U.S. debt default crisis becomes political pawn of partisan fight

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U.S. debt default crisis becomes political pawn of partisan fight

STORY: U.S. debt default crisis becomes political pawn of partisan fight DATELINE: May 29, 2023 LENGTH: 00:02:10 LOCATION: Washington, D.C. CATEGORY: POLITICS SHOTLIST: 1.various of U.S. President Joe Biden and House Speaker Kevin McCarthy 2. SOUNDBITE 1 (English): JOE BIDEN, U.S. President 3. SOUNDBITE 2 (English): KEVIN MCCARTHY, U.S. House Speaker 4. various of U.S. President Joe Biden and House Speaker Kevin McCarthy 5. SOUNDBITE 3 (English): DAVID A. SUPER, Professor of law and economics, Georgetown University Law Center 6. SOUNDBITE 4 (English): MARK ZANDI, Chief economist, Moody's Analytics 7. SOUNDBITE 5 (English): PETER COHAN, Associate professor of management practice, Babson College 8. SOUNDBITE 6 (English): WENDY EDELBERG, Senior fellow on economic studies, Brookings Institution STORYLINE U.S. White House and Republicans on Saturday reached an "agreement in principle" to raise the debt ceiling to avert a possible default amid deep partisan divide and global concerns. SOUNDBITE 1 (English): JOE

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