The (Fake) Debt Ceiling Crisis: The GOP’s Dangerous Gamble.

The debt ceiling crisis is a completely manufactured, self-inflicted wound that only the GOP sees fit to weaponize when it suits them. Forget the fact that it has been raised 78 times since 1960, 49 of which were under a Republican president—the House Republicans are determined to derail Biden’s economic gains any way they can. Today’s Topical Cream breaks down the fallacy of the debate and puts our budget in context with our debt. Visit the episode's accompanying site page. Chapters Intro: 00:00:34 Section One: 00:00:58 Section Two: 00:04:11 Section Three: 00:09:31 Outro: 00:12:30 Resources   The White House: The Debt Ceiling: An Explainer Congressional Budget Office: Federal Debt: A Primer Center on Budget and Policy Priorities: Policy Basics: Deficits, Debt, and Interest U.S. Department of the Treasury: Debt Limit ProPublica: Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the Economy for Years Investopedia: Why China Buys U.S. Debt With Treasury Bonds NPR: < China's slice of the US debt pie Center on Budget and Policy Priorities: House Republicans’ Pledge to Cut Appropriated Programs to 2022 Level Would Have Severe Effects, Particularly for Non-Defense Programs CNBC: As U.S. hits debt ceiling, here’s what it could mean for Social Security and Medicare National Committee to Preserve Social Security and Medicare: Raising The Debt Limit: Impact on Social Security and Medicare Politico: ‘Intellectually bankrupt’: Biden allies blast GOP debt-limit backup plan Center on Budget and Policy Priorities: 5 Reasons Why the House Balanced Budget Amendment Is a Bad Idea Population Reference Bureau: Aging Baby Boomers to Face Caregiving, Obesity, Inequality Challenges UNFTR Episode Resources Modern Monetary Theory. -- If you like the pod version of #UNFTR, make sure to check out the video version on YouTube where Max shows his beautiful face! www.youtube.com/@UNFTR Please leave us a rating and review on Apple Podcasts: unftr.com/rate and follow us on Facebook, Twitter and Instagram at @UNFTRpod. Visit us online at unftr.com. Join the Unf*cker-run Facebook group: facebook.com/groups/2051537518349565 Buy yourself some Unf*cking Coffee at shop.unftr.com. Subscribe to Unf*cking The Republic on Substack at unftr.substack.com to get the essays these episode are framed around sent to your inbox every week. Check out the UNFTR Pod Love playlist on Spotify: spoti.fi/3yzIlUP. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility. Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com). The show is written and hosted by Max and distributed by 99. Podcast art description: Image of the US Constitution ripped in the middle revealing white text on a blue background that says, "Unf*cking the Republic."Support the show: https://www.unftr.com/membershipsSee omnystudio.com/listener for privacy information.