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Crisis Averted On The Debt Ceiling. For Now | The Big Take
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June 5, 2023
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31:00Now PlayingThe months-long fight over raising the debt ceiling is finally over. That means the threat of the US defaulting on its debts, and the resulting economic crisis, is off the table – at least for the next two years. So what happened? And how will it shape the economy, the political climate, and future debt negotiations?
Bloomberg Congressional reporter Steven Dennis () and White House reporter Jordan Fabian () join guest host Nancy Cook () to break down what the final agreement says and the impact it will have.
Read moreDebtLimit Deal Clears Congress, Ending Threat of US Default ()
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Each weekday, The Big Take brings you one story—one big, important story. Host Wes Kosova talks to Bloomberg journalists around the world, experts and the people at the center of the news to help you understand what’s happening, what it means and why it matters. Money, politics, the economy and business, energy, the environment, technology—we cover it all on The Big Take.
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