Debt limit deal explained
CQ Budget, Episode No. 281
The bipartisan deal to suspend the debt limit until 2025 is more complicated than advertised, with side deals constructed to let both parties describe the measure to their own advantage. CQ Roll Call’s David Lerman, Paul M. Krawzak and Aidan Quigley explain the deal and its prospects for passage in the House and Senate.
Show Notes:
- Bipartisan debt limit package unveiled as clock ticks toward ‘x date’
- Yellen: Treasury to have ‘insufficient resources’ by June 5
- Bipartisan deal reached to raise debt limit, cap appropriations
