Inside the Epic Political Battle Over the Debt Ceiling in 2012 (documentary) | FRONTLINE

Published 2022-09-13
FRONTLINE investigated how a clash of politics and personalities in 2012-2013 took the U.S. economy to the edge of the “fiscal cliff.” (Aired 2013)

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Based on interviews with key Republican and Democratic players including former Speaker of the House John Boehner, former White House adviser Gene Sperling and President Obama’s former Chief of Staff William Daley, “Cliffhanger” investigated how a struggle over America’s debt ceiling and deficit problems led to a bitter, high-stakes standoff.

Explore additional reporting on "Cliffhanger" on our website:
www.pbs.org/wgbh/frontline/documentary/cliffhanger…

#Documentary #DebtCeiling #USeconomy

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FRONTLINE is produced at GBH in Boston and is broadcast nationwide on PBS. Funding for FRONTLINE is provided through the support of PBS viewers and by the Corporation for Public Broadcasting. Additional funding is provided by the Abrams Foundation; the John D. and Catherine T. MacArthur Foundation; Park Foundation; and the FRONTLINE Journalism Fund with major support from Jon and Jo Ann Hagler on behalf of the Jon L. Hagler Foundation, and additional support from Koo and Patricia Yuen.

CHAPTERS:
Prologue - 00:00
Republicans Elected in the 2010 Midterms - 0:49
The "Young Guns:" Eric Cantor, Kevin McCarthy, Paul Ryan - 08:41
The President and the House Speaker’s Grand Bargain - 15:41
Another Deal from the Senate - 25:212
Teetering on the Fiscal Cliff - 35:02
Credits - 51:57

All Comments (21)
  • @GEB-yy3ud
    I fear the loss of this level of journalism.
  • @wolvesetc
    Best program in the US. So glad we have this.
  • @blackhawk5903
    This documentary was one of the most balanced and truthful and honest i have ever seen, nice job Frontline 👌🌹
  • @stevet5087
    Politicians treating humans like pawns… shocking
  • @Dunk90sBaby
    I have to say that was pretty good. Awesome work.
  • I remember living through this and thinking it was madness. We have lived through much greater madness since.
  • @kingsolomon0
    PBS documentary are always fair , balanced , objective and honest .
  • @JenkinsAnt
    I don’t know what makes me revisit these old political episodes from Frontline. They are so fascinating for reasons I can’t explain.
  • Haha "Eric Cantor is playing for the future, he wants to be speaker of the house". Eric Cantor, one year later: Becomes first house majority leader to lose his primary
  • @wjb4578
    Frontline delivering again. I put this on in the background while doing chores. Good stuff.
  • Great documentary. Thank you, Frontline. Can't believe this video was 10 years ago.
  • The documentary shows a very sad aspect about elected politicians that are riving each other in a personal and party level , and not making decisions for the good of the people and country.
  • @ambition112
    1:13: 📉 The 2010 midterm elections resulted in a significant loss for the Democratic party, leading to a change in power in Congress and a new class of Republican freshmen with a mission to change Washington. 5:07: 📜 House Republicans in the 112th Congress strategized to oppose President Obama's agenda, with Eric Cantor leading the charge. 11:42: 😱 The president's speech on fiscal policy becomes a direct assault on Paul Ryan's budget proposal, causing outrage among Republicans. 16:23: 😮 President Obama and Speaker Boehner secretly meet to discuss a grand bargain to address the debt ceiling and government size, with Boehner willing to offer an increase in tax revenue. 22:47: 💥 Negotiations for a grand bargain on the debt crisis hit a roadblock when Eric Cantor disagreed with the president and walked out of a meeting. 27:16: 😡 Speaker Boehner walks away from a potential deal with President Obama, causing anger and frustration. 32:19: 😔 The Republican party fails to reach a deal on the debt ceiling, leading to a fiscal cliff and their defeat in the 2012 election. 39:25: 📉 Boehner offers new tax revenue in a deal, but Obama demands more concessions. 43:07: 😔 Negotiations between House Speaker John Boehner and President Obama to avert the fiscal cliff quickly soured, leading Boehner to conclude that the negotiations were going nowhere and to pursue a different strategy. 49:14: 😔 Despite attempts at negotiation and compromise, the fiscal problems in Washington remain unsolved and the government is facing imminent deadlines on mandatory cutbacks, keeping the government running, and another debt ceiling vote. Recap b
  • @Demonlogical
    Honest and well prepared journalism as always, another great one from frontline. I appreciate the background of all the drama we have witnessed over the past ten years.
  • @ChubbsMcDubbs
    Watching this in April 2023 to prep for another round XD