Get Ready for an All-Out War on the Debt Limit

“GOP leaders are staring down two bad options to solve President-elect Donald Trump’s debt-limit problem, after failing to execute his demand to lift the federal borrowing cap in the last government funding bill,” Politico reports.

“One path requires full buy-in from Republican lawmakers to address the issue via budget reconciliation — a huge challenge thanks to the party’s fierce fiscal hawks. The other entails winning over Democrats, who for the most part rejected Trump’s initial debt-limit gambit last week.”