How Does the U.S. Debt Ceiling Work and Why Does it Matter?

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May 21, 2015

May 21, 2015

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Thursday on the NewsHour, as the Islamic State gains ground, doubts rise over whether they can be stopped.

May 20, 2015

May 20, 2015

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Wednesday on the NewsHour, five banks plead guilty for rigging currency rates worldwide.

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May 19, 2015

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May 18, 2015

May 18, 2015

PBS NewsHour

Tonight on the program, we examine the taking of Ramadi by Islamic State in Iraq and the consequences.

May 15, 2015

May 15, 2015

PBS NewsHour

Friday on the NewsHour, Boston marathon bomber Dzhokhar Tsarnaev is sentenced to death.

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May 14, 2015

PBS NewsHour

Thursday on the NewsHour, lawmakers debate infrastructure funding after a deadly train derailment in Philadelphia.

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5/25/15 6:00 PM
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The United States government hit the legal limit for the amount of money it can borrow Monday, but Treasury officials say they can take other measures to pay the bills. Ray Suarez discusses questions about how the debt ceiling works and the ongoing political debate with The New York Times' Binyamin Applebaum.

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