Democrats Scrambling For Options To Avert U.S. First Debt Default

Erin Burnett OutFront

CNN

News

4.4 • 706 Ratings

🗓️ 6 October 2021

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

Democrats scrambling for options to avert United States first debt default; Talk grows of nuclear option that allows a simple majority; Biden: "Not many options" if GOP is "Gonna be that irresponsible; Sec chair warns of "Significant volatility" if United States defaults; Biden tries to sell stalled agenda as democrats draw red lines; To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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1:01.5	Out front next, Democrats scrambling for more options on raising the debt ceiling as the deadline to avoid.
1:07.5	America's first ever default looms large.
1:09.4	The SEC Chairman tonight warns of massive volatility
1:12.1	in the markets and says the U.S. is on uncharted water. Plus Gabby Petito's family speaking out
1:17.5	and saying, quote, someone needs to start talking to help solve the mystery of Gabby's death.
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1:26.7	at the age of 90. It's
1:28.5	Go Off Front. And good evening. I'm Erin Burnett. Out front tonight, going nuclear, faced with the
1:35.6	real possibility that America will default on its debt for the first time in U.S. history. CNN is learning
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