Evergrande Misses Interest Payments // Debt Ceiling Debate // Alicia Munnell of Boston College - 9/24 (Hour 1)

(4:00) - The Evergrande story continues with the Chinese real estate giant missing $83 million worth of interest payments that were due on Thursday. The large sum of interest payments is just a small part of Evergrande's $300 billion of outstanding debt.(13:26) - Congress is scrambling to figure out a solution to the debt ceiling, which has been raised numerous times over the years. What is the point of this debt limit if it continues to be moved?(27:28) - The White House released a report yesterday that estimated the 400 wealthiest households in America paid a tax rate of 8.2% between 2010 and 2018. (32:07) - Alicia Munnell, Director of The Center for Retirement Research at Boston College, joined the show today to discuss her study on long-term care for retirees.