
The Daily
The Debt Ceiling Showdown, Explained
Jan 23, 2023
Jim Tankersley, a White House correspondent for The New York Times, dives deep into the rapid escalation of the U.S. national debt, now over $31 trillion. He unpacks the political tensions surrounding the debt ceiling, detailing the historical showdowns and the evolving strategies of Republicans and Democrats. From fiscal policies under various presidents to the implications of potential defaults, Tankersley presents a fascinating look at how budget decisions shaped today’s economic landscape, highlighting the urgent need for fiscal reform amidst political gridlock.
28:05
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