Here's his lead-in to his blog post at Capital Gains and Games.
On the one hand, many Congressional Republicans are insisting that they don’t have to vote for an increase in the debt ceiling because the presumed dire consequences of not acting won’t be that bad. On the other hand, they’re also insisting that not raising the debt ceiling will indeed be harmful and, therefore, the White House had better agree to do what they want.Spectacular.
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