Posted inNational politics
Debt limit deal seems like a good compromise to this progressive
Many of my fellow progressives won't like my opinion, but I'm happy with the debt limit deal reached today between President Biden and House Speaker McCarthy. The deal is going to irritate those on both the far-left and far-right of the political spectrum, so passage of the legislation isn't assured. But the alternative -- defaulting on the nation's financial obligations -- was much worse. A New York Times story provides some basic facts about the deal. President Biden and Speaker Kevin McCarthy on Saturday reached an agreement in principle to lift the debt limit for two years while cutting and…
