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Debt ceiling showdown approaches 11th hour

Capital Ideas Podcast

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Introduction

This week on Capitol Ideas, we'll hear from political economist Matt Miller and fixed income portfolio measure Tom Hollenburn. The debate over raising the nation's debt limit has been brewing for months but could come to a head as soon as June 1. We've seen several showdowns like this in the past; some of them got quite ugly. Could it get that bad again? And what are the chances the U.S. could ultimately default on its debt?

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