Explaining the Debt Ceiling Deadline

Steve Lance
By Steve Lance
January 18, 2023Capitol Report
share

President Joe Biden recently asked House Speaker Kevin McCarthy (R-Calif.) to increase the nation’s debt ceiling without any conditions, but McCarthy rejected his request. With the deadline less than 24 hours away, NTD spoke to Rachel Snyderman, a senior associate director of business and economic policy for the Bipartisan Policy Center, to find out what’s at stake.