The politics of the debt ceiling debate in Congress

On January 19, U.S. Treasury Secretary Janet Yellen informed Congress that the department would implement “extraordinary measures” to allow the federal government to meet its obligations after reaching the debt ceiling. David Dollar speaks with Molly Reynolds, a senior fellow in Governance Studies, about the politics of the debt ceiling debate in Congress, including what leverage far right Republicans may have gained during the Speaker of the House election process, and what a possible bi-partisan budget deal could look like. Show notes and transcript: https://brook.gs/3iRdMYa  Dollar & Sense is part of the Brookings Podcast Network. Learn more at brookings.edu/podcasts, and send feedback to podcasts@brookings.edu.