Why Biden Caved

The White House and Congress have no longer made a lot development of their talks to avert an unparalleled, and doubtlessly calamitous, nationwide default that might happen once early June. But at the maximum basic level of competition, President Joe Biden has already caved: He’s negotiating with Republicans over the debt ceiling. For months, the … Read more

The Case for Debt-Ceiling Optimism

As the federal government careens towards the threshold of default with no deal to boost the debt prohibit, an not likely supply of reassurance has emerged. “I think everyone needs to relax,” Mitch McConnell advised newshounds on Tuesday in his house state of Kentucky. “The country will not default.” The longtime Republican chief, who as … Read more

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