I find all of this fuss about the debt ceiling to be simultaneously offensive and boring as fuck. It’s perfectly obvious to everybody that the Republican Party is threatening to fuck up the US economy–and the global economy to some extent–unless President Uncle Joe agrees to their demands...
Negotiations over raising the debt ceiling in 2011 spawned the sequester. Democrats and Republicans were unable to agree on $1.2 trillion of future budget cuts back then. So the two sides set up a “supercommitee” with a deadline to iron out differences. At the same time, Congress passed ...