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Time is running out for Congress to pass legislation lifting the debt ceiling. The United States is just days away from defaulting on its obligations, which would cause global economic chaos. A deal seems likely to pass, but given that the deadline was no mystery, why did it take until the last moment? Is there a better strategy? How should we have tough conversations about our nation’s spending? And is it inevitable that we will find ourselves in this situation again?
(A full transcript of the episode will be available midday on the Times website.)
Thoughts? Email us at matterofopinion@nytimes.com or leave us a voice mail message at (212) 556-7440. We may use excerpts from your message in a future episode.
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Follow our hosts on Twitter: Michelle Cottle (@mcottle), Ross Douthat (@DouthatNYT), Carlos Lozada (@CarlosNYT) and Lydia Polgreen (@lpolgreen).
“Matter of Opinion” was produced this week by Sophia Alvarez Boyd, Phoebe Lett and Derek Arthur. It was edited by Stephanie Joyce. Mixing by Carole Sabouraud. Original music by Isaac Jones, Carole Sabouraud and Pat McCusker. Fact-checking by Kate Sinclair and Michelle Harris. Audience strategy by Shannon Busta and Kristina Samulewski. Special thanks to Allison Benedikt. The executive producer of New York Times Opinion Audio is Annie-Rose Strasser.
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