CSPAN Washington Journal Shai Akabas Discusses Emergency Disaster Spending And... September 7, 2017
Cable television companies, and is brought to you today by your cable or satellite provider. Washington journal continues. The director of Economic Policy for the Bipartisan Policy Center is here to talk about the deal made yesterday, tying emergency disaster funding to the debt ceiling, and keeping the government running through december. Lets break down what is in the deal. The debt limit, what is it . The debt limit limits the amount that the federal government can borrow. Right now, we have close to 20 trillion in outstanding debt. Congress has put a limit on that amount. We have reached t...