The Neuroscience of the Debt Debate, or Why Cooperation Takes a Backseat to Mistrust

Eleventh-hour negotiations aren’t uncommon in Washington, D.C., but the most recent duel over the debt limit seems especially tense. Unless its debt ceiling is raised from its current $14.3 trillion, or its budget is miraculously balanced, the U.S. will default on its financial obligations on August 2, leading to a credit downgrade, delayed government payments and other serious economic troubles.

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The Neuroscience of the Debt Debate, or Why Cooperation Takes a Backseat to Mistrust