One Thing: Should Congress Ditch the Debt Ceiling?

After weeks of intense negotiations, the Senate passed a bill late Thursday evening that will avert a first-ever US default just days ahead of the deadline. In today’s episode, we examine why neither party is particularly thrilled about the deal and why a similar standoff in 2011 could foreshadow struggles for Republicans as they try to implement spending cuts.

Guest: Tami Luhby, CNN Senior Writer

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