To the Point
The President, Republicans and the Debt Ceiling
To explain the debt ceiling dispute, the President today used a homely metaphor: eating out at a restaurant and not paying the bill… He accused Republicans of “playing chicken with the full faith and credit of the United States” and threatening to shut down the government. We explain the “debt ceiling” debate and its economic and political…
By Warren Olney • • 1 min readTo explain the debt ceiling dispute, the President today used a homely metaphor: eating out at a restaurant and not paying the bill… He accused Republicans of “playing chicken with the full faith and credit of the United States” and threatening to shut down the government. We explain the “debt ceiling” debate and its economic and political impacts.
