On the Debt Ceiling, the White House Is Doing What It Said It Wouldn't Do
Odd Lots24 Touko 2023

On the Debt Ceiling, the White House Is Doing What It Said It Wouldn't Do

In 2011, then-Vice President Biden had a front row seat to a bruising debt ceiling standoff between President Barack Obama and House Speaker John Boehner. That fight arguably derailed the Obama presidency and the nascent economic recovery. After that experience, Biden and his team had insisted that this time they would not negotiate over a debt ceiling increase. Yet here we are, and the current administration is doing exactly that. According to the Treasury Department, we're just days away from the so called "X-date" (when a US default would occur) and both the White House and new House Speaker Kevin McCarthy have been debating what conditions a hike in the debt ceiling should come with. So how did they get into this situation? And what were the other options? On this episode we speak with Skanda Amarnath, executive director of Employ America, and Arnab Datta, senior counsel of Employ America, about the current state of play and how it might have been avoided.

See omnystudio.com/listener for privacy information.

Jaksot(1185)

Ray Wang on How AI Is Causing DRAM Prices to Surge

Ray Wang on How AI Is Causing DRAM Prices to Surge

For years, DRAM -- or Dynamic Random Access Memory -- was kind of a sleepy, commoditized aspect of chip industry. Growth was steady, but modest, and prices just generally drifted lower. Suddenly all t...

16 Helmi 45min

The Sixth Bureau, Episode 1: Your Friend From Nanjing

The Sixth Bureau, Episode 1: Your Friend From Nanjing

It’s an open secret that the Chinese government has engaged in a global campaign to acquire intellectual property from foreign rivals. At the center of that campaign is the Ministry of State Security,...

15 Helmi 12min

Why Adam Posen Thinks Inflation Will Surge Back to 4%

Why Adam Posen Thinks Inflation Will Surge Back to 4%

The future is always tough to predict, but generally when it comes to inflation, a lot of the debate is about how long it will take the Federal Reserve to get back to its 2% target. In other words, pe...

13 Helmi 56min

New CFTC Chairman Michael Selig on How to Regulate Prediction Markets

New CFTC Chairman Michael Selig on How to Regulate Prediction Markets

We are rapidly entering a world in which there are odds on virtually everything. During the recent Super Bowl, the big prediction market platforms didn't just offer bets on the game itself, but also o...

12 Helmi 49min

Ricardo Hausmann Explains How the Venezuelan Economy Collapsed

Ricardo Hausmann Explains How the Venezuelan Economy Collapsed

Ricardo Hausmann is a professor at the Harvard Kennedy School and the director of Harvard's Growth Lab. We've talked to him multiple times in the past about the necessary preconditions for economies t...

9 Helmi 49min

Evolving Money: The Tokenization Tipping Point (Sponsored Content)

Evolving Money: The Tokenization Tipping Point (Sponsored Content)

In less than three years, the amount of tokenized real-world assets has grown eightfold, to more than $30 billion across equities, fixed income, private assets, real estate and more. And that’s just t...

8 Helmi 22min

Lots More With Charlie McElligott on This Week's SaaSpocalypse

Lots More With Charlie McElligott on This Week's SaaSpocalypse

This week has been a pretty wild one in markets. Some of the most popular trades of recent years — like going long software, crypto, or gold — suddenly collapsed. Of course, there are plenty of things...

6 Helmi 33min

How a Former Fed Vice-Chair Is thinking About the Next Fed Chair

How a Former Fed Vice-Chair Is thinking About the Next Fed Chair

The nomination of Kevin Warsh to be the next chair of the Federal Reserve obviously has big implications for markets. But it also comes with some interesting sociological questions too. What role does...

6 Helmi 50min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
rss-rahamania
rss-sisalto-kuntoon
ostan-asuntoja-podcast
rss-lahtijat
hyva-paha-johtaminen
rss-startup-ministerio
rss-sami-miettinen-neuvottelija
rss-seuraava-potilas
lakicast
herrasmieshakkerit
leadcast
rahapuhetta
rss-porssipuhetta
rss-rentotapaus
rss-tyoelamasta-podcast
rss-viisas-raha-podi