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House Republicans are refusing to raise the US debt ceiling without huge concessions. Vox’s Dylan Matthews explains why we have a debt ceiling to begin with (and how President Biden could bypass it). This episode was produced by Miles Bryan, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Paul Robert Mounsey, and hosted by Sean Rameswaram. Transcript at vox.com/todayexplained Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices
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