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.
- Podcast: Andrew Yang leaps forward - will he land? ›
- Podcast: The rise of "Fortress MAGA" ›
- Podcast: It's Donald Trump's party, again ›
- Podcast: Biden’s running & Michael Steele wants a word ›
- ‘Mistaken, misread, misquoted, mislabeled, and mis-spoken’ – what Woody Guthrie wrote about the national debt debate in Congress during the Depression - The Fulcrum ›
- Why America has a debt ceiling: 5 questions answered - The Fulcrum ›