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The US is running out of money: what happens next?

The US is running out of money: what happens next?

FromWorld Review from the New Statesman


The US is running out of money: what happens next?

FromWorld Review from the New Statesman

ratings:
Length:
26 minutes
Released:
May 4, 2023
Format:
Podcast episode

Description

Republicans in the US House of Representatives passed legislation last week that would increase the US debt ceiling only in exchange for significant spending cuts, and the repeal of some of Joe Biden’s key legislative achievements. The president has said he will not negotiate on raising the US’s borrowing limit, but there could be severe consequences if the two parties fail to reach a deal.Megan Gibson in London, Katie Stallard in Washington DC and Ido Vock in Berlin discuss the global impact a prolonged stalemate could have, and the motivations of both sides. Next, they talk about video footage released by Russia that purports to show a drone attack on the Kremlin, analysing who might be behind such an attack and what their motivations might be.Read more: Ido Vock on Putin’s “forever War”Lawrence Freedman asks what leaked Pentagon documents reveal about where the war in Ukraine is headedAdam Tooze on where Biden has gone wrong Hosted on Acast. See acast.com/privacy for more information.
Released:
May 4, 2023
Format:
Podcast episode

Titles in the series (100)

World Review is the global affairs podcast from the New Statesman, hosted by Jeremy Cliffe in Berlin and Emily Tamkin in Washington D.C. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.