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American government default on its debt? well, it would be catastrophic. and that s what secretary yellen s view is. that s theiew of outside experts of what th would cost us. millions of jobs. it will throw the global fincial system into panic and crisis. it would throw us back into a recession, reverse all the progress we have made in the last several months under president biden. if i could,i wa to review how we got to this point. republicans claim a week ago that what they wanted was a bill that would avoid a default and give important disaster aid to louisiana and elsewhere. the democrats with that exact bill on the senate and republicans responded by filibustering, saying, actually, we want you to raise the debt limit to address the fall by yourself. and today, senator schumer said, ....
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