The current debt-ceiling talks are part of a broader effort needed by policymakers to address Washington’s fiscal climate that should include entitlement spending, according to Bill Hoagland, senior vice president for the Bipartisan Policy Center. Hoagland joins Bloomberg Intelligence analysts Duane Wright and Nathan Dean on this episode of the Votes and Verdicts podcast to discuss the debt limit, negotiations on how to raise it and how the US amassed $31 trillion in debt. Hoagland worked on Capitol Hill for 25 years for Senate Majority Leader Bill Frist and Budget Committee Chairman Pete Domenici.

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