.jamescdownie: While there were no winners in the debt ceiling deal, there was one clear loser: The far right can no longer sabotage the president — or the country.
to President Joe Biden for his signature, defusing the economic bomb that would have resulted from the U.S. government’s defaulting on its debts. And while there were no winners, there was one clear loser: The far right can no longer sabotage the president — or the country.
Let’s be clear: This deal wasn’t a victory for anyone, any more than narrowly avoiding plummeting off a cliff is a victory for a driver.and never let Republicans leverage threatening the American economy. Instead, we have an agreement that further tightens work requirements on hungry Americans. It cuts IRS funding, thereby reducing scrutiny of tax cheats . It aggravates climate change by expediting one of the pet projects of Sen. Joe Manchin, D-W.Va.
The truth is Biden’s economic record is strong — surprisingly so, judging by media coverage and polls of consumer sentiment.. Yes, he is still speaker, and yes, the global economy isn’t on fire. But if the bar is that low, then it’s on the floor.. Instead, McCarthy tried to get Biden to negotiate without committing his members to vote for any cuts — a failed stunt that gave the recent dealmaking an unnecessarily tight timeline.
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