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House, Senate, and White House Debt Limit Negotiations Have Begun
May 11, 2023
Congress has been busy over the last few months tackling parental rights, protecting women in sports, judicial nominees, and more, but they have yet to address the elephant in the room: the debt limit. Several strategies have been thrown out to address the impending default. Some have been legitimate while others have been talking points to scare the other side into negotiating. As expected, the Biden Administration (that will dictate to Congressional Democrats) and the House Republicans (supported by most Senate Republicans) have failed to reach an agreement on a path forward yet, but with talks underway, one side will have to make the first move.
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