President Joe Biden and House Speaker Kevin McCarthy reached a final agreement Sunday on a deal to raise the nation's debt ceiling while trying to ensure enough Republican and Democratic votes to pass the measure in the coming week.
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President Joe Biden and House Speaker Kevin McCarthy reached a final agreement Sunday on a deal to raise the nation's debt ceiling while trying to ensure enough Republican and Democratic votes to pass the measure in the coming week.

Credit: AP Photo / Manuel Balce Ceneta, J. Scott Applewhite

The panel 

Anthony Michael Kreis, professor of law, Georgia State University, @AnthonyMKreis

Fred Smith, professor of constitutional law, Emory University, @fredosmithjr

Jeff Graham, executive director, Georgia Equality, @JeffGrahamAtl

Tamar Hallerman, senior reporter, The Atlanta Journal-Constitution, @TamarHallerman

 

The breakdown:

1. Lawmakers will vote this week on a deal to raise the debt ceiling.

  • The current debt ceiling maxes out at $31.4 trillion.
  • This afternoon when the House Rules Committee is scheduled to consider the package and vote on sending it to the full House for a vote expected tomorrow.
  • Overall, the package is a tradeoff that would impose some spending reductions for the next two years along with a suspension of the debt limit into January 2025.
    • That would push the volatile political issue past the next presidential election.

LISTEN: Tamar Hallerman explains the conflict behind the debt ceiling negotiations.

2. As Pride Month approaches, several anti-LGBTQ bills have been passed this year.

LISTEN: Jeff Graham speaks on the politicization the LGBTQ community.

3. The U.S. Supreme Court session comes to an end in June. 

  • The Supreme Court issued a huge blow to the Environmental Protection Agency last week.
  • The term for the court ends in June and they have yet to issue several important rulings on affirmative action, anti-discrimination and student debt loan relief. 

LISTEN: Anthony Michael Kreis on the important rulings to come from the Supreme Court.

Wednesday on Political Rewind: The AJC's Greg Bluestein joins the panel.