Description

This podcast covers the following:

1. An explanation of the debt ceiling
2. A discussion of the legislation which passed the House ("Limit, Save, and Grow Act") as well as the compromise deal between President Biden and Speaker McCarthy
3. A description of what may happen if default occurs
4. A comparison between default and a government shutdown

LINKS REFERRED TO IN THE PODCAST

Article by Former Speaker of the House Newt Gingrich in favor of the compromise deal

Tweet from Congressman Chip Roy against the compromise with a chart comparing the "Limit, Save, and Grow Act" with the compromise deal

Tweet from Senator Rand Paul against the compromise

Text of the compromise bill on the debt ceiling