Center for American Progress

Will Republicans Keep Playing Russian Roulette with the Debt Ceiling?
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Will Republicans Keep Playing Russian Roulette with the Debt Ceiling?

Andrew Schwartz and Harry Stein discuss how political dysfunction and administrative mismanagement are leading the country dangerously close to defaulting on its financial obligations.

Authors

  • Andrew Schwartz
  • Harry Stein

More than seven months into the 115th Congress, Republican majorities in both the House of Representatives and the Senate have been notably dysfunctional. President Donald Trump and his White House staff are in disarray. The budget process is way behind schedule, and every day brings the United States closer to what should be the unthinkable: defaulting on the national debt by failing to raise the debt ceiling.

The above excerpt was originally published in The National Interest. Click here to view the full article.

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Authors

Andrew Schwartz

Senior Policy Analyst

Harry Stein

Director, Fiscal Policy