary ....