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Podcast: Fear and loathing in Washington: The debt ceiling

Podcast: Fear and loathing in Washington: The debt ceiling

Here we go again. Congress is facing a June 1 deadline to avoid a totally preventable “debt ceiling” crisis. If no one flinches in this dangerous game of chicken, the U.S. economy will be dragged into a cataclysm, destroying America’s global reputation and unleashing unfathomable pain for every American family.

An artifact from World War I, the debt ceiling comes back every few years to provide existential drama — the battlefield of partisan politics. It all sounds a bit insane, but it’s only the latest crisis to be spawned by our increasingly dysfunctional political system.


On this week’s episode, Fernando is joined by Washington uber-insider Maya MacGuineas, president of the Committee for a Responsible Federal Budget, to discuss her mounting fear that a “default is possible” and what we can do about it.

Also, Fernando chats with Nellie Gorbea, former Rhode Island Secretary of State, for the latest installment of the X-Ray Vision interview. In this quirky conversation, Nellie shares her dream superpower, transformative leadership vision, and why Puerto Rican rum is superior to scotch.

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What Chantal Knew

creative image of Chantal

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What Chantal Knew

In 1972, I taught at a Boston prep school where one of my students, Chantal, had been sent from Haiti by her privileged family to complete her secondary education. She was poised, serious, and ambitious. But what I remember most was her fear — and her warning.

"You Americans don't know how lucky you are," she would say, speaking in hushed tones about people who disappeared without warning under Jean-Claude "Baby Doc" Duvalier's brutal regime. She'd describe how neighbors would simply vanish. Not political activists, just ordinary people who'd said the wrong thing to the wrong person.

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Just the Facts: Canada-U.S. Tariff Update- What’s Changed Since March 2025?

US Canada tariff battle

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Just the Facts: Canada-U.S. Tariff Update- What’s Changed Since March 2025?

The Fulcrum strives to approach news stories with an open mind and skepticism, striving to present our readers with a broad spectrum of viewpoints through diligent research and critical thinking. As best we can, remove personal bias from our reporting and seek a variety of perspectives in both our news gathering and selection of opinion pieces. However, before our readers can analyze varying viewpoints, they must have the facts.

What is a tariff?

A tariff is a tax imposed by a government on imports or exports of goods, often used to protect domestic industries or respond to trade disputes.

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