The Senate approved a short-term debt limit patch Thursday night, raising borrowing authority by $480 billion, but the compromise between Senate leaders doesn’t provide much time to reach a longer-term agreement. CQ Roll Call’s Jennifer Shutt and David Lerman take a look at the impending showdown over the debt limit.

Show Notes:

• Slow progress on budget package with deadline weeks away
• Short-term debt limit increase passes Senate, heads to House
• Democrats have a few reconciliation life hacks at their disposal
• Climate hawks reject compromise in reconciliation
• Bipartisan debt limit patch would raise borrowing cap by $480B