Republicans and Democrats inveigh against each others’ competing debt limit bills with about equal intensity. Harry Reid’s bill is filled with gimmicks and phantom cuts, Republicans claim. John Boehner’s doesn’t get the job done deficit-wise, Democrats counter, and will likely result in a U.S. credit rating downgrade anyhow.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=109019