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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Jun 12
1979: How the U.S. and Iran Went From Allies to Enemies
At the heart of the current U.S. war against Iran is an inconvenient truth: that the United States is, in many ways, responsible for creating the very regime it now seeks to topple. Today, Scott Anderson, a New York Times Magazine contributor, tells the story of America’s outsize ... Show More
49m 32s
Jun 11
The Young Economic Populists Reshaping the Left
College graduates used to lean right politically, but over the past few decades, they have increasingly moved to the left. Today, Noam Scheiber, the author of “Mutiny: The Rise and Revolt of the College-Educated Working Class,” explains the economic forces that have left many col ... Show More
37m 25s
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