The last time the U.S. faced a major showdown over the debt ceiling was a decade ago. Much like today, House Republicans insisted on spending cuts before they would vote to raise the amount of money the government could borrow. Then-President Obama and now-President Biden said they would not negotiate. Who will blink first?
This episode’s guest is fixed income specialist and economist, Chris Low of FHN Financial.



















State Sen. Rebecca Saldaña, center, stands with members of the Washington State Domestic Workers Coalition at the state Capitol on Feb. 28, 2026. The Domestic Workers Bill of Rights passed in the House that day, before being signed into law in March. (Photo courtesy of Casa Latina)



