Tim Scott's chances of being the Republican nominee + who is responsible for the looming debt ceiling disaster

Steve Schmidt breaks down Tim Scott’s presidential announcement speech. He discusses the possibility of the senator from South Carolina surpassing Ron DeSantis in the polls and challenging former President Donald Trump to be the Republican nominee in 2024. Later, Steve Schmidt breaks down the reports of stalled negotiations between Kevin McCarthy and President Joe Biden over increasing the debt limit. He discusses how all political parties have abandoned fiscal responsibility and why Kevin McCarthy is in over his head at the negotiating table.