Joe Biden and Republicans in Congress cannot agree on a path forward to avoid debt default even though Americans want to raise the debt ceiling without cutting spending, according to a new NPR poll.
Monday onPolitical Rewind: Secretary of State Brad Raffensperger and former Atlanta Mayor Keisha Lance Bottoms gotfeatured on a list of 500 Americans barred from Russia. During a tour of Israel, Gov. Brian Kemp met with Israeli Prime Minister Minister Netanyahu, who asked about a state bill codifying antisemitism.
In the event of a debt default, the U.S. government would then have to prioritize which of its bills it would pay, creating what Michael Toma calls "winners and losers."
Thursday on Political Rewind: President Biden is facing off with a GOP-held House over a looming debt ceiling default. Donald Trump will also appear at Georgia's Republican convention, but Gov. Brian Kemp will not.
NPR's Leila Fadel talks to Australian Ambassador to the U.S. Kevin Rudd about President Biden deciding not to meet with leaders of Australia, India and Japan because of U.S. debt ceiling negotiations.
Biden has warned that defaulting on the national debt "would devastate retirement accounts," among other things. The head of advice methodology at Vanguard wants people to remember the bigger picture.
Tuesday on Political Rewind: At least eight fake electors have received immunity in Georgia's election probe. We'll discuss where Fani Willis' investigation goes from here. Meanwhile, President Biden is meeting with leaders over the debt ceiling. Plus, how the writers' strike is affecting Georgia's film industry.
The treasury secretary warns that the U.S. could default on its debt by June 1, with disastrous economic consequences. GOP Rep. Dusty Johnson explains why Republicans insist on adding conditions.
The U.S. came dangerously close to defaulting on its debt in 2011. Jack Lew, chief of staff and then treasury secretary under President Obama, offers some advice to the current administration.
Treasury Secretary Janet Yellen warned lawmakers that unless the debt ceiling is raised soon, the federal government may not have enough money to pay its bills as early as June 1.
House Republicans narrowly passed a bill linking a debt ceiling raise to spending cuts, which Biden says he would veto. A political historian explains why he may have to make some concessions.
The House plans to vote on its debt ceiling bill this week. Rep. Dusty Johnson, R.-S.D., calls it an "opening negotiation position" as the risk of a default looms.
If Congress fails to raise the nation's $31.4 trillion debt ceiling, the U.S. government could run out of cash between July and September, or even sooner, the Congressional Budget Office said.
Wednesday on Political Rewind: The CEO of DeKalb County and Atlanta Mayor Andre Dickens announced yesterday that they had reached a deal that would begin the development of the Atlanta Police Training Center. Plus, community input is open on the proposal to mine in the Okefenokee swamp.
The U.S. is expected to hit its debt ceiling Thursday, forcing the Treasury to take "extraordinary measures" to pay off its bills. A political stalemate could lead to an unprecedented federal default.
