Name: What Is The Debt Ceiling? | January 7, 2025
Uploaded: 2025-01-07T10:59:10.000Z
Duration: 10 min
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Welcome to CNN 10, your quick 10 minutes of news where I simply tell you the what, letting you decide what to think.

Remember to submit your vocabulary words for the first hashtag your word Wednesday of 2025.

Put your unique word and definition in the comment section of my most recent post at

Coy Wyer on social, we're going to choose a winner to work into tomorrow's show with a shout out.

So put your school, city, state name in there as well.

We start first in new Orleans where us president Joe Biden and first lady Jill Biden traveled on Monday.

The Bidens visited with some families of the 14 people who were killed last week during the new year's day terror attack.

The Bidens attended an interfaith vigil with local clergy, law enforcement, and community members.

New Orleans mayor Latoya Cantrell and Louisiana governor Jeff Landry also met with the president to discuss security efforts in the city.

In times of national tragedies like this one, Americans often look to the president for reassurance.

And in modern times, the president has publicly taken on the role of consular in chief.

It's a role president Biden has become known for, shaping much of his political identity around empathy and his lifetime struggles with loss.

Other presidents too have led the nation after difficult events, like when Ronald Reagan consoled Americans after the space shuttle Challenger exploded in 1986, just after launching from the Kennedy Space Center in Cape Canaveral.

Now to a major fiscal deadline looming over the US government after the nation's debt ceiling was reinstated at the very beginning of this year.

Reminder, the debt ceiling is the limit on the amount of money the US federal government can borrow to pay its bills.

And those bills will be coming due pretty soon, around mid-January.

When the US hits the debt limit, it can't borrow anymore.

That's when the Treasury Department will have to start taking extraordinary measures to prevent a default, and those funds can last a few months.

This has ramped up tensions between GOP lawmakers and president-elect Donald Trump, who is demanding

Congress deals with the limit before he takes office on January 20th.

CNN's Vanessa Yurkovich breaks down the details of the debt limit, showing us why it's become such a politically charged topic.

Well, I think President Trump and I are in agreement that I don't even know why we continue to have the debt limit drama.

You mean just say we don't have a debt limit?

So what is it and why is it so contentious?

The debt ceiling is the legal limit set by Congress on how much money America can borrow.

Because the US spends more than it takes in, it borrows to make up the difference.

So every once in a while, Congress needs to raise the limit.

If it doesn't, the Treasury Department won't be able to pay all the country's bills in full and on time.

Now, the Treasury does have a little wiggle room before it gets to that point, what it calls extraordinary measures to move money around.

But eventually the accounting tricks run out and there's no more avoiding the debt ceiling.

That's usually when the fireworks break out.

I want you all to remember that it was just last spring that the same Democrats berated

Republicans and said that it was irresponsible to hold the debt limit, the debt ceiling hostage.

The problem here is that they're asking only to get rid of the debt ceiling for a short period of time to allow them to do a massive new tax cut for billionaires and millionaires.

There are some Republicans who've never voted to raise the debt limit and never will.

Now, many say raising the debt ceiling is just a license to spend more money and grow the debt.

Raising the debt ceiling just lets Treasury pay the bills America already owes.

And obviously we have to pay our debts just as every American has to pay down their credit card.

If Congress really wants to clamp down on debt, it has to do it a lot earlier, like before passing spending bills or tax cuts, both of which can add to deficits.

Failing to raise the debt ceiling won't keep a lid on debt.

It just risks the U.S. defaulting on its obligations, something that could forever stain America's global reputation.

Edithology is the study of what natural material and how it affects plants, other organisms, and its use by people for agricultural needs.

The scientists who study soil health for growing plants are called etiphologists.

Have you heard about this AI technology that just might become a game changer for farmers as they look to tackle one of their biggest problems, weeds?

With farms looking to replace toxic herbicides with sustainable practices, one company has developed a Star Wars-like machine that zaps weeds with lasers like an Imperial Stormtrooper.

They say it's eco-friendly, but with laser blasters costing upwards of a million dollars, how many already struggling farmers could actually use this force to help them turn a profit?

He grows onions in California, and one of the worst enemies on his farm are weeds.

They're sucking up the same fertilizer that the onions are using, and if they get out of control, sometimes if it does happen, you can lose a field to weeds.

And the days of spraying herbicides as a form of weed control could be numbered.

In the long run, you're going to get a bunch of weeds that you can't even spray because they've become resistant to the chemical tools that we have available.

Enter the Laser Weeder, designed by the company Carbon Robotics.

The company says the Laser Weeder can kill up to 200,000 weeds per hour.

It does it in an automated and chemical-free way by zapping the weeds with photon lasers equipped with tracking cameras.

What we're doing is finding and targeting the thing called the meristem, and what happens is it rips apart the cell walls of the plant starting in the meristem.

Once you destroy those cell walls and all that stuff leaks all over the place, the plant is not able to grow anymore.

The patented Vision Recognition software identifies what's a weed and what's not, and targets the weeds with sub-millimeter accuracy.

Because it's powered by AI, the Laser Weeder is constantly learning how to improve.

All of these machines are uploading images from all over the world, and then we're training new AIs and redeploying them to all those machines.

And because the fields aren't being sprayed with as many chemicals, the soil becomes healthier, which could help farmers grow those bigger and tastier vegetables we all crave.

Sustainable farming is the direction that we have to go to get better crops.

Every little piece of technology that we use to make the crop better benefits the consumer.

Today's story, getting a 10 out of 10, a boat for a buck.

But before you celebrate thinking you can snag this steal of a deal, check the fine print.

The boat is stuck on a beach, and getting it back in the water will cost a pretty penny.

CNN's Jeremy Roth shows us how one captain found his sailboat in low tide and is now feeling the peer pressure to get it sold.

That's more or less the deal in Florida from a sailboat captain whose vessel ran aground in New Smyrna Beach.

Following an attempted voyage cut short by rough surf, Captain Alan Askar's boat is now marooned and needs to be removed within 30 days.

So he posted on Craigslist offering the vessel for just $1 to anyone willing to remove it.

I have to talk to my wife to see if we're in the market for a sailboat.

But before interested parties start counting their pennies, Askar says there is a costly catch to this seemingly too-good-to-be-true deal.

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What Is The Debt Ceiling? | January 7, 2025

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