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Plan B for the Debt Ceiling?

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Playbook has a “confidential discussion draft” of a debt ceiling proposal being circulated by the Problem Solvers Caucus.

“The bipartisan group of 64 House centrists is proposing to suspend the debt ceiling through the end of the year and, in the meantime, set up an ‘independent fiscal Commission’ to come up with a plan to confront the $31 trillion national debt. The commission’s policy recommendations would be due to Congress after the 2024 presidential election and would get a mandatory vote no later than February 2025.”

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About Political Wire

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.

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