The top of the eviction moratorium wasn’t the one miserable deadline that handed this weekend. Two years in the past, in a bipartisan vote, Congress suspended the debt ceiling till this July 31. However as my colleague Catherine Rampell wrote, “A Democrat is again within the White Home. Which implies, proper on schedule, Republicans are once more making an attempt to take the financial system hostage.” The Treasury Division can deploy some accounting methods to push again the debt restrict, however sooner relatively than later, Congress has to lift it, or threat Social Safety funds, navy salaries or perhaps a worldwide monetary disaster. The sooner the dual infrastructure payments go, the extra room Democrats should cope with Republicans’ shenanigans across the debt.
https://www.washingtonpost.com/opinions/2021/08/01/no-more-excuses-democrats-cant-risk-another-crisis/?utm_source=rss&utm_medium=referral&utm_campaign=wp_opinions | Opinion | No extra excuses — Democrats can’t threat one other disaster