mr. bixby, those of the statements paid by -- made by the minority leader of the senate. how do you respond? guest: a flaw in the argument is the bills the government needs to pay now, the reason to raise the debt limit, has nothing to do with the democrats' spending proposals in the future. it's about past bills that have a key under both administrations -- administrations of both parties. we would have to raise the debt limit no matter who was in charge. if mitch mcconnell was president, we would have to raise the limit. he would be asking the democrats to help him do it. treasury secretaries of both parties realized the alternative to raising the debt limit is defaulting on u.s. government obligations, which would be not only irresponsible but hugely damaging to the nation's credit worthiness. again, i would agree with anybody who says we have a debt problem. that is one of the central premises of the concord coalition. we have debt on an unsustainable track. what i'm arguing is that the way

mr. bixbyose of the statements paid by -- made by the minority leader of the senate. how do you respond? guest: a flaw in the argument is the bills the government needs to pay now, the reason to raise the debt limit, has nothing to do with the democrats' spending proposals in the future. it's about past bills that have a key under both administrations -- administrations of both parties. we would have to raise the debt limit no matter who was in charge. if mitch mcconnell was president, we would have to raise the limit. he would be asking the democrats to help him do it. treasury secretaries of both parties realized the alternative to raising the debt limit is defaulting on u.s. government obligations, which would be not only irresponsible but hugely damaging to the nation's credit worthiness. again, i would agree with anybody who says we have a debt problem. that is one of the central premises of the concord coalition. we have debt on an unsustainable track. what i'm arguing is that the way to