Debt ceiling shenanigans explained by my favorite columnist #heathercoxrichardson
“Both President Joe #Biden and House speaker Kevin #McCarthy (R-CA) have stated publicly that the U.S. will not default. They are negotiating over the budget. For my part, I’ve started to wonder if the whole #DebtCeiling crisis isn’t about #Republicans’ determination to cut taxes for the wealthy at all costs.”
#Kleptocracy
https://heathercoxrichardson.substack.com/p/may-23-2023
The piece is kind of all over the place, skipping back and forth between the debt ceiling argument, tax policies, and spending policies.
And yet it ignores the most straightforward part of the whole story, the appropriations legislation passed by the last Congress and the president that set this situation up.
The author seems too busy grinding a favorite ax to really consider where we are today and why.
