The Economist (May 11, 2023) – As America’s government hits the debt ceiling, US politics has become a multi-trillion dollar game of chicken. If neither side backs down, America could default on its debts for the first time in history, sparking global economic turmoil. What is the debt ceiling, and how can this crisis be resolved?
Tag Archives: Debt Ceiling
Politics: Biden’s Classified Documents, Debt Ceiling
New York Times columnist David Brooks and Washington Post associate editor Jonathan Capehart join Geoff Bennett to discuss the week in politics, including the latest on President Biden’s classified documents investigation and the debt ceiling debate in Congress.