The debt ceiling standoff intensifies.

The debt ceiling. Negotiations over the debt ceiling appear to be coming to a head. President Joe Biden and House Speaker Kevin McCarthy reiterated on Wednesday that they are determined to reach a deal to raise the $31.4 trillion debt ceiling and avoid a potential default, with McCarthy indicating a deal could be struck as soon as this weekend. Treasury Secretary Janet Yellen has reiterated that a deal must be struck by June 1 or the federal government will be unable to pay its bills.August 3rd, 2023, in Philadelphia, Pennsylvania. The event will be held at Brooklyn Bowl Philadelphia.Password-protected pre-sale tickets will be available for paid subscribers starting tomorrow at 12 pm EST. We'll be sending paid subscribers the password in our Friday edition. On Monday, tickets will go on sale to the general public. If you want to get a password for pre-sale tickets tomorrow, it's not too late to become a Tangle member.You can watch our debt ceiling explainer video or read our debt ceiling explainer piece.You can read today's podcast ⁠here⁠, today’s “Under the Radar” story ⁠here⁠, and today’s “Have a nice day” story ⁠here⁠. You can also read our previous debt ceiling coverage here., and our latest YouTube video on the border crisis here.Today’s clickables: Major announcement (0:41) Quick hits (3:41), Today’s story (5:37), Left’s take (9:18), Right’s take (13:12), Isaac’s take (17:17), New YouTube Video announcement (20:37), Under the Radar (21:06), Numbers (22:17), Have a nice day (23:08)You can⁠ subscribe to Tangle by clicking here⁠ or drop something⁠ in our tip jar by clicking here.⁠Our podcast is written by Isaac Saul and edited by Jon Lall. Music for the podcast was produced by Diet 75. Our newsletter is edited by Bailey Saul, Sean Brady, Ari Weitzman, and produced in conjunction with Tangle’s social media manager Magdalena Bokowa, who also created our logo.--- Send in a voice message: https://podcasters.spotify.com/pod/show/tanglenews/message Hosted on Acast. See acast.com/privacy for more information.