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Debt ceiling deal negotiations ongoing  on May 20, 2023


Balanced News


The Beltway Media Is Spreading Debt Limit Misinformation - The New Republic

Having watched Capitol Hill fall into chaotic convulsions over the debt ceiling a million times before, I’ve come to the conclusion that the only way to properly negotiate your way through a debt ceiling crisis is to not negotiate at all. But it would seem, for the moment, that President Biden is going to dip a toe in those waters and fashion some sort of compromise. A deal may not be possible; it won’t take but a handful of House Republicans to scuttle any sort of bipartisan offering. So it may be too early to say that Biden is breaking his vow not to repeat the mistakes his former boss made in 2011.

newrepublic.com     May 20, 2023