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Viewsroom

Debt ceiling crash will have few victims

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 25 May 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

President Joe Biden is trying to hammer out a deal with Republican lawmakers to ensure the United States can keep its lights on. In this Viewsroom podcast, Breakingviews columnists explain how even if the world’s largest economy defaults on its debts the damage will be limited. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:07.0

But it knows nothing about your work. Slackbot is different. It doesn't just know the facts. It knows your schedule.

0:15.0

It can turn a brainstorm into a brief and it doesn't need to be taught.

0:20.0

Because Slackbot isn't just another AI.

0:23.3

It's AI that knows your work as well as you do.

0:26.4

Visit Slack.com forward slash meet Slackbot to learn more.

0:30.3

The views expressed on this podcast are those of the participants, not of Rogers News.

0:38.2

So we just get back for the White House.

0:40.1

I thought the meeting was productive.

0:43.2

I thought it was more productive than the other meetings.

0:45.6

But we still have differences.

0:47.7

That was Kevin McCarthy, U.S. House Speaker,

0:51.2

sounding a note of optimism amid bitter negotiations with U.S. President Biden over

0:56.8

raising the death ceiling. The showdown and what it means for the rest of the world is the focus

1:02.1

of this week's Views Room. Welcome back to the Viewsroom, a podcast from Reuters breaking

1:09.0

views for columnists from around the world talk about the big stories of the week.

1:12.6

I'm your host, Amy Donnellon.

1:14.6

The U.S. is edging dangerously close to defaulting on its debts.

1:22.6

In just a week, the world's largest economy could run out of money unless Republicans and Democrats can

1:28.5

come to a compromise on borrowing and spending. Here to talk to me about this tense and fascinating

1:34.6

situation is Ben Wink, our U.S. economics guru who is based in Washington, D.C. Ben, you are very welcome to the views room.

1:52.3

Thank you so much for having me, Amy.

...

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