The Only Debt Ceiling Deal Is No Deal at All ...Middle East

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The Only Debt Ceiling Deal Is No Deal at All
Days of relative calm were few and far between during President Trump’s chaotic reign, but there was one matter about which no one had to fret: For four years, whenever the debt ceiling needed to be raised, Congress made it happen in a fuss-free manner and without worrisome talk about the catastrophic economic impacts of a debt limit breach. But with Republicans in charge of the House of Representatives, the bad old days are here again. On Wednesday, President Biden and House Speaker Kevin McCarthy commenced budget negotiations with a debt limit “X Day” looming.As CNN reported, Wednesday’s talks were something of a nonevent—precisely what political wags anticipated in the run-up to the meeti

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