Good Column From David Brooks

Sometime this summer, the Democrats and the Republicans will go toe-to-toe over whether to raise the debt ceiling. At the height of the confrontation, President Obama may well address the country and say that even though he has offered the Republicans more than $1 trillion in spending cuts (unspecified), the Republicans have not been willing to compromise on a deal. He will then announce that, even without an agreement, the U.S. will still have enough money to continue payments to its creditors.


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