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 <a href="http://vox.com/todayexplained">vox.com/todayexplained</a>  Support Today, Explained by making a financial contribution to Vox! <a href="http://bit.ly/givepodcasts">bit.ly/givepodcasts</a> Learn more about your ad choices. Visit <a href="https://podcastchoices.com/adchoices">podcastchoices.com/adchoices</a>

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It’s debt ceiling season

Today, Explained