“Congress disposed of a looming global economic catastrophe this week by doing what it does best: Not much,” the New York Times reports.
“After weeks of a market-threatening partisan stare-down, Senate leaders struck a not-so-grand bargain that raised the debt ceiling into early December, just two short months away. If history is any guide, lawmakers will then engage in the exact same fight all over again — and may even end up with yet another Band-Aid solution.”
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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.
Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.
Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.
Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.
Goddard is the owner of Goddard Media LLC.