US Politics
US debt drama goes down to the wire as threat of default looms
Efforts to reach a deal hampered by the battle over spending cuts versus tax increases and accusations that Republicans have taken control of the narrative
As Capitol Hill emptied out for the Memorial Weekend holiday, departing Republicans and Democrats agreed on one thing; the ongoing battle over the debt ceiling has devolved into a Groundhog Day.
Every year, the same debt ceiling drama plays out with more or less the same conclusion. But this year, the drama has been playing out on an hourly loop, even as the warning siren of default grows louder.
The negotiations may be intense and ...
