U.S. Nears Borrowing Limit, Setting Off Debt Ceiling Debate

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 19 January 2023

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Jan. 19. Congress has about five months to raise or suspend the debt ceiling, now that the U.S. is bumping up against its borrowing limit. But it won’t be easy coming to an agreement in a divided Congress. Congressional reporter Natalie Andrews joins host Annmarie Fertoli to discuss. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:24.0	The US is bumping up against its borrowing limit, setting off a debate over the nation's debt ceiling.
0:29.0	It could be a national or international crisis if the US defaults on its debt.
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0:55.0	It's Thursday, January 19th. I'm Anne Marie for Tolly for the Wall Street Journal.
0:59.0	This is the PM edition of What's News that op headlines and business stories that moved the world today.
1:13.0	After a month's long investigation, the Supreme Court said today that it has not identified who leaked a draft opinion to overturn Roe v Wade.
1:21.0	The statement was the Court's first public comment on the matter since Chief Justice John Roberts announced the investigation in May after the draft opinion was published by Politico.
1:30.0	The report signals that the investigation has largely ended.
1:34.0	Western leaders are set to gather in Germany tomorrow for a discussion about military aid to Ukraine.
1:39.0	But a dispute over whether Berlin should allow its allies to supply Kiev with German-made tanks is casting a shadow over the talks.
1:46.0	Our senior reporter Drew Hinchaw explains.
1:49.0	The tanks that Poland and Finland and some other countries want to give Ukraine are called leper-2 tanks.
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1:57.0	And right now, no country is really ready to give Ukraine enough of these to make a huge difference in the war.
2:03.0	We're only talking a dozen here, a dozen there.
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2:17.0	even if it risks some sort of reaction or escalation from Russia.
	...

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