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warning over the country's debt ceiling. this is the amount of money the us government is allowed to borrow to pay for pretty much everything they do. without an agreement to increase what the federal government can borrow, it could run out of money by earlyjune. at that point the federal government might not be able to make wage, welfare and other payments. our north america business correspondent michelle fleury is live in new york for us. we have been here before but once again, a stark warning that if nothing is done, it causes huge repercussions around the world. this is because...

The words there of janet yellen. what would be more damaging, not being able to do a deal or the longer term implications of sort of the financial risk on —— fiscal responsivity, raising the debt limit once again? you responsivity, raising the debt limit once again?— once again? you are talking there about all the _ once again? you are talking there about all the kind _ once again? you are talking there about all the kind of _ once again? you are talking there about all the kind of payments . once again? you are talking there. about all the kind of payments that the us government makes, ...