Mnuchin Says Debt Ceiling Must Be Raised by Fall

Mnuchin Says Debt Ceiling Must Be Raised by Fall

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Interactive Video

Business, Social Studies, Performing Arts

University

Hard

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The transcript discusses the management of the debt ceiling, highlighting the government's financial status and tax receipts. It emphasizes the necessity of raising the debt ceiling, with bipartisan agreement, and outlines the timing and legislative process involved. The speaker expresses confidence in managing the debt ceiling without crisis and dismisses the idea of using the 14th amendment.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker suggest the debt ceiling should be handled in terms of timing?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential actions does the speaker mention if Congress gets bogged down?

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