The Debt Ceiling: "a useful hostage if you are a cynical demagogue."

It's that time. When a Republican Congress and a Democratic president face off over an archaic procedure known as the debt ceiling. You've probably heard about it, so we decided to do a deep dive to understand what's going on in the next few weeks and months as the radical Republicans in the House hold the world's economy hostage to their demands for cutting Medicare Social Security and defense. To dig into this topic we turn to one of the sharpest voices on the intersection of economics and politics, Catherine Rampell, a syndicated columnist based at the Washington Post. She's also a economics and political commentator for CNN.Today’s Bill Press Pod is supported by The International Association of Fire Fighters. Over 300,000 members keeping us safe 24-7-365. More information at IAFF.org.2PojosOJdGS8fa8kd30kSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.