Democrats management the White Home and each homes of Congress. As the bulk they’ll move a rise within the U.S. federal debt restrict as a part of their price range invoice with no single Republican vote. But Democrats are insisting that Republicans present votes to present them political cowl in elevating the restrict.
That’s the underside line on the newest political theater unfolding in Washington over elevating the statutory debt restrict. The Treasury is enjoying its acquainted perils-of-full-faith-and-credit track. Captains of trade are calling default unthinkable, unconscionable, un-whatever-able. So why aren’t Democrats, who’ve the facility, elevating the restrict and saving the world from supposed disaster?