President Biden and House Speaker Kevin McCarthy have reached a deal—but can they get enough members of their respective parties to agree to it?
They’ve got a deal—but can they get enough members of their respective parties to agree to it? That’s the question facing Presidentthis week, as lawmakers consider their plan to raise the debt ceiling and avert what Treasury Secretaryhas warned would be a “catastrophic” default. The prospect of such a crisis is likely to generate enough support on both sides of the aisle for
. But with several far-right lawmakers digging their heels in against it—and some Democrats irked by Biden’s concessions—uncertainty still hangs over the vote.Sunday. “I strongly urge both chambers to pass that agreement.” “It’s not 100 percent of what everybody wants,” McCarthy added, “but when you look, the country is going to be stronger.”
That such a compromise was necessary is maddening: Republicans could have raised the debt ceiling without any economic hostage-taking, as they did three times under. That the GOP will get anything at all out of the crisis they've manufactured is a point of frustration for some Democrats—and rightly so.
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