Here we go again. Because the fiscal cliff deal left the debt ceiling issue untouched, Americans can count on a rerun of the mid-2011 “debt ceiling” debate over whether the United States government should be allowed to pay its bills. …
It’s generally agreed that Obama and the Democrats did a poor job of handling the debt ceiling fight last time. Will they now do any better? It’s possible, but only if they heed the political and public opinion lessons of the last go-round on the debt ceiling. [cont.]
Ruy Teixeira, The New Republic