US Rep. Wasserman Schultz on Debt Limit Deal

The transcript discusses the debt ceiling crisis, highlighting the political standoff between Republicans and Democrats. It covers the potential economic impact, including a deeper recession, and the political implications for President Biden's reelection. The discussion also touches on fiscal management, tax policy, and the legislative process, emphasizing the challenges of achieving bipartisan compromise in a divided political environment.

What contrasting approaches did the Democrats and Republicans take regarding the debt ceiling?

What factors contribute to the rising US debt to GDP ratio?

What are the implications of the tax cuts from the Trump administration on current fiscal policies?