One Thing: Should Congress Ditch the Debt Ceiling?

After weeks of intense negotiations, the Senate passed a bill late Thursday evening that will avert a first-ever US default just days ahead of the deadline. In today’s episode, we examine why neither party is particularly thrilled about the deal and why a similar standoff in 2011 could foreshadow struggles for Republicans as they try to implement spending cuts. Guest: Tami Luhby, CNN Senior Writer To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices