With the Home passing a debt ceiling invoice final night time and the Senate more likely to observe, I wish to use as we speak’s e-newsletter to evaluate President Biden’s dealing with of the difficulty.
Right here’s my easy abstract: Biden each gained and misplaced. On coverage grounds, he negotiated a very good deal for Democratic Occasion priorities — however at the price of abandoning what he had claimed was his principled refusal to barter over the debt ceiling. For Democrats to keep away from a repeat of this expertise, they should…