Welcome, it is verdict with Senator Ted Cruz, Ben Ferguson with you, and we have got a very important show.

First, we're going to deal with the debt ceiling.

Then we're going to deal with what Barack Obama said back in 2011 about the 14th Amendment that everyone seems to be really excited about right now in Washington.

And also, Bud Light, could they be in trouble for marketing themselves,

potentially to children?

We're going to deal with all of that,

plus the passing of a great Republican leader

who passed away today will tell you about his story in life as well.

But, Senator, let's first start with this debt ceiling. The debt ceiling issue

is confusing to many. And there's a lot of Americans that say, I just want to know what's going

to happen, where we're going to be, what happens if we default, and is that a real possibility?

Because we've seen this circus happen quite a few times.

You've been in Washington when this circus comes to town and leaves. And it's also used as political

leverage many times by the party that's in power in the White House. So where are we on the

debt ceiling before we get to the 14th Amendment? Well, right now we're in a showdown, and we're in a showdown between

Joe Biden and Republicans, in particular House Republicans who've passed a bill to raise the debt

ceiling, but they put meaningful spending cuts as an attachment to the debt ceiling, and Joe Biden and

the Democrats don't want to have any spending cuts. You know, it's worth stepping back

and saying, all right, what is the debt ceiling? Because these are terms that get bannied about.

We usually hear about them once or twice a year. And the death ceiling is a cap on how much money

the federal government can borrow. And Congress passes it periodically, and then because we keep seeing

budgets that are deficit spending, the debt grows and grows and grows. And when it hits the death

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