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Debt Limit Deadline Jolts Congress

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Politico: “One party or the other is going to have to blink in the debt ceiling standoff. The question is when…”

“The House and Senate are scheduled to be in session simultaneously for just two weeks this month. And with potentially less than 30 days to get the job done, Senate Democrats are now openly discussing the prospect of bringing a clean debt ceiling increase to the floor — effectively daring the GOP to either buckle and advance the bill or filibuster it.”

Punchbowl News: “Yellen’s letter had the immediate — and perhaps counterintuitive — effect of hardening everyone’s positions.”

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About Political Wire

goddard-bw-snapshotTaegan 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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