Get Ready for a Debt Ceiling Showdown

Last week, after a historic five-day battle involving no fewer than 15 rounds of voting, Representative Kevin McCarthy (R-CA) was elected Speaker of the House of Representatives for the 118th Congress. In order to win the gavel, McCarthy had to make concessions to a group of 20 far-right Republicans, the majority of whom belong to the House Freedom Caucus. We don’t know the details of many of these back-room … Continue reading Get Ready for a Debt Ceiling Showdown