Obama, Republicans, Democrats, Speaker Boehner - The Solution to the 2011 Crisis

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The 2011 crisis was the closest we ever came to the brink. Speaker Boehner seized his moment in the spotlight tonight to sum up the GOP approach with a pithy statement he later tweeted. The solution to this crisis is not complicated. If you're spending more money than you're taking in, you need to spend less of it.

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 Rameswaram.

Transcript at vox.com/todayexplained

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