Understanding the Debt Ceiling Debate Lessons from a Negotiation Expert

Understanding the Debt Ceiling Debate Lessons from a Negotiation Expert //

If you've been baffled by President Biden saying that he won't negotiate with Speaker of the House, Kevin McCarthy, on the debt ceiling, but then, nonetheless, meeting with Kevin McCarthy and other congressional leaders on the debt ceiling, then you are not alone. Now, to be clear, Democrats said that what happened in the White House on Tuesday was not a negotiation. It was rather a talk or conversations. So today, I'm gonna break down what's happening in the "negotiations" between House Republicans and the White House over raising the debt ceiling limit.

Next, watch Chinese Spy Balloon Over the U.S. | Lessons from a Negotiation Expert

Welcome! I'm Bob Bordone, a Senior Fellow at Harvard Law School and the Founder and former Director of Harvard Law Schools Negotiation Mediation Clinical Program. I'm also the Founder and Principal of the Cambridge Negotiation Institute and have written and taught on negotiation, mediation, and conflict resolution for more than 20 years.

00:47 Debt ceiling
01:46 What is happening
05:37 A game of chicken
07:28 BATNA
08:17 The 14th Amendment
09:53 Default 
10:27 Agreement and negotiations

#debtceiling #currentevents #bobbordone

[laurenpillay]

Thank you for giving some clarity on this topic.

[kristinotchristi]

I can't believe we're actually in this situation. It makes me sick to my stomach 😔

[lisafoy]

McCarthy looks like he spent week's at Mar a Lago 👔🤡✔️