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 a 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, alright, what is the debt ceiling?

Because these are terms that get banny to bow.

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