Apr. 3, 2023: Centrist Dems' secret plan for the debt ceiling

Published: April 3, 2023, 9:55 a.m.

A group of House Democrats is secretly crafting a fallback plan to avoid an economy-rattling debt default.\nThe White House wants no part of it.\nModerate Democrats in the Problem Solvers' Caucus have spent weeks constructing a break-glass deal with centrist Republicans in case the country goes all the way to the brink on the debt ceiling. As the summertime deadline for action approaches, they\u2019re worried a prolonged standoff could lead to fiscal disaster.\nCongress editor Elana Schor talks with Playbook editor Mike DeBonis about the plan and what she's watching for.