The Debt Ceiling Crisis, Continued

Headline: “U.S. could run out of cash by June 1, {Secretary of the Treasury} Yellen warns.” Biden and House Speaker Kevin McCarthy will be conferring next week, it’s reported. The trouble is that even if they can work something out, it’s highly unlikely that McCarthy can get his right-wing-extremist dominated, authoritarian-seeking, nihilistically inclined Republican caucus to go along with it. In the event that the crisis is not resolved through negotiation, I hope that Biden will have an exemplary speech prepared to deliver to the nation, explaining why he is preventing default under the authority of the 14th Amendment to the Constitution, and that the Government will have a brief prepared to submit to the Supreme Court supporting the legitimacy of his action. May sanity and good will carry the day.