Members of both parties are preparing for a big brouhaha over the debt ceiling a few months from now. Democrats are daring Republicans to allow the country to default. Republicans are insisting that they’ll only raise the debt limit if the measure is paired with truly dramatic spending cuts. Both sides think they have the upper hand, and only one side can be right about that. But when all’s said and done, everybody agrees the debt ceiling will be raised.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=115596