In a high-stakes showdown this week, President Biden and the leaders of congress met face to face in an effort to avoid the United States defaulting on its debt for the first time in history.
Jim Tankersley, a White House correspondent for The Times, explains how close the country is to financial calamity, and the radical step Biden might take to avoid it.
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Jan 21
On the Front Line of Minnesota’s Fight With ICE
For weeks, protests around Minneapolis have caught nationwide attention as the city shows open defiance to a federal immigration crackdown.But behind the scenes, a quieter organized resistance has taken shape.Anna Foley and Michael Simon Johnson, producers for “The “Daily,” go on ... Show More
34m 22s
Jan 20
Trump 2.0: A Year of Unconstrained Power
In the 365 days since Donald J. Trump was sworn into his second term as president, he has fired, pardoned, prosecuted, tariffed, deployed, deposed, dismantled and deported his way to a new kind of American government, one designed almost entirely in his image. In the process, he ... Show More
42m 42s
May 2023
Playing chicken with the debt ceiling
<p><br></p><p><span style="background-color: transparent; color: rgb(0, 0, 0);">Congress and President Biden have five weeks to strike a deal on raising the debt ceiling, according to a new projection from the Treasury Department. Otherwise, the country will need to brace for an ... Show More
19m 29s
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