Debt Ceiling: Will Biden and Congress Overcome Partisan Gridlock and Avoid a Default?

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Debt Ceiling: Will Biden and Congress Overcome Partisan Gridlock and Avoid a Default?
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A GOP bill to raise the debt ceiling and cut spending drew fresh attention to the issue, but the path to avoiding a default remained unclear. See potential bias and similarities in coverage from opinion, thehill and reason: DebtCeiling Politics

House Republicans this week unveiled a sprawling 320-page proposal to raise the debt limit and are sprinting toward a vote next week.

The sweeping bill lays out a proposal to raise the debt ceiling, which puts a limit on how much the debt the government can owe on to pay the country’s bills, by $1.5 trillion or through the end of next March, whichever comes first. Congress is expected to have until sometime in the summer to raise the roughly $31.4 trillion cap, or risk what experts say could be...

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