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A Fix for the Debt Ceiling

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Sens. Jeff Merkley (D-OR) and Tim Kaine (D-VA) offer a fix in the Washington Post for the debt ceiling mess:

“This legislation would put the power to prevent default in the hands of the president, with Congress acting as a check. In other words — just as McConnell proposed, the bipartisan Congress passed and the Obama administration implemented in 2011 — Congress could only stop the president from raising the debt ceiling if a veto-proof two-thirds majority of lawmakers agreed it was the right thing to do.”

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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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