Debt Ceiling Dilemma

This chapter delves into the crucial negotiations surrounding America's $31.4 trillion debt ceiling, emphasizing the partisan divides that complicate the process. It highlights the potential global repercussions of a government default, particularly given the dollar's status as the world's reserve currency. As President Biden and Speaker McCarthy confront their factions' priorities, the chapter underscores the urgency and complexity of achieving a viable solution amidst fierce political tensions.