Debt Showdown! Democrats Refuse Negotiations as Debt Ceiling is Reached | Bobby Eberle Ep. 513

The U.S. has now reached its debt ceiling of $31.4 trillion, and the Biden administration and Democrats are calling for the limit to be raised.  Republicans are willing to raise the debt limit, but are calling for corresponding spending cuts.  Who will blink first?

Treasury Secretary Janet Yellen said the department has taken "extraordinary measures" which will put off possible financial default until early June.  This gives the government time to forge a solution.  Can it be done?

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