Who will blink first? The cynic in me suspects that neither party wants a default unless, of course, the blame falls squarely and unequivocally on the other party (in which case, let the bad times roll!). One fact that Republicans conveniently overlook is that every time we approach the debt limit, it’s because of past spending, not current borrowing. So the Trump tax cuts are at least part of the reason we’re approaching the brink. Here‘s one fanciful solution to the crisis.
Without the support of 10 Republican senators, Democrats will either have to remove the debt ceiling from the bill or risk a government shutdown.