Explaining the Debt Ceiling Deadline

Steve Lance
By Steve Lance
January 18, 2023Capitol Report

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.

ntd newsletter icon
Sign up for NTD Daily
What you need to know, summarized in one email.
Stay informed with accurate news you can trust.
By registering for the newsletter, you agree to the Privacy Policy.