It could have been a lot worse

Created
Mon, 29/05/2023 - 03:00
Updated
Mon, 29/05/2023 - 03:00
A debt ceiling fight ending with a whimper not a bang It’s not over yet, because Kevin McCarthy still has to round up enough votes to get past the Hastert Rule (GOP can’t bring a bill to floor with a majority of Democratic votes) and he might still face a motion to vacate the chair when all is said and done (which is his problem, not ours) it appears that creaky old Joe got the best deal we could have expected, most importantly an agreement to extend the debt limit until after the next election. Donald Trump hasn’t said a word yet. Whether he whips against voting for it is unknown. But you can bet he is not happy about it. Here’s Dave Dayen at the American Prospect with the view from the progressives: With one potentially major exception, the relative harm and help was kept to a minimum in the final agreement. It will only be a little bit easier to commit wage theft, or to sell defective or poisoned products. It’ll only be a little harder to get rental assistance or tuition support. Only a few people will be freer to pollute the environment; only a few will find it more difficult to get food. The Internal Revenue Service will only be a little worse. A lot of things will stay the same. Almost nothing will get any better. That’s the broad strokes of a deal that the White House and House Republicans are selling to their respective…