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Chinese spy balloon, Omar ouster tensions, deep freeze forecast

CNN This Morning

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Is the Debt Ceiling Really a Good Idea?

Mackenzie: The debt ceiling is sort of like the nation's credit card bill, right? Mackenzie: Imagine 350 million people defaulting on their credit card bill at the same time. He says Republicans are using it for leverage with the Biden White House trying to exact concessions of an undetermined nature. Mackenzie: We're one of only two countries in the world that even have this sort of bizarre Debt Ceiling.

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