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This Debt Crisis Is Not Like 2011’s. It’s Worse.

Por: The Atlantic Politics May 04, 2023

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Former House Majority Leader Eric Cantor would know.Chip Somodevilla / GettyMay 4, 2023, 10 AM ETOn its surface, the unfolding debt-ceiling crisis looks a lot like the confrontation in 2011 between congressional Republicans and then-President Barack Obama. Once again, a new GOP majority in the House is using the threat of a national default as leverage to force a first-term Democratic president to agree to spending cuts in exchange for lifting... + full article



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