Is Kevin McCarthy Holding Up the Debt Ceiling?

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The Republican Party in general has become less focused on cutting spending. But there's still a faction within the party that cares about that a great deal. The broad mainstream of the party is sympathetic to the idea that the federal government is spending too much and that we should do something about that.

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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