Skip to content

Debt limit deal explained

CQ Budget, Episode No. 281

Speaker of the House Kevin McCarthy, R-Calif., must beat back opposition to a bipartisan debt limit deal from his party's right flank. (Bill Clark/CQ Roll Call)
Speaker of the House Kevin McCarthy, R-Calif., must beat back opposition to a bipartisan debt limit deal from his party's right flank. (Bill Clark/CQ Roll Call) (Bill Clark)

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:

Recent Stories

Capitol Lens | Show chopper

After a ‘rough’ start, Sen. Fetterman opens up about his mental health journey

Supreme Court enters crunch time for term loaded with big issues

Biden shifts from defending his record to warning about Trump

As heat waves intensify, so does criticism of government support

Supreme Court tees up case on state youth transgender care ban