House Republicans are refusing to raise the US debt ceiling without huge concessions. Vox’s Dylan Matthews explains why we have a debt ceiling to begin with (and how President Biden could bypass it).
This episode was produced by Miles Bryan, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Paul Robert Mounsey, and hosted by Sean Rameswar ... Show More
May 2023
On the Debt Ceiling, the White House Is Doing What It Said It Wouldn't Do
In 2011, then-Vice President Biden had a front row seat to a bruising debt ceiling standoff between President Barack Obama and House Speaker John Boehner. That fight arguably derailed the Obama presidency and the nascent economic recovery. After that experience, Biden and his tea ... Show More
43m 49s