May 23, 2023: Four debt limit scenarios
With only days until the earliest possible default on June 1, we\u2019re going to address the question lawmakers aren\u2019t ready to face: What happens if Biden and McCarthy can\u2019t make a deal? Playbook spent several hours yesterday afternoon and evening working the phones. Rachael Bade breaks down four possible scenarios, ranked most to least likely.\nPlaybook co-author Rachael Bade breaks down her reporting.