Episode Details
Back to EpisodesApr. 3, 2023: Centrist Dems' secret plan for the debt ceiling
Episode 1576
Published 2 years, 11 months ago
Description
A group of House Democrats is secretly crafting a fallback plan to avoid an economy-rattling debt default.
The White House wants no part of it.
Moderate Democrats in the Problem Solvers' Caucus have spent weeks constructing a break-glass deal with centrist Republicans in case the country goes all the way to the brink on the debt ceiling. As the summertime deadline for action approaches, they’re worried a prolonged standoff could lead to fiscal disaster.
Congress editor Elana Schor talks with Playbook editor Mike DeBonis about the plan and what she's watching for.