Evening Edition: Both Sides Dug In On Debt Limit Demands

Both President Biden and Speaker McCarthy still seem very apart on agreeing to raise the debt limit but what really happens if the United States hits the debt ceiling? Some negative possibilities are: the Treasury can’t pay its bills, markets could decline rapidly and retirement funds wouldn’t reach millions of Americans. FOX’s Eben Brown spoke with Chad Pergram, FOX News’ Senior Congressional Correspondent, about where we stand and what consequences could the country face if the U.S. hits the debt ceiling.