Brookings Institute's Sheiner on Debt Limit Deal

The video discusses a bill sent to the Senate, focusing on the debt ceiling suspension until 2025, spending adjustments, and IRS funding cuts. It highlights the political landscape and potential future challenges, including economic implications and long-term fiscal issues. The deal prevents a government shutdown and includes new work requirements for benefits, with minimal economic impact expected.

What are the work requirements introduced in the deal for government benefits?

What are the potential economic implications of the spending reductions outlined in the deal?

What fundamental changes in entitlement programs or tax structure are suggested as necessary for the future?