Main content

US debt ceiling: Will the deadlock finally break?

There are 10 days to go until the US either increases the government's self-imposed borrowing limit or it triggers an unprecedented default.

US President Joe Biden and top congressional Republican Kevin McCarthy have been in talks over raising the U.S. federal government's $31.4 trillion debt ceiling. Kasia Madera speaks to Professor in Economics at Northeastern University, Nancy Kimelman.

(Picture: US President Joe Biden speaks to the press after meeting with US Speaker of the House Kevin McCarthy, House Minority Leader Hakeem Jeffries, Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell at the White House in Washington, DC, on May 9, 2023. Picture Credit: Getty Images).

Available now

27 minutes

Last on

Mon 22 May 2023 22:32GMT
主播大秀 World Service except Europe and the Middle East

More episodes

Previous

Meta fined $1.3bn by the EU

Next

Sudan's Ceasefire economy

See all episodes from World Business Report

Broadcasts

  • Mon 22 May 2023 21:32GMT
    主播大秀 World Service Europe and the Middle East & 主播大秀 Afghan Radio
  • Mon 22 May 2023 22:32GMT
    主播大秀 World Service except Europe and the Middle East