Rohit Kumar on Structure of Debt Deal

Rohit Kumar on Structure of Debt Deal

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the similarities between the current negotiations and those in 2011, highlighting the risks of a credit downgrade due to political partisanship. It examines the debate over spending caps and the challenges of passing legislation in a divided government. The video also covers Senate procedures and Mitch McConnell's strategic role in resolving the situation.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the key differences between the negotiations in 2011 and the current negotiations?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the significance of the final agreement being signed into law on a specific date?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How did political partisanship impact the creditworthiness of the US according to Fitch's warning?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What arguments were made regarding the potential for a credit downgrade in the current cycle?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What external pressures influenced the timing of the negotiations and the final deal?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How do the spending caps in the current agreement compare to those in 2011?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What role did Mitch McConnell play in the negotiations, and how was his approach perceived?

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