josh bolten, thanks. day and age, to support it wholeheartedly, you actually get criticism for doing it, but i think you do god's work in the private sector that's where we get the prosperity am i wrong on that, josh >> joe, you are absolutely right. thank you. >> thank you good to see you. >>> when we come back welcome allianz adviser mohamed el-erian helps us break down the economic implications of the emerging debt deal in washington. >>> in the meantime, take a look at the futures you are seeing some green arrows once again this morning. dow futures now up by close to seven points s&p futures up by about 28 the nasdaq once again the huge winner this morning. it's up by 219 points above fair yoreatinvae. u' wchg "squawk box" and this is cnbc a competitive advantage. ♪ it's raising capital to help companies change the world. ♪ opportunity is making the dream of home ownership a reality. ♪ ...and driving the world forward to a greener energy future. [applause] sometimes the only thing standing between yo

josh bolten, he was the chief of staff under george w.w leads the influential business roundtable. he put out a statement saying, securing a bipartisan path forward to raise the debt ceiling could not be more urgent. the cost of a default or even the threat of a default is simply too high. boris, i think we're going to hear more business leaders speak out the closer we get to june 1st. >> a terrible, terrible film that we've seen too many times, and one that we could see economic ramifications before we even get to the ex date. matt egan in new york, thank you so much for that. >> president biden has been projecting confidence on the economy for months, but americans do not appear to be on the same page. a new poll shows that people have serious doubts about how biden and his top economic officials are handling economic issues. nearly have say they have almost no confidence in biden and his team on the economy. let's discuss now with former chief economist for the treasury department, ben harris. good to have you uon. >> thanks for having

josh. jo jo joshua bolten. rich edson on the ron and don show that is coming.wo candidates in the first battleground states coming up. a preview from rich. >> the first is governor ron desantis. he kicks off his official campaign in des moines, iowa. donald trump will come tomorrow. plenty of developments in the republican field. we have them all coming up. ♪ it takes two to make a thing go right ♪ ♪ it takes two to make it outta sight ♪ ♪ it takes two to make a thing go right ♪ ♪ it takes two to make it outta sight ♪ ♪ one, two, get loose now ♪ ♪ it takes two to make a... ♪ ♪ it takes two to make a... ♪ ♪ it takes two to make a... ♪ ♪ it takes two to make a... ♪ ♪ it takes two to make a... ♪ ♪ it takes two to make a... ♪ stay two nights and get a $ 50 best western gift card. book now at bestwestern.com. what do we always say, son? liberty mutual customizes your car insurance... so you only pay for what you need. that's my boy. ♪ stay off the freeways! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ he snores like an angry rhino you've never