"...The biggest win of all, for the nation, is that apparently we get a nearly two-year respite from this ridiculous game. Congress or the president should use that time to eliminate the debt ceiling once and for all. [snip]
"Democrats should have tried to do away with the debt ceiling when they controlled the White House and both chambers of Congress. After this agreement is signed and sealed, Biden should look for a way to have the Supreme Court decide whether the 14th Amendment makes the debt ceiling unconstitutional, as some legal scholars believe.
"Reasonable people need to stop the madness. One of these times, unreasonable people will miscalculate — and deal the nation a crippling self-inflicted blow."-- Eugene Robinson in the Washington Post on the debt ceiling hostage- taking game, and what needs to be done about it. Only the U.S. and Denmark have a debt ceiling that's set at an absolute amount rather than as a percentage of GDP.
Where we would depart from Robinson is in entertaining any thought that the Republican Supreme Court would be a venue that could rule favorably on the 14th Amendment issue.
