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The Debt Ceiling Decision Tree
Price St. Clair /

The Debt Ceiling Decision Tree

With days to go before the ‘X-date,’ several scenarios could play out.
Policy
US President Joe Biden Debt Ceiling meeting House Speaker Kevin McCarthy
President Joe Biden meets with House Speaker Kevin McCarthy in the Oval Office on Monday. (Photo by Demetrius Freeman/The Washington Post via Getty Images)

Republicans and Democrats still haven’t hammered out a deal to raise the debt ceiling and avert the financial catastrophe that could accompany a default on the national debt.  

House Speaker Kevin McCarthy and President Joe Biden are continuing to negotiate, but the range of potential outcomes goes beyond a default/no default binary.

Photo of Price St. Clair
Price St. Clair

Price St. Clair is a former reporter for The Dispatch.

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