Debt ceiling crash will have few victims: podcast

The U.S. Capitol is reflected in a puddle in Washington
The U.S. Capitol is reflected in a dwindling puddle in the midst of ongoing negotiations seeking a deal to raise the United States’ debt ceiling and avoid a catastrophic default, in Washington, U.S., May 24, 2023. REUTERS/Jonathan Ernst

LONDON, May 25 (Reuters Breakingviews) - President Joe Biden is trying to hammer out a deal with Republican lawmakers to ensure the United States can keep its lights on. In this Viewsroom podcast, Breakingviews columnists explain how even if the world’s largest economy defaults on its debts the damage will be limited.

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Editing by Oliver Taslic

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