Reconsideration of doing away with the debt ceiling?

In this report, we cover the key points from the video “Reconsideration of doing away with the debt ceiling?.” Watch the full video above for complete coverage and context.

#shorts On 5/30/2023, a reporter asked Biden Budget Director Shalanda Young, “Just one more. Given that this process brought the U.S. to the brink, and this process isn’t quite over yet, has there been any reconsideration of doing away with the debt ceiling at some point? Is there — you know, late at night when you had no laundry or at other times, where is the administration’s thinking on the usefulness of having a debt ceiling?

MS. YOUNG: … And not only avoid default for a little while — until 2025, which is what this bill does. And it does give us some breathing room not to enter into these chaotic circumstances

other clips of this published longer video is here: <a href=“https://youtu.be/ptkd7MzRKCg\” rel=“nofollow”>https://youtu.be/ptkd7MzRKCg

Reconsideration of doing away with the debt ceiling?

Key Points

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#shorts On 5/30/2023, a reporter asked Biden Budget Director Shalanda Young, “Just one more

• Given that this process brought the U
• to the brink, and this process isn’t quite over yet, has there been any reconsideration of doing away with the debt ceiling at some point
• Is there — you know, late at night when you had no laundry or at other times, where is the administration’s thinking on the usefulness of having a debt ceiling