This editorial will appear in Friday’s print edition.
Thursday’s White House conclave on the nation’s debt and deficits was “very constructive,” President Obama announced after the session ended.
What does that mean? Nobody pulled out a gun?
Republican congressional leaders have forced Democrats into the ultimate game of chicken.
Their threat to prevent Democrats from ratcheting up the $14.3 trillion debt ceiling is inherently reckless: If they made good on it, the nation’s fragile semi-recovery could be walloped by higher interest rates as investors watched Congress playing politics with its financial obligations.
Who jumps out first before the nation’s credit rating goes over the cliff? Read more »