Mike Quigley: Debt ceiling deal was better than US defaulting

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Mike Quigley: Debt ceiling deal was better than US defaulting
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Commentary: The idea that Democrats could raise the debt ceiling with no strings attached flew in the face of the reality House Republicans have created.

Opinion content—editorials, columns and guest commentaries—is created independent of news reporting and is exclusive to subscribers.Senate Majority Leader Chuck Schumer, D-N.Y., after the Senate voted 63-36 late on June 1, 2023, to suspend the nation’s debt limit and put caps on federal spending for two years.

Over and over, House Speaker Kevin McCarthy and the GOP made clear they would never entertain a clean bill. Instead, they would rather manufacture a crisis to hold our economy hostage to extract concessions for their extremist agenda.Thanks to President Joe Biden’s calm leadership and deft negotiating team, the White House successfully beat back the most radical proposals from right-wing members of Congress and protected the administration’s signature accomplishments.

And factions of Republicans are still stewing in the aftermath. Earlier this month, conservative Republicans ground the House floor to an unexpected halt in retaliation for what they have determined was a bad deal cut byto cut food assistance for the most vulnerable, hatefully target the LGBTQ+ community, eliminate services for thousands of veterans, force duplicative work requirements on Medicaid recipients and cancel Biden’s student debt relief plan.

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