What Next - Debt Ceiling Dinner Theater
Treasury Secretary Janet Yellen announced that June 1 is the “drop dead date” by which the American government has to either raise the debt ceiling or run out of money to pay its obligations. Can President Joe Biden and House Speaker Kevin McCarthy come to an agreement that will mollify their bases and keep the government working? And why does it feel like we have to go through this ritual every couple of years?
Guest: Jordan Weissmann, Washington editor at Semafor.
If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get benefits like zero ads on any Slate…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.