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Stocks are tanking on Tuesday and ³ÉÈËXÕ¾ Radio’s Dave Ross says the fear has to do with rising treasury yields, all as the U.S. government is facing a debt ceiling vote.

Ross: Beware, politicians, of the lost cause

Dave asked Washington Post reporter David Fahrenthold: Is the government going to close and is the treasury going to default?

“You know I’m always wrong when I try to predict things,” Fahrenthold replied. “But my answer to both is no, we’re not going to do either one of those things. The Democrats have decided to do this in a way that raises the stakes but also they think will make Republicans look bad. But I think they have the tools to do both without causing many disasters.”

Fahrenthold says Congress always acts as if they whole world is watching them.

“I have covered Congress for a long time and I am constantly amazed they still do this because … they think that the whole world is watching and if they make the Republicans take this embarrassing vote that people will watch and judge them,” he said. “That never happens. These things never matter. But yet we spend a lot of time in Congress doing them.”

“Thank you. I’m reassured and I will stop worrying about it as of this moment,” Dave replied.

David Fahrenthold also provided an update Tuesday on the various lawsuits against former President Donald Trump. Listen to the full interview in the audio player above or .

Listen to Seattle’s Morning News weekday mornings from 5 – 9 a.m. on ³ÉÈËXÕ¾ Radio, 97.3 FM. Subscribe to the podcast here.