The Federal Debt Ceiling Deadline Is Looming

With the national debt at a record $28 trillion, the July 31 deadline for congress to raise the debt ceiling or face default is fast approaching. Previous negotiations over changing the ceiling have almost invariably collapsed into political theatrics and even shutdowns. How will the political drama play out this time round? Presented by @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_econ&utm_content=more_insights