We have never, ever failed to pay our debt. But MAGA Republicans are engaged in reckless hostage-taking by threatening to force America into default. It’s dangerous and wrong.Meanwhile, the liberal media are similarly condemning Republicans. In perhaps the most stark and unhinged example,Based on all this rhetoric, you’d be forgiven for thinking that Republicans are for some reason refusing to raise the debt limit and risking a national crisis. But that’s not the case.
This means that in order to avoid a default, all Democrats have to do is pass this bill through the Senate, which they control, and have Biden sign it into law. The ball is 100% in their court. So Republicans are not forcing America to default. If the U.S. does, it will be because Democrats chose to default rather than accommodate the Republican concessions — which, to be clear, aren’t exactly draconian. In fact, the legislation has received ample criticism from the Right because it doesn’t do nearly enough to reduce the debt.“While these savings are significant, they remain small relative to the size of the nation’s budget problem.
What’s more, Democrats can negotiate with McCarthy. They could almost certainly reach some sort of compromise that includes fewer partisan poison pills. But they are demanding that Republicans blindly raise the debt limit without any reforms or concessions. That’s like responding to your out-of-control credit card spending by taking out a new credit card with a higher limit yet not changing any of your habits. It’s fundamentally unreasonable, and Republicans need not go along with it.
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