Welcome to today's edition of the Clay Travis and Bucks Xton Show Podcast.

Our three of Clay and Bucks is going right now and we have hit it.

The debt ceiling. We are there, my friends.

31.4 trillion dollars. That is the statutory limit.

The United States government has hit the statutory limit.

Like the Titanic running into an iceberg just kidding. It's all going to be fine everybody.

They're going to try to freak you out about this. Look, the debt isn't all going to be fine

and so far as this is a big problem. But the oh my gosh, the government's not going to pay its bills.

It's going to pay its bills. I mean, here's how CNN describes it.

Forcing the Treasury Department to take extraordinary measures to keep the government paying its bills,

escalating pressure on Capitol Hill to avoid a catastrophic default.

The battle lines for the high stakes fight have already been set.

Hard line Republicans. Sounds scary Clay.

Who have enormous sway in the House because of the party's majority have demanded that lifting

the barricap be tied to spending reductions. Doesn't that seem... I mean, let's just again,

let's put on our reasonable guy in Galhats for a moment.

We have run up a $31 trillion debt. If somebody wants to claim that it doesn't matter,

cue Paul Krugman with some column. He's like, it doesn't matter. We can just work

our money from ourselves. Paul Krugman, perhaps the most consistently wrong Nobel laureate,

I can think of in history. I mean, the guy is wrong about everything all the time.

If Paul Krugman says, buy, you should sell. That's the way it works.

Here we are 31 trillion. If it's no big deal, why not 50 trillion?

...