Beltway Confidential

Biden needs to demonstrate good faith on the debt ceiling

By Hugo Gurdon

Published May 10, 2023 7:10pm ET

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Biden needs to demonstrate good faith on the debt ceiling — President Joe Biden talks with House Speaker Kevin McCarthy (R-CA) in Washington, March 17, 2023. There are stark differences in how President Joe Biden and House Speaker Kevin McCarthy want to shore up the government's finances. | (Mariam Zuhaib/AP)

Let’s start by stipulating that U.S. debt default would be a disaster.

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Debt Ceiling Joe Biden Kevin McCarthy