The Logic Behind Biden’s Refusal to Negotiate the Debt Ceiling
President Joe Biden has already made the most important domestic-policy decision he’ll likely face this year. Biden and his top advisers have repeatedly indicated that they will reject demands from the new GOP majority in the House of Representatives to link increasing the debt ceiling with cutting federal spending. Instead, Biden is insisting that Congress pass a clean debt-ceiling increase, with no conditions attached. [Annie Lowrey: The trillion-dollar coin might be the least bad option] Biden’s refusal to negotiate with Republicans now is rooted in the Obama administration’s experiences in…
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