Showdown Looms Over `Clean' Debt Ceiling Hike

Showdown Looms Over `Clean' Debt Ceiling Hike

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the ongoing negotiations around the U.S. debt ceiling, highlighting the roles of the Democrats, Republicans, and the Freedom Caucus. It explores the potential for government shutdowns and their limited impact on the economy, while noting the significant market repercussions. The discussion also covers the political challenges of passing spending bills, including contentious issues like the Mexican wall and Planned Parenthood funding. The video concludes with a debate on whether a clean bill can be achieved, considering the pressures on the GOP and the possibility of eliminating the debt ceiling altogether.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main challenge in the debt ceiling negotiations according to the first section?

The lack of public interest

The Freedom Caucus tying the debt ceiling to spending bills

The economic impact of a government shutdown

The Democrats' refusal to negotiate

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens to the economy during a government shutdown as discussed in the second section?

The stock market crashes

Public services are disrupted but the economy remains stable

Economic data is significantly affected

The economy collapses

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the market react to the debt ceiling showdown in 2013?

Yields rose significantly

Yields decreased significantly

There was no change in the market

The stock market reached an all-time high

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one proposed solution to the debt ceiling issue mentioned in the third section?

Cutting all government spending

Building a new wall

Removing the debt ceiling altogether

Increasing taxes

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What political pressure is the Freedom Caucus facing according to the third section?

Pressure to support the Democrats

Pressure to cut military spending

Pressure to increase taxes

Pressure to accept a clean bill