12 May 2023
25m

Biden’s Radical Option to End the Debt Fight

Podcast cover

The Daily

This podcast episode focuses on the current debt limit dilemma and the ongoing negotiations between President Biden and congressional leaders. Biden opposes cuts in federal spending demanded by Republicans, while Republicans view his stance as unreasonable. With little progress made despite urgency, Biden considers options to break the deadlock. One option is a deal with Speaker McCarthy, while another is bypassing McCarthy by negotiating a deal with enough Republican votes to join Democrats in raising the debt limit.

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